Top 10 forex trader in bangladesh
For our bangladesh comparison, we found 23 brokers that are suitable and accept traders from ukraine.
Free forex bonuses
68.5% 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.
Compare brokers in bangladesh
For our bangladesh comparison, we found 23 brokers that are suitable and accept traders from ukraine.
We found 23 broker accounts (out of 147) that are suitable for bangladesh.
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About XTB
Platforms
Funding methods
82% of retail investor accounts lose money when trading cfds with this provider.
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About IG
Platforms
Funding methods
76% of retail investor accounts lose money when trading spread bets and cfds with this provider
Avatrade
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About avatrade
Platforms
Funding methods
79% of retail investor accounts lose money when trading cfds with this provider.
Forex.Com
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About forex.Com
Platforms
Funding methods
79% of retail investor accounts lose money when trading cfds with this provider
Plus500
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About plus500
Platforms
Funding methods
76.4% of retail CFD accounts lose money
Axitrader
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About axitrader
Platforms
Funding methods
68.5% 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.
Etoro
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About etoro
Platforms
Funding methods
71% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you can afford to take the high risk of losing your money.
XM group
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About XM group
Platforms
Funding methods
78.04% of retail investors lose money when trading spread bets and cfds with this provider.
City index
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About city index
Platforms
Funding methods
73% of retail investor accounts lose money when trading cfds with this provider
Easymarkets
Spreads from
What can you trade?
- Forex
- Crypto currencies
- Indices
- Commodities
- Stocks
- Etfs
About easymarkets
Platforms
Funding methods
83% of retail investor accounts lose money when trading cfds with this provider.
Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.
The ultimate guide to
Best online brokers for bangladesh
The primary stock market in bangladesh is the dhaka stock exchange (DSE), which was founded in 1986, but originates back to 1954 when the east pakistan stock exchange association ltd was first incorporated. The DSE now ranks 48th among the largest stock exchanges globally, with a market capitalisation of around $42.42 billion in 2019.
The DSE provides a basic listing service in stocks and equity derivatives for bangladeshi companies. It also lists mutual funds and has plans to offer more assets in future, like real estate investment trusts (reits) and exchange traded funds (etfs). The exchange also provides trading in bangladeshi debt instruments like treasury bonds and corporate bonds and debentures.
The primary broad stock market index for the dhaka stock exchange is the DSE broad index (DSEX), while the exchange’s main narrower blue chip index is the DSE 30 index (DS30). Stocks in both of these indices are weighted by their float-adjusted market capitalisation, and neither index includes mutual funds or debt instruments.
Bangladesh also has a second significant stock exchange known as the chittagong stock exchange (CSE) based in chittagong. It was incorporated in 1995, demutualised in 2013, with its next generation trading system (NGTS) becoming operational in 2011. The CSE ranks 50th among the largest stock exchanges globally, with a market capitalisation in 2019 of $40.36 billion.
The CSE’s listing service includes stocks of bangladeshi companies, mutual funds and corporate bonds. Like the DSE, the CSE also has plans to offer additional assets soon, including real estate investment trusts (reits), exchange traded funds (etfs), commodities and derivatives. The primary broad stock index for the CSE is the CSCX or chittagong special categories index that incorporates all the securities the CSE lists, including Z category stocks. Narrower blue-chip indices include the CSE 30 and the CSE 50 indices that are made up of the top 30 and 50 best stocks traded on the CSE respectively.
The bangladeshi taka (BDT) is the national currency for the people’s republic of bangladesh. Takas are issued and managed by the bangladesh bank that acts as the central bank of bangladesh. Each taka is further broken down into 100 lesser units called poisha. In its 2016 survey, the bank for international settlements (BIS) did not rank the bangladeshi taka among the 35 most actively traded currencies that year. The BDT also failed to rank among the currencies most commonly held as central bank reserves in 2018, as per the international monetary fund (IMF) .
The main securities market regulator in bangladesh is the bangladesh securities and exchange commission (BSEC) that operates under the country’s ministry of finance. The BSEC was formed in 1993 to regulate the country’s capital markets under the securities and exchange commission act 1993. This regulator aims to protect the interest of securities investors, develop the securities market in bangladesh and formulate securities legislation. Forex trading is legal in bangladesh, and online forex brokers are overseen by the bank of bangladesh.
How to trade in bangladesh
None of the major online forex brokers are situated in bangladesh, although traders based in the country can deposit money for online trading by opening accounts with foreign brokers that will accept them as clients. Traders should also make sure that a broker allows for withdrawals and deposits in bangladeshi taka, if they do not have an available balance in another currency.
Any broker located outside of bangladesh also needs to be strictly regulated in its local jurisdiction and keep client funds separate in segregated accounts to keep funds deposited as margin protected. Brokers should also have good overall client reputations, as well as a sufficient range of tradable assets and services.
Most online forex brokers will allow practice trading and strategy development via demo accounts funded with virtual money. Funded accounts are also available at online brokers, and they require traders to put up a minimum initial deposit to use as margin before starting to trade live. Since bangladesh is a muslim country, some brokers offer islamic accounts without swaps on rollovers that comply with sharia law.
