Best Bsp Brokers Guide
Updated January 14, 2022
BSP Brokers
Banko Sentral ng Pilipinas brokers, or the so-called BSP brokers, offer a transparent, safe and secure financial environment in the Philippines.
BSP is the central bank of the country and it closely monitors the Philippines economy to provide a stable and growing business environment.
Being one of the most active and effective regulators in Asia, the BSP enforces various guidelines for companies, individuals, BSP brokers and other financial entities to follow.
Securities and Exchange Commission (SEC)
All the Forex BSP brokers in the country are regulated by the SEC with set rules while offering a wide range of financial products like ETFs, CFDs, commodities and Forex.
The priority is to safeguard the stability of the Philippines financial markets by having complete control over all the service providers in the industry.
Breaking of rules by companies, individuals or BSP brokers is not tolerated by the SEC. Strict actions are taken if found involved in fraudulent activities after unbiased investigation.
The SEC can any time revoke, suspend, terminate or cancel the license. It is the only authority in the Philippines to issue and renew licenses to financial entities to operate in the country.
Decisions of SEC are final and binding with respect to whether a financial service provider would be issued a license or not to operate in the market.
The primary focus of SEC is to build up confidence among investors in the Philippines by increasing transparency in the financial markets.
It also aims regulatory guidelines are strictly followed by all. It can ask the government to help in carrying out regulatory responsibilities.
SEC enjoys the power of issuing cease and desist notices in circumstances where it believes wrongdoing may risk the investors. The commission also can approach courts for matters where a resolution is needed. It can issue search-and-seizure notices too.
However, many consider the SEC has been given more than enough power and this is not something a good sign for a growing financial market.
BSPs Role
The primary role of BSP is to oversee financial stability in the Philippines. Some of the responsibilities of it include making the money exchange process streamlined in the financial markets of the country.
It determines the exchange rate policy and manages peso's reserves.
In brief, the BSP is a financial advisor, a lender and also one such agency that helps in maintaining market liquidity.
It has the power of extending loans, issuing advances, raising capital, offer discounts to financial service providers and also simultaneously act as a depository.
However, BSP does not regulate the Forex brokers as it actively has other responsibilities like keeping money supply, developing monetary policies, maintaining liquidity and issuing currency.
So, it is not a surprise that the BSP brokers are in fact regulated by the SEC.
Can I choose BSP regulated brokers
No. It is a strict no. The first thing to know here is that the commonly so-called BSP brokers are in fact regulated by the SEC and not by the BSP.
However, it is a usual practice in the Philippines to consider dealing with BSP brokers. It is important to know that such BSP brokers may not be regulated brokers.
It is strongly recommended to deal only with regulated brokers in the Philippines as they offer protection to investment to a great possible extent.
Trading Forex is highly risky and this is the reason one should not deal with unregulated brokers. The only way to keep yourself protected from fraudulent activities is to deal with an SEC-regulated broker.
BSP Brokers Verdict
The Philippines financial markets are growing rapidly with strict rules and regulations. The SEC regulates the brokers while BSP looks after the currency and money liquidity matters primarily.
All the investors are suggested to deal with regulated brokers like the ones mentioned below.
We've collected thousands of datapoints and written a guide to help you find the best Bsp Brokers for you. We hope that this information assists you in locating a reliable and reputable broker who meets your online trading requirements. We have compiled a list of what we consider the best bsp brokers below.
Reputable Bsp Brokers Checklist
There are a number of important factors to consider when picking an online Bsp trading brokerage.
- Check your Bsp broker has a history of at least 2 years.
- Check your Bsp broker has a reasonable sized customer support of at least 15.
- Does the Bsp broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
- Check your Bsp broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
- Does your Bsp broker have an international presence in multiple countries. This includes local seminar presentations and training.
- Make sure your Bsp can hire people from various locations in the world who can better communicate in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Our brokerage comparison table below allows you to compare the below features for brokers offering Bsp Brokers.
We compare these features to make it easier for you to make a more informed choice.
- Minimum deposit to open an account.
