Forex Ask Forex News Rumors real time EURUSD GBPUSD AUDUSD USDJPY USDCAD USDCHF NZDUSD - Stay updated on the website -

Breaking

venerdì 20 aprile 2018

The Best And Trusted Forex Brokers In Singapore

The Best And Trusted Forex Brokers In Singapore
Forex broker

Forex trading is a profitable option, but you should know that it is a risky affair as well. As a resident of Singapore, it is important to know as to how you can cut down risk and improve profits. One thing you should definitely do to achieve this end is to work with a very reliable broker. It is not an easy task but read on to know how you can choose the right forex broker for meeting your goals.







Broker Info Bonus Open Account Min Deposit: $100Spread: From 1,5 PipsLeverage: 1:200Regulation: FCA UK (#186171), CySEC (#259/14) 25% Welcome Bonus up to $5,000 Visit Broker Min Deposit: $100Spread: Fixed and VariableLeverage: 300:1Regulation: CySEC, FSB Visit Broker Min Deposit: $1Spread: From 0 PipsLeverage: 3000:1Regulation: CySEC, IFSC $50 No-Deposit Bonus, 100% Deposit Bonus, Lucky T-shirt, iPhone 6s Plus Visit Broker Min Deposit: $5Spread: From 1 PipsLeverage: 888:1Regulation: ASIC, CySEC, FCA (UK), BaFin, CNMV 15% Welcome Bonus, Loyalty Program Bonus Visit Broker Min Deposit: $10Spread:Leverage:Regulation: CySEC - Visit Broker Min Deposit: $200Spread: Starting 0 PipsLeverage: 500:1Regulation: ASIC Australia, FCA UK Visit Broker Min Deposit: $300Spread: floating, from 0 pipsLeverage: 500:1Regulation: FCA UK reference number 579202 Visit Broker Min Deposit: $5Spread: From 0.2 PipsLeverage: 500:1Regulation: FSA (Saint Vincent and the Grenadines), FCA UK (#679306) 50% Deposit Bonus Visit Broker Min Deposit: $250Spread: as low as 0.1 pipsLeverage: up to 400:1Regulation: ASIC Australia and FCA UK Visit Broker Min Deposit: €100Spread: The Spread can be as low as 0.01%” (0.01% = spread for EUR/USD)Leverage: 1:294Regulation: ASIC, CySEC, FCA (UK) Visit Broker How to Choose Forex Brokers in Singapore

Singapore is a high tech country and it is probably one among the richest in the Asia Pacific region. Statistics reveal that the forex trading volumes are the highest in Singapore after New York and London. This shows that the thriving economy offers excellent opportunities to Singapore forex traders.

That said, some of the key aspects to be considered when choosing a broker in Singapore as follows:
Regulation
Trading platform software
Spreads and commissions
Account types
Customer service
Additional services

Regulation in Singapore

In Singapore, the agency responsible for regulating the currency market is the Monetary Authority of Singapore (MAS). Brokers wanting to provide financial services in Singapore have to be licensed by the agency. The MAS is the country’s Central Bank. Regulated forex brokers are required to keep theirs and clients’ money in segregated accounts. This is to limit clients’ risk in the event of the broker going bankrupt.

Other rules that MAS-regulated brokers are required to comply with include the complete disclosure of all products and services that are offered by them. The regulator provides a lot of educational material and a special program called MoneySENSE for investors. This is to enable Singapore traders to make rational as well as independent decisions related to investing. Therefore, Singapore traders must choose only a broker regulated by MAS.

Trading Platform Software

A trading professional works independently. As you are your own boss, you can decide the working hours on your own. However, it is important that you have technologically advanced and professional trading platform. All platforms out there are not the same. Some are good, but some not good for trading at all. If you can spare some time, the best way to choose a platform is by trying out many platforms. You should opt for an easy-to-use platform with several useful features.

When it comes to simplicity, you should be able to quickly determine the function of each button. Features include a good quality chart station that offers a variety of charts for comparing instruments and checking their values with respect to different time frames. Other features required are multiple indicators, the capability to write notes, ability to close the entire position in one click, strategy testing capability, news feed, and copy trades function.

