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Some traders, the selection of brokers for micro accounts may not be something that is too sensitive, because the capital they are trading is not that big. In addition, micro accounts are more used to train traders' abilities in certain trading strategies. However, the selection of a forex broker for large capital is not an easy matter, because you are trading capital that is not small in number.
Safety factors must be your main consideration in choosing a forex broker , especially if you have large funds to invest. Mistakes in choosing a broker will be very risky for you. Of course you don't want to lose big funds in just a moment. When you browse the internet, you will find a number of recommendations on safe forex brokers, including XM Indonesia and FXOpen UK - two forex brokers who have been regulated and have a good reputation among forex traders.
Forex Broker for Large Capital: XM Indonesia
Security of customer funds
In addition to fulfilling the provisions of legalization and regulation, the brokerage company which is a member of Trading Point Holdings Ltd (* one of the largest forex brokerage companies in Europe) also implements a system of managing customer funds transparently. The financial statements of the parent company XM are published and routinely audited by regulatory bodies such as FCA UK, ASIC, CySEC, so that each customer can assess the reputation and transparency of managing customer funds.
With a layered security system, forex brokers for this large capital should be considered as a partner to invest in forex if you have substantial funds. Especially in Indonesia, XM works with local banks to ensure comfort and ease of deposit and withdrawal and trading activities for domestic traders - of course without additional costs, both for individual traders, companies, fund managers, or hedge funds.
Also Read: Forex Brokers that Receive Local Banks
XM provides a reliable platform to meet the highest expectations of every forex investor, MetaTrader 4 (MT4) and Metatrader 5 , the most popular platform among forex traders worldwide. In addition, XM also provides a Webtrader platform and other software to suit your needs, both for those who want to operate via PC or mobile. Thus, you can access or trade wherever you are.
Forex Brokers For Large Capital : FXOPEN UK
Security of customer funds
FXOpen gets a five star rating, or perfect value, both in terms of customer service, platform and spread. The security system that applies at FXOpen starts from customer account registration to customer fund management at the company's internal. As a prospective customer, you also have to provide legal information or personal data (proven by KTP and electricity account slip, on behalf of the same person). Both of these proofs must be scanned and sent as supporting documents for your personal data.
Same as XM, FXOpen also uses the Segregated Account system, namely, a customer fund management system that is separated from company funds, so that there are no mix-ups or errors. With more than 12 years of experience as a forex broker , it's no wonder that FXOpen has built a business reputation and credibility that is recognized on an international scale. This is evidenced by the various awards he has achieved, including:
- Best Best ECN Broker 2012 by independent rating Masterforex-V International Trading Academy
- The Most Popular Products at the 9th Shanghai Money Fair International, in 2012
- Falcon Award for Best Trading Platform in 2010;
- Best Forex Brokers 2009 and Best Middle East and Asian Brokers 2009.
This forex broker for large capital offers a number of reliable platforms to meet the various needs of traders. Among others are:
- MetaTrader 4
- Web Platform
- Mobile Platform
Safe Broker for Big Capital: EXNESS
To be able to trade on Forex EXNESS brokers , a minimum deposit is $ 1, leverage up to 1: 2000 and spreads starting from 0 Pip. Exness trading is all allowed, both trading with EA (robot), scalping trading, and trading news.
Methods of Deposit and Withdrawal on Exness brokers using Local Banks, Fasapay, Wire Transfers, Skrill Moneybookers, Neteller and Credit Cards. Serving clients since 2008 Exness including online forex brokers who have long experience and provide the best for its clients.
If you want to Open an Account and Trading at an Exness Broker, please visit the EXNESS Official Website .
Criteria for Recommended Safe Forex Brokers
Based on the characteristics offered by two forex brokers who are included in the list of safe forex broker recommendations for forex players in Indonesia above, in general there are two criteria for trusted forex brokers, namely clear legislation and transparent financial management:
- Clear legislation
Also Read: The Best Broker for Online Gold Trading
- Transparent financial management
In conclusion, if you want to plunge in totally by investing large amounts of funds in the field of foreign exchange trading , then choose a forex broker that is included in the list of safe forex broker recommendations and has been positively reviewed online and offline. In the next stage, you only need to learn tricks and strategies to read market opportunities and trends, and learn various strategies that might suit you. Thus, you can focus on one or two specific strategies that you normally master well.
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