TOP 5 SÀN FOREX LỚN NHẤT VÀ HẤP DẪN NHẤT

BRKV – Những nhà môi giới ngoại hối đáng tin cậy hoặc tốt nhất là gì? là câu hỏi phổ biến từ người giao dịch bắt đầu khi họ chỉ đến thị trường ngoại hối. Tất nhiên tất cả các nhà giao dịch luôn đặt cho họ một mục tiêu khi giao dịch với các nhà môi giới ngoại hối tốt nhất trên thế giới để đạt được nhiều thành công cũng như tránh những trò gian lận không đáng có. Tuy nhiên, tôi tin rằng mặc dù họ nhận được rất nhiều lời khuyên từ các nhà giao dịch giàu kinh nghiệm, họ vẫn không thể thực sự tin tưởng vào nó.

Chúng tôi có nhiều năm kinh nghiệm trong giao dịch Forex. Một số người mà chúng tôi đã làm việc với chúng tôi, họ từng là nhân viên cho nhà môi giới nổi tiếng thế giới. Mặc dù, chúng tôi vẫn không thể hoàn toàn 100% dữ liệu để dễ dàng vượt qua top 5 nhà môi giới ngoại hối lớn nhất. Tuy nhiên, chúng tôi đã dành gần nửa năm để nghiên cứu và liên hệ với nhiều nhà môi giới để tạo ra kết quả này. Do đó, chúng tôi hy vọng điều này sẽ mang lại cho bạn niềm tin vào kết quả mà chúng tôi đã đạt được. Chúng tôi cũng đề cập đến một số hồ sơ trực tuyến nhưng chúng tôi có lý do để nói với bạn rằng danh sách trực tuyến không có nghĩa là chắc chắn cao. Lấy ví dụ, khi chúng tôi tìm kiếm từ khóa như: Nhà môi giới ngoại hối lớn nhất hàng đầu “hoặc câu hỏi mà nhà môi giới nào đáng tin cậy? và tìm Hot Hotx, ICmarket, FBS hoặc FXTM trong các danh sách đó. Đó là bởi vì các nhà môi giới này là nhà môi giới mới và họ chỉ nhắm mục tiêu tại một số quốc gia ở Đông Nam Á và Châu Phi, vì vậy họ không thể trở thành nhà môi giới ngoại hối lớn nhất.

Dựa trên khối lượng giao dịch mỗi tháng, chúng tôi có thể liệt kê ra 5 nhà sàn forex lớn trên thế giới:

Tuy nhiên, liệu họ có nên là 5 nhà môi giới lớn nhất và đáng tin cậy?

Xin giới thiệu:

• Exness.com: $ 395 tỷ hàng tháng
• XM.com: $ 320 tỷ hàng tháng
• Forex.com: 300 tỷ đô la hàng tháng
• Ngân hàng Saxo: 300 tỷ đô la hàng tháng
• FXCM: 220 tỷ đô la hàng tháng

Chúng ta có nên giao dịch với các nhà môi giới ngoại hối lớn nhất?

Có lẽ bạn có thể biết rằng hầu hết các nhà môi giới được liệt kê ở trên, họ là nhà môi giới Mỹ và châu Âu. Vì vậy, nếu bạn đang sống ở những khu vực đó, đó là một may mắn cho bạn. Nói cách khác, bạn sống ở Châu Á, Châu Phi và Úc. Họ có thể không tốt cho bạn do quy định của họ không thể liên hệ với các tôn giáo khác. Nếu bạn hoàn toàn tin tưởng vào họ bởi vì bạn nghe nói rằng họ đều là những nhà môi giới ngoại hối đáng tin cậy trên toàn thế giới. Nhưng chúng ta nên cẩn thận để xem xét các yếu tố ảnh hưởng khác và kiểm tra nhiều thứ khác như:

Có hay không chúng được quy định ở nước bạn?

Họ có một hệ thống thanh toán địa phương để gửi và rút tiền không?

Họ có chương trình hỗ trợ nào không?

Lời khuyên chân thành của chúng tôi là bạn nên chọn Exness để giao dịch nếu bạn sống ở Châu Á và Châu Phi. Tại sao? Bởi vì, Exness coi trọng và đặt mục tiêu chính ở Châu Á và Châu Phi. Họ có một hệ thống thanh toán mà chúng tôi đánh giá là quá xuất sắc. Bạn có thể gửi và rút tiền ngay lập tức hoặc thậm chí là miễn phí trong khi các nhà môi giới khác ở châu Á không có hệ thống thanh toán địa phương sẽ tính phí cho bạn từ 1,7-4% trong phí gửi tiền của bạn.

Ngoài ra, Exness có văn phòng tại hầu hết các quốc gia lớn như: Trung Quốc, Indonesia, Thái Lan, Singapore, Malaysia, Síp, Nam Phi, Ấn Độ và Dubai.

Lý do tại sao chúng tôi nói rằng hệ thống hỗ trợ của họ rất tuyệt vời khi họ hỗ trợ trực tuyến 24/7 cho tất cả các quốc gia nơi họ không có văn phòng đại diện. Chúng tôi lo ngại nhất về tốc độ phản hồi của họ rằng nếu bạn chỉ để lại số điện thoại của mình vài giây trước, bạn sẽ nhận được một cuộc trò chuyện trực tiếp hoặc gọi điện thoại ngay lập tức.

Hơn nữa, nếu bạn đang sống ở Mỹ, chúng tôi sẽ giới thiệu Forex.com. Kể từ đó, họ đáng tin cậy và dẫn đầu trong thị trường Mỹ.

Sẽ thế nào nếu bạn đang sống ở Châu Âu, Ngân hàng Saxo và Exness là những lựa chọn tốt nhất.

Tại sao chúng ta cần giao dịch với các nhà môi giới ngoại hối lớn nhất này?

Chúng ta nên nhắc lại một lần nữa rằng thị trường ngoại hối là một môi trường phức tạp. Đây là nơi có rất nhiều nhà môi giới lừa đảo, chúng tôi có nghĩa là tiền của bạn có thể bị đánh cắp bởi sự gian lận, lừa dối. Cả những người mới bắt đầu và những người giao dịch có kinh nghiệm mà don không biết điều đó cho đến khi họ mất hết tiền.

Tại sao ban đầu chúng ta không thể xác định một nhà môi giới lừa đảo?

Bởi vì bạn thường theo dõi quản lý rủi ro khi bắt đầu. Do đó, họ sẽ không để vấn đề xảy ra lúc ban đầu. Mục tiêu của họ là muốn bạn càng thắng, họ càng nhận được nhiều tiền. Ngay cả đối với các nhà môi giới không lừa đảo, tất cả trong số họ cũng có xu hướng muốn bạn giành chiến thắng ngay từ đầu.

Giao dịch với các nhà môi giới ngoại hối lớn nhất mà bạn có thể tránh các nhà môi giới lừa đảo.