Spreads and Commissions

The fee levied for transactions in the forex industry are different from that in other financial markets. Forex brokers make money through spreads which may be fixed or variable. In the case of fixed spreads, it will be approximately 1 to 4 pips and 5 to 15 pips for major currency pairs and crosses, respectively. In the case of variable spreads, they remain smaller during normal market conditions but become larger when some fundamental news causes volatility in the market. They remain at the higher level only for a couple of minutes. When the market returns to normalcy after absorbing the new information, the spreads come back to the original levels.

Types of Accounts

Reliable brokers often offer different accounts options to cater to the needs of different customers. They are as follows:

#1: Demo Account

If you are new to trading, you need to practice and do some testing. A demo account helps you to do that. It also helps you to find out as to how your trading strategies will work when used in real market trading conditions. You can do all these without risking your money.

#2: Micro Account

For trading currencies, you are not required to invest millions of dollars. Most brokers allow you to open a micro account and invest less than $100 in the market. This account option best suits beginners as they can test waters and the loss will not be much even if they make mistakes in the initial stages.

#3: Mini Account

A mini account is the successor of micro account. The lot size is 10,000 and depending on the leverage offered by the broker you can open an account with just $100 to $200. It is better to invest at least $1,000 to $2,000 if you want to trade with confidence without worrying about the margin call.

#4: Standard Account

The lot size for standard accounts is 100,000 and you need about $1,000 to $2,000 to open an account. Of course, it depends on the leverage that the broker offers as well. You need to make an initial deposit of $10,000 to $25,000 in order to trade comfortably.

Many brokers also offer VIP accounts, depending on your investment capability and trading style.

Customer Service

Customer service reflects the broker’s character. If the customer service department is not quick and efficient in dealing with your issues, it is better to look for another broker. As a Singapore resident, you should look for brokers that can provide customer service in the local language. Many foreign companies (some of them could be scammers) may not be able to provide customer service in the local language. Be wary of such brokers.

Special Services

Brokers often compete with one other to win customers. They offer a lot of special services for this purpose. Special services may include free webinars, daily and weekly analyses of different financial instruments, news feed from popular financial news providers such as Reuters, Bloomberg, etc. These are actually very helpful to novice forex traders.

Final Thoughts

Singapore traders must look into the various aspects discussed above when choosing a forex broker. You should evaluate each of the shortlisted brokers operating in Singapore on these lines to make sure that you are picking up the right one to associate with. This is because a forex broker can make or break your investment.

