March 05, 2020
Có nhiá»u ý kiến ​​được Ä‘Æ°a ra bởi các nhà giao dịch khi chúng tôi quyết định nhà môi giá»›i ngoại hối ECN nà o là tốt nhất. Tuy nhiên, dá»±a trên kinh nghiệm của chúng tôi, không ai có thể là nhà môi giá»›i tốt nhất bởi vì nhà môi giá»›i tốt nhất cho má»™t nhà giao dịch phụ thuá»™c rất nhiá»u và o quốc gia mà nhà giao dịch Ä‘ang sống và cả chiến lược giao dịch của anh ấy / cô ấy. Ngay cả khi chúng tôi tuyên bố rằng các nhà môi giá»›i từ Hoa Kỳ (Hoa Kỳ) và VÆ°Æ¡ng quốc Anh (Anh) là những ngÆ°á»i đáng tin cáºy nhất, các nhà môi giá»›i SÃp thÆ°á»ng cung cấp các Ä‘iá»u kiện giao dịch tốt hÆ¡n nhÆ° chênh lệch thấp hÆ¡n và hoa hồng, biên Ä‘á»™ thấp hÆ¡n, ná»n tảng giao dịch và hệ thống thanh toán tốt hÆ¡n, v.v. Äừng quá lo lắng nếu không có tiêu chuẩn hoà n chỉnh để xác định nhà môi giá»›i tốt nhất, tôi sẽ chia sẻ vá»›i bạn má»™t số bà máºt giúp bạn xác định nhà môi giá»›i tốt nhất cho Ä‘iá»u kiện giao dịch của mình. Tuy nhiên, trong bà i viết nà y, tôi chỉ táºp trung và o ba tiêu chuẩn, đó là : đáng tin cáºy, hệ thống thanh toán tốt, dịch vụ khách hà ng táºn tâm. Nếu bạn muốn Ä‘á»c vá» phần còn lại của những bà máºt của tôi, vui lòng truy cáºp liên kết nà y.
Äá»c thêm: Các khÃa cạnh của top 5 nhà môi giá»›i ngoại hối thấp nhất
Và tôi cÅ©ng giá»›i thiệu 5 nhà môi giá»›i ECN hà ng đầu Ä‘ang nắm giữ cả ba bà máºt được liệt kê dÆ°á»›i đây:
Exness.com 8/10
FxPro.com 7.5 / 10
XM.com 7.5 / 10
ICmarkets.com 7/10
FXTM.com 6.5 / 10
Các nhà môi giá»›i ECN tốt nhất đáng tin cáºy hÆ¡n
Giấy phép
Giấy phép được cấp bởi các tổ chức đáng tin cáºy. Các tổ chức nà y có má»™t số tiêu chuẩn và các nhà môi giá»›i phải được kiểm tra trÆ°á»›c khi há» có được giấy phép. NhÆ°ng có nhiá»u giấy phép có nghÄ©a là đáng tin cáºy và có lợi hÆ¡n không? Câu trả lá»i là không. Bởi vì nhiá»u giấy phép đòi há»i nhiá»u phà hÆ¡n để trả cho các tổ chức hoặc cho bảo hiểm để há» có thể cung cấp phà hoa hồng thấp hoặc chênh lệch vì há» cần Ä‘iá»u đó cho thu nháºp. Giống nhÆ° các nhà môi giá»›i ở Mỹ hoặc Anh, há» sở hữu rất nhiá»u giấy phép và điá»u đó khiến há» gặp má»™t số hạn chế. Trong khi đó, Exness, FxPro hoặc XM, há» chỉ cần má»™t hoặc hai giấy phép đáng tin cáºy để xác định danh tiếng của mình và có được sá»± tin tưởng từ các nhà giao dịch. Do đó, má»™t và chứng chỉ đáng tin cáºy là má»™t ý tưởng tốt.
Khối lượng giao dịch
Số tiá»n được giao dịch hà ng tháng có thể nói lên rất nhiá»u vá» uy tÃn và uy tÃn của ngÆ°á»i môi giá»›i. Khối lượng giao dịch lá»›n hÆ¡n có nghÄ©a là hỠđáng tin cáºy và nhiá»u nhà giao dịch đã là m việc vá»›i há». Há» có nhiá»u tiá»n hÆ¡n và sẽ cứu khách hà ng khá»i những tình huống rủi ro. Có má»™t số nhà môi giá»›i ECN đáng tin cáºy có khối lượng giao dịch khổng lồ trong tháng:
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Exness: $ 400 tá»· hà ng tháng - lá»›n nhất trên thị trÆ°á»ng
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XM: 300 tỷ đô la hà ng tháng
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FxPro: 100 tỷ đô la hà ng tháng.
Tóm tắt lịch sỠvà lừa đảo
Các nhà môi giá»›i ECN hà ng đầu đã được Ä‘iá»u hà nh trong má»™t thá»i gian dà i trÆ°á»›c đây và không có tóm tắt cho các trò gian láºn. Há» minh bạch và có má»i thứ hiển thị trên trang web. NhÆ°ng, ngÆ°á»i má»›i bắt đầu đôi khi có thể nhầm lẫn vá» các vấn Ä‘á» vá» dừng lá»—. Há» có thể quan tâm vá» Ä‘iá»u nà y bởi vì há» không hiểu rõ vá» vị trà mua và bán khi giao dịch.
Chi phà giao dịch thấp
Mức độ lây lan và hoa hồng thấp
Giống nhÆ° tôi đã nói trÆ°á»›c đây, các nhà môi giá»›i của Hoa Kỳ và VÆ°Æ¡ng quốc Anh không thể cung cấp phà thấp cho hoa hồng hoặc chênh lệch vì há» có nhiá»u giấy phép hÆ¡n và yêu cầu nhiá»u phà hÆ¡n cho việc nà y. Chẳng hạn, Forex.com và FXCM yêu cầu các nhà giao dịch cho gần 1,7-2 pip vá»›i mức chênh lệch và tháºm chà là 6-7 đô la phÃ. So sánh vá»›i các nhà môi giá»›i ECN khác nhÆ° Exness, há» tÃnh phà cho các nhà giao dịch chỉ 0,0xx pip cho chênh lệch và vá»›i má»—i lô được giao dịch, khách hà ng chỉ cần trả 5 đô la cho phà hoa hồng. Exness tháºm chà cung cấp tá»· lệ lây lan bằng không khi không có thay đổi hoặc tai nạn bất ngá»
Hệ thống thanh toán thuáºn tiện và tiá»n gá»i hợp lý
Các hệ thống thanh toán của Hoa Kỳ hoặc VÆ°Æ¡ng quốc Anh là tuyệt vá»i. NhÆ°ng đó là khi há» phục vụ khách hà ng địa phÆ°Æ¡ng. Nếu bạn đến từ các khu vá»±c khác, bạn phải trả nhiá»u tiá»n hÆ¡n để đảm bảo các khoản đầu tÆ° của bạn được an toà n và bảo đảm. ThÆ°Æ¡ng nhân cần các nhà môi giá»›i có thể phục vụ há» vá» kinh tế và hiệu quả. Hệ thống thanh toán nên được đặt tại địa phÆ°Æ¡ng để thÆ°Æ¡ng nhân có thể giao dịch dá»… dà ng. Exness là má»™t trong những nhà môi giá»›i có hệ thống thanh toán được xây dá»±ng hoà n hảo. Há» có dịch vụ thanh toán ở hầu hết các quốc gia mà há» có thÆ°Æ¡ng nhân. Vì váºy, việc chuyển tiá»n sẽ không mất nhiá»u giá» hoặc nhiá»u ngà y mà chỉ mất và i phút hoặc và i giây để rút tiá»n.
