What are top concerns for traders when choosing the best forex brokers in Thailand to work with? To prove you with precious recommendations on best brokers in the forex trading, I will list out standards to evaluate brokers. Basing on these standards, my recommendations are:
• Exness.com – 8/10
• XM.com – 7.5/10
• FxPro.com – 7.5/10
• FXTM – 6.5/10
Regulations is the first criteria that should be analyzed when it comes to choosing a broker. Similar to any financial institutions, the best forex brokers in the world have to follow certain rules and standards. Therefore it is vital to check which authority is the broker being regulated under and if the license is legit. Brokers conducting with no valid regulations will place the clients’ money at stake. Since the process of achieving a valid regulation is complicating, only the top brokers are bound to receive valid regulations. FBS is regulated by the CySEC and IFSC regulations, which is two of the most trustworthy regulations in forex trading.
However, it is important to keep in mind that the numerous number of regulations do not enhance the prestige of a broker. Regulations more or less restricts brokers in certain areas, therefore brokers with multiple regulations are less likely to be more profitable for traders.
STRAIGHTFORWARD PAYMENT METHOD
Method of payment is one of the top criteria to investigate when you make a decision. Exness, XM, FBS, and FXTM are brokers providing the fast and easy method of payment via the Internet. You can try to make payment and deposit on the websites: Skrill, Neteller, Cashu, Perfect Money, and WebMoney. These are friendly and familiar.
Exness provides not only payment and deposit in seconds but also free withdrawal and transfer on some channels. Besides, three others left are also good brokers for Thai people.
Customer service makes trademark. In Thailand, forex trading is not legal yet, so brokers have to pay attention to supporting customers well. To do this mission, Thai brokers should have 24/7 online center, local offices, and website in Thai language. Always, direct or face-to-face assistance should be supplied, no better way than this. This point shows how Thai brokers respect and care their customers.
Of course, all said Thai brokers provide full above factors:
Besides English, Thai brokers should support traders in Thai language also because not all Thai people can talk in English frequently. Exness and XM are really perfect assistance due to their 24/7 service in Thai language.