Virtually all online brokers provide customer service and a website in english. If accessing a broker’s website in a language other than english is important, such as in bengali, rangpuri, assamese, bihari or urdu, then be sure to ask about that in advance to assure that those needs can be accommodated.
Online brokers vary substantially when it comes to the asset classes they allow clients to trade, although the most do offer some kind of forex trading in the major currency pairs. Contract for difference (CFD) trading is popular outside the united states, and CFD brokers will typically give traders the ability to trade more assets.
Regarding stock trading, both the dhaka and chittagong stock exchanges provide fair and transparent markets for several asset classes, including bangladeshi stocks. DSE and CSE trades are generally executed in bangladeshi taka, and live trading has taken place on the DSE via its automated trading system (ATS) since 2006 and on the CSE’s next generation trading system (NGTS) since 2011.
Biggest opportunities of trading in bangladesh
The bangladeshi financial sector is in the process of development. It presently consists primarily of a banking sector and a mostly undeveloped equity and capital market. And while the country is relatively small in size, its population of 167.9 million makes bangladesh the eighth most populous and the most densely populated nation in the world, excluding city states.
According to GOV.UK , bangladesh aims to become a middle income country by 2021, with a plan for growth through massive investment in infrastructure, skills development and trade. Other benefits for companies aiming to do business bangladesh include:
- An annual growth rate of at least 5.3% over the last 16 years.
- Poverty levels have approximately been cut by half in the last decade.
- Ready made garment (RMG) export levels have quadrupled in 5 years.
- English is widely spoken in business.
- There is a strong consumer demand for products, equipment and services.
With respect to world bank rankings for doing business, bangladesh scored rather poorly in most categories, with protecting minority investors being its best overall ranking at 89 th .
Biggest challenges of trading in bangladesh
According to the world bank group , bangladesh’s top trading partners are the united states, germany, the UK, spain and france. Other countries that trade actively with bangladesh include: china, india, hong kong/china and singapore.
Any upcoming brexit, which is set to occur on october 31 st , 2019, should have minimal impact on bangladesh’s existing trade with the UK since those countries do not have an existing trade agreement.
The world bank ranked bangladesh at a dismal 176 th for general ease of doing business, and the country had even worse rankings of 189 th for enforcing contracts and 183 rd for registering property. Other areas that received low scores were obtaining electricity, trading across borders and obtaining credit, for which the country ranked 179 th , 176 th and 161 st respectively.
Summary
In summary, traders and businesses may find bangladesh a somewhat challenging place to operate in. Although bangladeshi securities firms receive competent oversight by the BSEC, forex traders should look for a firm authorised to operate in bangladesh by the bangladesh bank.
When selecting an online broker to trade through from bangladesh, traders should ensure that a broker offers the asset classes they want to trade, has a good reputation, is well regulated, and accepts deposits in a currency they can readily obtain. The online broker should also provide a free trading platform that has the necessary features and should separate client funds from its own money for added safety.
Why choose XTB
for bangladesh?
XTB 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 XTB scored highly in:
- 16+ years in business
- Offers 1,500+ instruments
- A range of platform inc. MT4, mirror trader, web trader, tablet & mobile apps
XTB offers three ways to tradeforex, cfds, social trading. 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.
XTB have a AAA trust score. This is largely down to them being regulated by financial conduct authority, segregating client funds, being segregating client funds, being established for over 16
Trust score comparison
XTB | IG | avatrade | |
---|---|---|---|
trust score | AAA | AAA | AAA |
established in | 2002 | 1974 | 2006 |
regulated by | financial conduct authority | financial conduct authority and ASIC | central bank of ireland, ASIC, IIROC, FSA, FSB, UAE and BVI |
uses tier 1 banks | |||
company type | private | private | private |
segregates client funds |
A comparison of XTB vs. IG vs. Avatrade
Want to see how XTB stacks up against IG and avatrade? We’ve compared their spreads, features, and key information below.
World’s most successful forex traders in history: top 10
The majority of beginners, myself included, are fascinated by stories of the most successful forex traders. Everyone tries to imitate them, wants to be at the same financial level as they are right now, but no one pays attention to details that do matter a lot. They’ve spent hours of sleepless nights to be considered among the greatest ones.
Their success stories are inspiring, helping us to take action. Let me introduce you to the people, who have managed to influence the entire world by trading currency pairs onto the rapidly growing market. Surely, learning more about the best forex traders in the world will help move towards the goal of becoming the most successful forex trader yourself.
George soros
We are sure everyone living in the 21st century has at least once heard about the existence of the man who broke the bank of england, probably the most influential human being within a net worth of $8 billion. His career skyrocketed by the end of the 90s when betting against the british pound led to him generating more than one billion US dollars in profits, mentioning the fact that it took him less than a day to achieve the above-mentioned result, essentially joining the club of forex millionaires overnight.
Unlike many others, geoge soros has not been employing a scalping strategy or any other day trading technique. The majority of his trades were done over a long period of time. Actually, quantum fund was the first company he founded, leading to him generating stable income lasting for years. Forex exchange market helped him experiment with a variety of strategies. Getting to know details of the buying and selling techniques later on turned into breaking the english bank, impacting the entire industry. No one has ever done something similar to the finance niche.