Tháºm chÃ, Exness còn có các hệ thống thanh toán tá»± Ä‘á»™ng sá» dụng máy để đếm và xá» lý má»i thứ nên rất nhanh cho quá trình thanh toán. ThÆ°Æ¡ng nhân tháºm chà không trả phà và các bÆ°á»›c cÅ©ng Ä‘Æ¡n giản. ThÆ°Æ¡ng nhân chỉ cần đảm bảo số ID và thông tin rút tiá»n của há» khá»›p. Bên cạnh đó, tiá»n thanh toán được đặt trong rất nhiá»u ứng dụng cho các nhà giao dịch nhÆ° và điện tá» và ngân hà ng ...
Äá»c thêm vá»: đánh giá exness 2020
Khoản tiá»n gá»i được quan tâm nhiá»u hÆ¡n khi giao dịch vá»›i các nhà môi giá»›i Hoa Kỳ và VÆ°Æ¡ng quốc Anh vì há» yêu cầu các nhà giao dịch từ các quốc gia khác phải trả 1,7 - 4% Thẻ tÃn dụng khi há» muốn mở tà i khoản nhÆ°ng tháºt vô lý vì há» chỉ lấy lại 5% từ việc nà y cho má»—i tháng.
Các hỗ trợ cho khách hà ng là rất tốt
Äối vá»›i ngÆ°á»i má»›i bắt đầu, sá»± há»— trợ và lá»i khuyên từ các nhà môi giá»›i đặc biệt quan trá»ng vì forex hoà n toà n phức tạp. Äôi khi, để bắt đầu mở má»™t tà i khoản, các nhà giao dịch sẽ cần má»™t số trợ giúp từ các nhà môi giá»›i. NhÆ°ng, vẫn còn má»™t số vấn Ä‘á» phổ biến ngăn há» tiếp xúc vá»›i các nhà môi giá»›i. Há» là thá»i gian và ngôn ngữ. Các nhà môi giá»›i ECN được xếp hạng hà ng đầu có khách hà ng từ nhiá»u quốc gia khác nhau nhÆ° Trung Quốc, Thái Lan, Indonesia, Nam Phi, Malaysia, Việt Nam, Iran, Nga ... và há» có văn phòng tại các quốc gia nà y và khung thá»i gian là m việc của há» là hoà n hảo. Há» mở văn phòng 24/7 và tháºm chà há» còn trang bị trò chuyện trá»±c tiếp cho khách hà ng từ các quốc gia mà há» không có văn phòng. Trong trÆ°á»ng hợp ngôn ngữ, có những nhà môi giá»›i có thể giao tiếp vá»›i 20 ngôn ngữ khác nhau. Và dụ: Exness phục vụ 13 ngôn ngữ và dịch vụ mở 24/7, XM có 30 ngôn ngữ để há»— trợ và FxPro vá»›i 19 ngôn ngữ và cÅ©ng hoạt Ä‘á»™ng trong khung 24/7.
Các nhà môi giới được xếp hạng hà ng đầu có báo giá ổn định hơn
Tôi đã thá»±c hiện má»™t cuá»™c khảo sát vá»›i câu há»i vá» loại tà i khoản Forex nà o mà các nhà giao dịch nghÄ© là tốt nhất để giao dịch. Kết quả cho thấy các nhà môi giá»›i ECN được Æ°a thÃch. NhÆ°ng trên thá»±c tế, có 80% tà i khoản MM hoặc STP. Äiá»u gì đã gây ra Ä‘iá»u ngược lại? Äó là bởi vì các nhà môi giá»›i ECN báo giá không ổn định. Há» là m việc rá»™ng rãi hÆ¡n và má»i ngÆ°á»i cố gắng lừa dối nhau. Vì váºy, kết quả là các nhà môi giá»›i ECN tháºm chà có Ä‘á»™ trượt cao, nhiá»u lá»—i không có trÃch dẫn và khoảng trống. Äó là lý do tại sao các nhà giao dịch muốn là m việc vá»›i các nhà cung cấp báo giá Ãt rủi ro hÆ¡n.
Tuy nhiên, các nhà môi giá»›i ECN hà ng đầu có má»™t giải pháp tuyệt vá»i cho vấn Ä‘á» nà y. Há» biết rằng các nhà cung cấp thanh khoản được cho là có uy tÃn hÆ¡n và đưa ra báo giá ổn định hÆ¡n. Trên thá»±c tế, các nhà cung cấp lá»›n nà y tá»± Ä‘Æ°a ra các báo giá và điá»u đó tháºm chà còn rủi ro và không ổn định hÆ¡n. Các nhà môi giá»›i ECN nhÆ° Exness hoặc FxPro chá»n kết hợp tất cả các báo giá từ các nhà cung cấp thanh khoản sau đó cung cấp cho các nhà giao dịch để nếu có bất kỳ tai nạn nà o há» có thể có nhiá»u lá»±a chá»n hÆ¡n và báo giá thay thế. Äiá»u đó có nghÄ©a là sẽ không có Ä‘á»™ trượt cao hÆ¡n, lá»—i không có trÃch dẫn hoặc khoảng trống. Äó là tuyệt vá»i.
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October 27, 2018
Most of the beginners in forex trading just become too confident just because they earn so much money from the demo, that leads them to believe they are gifted by some gods and able to get a lot of money in real trade. The fact is so cruel that they even don’t know about the differences between the real and the demo account. Therefore, the actual meaning of that advice is that after a few months trying to practice with the demo, they need to restart everything again with the real. Of course, it also means that it will take you a lot of time and money again. So truly with this newbie, the time they use to learn with the real account will last more just because they had a wrong way to approach.
Exness Cent account
In my viewpoint, right now I will tell you about how to start the forex trading with a right way to approach that is using the real account already at the first time you trade. For some reasons, I believe that the best real account of trading for newbie belongs to Cent account because:
– First of all, it is a real account. That means you are having your trade in real conditions of trading such as real prices, realspread, slippage, real volatility… It also means if you win when using your Cent account, another type of real account will be an easy challenge for you.
– Secondly, this also provides an environment that is suitable for you to train your discipline. For example, let suppose that if you have no idea about managing your risks you will receive all losses automatically.
– Moreover, this account also is the best for new guys if you are using Dollars. That means you can send $ 10 and get 1000 USC in your account. With 1000 USC, it means a small investment for you to be able to practice trading many times. Furthermore, you can deposit and withdraw at any time with this account. You can lose all your $ 10 deposit. But only $ 10, enough to train for a whole month. This cost can help you a lot when practice trading in real conditions. Not just that one more benefit that you will get when using a real account is that you will learn faster when trading with your real money.
The reason why the best account for forex trading beginners should be Exness Cent.
Normally, major foreign exchange brokers do not provide theseaccounts, only small brokers need. As I have taught you before, the larger brokers the better trading conditions and of course the more reliable they are. However, Exness is definitely different from the others. Even one of the largest forex retailers on earth, who still offers Cent accounts. You can check their transaction volume here.
You also need to take note that Deloitte audited their report, which is the most popular audit company in the world. So, they are trustworthy for you to believe.
We both know that newbie is not their main target, so the number of orders are limited, but still enough for you to practice 1-2 months with the best trading conditions and good brokerage. Below is the list of reasons why this account is good:
–First of all: It is the biggest. That means they have the best fame.
– Second, the minimum deposit is not existed with Exness Cent account. That means you are able to deposit as low as possible you can. This is a very important thing because most beginners don’t have any idea about depositing.
– Third, positions that you are able to open as low as you possibly can, and that is the lowest value minimum that you can know. The lower the value, the better, because you are a novice, so of course the odds of losing more than 90%. Another purpose is to practice. As a result, the lower the value, the more you can order.
– Fourth, the highest leverage is provided by the Cent account. Therefore, you can get more free profits to open your orders more.
– Fifth, you can send money and withdraw money from your Cent account via local payment or bank immediately. It is so simple, convenient and easy. Because of a novice, you are, so the easier, the better.
