The trusted and best online trading brokers are very important for you to know when participating in the forex market. Because, brokers are intermediaries that connect traders with the forex market. So if you don't go through an intermediary broker, you won't be able to trade forex. And choosing a trusted and best online trading broker will also bring peace of mind because the funds you invest or place at the broker can be ensured for safety.
These days the forex market is considered an attractive investment place that investors and traders cannot ignore. Because the forex market has a daily trading volume of 5000 billion USD. Thanks to the high liquidity it is a very good trading market to be able to generate high profits.
To be successful in the forex market, the first thing for traders to do is to choose a trusted online trading broker that has a good reputation. Because this will be where you deposit your trading funds, where you make trades, set stop losses and where to get profits. In general, all trading activity takes place on the forex broker platform.
The popularity of forex has given rise to many new brokers in the market with varied platform advantages and benefits. If you want to find a trusted online trading broker from Indonesia, then you have to look for a forex broker that has been officially registered with BAPPEBTI. Or you can check in our previous article about the list of official trusted online trading brokers BAPPEBTI.
But if you want to find a trusted online trading broker from a foreign broker with more features and ease of trading. Then you can see a list of the following trusted online trading brokers:
1. Exness – World's Trusted and Famous Online Trading Broker
Exness is one of the most trusted and well-known online trading brokers in the world which was founded in 2008. This broker has provided the best trading platform to its clients, Exness is now a forex broker name that is familiar to traders around the world. Exness broker offers more than 120 different financial instruments and has a trading platform that is able to match orders super fast, in just 0.01 seconds.
Exness broker is also registered and regulated by CySEC. It is the world's leading financial organization. With this regulation, Exness ensures that customers can trade with Exness in peace without worrying about reputation and security issues in transactions.
A fast and convenient payment system is also a factor in the advantages of Exness brokers. At Exness clients can withdraw their funds to a bank account in just 10 minutes. Even withdrawals can be made on weekends. So Exness is a broker you can completely trust to trade without having to worry about withdrawing money.
2. XM Broker – Trusted Online Forex Trading Platform
If you are looking for a trusted online trading broker in the next world, XM broker is not to be missed. Apart from offering the best forex trading platform, they also offer many bonus programs when you first join and make your first deposit.
XM can be said to be a trusted online trading broker, because they already have official regulations issued by leading financial organizations such as: CySEC, IFSC, ASIC, FCA. So you will definitely feel safe when trading with the XM broker.
Apart from that the XM broker also offers many advantages, such as offering very low swap fees. They also offer many different types of trading accounts for traders to choose according to their needs. This will help traders promote their trading strengths and abilities across different account types. Currently XM broker has 4 main account types: Micro Account, Standard Account, XM Ultra Low Account and Share Account.
XM has also been trusted by many traders in Indonesia because the XM broker provides a comfortable experience with an easy deposit and withdrawal process. XM provides various deposit and withdrawal methods such as Neteller, Skrill, Visa, MasterCard and bank transfers.
3. FBS – Quality Online Forex Platform
The outstanding feature of the FBS broker that stands out the most is the cost of the spreads. With almost the lowest spread costs compared to other broker competitors. So don't be surprised if FBS is very popular among Indonesian traders.
In addition, FBS also often holds many promotions to attract customers. Currently, FBS is under regulatory management from IFSC - International Financial Services Commission. Therefore, don't be surprised if FBS is the right choice for those of you who are looking for a trusted online trading broker.
FBS has several different types of trading accounts that traders are free to choose such as: Cent accounts, Zero Spread, Micro and Standard accounts. New traders can get used to getting acquainted with the forex market by choosing a Cent account.
For deposits and withdrawals, traders don't need to worry too much because FBS broker has provided many convenient deposit and withdrawal methods such as using Internet Banking, Visa, Mastercard, Skrill, Neteller and others.