Bill lipschutz
If you want to find out how to be a successful trader in forex then following the journey of lipschutz is the only thing that you should do after finishing reading this article. Co-founder and former director of hathersage capital management, has gained popularity among millions of traders after successfully managing to turn $12,000, inherited from the grandmother in billions of dollars, helping salomon brothers make $300 million a year.
Bill commenting on his trading strategy – “I don’t trade on rumors, I’m the basic trader, trying to gather information, helping me to decide if the investment is worth rooting for”.
While B ill lipschutz net worth is not known, he is easily among the best forex traders out there.
Andrew krieger
Andrew undoubtfully makes the list of the most successful forex traders in the world. While being a young entrepreneur at the age of 32 years, he was paying attention to the currencies rallying against the dollar after facing the so-called black monday crash. It was a perfect opportunity for krieger to make some profits. Taking up the short position against the new zealand dollar has helped him earn hundreds of millions of dollars, exceeding the entire supply of the country.
Paul tudor jones
Hedge fund manager and well-known american investor, paul jones built up his career by having the biggest return on investments. Things started to move fast in the year of 2013, when he made a bet with tremendously big capital against the japanese currency, yen. Following the short-selling, it led him to have close to a 20% return rate, landing him amongst the richest forex trader in the world.
Paul differentiates from the successful forex traders by having a unique investment philosophy. Pure words of wisdom: “I don’t care about the mistakes made a few seconds ago but I wonder how they will influence the behaviour afterwards”.
His firm – tudor investment corporation has faced a bunch of lawsuits, leading to him losing a substantial amount of money. While he did manage to solve all the financial issues, it will surely take some time to get the high-profit returns back to the game.
Bruce kovner
It took bruce more than 30 years to make his first trade on the forex market. Purchasing the right futures contracts resulted in earning multiple six figures. Considering the fact that he was driving a taxi for pocket money, before becoming top forex trader and a billionaire, supports the idea that everyone is capable of having their dreams fulfilled. It is just a matter of time and pure dedication to the work to make things happen.
Stanley druckenmiller
Having the right mindset along with a successful forex trader lifestyle can influence the possible outcome that you are trying to achieve. Stanley druckenmiller is a perfect example of how growing up in a suburban area of the country can not make a difference when the trader has a proven strategy to work with.
He had been in charge of managing money for george soros, which made the greatest impact on his financial career. The net worth of $4.6 billion, and years of experience working as a lead hedge fund manager, has given him a chance of operating money through a family office without taking any further responsibilities while maintaining his status as one of the richest forex traders.
Trade with a UK-regulated broker on MT4 & MT5 platforms for free!
Joe lewis
Born in great britan, and having the obligation of paying taxes made joe leave the country in the early period of his life and made it impossible to trade with the UK FX brokers for him. After successfully operating and later on selling his father’s business, moving to the bahamas was the only option to maximize the potential income on upcoming trades, targeting the forex market.
Joe lewis is among the best forex traders to follow, due to his persistence during the early period of his life, deep knowledge of the forex niche, sizeable forex net worth , and his position as an investor in leading real estate, restaurant, and resort businesses.
Michael marcus
Childhood dreams started to turn into reality when michael connected with ed seykota back in the late 20s. He managed to take in all kinds of information on how ed managed to build one of the most successful software companies, orienting onto the trading market.
Having the proper mentorship helped marcus surpass one of the top forex traders in the world. Becoming an experienced commodities trader in less than 10 years period made him turn his hardly collected $30,000 into close to one hundred million. We’re sure none of you can imagine generating that much income with the low capital. Sometimes knowledge is the only thing that truly matters for having a successful career and joining the ranks of the best forex traders in the world .
Urs schwarzenbach
The united kingdom-based trader, the founder of the intex exchange, urs deserves to be mentioned as the most successful forex trader. The FX community itself may not refer him to the best one, but the kind of knowledge and the ways of dealing with issues he encountered is what defines a successful financial career.
Having a few years of experience in the corporate world was the main reason why he had managed to earn the first million dollars on the foreign exchange market without owning any large capital. Still, there are no sources, indicating how urs makes this amount of money, but one thing is sure – running multiple companies without facing any financial issues definitely is not easy and requires a certain type of patience and education.
Richard dennis
The so-called genius of the commodity trading systems, richard borrowed less than $2k from his relatives and turned it into $200,000,000 in an approximately 10-year timeframe, earning his position among top 10 forex traders in the world . While working as an order runner for the chicago mercantile exchange, he managed to learn the basics of trading and later expanded his knowledge.
He’s mentored thousands of brokers, located in different parts of the world. Considering the fact that he has also managed to unite people interested in trading for the purpose of achieving a certain financial goal. It took them about 4 months to exceed annual revenue of $100 million.
Here’s one of the famous quotes, that got my attention: “I always say that everyone can publish a set of rules into the newspaper and no one pays attention to the actual power of it. The mandatory thing is discipline and consistency”.
