Broker to trade emerging markets currencies? | Forex Factory

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Broker to trade emerging markets currencies?

  • #1
  • First Post: Mar 26, 2013 8:40pm Mar 26, 2013 8:40pm
Hi, I'm looking for a broker with micro-lots that provides pairs with currencies of countries like Russia, Brazil, China, India, Turkey, South Korea, Philippines, Malaysia, Indonesia, etc... Thanks!
  • #2
  • Mar 27, 2013 2:19pm Mar 27, 2013 2:19pm
fxdd has try, sgd, cnh, inr, krw and hkd
  • #3
  • Mar 27, 2013 10:55pm Mar 27, 2013 10:55pm
Try Hotforex, Oanada or Gallant
  • #4
  • Apr 1, 2013 2:19am Apr 1, 2013 2:19am
Hotforex, Fxpro are brokers you should try. They are regulated and decent brokers.
  • #5
  • Apr 8, 2013 4:04am Apr 8, 2013 4:04am
those are quite exotic, like philippine peso? i haven't seen it yet in any online broker if you find one keep us posted
  • #6
  • Apr 9, 2013 2:15pm Apr 9, 2013 2:15pm
I'd like to know this also.

I have live accounts with Hotforex & Alpari, which offer some exotic pairs, but not as much as I'd like. For example I am looking to trade Saudi Arabian Riyal. By the way, most live accounts offer extra pairs you don't get with demo accounts.

Oanda seems to have a lot of exotic pairs I'm interested in, however I strongly believe Oanda is one of the worst brokers around.

Thanks for any help.
  • #7
  • Apr 12, 2013 2:13am Apr 12, 2013 2:13am
ksa riyal that's another currency that seems good to trade, I'm not so sure about their rate but I think 1usd = 4-5 ksa haha

when I first started forex a couple years back oanda had good feeds not so sure what happened.
  • #8
  • Apr 14, 2013 12:45am Apr 14, 2013 12:45am
Saxo Bank offers 169 currency pairs, including a lot of middle eastern currencies, CNH, MXN, and eastern European currencies.

Anyone knows where I could find Latino currencies such as the Peruvian peso, Brazilian real etc.?
  • #9
  • Apr 16, 2013 2:20am Apr 16, 2013 2:20am
can i trade online with saxo bank? oh why don't i just google it haha thanks for the update might as well check with the currencies offered
  • #10
  • Apr 16, 2013 2:45am Apr 16, 2013 2:45am
They offer metatrader 4 and a platform called "SaxoTrader" (not as easy to use as MT4, some getting used to I guess). Only the SaxoTrader platform offers the full 169 pairs. Not sure if there is web based trading.

Please note the minimum deposit is 5000 USD. This seems to be for more serious traders / investors, but gives you way more possibilities. However I'm annoyed they don't offer the Latino currencies!!
  • #11
  • Apr 22, 2013 2:08am Apr 22, 2013 2:08am
Min dep is $5000! OMG! that broker should be for professional trader. I only trade with hunded account and brokers are offering min dep as 10-50$ . Hotforex
and Oanda are good on that.
  • #12
  • Apr 22, 2013 2:14am Apr 22, 2013 2:14am
Quoting undergroundz
Min dep is $5000! OMG! that broker should be for professional trader. I only trade with hunded account and brokers are offering min dep as 10-50$ . Hotforex and Oanda are good on that.


and they also give choco bar with every successful trades?
been there done that, Good Bye
  • #13
  • Last Post: Apr 24, 2013 2:12am Apr 24, 2013 2:12am
What do you mean? Do you indicate I'm a newbie?
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