- Available funding methods for the below Bsp Brokers.
- What you are able to trade with each brokerage.
- Trading Platforms offered by these brokers.
- Spread type (if applicable) for each brokerage.
- Customer support levels offered.
- We show if each brokerage offers Micro, Standard, VIP and Islamic accounts.
Top 15 Bsp Brokers of 2022 compared
Here are the top Bsp Brokers.
Compare Bsp Brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are bsp brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more bsp brokers that accept bsp clients
| Broker |
IC Markets
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AvaTrade
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XTB
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FP Markets
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XM
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HY Markets
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Axitrader
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webull
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tradezero
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eaglefx
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skilling
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| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Dubai Financial Services Authority (DFSA) | Securities Investor Protection Corporation (SIPC), Financial Industry Regulatory Authority (FINRA) | Securities Commission of the Bahamas (SCB) | Unregulated | Cyprus Securities and Exchange Commission (CySEC), CIF license number 357/18, Financial Services Authority (FSA) under license No. SD042 |
| Min Deposit | 200 | 100 | No minimum deposit | 100 | 5 | 100 | No minimum deposit | 50 | 500 | 10 | 100 |
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| Used By | 180,000+ | 300,000+ | 250,000+ | 10,000+ | 3,500,000+ | 10,000+ | 10,000+ | 5,000+ | 2,000+ | 5,000+ | 5,000+ |
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| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Tablet & Mobile apps | MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps |
| Support |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with avatrade |
Sign
Up with xtb |
Sign
Up with fpmarkets |
Sign
Up with xm |
Sign
Up with hycm |
Sign
Up with axitrader |
Sign
Up with webull |
Sign
Up with tradezero |
Sign
Up with eaglefx |
Sign
Up with skilling |
| Risk Warning | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | Your capital is at risk | Your capital is at risk | Your capital is at risk | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor |
| Demo |
IC Markets Demo |
AvaTrade Demo |
XTB Demo |
FP Markets Demo |
XM Demo |
HYCM Demo |
Axitrader Demo |
Webull Demo |
TradeZero Demo |
EagleFX Demo |
Skilling Demo |
| Excluded Countries | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | BE, BR, KP, NZ, TR, US, CA, SG | US, IN, PK, BD, NG , ID, BE, AU | US, JP, NZ | US, CA, IL, KR, IR, MM, CU, SD, SY | US | US, JP | UK, AU, SA, AL, DZ, AS, AD, AO, AI, AQ, AG, AR, AM, AW, AT, AZ, BS, BH, BD, BB, BY, BE, BZ, BJ, BM, BT, BO, BQ, BA, BW, BV, BR, IO, BN, BG, BF, BI, CV, KH, CM, CA, KY, CF, TD, CL, CX, CC, CO, KM, CD, CG, CK, CR, HR, CU, CW, CY, CZ, CI, DK, DJ, DM, DO, EC, EG, SV, GQ, ER, EE, SZ, ET, FK, FO, FJ, FI, FR, GF, PF, TF, GA, GM, GE, DE, GH, GI, GR, GL, GD, GP, GU, GT, GG, GN, GW, GY, HT, HM, VA, HN, HK, HU, IS, IN, ID, IR, IQ, IE, IM, IL, IT, JM, JP, JE, JO, KZ, KE, KI, KP, KR, KW, KG, LA, LV, LB, LS, LR, LY, LI, LT, LU, MO, MG, MW, MY, MV, ML, MT, MH, MQ, MR, MU, YT, MX, FM, MD, MC, MN, ME, MS, MA, MZ, MM, NA, NR, NP, NL, NC, NZ, NI, NE, NG, NU, NF, MP, NO, OM, PK, PW, PS, PA, PG, PY, PE, PH, PN, PL, PT, PR, QA, MK, RO, RU, RW, RE, BL, SH, KN, LC, MF, PM, VC, WS, SM, ST, SN, RS, SC, SL, SG, SX, SK, SI, SB, SO, ZA, GS, SS, ES, LK, SD, SR, SJ, SE, CH, SY, TW, TJ, TZ, TH, TL, TG, TK, TO, TT, TN, TR, TM, TC, TV, UG, UA, AE, GB, UM, UY, UZ, VU, VE, VN, VG, VI, WF, EH, YE, ZM, ZW, AX | US, IN, PK, BD, NG , ID, BE | US, IN, PK, BD, NG , ID, BE | US, IN, PK, BD, NG , ID, BE |
All Bsp brokers in more detail
You can compare Bsp Brokers ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Bsp Brokers for 2022 article further below. You can see it now by clicking here
We have listed top Bsp brokers below.