Start your own journey into forex
The success stories of these people are a monument to the fact, that anyone can make it in forex trading. There are many ways to find the right strategy for you, be it through years of research, studies and mentorships, high-risk stakes or cold-calculated moves. These stories can inspire every one of us to get down and start our own journey into the exciting world of forex, full of opportunities. And while passion for trading is certainly an important part of success, its only half the equation, and you need to conduct good research and find strategies well suited to you. Our advice would be to start out with small trades on a reliable trading platform, to put your skills to test and let them grow, as the saying goes – practice makes best. What can also do is, open a demo account at forex platforms that offer such services, so that you can start trading with no financial risk for yourself.
Key takeaways
Making the list of successful forex traders is not an easy thing to do. However, the ones who want to step into the world of trading should have enough courage and proper financial education to reach the desired results. Considering the costly mistakes along the journey will also help you accelerate your career growth, leading to you living your dream life. Unfortunately, only having the knowledge of stories of successful forex traders’ is not enough for having the right direction. You will need proper guidance and hours of practice to get to the level where you want to be.
Take some time to take in proper financial education. Without knowing the specific terms and strategies, it will be close to impossible to find success. Undoubtfully, people with some sort of financial background can easily take you over, no matter what career path you will choose.
Some people root for the business school, while others think that going through the macroeconomic courses will be enough to enter the forex market. You might have already heard the statement that having the official education is kind of obligatory. Nowadays the set of rules, regulating the market constantly changes and that’s the reason why no one knows what will happen in the close future. We do recommend having certified documents in order to prove others wrong and start your journey towards becoming a successful FX trader.
Best forex brokers in bangladesh 2021 (top 10)
Finding the best brokerage firm as a bangladeshi can be a difficult process. Especially getting the ones that accept bangladeshi traders and would allow you to invest in your currency, the bangladeshi taka. Don’t worry, you’re not alone.
We’ve listed the best trading sites that would let you as a bangladeshi trader, trade indices, forex, stocks, etfs, binary options, cdfs, and some cryptocurrencies like ethereum and bitcoin.
These brokers also support payment options that will allow you as a bangladeshi trader to make your deposit and quick withdrawal of your profit. They provide the lowest fees and support ctrader, MT4, and MT5 trading platforms.
They also provide the best signup bonuses for new traders from bangladesh, and are trusted, safe, and have a long term record in the forex world.
Here’s a breakdown of the top 10 best forex brokers in bangladesh:
- XM – best overall forex broker in bangladesh.
- Hotforex – most trusted online forex broker.
- IC markets – best forex broker with the lowest spreads.
- IQ option – best online broker for forex trading.
- Etoro – best forex broker for copy trading.
- Olymp trade – best broker for forex investors.
- FXTM – best FX broker for online trading.
- Expertoption – best reliable forex trading platform.
- Alpari – great for dedicated forex day traders.
- Octafx – award winning international forex broker.
Best forex brokers in bangladesh video
Here’s how we choose the best broker for you!
Regulated – before any bangladeshi trader signs up to a new broker, the trader needs to check if the broker is regulated. A regulated broker is one that follows the strict rules of the forex regulators to prevent scamming small investors like you and i.
Major regulators in the industry include DFSA, SCB, cysec, FCA, FSB, mifid, ASIC, IFSC, bafin, and many others. Before creating our list of the best brokers for bangladeshis, we had to make sure they were all regulated and trusted brokers.
Offers demo account – A demo trading account is a virtual account made by a broker for new traders who want to test the brokers’ platform before depositing real money. This feature is essential for beginners who are still new to forex trading and won’t like to lose their investment while learning how to trade.
Asset coverage – asset are financial instruments available for us to trade on. They range from commodities like gold and silver to cryptocurrencies, stocks, cfds, etfs, indices and currency pairs. Most brokers offer all asset types, while some offer a selected range asset type.
Offers mobile trading – every bangladeshi forex trader needs to have access to the inter-bank market irrespective of which device they own. This is why brokers make available mobile apps for android and ios, desktop, and web apps for traders. This makes trading seamless and less stressful.
Easy deposit/withdrawal – as a bangladeshi forex trader, you need to choose a broker that supports the payment option that works in bangladesh. Also, the payment option needs to provide the lowest fees and fast in processing payments. For bangladeshis, skrill, neteller, master card, visa card, and webmoney are the best payment options.
Effective customer service – before signing up to a broker, you need to first visit the brokers’ website and ask as many questions as possible. This helps you gain confidence in the platform and helps you resolve any issues that might come up during trading.
Below is the list of all the best brokers that accept bangladeshi traders. We’ve also included the pros & cons of each broker with links to the brokers official website.
Best forex trading apps in bangladesh 2021 (top 10)
Finding the best online trading app as a bangladeshi can be a difficult process. Most especially getting the ones that accept bangladeshi forex traders and would let you download them on your android or ios device. Don’t worry, we’ve got you covered!
We’ve listed the top best online forex trading apps that would let you as a bangladeshi trader, trade forex and stocks.
Here’s a breakdown of the top 10 best forex trading apps in bangladesh:
- XM – best overall forex trading app in bangladesh.
