Monfex is one of the most exclusive and premium brokerage companies for those who look for the best Forex trading in Asia experience. The broker provides access to more than financial instruments on its advanced trading platforms. Monfex operates in 25 countries including the Asian region and is regarded as one of the top Forex brokers in Asia for numerous reasons. Firstly, the broker has 7 rows · ForexTime (FXTM) (This is our recommended broker) ForexTime (FXTM) is a highly popular broker Account Type: Live Account 13/07/ · Below is the detailed guide to online forex brokers based in the country and regulated in Singapore, Malaysia, China, India, Thailand, Indonesia an Philippines. You can go over the Asian Forex brokers reviews rating and comparison we have collected in this section and find the list of top ten Forex brokers in the region for foreign exchange blogger.comted Reading Time: 3 mins
List of the best Forex brokers in Asia and guide to finding them
Best Regional Regulator. Legal FX Countries, best forex broker in asia. Popular Trading Asset. Bonus Avalibility. Asian Forex traders are one of the most active participants in the Forex industry. Hence, the list of Forex brokers in Asia is extensive and includes the top options for both beginner and advanced traders. There are multiple high-authority market regulators in the region which allow the traders to trade with reliable Forex brokers in Asia. Some of the most renowned regulatory authorities in the Asian region are the Securities Commission of Malaysia SCMMonetary Authority of Singapore MASthe Securities and Exchange Board of India SEBIbest forex broker in asia, the Dubai Financial Services Authority DFSAand the Financial Services Agency in Japan.
All of these regulatory authorities propose certain guidelines and market standards that all regulated Forex brokers in Asia have to follow. Furthermore, they implement the rules for GDPR compliance, AML anti-money laundering laws, and margin requirements in certain regions. Several authorities, such as SEBI in India do not allow Forex trading in currencies other than the national ones Indian rupee in this case.
Asian brokers are famous for their flexibility in trading conditions in contrast to the European brokers who are much more restricted. However, best forex broker in asia, it is important to distinguish between unregulated and licensed brokers in Asia.
To ensure that you trade with an Asian broker offering a high standard of security we recommend that you go for best forex broker in asia top 5 best Forex trading brokers in Asia listed below.
XM is one of the leading brokerages in Asia which offers a secure and best forex broker in asia trading experience. It is one of the best options for the best Asian Forex traders for a number of reasons. First of all, the broker is regulated by reliable regulatory authorities including Cyprus Securities and Exchange Commission, Australian Securities and Investments Commission, Financial Conduct Authority, and the International Financial Services Commission. Even though XM does not hold an Asian license at the moment, all four regulatory bodies, CySEC, ASIC, FCA, and IFSC are cooperating with Asian regulators such as FSA in Japan and DFSA in Dubai.
Furthermore, Best forex broker in asia offers Islamic trading account types for Muslim traders from Asian countries, best forex broker in asia. The XM Islamic account frees its clients from paying interest rates, such as swap fees or rollover charges on overnight positions. This account type is in full compliance with Shariah laws. Moreover, XM Islamic account has won an award for the best Islamic account of The website of the broker, as well as the customer support, is available in multiple languages including Chinese, Arabic, Japanese, and South Korean, best forex broker in asia.
In addition to it, the broker also supports various base currencies for traders from Asia and allows them to establish an account in Japanese yen JPY. XM is one of the top Forex brokers in Asia for its dedication to the best customer service. The broker offers a 30 USD no deposit bonus for all new registering clients from Asian countries without any investment requirements. Furthermore, Asian traders can start trading with XM for just a 5 USD minimum deposit. HYCM is one of the favorite brokers of Asian Forex traders.
It is a highly reputable brokerage company with an experience of over 40 years in the Forex industry. One of the advantages of trading with HYCM is the fact that the broker is regulated locally in Asia by the Dubai Financial Services Authority. In addition to the DFSA license, HYCM also holds three other licenses from CySEC, FCA, best forex broker in asia, and BaFin, best forex broker in asia.
HYCM operates in more than countries worldwide among which 15 are located in the Asian region. HYCM, as one of the best Forex trading brokers in Asia, offers its website interface language and customer support in 5 different languages including English, Arabic, Vietnamese, Polish and Swedish. Therefore, Asian traders have a diverse option in which language they would like to communicate or trade. The maximum available leverage with the broker is and the minimum deposit requirement is USD.
HYCM additionally offers a VIP live trading account for professional Asian traders with competitive and flexible trading conditions.
HYCM Asia also cooperates with China Union Pay best forex broker in asia traders residing in China. Monfex is one of the most exclusive and premium brokerage companies for those best forex broker in asia look for the best Forex trading in Asia experience.
The broker provides access to more than financial instruments on its advanced trading platforms. Monfex operates in 25 countries including the Asian region and is regarded as one of the top Forex brokers in Asia for numerous reasons.
Firstly, the broker has flexible leverage of up to Secondly, Monfex is registered and operates in accordance with the legal provisions of Saint Vincent and the Grenadines making it one of the most reliable brokers. Since Monfex is a regulated broker it has the authorization to operate within various jurisdictions worldwide including Asia. Monfex follows the GDPR compliance requirements set out by the top-tier market regulators, as well as KYC and AML standards.
