Top Asia Pacific Brokers for 2021

We found 11 online brokers that are appropriate for Trading Asia Pacific.

Best Asia Pacific Brokers Guide

Updated September 15, 2021

We’ve collected thousands of datapoints and written a guide to help you find the best Asia Pacific Brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best asia pacific brokers below.

Popular Asia Pacific Countries For Trading Online

We list the most popular Asia and Pacific countries below and have more detailed articles for the best brokers for each specific country.

Reputable Asia Pacific Brokers Checklist

There are a number of important factors to consider when picking an online Asia Pacific trading brokerage.

• Check your Asia Pacific broker has a history of at least 2 years.
• Check your Asia Pacific broker has a reasonable sized customer support of at least 15.
• Does the Asia Pacific broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
• Check your Asia Pacific broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
• Does your Asia Pacific broker have an international presence in multiple countries. This includes local seminar presentations and training.
• Make sure your Asia Pacific can hire people from various locations in the world who can better communicate in your local language.

Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.

Our brokerage comparison table below allows you to compare the below features for brokers offering Asia Pacific Brokers.

We compare these features to make it easier for you to make a more informed choice.

• Minimum deposit to open an account.
• Available funding methods for the below Asia Pacific Brokers.
• What you are able to trade with each brokerage.
• Trading Platforms offered by these brokers.
• Spread type (if applicable) for each brokerage.
• Customer support levels offered.
• We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.

Top 15 Asia Pacific Brokers of 2021 compared

Here are the top Asia Pacific Brokers.

Compare Asia Pacific Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.

All brokers below are asia pacific brokers. Learn more about what they offer below.

You can scroll left and right on the comparison table below to see more asia pacific brokers that accept asia pacific clients

• Bank transfer
• Credit Card
• Paypal

• Bank transfer
• Credit Card
• Paypal

• Bank transfer
• Credit Card
• Paypal

• Bank transfer
• Credit Card
• Paypal

• Bank transfer
• Credit Card
• Paypal

• Bank transfer
• Credit Card
• Paypal

• Bank transfer
• Credit Card
• Paypal

• Bank transfer
• Credit Card
• Paypal

• Bank transfer
• Credit Card
• Paypal

• Bank transfer
• Credit Card
• Paypal

• Bank transfer
• Credit Card
• Paypal

• Offers STP
• Low min deposit
• Offers Negative Balance Protection

• Allows scalping
• Allows hedging
• Offers STP
• Low min deposit
• Offers Negative Balance Protection

• Allows scalping
• Allows hedging
• Low min deposit
• Offers Negative Balance Protection

• Allows scalping
• Allows hedging
• Low min deposit

• Allows scalping
• Allows hedging
• Offers STP
• Low min deposit

• Allows scalping
• Allows hedging
• Offers STP
• Low min deposit
• Offers Negative Balance Protection

• Allows scalping
• Allows hedging
• Low min deposit
• Offers Negative Balance Protection

• Allows scalping
• Allows hedging
• Offers STP
• Low min deposit
• Offers Negative Balance Protection

• Low min deposit
• Offers Negative Balance Protection

• Allows scalping
• Allows hedging
• Offers STP
• Low min deposit

• Allows scalping
• Allows hedging
• Low min deposit
• Guaranteed stop loss
• Offers Negative Balance Protection

• Demo account
• Standard account
• Islamic account

• Pro account
• Demo account
• Micro account
• Mini account
• Standard account
• Islamic account

• Demo account
• Mini account
• Standard account
• Zero spread account
• Raw Spread account
• Islamic account

• Demo account
• Micro account
• Mini account
• Standard account
• Islamic account

• Demo account
• Micro account
• Mini account
• Standard account
• Zero spread account
• ECN account
• Islamic account

• Demo account
• Mini account
• Standard account
• ECN account
• Islamic account

• Demo account
• Micro account
• Standard account
• Zero spread account
• Islamic account

• Demo account
• Mini account
• Standard account
• Zero spread account
• ECN account
• Managed account
• Islamic account

• Demo account
• Standard account
• Islamic account

• Demo account
• Micro account
• Mini account
• Standard account
• ECN account
• Managed account
• Islamic account

• Demo account
• Micro account
• Mini account
• Standard account
• Islamic account

• fixed spreads
• variable spreads

• fixed spreads
• variable spreads

• fixed spreads
• variable spreads

• fixed spreads
• variable spreads

• fixed spreads
• variable spreads

• fixed spreads
• variable spreads

• fixed spreads
• variable spreads

• fixed spreads
• variable spreads

• fixed spreads
• variable spreads

• fixed spreads
• variable spreads

• fixed spreads
• variable spreads

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

eToro Risk Disclosure

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

All Asia pacific brokers in more detail

You can compare Asia Pacific Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.