- IQ option – ideal FX app for beginner traders.
- Hotforex – most trusted forex trading app.
- IC markets – best forex app with the lowest spreads.
- FXTM – best forex app for online trading.
- Octafx – award winning international forex app.
- Alpari – ideal app for dedicated forex day traders.
- Etoro – best app for forex copy trading.
- Olymp trade – best reliable forex trading app.
- Expertoption – best online forex trading app experience.
Best forex trading apps in bangladesh video
Below is the list of all the best forex trading apps that accept bangladeshi traders. We’ve also included the pros & cons of each of the forex trading apps with links to download them on your device.
Hire forex traders in bangladesh
Explore some of upwork’s top forex traders in bangladesh
Financial writer - forex & equities
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Expert forex MT4|MT5|tradingview|ninjatrader NT7/NT8 developer
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Expert forex MT4 (MQL) programmer with forex trading
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I am a professional forex MT4(MQL4) developer with forex trading experience since 2010. I have completed more than 300 MT4 EA/indicators development for clients around the world. I am able to create any kind of forex expert advisor(EA)/robot and indicator based on your given strategy and also can modify your existing EA/indicator as your instruction. You can message me about your project details, choose me and we are on the go! And I am sure that, I can help you with professional quality and price. I am always trying to make my client happy by my work and I am ready to start working for you today.
Professional MQL programmer&& web developer&& digital marketer
Hi, I am suman chatterjee and I am a professional MQL programmer and i have completed many projects on MQL PROGRAMMING, WEB DEVELOPING AND DIGITAL MARKETING.I am also a full time professional ⇊⇊⇊⇊ ⇛fx && stock trader && programmer (ALGO) ⇛full stack web developer ⇛digital marketer ↴↴↴↴↴↴↴↴↴↴ ⇩MY SKILLS ( PROGRAMMING) : ➮MQL4/MQL5 ➮C#(ALGO, C TRADER), PYTHON (QUANTUM TRADING) ➮TRADING VIEW(PINE SCRIPT) ➮ CURRENCY, STOCK AND ALGO TRADING ⇩MY SKILLS ( FX TRADING ) : ↪↪I am a professional algo trader in forex and stock market. I use ⤑NINJA, ⤑MATLAB and other tools for analysis.I am certified algo trader.
Forex trader & currency analyst
Hi myself ahasanul abid. I am a forex trader & currency analyst with 4 years of experience. I'm also expert at, *web research. *amazon seller center. *SEO & keyword research. *video editing. *white board animation making. *youtube content creating. Etc.
Financial market analyst, article writer
The percentage of this freelancer's jobs that resulted in a great client experience.
Having 7 years of experience in financial writing and altogether 9 years of working as a virtual assistant/writer have given me the confidence that any task is doable if the right effort is given. I am a hard working individual who believes in working hard with intelligence. I look forward to serving my clients on anything regarding the forex market. I will be able to help with word press, SEO, article writing, website content writing, back linking, chart analysis, trading recommendation, trade setup etc. My writings have been published in many reputed forex forums, blogs, and websites. I believe simplicity is the best way to go with.
SEO, digital marketer, foreign exchange trader, lead generatio.
I am an experienced SEO/ digital marketing and / graphic design also foreign exchange trading expert in 8 years and writing forex article. Over 6 years I was working in SEO /digital marketing and logo design in local IT company and I worked international buyer on linkedin. I am able to provide you a very best service than others, on SEO, digital marketing and /graphic design also foreign exchange trading/ article writing and forex trading analysis. I have a local IT company in bangladesh so I will provide the best service for you. I am always available to provide a service for your company and business. I will try your work very carefully.
Best forex trading apps in bangladesh 2021 (top 10)
Finding the best online trading app as a bangladeshi can be a difficult process. Most especially getting the ones that accept bangladeshi forex traders and would let you download them on your android or ios device. Don’t worry, we’ve got you covered!
We’ve listed the top best online forex trading apps that would let you as a bangladeshi trader, trade forex and stocks.
Here’s a breakdown of the top 10 best forex trading apps in bangladesh:
- XM – best overall forex trading app in bangladesh.
- IQ option – ideal FX app for beginner traders.
- Hotforex – most trusted forex trading app.
- IC markets – best forex app with the lowest spreads.
- FXTM – best forex app for online trading.
- Octafx – award winning international forex app.
- Alpari – ideal app for dedicated forex day traders.
- Etoro – best app for forex copy trading.
- Olymp trade – best reliable forex trading app.
- Expertoption – best online forex trading app experience.
Best forex trading apps in bangladesh video
Below is the list of all the best forex trading apps that accept bangladeshi traders. We’ve also included the pros & cons of each of the forex trading apps with links to download them on your device.
Top 10 forex trader in bangladesh
To date, alexander elder is mostly known as an american stock exchange trader and an author of several books. However, it’s rarely mentioned that his main field of activity is medicine, where he is quite successful as well: his clinic is functioning and has a good reputation in the US. Alexander was born in leningrad, .
What ideal broker looks like?