Monfex has one of the simplest and the most user-friendly interfaces making it possible to establish a real trading account in just 15 seconds. Furthermore, withdrawals are extremely easy with the broker taking up to several minutes to withdraw using the above-mentioned methods from your account balance. Hence, the broker provides two-factor authentication and encryption security systems to ensure that the users and their financial resources are safe with the broker.
The only drawback of Monfex is the fact that the broker provides the website only in three languages — English, Spanish and Polish, best forex broker in asia. Milton Prime is another highly reliable Asian Forex broker which is recognized and valued by tens of thousands of traders globally. The broker holds several regulations and authorizations from international top-tier market regulators and offers a competitive trading environment to Asian traders.
One of the primary regulatory bodies that license Milton Prime is CySEC, which is a close partner of the Dubai Financial Services Authority DFSA. Milton Prime values Muslim traders from Asian regions and hence offers the best Islamic account conditions along with access to hundreds of financial instruments.
The Islamic accounts are exempt from rollover fees or overnight charges for positions placed by Muslim traders and offer accounts in full best forex broker in asia with Shariah laws. The Milton Prime clients can set up three different live trading account types or apply the Islamic account option to any of them.
Furthermore, the maximum leverage available to Asian traders with the broker is which applies to Forex, stocks, commodities, and other financial assets at Milton Prime.
The users of the broker can utilize the advanced trading tools and numerous indicators on the leading trading platform of MetaTrader 4. The WebTrader and mobile trading app are also at the complete disposal of Milton Prime Asia traders. Similar to Monfex, Milton Prime also does not support a great variety of languages on its platform and is available only in Spanish or English.
AvaTrade is a famous and beloved Forex broker of professional traders residing in Asia or any other continent worldwide. The broker is heavily regulated by eight different market regulators making it one of the most reliable Forex brokers globally.
AvaTrade is also authorized by the most influential regulatory body of the Asian region — the Financial Services Agency in Japan FSAas well as the Financial Futures Association of Japan FFAJ.
Along with the local regulations in Asia, AvaTrade holds licenses from the Australian Securities and Investments Commission, the Financial Services Conduct Authority in South Africa, the Financial Conduct Authority in the United Kingdom, etc. There are more than financial instruments at the disposal of AvaTrade clients with flexible leverage of for Asian traders.
It offers one of the most diverse trading platform portfolios including MetaTrader 4, MetaTrader 5, ZuluTrade, best forex broker in asia, DupliTrade, and two proprietary platforms of the broker — AvaTrade GO and AvaSocial.
The minimum deposit with the broker starts at US dollars for a Standard Account. The broker also supports Islamic trading on best forex broker in asia swap-free account types. One of the reasons why AvaTrade is the best Forex broker in Asia is the fact that the broker provides the website in Malay, Chinese, Japanese, Korean, and 20 other languages to choose from.
It is an indisputable fact that the best way to choose a high-quality Asian brokerage company is to seek an internationally acclaimed and reputable Forex broker with authorization in several jurisdictions. In general, best forex broker in asia, the more licenses a broker has the more reliable and safe it is. All of the brokers that we have discussed in the article are international companies with authorization to operate in almost every corner of the world. Even though half of their customer base comes from Asia, they do not discriminate against nationalities and provide the same quality service to all traders worldwide.
Asian Forex traders should look out for several things when they are looking for the best FX brokers in Asia. First of best forex broker in asia, the broker should be licensed and regulated. It is very unsafe to trade with unregulated Forex brokers in Asia. Secondly, traders should look for the pricing of the brokerage services. Ideally, they should look for the low-spread Forex brokers with 0 or very low commission levels. Finally, the top Forex broker in Asia should provide free educational resources, advanced trading tools, highly enhanced trading platforms MT4, MT5 or WebTradersbest forex broker in asia, and offer a dedicated customer support team, best forex broker in asia.
The best Asia Forex brokers will always put an extra effort to provide the best trading experience to its existing and new registering clients. All Forex brokers that we have listed above in the article are part of the top 10 Forex brokers in Asia and satisfy the requirements that we have just mentioned. You can look for more broker options manually according to the same criteria. Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website.
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Tap into emerging trends in Asian Forex Market. Start with XM's No Deposit Bonus ��. Runners up: ASIC, FCA, CySec. Based on research in Top 5 Forex Brokers in Asia. Trading Platform:. Deposit to Qualify. Sponsorships Remaining. Milton Best forex broker in asia. Profit Share Slots.
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03/09/ · The best rated Asia Pacific broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is Another top rated Asia Pacific broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0. Please note that any cryptocurrency In that case it is necessary to define the best broker of Asia. Choosing ‘the best of the best’ implies a selection brokers through the most importent parameters. The best broker definitely should occupy the leading possitions among the forex market traders for a long time 7 rows · ForexTime (FXTM) (This is our recommended broker) ForexTime (FXTM) is a highly popular broker Account Type: Live Account
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