Broker

Spread

for EURUSD

Min.

Deposit

Platforms

Offered

Account

Types

Spread

Type

Funding

Methods

Customer

Support

Execution

Details
CFDs are leveraged products and 73% of retail traders lose money when trading CFDs.Cryptocurrencies can widely fluctuate in prices and are not appropriate for all investors. Trading cryptocurrencies is not supervised by any EU regulatory framework. Rankings are influenced by affiliate commissions. All information collected on 1/11/2017.

The Ultimate Guide to

Choosing a Broker
For Bangladesh

Not sure which broker is right for you?

Don’t worry - we’ve got you covered. In this guide, you’ll learn:

Ready?

Part 1

Why Choose
For Bangladesh?

scored best in our review of the top brokers for bangladesh, which takes into account 120+ factors across eight categories. Here are some areas where scored highly in:

  • + years in business
  • Offers + instruments
  • A range of platform inc.
  • 24/7 customer service
  • Tight spreads from pips
  • Used by 0+ traders
  • Offers demo account
  • 0 languages

offers one way to trade. If you wanted to trade EURUSD

The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.

have a trust score, which is . This is largely down to them being regulated by , segregating client funds, being segregating client funds, being established for over

Trust Score comparison

Trust Score
Established
Regulated by
Uses tier 1 banks
Company Type Private Private Private
Segregates client funds

The second thing we look for is the competitiveness of the spreads, and what fees they charge. We’ve compared these in detail in part three of this guide.

Part 2

Who is (& Isn’t)
Suitable For

As mentioned, allows you to trade in one way: .

Suitable for:

  • Spread Betting
  • CFD Trading
  • Forex Trading
  • Social Trading

Not Suitable for:

To trade with , you’ll need a minimum deposit of $. offers a range of different account types for different traders including a , .

Finally, isn’t available in the following countries: . They do not offer islamic accounts .

Part 3

A Comparison of vs. vs.


Want to see how stacks up against and ? We’ve compared their spreads, features, and key information below.



Spread & fee comparsion

The spreads below are illustrative. For more accurate pricing information, click on the names of the brokers at the top of the table to open their websites in a new tab.
Fixed Spreads
Variable Spreads
EUR/USD Spread
GBP/USD Spread
USD/CAD Spread
USD/JPY Spread
DAX Spread
FTSE 100 Spread
S&P500 Spread

Comparison of account & trading features

Platform
Services
Base currency options
Funding options
Micro account
ECN account

Part 4

AvaTrade

www.avatrade.com

AvaTrade are amongst the top online brokers offering trading services to clients in Bangladesh. They are a multinational company with regional offices in many locations around the world. With over 10 years experience, they are an established and well-reputed broker, with more than 200,000 registered clients placing over a million trades each month. AVA Trade Ltd are the international holding company, based in the British Virgin Islands and regulated by the BVI Financial Services Commission.

AvaTrade offer customers access to more than 250 financial instruments including indices, stocks, and cryptocurrencies such as Bitcoin. Forex trading is available through the MetaTrader 4 platform, as well as the AvaOptions platform and AvaTradeAct. Most instruments are available as contracts for difference (CFDs), so traders can speculate on the changes to the price of the underlying markets, without taking ownership of any stock. These products are convenient and easy to trade, and AvaTrade offer generous leverage on many of these products. The higher the leverage, the higher the risk of loss to capital, so traders need to be comfortable with the risks before accepting the maximum leverage available.

In order to improve their trading knowledge, clients can access the company’s extensive educational resources, which include educational videos, eBooks, webinars, market indicators, and in-depth articles. AvaTrade have also recently launched a dedicated learning platform to help customers, which is known as SharpTrader. All of AvaTrade’s platforms can be directly accessed through a web browser, or can be downloaded as an app for a mobile device. The information is all available in English and Arabic, both of which are widely spoken in Bangladesh.

Islamic accounts are provided by AvaTrade for customers in Muslim countries, such as Bangladesh. Islamic accounts are free of interest based fees, as these are prohibited by the Muslim faith.

A demo account is also available for traders to practice their skills on a platform that replicates the live trading environment. AVA Trade accept two main deposit methods across the globe, including wire transfer and credit/debit card. Customers from Bangladesh can also deposit using e-wallets such as PayPal and Skrill. A minimum of $100 (or EUR/GBP/AUD) is required to open an account. This is increased to $500 for those depositing using the wire transfer method.

Customer helplines are available in China, Malaysia, Hong Kong, Singapore, Korea, and Taiwan.

XTB

www.xtb.com/int

XTB were incorporated in 2002 and were pioneers of leveraged Forex brokerage services within Poland. With their headquarters and base in Warsaw, they extended their services to Europe and beyond, with satellite offices in more than 10 locations worldwide. Their notable offices can be found in France, Belize, Turkey, France, and Germany. They are strictly monitored and regulated by some of the world’s most respected supervisory authorities. These include the UK’s FCA, the Capital Markets Board of Turkey (CMB), Germany’s BaFin, and the Polish regulatory body, the KNF. The international XTB subsidiary is regulated by the International Financial Services Commission (IFSC) in Belize, and an international, English language website is provided for clients from Bangladesh.

Considered to be one of the biggest stock-exchange listed Forex and contracts for difference (CFD) brokers, XTB offer retail traders from around the globe immediate access to international markets through their powerful trading platforms. They operate on the latest technology available to deliver optimum functionality for traders, and clients can benefit from their 15 years of experience as well as extensive market knowledge.

XTB believe in cultivating strong relationships with their traders. They are passionate about offering support in every aspect of a client’s journey. This is one of the reasons they have been highly rated by clients on social media. A personal account manager is available with every client package, and English language customer support is available for assistance day and night from Sunday to Friday.

Being a well-managed and highly regulated firm, XTB holds all funds for retail clients in a completely segregated bank account. Clients can therefore be reassured that their funds will be protected from third-party access.

With over 3000 markets available, clients from Bangladesh can trade spot Forex pairs, CFDs on the world’s most popular indices, and currency pairs on the most popular cryptocurrencies, amongst other financial instruments. Standard and Pro accounts are available for traders, with floating spreads and market spreads, respectively.

Plus500

www.plus500.com

The Plus500 trading platform offered by Plus500 Ltd is reportedly one of the most user-friendly platforms in the industry. The company were established in 2008, and have grown year on year, listing on the London Stock Exchange’s AIM section in 2013. They operate through three subsidiaries: Plus500UK Ltd., which is headquartered in London and regulated by the Financial Conduct Authority (FCA), Plus500CY Ltd., which is headquartered in Limassol in Cyprus, and regulated by CySEC (the Cyprus Securities and Exchange Commission); and the Austrlia based subsidiary, Plus500AU Pty Ltd., which is regulated by ASIC, the Australian Securities and Investments Commission. Under the regimes presented by these well-respected regulators, traders can be confident that they are required to be treated fairly and that their interests should be put first. As an example, opening an account with Plus500UK ensures that deposits are segregated from company assets, in accordance with the client money rules.

As a fast-growing company, this contracts for difference (CFD) provider now offers clients access to over 2000 financial instruments. Examples include currency pairs, options and commodities.

Traders can manage their trading account through web browsers that can easily be accessed from desktop computers, and also via the mobile apps, which feature all the latest tools and functionality. The apps can be found on both Google Play Store and also on the Apple AppStore.

Customers from Bangladesh can access the international versions of the website and trading platform, which are available in the English language, or Arabic. Accounts can be opened in many different currencies, including US dollars. Bangladeshi traders should contact the Plus500 customer services before any activity takes place on the live account in order to change the account to the required base currency.


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Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.