– Finally, you will get some support services in the language field, which is really necessary for a newbie. Foreign exchange trading is complicated. I am so sure that you already have a lot of questions that need some help fromExnesssupport services. Their services also exist in many countries ​​such as Thailand, China, Vietnam, Malaysia, Vietnam, Iran, Saudi Arabia, and English speaking countries ... And if you are able to speak these languages, it will be very convenient for you
The way to sign up for Exness Cent account
To register an account, you must provide at least one email and a phone number. And these steps are very simple and easy so that you only need just less than a minute to finish all the registration.
Read more HOW CAN NEW TRADERS FIND PERFECT FOREX BROKERS?
Hey there, You can research many things about forex in this site: https://www.bestbrokerslist.net/
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October 23, 2018
To make it clearer, I will show you a list of three best forex brokers for beginners.
XM.com: 9/10
Exness.com: 9/10
FBS.com: 8/10
I believe that knowing some certain factors before trading is really essential. In order to make sure that we all understand about these sides, I will provide you some valuable information. CHECK IT HERE TO SEEBEST FOREX BROKERS.
1.Misunderstandings of new traders:
New traders tend to think that forex demo account will be really helpful for them, which is a serious concept. From my own experience, Cent account is the one that forex beginners can benefit a lot from. In addition, it is also the perfect account for new traders. If we choose demo accounts, it can be a serious mistake. It is because you might be able to struggle with a wide range of perplexed problems. Moreover, if you are experts, ECN account is the best option. On the other hand, you should stay away from this type of account, if you are new traders. In fact, this sort of account is really volatile because it has a lot of slippages and gaps. Due to the fact that I am a former staff of brokers in the past, I thus understand these matters. It is estimated that 95% new traders will lose their money at the beginning. Therefore, you should not pour a great deal of money at your first trading. Indeed, the majority of small traders often lose their money when they keep profit with the rate of over 10%. To my mind, it is good for them to keep the profit around 3 or 5% monthly. The number of traders opens many positions within the new release time because of the misunderstanding about trading and news. In one word, this idea is totally wrong because experienced forex traders will never trade in new release time.
2.Wrong perception about the perfect brokers for new traders.
At the beginning of breaking into forex market, there was a misconception that I should opt for best forex brokers. In reality, when I came to these brokers, my money seems to be evaporated in a short time. Therefore, I escaped those brokers, and choose other suited ones. It is hard for people to know the definition of best forex brokers. In order to go for suitable forex brokers, you should determine exactly your trading methods, experiences, and country trading conditions. In my point of view, this is an initial step which can help you to shape your trading strategies. In one word, you maybe lose your money at any times. As a great result, you should have a through insight into knowing some basic things about brokers, and learn a lot of things from your own mistakes.
3.Some certain criteria of the perfect brokers for beginners in forex market.
Admittedly, choosing impeccable brokers is sometimes difficult. When you trade with forex brokers at the beginning. We need to know that this is a good step for you at the beginning. In my opinion, it is considered as an essential step because it enables you to have a good understanding about brokers. Therefore, what we need to prepare something beforehand is to grasp some basic standards of perfect forex brokers.
Here are some important criteria of perfect forex brokers that we all should focus on.
-Low deposit requirements.
-Small trading lot requirements.
-Easy.
-Good local support.
-Trusted brokers.
-Good training and coaching programs.
Low deposit:
For experienced traders, they have an inclination to care about some aspects of brokers such as credit, trading cost, and quotes quality. On the other hand, new traders are not regarded as good victims of some scam brokers. In fact, brokers will lay down some strategies to allure these new traders. For example, they will rear these traders by supporting them a variety of good trading conditions. Therefore, I am sure that you should not deposit more than $100 in this phase of trading (3 months) because you trade a little money.
Why is small trading lot important?
A vitally important step that you should know is to open positions as small as possible at the beginning. Normally, the standard lot is around 100,000 US. This is a big disadvantage for traders because of its big value. However, many brokers, who offer Micro accounts, are suitable for traders because traders will be able to open positions as small as 0.00001 Lot USD. They are XM, Exness and FBS who also offer Cent accounts that minimum lot trade is only 0.0001 Lot USD.
In fact, if you trade with Micro or Cent accounts, you must deposit $10 for your entire month. More importantly, if you win your money, you can withdraw it immediately.
Why "Easy†is vitally important for new traders?
At the first step of trading, I am sure that forex beginners have to struggle with many tough times because of the complexity of forex market. What you need to do is to prepare good schemes which allow new traders to understand easily about this market. As a result, I will give some tips that are helpful for all new traders when trading at the beginning.
-Choosing easiest brokers is always a good choice for traders because they can capture some information and trading strategies easily.
- At the beginning, we should trade by web trade/web terminal and then MT4/MT5.
- At the beginning, it is advisable for new traders to deposit by Visa/Master.
Why do new traders need to have good local supports?
To my mind, choosing brokers who are always willing to help us in some urgent situations is a smart option. As aforementioned information, forex market is really complicated, traders thus need to receive supports from their broker at any time. Most importantly, at my first trade, I had to deal with many different problems such as login, installing MT4, 3D security of Credit Card. Hence, a good option is to opt for local supporters who can help you to tackle these problems.
Read more DISCOVER THE SECRETS OF BEST FOREX WELCOME BONUSES
Reliable brokers
It is evident that the majority of experienced traders always go for reliable brokers. On the other hand, it is good for new traders to have a transaction with trustworthy broker, but it is not an essential thing. In reality, forex beginners only deposit ten dollars, brokers thus do not aim at these traders. From my viewpoint, new traders should choose brokers that they feel comfortable and easy. This is only the first step that you can make use of with a view to accumulating your experience and knowledge-related matters.
Good training and coaching programs are two important factors.
It is widely perceived that we should learn as many good things as possible at the beginning. Hence, you should not deposit a big amount of your money at the beginning when brokers are not listed in the top of trusted forex brokers in 2018. You can also register accounts and deposit a little.
4.The list of 3 best forex brokers for new traders.
XM.com: 9/10
Exness.com: 8.5/10
FBS.com: 8/10
Making a careful decision is good step before trading with someone. In terms of these three forex brokers, XM and Exness are listed in the top largest forex brokers, who are certainly reliable.Exnessis always a good choice for many traders, especially new ones because they are the biggest retail forex broker. Exness is also offer Cent account which you can open as small position as 0.0001 USD. In addition, they always support you at any time when you have problems, and supply payment systems as well. CLICK HERE TO SEETOP FOREX BROKERS.
5.Should beginners take part in demo contest for practicing?
It is a very common thing that new traders rarely win the demo contest. Many forex beginners often thought that they can win this contest, it is a wrong idea. In recent times, I did a lot of surveys that Chinese, Thai and Indonesian are always winners. It is because their benefits rate are over 10,000%, which leads to the fact that they will tap into robot trading to win. In my opinion, a good choice is that we need to neglect this contest because it is not for new traders.
6.Should forex beginners get welcome bonus?
It is advantageous for new traders to get welcome bonus but sometimes we do not need it. My view is that it is an onerous task for us to collect our profit or withdraw our money. Hence, I strongly believe that forex beginners can choose brokers who do not offer welcome bonus. In fact, the easiest part of this is to register welcome bonuses.
7.Some useful advices for forex beginners:
It would be a good step for you to trade Micro/Cent account. However, you should not deposit a big amount of money for the first month. If you lose your money, you can learn many valuable lessons from it. The multitude of new traders are often attracted by many sweet promises of brokers that they should deposit a great deal of money. In fact, we should follow whatever they promise.
In addition to this, we also need to pay much attention to the use of robot trading. The number of forex beginners think that they will have many benefits from using robot trading. In reality, robot trading is for experienced traders because they want to make use of these robots to follow their trading strategies, and they have to adjust them regularly.
I hope that through this article you can grasp some important details that you can determine exactly what you need to do before trading with any broker. In order to opt for an appropriate brokers, we must pay careful attention to many different aspects.