We also have an indepth Top Asia Pacific Brokers for 2021 article further below. You can see it now by clicking here

We have listed top Asia pacific brokers below.

Asia Pacific Brokers Table of Contents

Asia Pacific Brokers Explained

Trading the financial markets with Asia Pacific Brokers when conditions are volatile can be difficult, even for experienced traders.

Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Asia Pacific Brokers is the platform that a Asia Pacific Brokers offer.

Choose Asia Pacific Brokers that’s at the forefront of innovation and generally considered an industry-leader.

To gain access to the financial markets, you’ll need Asia Pacific Brokers that you can rely on.

6 Factors to Consider when Choosing Asia Pacific Brokers

Follow these five rules for selecting a broker that’s right for you:

Are Your Asia Pacific Brokers Trusted And Established?

Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Asia Pacific broker is eToro. Established in 2007, and in operation for 14 years eToro have a head office in Cyprus, UK.

eToro is regulated. This means eToro are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.

Another top rated broker is XTB.

XTB was established 2002, and in operation for 16 years XTB have a head office in Poland.

XTB is regulated. This means XTB are supervised by and is checked for conduct by Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) regulatory bodies.

Broker	eToro	XTB	IC Markets	AvaTrade	Roboforex	Pepperstone
Year Established	2007	2002	2007	2006	2009	2010
Head Office	Cyprus, UK	Poland	Australia	The British Virgin Islands	Cyprus	Australia
Regulation	Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)	Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG)	Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)	Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)	Cyprus Securities and Exchange Commission (CySEC)	Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217
Used By	20,000,000+	250,000+	180,000+	200,000+	10,000+	89,000+
Negative balance protection	Yes	Yes	Yes	No	No	Yes
Guaranteed Stop Loss	No	No	No	No	No	No
Learn More	Visit eToro	Visit XTB	Visit IC Markets	Visit AvaTrade	Visit Roboforex	Visit Pepperstone
Risk Warning	67% of retail investor accounts lose money when trading CFDs with this provider.	77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.	Losses can exceed deposits	72% of retail investor accounts lose money when trading CFDs with this provider	Losses can exceed deposits	CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

Are The Asia Pacific Brokers World Leading?

Choose a broker that’s at the forefront of innovation and generally considered an industry-leader. eToro Segregates clients funds and offers over 2000 instruments. eToro offers both an online trading platform as well as a mobile platform giving clients easy access to markets.

In addition, the eToro platform enables access to a variety of financial markets worldwide. eToro is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.

Another good choice when looking for Asia Pacific Brokers is XTB . XTB Segregates clients funds and offers over 4000 instruments.

Broker	eToro	XTB	IC Markets	AvaTrade	Roboforex	Pepperstone
Instruments Available	2000	4000	232	1000	100	100
Platforms	Web Trader, Tablet & Mobile apps	MT4, Mirror Trader, Web Trader, Tablet & Mobile apps	MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac	Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5	MT4, MT5, Mac, Web Trader, cTrader, Tablet & Mobile apps	MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps
Excluded Countries	IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN,	US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR	US	BE, BR, KP, NZ, TR, US, CA, SG	US, JP	BR, KR, IR, IQ, SY, JP,US
Forex pairs offered	50	57	65	80	35	70
Forex pairs offered	50	57	65	80	35	70
Major forex pairs	Yes	Yes	Yes	Yes	Yes	Yes
Minor forex pairs	Yes	Yes	Yes	Yes	Yes	Yes
Exotic forex pairs	Yes	Yes	Yes	Yes	Yes	Yes
Cryptocurrencies (availability subject to regulation)	Yes	Yes	Yes	Yes	No	Yes
Commodities Offered	31	21	19	16	21	16
Metals	Yes	Yes	Yes	Yes	Yes	Yes
Energies	Yes	Yes	Yes	Yes	No	Yes
Agricultural	Yes	Yes	Yes	Yes	No	No
Stocks Offered	2042	1696	110	99	0	60
UK Shares	Yes	Yes	Yes	Yes	Yes	No
US Shares	Yes	Yes	Yes	Yes	Yes	No
German Shares	Yes	Yes	Yes	Yes	Yes	Yes
Japanese Shares	Yes	Yes	Yes	Yes	Yes	No

What are the Asia Pacific Brokers Commissions and Fees?