Lý do tại sao bạn chỉ tìm thấy người môi giới lừa đảo cho đến khi bạn mất tiền. Khi bạn tìm kiếm về các nhà môi giới ngoại hối lớn nhất, bạn có thể thấy rằng hàng trăm ngàn nhà giao dịch đang giao dịch với họ. Nó sẽ giúp bạn kiểm tra và đánh giá những người môi giới. Vì vậy, nếu có bất kỳ vấn đề gì, họ sẽ báo cáo và chia sẻ mọi thứ trên Internet và phương tiện truyền thông xã hội và bạn sẽ biết ngay lập tức. Chỉ những nhà môi giới đáng tin cậy mới có thể phát triển và trở thành những nhà môi giới ngoại hối lớn nhất.

Những tiêu chuẩn để xếp hạng các nhà môi giới ngoại hối lớn nhất?

Như chúng ta biết, một số nhà môi giới tiết lộ khối lượng giao dịch của họ trên trang web của họ. Bởi vì họ biết, nó có thể là một lý do cho các nhà giao dịch mới sẽ đến và tìm kiếm họ cũng như tin tưởng vào giao dịch. Điều quan trọng là bạn nên tin tưởng họ nếu họ được kiểm toán bởi 4 công ty kiểm toán hàng đầu. Chúng tôi khuyến khích bạn giao dịch tại các nhà môi giới này do tính minh bạch của họ và nó sẽ đảm bảo cho quỹ của bạn an toàn hơn. Đối với các nhà môi giới khác, những người không xuất bản khối lượng giao dịch của họ, vì vậy chúng tôi khuyên bạn nên kiểm tra một số tài nguyên đáng tin cậy như trang web thống kê, tin tức tài chính và báo chí.

Một điều nữa mà tôi muốn đề cập là một số nhà môi giới lớn họ có tổng khối lượng giao dịch rất cao nhưng khối lượng ngoại hối của họ thấp như: Forex.com và Ngân hàng Saxo. Đó là bởi vì họ cung cấp nhiều sản phẩm như Tiền điện tử, Forex, Tương lai, Hàng hóa và Chứng khoán …

Ví dụ:

Tổng khối lượng giao dịch của Forex.com là 500 tỷ USD, nhưng khối lượng Forex chỉ là 300 tỷ USD.

Tổng khối lượng giao dịch của Ngân hàng Saxo là 600 tỷ USD, nhưng khối lượng Forex là 300 tỷ USD.

Cân nhắc những ưu và nhược điểm, chúng tôi đi đến kết luận rằng đây là danh sách 5 nhà môi giới ngoại hối lớn nhất năm 2018 để bạn xem xét:

• Exness.com: $ 395 tỷ.
• XM.com: $ 320 tỷ
• Forex.com: 300 tỷ đô la
• Ngân hàng Saxo: 300 tỷ đô la
• FXCM: 220 tỷ USD.

BEST FOREX CONTEST OF LARGE BROKERS

 There are a lot of matters traders should care when they first step into the forex field. And one of them is the forex contest. This may sound interesting and harmless but the point is that brokers can have their own plans and aims to open these contests. Then what to be conscious about when join in the forex contests? The main things are the amount of prizes, the conditions for withdrawal, and some important rules. More importantly, to make sure you are trading safely, trade with reliable brokers, which are largest ones, not small ones. Below is detailed information about aspects for traders to review before taking part in any forex competitions.

1.    So what do you miss when focusing on the prize?

I think you’ve missed the purpose of those contests. You forgot to ask why brokers can host such a competition and give you a prize even though you are using a demo account.

I could tell you that. Brokers hold contests because they want to attract new traders. By illustrating trading on the forex market in the most desirable and best conditions, they created a belief in new traders. Beginners start thinking that dealing with the host is easy and straightforward. However, in facts, trading is not easy, and new traders can bump into unexpected situations frequently.

Moreover, experienced traders participate in the contests, too since they want the awards. And, you should know, the completion becomes harder.

Hence, I advise new traders not to pay too much focus on competition. I understand the prize appear super calling. Nevertheless, you ‘ve got almost no chances without experience.

On the other hand, I would love to recommend you to take part in some contests if you want to have more fun and challenges. Let’s move on, and I have got some tips for you.

2.    How to perform the best in forex contests?

Register many accounts

You are trading with, and each of them is a life count. The more account you have, the more lives you have in the competition. Why don’t you create more than one? They are free.

Don’ t care about risk

Because traders can make transactions without cost, the risk is almost nothing. It might sound nonsense to beginners because every trade contains risk. However, new traders open demo accounts, and no risks come up at all. Besides, if traders do not make any lots, the profit rate is 10% maximum while in forex, 10,000% profit rate unable traders to win in the contest.

The highest leverage is the best

The more leverage is, the more you win. However, you lose much if you perform poorly. However, as I said above, you are trading free, there’s no risk at all. Just do it quick and hard then complete the contest as speedily as you can.

Take advantages of volatile times

Experienced traders usually make the transaction right before the news release even though doing so can take everything they’ve got away. But in business, no pain means no gain.

In the worst way, you lose everything, but at least, you do not spend too much time with just-for-fun contests.

Try trading bots

Trading bots help you to take care of trading 24/7. Trading as much as you can to increase profit rate up to 10,000%. Because there would be no risk in trading contests, do not worry if the trading bots make something dangerous. Besides, it’s a good chance to test the trading bots.

Nevertheless, why do I still motivate you to take some contests in your first days in forex?

Because, in the market, there is still some contest which is the best chances to earn prizes. Top best forex contest I would like you to consider is as below:

1.    FXTM Titans >>> Join now.

2.    Exness World Cup Contest >>> Join now.

3.    FBS Pro >>> Join now.

3. So what do they offer in their best forex contests?

1.    Best price

Those who provide the largest prize are the best to look at.

Exness offers the best price of $120,000. There are 12 rounds to beat up. The winners of each round gains 10,000 in total.

FXTM has four rounds only with $10,000 of prize for each. In total, the award seems smaller than Exness.

FBS launches contests every month with the fixed award of $1000 in total. Among them, the first place wins $450.

You might want to find out details in the table below:

Broker’s name	Number of rounds	Detailed prizes for each round
Exness	12	1st place – $3000 2nd place – $2000 3rd place – $1000 4th and 5th place – $500
FXTM	4	1st place – $5000 2nd place – $2500 3rd place – $1200 4th place – $800 5th place – $500
FBS	1	1st place – $450 2nd place – $250 3rd place – $150 4th place – $100 5th place – $50

2.    High withdrawal rate

FXTM and FBS allow winners to withdraw everything they won from the contest. Meanwhile, winners in Exness World Cup contest can withdraw half of the prize. The rest will come to traders’ account for the further transaction in future.

3.    Easiest Rules

In general, traders need demo accounts to compete in the contests. When they start, brokers give them virtual money. Each broker offers you different amounts, such as FXTM’s virtual money is $100,000. However, deciding factor varies.

