Forex Brokers Market: Vietnam
When you want to buy something, let’s just say, a watermelon. You will go down the street where all the watermelon stalls businesses are available. And if the role is vice versa, you as a seller will go down the street to sell your stocks, your watermelon to your potential customers. This imagery sums up the easy meaning of what a forex broker is.
Retail forex broker, which is its another name, is short for foreign exchange, and they in charge of the transaction in the forex market. Traders have access to a platform for buying and selling foreign currency through this financial services organization. Currency speculators or investors for large institutional clients are forex traders’ clients, and interested investors have a variety of options among forex traders online.
There are many forex markets out there from Europe to Asia, even South East Asia. The forex broker market in Vietnam is acquainted with the forex broker world and there are so many that are worth the mention.
The first is HFTrading. It is New Zealand-based, and The New Zealand Financial Markets Authority (FMA) and the Australian Securities and Investments Commission both regulate it (ASIC). Users can trade on the well-known MetaTrader 4 trading platform, which is available on desktop, web, and mobile. Articles, videos on demand, courses, eBooks, and tutorials are just a few of the instructional tools available from the Financial Service Provider.
Other than that is CMC Markets. A multi-asset class with over 30 years of experience. The broker provides three types of trading accounts: spread betting, CFD trading, and corporate trading. Users can trade on more than 9,000 trading instruments, including Indices, Forex, Cryptocurrencies, Commodities, Shares, and Treasuries, with spread betting providing commission-free trading and CFD and Corporate accounts providing commission-based trading on Shares alone.
Next on the list is HYCM. With over 40 years of experience, it is regulated by the UK Financial Conduct Authority (FCA) and the Cyprus Securities and Exchange Commission (CySEC). Henyep Capital Markets is a subsidiary of the Henyep Capital Markets Group, a multinational corporation with interests in financial services, real estate, education, and philanthropy. Fixed, Classic and Raw are the three main trading accounts offered by the firm. Fixed and Classic accounts both offer commission-free trading with attractive spreads on 100+ products, including Forex, stocks, indices, commodities, and cryptocurrency CFDs.
Through the lists, FXGM with Basic, Discovery, Silver, Gold, Diamond, and VIP, six distinct categories of trading accounts available. Each account provides commission-free trading, with only spreads and swaps payable depending on the account type, which is determined by the amount of withdrawable equity.
Last but not least. TradeStation International is a platform with trade over 125 markets from 31 countries. Users of the platform have direct market access to a wide range of marketplaces and can fund their accounts in a variety of currencies. Users can also use award-winning trading tools like RadarScreen for real-time market scanning and trade signal alerts, and the TradeStation Matrix for one-click trading, and completely configurable charting and technical indicators. To sums the pros, they have FCA regulated globally affective and have DMA trading.