Bsp Brokers Table of Contents
- Bsp Brokers Explained
- 6 Factors to Consider when Choosing Bsp Brokers
- Are Your Bsp Brokers Trusted And Established?
- Are The Bsp Brokers World Leading?
- What are the Bsp Brokers Commissions and Fees?
- What are the Bsp Brokers Funding and Withdrawl Methods?
- Find Bsp Brokers with Round-the-clock support?
- Make sure the Bsp Brokers Offer Comprehensive Trader resources?
- Why Bsp Brokers needs to be regulated?
- Bsp Brokers FAQ
- What are the best Bsp brokers?
- What is the best Bsp broker?
- Related Bsp Brokers Reviews
- Related Bsp Brokers Alternatives
- Related Bsp Brokers Comparisons
Bsp Brokers Explained
Trading the financial markets with Bsp Brokers when conditions are volatile can be difficult, even for experienced traders.
Apart from the educational and other resources made available online, another important factor for traders to consider when looking for Bsp Brokers is the platform that a Bsp Brokers offer.
Choose Bsp Brokers that's at the forefront of innovation and generally considered an industry-leader.
To gain access to the financial markets, you'll need Bsp Brokers that you can rely on.
6 Factors to Consider when Choosing Bsp Brokers
Follow these five rules for selecting a broker that's right for you:
Are Your Bsp Brokers Trusted And Established?
Look for a broker that has a good track record/longevity in the market so that your strategy is your primary concern for navigating the markets. The top rated Bsp broker is IC Markets. Established in 2007, and in operation for 12 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is AvaTrade.
AvaTrade was established 2006, and in operation for 12 years AvaTrade have a head office in Ireland .
AvaTrade is regulated. This means AvaTrade are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
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AvaTrade
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XTB
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FP Markets
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XM
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HY Markets
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| Year Established | 2007 | 2006 | 2002 | 2005 | 2009 | 1977 |
| Head Office | Australia | Ireland | Poland | Australia | Cyprus | UK |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Financial Conduct Authority (FCA), FCA reference number 186171, Cyprus Securities and Exchange Commission (CySEC), CySEC license number 259/14, Cayman Islands Monetary Authority (CIMA), CIMA reference number 1442313, Dubai financial services authority (DFSA), DFSA license number 000048 |
| Used By | 180,000+ | 300,000+ | 250,000+ | 10,000+ | 3,500,000+ | 10,000+ |
| Negative balance protection | Yes | No | Yes | Yes | Yes | No |
| Guaranteed Stop Loss | No | No | No | No | No | No |
| Learn More | Visit IC Markets | Visit AvaTrade | Visit XTB | Visit FP Markets | Visit XM | Visit HYCM |
| Risk Warning | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits |
Are The Bsp Brokers World Leading?
Choose a broker that's at the forefront of innovation and generally considered an industry-leader. IC Markets Segregates clients funds and offers over 232 instruments. IC Markets offers both an online trading platform as well as a mobile platform giving clients easy access to markets.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for Bsp Brokers is AvaTrade . AvaTrade Segregates clients funds and offers over 1250 instruments.