FXTM decides winners by profit rate. They calculate the rate by formula [Net Profits ÷ 100000] x 100 = XX.XX%. Leverage in FXTM is only 1:500

Exness and FBS choose people who made the most in the contest to be winners. But Exness offers 1:2000 of leverage while FBS’s is only 1:100.

Besides, there are some standard rules for any brokers:

•    Only one demo account is allowed for competition.

•    Only virtual money is permitted to trade in the contest. No personal investment is accepted.

•    Winner must confirm the prize in 5 working days, or they miss the payment.

•    Brokers are people who can speak for any disputes.

Find the top forex brokers reviews.

To sum up, I must say, It’s not an easy game with forex contests. Even with the best forex contests provided by the largest brokers, you should not put in too much hope. I suggest new traders attend couples of games. After that, focusing on real transactions, Don’t let contests waste too much of your time.

 

GET FOREX BONUSES FOR TRADING

What advantages and disadvantages do forex bonuses bring you? For any of you are wondering about forex bonuses, here I have noted down some aspects about forex bonuses for traders to know how to withdraw the bonuses or how many types of bonuses on the market and even how to hack the bonuses through these types of bonuses.

Types of bonuses and their disadvantages

Welcome bonuses

This bonus is also called the non-deposit bonuses and all you have to do to get the bonuses is that you are a starting trader and open the account for the first time. Brokers will offer you 30-50 dollars for the opening. This type of bonuses is a good way for traders to learn more about this broker’s policies or to try out their trading to see they are in the right track. And

However, this bonus is too little for the traders that just trade a tiny account, which mean traders have to trade the larger account to win the huge benefit of bonuses. Besides, the withdrawal of this bonus is not easy and this kind of brokers is not safe to trade with.

Deposit bonuses

Traders that are trading with a broker or trader stopping trading can be the target of this bonus method. This method treats their client by checking their clients’ deposit and award them basing on this amount. This could be 20%, 50%, or even 100% under the deposit checking. By this, brokers make traders feel beneficial and want to put more money or reopen the account that is closed.

And this way of bonus also prevent their clients from withdrawal by some other complicated requirements and sometimes take traders’ bonuses away when they try to gain the profit.

Lot back bonuses

Lot Back bonuses are the rebated amount for each time trader finish one lot. This method sounds more interesting for traders because of that they can save more fees when trading.  Brokers check on the currency transacted and the point of trading time to offer the bonus and they also transact the bonus into the traders’ account for trading too. Considering this case, when traders deal with the currency of EUR/USD with an XM account, this broker gives trader 0.3 pip over 1.4 pip for each lot then the amount of spread after the bonus is only 1.1 pip for the spread rate.

Although Lot Back sounds quite good for traders there are still some difficulties on this. This bonus is based on the lots traded, so traders have to wait until they finish one lot to get the bonus. Therefore, traders need to transact a huge amount of money to get a lot of bonus or they have to wait for a very long time for the bonus.

Bonuses are not the top standard

Bonus can restrict trading cost or the margin but they are not something important that traders should base on to judge one broker. The best forex brokers are the largest ones with their reputation and credibility. And luckily, there are some brokers are reliable with perfect service and provide good bonuses for their clients. So, traders should hunt them down first- top five biggest forex brokers. Among them, choose the best bonus offering then then with them to be saved and more profitable.

Here I also have top forex brokers with amazing bonus givers:

First, about Welcome bonus, consider XM and FBS, they offer 30$ with the first one and 50$ for the second one

Then, in the case of deposit bonus, XM also provides 100% bonus over the deposit

And about the most favorite bonus- lot back bonus, Exness is offering 2-16$ for each lot

Withdrawing bonuses is not easy

Some of you may wonder that why the withdrawal process of bonuses are too complex. It is with the reason that there are some demands from brokers complete for the bonus withdrawal.

Some brokers have the required number of lots finished for drawing bonus. For instance, you are given 50$ for one lot you have just traded, then this 50$ will be transacted into your account to be traded. Until you win nine lots then the bonus will be withdrawn. But, if you do enough lots maybe you lose even more fees than the amount of bonus.

With another condition, some brokers do not allow you to draw the bonus but you have to wait until you gain some profit and be able to have the profit only.

Xem 5 sàn forex lớn trên thế giới

Trick to have more bonuses

Because of some features of welcome bonuses, many traders or cheaters take advantages of this and gain even more profit from bonuses. Using high leverage brokers is one way to hack the bonuses. Cheaters open a new account to have the high leverage. Thank to this leverage, they open more deposit to get deposit bonus. And withdraw the bonus by making an account with 50% winning the profit. So, they have profit and are allowed to withdraw. There is one other way that is from opening plenty of accounts to get welcome bonus for the first account. From many bonus, continue to trick to win an account by connect two account to have the opportunity to win by 50%.

Read more about Solution if you have failed in forex trading

From this article, I hope traders from everywhere know how to manage their bonus and decide which brokers have the best service on bonus for their trading strategies.

BEGINNERS AND THEIR PERFECT BROKERS

 Forex market is so complex especially for starters. There will be some concepts that make them confusing like the ECN accounts, demo contests, the bonuses….there are so many things for beginners to concern about. And once new traders still concern about these things, which means they are on the way to find out what the most appropriate brokers for them. And here I give some help for beginners to know how to start their business on the forex market.

First, take a look at the top three best forex brokers that according to some surveys:

XM.com: 9/10

Exness.com: 9/10

FBS.com: 8/10

Some general advice for beginners:

– Make Cent or Micro accounts to make sure you will lose a little amount at the first trading

– Deposit the tiny amount, about less than 100$ is enough for learning and practicing

– Some brokers make offer big benefit and the number may reach 50%-100% of the profit but it is not safe to trade with them because they can trick starters to gain a huge amount in return.

– Robot trading is a good tool for experts not for beginners because beginners are fresh and know little about how to convert the robot with their trading plan to make more profit and still being safe for finance.

How can these three be ranked at top?

It is because they have features of the best brokers for beginners

Deposit and trading lot is small

Beginners need to gain more experience and it is certain that they lose at some first time so it is safe for them to just open an account with just 100$ for three month to trade.

For the same reason, they should also choose the best forex brokers that allow them to trade with small trading lots, just 0.00001 like XM is offering or 0.0001 USD with FBS or Exness accounts. These brokers have this tiny amount for trading lots because they provide Cent and Micro accounts, which are most suitable for new traders to develop their skill.  Even, these brokers let traders open with the little deposit, too.

Some plain steps to start

Everything too complicated about forex can discourage beginners to step into forex market. Therefore, the simpler the brokers’ service the better they are. For example, they want to start trading with TM4 or TM5, which is not simple at all. Web trade and web terminal are easier. To make deposit faster, Visa and Mastercard are both safer and more convenient.