Hey there, this is Fanara Filippo. I'm the author of this article and i'm currently collaborating with Brokerreview.net, or BRKV in short. My articles are mainly for forex traders from Thailand, Indonesia, India, Bangladesh, and South Africa.
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October 20, 2018
Nowadays, there are a lot of best forex brokers who offer many attractive welcome bonus programs aimed at new comers or inexperienced traders in the forex market. As usual, they give you from $30 to $50 dollars when opening an account in the first times. For this bonus, new brokers can use for practicing with real account, saving the trading cost or withdrawal. However, some professional traders are almost uninterested in the welcome bonus because they are so small compared to their income. What are they interested in are reputable brokers for them to load in tens of thousands of dollars or not? Is the high spread? Fast trading?
We will synthesize the welcome bonuses of the famous forex broker in the market for you consider and select. For new traders, please don’t forget to create a Cent account and then load into the transaction for more safe and effective.
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Review 3 brokers with the most outstanding forex bonus.
Currently, it's not hard to figure out the welcome bonus program. However, there are three names most prominent appearance and should be mentioned. Here is list:
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XM
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FBS
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FXTM
It's my considered opinion thatI prefer XM because not only their welcome bonus program is excellent, but also they offer a 100% bonus on new deposition.
Click here to reviewbest account for beginners.
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Standards of good forex welcome bonuses
Below are my 3 common standards when it comes to choosing a broker based on their bonus programs:
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High welcome bonus value
The basic thing is that no one loves some small bonuses instead of some big bonuses so the bonus value is as good as possible. In the foreign exchange market today, it can be said no one over the FBS since they offer the highest attainable welcome bonus amount which is $123, while XM and FXTM offer relatively the same amount of welcome bonus which is around $30.
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Reliable forex brokers
Although the second, but not least. You need to make sure you are dealing with a reliable broker rather than an easy broker to steal your money anytime, or be a scammer. I take the view that XM to be the best in term of reliability and transparency.
You can learn more about scam of other brokerhere.
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Easy withdrawal conditions
To ensure that transactions are not affected by fraudulent factors as well as the interests of brokers. That is the reason why most brokers offer strict withdrawal conditions such as the minimum lot traded requirement In fact, you can’t really withdraw your welcome bonus directly but you can still withdraw the profits gained from trading with the bonus money. More specific are as follow:
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XMby far has the fairest withdrawal condition. Traders who do business with XM only need to complete 0.1 lot to be able to withdraw bonus profits.
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FXTMrequire 1 lot to be able to withdraw profits.
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FBShas 123 bonus programs, with the maximum welcome bonus being $123. The highest profit that you can withdraw for each lot traded is $3.
For example: if you gained $60 profits from 7 days of trading. In order to withdraw all that profits, you’d need to have traded at least 20 lots.
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How about other types of bonuses?
Beside welcome bonus, there are many types of bonuses that we can use during your trading process. Here is some:
Deposit Bonusis the bonus that you can get when you deposit. So if you want to get more money you only need to deposit more deposit
Lot back bonus/Loyalty bonus:is the bonus program which suitable for experienced traders prefer since the program automatically rebates a part of a whole of your every transaction to your account.
For example: For the couple currency EUR/USD, XM’s spread is 1.4 pip and the rebate amount are $3 for each trading lot completed. It means you only need to pay $11 for each EUR/USD lot instead of $14 of the original spread.
From my experience, I can show you top 4 highlighted forex bonus in 2018
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Best welcome bonus - XM: 30$ welcome bonus >>See more detailhere
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Best welcome bonus - FBS: 50$ welcome bonus >>See more detailhere
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Best deposit bonus - XM: 100% deposit bonus >>See more detailhere
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Lot Back Bonuses - Exness: Rebate 2 – 16$ per lot >>See more detailhere
4. Tips to get more bonus amount.
Here are some tips that you can apply to earn more bonuses. Note that these methods only apply to the welcome bonus
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We advise for broker who have high leverages. First, you have to create new account as much as possible to get the welcome bonus then you need to take advantage of the high leverages to open very big positions
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This method is only apply for brokers with loose withdrawal policies. The same as the first methods for creating many new account. After that you must hedge two newly created account. This means that have a chance to get win rate up to 50%.
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October 18, 2018
Today, I have shortened from the list of many brokers in forex market at the moment to top 5 who provide the least spread.
The five are:
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Exness.com
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Hotforex.com
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FBS.com
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XM.com
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FxPro.com
Maybe you know some others with even lower spread. But I did not choose any of them without reasons.
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The list is for scalpers
Only scalpers need low spread. Scalpers are trader who trade with an account for a short time and soon close it. Unlike long term investors, they do not have to pay swap but pay in spread or commission. They can only earn some pips per order and the less spread is, the more they could keep for themselves.
Read more DETAILS ABOUT THE BEST FOREX CONTESTS
If you are about to invest for long time, no need to look at the list. You had better find the most reliable and the best in thislistto trade with.
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The list is non-ECNs only
In forex, there are many brokers which are divided into 3 types: Market maker, STP and các sà n giao dịch ECN. Among these, the final doesn’t charge clients by spread. Bank’s quotes to Market maker and STP brokers will be added up a bit (or Mash Up) and offered to traders. The difference of original quotes and final quotes is profited by those traders. Besides, they won’t charge you other transaction fee.
ECN would give you the original quotes which they get from the bank, therefore, their spreads are usually low, sometimes zero. However, those brokers will charge you commission for trading you made.
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The list is for many traders on earth.
There’s a truth that you should have known. You cannot trade well with a distanced broker. My advice for my friend or any people who just came to the game is trading with local brokers.
Forex is like business and you trade with risk of loss and liars. Local brokers are regulated and licensed by local authorities, they will protect you the best.
For example, if you are Chinese, you should trade with Exness instead of XM. Exness has website and 24/7 live support in Chinese, you have their assistance any time. Moreover, Exness uses regulations of CySEC, it’s all trustworthy system and able to protect you from expected loss.
You can find detail about Exness commission and spread here.
On the other hand, XM in general offer higher spreads but XM is regulated by one of the most reliable system on earth, the FCA (UK). XM targets at European people so it lays offices and a perfect payment system there. We should know that paying for regulation cost a lot and some European policy do not allow high leverage, thus, these brokers quoted higher spreads.
You can read more about XM spread review here.
Other spreads for your reference:
Broker Name |
EUR/USD spread |
Regulation |
Exness |
0.7 Pip (Classic account) |
CySEC, FCA |
Hotforex |
1.1 Pip (Premium account) |
Vincent |
FBS |
1.1 Pip (Standard account) |
Belize |
XM |
1.7 Pips (Zero account) |
FCA (UK) |
FXTM |
1.7 Pips (Standard account) |
Belize |
Forex.com |
1.8 Pips |
NFA (US) |
FxPro |
1.7 Pips |
FCA (UK) |
In my opinion, you can sum it up as following:
Exness is the best for Asian scalpers due to its lowest spreads among the non-ECN brokers and it policy for new traders are more supportive than other brokers.
XM and FxPro are the best choice for Africa traders because of the FCA regulations, It’s also good for Europeans, so does Exness.
To US traders, I would like to recommend nothing than the Forex.com, even its spreads is the highest of the list, but for US regulated brokers, it’s still the least.
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They are not only brokers with lowest spread but the best ones
For many brokers, they do not trade by an only way. In fact, a broker can charge commission or spreads or both, and for spreads, they also offer different types of spreads (such as fixed spread, variable spread,) so customers can choose the best way to do the business.
They are all the best brokers all around the world that I recommended you to trade with, instead of the other. There are more reasons to choose a broker such as: reputation, scam reports, customer services, payment systems, trading types… and spread is just one of those.