Ask this question to 10 professional traders, and you will get 10 different answers: some say, that high leverage level is mandatory for high profits, others say that you don’t need any leverage at all; some traders value market execution more than everything, others believe in the importance of instant execution; some people prefer floating spreads, while others choose higher, yet fixed rates of interest; in addition, personal preferences in terms of trading platforms may differ too.
That is why only 2 factors really matter in forex market: broker’s trustworthiness and your personal preferences. A broker can be evaluated by possession of a license and customer reviews. However, your peculiar preferences may prevent you from making your first deposit even after considering dozens of offers and hundreds of dealing centers.
Our ranking of forex dealers is designed for a quick and easy-to-use search: simply input the required parameters and you will get a list of dealing centers that match your preferences; if you are a beginning broker and you don’t really know what you are looking for, you can always ask our experts for help; the most important feature of a good broker is his trustworthiness. That’s why our rankings are based on detailed analysis of trading platforms, reviews and ratings by traders with different level of competence and expertise; our rankings are the easiest way to find the best broker for profitable trading!
ABOUT PROFITABLE TRADE IN BINARY OPTIONS
Forex trading is not something to take lightly. If you truly want to be successful at forex trading, you must be prepared to invest the time and hard work to acquire the three factors for success – knowledge, experience, and emotional control. The staff at forextraders.Com is here to help you achieve these goals, especially from a knowledge perspective, but determining if a trading regimen is right for you will come from hours of practice trading with “virtual” cash and real time quotes on a free “demo” account.
Each of the forex brokers presented below can provide this demo account for your early development phase and continued practice thereafter. The list below will acquaint you with the issues involved in selecting a personal business partner in this arena, your first major decision in your quest to become a “professional forex trader”.
World’s most successful forex traders in history: top 10
The majority of beginners, myself included, are fascinated by stories of the most successful forex traders. Everyone tries to imitate them, wants to be at the same financial level as they are right now, but no one pays attention to details that do matter a lot. They’ve spent hours of sleepless nights to be considered among the greatest ones.
Their success stories are inspiring, helping us to take action. Let me introduce you to the people, who have managed to influence the entire world by trading currency pairs onto the rapidly growing market. Surely, learning more about the best forex traders in the world will help move towards the goal of becoming the most successful forex trader yourself.
George soros
We are sure everyone living in the 21st century has at least once heard about the existence of the man who broke the bank of england, probably the most influential human being within a net worth of $8 billion. His career skyrocketed by the end of the 90s when betting against the british pound led to him generating more than one billion US dollars in profits, mentioning the fact that it took him less than a day to achieve the above-mentioned result, essentially joining the club of forex millionaires overnight.
Unlike many others, geoge soros has not been employing a scalping strategy or any other day trading technique. The majority of his trades were done over a long period of time. Actually, quantum fund was the first company he founded, leading to him generating stable income lasting for years. Forex exchange market helped him experiment with a variety of strategies. Getting to know details of the buying and selling techniques later on turned into breaking the english bank, impacting the entire industry. No one has ever done something similar to the finance niche.
Bill lipschutz
If you want to find out how to be a successful trader in forex then following the journey of lipschutz is the only thing that you should do after finishing reading this article. Co-founder and former director of hathersage capital management, has gained popularity among millions of traders after successfully managing to turn $12,000, inherited from the grandmother in billions of dollars, helping salomon brothers make $300 million a year.
Bill commenting on his trading strategy – “I don’t trade on rumors, I’m the basic trader, trying to gather information, helping me to decide if the investment is worth rooting for”.
While B ill lipschutz net worth is not known, he is easily among the best forex traders out there.
Andrew krieger
Andrew undoubtfully makes the list of the most successful forex traders in the world. While being a young entrepreneur at the age of 32 years, he was paying attention to the currencies rallying against the dollar after facing the so-called black monday crash. It was a perfect opportunity for krieger to make some profits. Taking up the short position against the new zealand dollar has helped him earn hundreds of millions of dollars, exceeding the entire supply of the country.
Paul tudor jones
Hedge fund manager and well-known american investor, paul jones built up his career by having the biggest return on investments. Things started to move fast in the year of 2013, when he made a bet with tremendously big capital against the japanese currency, yen. Following the short-selling, it led him to have close to a 20% return rate, landing him amongst the richest forex trader in the world.
Paul differentiates from the successful forex traders by having a unique investment philosophy. Pure words of wisdom: “I don’t care about the mistakes made a few seconds ago but I wonder how they will influence the behaviour afterwards”.
His firm – tudor investment corporation has faced a bunch of lawsuits, leading to him losing a substantial amount of money. While he did manage to solve all the financial issues, it will surely take some time to get the high-profit returns back to the game.
Bruce kovner
It took bruce more than 30 years to make his first trade on the forex market. Purchasing the right futures contracts resulted in earning multiple six figures. Considering the fact that he was driving a taxi for pocket money, before becoming top forex trader and a billionaire, supports the idea that everyone is capable of having their dreams fulfilled. It is just a matter of time and pure dedication to the work to make things happen.