Ensure that your broker is transparent with fees and those dues are competitive.

The best rated Asia Pacific broker eToro offers competitive offers for Stocks, Commodities, Forex, CFDs, Social Trading, Indices, Cryptocurrency, Index Based Funds, Exchange Traded Funds (ETF). eToro minimum deposit is 50.

Another top rated Asia Pacific broker XTB offers Forex, CFDs, Cryptocurrency. XTB minimum deposit is 0. Please note that any cryptocurrency availability with any broker is subject to regulation.

Broker	eToro	XTB	IC Markets	AvaTrade	Roboforex	Pepperstone
Min Deposit	50	0	200	250	1	200
Withdrawl Fees	Yes	varies	No	No	Yes	No
Inactivity Fees	Yes	Yes	No	No	No	Yes
Deposit Fees	No	No	Varies	No	No	No
CFD Commission Fees	Yes	Yes	Yes	No	No	Yes

What are the Asia Pacific Brokers Funding and Withdrawal Methods?

When dealing with Asia Pacific Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.

Broker	eToro	XTB	IC Markets	AvaTrade	Roboforex	Pepperstone
Bank transfer	Yes	Yes	Yes	Yes	Yes	Yes
Credit Cards	Yes	Yes	Yes	Yes	Yes	Yes
Paypal	Yes	Yes	Yes	Yes	No	Yes
Skrill	Yes	Yes	Yes	No	No	Yes
Payoneer	No	Yes	No	Yes	Yes	Yes
Neteller	Yes	Yes	Yes	Yes	Yes	Yes

Find Asia Pacific Brokers with Round-the-clock support?

Customer service is very important when dealing with Asia Pacific Brokers.

When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.

Asia Pacific Brokers customer support can include Phone answering services, Live chat support and Email customer service support.

eToro support a wide range of languages including English, German, Spanish, French, Italian

XTB support a wide range of languages including English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish

eToro and XTB offer support where clients are able to call or contact the helpdesk via email or a chat service.

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

• Live chat
• Phone support
• Email support

Make sure the Asia Pacific Brokers Offer Comprehensive Trader resources?

Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, eToro and XTB work together to bring the latest news and insights to traders.

For most traders, the first – and sometimes only – concern is pursuing their ‘edge’. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.

Why Asia Pacific Brokers needs to be regulated?

A regulated Asia Pacific broker lowers your risk.

Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.

Asia Pacific brokers are regulated to stop fraud. The agent’s working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.

Asia Pacific Brokers List

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results.

Cryptoassets are volatile instruments which can fluctuate widely in a very short timeframe and therefore are not appropriate for all investors. Other than via CFDs, trading cryptoassets is unregulated and therefore is not supervised by any EU regulatory framework.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

5 Best Asian Forex Brokers in 2021

If you’re looking to trade Forex in Asia, you’re in the right place and in good company. With retail Forex and CFD trading on the rise across the globe, Asia remains one of the most exciting places to trade Forex due to emerging markets. We’ve spent the hundreds of hours of research on Forex brokers in Asia for you, so that you can choose the top Forex brokers in Asia for your trading.

Top Asian Forex Brokers

Eightcap

Eightcap

Unique Features

Maximum Leverage 1:30 (or 1:500 for non-Australia clients)

Type of Platform

MetaTrader 4, MetaTrader 5

Eightcap Pros & Cons

Advantages

Low minimum deposit and high leverage of up to 1:500

Competitive ECN cost structure

Excellent technology infrastructure and seasoned management team

Disadvantages

FP Markets

FP Markets

fpmarkets is an Australian brokerage which launched in 2005. Headquartered in Sydney, Australia’s financial capitol, they have carved out a solid niche for themselves as the best Forex / CFD broker enjoying ASIC regulation. Australian regulators are much more relaxed about leverage than their counterparts in the U.S.A., U.K., and the E.U. and so fpmarkets can offer a maximum leverage as high as 500 to 1.