For example, Exness and XM have been established for almost ten years with network all over the world. There’s no scam reports you can find about them. So even you are long term investors or a new man just want to five forex a try, Exness or XM is still suitable. They even have a program for anyone who want to practice trading. Read more about best forex broker 2018
In summary, it’s not difficult to list top lowest spread brokers. You might just need to go on their website or do some orders. However, not every of them is the best to trade with. Everything to brokers matters to your profit and rights. No matter how long you trade, a trustworthy broker should be selected.
Hey there, this is Fanara Filippo. I'm the author of this article and i'm currently collaborating with Brokerreview.net, or BRKV in short. My articles are mainly for forex traders from Thailand, Indonesia, India, Bangladesh, and South Africa.
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October 12, 2018
In this article, I will make a comparison of those factors of the top largest brokers. Here I just mention best forex brokers because like trading, joining a forex contest will be safer if we can work withTHE BEST FOREX BROKERS. Today, I am going to compare Exness, FXTM and FBS whose current contests are Exness Forex World Cup 2018, FXTM Titans, and FBS Pro. Moreover, after the comparison, I will also give you some advices that I’m sure you’ll need in these best forex contests.
1. PRIZE:
Exness total prize is the largest which is up to $120,000 for 12 rounds; they hence reward $10,000 per round. For FXTM, their total prize is only $40,000 for 4 rounds, meaning one third of that, so the prize for each round is the same as Exness. Whereas the first prize of each round of Exness is only $3000, that of FXTM is $5000. FBS has the smallest prize which is $1,000 as their contest is monthly. So their first prize is just $450.
Let’s look at the table below for more details.
Broker’s name |
Number of rounds |
Detailed prizes for each round |
Exness |
12 |
1stplace - $3000 2ndplace - $2000 3rdplace - $1000 4thand 5thplace - $500 |
FXTM |
4 |
1stplace - $5000 2ndplace - $2500 3rdplace - $1200 4thplace - $800 5thplace - $500 |
FBS |
1 |
1stplace - $450 2ndplace - $250 3rdplace - $150 4thplace - $100 5thplace - $50 |
2. RULES:
For these contests, the rules are not very strict. As they are demo trading contests, you just need to open a demo account in the registration period to take part in the competition.
When you enter the contests, each broker will offer you a different amount of money. For instance, FXTM: $100,000, FBS: $10,000 and Exness: $1,000. However, such amount of money is not critical as the elements deciding the winner among these three brokers are not the same. For FXTM, it is the ratio of profits calculated as follow: [Net Profits ÷ 100000] x 100 = XX.XX%. In the event that two contestants have the same ratio, the winner will be the one with the smallest drawdown – how much your fund decreases after reaching the highest peak. So if they still have the same result, what happens? In such case, the first prize will be shared equally for both contestants. For Exness and FBS, the factors used to decide the winner are the same and simpler. The winner is the one making the most during the contest period.
Besides, the leverages applied for the contests are also different among these brokers. For example, Exness - best leverage: 1:2000, FXTM: 1:500 and FBS: 1:100.
Other miscellaneous rules:
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One contestant can only open and trade with one demo account in the competition.
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Contestants can only make profit from the initial amount of money provided by brokers.
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After completing the contest, winners have 5 business days to reply the email about the prize receiving from brokers. Not replying means the prize will be cancelled.
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If there are any arguments, brokers will have the final voice.
3. POINT OF FOREX CONTESTS:
It’s not by chance that these brokers host a contest which you can join freely and win big money. They want new traders to experience their best trading conditions. From that, they can attract a great number of new forex traders.
According to my experience, I advise new traders not to pay much attention to these contests. I agree that the prizes are attractive, but participating in one or two contests is enough. As the main goal of the brokers is to attract new traders, the trading conditions of these contests seem to be really amazing. But in reality, they are not that easy. Moreover, experienced traders also join these competitions to make more money. This means the chance for new traders to win those experts is nearly zero.
So to sum up, you can take part in these contests to experience and know how these brokers work. Don’t pay much attention to it until you have traded forex for a long time and have confidence in yourself.
4. ADVISES:
After trading for a long time with various brokers, I’ve finally accumulated some tips when entering into forex contests.
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Ignore risk management
As you are trading demo accounts, there is no risk. In forex contests, the profit rate is too low. If you want to win, your profitable rate must be around 10,000%. That’s why you can ignore risk management.
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Make multiple accounts
Just create as many accounts as possible because you are free to take part in forex contests, why don’t you increase your chance of winning?
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Notice volatile times
Instead of spending all your time on these contests, you ought to anticipate volatile times such as news release in order to move. Doing that can make you win a lot or lose everything. However, in case you lose all, it’s still good because it doesn’t take you too much time for these contests.
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Use your trading bots
As making a profit rate of 10,000% requires all day and all night trading which no one can get such time, using a trading bot is a good idea. It will take care of all the work for you.
Following is the list of current best forex contests which you can consult.
FXTM Titans
Exness World Cup Contest
FBS Pro
Read more Features and Characteristics of The Best Forex Brokers 2018
Hey there, this is Fanara Filippo. I'm the author of this article and i'm currently collaborating with Brokerreview.net, or BRKV in short. My articles are mainly for forex traders from Thailand, Indonesia, India, Bangladesh, and South Africa.
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October 09, 2018
From my point of view, good forex brokers are the ones who offer great customer service, good tools and favored trading conditions. Besides, their security, transparency and reputation are vital elements to pay attention to. I will pick some familiar forex brokers in the Asian market to explain their features and characteristics. These brokers include Exness, FxPro, Hot Forex, XM, and FBS.
Positive Reputation
The reputation of a forex broker depends on many things. I only love to trade with a broker that guarantees three following elements.
A broker with trusted license
As I observe, good and reliable brokers often own trusted licenses. These licenses should be certified from well-known and reliable organizations. They can be FSA (Japan),CySEC(Cyprus), ASIC (Australia), NFA (United States), CFTC (United States), and FCA (United Kingdom). A license can present the standards, capabilities and reputation of a broker. However, it can limit a trader’s benefits because that broker has to pay fee to the regulation organizations.
A broker with transparent and detailed information
Accuracy and transparency of a broker are what traders have to put in consideration. In this field, I only choose brokers that are audited by big and reliable accounting companies, for example, EY, PWC, KPMG and Deloitte. To confirm if the broker is reliable, I also check their personal data on their main websites. I recognize that Exness and FxPro are top forex brokers with highly valued transparency. They make public all their financial statements and information. Exness even reveals their amounts of money in the bank. So if you’re interested in trading with these brokers, you won’t be worry about cheating or scamming.
Read more Top 5 best ECN forex brokers reviewed 2018
A broker with high search traffic
Search traffic is one more thing that has helped me evaluate the reputation of a broker. In this aspect, I highly recommend brokers with high and positive search traffic. Personally, I think good forex brokers are most commonly searched on the Internet. From my ranking, the top forex brokers with highest search traffic is:
FBS: 30,000 search per month
Exness: 36,000 search per month
XM: 40,000 search per month
Good Trading Volume
The number of traders who have been trading with a broker is referred to as the trading volume. To my mind, good forex brokers often have high trading volume. The higher their trading volume is, the more trusted they are. Personally, I only trust top forex brokers with millions or thousands of traders. They are Exness, Forex.com and FXCM. Here are their monthly trading volume.
FXCM: $108 billion per month
Forex.com: $185 billion per month
Hot Forex: $280 billion per month
Exness: $323 billion per month
Low Minimum Deposit
Beginners love brokers with low minimum deposit. Because new traders often lose all their money when starting, they don’t want to deposit too much. Top forex brokers with low minimum deposit for small traders are Hot Forex ($5) and Exness and FBS (only $1 minimum). But for experienced traders, they can be well-informed about this market and they love earning more. Therefore, they choose big brokers with higher minimum deposit, such as FXCM ($2000) or Forex.com ($500).