Stanley druckenmiller
Having the right mindset along with a successful forex trader lifestyle can influence the possible outcome that you are trying to achieve. Stanley druckenmiller is a perfect example of how growing up in a suburban area of the country can not make a difference when the trader has a proven strategy to work with.
He had been in charge of managing money for george soros, which made the greatest impact on his financial career. The net worth of $4.6 billion, and years of experience working as a lead hedge fund manager, has given him a chance of operating money through a family office without taking any further responsibilities while maintaining his status as one of the richest forex traders.
Trade with a UK-regulated broker on MT4 & MT5 platforms for free!
Joe lewis
Born in great britan, and having the obligation of paying taxes made joe leave the country in the early period of his life and made it impossible to trade with the UK FX brokers for him. After successfully operating and later on selling his father’s business, moving to the bahamas was the only option to maximize the potential income on upcoming trades, targeting the forex market.
Joe lewis is among the best forex traders to follow, due to his persistence during the early period of his life, deep knowledge of the forex niche, sizeable forex net worth , and his position as an investor in leading real estate, restaurant, and resort businesses.
Michael marcus
Childhood dreams started to turn into reality when michael connected with ed seykota back in the late 20s. He managed to take in all kinds of information on how ed managed to build one of the most successful software companies, orienting onto the trading market.
Having the proper mentorship helped marcus surpass one of the top forex traders in the world. Becoming an experienced commodities trader in less than 10 years period made him turn his hardly collected $30,000 into close to one hundred million. We’re sure none of you can imagine generating that much income with the low capital. Sometimes knowledge is the only thing that truly matters for having a successful career and joining the ranks of the best forex traders in the world .
Urs schwarzenbach
The united kingdom-based trader, the founder of the intex exchange, urs deserves to be mentioned as the most successful forex trader. The FX community itself may not refer him to the best one, but the kind of knowledge and the ways of dealing with issues he encountered is what defines a successful financial career.
Having a few years of experience in the corporate world was the main reason why he had managed to earn the first million dollars on the foreign exchange market without owning any large capital. Still, there are no sources, indicating how urs makes this amount of money, but one thing is sure – running multiple companies without facing any financial issues definitely is not easy and requires a certain type of patience and education.
Richard dennis
The so-called genius of the commodity trading systems, richard borrowed less than $2k from his relatives and turned it into $200,000,000 in an approximately 10-year timeframe, earning his position among top 10 forex traders in the world . While working as an order runner for the chicago mercantile exchange, he managed to learn the basics of trading and later expanded his knowledge.
He’s mentored thousands of brokers, located in different parts of the world. Considering the fact that he has also managed to unite people interested in trading for the purpose of achieving a certain financial goal. It took them about 4 months to exceed annual revenue of $100 million.
Here’s one of the famous quotes, that got my attention: “I always say that everyone can publish a set of rules into the newspaper and no one pays attention to the actual power of it. The mandatory thing is discipline and consistency”.
Start your own journey into forex
The success stories of these people are a monument to the fact, that anyone can make it in forex trading. There are many ways to find the right strategy for you, be it through years of research, studies and mentorships, high-risk stakes or cold-calculated moves. These stories can inspire every one of us to get down and start our own journey into the exciting world of forex, full of opportunities. And while passion for trading is certainly an important part of success, its only half the equation, and you need to conduct good research and find strategies well suited to you. Our advice would be to start out with small trades on a reliable trading platform, to put your skills to test and let them grow, as the saying goes – practice makes best. What can also do is, open a demo account at forex platforms that offer such services, so that you can start trading with no financial risk for yourself.
Key takeaways
Making the list of successful forex traders is not an easy thing to do. However, the ones who want to step into the world of trading should have enough courage and proper financial education to reach the desired results. Considering the costly mistakes along the journey will also help you accelerate your career growth, leading to you living your dream life. Unfortunately, only having the knowledge of stories of successful forex traders’ is not enough for having the right direction. You will need proper guidance and hours of practice to get to the level where you want to be.
Take some time to take in proper financial education. Without knowing the specific terms and strategies, it will be close to impossible to find success. Undoubtfully, people with some sort of financial background can easily take you over, no matter what career path you will choose.
Some people root for the business school, while others think that going through the macroeconomic courses will be enough to enter the forex market. You might have already heard the statement that having the official education is kind of obligatory. Nowadays the set of rules, regulating the market constantly changes and that’s the reason why no one knows what will happen in the close future. We do recommend having certified documents in order to prove others wrong and start your journey towards becoming a successful FX trader.
Top 10 best jobs list in bangladesh
Best jobs list in bangladesh
Have you completed you bachelors and now you have no idea which job you should go for? Are in the middle of the sea situation? Are you scratching your head more than you used to? Well my friend, if you are then you are at the perfect site. The competition is getting harder each day and we have no one to guide us. But this article has been written for all those people who are lost. I am going to write down for you the top 10 best jobs list in bangladesh.
Financial analysts – best jobs list in bangladesh
As a financial analyst, your work will be to examine and speculate trends, perform financial modeling and give guidance to the management for action. This jobs is very critical for any organization, as it assists to set targets, surmount competitors and perform risk management. This is a financial analyst in bangladesh earns at least 100,000 BDT. If you prosecute chartered financial analyst course, then you are in.
