When choosing a Forex Broker to run your Scalping Strategy
or Scalping Robot, there are important questions that all traders must ask themselves
and the broker before getting started.
Below are the most asked questions our support team receive
from new Scalpers and EA traders at Yadix, all of which are crucial for a
successful or profitable Forex Scalper.
Yadix delivers lightening fast and low latency order
execution by using the Equinix Financial Exchange, a leading Financial Services
technology provider.
The Equinix NY4 server facility is located at the heart of
New York’s financial centre and through this technology, all clients trades
will now be executed through the large network of trading hubs and bank
servers, located in the Equinix data centres.
A deep pool of liquidity is provided through top FX Banks
that compete for your forex trades and deliver the lowest spreads to Yadix
clients. Multiple providers of liquidity ensure that there are no strategy restrictions
giving you the freedom to scalp as aggressively as you want.
Some of the leading
Liquidity Providers competing for your trades: UBS, Citibank, JP Morgan, Bank
of America, Deutsch Bank, Barclays Bank
The combination of Equinix technology and the a large pool
of liquidity ensure that your orders are being filled as fast as possible to
the biggest liquidity providers, as such orders are executed extremely accurately
including tight stop loss and take profit filling.
As a true Inter-bank broker (DMA, ECN, STP), Yadix can
deliver no restrictions on any pending orders or order modification. Unlike
dealing desk brokers, Yadix gives its clients the ability to trade without a
minimum level of pips on stop loss, take profit or any pending order types.
There are also no time limits on the time that your orders need to remain open.
Ideal for Forex Scalpers.
As we all know, low spreads are not just important, but a
major factor in all Forex trading strategies. At Yadix, we offer two account
types that offer Raw Spreads (the spread that the Broker receives from the
liquidity providers). These Raw spreads are passed on to clients (without any
mark up) on the Pro and Scalper accounts. This ensures low cost and the most
accurate triggering of orders when using an EA or Automated trading strategy.
Slippage is generally reported as a negative aspect of
trading on the interbank market, however, you rarely read about positive
slippage. Positive slippage is when an order is executed at a more positive
price to give the trader additional profits on a pending order.
Both positive and negative slippage is a factor that all traders
need to consider and cannot be avoided when trading real Forex markets. Furthermore,
there are no brokers that can guarantee slippage, unless they employ market
making tactics.
When trading economic market data releases, there are a few
steps to help traders being affected by slippage, they are using a VPS, balance
trading and take into account slippage and avoid trading during these highly volatile
periods. After all, when trading on the true Forex markets, slippage is part of
trading and cannot be controlled or compensated.
When trading on the DMA, STP or ECN Forex model, you are guaranteed
no re-quotes, stop loss hunting and other strategies that are employed by
market makers to ensure that they profit from your losses.
The interbank model is as pure a model of trading forex as
is possible. The broker does not benefit from losses and therefore, its
interest is in helping its clients generate higher Forex volumes. Yadix
provides many beneficial conditions and trading tools to help you grow into a
better, more profitable Forex trader.
The Yadix commitment is to execute all deposits and
withdrawals as soon as possible. On your first deposit, our back office
performs all relevant checks in accordance to procedures set by the Forex
regulators. Thereafter, all subsequent deposits are added instantly to your MT4
account.
Withdrawals are all completed within 24 hours as a promise.
However, our accounts team endeavour to complete all withdrawals within a few
hours.
Furthermore, Yadix doesn’t delay or restrict any client to
withdrawal amounts or numbers of withdrawals during any period of time. In
fact, even our IBs have the ability to withdraw their commissions on a daily
basis, a unique service deliver by the Yadix commitment of transparency and
honesty.
Our client area is a leading facility that allows the self-management
of each clients Yadix profile. Whether it’s for depositing, withdrawing,
creating multiple accounts or changing your leverage, these, and more actions
are completed and executed in seconds.
You are free to transfer funds from one account to another
without charge or delay, change your login details or personal details, all are
extremely simple.
If you are looking for answers to any questions, our professional
and highly trained support staff are on hand to serve you in any way we can.
