Consider how to choose a good Forex broker in Thailand (Best Forex Broker) 2022, should look at the license. Methods for depositing and withdrawing money, low spreads, no swap fees, the better, trading gold, free bonuses
How to Choose the Best Forex Broker 2022
How to choose a reliable forex broker 2022
Before you start trading
How to Choose the Best Forex Broker 2022is important Let’s take a look at the selection of the best Forex brokers in 2022 in Thailand. What do you need to know? For beginner investors who are looking for a Forex broker and are interested in investing in the foreign exchange market. The main thing to consider is the broker information of each broker.
How to choose a reliable Forex broker What should I choose to consider? Choosing a Forex broker in Thailand (Best Forex Broker) should look at the registration license, deposit and withdrawal methods, safe and fast, low spreads, no swap, the better, gold trading, free bonuses are the main considerations for choosing a Broker 2022, so we should have to There is a detailed study of each broker looking for advantages and disadvantages of each broker. before investing with that broker
Currently, there are many Forex brokers entering the market in Thailand. It is therefore important to Comparison of the first Forex brokers a trader must consider to open a trading account. especially for beginner traders The more you need to focus on choosing a broker, which broker to choose because all Forex Brokers around the world have hundreds and thousands of brokers that have to be. How to compare Forex brokers that are good or bad? Is it reliable?
First of all, I would like to introduce the meaning of Forex Broker first, meaning broker or intermediary or connector between traders and the Forex market. in international currency exchange trading In which the trader will make money for the Forex Broker, where the broker will earn money from the trader opening trade orders each time (Forex spreads ), the more frequently traded. The more the broker earns. And earn all the time whether the trader trades profitably or at a loss.
Comparison of Forex Brokers 2022, What to Consider?
Nowadays, there are many Forex brokers for traders to choose from. Choosing a good Forex broker is therefore very important to study. Because if choosing a Forex broker that is not reliable no safety may cause the money invested to be wasted Things to consider when choosing a Forex broker comparison are:
- registration license
- Server and Trading Platform
- Deposit/withdrawal methods
- Spread
- promotion bonus
- Support
registration license
The most reliable and stable Forex broker means the most secure broker. Broker’s credibility from registered organizations Until reaching the sidelines such as the background of the organization Operation period, administration, safety system Registered country, reputation, reviews on foreign websites
Choose a good broker A look at Forex license registration is the first and foremost sign that a Forex broker is reliable. and is safe Registration and license is therefore the most important thing when choosing a Forex Broker. There are 4 agencies responsible for registration and Thai traders, namely FCA, ASIC, CySec, IFSC .
Each agency will have to check the broker’s transactions to prevent fraud. and has guaranteed compensation of up to 20,000-50,000 Euro per account in case of broker bankruptcy
Server and Trading Platform
Choose a good broker, see Trading Platform or trading platform. It is a software whose main function is to be a tool for conducting various transactions. Currently, the Trading Platform that traders have chosen to use is the platform from the company. MetaQuotes, a trading program MT4 (MetaTrader4), MT5 (MetaTrader5), which can be traded on both PC, computer and mobile phones, both iOS and Android systems.
Nowadays, many Forex brokers have Platform Webtrader that makes traders more comfortable. which can trade or send trading orders through the website straight away without having to install any program at our computer or mobile phone
Another thing to consider Choosing which Forex broker is good is that the Broker’s Server must not have Requotes/Rejections. Read that Re-quote or Re-jection because it will affect that trading order.
Deposit/withdrawal methods
Systems and methods for depositing / withdrawing Mostly through online banking payment systems such as
- Neteller
- Skrill
- PerfectMoney
- CashU
- Visa Mastercard
for Thai traders You should decide on a broker that offers deposit/withdrawal methods. Through Thai banks (Online Thai Banking) must be a safe and reliable channel. Most Forex brokers, whether Exness , XM , will use the service through agents or Payment Gateway, which will have Thai banks that support the main ones.
- Kasikorn Bank KBANK
- Bangkok Bank BBL
- Bank of Ayudhya BAY
- Krung Thai Bank, KTB
- Siam Commercial Bank, SCB
- Thai Military Bank TMB
Spread
How to choose a good Forex broker must look at the spread (spread), the difference between the buy and sell price (Bid and Ask) for each trade. Our orders will always be negative first from the spread. Because the spread affects the trader’s profit and loss. If getting a broker with low spreads, it will reduce the cost of trading. resulting in more profits accordingly
Let’s say if the spreads of 2 brokers are 1 pip difference ($10 per pip), if 100 trades with a smaller spread broker, the difference you get from the broker on 100 trades is $1000.
More information “ What is a spread? ”
Promotion Bonus Forex
The promotions or bonuses that the Forex brokers offer are considered to be a good part that will allow their clients to benefit. Forex brokers offer two types of bonuses: the no deposit forex bonus. for new traders (no capital required and free money) and forex deposit bonuses (For experienced traders who invest real money and get bonuses to increase their trading account funds)
For example, free XM account opening $30, deposit bonus, client trading bonus, webinar promotions, Forex seminars in Thailand, or live classes provided by the broker.
Broker Support Department
How to choose a reliable Forex broker, it must be a Forex broker with a support service to help solve various problems in Thai by Thai people 24 hours a day, 7 days a week . FBS also has support provided by Thai people.
It is one of the must-have forex brokers for Thai people. or other countries Where brokers enter the market, there must be a support department in the local language of that country. It will help build credibility in the service a lot.
Conclusion How to Choose the Best Forex Broker 2022
How to Choose the Best Forex Broker (Updated 2022) The first thing that needs to be considered when comparing Forex brokers is registration, licenses. which must be a trusted license Next, you need to consider Server and Platform, Deposit/Withdrawal Methods, Spread Spreads, Promotions, Bonuses and Support to decide which broker to choose. Therefore, traders should decide to choose a broker that is popular in Thailand or people around the world to open an account. because they are usually reliable and stable
FAQ How to Choose the Best Forex Broker 2022
registration license
How to choose a good Forex broker Forex broker with FCA, ASIC, CySec, IFSC licenses
Server and Trading Platform
Choose a Forex Broker that MT4 (MetaTrader4), MT5 (MetaTrader5) and Server must not have Requotes/Rejections. because it will affect that order
Deposit/withdrawal methods
Choose a Forex broker that offers deposit/withdrawal methods. through Thai banks (Online Thai Banking)
Spread
Compare Forex brokers with low spreads will reduce trading costs. resulting in more profits
promotion bonus
There are bonuses and promotions for customers. and must have certain conditions There is nothing hidden apart from the stated conditions.
Support
Choose a good Forex broker, choose a support service to help solve various problems in Thai by Thai people 24 hours a day, 7 days a week.