Transaction insurance is necessary to compensate customers in the event of an unprecedented event。Unfortunately, not all brokers offer this protection。

It is very common for traders to suffer huge losses, it is part of the entire transaction, and this is where the broker's insurance comes into play。From a trader's point of view, it is very important to find a broker that offers insurance because they give the broker power over their account。

Some brokers offer insurance to protect traders from unexpected problems。These include:

• IC Markets: Insuring up to $1 million per trader。
  ThinkMarkets: Protecting customer funds up to $1 million。
  RoboForex: Civil liability insurance scheme up to €5,000,000 implemented。
  eToro: up to 1 million free investment insurance。
  FXTM: Up to €20,000 per case per trader。
  Exness: Offer compensation fund as insurance policy。

Each broker has a different way of insuring its clients。What kind of insurance services do they offer?？

1. IC Markets

IC Markets is one of the most popular Forex brokers and is regulated by many regulators including ASIC。The broker is well-established in terms of customer protection.。

Therefore, they are one of the best forex broker to offer insurance。They add extra protection to the trader's funds in case of unexpected situations。The insurance will cover up to $1 million per trader。

What is covered by this Forex broker insurance？Since IC Markets offers CFD product trading, insurance covers available balances and open CFD positions。This also applies to all IC Markets customers of the original deal, but is only triggered when the original deal goes bankrupt。

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IC Markets International Capital Markets Pty Ltd.) an online forex brokerage company operated under。Traders under Australian jurisdiction offer trading services at IC Markets-AU, which is based in Australia and licensed by the Australian Securities and Investments Commission (ASIC).。

On the other hand, non-Australian traders who open accounts with the broker are registered under the Seychelles-based IC Markets SEY and are regulated by the Seychelles Financial Services Authority (SFSA).。This dual operation is the result of the Australian Securities and Investments Commission's relatively new rules, which prohibit its regulated brokers from offering trading services outside Australia.。

IC MarketsClassified as an ECN broker offering clients MetaTrader 4, MetaTrader 5 and cTrader as platform trading options。The broker also follows market trends with cryptocurrencies as one of its products, enriching its already wide selection of trading assets, including currencies, indices, metals, energy, software, stocks and bonds.。

IC Markets "minimum deposits are at a moderate level compared to other ASIC-regulated brokers, as each client has a deposit of $200.。Market analysis materials are also regularly prepared for trading insights on the official website of IC Markets, proving their ability to provide traders with important content created specifically for the market experts they work for.。

For payment methods, IC Markets allows financing and withdrawals via wire transfers, credit cards, PayPal, Skrill, Neteller, FasaPay, UnionPay, and BitPay's Bitcoin。The more interesting aspect of the broker is its multiple base currencies, including the US dollar, Australian dollar, euro, British pound, Singapore dollar, New Zealand dollar, Japanese yen, Swiss franc, Hong Kong dollar and Canadian dollar。

Due to the trading technology of IC Markets equipped with highly centralized servers and extremely low latency (especially on cTrader), the broker is well known for its ability to host traders with special needs for high-frequency trading and order brushing。

In summary, IC Markets is the right destination for active traders looking for well-regulated brokers。IC Markets is also flexible in terms of base currency and payment methods, which demonstrates their commitment to welcoming traders from outside their home countries.。By the end of 2019, IC Markets was offering websites in 18 international languages, including English, Korean, Indonesian, French, Spanish, Italian, Malay, German and Chinese.。

2. ThinkMarkets

ThinkMarkets is another worthy broker that offers premium forex broker insurance, committed to providing clients with a trusted and reliable trading environment.。

ThinkMarkets has signed an insurance policy with Lloyd's of London to protect clients' funds by up to $1 million in the event of bankruptcy.。However, this broker insurance is only available in certain jurisdictions。Traders can contact the ThinkMarkets customer support team to find out if their country of origin is included in the program。

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As a multi-asset online brokerage, ThinkMarkets offers a wide range of trading assets from Forex to Precious Metals, Commodities, Indices, Stocks and Cryptocurrencies。The Australian-based broker was founded in 2010 and has since opened more headquarters in London and regional offices in Asia Pacific, the Middle East, North Africa, Europe and South America.。

Along with its historical operations, ThinkMarkets has received numerous awards and recognition in various aspects.。They recently won the Best Value Broker Award in Asia at the 2020 Global Forex Awards。

Standard account average forex spread for traders who open an account with ThinkMarkets from 1.From 2, while ThinkZero offers 0.Best trading experience at 1 point spread。However, traders may want to take into account that ThinkZero charges 3 per side for every 1,000,000 trades..$5 commission。

