ASX Vip: an account type similar to an ECN account. Order processing speed is fast, orders are pushed directly out of the market, without re-quotes. The spread on this account is the lowest, from just 0.0 pips, as forex offers traders the best quotes from liquidity providers. This account is especially suitable for professional traders who trade high volume.
ASX Raw: This is a type of account exclusively for large customers with a lot of capital who want to experience the best trading conditions. Traders who register for this account will receive direct support from the exchange’s experts, access to the best trading tools. Spread on this account ranges from 0.6 pips.
4. Top trading platform
ASX Markets currently allows exchanges on the MT4 platform. This is also a commonly used trading software today. This software satisfies quite a lot of requirements from simple to complex of both novice and professional traders. Therefore, MT4 is the choice of many brokers in the world.
5. Reasonable leverage ratio
The maximum leverage commonly used for trading accounts is 1: 400. However, this rate will be applied differently in different account types.
- Forex is 1:400, forex pairs and some cross currency pairs can only use a maximum ratio of 1:100.
- Index is 1:100
- Goods are 1:100
1:400 is quite reasonable leverage. Too low leverage will not help investors improve investment returns. Meanwhile, high leverage comes with a high risk ratio. 1: 400 is probably the right ratio for trading investors to have the opportunity to increase their income, while minimizing the risk in the transaction process.
6. No commission fees
When opening an account at ASX Markets, investors will reduce part of the transaction costs because the exchange will not charge commission on your trades.
7. Low spread
ASX Markets applies fixed spreads on ASX Fixed accounts and floating spreads on the other 3 account types. ASX Raw and ASX Vip have very low spreads, which are very suitable for investors with large capital and high trading volume.
Like other brokers, floating spreads at ASX Markets also have a certain degree of expansion. Depending on the degree of strong market volatility, spreads are stretched. However, as commented by some investors who traded at ASX Markets, the spread of this exchange did not stretch too strongly and was within acceptable levels.
8. Many attractive promotions
Talking about promotions, ASX Markets is a leading name among brokers in Vietnam. This exchange regularly organizes trading programs to receive gifts, receive attractive monthly bonuses to motivate traders.
In addition, ASX Markets also has an attractive bonus program for new investors:
100% First Deposit Bonus: a program offering 100% bonus on the first deposit. This is only applicable once and the maximum bonus received is 5,000 $.
50% ReDeposit Bonus: this is also a deposit promotion, but applies from the 2nd deposit onwards and only gets a 50% bonus on the amount deposited.
9. Best customer care service
This is an outstanding advantage that helps ASX Markets beat a series of other emerging exchanges. Whether you are trading or have not opened an account on this floor, the consultants are very enthusiastic. Customer Service Center 1900299990 will support investors 24/5 any time with questions in transactions.
These reasons are top advantages of choosing the ASX Markets to start trading. Experience ASX Markets’ service and let us know what you think!