The Best Forex Broker Benefits

When trading the Foreign Exchange Markets (Forex or FX) traders are spoiled with many brokers available to choose from.  Making the decision to join the best Forex Broker for you is tricky and there are many elements to take into consideration to make sure you choose the safest and most reliable Forex Broker.

At Yadix, we know that the no Dealing Desk Forex Broker model is the most transparent and fair way to execute orders for our clients. This no conflict of interest Forex trading allows clients to trade in confidence knowing that they will never be trading against their broker and that the broker doesn’t make money on your losses.

We also understanding that the no Dealing Desk brokerage (STP) is the best for traders that are experienced, profitable or that those that use a strategy that cause problems for market makers or dealing desks. Such strategies and profitable Forex traders can include Expert Advisors, Forex Scalpers, News Traders and Arbitrage traders.

The next step is to understand why and STP (Straight Through Processor) or ECN (Electronic Communication Network) is more beneficial for profitable Forex strategies. We’ve tried to answer these questions below:

Forex Trading Strategies:

There are many Forex Trading Strategies that require very specific trading conditions and execution rules to allow them to fulfil the profit potential the strategy can deliver. 

Trading Conditions at Yadix Forex Broker:

• No Scalping Restrictions
• Low Spreads from 0.1 pips
• Leverage up to 1:500 – not restricted by balance
• Hedging & Scalping friendly
• Negative balance protection
• Multi-bank Liquidity & Pricing
• Minimum Funding $100
• Swap Free Accounts (no additional spreads or charges)
• Unrestricted Order Opening & Closing 

Execution Rules & Account Benefits at Yadix Forex Broker:

• No Re-quotes or Re-pricing
• No Dealing Desk (NDD)
• No conflict of Interest
• STP Broker Model
• Micro lots Trading
• No Restrictions on SL & TP
• Micro Lot Trading (0.01) on all Accounts
• Same Day Withdrawals
• No Fees or Charges on Credit Card Deposits

These execution rules and trading conditions allow any Forex trading strategy the flexibility to perform to their maximum profitability at Yadix Forex broker.

A Dealing Desk Forex Broker or Market Maker makes money from clients losses and as such can implement different trading conditions to make trading less profitable which will generate more profits for them. Such changes include forcing a minimum distance between the opening and closing of Forex trades. Most big brokers are market makers and when investigating traders can easily see that each currency pair have stop distance restrictions usually a pip level or in some instances time restrictions. This means that your order must move at least 3 to 15 pips (dependent on the broker) or five minutes before the order can be closed.

How does this affect your trading strategy, well, imagine that after 1 minute of opening your order, the order has reached your profit target, you must wait another four minutes before the order can be closed. Or, if you’re a Forex Scalper, your target is to open 100 per day and make 1 pip per order in profit, but you must wait for the price to increase or decrease by five pips before closing your order. These conditions are in place to increase your chances of the market going against you and making your losses greater.

Because of the flexibility that Yadix Forex Broker offers clients in trading conditions and execution rules, our reputation for being the best broker for scalping and ideal for expert advisor traders is growing each day.

Our professional trader support team would be happy to discuss your strategy and the benefits that Yadix can offer you. Just get in touch.