Breaking News this morning is that there has finally been a Brexit deal agreed!

UK Prime Minitser Boris Johnson tweeted !We’ve got a new deal that takes back control” this was followed by Jean-Claude Juncker’s tweet “Where there is a will, there is a deal”.

The deal needs to be passed in the U.K’s parliament this coming Saturday as we come very close to the 31st of October deadline.

The markets have of course reacted to the news with sharp movements. We suggest that all traders check their margin levels and if needed, support your accounts with more capital.

In case of any questions, please feel free to contact our support team or your account manager.

Best regards,

Tony Edwards
Account Manager
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex

New Partners Products & Services

We would like to update our Partners about our new product called xLocal that gives you the gateway to become a mini broker and earn like the broker.

xLocal is an advanced Partner product that will allow IB’s and Affiliates to achieve higher earnings, immediately through this perfect product for your success.

What will I get?

Using the xLocal you become the broker, you will get your own branded site, your own account types, promotions structure, branded live chat, corporate email, administration tools and many more amazing tools.

How can I earn up to 80% more using xLocal?

Unlike being an affiliate, here you earn like the broker and you can choose how you earn. You’ll have more control over elements that help generate higher profits and we predict you can earn between 50%-80% more than your traditional IB earning relationships.

What are the advantages of xLocal vs. traditional IB/Affiliate relationships?  

There are too many advantages to list, so we’ve listed the most valuable benefits according to our existing successful xLocal partners, or refer to our xLocal brochure for more details:

• No longer lose any more traffic. Each client will be registered under your brand so your sales teams can work on converting leads and demos to real money
• You can choose your earning model, based on your insights and understanding of your own traffic in order to maximise your profitability
• You have more control over your brand, the account types and promotions you want to offer for higher conversions and profits
• Control your conversion, sales and retention to increase your profitability via your own sales channels, live chat and email
• Build your own affiliate network and benefit from relationship with your connections and turn them into profits.

Read the full xLocal information: https://www.yadix.com/documents/xlocal.pdf  

Other products that might interest you:
 
1)    White Label set up: http://www.quantixfs.com/docs/QXLabel.pdf
2)    New Lead conversion tools: SMS & email post mastering free services to our partners
3)    Generous Affiliate conditions

I’d love to tell you more, so please contact me to arrange a time to discuss the options and set your new partnership structure.

Best regards,

George Miller
Partners Team
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: partners@yadix.com
Skype: yadix.forex

Celebrating ECN Month at Yadix!

During October, we are celebrating ECN month and giving amazing value for our traders.

ECN Forex trading accounts are very attractive to EA traders, Day Traders, Scalpers, HFT's and normal manual traders who are looking for lower costs. At Yadix we understand this value and we offer some of the best real market ECN conditions available.

We also, ensure the highest quality DMA order execution and boost both fast and accurate order execution for all traders, on all accounts. 

What can you save During October?

During October you can save as much as 75% on the minimum deposit requirements on the famous Yadix ECN accounts:

Scalper ECN Account

Spreads: 0 pips
Commissions: $5 per 100k traded
Minimum Deposit: $500 - During October only $250!


Pro ECN Account

Spreads: 0 pips
Commissions: $3.50 per 100k traded
Minimum Deposit: $10,000- During October only $2,500!

VIP ECN Account
Spreads: 0 pips
Commissions: $2.50 per 100k traded
Minimum Deposit: contact support- During October only contact support!

Learn more here: https://www.yadix.com/trading-conditions/account-comparison/ 

GBP/USD Recovers above 1.2100

The major currency pair GBP/USD has regained and is now trading above 1.2100 after upbeat UK Retail Sales.

The Office for National Statistics released the UK CPI data, which came out better-than-expected of 2.1% compared with the forecast of 1.9%. Since the data was released the GBP is now pushing the rates back above the 1.21.  

One of the most surprising elements was that department stores growth increased for the first time this year with month-on-month growth of 1.6%,  this follows six consecutive months of decline.

According to this move, the markets are ignoring the long ongoing Brexit worries and trade concerns and the retails sales data outweigh downward contributions from transport services and domestic fuels principally electricity and gas. 


Trade GBPUSD with spreads from 0 pips

Gold Drops Dramatically

Gold drops $57 in value over four hours (3.71%)!

It was no surprise that Gold fell dramatically yesterday from highs of $1535 to lows of $1478, following the recent falls in treasury bond rates, Trump’s tax cuts, central banks leaning towards easing and a slowing global economy.

The $57 drop in price (3.71%) hit the markets over a four-hour period came as the decision to delay tariffs and to put trade negotiations back on officials calendars in two weeks. As a reaction to this news, stocks loved it, but the price of gold didn’t.

This is because, in such circumstances, short term investors move away from risk-on markets. Normally this kind of candle patterns indicates indecision in the market place, however as gold has been trading at six-year highs recently, the move represents buyer exhaustion.

It's expected that investors will now turn their attentions to the stock markets and break-outs in Indices as is visible on the H1 Dow Jones chart.

Based on leading technical analysis, the gold is expected to continue to falter over the coming weeks.

Trade Gold with Yadix STP Forex Broker with spreads as low as 0.5 pips

Non Farm Payroll Alert

The U.S Non-Farm Payrolls will be released Friday, 2nd of August 2019 13:30 GMT and is a key economic indicator that can cause volatility in the markets. 

What to Expect this Month?
Non-Farm Payrolls are expected to have increased by 164,000 last month, as indicators point to another solid month of job expansion, yet down on the previous months report that came in at 224,000. 

The ADP Employment report improved to 156k from an upwardly-revised reading of 112k last month and the ISM Manufacturing Survey employment component fell to 51.7, down nearly 3 points from last month’s 54.5 reading, whilst the four week moving average of initial unemployment claims remains near a half-century low at 211,500.

This report is being touted as crucial following the Fed’s decision to cut interest rates for the first time since 2008, which was also followed up by a rambling press conference from Fed chairman Powell, living up to his “cover-all-bases”. During the press conference he also emphasized that it wasn’t a one-and-done decision, suggesting traders could still see another interest rate reduction (or two) in the coming months.

Further to the Fed decisions, equity markets tanked after Donald Trump imposed 10% tariff on another 300 billion US dollar worth of Chinese goods that were exempt from duties to date. New tariffs came as a surprise just after a delegation of US officials returned from Shanghai. As it stands, it seems there is no willingness to resolve this yearlong trade dispute.

Opportunities Around the NFP Reports:
Regardless of the results of the Non Farm Payrolls, the markets always experience moves immediately after the release which offer traders excellent short-term trading opportunities. Positive or negative reports will affect market sentiment which can create new trends and trading opportunities.

Make the most volatile markets with Outstanding Execution Statistics & Price improvements: https://www.yadix.com/Execution-speed/

Don't Forget to Claim your July 2019 Rebates!

Please be reminded that now its the time to claim your July 2019 monthly Cash Back Rebates: 

1.2 pips on Super Rebate Account 

1 pip per lot on Rebate Account 

0.3 pips per lot on Classic Account

0.2 pips on Scalper ECN Account

To claim your rebates simply send us an email in between the 1st and 5th of each month. Please include your MT4 account number and the number of lots that you have traded.

*Learn more on the new Cash Backs Program – Up to $12 Per Lot!