forex broker uk
forex broker salary
forex broker jobs
forex brokers for beginners
forex broker scams
forex broker london
forex broker reviews uk
forexbrokerz
forex broker job description
forex broker spread comparison
forex broker
forex broker affiliate
forex broker cpa
forex broker accepting bitcoin
forex broker affiliate program
forex broker accept paypal
forex broker api
forex broker awards
forex broker arbitrage
forex broker app
forex broker awards 2017
forex broker albania
become a forex broker
starting a forex brokerage
choosing a forex broker
start a forex brokerage firm
a good forex broker
what does a forex broker do
how does a forex broker make money
what is a forex brokerage
a list of forex brokers
how to be a forex broker in malaysia
forex broker business plan
forex broker best
forex broker bonuses
forex broker bank
forex broker business model
forex broker bonus offers
forex broker bonus 2018
forex broker btc
forex broker business plan pdf
forex broker bangladesh
b forex broker review
b forex broker inc
b forex broker inc review
b book forex broker
forex broker comparison uk
forex broker commission comparison
forex broker canada
forex broker cryptocurrency
forex broker comparison singapore
forex broker canada reddit
forex broker company for sale
forex broker crypto
forex broker cent account
forex broker demo account
forex broker definition
forex broker dubai
forex broker deposit bitcoin
forex broker deposit bonus
forex broker dealer
forex broker di malaysia
forex broker debit card
forex broker demo contest
forex broker directory
forex broker ecn
forex broker europe
forex broker eu
forex broker exness
forex broker easy withdrawal
forex broker england
forex broker earnings
forex broker exotic currencies
forex broker etoro
forex broker execution times
e global forex broker
etoro forex broker
e-micro forex futures brokers
forex brokers e fisco italiano
forex broker for us residents
forex broker for beginners
forex broker free deposit
forex broker fee
forex broker free money
forex broker for canadian
forex broker fast withdrawal
forex broker for scalping
forex broker forum
forex broker fixed spread
forex broker germany
forex broker gives free dollar
forex broker gmt 0
forex broker gmt time
forex broker guaranteed stop loss
forex broker guide
forex broker gibraltar
forex broker ghana
forex broker global
forex broker gold
forex broker hong kong
forex broker high leverage
forex broker house list
forex broker hedge fund
forex broker house in bangladesh
forex broker house
forex broker hedging allowed
forex broker how to become
forex broker highest volume
forex broker holland
forex broker in uk
forex broker in india
forex broker indonesia
forex broker in usa
forex broker in pakistan
forex broker in malaysia
forex broker in philippines
forex broker in singapore
forex broker in dubai
forex broker in nigeria
i migliori forex broker
i migliori broker forex italiani
forex broker jafx
forex broker jobs london
forex broker journal
forex broker japan
forex broker jobs in dubai
forex broker jobs singapore
forex broker java api
forex broker job description and qualifications
forex broker killer
forex broker killer edition
forex broker killer app
forex broker killer facebook
forex broker killer one minute strategy
forex broker killer modifications
forex broker killer pdf
forex broker killer edition facebook
forex broker killer edition pdf
forex broker kuwait
uk forex brokers
uk forex brokers list
uk forex brokers mt4
uk forex brokers bonus
uk forex brokers mt4 reviews
uk forex broker awards 2012
uk forex broker low deposit
uk forex brokers ecn
uk forex brokerage
best uk forex broker for scalping
forex broker license uk
forex broker latency comparison
forex broker license
forex broker license for sale
forex broker leverage
forex broker lowest commission
forex broker list in bangladesh
forex broker low deposit
forex broker low spread
forex broker micro account
forex broker maximum lot size
forex broker malaysia
forex broker minimum deposit
forex broker mt4
forex broker malaysia review
forex broker mt5
forex broker micro lots
forex broker mastercard
forex broker market maker
forex broker no deposit bonus 2018
forex broker new zealand
forex broker nz
forex broker no commission
forex broker news
forex broker ninjatrader
forex broker not market maker
forex broker nigeria
forex broker negative balance protection
forex broker no swap
forex broker oanda
forex broker offering bonus
forex broker of the year
forex broker offer debit card
forex broker office in india
forex broker open 24/7
forex broker oil
forex broker offers
forex broker overview
forex broker offshore
o spread forex broker
opinie o brokerach forex
opinie o brokerze forex
forex broker philippines
forex broker paypal
forex broker pantip
forex broker pro
forex broker pakistan
forex broker platform comparison
forex broker prepaid card
forex broker promotions
