Currently, there are many Brokers, different real and fake. However, there are a few brokers that I have trusted in trading for a long time. And it meets the criteria that I have mentioned, for example: having an operating license issued by professional appraisal organizations, no initial bonus, no bad feedback on withdrawal problems or orders intervention,…
1. Tickmill:
– Website: https://bit.ly/AdvancedTickmill
– Information:
Tickmill is regulated by 3 reputable financial authorities including FSA, FCA, and CySEC.This is also one of the points that make us highly recommend Tickmill. Because the 3 licenses that Tickmill owns all belong to the world’s leading prestigious organizations, especially from a broker that has only been operating for 5 years in the forex market. As you know, the more reputable the agency, the more stringent its licensing requirements will be. Even, though FBS is one of the famous floating exchanges in Vietnam, it also took a long time to be licensed by CySEC. Therefore, with a new exchange that has been in operation for 5 years and can achieve all 3 of these licenses, it shows that Tickmill is strong in both aspects including finance as well as prestige and professionalism.
Of the 3 licenses Tickmill owns, FCA is arguably the most difficult to obtain. Because this is the UK’s leading prestigious financial authority, in order for the FCA to accept not only Tickmill but other forex brokers, it must meet the following specific requirements:
Funding: The FCA requires brokers to maintain a minimum of £750,000. Compared to NFA (a prestigious financial regulatory agency in the United States), this capital is still modest, but still much higher than some other regulatory agencies. You should also note, that the more reputable the agency, the more demanding this money will be, as ASIC also requires exchanges to have a minimum capital of 1 million Australian dollars before applying for a grant. permission.
– Summary about Tickmill:
Established: 2015
Minimum trading volume: 0.01 lot
Maximum leverage: 1:500
Minimum deposit amount: 100 USD
Regulatory and Licensing Authorities: CySEC, FSA-S, and FCA
Trading Platform: MT4
Trading products Tickmill offers: Forex currencies, stock indices, bonds, crude oil, precious metals gold, silver
Withdrawal methods: VISA, MasterCard, Internet Banking, Neteller, Qiwi, Skrill, UnionPay
– Advantages and Disadvantages of Tickmill:
+ Advantage:
The exchange owns many licenses from the most prestigious agencies today
Super low commission fee
Provide many applications that traders, especially novice traders can use to make the trading process easier.
Support many withdrawal ports
+ Disadvantages”
No Cryptocurrency Transactions
No stock trading
2. ICMarkets
– Website: https://bit.ly/AdvancedICMarkets
– Information:
The ICMarkets exchange was founded in Sydney, Australia in 2007 by “a group of professionals in the financial services industry who are instrumental in the success of one of the major Forex and CFD providers. Australia’s best.”
According to the introduction from the Website itself, ICMarkets was established with the desire to help retail customers (traders like me or you) be connected to liquidity institutions, and investment banks to access pricing and liquidity in a direct way, something that was previously only available to investment banks and high net worth individuals.
Currently, ICMarkets owns 3 licenses including ASIC (ACN 123 289 109); CySEC (362/18), and FSA (SD018). Compared to many countries in the world, Australia is probably home to many reputable forex brokers with the most uniform quality today.
– Summary of ICMarkets:
Established: 2007
Minimum deposit: 200 USD
Maximum leverage: 1: 500
Deposit method: Credit Card, Neteller, Skrill, Paypal, Internet Banking
Products offered by ICMarkets: Forex currencies; Goods; Indexes (Indices); Bonds (Bonds); Electronic money; Stocks (Stocks); Futures Contracts
ICMarkets trading software supports: MT4, MT5, and cTrader
Compatible Operating Systems: Windows and Mac Desktop Platforms, MT4 and MT5 Compatible Web Platforms, Android and iOS
– Advantages and Disadvantages of ICMarkets:
+ Advantage
The floor is very reputable, don’t worry about being scammed
Very suitable for traders who like to trade on ECN exchanges
Suitable for scalping even hedging (reciprocal trading, executing Buy and Sell orders at the same time).
Super low spreads and pleasant commissions
Professional and enthusiastic support staff
Application of much advanced software for traders to use and be free
