FOREX TRADING
Institutional Variable Spreads
EURUSD 0.1 -- 1.6 Pips *
GBPUSD 0.2 -- 1.9 Pips *
USDJPY 0.3 -- 1.9 Pips *
USDCHF 0.3 -- 1.9 Pips *
EURGBP 0.6 -- 2.0 Pips *
EURCHF 0.6 -- 2.0 Pips *
EURJPY 0.6 -- 3.0 Pips *
AUDUSD 1.0 -- 3.0 Pips *
USDCAD 1.0 -- 3.0 Pips *
NZDUSD 0.8 -- 4.0 Pips *
Minimum Deposit: $ 400
Commission: US$ 0.60 / Mini-Lot / RoundTurn
Minimum Lot for STP: 0.01 Lot
Spread Padding: 0 Pips
Margin: Variable per Pair
Dealing Desk: None
Platform: MetaTrader 4
Membership Fee: $ 0
Trading Restrictions: None
* During High Liquidity ( Asian, London & New York Sessions)
DO YOU KNOW THE TRUTH ?
FACT 1
All trades are using STP Technology. There is NO DEALING DESK
FACT 2
JadeFX is an AutoTraders Members Investment club with benefits of very Low Spreads , pure institutional prices and very honest trading
FACT 3
To cover operational costs we charge a fee of 0.6 pips per Lot ( US$ 0.60 Per Mini-Lot Per RoundTurn). There is No other commissions or hidden costs. No monthly membership fee . The More volume we trade the lower our Spreads become.
FACT 4
JadeFX members do get exact institutional quotes and spreads straight from our Liquidity Providers ( Banks and Prime brokers ). JadeFX does not offer FIXED spreads
FACT 5
all the Client's deposit funds are completely segregated from Jade FX's operating accounts and Client's trading funds are held only in Institutional Brokerage Accounts by fully-regulated Liquidity Provider ( Bank or Prime Broker )
FACT 6
Fast Services to Open an Account, Deposit Funds and Withdrawals , All within 1 to 5 days depending on whether it is in US or international.
JadeFX is a Pure Straight Through Processing (STP) Brokerage with No Dealing Desk (NDD) founded by experienced Autotrader members of JadeFX Autotraders Investment Club in order to serve our club members and to get the necessary conditions required to be a successful and profitable automated trader. We were tired of dishonest brokers who nickle and dimed us for every single pip. As Autotraders , we all trade using the same price quotes and spreads as all our members. This allow us the flexibility that retail traders do not have.
Most brokers want you to believe that they are offering you the best quotes and spreads. In reality Pure institutional ( ECN / STP ) spreads are most of the time 2 pips lower than the retail spreads.Some brokers even tell you that they are using STP technology while in the real sense they have Dealing Desks to handle your orders. We tried several brokers but unfortunately they did not deliver on the promises.
Welcome to the truth of how real true autotraders do forex trading.
Successful Automated Trading : Success as an Automated trader in the forex market requires that a trader must have the following three facts to be absolutely true. First, You need real unfiltered quotes or prices that are not manipulated in anyway using excessive markups , widening of spreads , running stops or the various methods used by dishonest brokers. Second, You need Institutional spreads that are extremely tight and third, you need Flexibility to trade various trading strategies and styles of trading including Hedging and Scalping.
Real automated trading using expert advisors , automated strategies or Algorithms demand well thought out models for trading. The trading models should include: Risk Management , Trade entry and exit Strategies and Trade Execution. In reality, it does not matter how great your strategies are if your trade execution and management is less adequate.
We offer tight spreads , as low as 0.2 during high liquidity sessions in major currency pairs. In STP type of Brokerage, the minimum lot accepted directly by a bank is 10k ( 0.1 Lot ) with increments of 0.1 . So if any broker offers you Micro Accounts and 0.01 Lots then you will be trading through a Dealing Desk or A liquidity Provider Aggregation engine if you use STP or ECN. At JadeFX we don't have Dealing Desk but we offer micro lots on standard accounts using Liquidity Provider aggregation engine but do not offer micro accounts.
FOREX TRADING AT JADEFX
1. At JadeFX all the Client's deposit funds are completely segregated from Jade FX's operating accounts and Client's trading funds are held only by fully-regulated Liquidity Provider ( Bank or Prime Broker ).
2. JadeFX always offers Low or very tight institutional ( ECN ) spreads, Hedging , Scalping, Medium and Long-term trading to retail autotraders.
3. JadeFX uses STP technology and will not interfere with any trade by using dishonest methods like excessive markups , widening of spreads , running stops, delaying the quotes, smoothing or the various methods used by dishonest brokers. You always receive exactly what we receive. Simply put " NO MESSING UP or MANIPULATION"
4. At JadeFX we are always available to assist our members. Most dishonest brokers will not list or mention on their website where they are located and most of them give you virtual numbers as contact numbers and you can only contact them by email. In reality most of them do not actually exist. Here at JadeFX, we are always there to help. You can call us during trading hours from Sunday, 5:00pm (EST) through Friday, 4:30 pm (EST)
BENEFITS OF BEING A MEMBER
1. Unfiltered Prices
Why do most brokers filter or mess around with prices? Well, because they simply want to make huge unfair profits from the trader. All the traders simply want honest and fair trading. Some brokers use various unacceptable methods such as excessive widening the spreads, Spiking the prices, requoting and delaying the prices and adding hidden commissions to your spreads. At JadeFX , you get what we get because we ourselves, are also Autotraders
2. Very Low Institutional ( ECN ) Spreads
What do most brokers mean when they say they offer low spreads? Most of them mean Retail Spreads. In most cases , Retail spreads are 1 to 2 Pips Higher than the Institutional spreads. At JadeFX, we only offer institutional ( ECN ) spreads due to our collective power as a group . We don't offer FIXED spreads which most dishonest brokers claim to offer. The pure liquidity prices are not fixed, they are Variable.
3. Straight Through Processing Technology(STP)
At JadeFX, we use STP Technology for our brokerage. STP technology allows for completely direct and automatic execution of your trade at the Liquidity provider through our brokerage account without broker interference. We have "NO DEALING DESK ( NDD)" Model of brokerage and we are NOT a CounterParty to any trades. STP does allow JadeFX to be completely transparent and bear no conflicts of interest with all our member traders.
High costs in trading are due to high spreads and hidden commissions charged by brokers. In order to eliminate those high costs we offer very low institutional spreads because of our collective power , and we only charge a transparent fee of 0.6 pips per Lot ( US$ 0.60 Per Mini-Lot Per RoundTurn) as a commission to cover the operational costs. There are no restrictions and no other Charge. You can Hedge and Scalp as much as you want.