Low Commission
Brokers benefit from spreads and commissions. These things can vary, depending on the type of your account. There are many different account types in the forex market. Regular accounts often have no commission. But for ECN accounts, because there is no spread offered, traders have to pay commission. Big and professional traders often prefer to use ECN accounts. As I see it, Exness is one of top forex brokers that charge very low commission. For each lot traded, I have to pay only 2.5 USD. Clickhereto learn more.
Low Spread
As I mentioned before, some brokers charge very low or even no commission. They make money through wide spreads, instead. This is the gap between the sell price and the buy price. The higher the broker's spread is, the more money they make. So, trade with brokers that offer low spread. I consider that Exness, FBS and Hot Forex are top forex brokers in this field. They provide their traders with a spread of around 1.1 pip for EURUSD.
High Leverage
From where I stand, top forex brokers often offer high leverage. However, leverage can be affected by different factors, such as licenses. In this field, Western traders can be at a disadvantage compared with Asian traders. Because brokers in the Western areas are strictly regulated in their terrorisms, they can provide high leverage. In the meantime, Asian brokers offer high leverage since the strict regulations are not applied there. Here are some big Asian brokers with very good leverage.
FBS: up to 1:1000
Hot Forex: up to 1:1000
XM: up to 1:888
Exness: unlimited (for a trader with less than $1000 in their account and over 5 lots of trading)/ 1:2000 (for accounts with more than $1000). Clickhereto see more.
Fast Withdrawal and Transfer
Personally, I pay high attention to transfer and withdrawal system. Here, I will compare domestic brokers and international brokers. Domestic brokers are not reliable as international brokers. However, they can provide with faster withdrawal and transfer time. Meanwhile, foreign brokers are safer and more secure, but their withdrawal and transfer process can take really long time. In this field, I highly appreciate Exness. They are the fastest among top forex brokers with good trading policies. Because the withdrawal and transfer system of Exness is automatic, their trading process takes only millisecond.
Good Customer Support
No matter who you are- a new or experienced trader, you always need advice and support from your broker. In my view, what a broker provides and how they take care of their clients can affect the trading results. In term of customer service, I highly recommend some good forex brokers, such as Exness, FBS, FxPro and XM. They have 24/7 customer service and assist their clients in multiple languages.
The forex market is considered as the confusing and difficult world, especially for beginners. There are numerous forex brokers in that world, andscamsare everywhere. I hope that several features and characteristics of the top forex brokers mentioned above can be useful for you. If you’re just starting out as a trader, I advise that you should pick a broker that meets your trading strategy and needs. Clickhereto see best forex brokers.
Hey there, this is Fanara Filippo. I'm the author of this article and i'm currently collaborating with Brokerreview.net, or BRKV in short. My articles are mainly for forex traders from Thailand, Indonesia, India, Bangladesh, and South Africa.
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October 07, 2018
So, what are the elements of best ECN brokers?
They are:
â— Reliable ECN brokers
â— Lower trading cost:
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â—‹ Lower spread
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â—‹ Lower commission
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â—‹ Better payment systems to lower deposit and withdrawal fee.
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â—‹ Better rebate.
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â—‹ Better bonus
â— Better Trading conditions: developing more trading platforms, lower slippages, better execution speed, lower swap or fee swap.
â— Better local service
Here, I give you the list of 5 sà n môi giới ECN đã được xếp hạng based on these factors above:
No |
Broker names |
Rating |
1 |
Exness.com |
8/10 |
2 |
FxPro.com |
7.5/10 |
3 |
XM.com |
7.5/10 |
4 |
ICmarkets.com |
7/10 |
5 |
FXTM.com |
6.5/10 |
Now, go into details of how reliable a best ECN broker is?
The very first thing to consider here is the licenses or certificates
The licenses or certificates will be issued by some trusted organizations or agencies. They have the rules and some standards to check before they issue one licenses. These rules and standards are:
Licenses still have dark sides
A best forex broker has more licenses then they have to pay more for the fee, the cost of insurances or adding more money into the fund. That leads to the situation that they have low income and have to cost more money for clients. And they have to ask for high commission or spread rate. Also, they can offer high leverage, too. For example, US/UK brokers have a lot licenses and they even do not protect traders from Asia and Africa so they have to pay more be saved from risks.
From all the facts that I mentioned above, I think that one most trusted license is enough to prove one broker’s reputation. Although more licenses can seem more trustworthy but more licenses also mean more charges to be paid. For instance, Exness, FxPro or XM just have one or two reliable certificates like CySEC, FCA
Clickhereto know about Exness’ licenses
Reliable ECN brokers have huge trading volumes
A great deal of money that is traded every month or year can prove that this broker is trusted and save to trade with. The number can reach billions each month for the big brokers, such as Exness trading 400 billion $ per month, the numbers for XM and FxPro are 300 billions $ and 100 billion $ per month. The numbers show that these brokers have a lot of clients and totally have the big fund.
The history and scams can prove brokers’ reputation
Exness or other big ECN brokers have worked for about ten years and their transparency and security are proved along the way because there are no reports of scams or tricks against these brokers. Although, sometimes there is an accident that traders can hit the stop loss because they are starters and do not know the rules of Bid and Ask price
The best ECN brokers have better trading conditions
Low spread and commission
When trading with US/UK broker’s clients have to pay 1.7-2 pip for spread in comparison with Exness who just costs 0.0xx pip for spread, even when the market is stable, spread could be zero. The commission fee is low too, when trading with Exness, traders have to pay just 5$ while they have to pay 6-7 $ with ICMarket or XM
Top ECN brokers have better payment system.
There is a fact that traders from Asia or Africa can be served well when they work with US/UK because these brokers just have the good service for national clients. With foreign clients, they ask more for deposit. With my experience of trading I can be sure that Exness has the best payment method when they build in every target country a payment system and the cost is even free. This way helps the transferring process quicker. Besides, they tool the the payment machine that deals with the information just in seconds. And traders can reduce the transaction time and withdraw easily.
Top ECN brokers also have perfect service to support traders
Forex is a risky sector that can make some starters to be terrified of, so they need more advice, guidance from liable brokers. To make the supporting be easier, brokers need to serve the service that fits time, languages to make sure that they can help traders fell free to contact them. One of the most important difficulties is that the language they use to communicate with traders. Traders can be from everywhere, so if brokers can speak their language, there will be less misunderstanding and gain more trust. Exness, XM and ExPro have been so professional on this aspect. Exness’ staff can speak 13 languages; XM serves in 30 languages, XM with 19 languages. And these brokers even have working time is opened 24/7 in order to contact with traders from everywhere with various communicating way like live chat, phones, and local offices. That is totally amazing.
Read more SEE FULL LIST OF TOP 5 LARGEST FOREX BROKERS 2018
Top five ECN brokers have better quotes for traders
95 % of the traders think ECN accounts are better but there are 80 % of them working with MM or STP. The question is why is that? It is because ECN brokers have volatile quotes, higher slippages and more no-quote errors and gaps. And the cause is that ECN is quite broad and there are bad people try to trick others.
However, the best five ECN brokers above have a smarter way. They do not do the same with some other big brokers- liquidity providers. While these big providers give the quotes by their own, ECN brokers like Exness or ExPro collect the quotes from these liquidity providers and give it to client. With this way, they can reduce the unstable quotes because they can use various quotes to replace when needed. And that way makes their quotes are more stable, have lower slippages and less no-quote errors or gaps.
Hey there, this is Fanara Filippo. I'm the author of this article and i'm currently collaborating with Brokerreview.net, or BRKV in short. My articles are mainly for forex traders from Thailand, Indonesia, India, Bangladesh, and South Africa.
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October 05, 2018
Reliable broker - Asia standards
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Regulated brokers.
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Top largest forex brokers.
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Regional offices
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Payment systems.
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Company history - Scam reports.