For most traders, the standout unique selling point of this broker lies in the incredibly wide range of tradable assets offered, providing an opportunity to trade over ten thousand individual stocks and shares. These go beyond the typical U.S.A. and U.K. companies and include a good selection of publicly traded shares on the Hong Kong and Sydney exchanges, as you might expect from an Australasian-facing broker like fpmarkets. Also, over 60 Forex pairs and crosses, 11 equity indices, the major commodities, and 5 cryptocurrencies including Bitcoin are also on the menu here.

Unique Features

No Dealing Desk

Type of Platform

MetaTrader 4, MetaTrader 5, Web-based, IRESS

They offer an unusual hybrid ECN/STP execution model which means that their clients can choose between ECN style of execution giving a very high level of speed, and a “straight through processing” execution style which allows for more “natural” spreads.

Traders can scalp and hedge at this broker, whose fast ECN execution speed makes it a natural home for scalpers. Clients may choose between the MetaTrader 4 and MetaTrader 5 platforms, and shares can be traded through the IRESS trading platform which includes access to level 2 exchange data.

FP Markets Pros & Cons

Advantages

Choice of trading platforms and auxiliary trading tools

Very competitive cost structure and excellent asset selection

Low minimum deposit requirement and leverage of up to 1:500

Disadvantages

FP Markets is an Australian multi-asset broker with more than $1 billion in daily trading volume, serving clients from 80+ countries. Founded in 2005 in Australia, FP Markets grew into a trusted brand over the past 15+ years with more than 100 employees. The upgraded MT4/MT5 trading platforms, via the Trader Tools consisting of twelve plug-ins, present clients with a competitive edge. We have conducted an in-depth review of this CFD broker to provide traders with a complete overview of the trading environment at FP Markets.

Axiory

Axiory

Belize-based Axiory offers a competitive trading environment with an upgraded MT4 trading platform via Autochartist and the Axiory Strike Indicator, or cTrader as an alternative. The best pricing environment is available from the Nano account, where traders get a minimum spread of 0.2 pips for a commission of $6 per round lot. It requires a low deposit of $10 for maximum leverage of 1:400. Additional quality services consist of competitive in-house research, the Axiory Trading Academy, and Axiory Intelligence. The transparency and external audits add to the safety and security of this Axiory, which should consider expanding its asset selection.

Unique Features

No Dealing Desk

Type of Platform

MetaTrader 4, MetaTrader 5, cTrader

Advantages

Corporate and Management Possibilities

Disadvantages

No Accounts Per se

OctaFX

OctaFX

Founded in 2011, OctaFX is a “Straight Through Processing” (STP) broker, which means they do not have an internal dealing desk. They simply connect buyers and sellers directly. With this model, OctaFX aims to be more cost-effective than anyone else in the market. They offer low spreads and claim 97.5% of trades are executed without slippage.

OctaFX offers their clients a choice of three Forex trading platforms: the world’s most popular MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. All of these can be traded as a desktop application, and on Android and iOS devices.

Unique Features

Saint Vincent and the Grenadines

Type of Platform

MetaTrader 4, MetaTrader 5, cTrader

OctaFX is an unregulated broker but continues to earn the trust of traders around the globe, with more than 1,500,000 accounts opened. One reason for the ongoing success of this market maker is appealing bonus campaigns. This broker paid out almost $3,000,000 in bonus funds. OctaFX offers traders the MT4, MT5, cTrader, and a proprietary mobile trading platform. OctaFX additionally grants their clients Autochartist, but traders require a Silver Level in the Status Program. Traders have a choice between fixed and floating spreads, and the overall cost structure remains competitive.

Asset selection remains the distinct weakness at OctaFX, making it most suitable for new retail traders. A series of short educational articles offers a basic Forex introduction, and this broker maintains an excellent arsenal of research and analytics tools.

OctaFX Pros & Cons

Advantages

Well-regulated globally, with the Bank of Ireland as the primary regulator

Low minimum deposit and in-depth educational tools

Wide asset choice across seven sectors

Superior mobile trading platform

Disadvantages

InvestMarkets

InvestMarkets

Invest Markets has been operating out of Belize since 2020. The brokerage is authorized and regulated by the IFSC and owned by Arvis Capital Limited. The presentation of this broker is professional, and the website interface is clean and straightforward. Invest Markets demands a minimum deposit of $250, above most other brokers, but a necessary requirement for proper Forex trading.