Get support from local service

The perfect brokers for beginner are the brokers can help them solve with many of troubles that can occur like the language the login or installing MT4, 3D security of Credit Card… It is excellent if the brokers can serve their clients with their languages at their local.

GO TO THIS LINK FOR EXNESS LOCAL SUPPORT

Helpful courses for clients

That is good to attend at these courses when traders can learn more about trading forex and get more experience. Brokers can take advantages from these courses to have more clients opening accounts on these brokers. In case they are not reliable, traders should open a little account only and then change into other brokers to trade.

Trustful brokers

This is not the priority actually because for the beginners it is safe to trade very tiny amount about 10$ a month. Therefore, no brokers want to waste time cheating them but they will seduce them to invest more and more then to learn some experience and quit later it is totally fine to ignore the brokers’ reliability

What do the three best brokers have?

Like I mentioned before, the list of three brokers are: XM, Exness and FBS

With XM, traders can open a very little Micro account trading lots, just 0.00001 USD, which is the most amazing one. Besides, they organize some training courses for beginners. About Exness, their Cent accounts are perfect for new traders and they serve very good local service and payment methods as well. Also, FBS has Cent accounts with only 0.0001 USD for one lot, the same number with Exness. FBS has good service too; however, they have the limited area for this service, which is just inside the countries where they have the local offices.

BEST BROKER REVIEW

What problems can cause trouble for beginners at the first trading?

First, most of the beginners think that they should open the positions at the moment of news released or the release time. But that is because they do not know about the experience of the professional traders, which is that they just open positions after or before the release time about fifteen minutes.

Second, ECN is thought to be so beneficial when they offer the profit reaching 50-100%. Actually, that is the tricky thing because of that after traders win a lot they find the ways to win back your money. That means it is too risky to win too much at the first time, then new traders should trade to win 3%-5%.

Also, demo accounts are thought to be made for beginners to train themselves. As I mentioned on Cent account articles, Cen accounts is less and safer to trade then demo accounts because of that they can cause some effects on your trading plans.

Beginners need suitable not perfect brokers in the market

That is after losing amount of money some brokers know that they have to find the suitable brokers that fit their trading strategies and experience or the trading conditions in their countries. Because they should not care much about the benefit they should skip the perfect brokers but the brokers that can help them to limit their loss and richen their knowledge about trading first.

Demo contests are not for starters

Starters see how much the benefit could be from demo contests then they can be rushed to join in. That is a huge mistake because it not that easy for beginners to win from demo contests. These contests are took advantages by Chinese, Thai or Indonesian… with the tool of robot trading to gain profit

Welcome bonuses is not easy for beginners

Its name may sound tempting for beginners and they can think that they can gain profit from this these bonuses. There is the fact to be known that the bonuses are difficult to withdraw unless you qualify some conditions about trading lots or the amount of deposit.

CHECK EXNESS BONUSES NOW

TOP THREE BEST FOREX BROKERS WITH THE BEST WELCOME BONUSES

 As you know that forex is very complicated right now because the appearance of many different services for serving traders. This leads traders to misunderstand and get wrong points about them. One of the most complicated points here is bonus, traders tend to get much benefits from it however to get the bonus or bonus profit, traders also have to complete all brokers’ requirements. There are many kinds of bonuses such as welcome bonuses, deposit bonuses and lot back bonuses in which welcome bonus is the most popular and easy- getting one for traders. Many trading beginners prefer welcome bonuses to other bonuses.

In this article, I only mention aspects of welcome bonuses (also called non-deposit bonuses) which is offered by brokers to new registrations are more popular among brokers. This kind of bonuses is the method that brokers often use to attract more traders. Meanwhile, traders get welcome bonus to test brokers’ trading conditions and also try out their trading strategies. In addition, they also sign in as many accounts as possible to be able to get the highest profit. If you are just a beginner in forex field, let’s read until the end of the article to have deep understanding of welcome bonuses.

CLICK HERE TO KNOW MORE ABOUT KINDS OF BONUSES.

1. Standards of good forex welcome bonuses

To be a good forex welcome bonus broker, broker must have the below criteria. Traders also pay attention on these aspects to choose the most reliable brokers for themselves.

• Easy withdrawal conditions: Welcome bonuses are offered by brokers however brokers also orders some withdrawal conditions which traders must cover all to get that bonus or bonus profit. Some brokers don’t allow traders to withdraw bonuses, but its profit. Traders sometimes must complete minimum number of lot trades to get profit as well. There are also negative things of this profit. Traders usually get losses when they try to invest money to complete all required lot trades which is often over the profit given to them.

• XM has the easiest withdrawal condition in which traders only need to complete 0.1 Lot to withdraw all profit.

• FXTM is the second easy withdrawal condition. Traders have to complete 1 lot to withdraw profit.

• FBS has 123 bonus program. Traders can get up to 123$ welcome bonus. For each trading lot, you can withdraw 3$ profit. Example: After 7 days trading, you won 60$. In order to withdraw that 60$, you have to trade at least 20 lot.

• High welcome bonus value: Small traders and beginners are interested in the welcome bonuses because they can use that money to decrease the trading cost and minimize the risks. For bigger traders, they tend to ignore this welcome bonus because they invest a large amount of money with a big profit. So brokers should offer as high welcome bonus value as possible to attract more big traders. Below is my suggestion of some brokers with high welcome bonus for your reference:

• FBS offers the highest welcome bonus Value: 123$.

• XM and FXTM offer the same welcome bonuses value: 30$

• Reliable forex brokers: The best forex broker is very important to traders because the broker will be the best partner with traders in their trading path. Nevertheless, traders also should avoid cooperating with any cheating brokers. The best broker is not the perfect one because traders should consider other aspects of brokers such as local support, native language and their regulation, payment method before starting to cooperate with one broker. As the result, traders should choose the most reliable forex brokers for themselves.

CLICK HERE TO KNOW MORE ABOUT BEST FOREX BROKERS IN THE WORLD.

XM is the most reliable forex broker among 3 above brokers. They are also the best forex broker for beginners. Click here to learn more.

2. How to choose the best forex welcome bonus brokers

Choosing the best forex broker is very difficult but selecting the best brokers with best welcome bonuses is more complicated for traders. Therefore, to help traders easily choose the most reliable forex welcome bonus brokers for themselves, I list down below three steps for your following, which is helpful and convenient for traders as well.

Step 1: List down 5 best brokers which are suitable for you.

Step 2: Choose best forex brokers that have good welcome bonus program. Of course these brokers are very good. So if they have welcome bonuses, it is much better for traders.

Step 3: Trade and get as much bonus as possible.

3. Ways to withdraw forex bonus profit

Brokers often have some withdrawal conditions to allow traders to get profit. These conditions sometimes lead traders to get losses because conditions are very hard and difficult to complete for traders, especially trading beginners. There are two popular ways that brokers allow you to withdraw bonus profit.

• The first condition: Brokers allow withdrawing the profit if traders complete a certain number of trading lots.