As a global online brokerage firm, ThinkMarkets operates under the supervision of multiple financial regulators, for example, ThinkMarkets Australia is managed by TF Global Markets (Aust) Limited and licensed by the Australian Financial Services Authority and the Australian Securities and Investments Commission (ASIC), ABN: 69158361561。ThinkMarkets UK is registered with the Financial Conduct Authority (FCA) under the name TF Global Markets (UK) Limited (No.09042646)。

ThinkMarkets is always committed to improving its trading environment through a variety of advanced products.。Auto trading enthusiasts can use free VPS hosting, while enthusiastic traders who want to experience outside the MetaQuote platform can try ThinkMarkets' proprietary platform ThinkTrader。

The trading platform offers 3 different interfaces designed for web desktop, tablet and mobile display。In addition, custom tools such as more than 80 drawing tools and more than 125 technical analysis indicators can even be accessed via mobile screens, which will undoubtedly provide a new mobile trading experience.。

In terms of market updates, the ThinkMarkets deal will be accompanied by news from FX Wire Pro, which is known for its strict policy of adhering to objective news reporting and providing critical, credible information in real time.。Information areas covered by FX Wire Pro include economic commentary, technical-level reports, currencies and commodities, central bank bulletins, energy and metals, and event-driven bulletins。

For payment methods, ThinkMarkets provides gateways through bank transfers, credit cards (Visa and MasterCard), Skrill, Neteller, POLi online banking, BPay, and Bitcoin wallets。

All in all, for a company that has been in business since 2010, ThinkMarkets has been quite successful in terms of legal status and trading technology innovation.。As an additional guarantee of safety for traders, the broker highlighted its commitment to a $1 million insurance protection plan, which is achieved through ThinkMarkets and Lloyd's of London insurance policies, in the unlikely event of bankruptcy Provide up to $1 million in protection for customers' funds。

3. RoboForex

RoboForex takes strict measures to protect the safety of traders。This broker is not only responsible for the safety of its clients' funds, but also has one of the best forex broker insurance。

RoboForex operates a civil liability insurance scheme with a limit of €5,000,000, including market-leading insurance against fraud, omissions, errors, negligence and other risks that could lead to financial losses for traders.。

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RoboForex is known as one of the most committed brokers to the advancement of trading technology, with a wide range of services, from beginners to experienced traders who seek a complex trading environment with similar ECN spreads and execution。Founded in 2009 and headquartered in Belize, RoboForex is registered under the Belize IFSC and successfully attracts customers with a leverage ratio of up to 1: 2000.。

As for services for European traders, RoboForex operates exclusively a different brand called RoboMarkets, which is still a member of the head office (Robo Holding Company) and has an office in Cyprus.。The business is licensed by the Cyprus Securities and Exchange Commission (CySEC)。

RoboForex is committed to being at the forefront of high-tech forex brokers, offering a variety of trading platform options including MetaTrader 4, MetaTrader 5, cTrader, social platforms and its proprietary platforms。

Trading instruments range from currencies to metals, indices, energy, stocks, ETFs and cryptocurrencies。In addition to basic services, RoboForex trading also presents a series of unique features, such as the PAMM system and the social trading network developed under its own brand CopyFX, ETFs and stocks, with thousands of available trading assets, small spreads, and payment methods via Bitcoin and Ethereum.。

In addition to wire transfers and credit cards, RoboForex accepts payments through a surprising online gateway。Alternatives are Skrill, Neteller, FasaPay, UnionPay, WebMoney, Perfect Money, Qiwi and other similar online payments。

After opening an account, traders can start with a minimum deposit as low as $10 in a professional account。To be specific, here is a short description of each type of account a trader can choose in RoboForex:

Pro-Standard

• Minimum deposit: $10
  Spread: 1.From 3 o'clock
  Minimum order quantity: 0.01
  Leverage: up to 1: 2000

ECN-Pro

• Minimum deposit: $10
  Spread: from 0 o'clock
  Minimum order quantity: 0.01
  Leverage: up to 1: 300

Prime

• Minimum deposit: $5,000
  Spread: from 0 o'clock
  Minimum order quantity: 0.01
  Leverage: up to 1: 100

Pro-Cent

• Minimum deposit: $10
  Spread: 1.From 3 o'clock
  Minimum order quantity: 0.1
  Leverage: up to 1: 2000

R Trader

• Minimum deposit: $100
  Spread: 0.From $01
  Minimum order quantity: 1 stock
  Leverage: up to 1: 200 (during the trading session) and up to 1: 4 (after the trading session)

