EXNESS FOREX BROKER
Exness is the No.1 Forex Broker in Cryptocurrency trading due to the reason that it is a Forex Broker that has been operating in Thailand for a long time. Therefore, not to mention the fast deposit and withdrawal, service is now available and must certainly be suitable for Thai people. But Exness is the No.1 broker in Cryptocurrency trading for the following reasons;
For Swap, it is a currency trading tool. But in Cryptocurrency trading through Forex brokers, it is a type of CFD in which they are able to add swaps. However, they haven’t added any at Exness, which benefits us, traders!!!
Deposits and withdrawals are considered fast and without problems. Large amounts of funds can be withdrawn and transferred within 24 hours.
Cryptocurrency trading mostly offers 1:1 leverage, i.e. to buy BTC 1 BTC, you need the same amount as the BTC price to buy it. But in the case of having leverage, you don’t need that much, therefore, high leverage here allows us to use the money at the right time to make a profit.
Trust or credibility in trading is important for Cryptocurrency trading, so this factor is important for Cryptocurrency trading through a Forex broker.
Pepperstone is an Australian Forex Broker that offers Cryptocurrency as well, with the following strengths and interesting advantages,
This Forex broker is a broker with a low spread and is very reliable from Thailand, if measured in credibility alone, Pepperstone would be No.1, but here we look at other factors as well. The big advantage is that the spread in Pepperstone’s service is low.
For Pepperstone, the main disadvantage is that for Thai people, there are not many options for deposits and withdrawals, so it fell to second place
Another aspect for Pepperstone is that the Support service is not always available to beginners who need a mentor to help them when trading. Pepperstone isn’t as good as the No.1.
Although trading cost for Peperstone is low, however, other aspects are important, in which the Swap for Pepperstone is also low and usable as well.
GMI EDGE FOREX BROKER
Broker GMI Edge is a recently established broker, but the quality is competitive with the big brokers for the following reasons;
In Forex trading, Spread, Swap, and Commission are the number one priority here. In Cryptocurrency trading, it is equally low.
The fact that we focus so much on Swap in Cryptocurrency trading is because we have to hold positions for a longer period of time, making swap an ever-increasing cost of trading.
One limitation of GMI is that the base currency of the account is limited to USD only.
IC MARKET FOREX BROKERS
IC Market is another popular broker for Thais for Cryptocurrency trading. It is another reliable broker as well, with the following key highlights;
IC Market’s credibility is number one in Forex trading in Australia, but in Cryptocurrency trading, it is considered not as much as it should be. But it is the first factor in placing the IC Market in the top ranking for Cryptocurrency trading.
IC Market’s trading costs are very competitive as compared to other brokers in the market.
The IC Market broker is suitable for traders who want a reliable source of profit and traders who value the security of their money.
XTB FOREX BROKER
XTB Forex Broker is a long established broker in Europe. But for the Thai market, it has just withdrawn from marketing in Thailand. We doubt that they are not able to compete with Exness, XM, but it is unfortunate as this broker is very reliable. We don’t want to throw it away because traders can still use their trading service.
Having its own system means traders don’t have to worry about it. When the system has a problem with stability, they will fix it right away because they are not dependent on MT4 alone.
We don’t have to mention about European Forex broker standard, because European standards and broker regulators are sure of a standardized level. The application process uses technology that is easy to use and has a fast application process.
Fast deposits, if you are facing problems while depositing and withdrawing, you can contact the Support immediately.