forex broker paypal deposit
forex broker price manipulation
forex broker quebec
forex broker qualifications
forex broker quora
forex broker qatar
forex broker quotes comparison
forex broker quotes
forex broker questions
forex traders quotes
forex broker interview questions
forex broker re quote
forex broker reviews 2017
forex broker ranking
forex broker regulation
forex broker ranking 2017
forex broker reddit
forex broker ripple
forex broker reviews 2018
forex broker registration
forex broker rest api
forex broker singapore
forex broker south africa
forex broker spread
forex broker server
forex broker search
forex broker sydney
forex broker server time
us forex broker
us forex brokers 2017
us forex brokers mt4
us forex brokers mt5
us forex brokers 2018
us forex broker list
us forex brokers with high leverage
us forex broker lowest spreads
us forex brokers that allow hedging
us forex broker comparison
forex broker types
forex broker thailand
forex broker top
forex broker that accepts bitcoin
forex broker that accept paypal
forex broker top 10
forex broker trusted
forex broker terpercaya
forex broker that trades bitcoin
forex broker trinidad
forex broker usa
forex broker uae
forex broker united states
forex broker using paypal
forex broker us residents
forex broker us clients
forex broker using kwd currency
forex broker unlimited demo account
forex broker usd index
u.s. forex brokers
forex broker vs stock broker
forex broker vacancies
forex broker vergleich 2017
forex broker volume
forex broker vs dealer
forex broker vps
forex broker venezuela
forex broker visa card
forex broker vancouver
forex broker vietnam
forex broker with low spread
forex broker with bonus
forex broker without verification
forex broker with low minimum deposit
forex broker with welcome bonus
forex broker with free bonus
forex broker with debit card
forex broker website template
forex broker with bitcoin
forex broker with zero spread
forex brokerzy w polsce
forex broker xm
forex broker australia xtrade
forex broker mac os x
xm forex broker review
best forex broker australia xtrade
xtb forex broker
xtb forex broker review
xcfd forex broker
xe forex broker
xm forex broker malaysia
bforex company
xforex forex broker
broker xforex
x trade brokers forex
forex broker you can trust
forex broker yang bagus
forex broker youtube
forex broker yang aman
broker forex yang boleh dipercayai
broker forex yang terbaik
broker forex yang bagus di indonesia
broker forex yang aman di indonesia
broker forex yang halal
broker forex yang ada bonusnya
brokers in forex edson cano
forex broker zero spread
forex broker zkušenosti
broker forex zulutrade
forex broker time zone
forex broker license new zealand
forex broker with gmt time zone
zar forex broker
best forex broker for zulutrade
forex podatek zagraniczny broker
forex broker 0 spread
forex broker 0 pip spread
forex broker 0.001 lot
forex broker 0.5 spread
forex broker 0.01 lot
forex broker 0 pip
0 spread forex broker
gmt 0 forex broker
0 spread forex broker in india
0 pip spread forex broker
forex broker 1000 leverage
forex broker 100 deposit bonus
forex broker 100
forex broker 1 pip fixed spread
forex broker 100 welcome bonus
forex broker 1 pip spread
broker forex 1 pip
forex broker top 100
forex broker leverage 1 1000
#1 forex broker
no.1 forex broker in the world
tier 1 forex broker
number 1 forex broker
1 pip forex broker
1 1000 leverage forex broker
500 to 1 forex brokers
1 pip fixed spread forex brokers
forex broker 2018
forex broker 2017
forex broker 24/7
forex broker 2015
forex broker 2014
forex broker 200 bonus
forex broker 2000
top forex broker 2015
forex broker ratings 2015
top forex broker 2014
gmt 2 forex broker
tier 2 forex broker
level 2 forex broker
forex broker gmt+3
broker forex bonus 30
3tgfx forex broker
3tgfx forex broker reviews
top 3 forex brokers
gmt+3 forex broker
forex broker 4 digit
forex broker 400 bonus
forex broker metatrader 4
forex broker inc metatrader 4
metatrader 4 forex broker
4xp forex broker
4xp forex broker review
4runnerforex forex broker
broker forex 4 digit terbaik
4 digit forex broker
metatrader 4 forex brokers
metatrader 4 forex brokers reviews
best metatrader 4 forex brokers
forex broker 500 leverage
forex broker 5 decimal
broker forex 5 digit
forex broker metatrader 5
broker forex plus 500
broker forex bonus deposit 50
best forex broker metatrader 5
broker forex 5 digit terbaik
broker forex gratis $5
forex broker 500 1 leverage
top 5 forex brokers
top 5 forex brokers in the world
5 decimal forex broker
5 star forex broker
metatrader 5 forex brokers
5 digit forex broker
top 5 forex brokers in south africa
top 5 forex brokers uk
top 5 forex brokers in india
top 5 forex brokers 2015
broker forex 6 digit
6 digit forex broker
24/7 forex broker
top 8 forex brokers

Nessun commento:

Posta un commento


inappropriate comments will be removed Admin ForexAsk.todoay