Unique Features

Type of Platform

MetaTrader 4, Proprietary platform, Web-based

Traders may choose between the core MT4 trading platform and a proprietary webtrader. Educational content is available, catering mostly to new traders. Invest Markets grants clients two competitive third-party research tools, Trading Central and TipRanks, which are the two most significant assets at Invest Markets. The maximum leverage is 1:500, but traders should weigh this against a general lack of transparency and limited asset selection. Invest Markets displays potential, maintains two excellent research tools, but would benefit greatly from a complete operational overhaul.

Invest Markets Pros & Cons

Advantages

Excellent trading tools with Trading Central and TipRanks

A clean user interface on its web-based trading platform

Competitive cryptocurrency selection

Disadvantages

Unexplained affiliation with faltering brokers 24Option and other red flags

What to Look for in an Asian Forex Broker

Choosing the right Asian Forex broker is critical. However great at trading you may be, trading with the right broker is important to maintaining your profitability. You might be at the top of your game, but if the broker you’re trading through is not regulated, has high spreads, offers inadequate trading tools, or falls short of any of the other important ingredients that make a great Forex broker, you may be compromising your hard-earned profits.

Let’s take regulation, for example. Many brokers who operate in the Forex hotspots of Southeast Asia have found it difficult to comply with what they consider to be a complex, unclear, costly and unfriendly regulatory environment. In Indonesia, for example, only brokers who are locally licensed can set up a local office. Labuan, which is part of Malaysia, grants licensure to international CFD and Forex brokers, but that still doesn’t allow those brokers to operate in Malaysia proper.

Instead, many of these brokers simply operate without regulation, which can be dangerous for Forex and CFD traders. Still, it's important to consider two things: firstly, many brokers that remain unregulated in Asia do maintain offshore regulation which can protect traders and provide confidence, such as Britain’s FCA, Australia’s ASIC, and others. Secondly, there are some unregulated brokers that may have a solid reputation that would be worth considering under the right circumstances. For example, unregulated brokers can offer higher leverage and bonuses that regulated brokers often can't match. Though these might be enticing, traders should carefully consider whether trading with an unregulated broker is a worthwhile risk.

(We should probably mention that the Philippines has no regulatory framework for Forex brokers as of yet, so use caution if you’re thinking about trading in that neck of the woods. You'll have no choice but to choose a local, unregulated broker, or an internationally-regulated broker.)

Asian Trading Hubs

As mentioned, Singapore remains perhaps Asia’s largest Forex trading hub. Over 30 Forex futures and options contracts are available for trading in Singapore, and the Monetary Authority of Singapore has already licensed around 150 brokers. In fact, the world’s five largest banks have their regional Forex trading and sales teams based out of Singapore, so it’s definitely the place to be.

Japan is also a particularly important base for Forex trading, because the Asian trading session is hosted in Tokyo. The Asian session begins at 12:00 GMT and accounts for 20% of all Forex trading volume. Furthermore, about 16.8% of all Forex transactions involve the Japanese yen, though you certainly don't need to be based in Japan to trade yen-based pairs.

Another major financial center in Asia is Hong Kong, followed by other countries such as Indonesia, Malaysia and Thailand.

Is Forex legal in Thailand?

Not only is Forex legal in Thailand, but it has a solid regulatory framework set by the Bank of Thailand and the Thai Securities and Exchange Commission (SEC). Many retail investors invest in foreign securities in Thailand.

What Forex pairs move the most during the Asian trading session?

The pairs that move the most in the Asian session are usually the major JPY pairs, such as the USD/JPY, EUR/JPY and AUD/JPY. You also have the GBP/USD which makes large moves as well, depending on the market.

Can I trade Forex in Singapore?

Singapore is one of the world’s biggest Forex hotspots, and a bustling hub of Forex trading in Asia. You can find all the tools you need to trade Forex in Singapore.

Источник https://comparebrokers.co/compare/asia-pacific-brokers/

Источник https://www.dailyforex.com/forex-brokers/asia-forex-brokers

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