| Broker |
IC Markets
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AvaTrade
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XTB
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FP Markets
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XM
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HY Markets
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| Instruments Available | 232 | 1250 | 4000 | 100 | 1000 | 100 |
| Platforms | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Tablet & Mobile apps |
| Excluded Countries | US | BE, BR, KP, NZ, TR, US, CA, SG | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, JP, NZ | US, CA, IL, KR, IR, MM, CU, SD, SY, PT | US |
| Forex pairs offered | 65 | 55 | 57 | 60 | 80 | 40 |
| Forex pairs offered | 65 | 55 | 57 | 60 | 80 | 40 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | Yes | Yes | Yes | No | Yes |
| Commodities Offered | 19 | 17 | 21 | 18 | 15 | 10 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | Yes | Yes | Yes | No | Yes |
| Stocks Offered | 110 | 1000 | 1696 | 10000 | 160 | 10 |
| UK Shares | Yes | Yes | Yes | Yes | No | No |
| US Shares | Yes | Yes | Yes | Yes | No | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | No |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | No |
What are the Bsp Brokers Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated Bsp broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated Bsp broker AvaTrade offers Forex, Cryptocurrencies, Commodities, Indices, Stocks, Bonds, Vanilla Options, ETFs, CFDs, Spread Betting, Social Trading . AvaTrade minimum deposit is 100. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
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AvaTrade
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XTB
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FP Markets
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XM
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HY Markets
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| Min Deposit | 200 | 100 | 0 | 100 | 5 | 100 |
| Withdrawl Fees | No | No | varies | No | No | Varies |
| Inactivity Fees | No | No | Yes | No | Yes | Yes |
| Deposit Fees | Varies | No | No | Yes | No | No |
| CFD Commission Fees | Yes | No | Yes | Yes | No | No |
What are the Bsp Brokers Funding and Withdrawal Methods?
When dealing with Bsp Brokers having convenient funding and withdrawl facilities makes the trading process and your trading experience smoother.
| Broker |
IC Markets
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AvaTrade
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XTB
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FP Markets
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XM
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HY Markets
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | Yes | Yes | Yes | No | Yes |
| Skrill | Yes | No | Yes | Yes | No | Yes |
| Payoneer | No | Yes | Yes | No | No | Yes |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes |
Find Bsp Brokers with Round-the-clock support?
Customer service is very important when dealing with Bsp Brokers.
When investing and dealing with brokers customer support can be a range of customer services to assist customers in making cost effective and correct use the brokers services. It can include assistance in installation, training, troubleshooting, upgrading, and cancelation of a product or service.
Bsp Brokers customer support can include Phone answering services, Live chat support and Email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
AvaTrade support a wide range of languages including Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish
IC Markets and AvaTrade offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
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AvaTrade
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XTB
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FP Markets
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XM
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HY Markets
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| Support |
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| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | English, Spanish, Portuguese, Romanian, Bulgarian, Arabic, Russian, French, Italian, Greek, Philippines, Latvian, Polish,Indonesian, Thai, Malay, German, Vietnamese | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Chinese, Chinese (Traditional), Arabic, and Russian |
| Learn More | Visit IC Markets | Visit AvaTrade | Visit XTB | Visit FP Markets | Visit XM | Visit HYCM |
| Risk Warning | Losses can exceed deposits | 71% of retail investor accounts lose money when trading CFDs with this provider | 74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits |
Make sure the Bsp Brokers Offer Comprehensive Trader resources?
Make sure your broker offers free resources like analysis, education and risk-management tools. With a wealth of knowledge from top analysts, IC Markets and AvaTrade work together to bring the latest news and insights to traders.
For most traders, the first – and sometimes only – concern is pursuing their 'edge'. While that is surely important, along with sound money management habits, to navigating the markets; that step alone does not represent the full preparation. As each trader dives into this important venture, it is important not to forget the most rudimentary yet crucial steps such as selecting the best broker to access the markets.
Why Bsp Brokers needs to be regulated?
A regulated Bsp broker lowers your risk.
Broker regulation protects consumers. Too little broker regulation can lead to poor services and possibly financial harm.
Bsp brokers are regulated to stop fraud. The agent's working capital and clients funded account have to be separated. This amounts to fraud if client money is used to conduct the business. Regulation is required to make sure this does not happen.
Bsp Brokers List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, MacCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mac, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mac, ZuluTrade, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Web Trader, Tablet & Mobile appsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account Islamic account VIP account
