Abstract:If you're looking to trade Forex in Asia, you're in excellent company. As retail Forex trading continue to surge globally, Asia stands out as one of the most dynamic regions for Forex trading, thanks to its rapidly growing markets. To help you navigate this exciting landscape, WikiFX has compiled a list of the top 5 Asian Forex brokers you should consider. These brokers are recognized for their reliability, regulatory compliance, and robust trading platforms.
1. FXCM
WikiFX Score: 9.45/10
Founded in 1999 and headquartered in London, FXCM is a prominent name in the retail forex industry. With additional offices in countries such as Australia, Germany, Hong Kong, Japan, and the United States, FXCM boasts a truly global presence. It operates under strict regulations from top-tier financial authorities including the FCA (UK), ASIC (Australia), CYSEC (Cyprus), FSCA (South Africa), and ISA (Israel). This regulatory oversight ensures that FXCM adheres to high financial and ethical standards. The broker has a well-established reputation for managing client funds securely and responsibly.
2. IC Markets Global
WikiFX Score: 9.06/10
IC Markets Global, established in 2007, is an Australian forex and CFD broker renowned for its comprehensive trading solutions. Regulated by the Australian Securities and Investments Commission (ASIC), IC Markets provides access to a wide array of trading instruments including forex, indices, commodities, and cryptocurrencies. Traders benefit from advanced platforms like MetaTrader 4, MetaTrader 5, and cTrader. The broker also supports 24/7 customer service and offers extensive educational resources to help traders of all levels succeed.
3. XM
WikiFX Score: 9.04/10
XM, based in Cyprus, is a well-regarded Forex and CFD broker regulated by several prominent financial authorities such as ASIC, CYSEC, FSA, FSC, and DFSA. Offering a diverse range of financial instruments including cryptocurrencies, stocks, metals, and indices, XM caters to a broad spectrum of trading needs. The broker provides access to multiple platforms including MT4, MT5, and the XM mobile app. With four different account types, a free demo account, and 24/7 customer support, XM is a strong contender for traders seeking flexibility and comprehensive support.
4. ATFX
WikiFX Score: 8.69/10
Established in 2014, ATFX is a global online forex and CFD broker offering a variety of markets including forex, precious metals, crude oil, and indices. With account types ranging from Standard to Premium, ATFX accommodates different trading styles and budgets, starting from a minimum deposit of $100. The broker supports MetaTrader 4 (MT4) and features its proprietary ATFX Mobile Trading App. Additionally, ATFX provides a demo account for new traders to practice before committing real funds.
5. FOREX.com
WikiFX Score: 8.46/10
Founded in 2001, FOREX.com is a well-respected global forex broker with a strong regulatory framework. It is licensed and regulated by several prestigious authorities including ASIC (Australia), FCA (UK), FSA (Japan), NFA (USA), CIRO (Canada), and MAS (Singapore). FOREX.com offers a solid trading environment with access to a wide range of forex pairs and other financial instruments. The brokers commitment to regulatory compliance and client protection makes it a trustworthy option for traders worldwide.
The main trading dashboard account of a trader for LQH Markets was completely deleted by a broker. The trader is not being offered any access to their funds or profits. This incident shows the risks of trading markets and brokers and the importance of protecting your funds without relying on any broker.
According to report, the Cyprus Securities and Exchange Commission (CySEC) announced today that it has entered into a settlement agreement with ZFN EUROPE Ltd for the amount of €20,000. This settlement resolves a regulatory inquiry into ZFN Europe’s compliance with Cyprus’s Investment Services and Activities and Regulated Markets Law of 2017, as amended.
PrimeXBT launches stock CFDs on MetaTrader 5, offering shares of major U.S. companies with crypto or USD margin for enhanced multi-asset trading.
FXTM and AvaTrade are two well-established online brokers offering forex and CFD trading across global markets. Both enjoy strong reputations and high ratings on WikiFX—FXTM holds an AAA overall rating, while AvaTrade scores 9.49/10, indicating they’re regarded as reliable choices by the community. However, since brokers have great reputation in the industry, how do we know which one is more suitable for individuals to invest in? Today's article is about the comparison between FXTM and AvaTrade.