• The second way: Brokers don’t allow withdrawing bonus, but profit.

4. Top 3 best forex welcome bonus brokers

I have traded with many traders for many years, I have experienced with various brokers in the world as well. To let traders easily find out and choose the best brokers with best welcome bonuses, I list down here top three best brokers for your reference:

• XM

• FBS

• FXTM

Among these three brokers, XM is more reliable broker. In addition, XM also offer deposit bonus at the rate 100%.

 

BEST 5 FOREX BROKERS WITH LOWEST SPREADS CLICK TO SEE FULL LIST!

 Recently, there has been quite a lot of my subscribers who have inquired about spreads and which broker is the best based on spread costs. It’s easy to give you all an answer for which one is the best broker based on spreads since it’s all just numbers, however, to make sure that my subscribers can get reliable information as well as a throughout understanding of spreads, I’m writing this article to furthermore answer many of your questions and give you my professional opinions about the topic at hand.

Basically, spread is the difference between the bid and the ask prices. It’s by default the transaction fee that you have to pay for the brokers or banks, thus making the higher the spreads, the higher the costs of each transaction. This is why most traders want to trade with low spread brokers because it simply saves them money. However, there are still reasons to go for brokers who don’t have the lowest spread. I’m going to state the reasons below, do note that this article is written based on my experiences in the trading market so it goes without saying that it’s exclusive on this website only.

1. The differences between Spreads and Commissions?

As you all know, there are 3 types of forex brokers, which are Market Maker, STP and ECN. For the first 2 types, spread is their main income, thus making their spreads much higher compared to the ECN brokers.

When these two types get quotes from the liquidity providers, they will add the transaction fee (spread) to those quotes. (This whole process is called Mash Up) This process is not applied for ECN brokers since they provide the exact quotes that the liquidity providers provided, which in turn forces them to look for other way to make profits, and that’s why ECN brokers charge commissions because it’s their main incomes.

The main differences:

– Main income of Market Maker and STP brokers is spreads.

– Main income of ECN broker is commissions.

– For ECN accounts, you are also charged commissions and spreads, however the ECN account’s spreads are little to nonexistent so the main fee that you’d have to pay is the commission fee.

There are 3 types of brokers total. It’d be too long to review all types of brokers in this article alone so I’ll only list the 5 lowest spread non-ECN brokers.

Top 5 lowest spread brokers:

1. Exness.com

2. Hotforex.com

3. FBS.com

4. XM.com

5. FxPro.com

2. What type of traders need low spread brokers?

Low spread brokers are especially appealing to these 2 types of traders: scalpers and long-term investors.

Scalpers are traders whose trading style involves opening and closing large quantity of trading positions within a short amount of time. Traders who usually keep their positions opened for less than a month are scalpers, while long-term investors are traders who have their positions opened for longer than a month.

Scalpers: this type of trader earns only some pips for each order, so they prefer to choose brokers with low spreads and commissions.

Long-term investors: this type of trader cares more about swap fees than spread and commission. Because they earn more than hundreds of pips for each position, spread and commission fees don’t really matter that much. However, because the position is opened for a long period of time, they’d have to pay a large amount of swap fees, sometimes up to 90% of their profit, which is why most of the long-term investors prefer brokers with low swap.

So what type of trader are you?

If you are long term investor, don’t care about spread.

If you are scalpers, spread and commission are important.

3. Why are the US and UK brokers’ spreads are much higher?

The US and UK are the 2 biggest forex markets in the world, even though their transaction costs/trading conditions aren’t that appealing. I’ve done a research over hundreds of top forex brokers in the world and the conclusion that I’ve come to is that the US and UK brokers offer relatively higher spreads and commissions than the Australia and CySEC brokers, with CySec brokers being broker with the lowest spreads.

Example:

Here are the spreads for EUR/USD of the top forex brokers:

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)

As you can see in the table over, the CySEC broker which is Exness has the lowest spread which is 0.7 pip, while the US and UK brokers hold the highest spreads (1.7 – 1.8 pip). The US and UK brokers’ spreads are double that of Exness’.

More information about Exness regulation here.

Why do the US and UK brokers have higher spreads?

The reason for this is because of the US and UK regulators. The US and UK regulators don’t allow their regulated brokers to offer high leverage or bonuses while charging their regulated brokers relatively high regulation fee. This in turn makes the US and UK brokers to have no way but to charge their customers more by charging more spread and commission.

If you are ASIAN traders, Exness is the best brokers for Scalpers. More information about Exness spreads and commissions here or our review of Exness.

If you are Africa traders, XM and FxPro are the best.

If you are US traders, Forex.com is the best

If you are European traders, XM, FxPro and Exness are the best.

4. How do I choose the best low-spread brokers?

When you’re considering a broker that has low spread, you should also take some other criteria into consideration such as:

• Regulated brokers. You should always prefer the regulated brokers over the unregulated ones. It’s good that a broker is regulated in your country. However, if there isn’t any broker that is regulated in your country, you should choose another popular, trusted and lowest spread broker.

• Brokers who have local payment system. For brokers that don’t offer local payment supports, you’d have to deposit and withdraw via Visa, Credit Card, Neteller, and Skrill, … all of which costs 2 – 4% of your total deposition/withdrawal so it’s best advised to look for a broker that has local payment system to save yourself the hassle.

• Low spread and commission.

• Good local supports.

For a more detailed guide about choosing your broker, please refer to our article here: Top 5 best forex brokers in 2018.

In conclusion:

If you are an ASIAN trader, Exness is the best brokers for Scalpers.

If you are an Africa trader, XM and FxPro are the best.

If you are a US trader, Forex.com is the best

If you are a European trader, XM, FxPro and Exness are the best.

Here are top 5 lowest spread brokers:

1. Exness.com

2. Hotforex.com

3. FBS.com

4. XM.com

5. FxPro.com

These top largest brokers will give you more chance to win at forex

 The forex market is very complicated for everyone, included beginners or experienced traders. When you are in forex market, you will have a lot of questions, such as: “What are the 5 top largest forex brokers?” or “What are the top reliable or best forex brokers? And to answer those questions, it’s quite hard if you don’t know anything about forex trade.

We search some information online but it’s not reliable. For example, when we search: “top largest forex brokers”, and we find Hotforex, ICmarket, FBS, or FXTM in those lists. We know about them. They are just new brokers and their market focuses on some countries in South East Asia and Africa. They are not top largest forex brokers.

We have chances to trade and work with a lot of forex companies in the world. However, it’s hard for us to know anything about five top largest forex brokers, because we still didn’t have enough 100% data to rank. Luckily, we didn’t give up. We spent a lot of months researching and contacting some brokers to have the most exact and objective results. And good news is that you can place your trust on our list.

After all, we have a list of the 5 largest forex brokers in the world. We’re happy to share this with you.

Keep in mind that, this list is based on Forex trading volume only, so those big brokers who have low forex trading volume won’t be listed here.

