Overall Who Are The Largest Brokers
Whilst traders in the United States will have to settle for a U.S. based broker, since they aren’t allowed to any accounts with companies outside of U.S. jurisdiction.
Whereas traders from other parts of the world are free to open accounts with offshore foreign exchange brokers.
Typically, Europeans will settle for European brokers and Australians will choose a broker in their region. But what about the rest of the world.
They make up approximately 85% of the world’s population, so they must choose a broker to trade with. So what options do they have?
Forex brokers will accept people from almost anywhere, but only a small number of brokers have the power to be able to handle a diverse client base.
In order to support people from various countries and continents, a broker must be able to easily handle deposits and withdrawals with a vast number of internationally used payment methods.
These brokers must also allow for accounts in different local currencies, have multilingual websites and dedicated customer support for many countries and languages.
The brokers targeting a worldwide audience may hold a number of licenses and operate in different parts of the world in order to provide the best trading conditions for people in different regions.