How to Choose the Best ECN Broker?

How to Choose the Best ECN Broker?

Best ECN Conditions:

• Low forex spreads (0 pips)
• Multi-bank Liquidity (15 LPs)
• No Dealing Desk (DMA)
• No re-quotes
• No Restrictions on SL & TP
• No Strategy Restrictions
• No min/max order limits

Best ECN Account Conditions

• High Leverage
• Low deposit requirements
• Fastest order execution (6ms)
• Low ECN commissions
• 24 hour withdrawals

Open ECN account and claim free Forex VPS: https://www.yadix.com/forex-trading-community/promotions/Free-VPS/?ib=59645723

U.S Non-Farm Payrolls

The U.S Non-Farm Payrolls will be released Friday, 06th March, 2020 12:30 GMT and is a key economic indicator that can cause volatility in the markets.

What to Expect this Month?

Many of the market experts and economists are expecting US Non-Farm Payrolls to post -2.2M and -10M for the month of May, while the consensus is only at -8M. Unemployment rates are expected to rise again to 19.8% for the month due to the coronavirus impact.

The European Central Bank's exceeded expectations by expanding its Pandemic Emergency Purchase Program (PEPP) by €600 billion to a total of €1.35 trillion, the decisions has pushed EUR/USD to the highest levels since mid-March, and it seems the gains may continue. For the pair, the Non-Farm Payrolls will be critical to determine the pair’s next move.

The Wage growth is expected to be at decent levels as low-earners have suffered job-losses during the pandemic.  The employment-to-population rates are likely remain depressed, however, May's shedding of jobs is expected to be much smaller than in April, and considering the doom-and-gloom, indications are pointing to a relatively upbeat report. One warning is that the ADP's private-sector jobs report,  seem too good to be true.

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.

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Non-farm payrolls the worst ever recorded.

The U.S Non-Farm Payrolls will be released Friday, 08th May, 2020 12:30 GMT and is a key economic indicator that can cause volatility in the markets.

What to Expect this Month?

This Friday’s non-farm payrolls report form the US is expected to be the worst ever recorded. Economists believe that an estimated 22 million jobs were lost in the month of April, which in turn would mean that the unemployment rate is likely to reach up to 16%, which would be the highest level since the 1938 recession.

The collapse of the American labour market is not a surprise as many of the world’s economies struggle to cope with the coronavirus outbreak. More than 33 million people in the United States have been laid off in recent weeks, however this impact has already been priced in to the markets. 

Persistent selling of USD/JPY recently suggests that the markets are positioned for a weak report, yet higher than expected job losses could still drive USD/JPY lower. Equities and 10 year Treasury yields are near 1 month highs which suggests that investors are either looking past April data or aren’t prepared for a weak release, however it’s possible that a weaker than expected report may send equities tumbling lower. 

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.

Copy trades and benefit from projected month gains of +41.8%

Its Time to Claim your April 2020 Rebates!

IMPORTANT: Please be reminded to review the trading hour changes for May 2020 due to upcoming holidays: https://www.yadix.com/documents/May-2020-Trading-Schedule.pdf

Please be reminded that now its the time to claim your April 2020 monthly rebates!

To claim your rebates simply send us an email in between the 1st and 6rd of each month. Please include your MT4 account number and the number of lots that you have traded.

In case you are not trading for Rebates, I want to invite you to earn guaranteed returns on your trading activity, by using Rebates, up to $12 per lot to your full benefit. 

https://www.yadix.com/forex-trading-community/promotions/Instant-Rebate-Program/
 
Our Rebate Program is available on four account types and you will get paid whether you win or lose, on any symbol and instantly receive cash as soon as you close your trade!

Rebate Examples:

Trader 1: Deposited 5000 USD, traded 50 lots (EUR/USD), made profit 1000 USD and automatically received rebates of 600 USD (50*12= 600 USD). Total monthly activity:

+ Start Balance: 5000 USD
+ Trading Profit: 1000 USD
+ Rebates: 600 USD
+ End Month Balance: 6600 USD

Trader 2: Deposited 5000 USD, traded 75 lots (EUR/USD), made loss of 300 USD and automatically received rebates of 900 USD (75*12= 900 USD). Total monthly activity:

+ Start Balance: 5000 USD
+ Trading Loss: -300 USD
+ Rebates: 900 USD
+ End Month Balance: 5600 USD

We are available on WhatsApp +447585424285, so feel free to add us, or email us back so we can find the perfect program for you!

Wishing you successful trading,

David Bergman
Account Manager
Yadix Forex Broker
WhatsApp: +447585424285
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex

IMPORTANT MESSAGE - WTI OIL

Dear valued client,

The oil markets have experienced significant volatility during the past few days, and unprecedented pricing.

As an STP broker, the favourable trading conditions we are able to make available to our clients are reliant on the terms set by our liquidity providers. As such we would like to share with you important updates received this evening from our liquidity providers regarding the oil markets.

Please see below changes that will apply should specific triggers be reached:

• Should WTI ( USOUSD) trade below the price $5, clients will be able to close orders only

USOUSD Spot price is derived from a blend of front and second month futures (currently June and July respectively). As we progress towards expiry the Spot pricing is weighted more heavily to the second month, we therefore do not expect negative pricing even if the front month does turn negative near to expiry. In the unlikely event of the USOUSD prices reaching 0, the following steps will be taken:

• The forwarding of pricing/quotes with negative values will not be available to clients, this is to ensure normal functionality of the platforms

• In the unlikely event of the price reaching 0, the liquidity providers will close any open positions at the available market price at that time. Please note that the market price might be negative and so please take any necessary precautions in anticipation of such a scenario

• Pricing of USOUSD will cease. The pricing will be resumed after further review, which will be communicated separately

Due to these unprecedented measures, we would urge all clients to manage their own risks accordingly. If you have further questions, please contact our support team.

Best regards,

Yadix Support Team
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex

Covid-19 Latest Impact on China and USA!

China's economy shrank during first quarter of 2020, for the first time in decades. The world's second biggest economy reduced by 6.8% according to official data released on Friday.

This was also followed with news of a revised death toll of 1,290 in Wuhan, China, an increase of 50%.

Meanwhile, in the USA, President Trump unveiled new guidelines on Thursday designed to help states loosen social distancing restrictions, he told governors it was their decision on when and how to reopen, this is after claiming absolute authority previously.

It seems that Trump is eager to push ahead with attempts to revive the economy slowdown caused by the coronavirus pandemic. During his daily news conference, he said that the new guidelines amount to the start of the country's "rejuvenation”, but left the decision down to local governors.

The markets continue to react to daily news, optimism from the United States and negative data from China, causing many strong moves and new trends to benefit from.

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+ Review Period: 39 Days
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We are available on WhatsApp +447585424285, so feel free to add us, or email us back so we can find the perfect program for you!

Best regards,

David Bergman
Yadix Support Team
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex

April 2020 Trading Schedule

Dear valued client,

Please be informed of changes to the trading schedule for April, including the Easter holidays. Please click on the link bellow to review the trading hours schedule and familiarise yourself with the changes.

https://www.yadix.com/forex-trading-community/announcements/April-2020-Trading-Hours.pdf

We are available on WhatsApp +447585424285, so feel free to add us, or email us back so we can find the perfect program for you!

Best regards,

Yadix Support Team
Yadix Forex Broker
Telephone: +44(0) 20 3239 6117
E-mail: support@yadix.com
Skype: yadix.forex