Thứ Bảy, 27 tháng 10, 2012

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How Did IC Markets Become The Number One Forex Broker In Tokyo?

by William Bruksbergeni

Some of the most popular forex firms in Japan include Monex, Hirose trading, live star securities, dmm.com, GMO Click Securities and foreland securities. In recent times I've discovered that Australian broker IC Markets has come to dominate the Japanese forex market.

As are serious fx trader and forex mentor in Tokyo for the last nine years I have noticed a significant move in the forex trading landscape which has seen most of the local broker's loose customers to dramatically larger offshore brokers like IC Markets. Last week for example I hosted a forex trading seminar in Sapporo, when I questioned which forex broker my students were dealing with no less than 60% of the room said IC Markets. I've found it interesting to see how an offshore forex provider has really been able to achieve a stronghold in the Japanese market in such a quick period of time.

Of specific interest to me has been the strong interest in IC Markets ECN model which makes it possible for traders to purchase and sell forex on zero pip spreads. In Japan we have never observed fx brokers offer spreads of Zero pips before so it is very refreshing to see a larger Australian broker demonstrate initiative and offer low spreads to the Japanese people.

It's also great to see that IC Markets is regulated ASIC, which are very firm and require all client money to be held in segregated trust accounts. Australian forex brokers are very safe but IC Markets is even safer to deal with because they're the largest and are backed by two large Australian banks NAB and ANZ. Australian banks are amongst the most secure in the world so I am very comfortable sending my money there.

Because IC Markets is so large they have got forex traders from all over the world and consequently they have got support personnel which are able to talk a number of languages as well as Japanese. Although I can speak and type fluent English I much favor talking in Japanese.

An additional chief advantage of forex trading with IC Markets over the likes of Monex, dmm.com and GMO Click securities is that IC Markets are a true ECN fx broker not a market maker. Trading with a True ECN fx broker is a lot better if you're a frequent day trader or scalper, the primary reason for this is because there isn't any stop-loss or take-profit limits and you can place your trade between the spread. Not surprisingly another massive benefit is that the spreads are much lower when using a True ECN broker. With IC Markets I often trade on an average EURUSD spread of 0.1 pips, if you compare this to the average spread of three pips for EURUSD at a few of the major Japanese brokerage houses you'd be crazy to deal with them.

I've also found that my Metatrader 4 expert advisers work much better on my IC Markets True ECN account, I believe that spreads are a massive factor in this but another major contributor to the better performance of this account is the ultra low latency that trades are executed at. Better trade speeds really give IC Markets True ECN account an advantage.

You should do your own investigation but I am certain that like me you'll be incredibly pleased with IC Markets True ECN trading account, it is no wonder they're now the largest broker in Japan. If you are interested you'll be able to find an IC Markets review online to find out what other clients are saying about this top Australian forex company.



The <a href="http://www.donnaforex.com/forum/index.php?topic=5761.600">IC Markets</a> are the most popular and number one forex broker in Tokyo market. To know more on IC market and how it became the biggest forex broker in Japan, read <a href="http://icmarkets.com.au/Metatrader-Demo-Account.htm">IC Markets review</a> online.

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New Unique Article!

Title: How Did IC Markets Become The Number One Forex Broker In Tokyo?
Author: William Bruksbergeni
Email: greatmarketingpackages@gmail.com
Keywords: Forex,Currency Trading,Marketing,Business
Word Count: 600
Category: Marketing
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