Forex trading is one of the most frequently used methods to earn money online in today’s world. This market is considered the largest one in terms of size and liquidity, and most importantly, the daily trading volume is more than 6.5 trillion dollars here. So, it is pretty obvious why a great number of people wish to try their luck in the Forex market and build a successful trading path. However, this process is not as simple and straightforward as you might think since you need to have a thorough understanding of the economic factors in order to properly predict currency price movements.
Given the immense advancement in technology, it has become possible to establish a lot of online exchange platforms where buyers and sellers will communicate and perform trading procedures. You need to pick out the most convenient options based on your needs and requirements, so it is essential to be careful in this process. Generally, every high-class platform will provide necessary services to visitors, but you must check their legitimacy in the first place to avoid getting scammed.
In this guide, we would like to review some of the best Forex trading platforms in Asia and point out all their beneficial characteristics. As a result, you will have the opportunity to easily select the most suitable platform for your preferences.
We want to start our list with one of the most popular trading platforms, called XM. It has been active in the financial industry for more than 10 years now, and we have to say that customer engagement has always drawn high numbers during this period. This is mainly induced by the fact that XM is run by a group of nearly 450 professional workers with enormous experience in investments and finances.
The platform is available in more than 30 languages and offers comprehensive trading tools as well as educational resources that make it an excellent choice for beginner and advanced traders alike. Due to its high-quality services, XM has managed to receive a lot of awards throughout these years, and it is rightfully considered one of the top trading platforms in Asia.
LiteForex is located in Majuro, Marshall Islands, and it is also a very famous platform for both newbies as well as expert traders. It is one of the oldest trading platforms in the entire market being established back in 2005, but we have to say that it has never lost popularity during these years. Visitors have a chance to access a wide range of financial instruments such as major FX pairs along with cross rates, oil, precious metals, and others.
Also, you will experience top-tier liquidity in commodities, Forex, and Stock markets. Despite being an offshore platform, LiteForex is often recommended to novice traders due to its user-friendly interface and ultra-fast execution speeds. Most importantly, advanced trading software programs are presented here such as Meta 4 and Meta 5!
eToro has also operated for many years in the Forex market with tremendous results and nowadays, it is one of the top trading platforms that offer access to low spreads and an array of tradable instruments across a number of popular asset classes. This platform has become famous for its copy trader software that allows people to utilize powerful social trading capabilities and copy from their favorite traders.
What’s more, the minimum deposit requirement is 50 dollars here which is an excellent opportunity for newbies to start trading. Also, you will take advantage of low spreads and high leverage in order to achieve desired results most of the time. Keep in mind that we are dealing with a 100% legit platform that carries a license from the industry’s leading regulators!
Last but not least trading platform we want to cover is called RoboForex which provides a wide range of top-class services in terms of advanced software programs as well as ultra-fast order execution. Institutional tight spreads start as low as 0.0 pips here and the broker serves more than 800 000 clients from 170 countries. Most importantly, you will come across a total of 18 languages when surfing this website, making it a perfect resource for traders from all over the world.
Moreover, RoboForex provides advanced trading software programs such as Meta 4, Meta 5, cTrader, and its own tool called RTrader which is suitable for both laptops and smartphones. Hence, if you wish to experience high-quality services, then RoboForex is certainly the right destination for you!