1. Exness.com: $395 Billions.

2. XM.com: $320 Billions

3. Forex.com: $300 Billions

4. Saxo Bank: $300 Billions

5. FXCM: $220 Billions.

1. Which standard to rank the largest forex brokers?

Some brokers are ready to publish their trading volume. To have more trust, they were audited by the top 4 audit companies. My suggestion is to trade with these brokers because it’s evident and safe. However, some brokers don’t want to publish their trading volume, but I have methods to find out. I used some reliable resources such as statistic websites, financial news, and newspaper.

Some big brokers have a very high total trading volume such as: Forex.com and Saxo Bank but their forex volume are lower. Do you know why? They have provided many products like Crypto, Forex, Future, Commodities, and Stock… The total volume is high but Forex volume is lower.

Example:

Forex.com’s total trading volume is $500 Billions, but Forex volume is $300 Billions.

Saxo Bank’s total trading volume is $600 Billions, but Forex volume is $300 Billions.

2. Why should we trade with these largest forex brokers?

For beginners or experienced traders, they don’t have a deep and thorough understanding of forex market. While, a lot of scam brokers always use trickery to steal your money at all costs.  They will use bad and hidden tricks. If they have any intention of cheating you, you will never escape from them.

And bad news is that we can’t identify a scam broker in the beginning. They are very cunning. They will let you win at first time. This progress happens logically and naturally. When you win, you will want to deposit more. They tend to allow you win some times of trading forex. They aimed to building your trust and confidence. As usual, you will take precautions in the beginning. But later on, your awareness will be lost, so scam brokers will take everything from your account.

Read more about Exness scam

And the only way to avoid scam brokers is trading with the top largest brokers.

When they are largest forex brokers, hundreds of thousands of traders around the world will know them. Every action will be tracked and if something wrong happens, you will be aware of that kind of broker.

Only the best brokers can be largest brokers. Nowadays, we can share everything on the Internet and social media. So scam brokers can only cheat you once. There won’t be a next time for scam brokers to cheat you. Only reliable brokers can grow and become the largest forex brokers.

3. Which brokers should we trade with?

You can see, most brokers in the above-mentioned list are American and European brokers. So, if you are living there, it may be good and lucky for you. But what if you live in Asia, Africa, and Australia? Although they are all reliable forex brokers, we need to check more things like:

• Whether they are regulated in your countries.

• Can we deposit and withdraw by local payment systems?

• Do they have local support or languages?

• Do they have trading forex license?

• Is your service available to help you with your questions?

• How about trading conditions: spread, margin leverage, commission/fees/deposit, bonus or rebate?, such as: Exness accounts, Exness spread, Exness leverage

So, if you are living in Asia and Africa, Exness is the best choice for you.

Exness mainly aims at Asia and Africa. Their payment system is trustworthy. You can deposit and withdraw instantly and free, while other Asian brokers who don’t have local payment system will charge you from 1.7 – 4% of your deposit fee. Exness also has offices in most big countries such as: China, Indonesia, Thailand, Singapore, Malaysia, Cyprus, South Africa, India and Dubai. For other countries, they support online 24/7 with instant responses.

If you are living in US, Forex.com is the best option. They are reliable and leading in the US market.

If you are living in Europe, Saxo Bank and Exness are the best.

Let me say once again, here is the list of top largest forex brokers you can trust to trade with:

1. Exness.com: $395 Billions.

2. XM.com: $320 Billions

3. Forex.com: $300 Billions

4. Saxo Bank: $300 Billions

5. FXCM: $220 Billions.

HOW MANY REMARKABLE ECN FOREX BROKERS IN 2018?

As an experienced forex broker, I had the opportunity to work with a lot of traders. So, I have had many arguments about which broker is the best. However, the answer is not really clear until now. Seeing as US and UK brokers are more reliable than the rest of the world. Anyways, brokers in Cyprus are offering better trading conditions such as: lower spread, lower margin, better trading platforms and payment systems…. Therefore, I think I will outline some of the standards-based questions as well as 5 broker that I think is most prominent as identified in 2018 that you can choose and pick out a suitable broker by yourself. You can also see here is a small survey to see whether or not we have the same views.

Which criteria is used to evaluate a best broker?

I have a lot of articles to learn about this issue. Now here I only mentioned a few criteria that I consider to be most important. That is:

• Best reliable ECN forex brokers

• Lower trading cost:

  • Lower spread

  • Lower commission

  • Better payment systems to lower deposit and withdrawal fee.

  • Better rebate.

  • Better bonus

• Better Trading conditions: developing more trading platforms, lower slippages, better execution speed, lower swap or fee swap.

• Better local supports

• Better quotes.

How do you know that it is a trustworthy broker?

I sincerely recommend that the most important thing is whether the broker has at least one regulation issued by reputable institutions in the world? If you are not sure I can tell you some of popular regulations like: CySEC, FCA (UK), DFSA (Dubai), FSB (South Africa), ASIC (Australia), IFSC…

In my opinion, having many regulations is not a good thing. Regulations are profit/non-profit organizations what manage regulated brokers. Each regulation has their own regulations and regulated many things for a broker such as:

•    Maximum Leverage

•    Quotes quality

•    Broker’s minimum operation fund.

•    Bonus

•    Segregated accounts to protect clients.

•    Advertising messages to avoid misleading for traders…

In additions, you need to review some other elements as: TV, segregated account, company history, scam reports and their trading volume.

Xem 5 sàn forex lớn trên thế giới

For me, the best forex brokers are, the more reliable have and there are some:

• Exness is the largest retail forex brokers: $400 Billions monthly.

• XM Trading volume: $300 Billions monthly

• FxPro: $ 100 Billion monthly.

Who can offer the lowest trading cost?

As I see, almost US brokers often charge highest spread and commission. For example: FXCM charges from 1.7 – 2 pip for trading EURUSD.

For ECN accounts, among the typical faces like Exness, Fxpro, XM, IC market, FXTM….They charge from 0.0xx pip spread and from 5 – 7$ for each Lot. Exness charges lowest spread. Their spreads is from 0.0xx pip. Sometimes, their spread is zero.They only charge 5$ commission per lot while ICMarket charges from 6 – 7$, XM charges 6$.

I would like to add that I have traded at many brokers and Exness payment system is the best. Due to they offer up to 30 different payment methods. For local payment systems which are free-charged. As normal, you will take some hours to some days to withdraw. But in Exness, you can get your money within seconds and withdraw to your banks within minutes.

Learn more about Exness here.

Which broker have better local support?

In the forex trading market, supporting is very important. Since, forex trading is very complicated. Beginner need a lot supports and instruction as well. If brokers can support traders by local languages, it’s much easier for them.

As far as I know, most brokers only support online and by English. Exness supports 13 languages and 24/7, XM supports 30 languages and 24/7 and FxPro supports 19 languages.