Despite seeming indifferent from the normal broker standards, these Asian standards are in fact more complicating in details. The analysis will be further explained in this article. Here is the list for top 5 reliable brokers for Asian traders :
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Exness.com
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XM.com
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Forex.com
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Saxobank
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IG Group
What type of regulations should a reliable forex broker have?
Having traded for many years, I engaged in many discussions with my trading colleagues about the standard regulations for brokers. Initially, most of them regarded US and UK regulations as the best since the US financial management system is extremely reliable. Despite comparing among UK, AU, Hong Kong, Singapore and Japan, they still have faith in the America regulations. Indeed, US and UK regulations are very good and as long as a broker is regulated by these agencies, its trading platforms, technical, financial health, and management, etc. will be highly secured. Since the qualifications for regulations are hard to be achieved, regulated brokers are highly reliable. Nevertheless, this does not mean that brokers without US/UK regulations are not worth a chance from traders. Sometimes regulation agencies simply do not provide services in certain regions. Shifting the focus back to Asia, this is second largest forex market region in the world - where many brokers became successful by investing and providing good quality services such as Exness. Apparently,Exness is the largest retail brokerwith a trading volume of approximately $400 billion even though they do not possess a US license because they do not have businesses in US. In addition, it it remarkable that Asia’s investment account for 99% of Exness’ s trading volume.
I would not recommend US and UK brokers to you if you are an Asian/African trader, since their spreads and commission are much higher than other continents’ brokers.
(You can read this article to know why:Disadvantages of US regulation).
Regulation standards.
If your country have regulations, you should trade with brokers that possess regulations since these regulations are extremely important. However, in case your countries do not provide regulations, you can simply choose brokers with one reliable regulation, which is enough. There is no point in trading brokers with many licenses in a country that has no regulation providing since they are not allowed to protect you if any problems ever occur. Names of trusted regulations are US, UK, AU, JP, Hong Kong, Singapore, and CySEC, etc.
Find out more about reliable regulations here.
Reliable forex brokers should be the largest forex brokers.
Whenever I want to find some tasty food, I will walk along the streets and take a shot at restaurants which are filled with loads of people. Obviously, there must be a good reason why people choose it.
The case is quite similar when it comes to choosing a forex brokers. How do you know if a broker is good? If a broker is known for being the largest forex broker, there must be reasonable factors why traders have faith in them. Personally, I usually spend from one to two weeks testing a broker before deciding to invest all my fund in that broker. However, all trading problems tend to occur when a trader has been trading for a long time rather than at the first few weeks of trading. This is the reason why large brokers will provide the sense of security since there has been hundreds of thousands of traders who have tested these brokers for years. In other words, you can take advantage of these facts.
Nevertheless, this does not mean that all the largest forex brokers are good for you. Each broker has its own beauty and flaws, therefore it is important to find the most suitable broker that conforms to your trading strategies.
Example:
For a long term traders who tend to keep their positions open for some months, it is necessary to find a reliable broker that provides low swap rate.
For scalpers, trustworthy brokers withlow spread / commissionand high quality executions are the most appropriate.
For gamblers, they will be most compatible with high leverage brokers.
For those who live in countries with problematic payment systems, brokers that provide the deposit/withdraw process by local payment system will be tremendously helpful for them.
In short, this is my tip for the apprentice: Create accounts at 3 largest forex brokers, deposit $100 at each, and test these brokers in one month. After that, analyse the profits you gained from these brokers and choose the one that is most lucrative. And the most important thing is, only create accounts in the top forex brokers.
Here are 5 largest forex brokers:
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Exness.com: $400 Billions/month
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Forex.com: $300 Billions/Month
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XM.com $290 Billions/Month.
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Saxobank: $265 Billion/Month
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Hotforex.com $209 Billions/month.
Reliable forex brokers should have offices in your countries.
It is a fact that brokers that provide local offices in your country will be more reliable. To explain, each broker has their own target countries, and they will only open offices in countries where they are popular. In order to be trusted, they ought to provide quality services as well as the most competitive conditions compared to other brokers.
Indeed, it is very difficult to open offices in most Asia countries, since brokers have to register for the company and licenses. This means that they will be under the law’s control. Therefore it is safer to trade with legal brokers.
A broker with local offices in your country will be able to provide faster support in case you encounter an unexpected problem. You will be protected by the law if the broker tries to scam you. Yet, it does not mean that brokers with no local offices are not reliable. As I have mentioned, as long as a broker is in the top biggest forex brokers with qualified regulations, they are trustworthy enough. Local offices is just a plus point for a better broker.
Reliable forex brokers have the best payment systems.
The most remarkable feature of a reliable broker would be the fast and no-limit payment system. Traders are deserved to be able to get their profit and deposited fund as quick as possible to maintain the flow of their trading process. Surprisingly, there are even brokers that reject clients’ withdrawal requests if they withdraw too much because these brokers do not have enough available money for the withdrawal. Moreover, the longer they keep your money, the higher chance you may lose all your trading fund. Therefore, you need to stay away from these kind of brokers as far as possible.
Qualifications for a good payment system:
- Fast deposit and withdrawal system.
- High minimum withdrawal limitations.
- Low or zero fee for deposit and withdrawal.
- Local payments.
Having traded with many brokers, I came to realization that Exness has the best payment system ever. All of their transactions are performed almost instantly. In other words, you can always get your money within seconds and you can also withdraw in the weekends. Exness provides a wide variety of free local payment systems that function efficiently and maintain the flow of transaction smoothly.
Check Exness Payment systemhere.
Reliable forex brokers must have good rating and no scam reported.
I tend to put my trust in brokers possessing a ten-year-record of operation with no scam reports against them. Personally, I think ten years is enough for brokers to prove their working ethics and service quality. During their operating time, there will be many annual economic news that influence the whole forex market. Traders can look up for articles analysing these problems and observe how brokers solved these problems as well as how they treated their clients.
Find out more about Exness scam reporthere.
For instance, one of the biggest controversial event in the forex market was when Swiss Central Bank floated its CHF in 2015. Consequently, the CFH/USD was changed over 3000 pips which led to the failure of several brokers. Some traders lost as much as hundreds of millions of dollars. You can search for details about these events and see how brokers treated their clients’ loss below.
Read more THE BEST ACCOUNT FOR NEW TRADERS OF THE FOREX MARKET IN 2018
As a professional trader, I have traded in the forex market for many years and also face many problems with my brokers. It is only after a big forex event that we can find out how reliable our brokers are.
And this is 5 brokers that I think they are the most reliable for Asian traders.
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Exness.com
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XM.com
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Forex.com
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Saxo bank
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IG Group
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October 04, 2018
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Exness.com: $395 Billions.
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XM.com: $320 Billions
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Forex.com: $300 Billions
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Saxo Bank: $300 Billions
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FXCM: $220 Billions.
Learn more aboutthe best 5 forex brokers in 2018
1. What is the point of trading with largest brokers?
Scam brokers do have their own schemes to trick traders. They hide their scam at the beginning. They gain their benefit and try to cover their trick from traders. Therefore, traders will not be aware of the dirty motive of scam brokers at the first place until they lose all their money into these scam brokers.
What are the schemes that scam brokers use?
They will conceal the trap by letting traders open the account and let them earn lot of money and have them think that they are totally trustful and then traders want to trade even more money. After traders put a huge amount of money to trade, these black traders find the way to steal your money. And actually, with non-scam brokers, you should be careful too, because after winning at the beginning, you can not control your invest and be led to the exceedingly trading.
So, largest brokers are safer
To avoid all the scams mentioned above in the whole time of trading, trader should trade with reliable brokers. Those are brokers that have the large size traded. Following their number of trading you can know that they are big or not and for the big brokers they have more clients than any others, which proves that they are trusted by more traders and a long the way of their business there are no scam reports. Besides, if there are dirty tricks they will be revealed by most of traders and by social media. And by these tools, it is not easy for brokers to trick their clients for a long time without being recognized. Therefore, big brokers are totally trustful for their transparency. So, big brokers are the better choice for traders to prevent scams from harm your fund.
