It’s not difficult to find a broker that can make you feel secure and at ease. It is just a matter of considering the essential aspects of finding an honest and reliable Forex broker. A reputable forex broker is legitimate and law-abiding, wholly dedicated to its customers and their experience within the business is a testimony to its reputation. A reliable broker will provide high-quality assistance, quick withdrawal and deposit methods, and specific trading conditions, so you can relax your shoulders and put on your professional trading career.
Finding a reputable forex broker is your top most crucial goal to ensure that you are successful in trading. For more information about each trusted forex broker, go to the forex broker reviews page and check the trading options, such as account types, platform spreads, and more.
XM Forex Malaysia – XM Broker Review:
XM Malaysia was founded in 2009 and managed by Trading Point Holdings Ltd. It is among the most well-known Forex brokers around the globe that is licensed and monitored by four different regulators, namely CySEC (Cyprus), ASIC (Australia), IFSC (Belize) as well as FCA (UK).
It’s large and knowledgeable Forex broker serves over 2,500,000 customers from 196 nations. XM has achieved numerous high-profile awards in the field, including the best FX broker in Europe in 2017, according to World Finance Magazine, and the Best FX Service Provider of 2019 through the City of London Wealth Management Awards.
At XM, clients’ funds are kept separate from the company’s funds in banks that are tier-1. XM assures that the company does not utilize the client’s funds under any conditions.
FP Markets Malaysia – FP Markets Broker Review:
First, Prudential Markets LLC operates FP Markets as a component of the FP Markets group. Since its founding at the end of 2005, the business has grown to become a leading CFD services provider within Australia and a renowned Forex broker globally. FP Markets takes pride in providing online trading services via high-end financial institutions in various trading instruments, including shares, forex, indices commodities, cryptocurrencies, and commodities.
Islamic Account:
FP Markets Malaysia completely understands that Muslim clients have certain limitations in their trading activities. Therefore, a swap-free Islamic account is offered upon request following opening an account with MetaTrader 4 or MetaTrader five trading account. When using a charge that is account that is a swap-free Islamic account, investors can trade without swaps for the first five days. They will be charged each night if they decide to hold their positions for more extended periods and incur an administrative fee starting at 1 USD. Be aware that the cost is different for different currencies.
Broker forex is as observed and appreciated.
OctaFX Malaysia – OctaFX Forex Broker Review:
OctaFX is a broker worldwide offering a variety of instruments for trading. OctaFX operates in full accordance with international laws and regulations and provides the security of funds and negative balance protection for more than 6.6 million trading accounts worldwide.
Its OctaFX.com website has been registered as Octa Markets Incorporated, established in St. Vincent and the Grenadines, and allows clients to benefit from greater leverage and bonuses.
Public.com The best Forex broker overall:
Pros
One fractional share of investing
25+ cryptocurrencies
Free stock trading and ETF trading
$0 account minimum
Cons
Limited to ETFs, stocks, and cryptocurrencies.
Forex Market Variety: 4.9/5
Public.com offers more than 30 cryptocurrency coins, giving you the range required for your trading and investment requirements. A few of them include Algorand, Bitcoin, Cardano, and Chainlink.
Similar to Acorn, like Robinhood and Robinhood, Public.com lets retail investors buy fractional stock shares for as low as $1. Investors have access to more than 25 stocks and coins, which span hundreds of markets in finance.
As you’d expect, given their names, Public.com is focused on investing in communities. You’ll be able to mirror the market movements of profitable site members, eliminating a lot of the uncertainty from Forex trading.
Commissions & Pricing: 4.8/5
Since they provide \ commission-free stocks and ETFs, you’ll be able to take home every penny of earnings you make. In addition, Public.com lists a $0 account minimum, which means you don’t need to put down any money if you decide that this platform isn’t for you.
However, their offerings are restricted to stocks, ETFs, and crypto. If you’re looking to purchase or sell CFDs, bonds, or other options, you’ll need to choose a different brokerage to invest in.
Customer Support: 5/5
Contact Public customer support via email. In addition, chat support will be available between 9:00 am and 5:00 pm ET, from Monday through Friday, to address any concerns you might have.