Most of forex brokers have office in China, Thailand, Indonesia, South Africa, Malaysia, Vietnam, Iran, Russia, Arabic…For the countries that they don’t have regional offices, they support by live chat and phone.

What role do Bonus/ Rebates play?

In my view, most trading experts care are brokers’ credibility, spread, swap and payment systems. Therefore, they don’t like do not like rebates or bonuses. However, rebates and bonus are relevant to cost. An example, if you get 5$ rebate per lot. It means you are saving 0.5 pip spread (if trading XXX/USD).

At the moment, FXTM and XM are having attractive bonus programs for beginners that you can get 30$ welcome bonus when first times create accounts and get 100% bonus when depositing as well.

Get XM 30$ bonus here

Get FXTM 50$ bonus here

Have you ever wondered why US / UK brokers seldom offer bonuses? Because US/UK regulations don’t allow them offering bonuses as I mentioned in above.

What does best trading conditions say?

What type of Forex account do you think it is the best forex account for trading? That is the question that I asked 100 traders. And the result, There are 95% traders believe ECN account is the best account. But the reality is completely different, 80% of them are trading Market Maker and STP accounts.

I will explain what this paradoxical view is as follows:

As you know, the best strength of ECN account is low cost and transparency. What is its weakness? ECN is always volatility. Beginners never want to make mistakes, so it’s best to trade with STP and MM accounts to minimize the risk. Moreover, ECN slippages are higher. Quotes are not stable. There are more no-quote errors and gaps. The main reason that ECN is market, wild market where hundreds thousands traders are taking advantages, cheating each other. Therefore, trading with a company (Market Maker) and a bank (STP) as a matter of course.

Who has a better trading platforms?

As you may know, MT4 and MT5 are although 2 most popular platforms of trading. Their trading platforms aren’t compatible with some operation systems such as Windows Vista, XP. They also cannot install in some phones. While phones are increasingly used and are capable of replacing computers. That is the reason why many brokers have invested their own trading platforms which are more compatible to phones.

FxPro and XM are leading in developing/improving trading platforms.

Check XM trading platform here

Why the retail forex brokers quote are better?

Most traders I’ve ever met, they think that big forex brokers or liquidity providers will provide better quotes. But the truth is completely the opposite, these liquidity providers provide quotes by themselves. So, it isn’t stable, they also get a lot of no-quote, slippages and gaps.

However, 5 brokers which I will give shortly, they don’t provide quotes themselves. They get quotes from tens liquidity suppliers at the same time then choosing out the best quotes which will provided to retail clients. It’s much better because in case of one liquidity provider got quote problems, they will get quotes from others. As the result, they are always the best quotes among top liquidity providers.

Click to review more here.

I hope after reading this article you have your own judgments about the brokers. However, I will give the 5 broker that I think is the best I have promised from the beginning and compare it with your results.

Here are top 5 Best ECN forex brokers

No	Broker names	Regulations	Rating	Review
1	Exness	CySEC, FCA (UK)	8/10	Check it now
2	FxPro	CySEC, FCA (UK), DFSA (Dubai), FSB (South Africa).	7.5/10	Check it now
3	XM	CySEC, FCA, ASIC	7.5/10	Check it now
4	ICmarkets	ASIC (Australia)	7/10	Check it now
5	FXTM	IFSC	6.5/10	Check it now

 

 

WHO IS THE BEST FOREX BROKER IN THE WORLD PRESENTLY?

 Nowadays, the forex market is becoming more and more popular than ever and everyone is looking for the best forex broker. Everyday there are a large number of traders exchanging from all over the world. As a consequence, there are so many organizations that offer forex services, which are named forex brokers, aroused daily. For beginners, choosing a great broker to start trading might be quite a problem. That’s why today I’ll make a comparison among some well-known brokers and rank them based on 8 different categories so you can decide which one is the top broker in 2018. One thing to bear in mind is that, this article is intended for Asian traders.

How can we assess a broker? The answer is the way they treat their traders. A good broker to cooperate with must give their traders high-quality trading conditions as well as customer services. Furthermore, transparency and security is a requirement. Finally, they have to guarantee the long-term profit for the traders. Never get deluded by the bonuses or promotions from small brokers. You must be aware that you can’t make any profit right away in the tricky forex market. It takes lots of time, effort, and strategy. That’s why the best brokers often offer little bonus for traders. Additionally, trading with small brokers may get you into more risks because they are less safe and professional.

Hopefully, after this article, you can make a good choice of a broker that suits your conditions and trading tactics most. (Or you can go here to find out the 5 best forex broker in present)

1.      REGULATION

It is of great importance for a forex broker to get license from a trustworthy organization. The license is the evidence that the broker has satisfactory standards, reputation, and capability. There are some popular and trusted certificates such as ASIC (Australia), CySEC (Cyprus), FSA (Japan), CFTC (United States), NFA (also United States), and FCA (United Kingdom). A license is capable of guaranteeing the safety of traders but remember that it can only be used in some areas. For instance, a broker that has the FCA certificate cannot protect their clients in Japan. Therefore, being regulated by many doesn’t make that broker better. However, it’s always better to ensure that your broker has license than none.

On the other hand, a license will limit many things for a broker. They will have to offer higher spread, lower leverage, less trading tools, and higher minimum deposit… This clearly proves that having many licenses is not good at all. One credible certificate is enough.

Because almost every big broker owns at least one reliable license, I can’t say which one is better in this category. But there is one point you need to know, those organizations only grant license to large international brokers, so don’t trade with small, unpopular ones.

2.      TRANSPARENCY & SECURITY

It is necessary to know as much as possible about your broker. The forex market is a complicated place. There are scammers anywhere on the internet, so it’s best that you choose a broker that is clear to you about their financial reports and performances. So far, only two brokers can show their customers everything about them, which are Exness and FxPro. You can easily view their financial reports or other information right on their website. Exness even exposes more of their transparency to an absolutely whole new level when they reveal their total financial fund in the bank. At the present, their fund is 4 times more than the deposit of their clients so there is no point to worry about losing your money in case of technical problems or crisis while trading with Exness. Besides, most brokers promise to make up for their clients in case unexpected problems occurs. One more thing to note is that you should also check the audit of your broker to make sure that their account is carefully inspected every year.

OPEN AN ACCOUNT AT FxPRO TODAY!

3.      TRADING VOLUME

Why is it important to review the trading volume of a broker? It’s very simple for a reason. The more traders comes to work with that broker, the more trusted they are. So, if traders from around the world choose to trust them, why shouldn’t we?

So here are some of the monthly trading volume of big forex brokers.

Exness: $323 billion per month.

Hot Forex: $280 billion per month. OPEN AN ACCOUNT AT HOT FOREX TODAY!

Forex.com: $185 billion per month.

FXCM: $108 billion per month.

From the statistics above, we can see that Exness has the most trading volume. Does this mean it is the best forex broker in the world market? Let’s find out in the next criteria.