2. From what aspect to know which are the largest brokers?
From the numbers announced on their websites- the trading volume. That is the amount of money traded every month or year. The big brokers can have trading volumes reached hundreds of billions monthly and they are also be audited by some trusted organization to prove their clearance. In the case that they do not publicize their financial report about avenue or fund or certificate on their websites, traders can use some other sources by the reviewers or other trusted websites or newspapers. From these sources, you can have some clear numbers or statistics. From my studying, I can tell that Forex.com or Saxo Bank is two places that have big trading volume. However, their forex volumes are quite low with the reason that develop some other more services and products such as Crypto, Forex, Future, Commodities, and Stock..., which makes them not just focus on forex but for other fields too. That means their total number of trading are huge but for the forex market is smaller.
From their numbers in their website, there are clear evidences for their trading that I will show you below:
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Forex.com’s total trading volume is $500 Billions, but for Forex is just $300 Billions.
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Saxo Bank’s total trading volume is $600 Billions, but for Forex is just $300 Billions.
To learn more about, click here:Best ECN brokers
3. What biggest brokers suit your trading most?
The truth is that biggest brokers like these two mentioned above, but there are more things to check than just the trading volume. I mean you have to check if these brokers are ruled by your country or about their payment systems, are they locally tooled and about brokers’ support, if it is convenient? After checking these aspects, traders can acknowledge that Forex.com or Saxo Bank are more suitable for US and UK markets because that is where they are from so they only serve well in their countries. That causes the question for Asian or African clients about how they can find the biggest and most beneficial for their trading.
Of course, there are better ways for Asian or African traders
Luckily, Exness is broker that is both in the top biggest and profitable. In their mainly working areas in Asia and Africa, they supply local payments that help traders to withdraw just in minutes or even seconds and the transaction fee is even free for the local payments, in comparison with other brokers that do not have local payments, they usually charge traders 1.7-4% for the deposit. Besides local payments, Exness also provides local support services that help clients deal with a lot of problems. They build their offices in China, Indonesia, Thailand, Singapore, Malaysia, Cyprus, South Africa, India and Dubai. These are huge markets and with the countries that Exness does not have local support, they open the service called online support. This is the live chat that supports clients from the very far distance and it is even better when this live chat service is open 24/7 and clients could be supported in their own language too. So, I can tell that Exness is professional on this matter because it is quick and convenient.
In conclusion, for the traders from US market, largest brokers, like Forex.com suit them most and for those who are from Europe, or Asia, Saxo Bank and Exness can bring them more advantages
Here, the top five brokers for you to consider before trading or investing your money. Remember these brokers have been checked through all of the factors that I mentioned above:
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Exness.com.
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XM.com: Forex.com:
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Saxo Bank
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FXCM
Read more HOW CAN TRADERS FIND BEST FOREX BONUSES IN 2018?
Hey there, this is Fanara Filippo. I'm the author of this article and i'm currently collaborating with Brokerreview.net, or BRKV in short. My articles are mainly for forex traders from Thailand, Indonesia, India, Bangladesh, and South Africa.
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October 03, 2018
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Is it difficult for us to withdraw forex bonuses?
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Which are best forex brokers offering best forex bonuses?
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What are the drawbacks of each kind of forex bonuses?
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How many kinds of forex bonuses are there in forex market?
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It is good for us to choose good bonuses or low spread?
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What are the two common bonus cheating ways?
It is obvious that the number of traders who do not care much about forex bonuses because they might face some disadvantages. On the other hand, there are still the multitude of traders who are paying much attention to forex bonuses. One simple reason is that they can diminish their trading cost and trading margins. It motivates me to write this article in order to help you make a good decision before coming to brokers. CLICK HERE TO SEETOP FOREX BONUSES.
1. How many kinds of forex bonuses are there in this market?
In fact, we should know 3 types of forex bonuses which are Welcome bonuses, Deposit bonuses, and Lot Back bonuses. I will give a evident illustration here so that you can grasp the meaning of these types of forex bonuses.
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Deposit bonuses: obviously, you can get this kind of bonuses when you deposit your money. In reality, if you deposit your money, they will give this type of bonuses based on the percentages.
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Welcome bonuses(or non-deposit bonuses):this is the type of bonuses which are for new registrations. Normally, brokers will offer you around 30-50 dollars for the first registrations. New traders are often attracted by this type of bonuses. In fact, new traders want to examine the trading conditions of brokers thanks to these bonuses.
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Lot back bonuses:once you accomplish one lot/transaction, brokers will refund the amount of money. However, these amount of money will depend on trading currencies, trading time and account types. In fact, this bonus will reduce the transaction cost.
Example: the spread of XM broker for EUR/USD is 1.4 pip, they tend to lot back 3$ for each completed trading lot. It is true that you do not to pay 14$ for spread instead of 11$.
2. Drawbacks of each bonus type.
In order to make sure that you can understand some disadvantages of these types of bonuses. I will give clear explanations here.
Welcome bonuses:certainly, it is totally free in terms of this type of bonus. But we should look at other sides.
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It is not good for you to enjoy $50 which is very small. If you want to have more benefits, you should look at other aspects.
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It is also difficult for you to withdraw your money
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Obviously, new brokers often offer this type of bonus. Hence, it is not safe for you to trade with these brokers.
Deposit bonuses:
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It can be an arduous task for you to withdraw your money.
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Your forex bonuses will be evaporated when you withdraw your profit.
Lot back bonuses: if you pour a big amount of money, it is better for you. Additionally, brokers will refund when you complete your trading lot. However, you have to wait for a long time in order to collect your benefit.
3.Is it difficult for us to withdraw forex bonus?
We can now whether we can withdraw forex bonus through withdrawal conditions. In fact, there are two chief withdrawal conditions that we should focus on.
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For some brokers, when you finished a certain number of trading lots you can withdraw your bonuses.
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You can withdraw your profit though some brokers do not allow withdrawing bonus.
View from different angles, it is better for us to withdraw our profit if we do not need to follow any condition. When brokers ask for the number of finished lots, it will be onerous for you to withdraw.
4. Is it good for us to choose between good bonuses and low spread?
In my opinion, It would be better for us to have forex bonuses. Nonetheless, we sometimes should consider other important aspects when trading with brokers. We should make sure that whether or not this broker is reliable. In reality, traders are often deceived by the number of forex brokers because of temporary benefits. Therefore, it is a good thing for us to choose trusted brokers.
In order to opt for good bonus, we should concentrate on some factors.
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Make a list of five best brokers that you feel safe
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Decide on best forex brokers who have better bonus program. Certainly, it is good for traders to choose these brokers, so it is not a matter when they do not offer bonuses.
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Have bonuses and trade with brokers.
5. A list of top 4 good forex bonuses.
From my own experience, I will show a list of top four best forex bonuses so that you can consider.
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Best welcome bonus: 30$ welcome bonus of XM
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Best welcome bonus: 50$ welcome bonus of FBS
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Best deposit bonus: 100% deposit bonus of XM
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Lot Back Bonuses: Rebate 2 - 16$ per lot of Exness
6. What we should know about two ways to cheat bonuses.
In reality, we can actually cheat on welcome bonuses. If we want to cheat on bonuses, we should have a good understanding about two prevalent measures.
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First and foremost, what traders must do is to possess different new accounts to have welcome bonuses. Subsequently, traders will hedge two accounts at the same time. This leads to the fact that traders will have a chance to win one account. Indeed, It seems to be easy in this case but it is for traders can withdraw bonus profit without any requirement.
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In fact, swindler have a tendency to open lots of accounts to have more welcome bonuses. Then they can open large positions by making use of higher leverage. CLICK HERE TO SEETHE LEVERAGE OF EXNESS.
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