Forex trader
Forex trader is another profession that earns very good amounts. In bangladesh, the mean salary of an experienced trader is 95,000 BDT, but there are some exceptions who earn at least 100,000BDT per month.
Social media marketer
Social media has grown outstandingly, and almost all company wants to market their products on the platforms. If you are a social media addict, opportunities are numerous for you. In bangladesh, surprisingly, a social media marketer earns even more than a teacher. According to the latest survey, a social media marketer earns 65,000BDT per month, but you have the ability to earn even more than that if you market more.
Mobile developer/ web designer/ software engineer jobs in bangladesh
The ones who completed their bachelors in software engineering or IT and are good in programming, here is a goldmine. In bangladesh, these people earn more than 95,000 BDT per month. There are very few professionals with applicable qualifications, and the few that actually do the job and is passionate about coding are highly paid.
Accountant/bookkeeper – best jobs list in bangladesh
if you have taken a degree in business related courses, then prepare yourself to earn hefty perks. Beyond any doubt, it is confirmed, that accountants and bookkeepers are among the highest paid professionals in bangladesh. 50 % of companies in bangladesh pay accountants at least 50,000BDT. Plus when you go to senior level, you will get to earn more than 100,000 BDT.
Statistics/actuary
Statisticians and actuaries are also known to get very good salaries. Financial and government institutions reward these professionals in a large amount. This is stimulated by the fact that actuaries perform crucial roles that help in risk reduction and important surveys. Actuaries who have professional qualifications earn an average salary of 120,000 BDT per month whereas statisticians pocket at least 60,000 BDT per month.
More jobs ideas in bangladesh –
Electrical or civil engineers jobs – best jobs list in bangladesh
Electrical and civil engineers who get to work for multinationals and local famous companies are quite satisfied. The salaries of these professionals are fixed depending on the particular companies they are working for and the amount of experience they have. For instance, if one has gathered the work experience of 3 years, he or she can have the average salary is 70,000 BDT.
Bloggers – best jobs list in bangladesh
Blogging is a transpiring career, but for you to have success in this lucrative endeavor, you have to be outstandingly gifted in writing viral stories. If you are able to do so, then you will earn more than 100,000 BDT per month.
Medical profession
A medical career is very fruitful but also depends on the level of specialization. If you specialize in surgery, then it is probable that you will be earning more than the nurses. Medical doctors earn around 55,000 BDT per month, with a number increasing over 100,000 BTD per month. But it is going to be better for you if you can get a job in private sectors instead of a public one.
Lawyer profession – best jobs list in bangladesh
Even though getting a degree in law is pretty hard. But once you finish your bar-at-law no one can stop you from earning around 100,000 BDT.
So, let's see, what was the most valuable thing of this article: which brokers are safe to trade online with in bangladesh? Compare the best online brokers for trading forex, cryptocurrencies, stocks, commodities & indices that also accept traders from bangladesh and offer a platform in bengali (as well as english). This up-to-date comparison was last updated in february 2021. At top 10 forex trader in bangladesh
Contents of the article
- Free forex bonuses
- Compare brokers in bangladesh
- We found 23 broker accounts (out of 147)...
- Spreads from
- What can you trade?
- About XTB
- Platforms
- Funding methods
- Spreads from
- What can you trade?
- About IG
- Platforms
- Funding methods
- Avatrade
- Forex.Com
- Plus500
- Axitrader
- Etoro
- XM group
- City index
- Easymarkets
- Best online brokers for bangladesh
- How to trade in bangladesh
- Biggest opportunities of trading in...
- Biggest challenges of trading in bangladesh
- Summary
- Why choose XTB for bangladesh?
- A comparison of XTB vs. IG vs. Avatrade
- World’s most successful forex traders in history:...
- George soros
- Bill lipschutz
- Andrew krieger
- Paul tudor jones
- Bruce kovner
- Stanley druckenmiller
- Joe lewis
- Michael marcus
- Urs schwarzenbach
- Richard dennis
- Start your own journey into forex
- Key takeaways
- Best forex brokers in bangladesh 2021 (top 10)
- Here’s how we choose the best broker for...
- Best forex trading apps in bangladesh 2021 (top...
- Hire forex traders in bangladesh
- Explore some of upwork’s top forex traders in...
- Best forex trading apps in bangladesh 2021 (top...
- Top 10 forex trader in bangladesh
- World’s most successful forex traders in history:...
- George soros
- Bill lipschutz
- Andrew krieger
- Paul tudor jones
- Bruce kovner
- Stanley druckenmiller
- Joe lewis
- Michael marcus
- Urs schwarzenbach
- Richard dennis
- Start your own journey into forex
- Key takeaways
- Top 10 best jobs list in bangladesh
- Financial analysts – best jobs list in bangladesh
- Forex trader
- Social media marketer
- Mobile developer/ web designer/ software engineer...
- Statistics/actuary
- Bloggers – best jobs list in bangladesh
- Medical profession
- Lawyer profession – best jobs list in bangladesh
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