4.      CUSTOMER SERVICE

The forex field is surely not a piece of cake to us all, so the broker’s customer service is really vital. New traders constantly need support and instructions. A great broker is one that is always available and can help customers with anything. Moreover, language is also the key. Not all traders are good at English or can fully understand it, so it’s better for a broker to be able to help customers in different languages. There are some big brokers that have excellent customer care (24/7 service, multiple languages) like Exness, FBS, FxPro, and XM.

5.      COST & FEE

When it comes to cost and fee,I mean the spread and commission that a broker gets from their traders. Obviously, no traders want to be charged too much when trading so it is advisable that forex brokers keep their spread and commission as low as possible. For the most popular currency pair, which is EUR/USD, some big brokers’ spread is as low as 1.1 pip, like Exness, Hot Forex, and FBS. XM and FXTM’s spread is a little bit higher, 1.7 pip.

Most brokers don’t charge any commission for the normal accounts. But when it comes to ECN account, the spread is almost none, so they have to charge commission (For the best ECN broker, click here). Exness is presently the leading broker in this aspect. They charge only $2.5 for each lot, which is the lowest price of all.

6.      WITHDRAWAL/TRANSFER SYSTEM

Withdrawal time is always of great concern to any trader. For local brokers, the time is shorter but they are not reliable. When trading with overseas brokers, it is safer but the withdrawal process may take you excessively long time. What you need is to find a trader that is the fastest so that you can continue with your trading strategy. From my own experience, I recommend Exness since they have all this work done automatically, thus the time to perform these kinds of tasks is only millisecond. When it comes to withdrawal or transfer time, Exness has no competitor in this field.

7.      LEVERAGE

Apparently, all traders like brokers with high leverage. The higher, the better. Nonetheless, forex brokers in Japan, United States or United Kingdom have to offer low leverage since they are strictly controlled by these countries, just as I mentioned above. As a matter of fact, traders mostly don’t choose to cooperate with brokers with too many licenses. Here are some brokers with the best leverage:

Exness: For accounts with less than $1000 and having traded more than 5 lots, the leverage is unlimited. For accounts with over $1000, it is 1:2000 top.
Open an Exness account to check their leverage now!

Hot Forex: 1:1000 top.

FBS: 1:1000 top.

XM: 1:888 top.

These may be considered the best forex brokers to trade with in terms of leverage.

8.      MINIMUM DEPOSIT

This field is of great importance when you are just a small or even a beginning trader. As a newbie, you surely don’t want to invest too much money in your account because 90% of new traders will lose all their money in the beginning. Brokers that offer accounts which only require a small deposit is definitely the better choice for you. Here are some:

Exness: only $1.

FBS: only $1.

Hot Forex: $5.

I hope this article can help you decide which broker is the most suitable for you. Of course, each broker has their own strength and weakness. It is you who decide who to go with. If you are just a beginners in the forex market, you can read this article to know what type of account is the most suitable for you.

EXNESS CENT ACCOUNT – THE BEST FOR BEGINNERS

 According to a research, approximately more than 90% beginners failed when they first started trading due to the complicating nature of forex market. This explains why most beginners are recommended to start with a forex demo account for a few months before officially investing their money in the trading market. From my perspective, as logically as this method may sounds, I would not say it is the best practice. Based on some prominent researches, it is stated that traders who are successful with demo account have the tendency of losing more with real accounts. The ugly truth is that best forex brokers want beginners to win with demo account and lure them with attractive trading conditions such as lower spread, lower volatility, better execution and prices, etc.Newcomers who are winning with demo account will therefore become over confident and believe that they would experience no problems with the real account.   Little do they know, real accounts are nowhere near as easy as demo ones and they would have to spend another few months getting used to trading by real accounts. In other words, traders who go through the same mistakes will waste more time practicing due to the wrong approaching method.

As you can see, starting your career with the right approach is utterly important, and I would highly recommend you to use real trading accounts from the beginning. In this category, Cen account would be the best trading account for beginners because:

– Cent account is a real account that provides you with real trading conditions including real spread, real prices, real volatility, slippages, etc. In short, winning with Cent account means that you can win with other account types too.

– Trading by Cent account build up your discipline since following risk management is strictly recommended or else you might lose all of your fund almost instantly.

– Cent account is the best account for beginners since they have to trade with Cent Dollars. To explain, traders can deposit 10$ and receive 1000 USC in their account. And with 1000 USC, they can open hundreds of orders for practicing purpose. Not to mention, since it is a real account, traders can withdraw money and profit whenever they want. Provided that they might lose all of their 10$ deposit yet it is only 10$, which is worth for a full month of practicing. This low-budget practicing style provide newcomers with real trading conditions and motivate them to study harder since it is real money they are trading with.

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Why Exness Cent account is the best for forex trading beginners?

Evidently, it is a fact that large forex brokers do not offer Cent accounts. Nevertheless, I would not advise you to trade with small brokers either since large brokers offer better trading conditions. But Exness is a different story.  They are one of the biggest retail forex brokers in the field and remains exclusive for offering Cent account.
You can check their trading volume here.

Please note that, Exness reports are audited by Deloitte, which is a well-known independent audit company. Therefore these reports are completely trustworthy.
To find more about Exness auditing, click here.

Since beginners are not the target audiences of Exness, they limit the number of practicing orders down to 1 – 2 month with the best brokers and best trading conditions. These are the reasons why Exness’ Cent account is the best for you:

– First of all, Exness is the biggest retail forex broker with the best reputation in the field.

– Secondly, Exness Cent account does not require a minimum deposit rate, which means that you can deposit as little as $1 or however you want. This is an important feature since most beginners would avoid depositing too much when they start.

Learn more about Exness account here.

– Thirdly, traders can open positions at an extremely low rate such as 0.01 Cent or 0.0001$. This is the lowest minimum position value in the market. Low value is very beneficial for beginners since there is a 90% chance that they might lose during their first months of trading. The purpose of this stage is still practicing solely, therefore the lower the order’s value is, the more orders beginners can practice. With this low minimum of order value, a trader can practice from 1 – 3 months with $10 only.

– Fourthly, Exness Cent account offers the highest leverage which leads to lower margin. Therefore, traders will have more free margins to keep their orders open.
Find out more about Exness leverage here.

– Fifthly, you can deposit or withdraw from Cent account by local payment methods or banks almost instantly. This is a very easy and convenient feature for beginners.

– Finally, Exness provides support with local languages, which is very important for beginners. Forex trading is a complex market so most traders, even professional ones, might have have a lot of questions at times that only local language speaking supporters can help them. Exness supports many countries in their local languages such as: China, Thailand, Vietnam, Malaysia, Saudi Arab, Iran, and English-speaking countries… which enhances their support service quality.

How to open Exness Cent account?

Discover how to open an Exness Cent account.

To open Cent account, you just need to provide an email and a phone number. The registration process is easy and takes up to one minute to complete only.