The R Trader account marks RoboForex's attempt to distinguish between forex and stock trading conditions。The platform used in this particular account appears to be an internal product of RoboForex, designed for online trading of stocks.。

Despite being an offshore regulatory entity, RoboForex is an outstanding broker。RoboForex not only successfully offers a variety of trading techniques, but also focuses on stock trading for more conservative traders.。However, it is also important to note that RoboForex is one of the few brokers that boldly offers extremely high leverage ratios of 1: 2000.。

4. eToro

Another broker with one of the best broker insurance is eToro。First, eToro offers customers free investment insurance of up to €1 million, £or AUD (depending on the region).。The insurance is purchased from Lloyd's of London and automatically provided to customers。

eToro's protection covers claims by eligible customers who have suffered losses as a result of eToro's bankruptcy and "misconduct events," covering cash, all CFD positions and securities。However, crypto assets (non-CFDs) are not included。

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Founded in early 2007, eToro's mission is to make transactions available to anyone, anywhere, and to reduce reliance on traditional financial institutions.。The company has headquarters in the UK, Cyprus, USA and Australia。

eToro (Europe) Limited is a financial services company authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number # 109 / 10.。Meanwhile, eToro (UK) Limited is regulated and regulated by the Financial Conduct Authority (FCA) under license number FRN 583263.。

As foreToro AUS Capital Pty Ltd, whose legal status is recognised by the Australian Securities and Investments Commission (ASIC), provides financial services under Australian Financial Services Licence 491139。

As a belonging4-digit broker, eToro offers both short-term options for day traders and long-term options for investors, such as their innovative CopyPortfoliosTM, a fully managed thematic portfolio。

自Since 2007, eToro has been at the forefront of the fintech revolution.。The latest is CopyPortfolio, which was launched in 2017 and is powered by machine learning Al。In addition to developing CopyPortfolio, the company also integrated Microsoft's machine learning technology into Momentum DD.。

NewThe CopyPortfolio investment strategy uses artificial intelligence to find the most stable traders who are most likely to earn double-digit returns and bundles traders into a fully managed portfolio.。eToro has hundreds of financial assets available for trading, including stocks, commodities, crypto assets, currencies, indices and ETFs。Each asset class has its own characteristics and can be traded using multiple investment strategies。

Certain positions on eToro involve ownership of underlying assets, such as non-leveraged positions in equities and crypto assets。Using contracts for difference (CFD) will make various options possible, such as leveraged trading, short (sell) positions, fractional ownership, etc.。For example, a trader can invest in gold at a minimum amount of $100, even if the price of a single unit of gold is $1,000.。eToro's most popular CFD commodities include gold, oil, gas, silver and platinum。

Currency can only be used asCFD Trading on eToro。In addition, CFD allows for short selling (short) positions and leveraged trading, even for assets that do not offer this option in traditional trading.。Some popular currency pairs include EUR / USD, GBP / USD, AUD / USD, USD / JPY, and USD / CAD。

In addition, exchange-traded funds (ETF) is a financial instrument consisting of several assets, used as a tradable fund。After opening an eToro account, traders can invest at least $250 in an ETF that sells for $500.。Some popular ETFs on eToro include SPY, VXXB, TLT and HMMJ。

However,eToro also provides additional functionality through the use of CFD trading。All leveraged ETF positions in the UK are regulated by the FCA。Meanwhile, all CFD positions executed by eToro Australia are regulated by ASIC.。

The company also has other advantages。of all tradable financial assets,eToro does not charge any deposit or transaction fees other than spreads。

eToro charges $25 for withdrawals, with a minimum withdrawal amount of $50。holdings of cryptocurrencies, stocks andETF non-leveraged long positions are not executed as CFD and no fees are charged。eToro charges overnight or weekend fees for CFD positions, such as leveraged positions and short (sell) orders。

Update of fees always applies to open positions。Fees are subject to change at any time and may change on a daily basis based on market conditions without prior notice。

As a beginner, traders can useeToro's Copy Trading Features。Unlike the features of other brokers, traders can copy the strategies of professional traders for free without splitting into profits。因此 ，100% of the profit goes entirely to the trader。For example, when Trader A, copied by Trader B, generates 10% profit this month, Trader B also earns 10% profit。

The company is the world's leading social trading network.。因为eToro operates in complete transparency, and each trader has valuable information in their eToro profile, so it is helpful for other traders who are interested in copying their trades when creating their best portfolio。

Another unique feature of eToro is personalized social news subscriptions。Just like on any social media, traders can post their own updates in a subscription, comment on other people's posts, and gradually create a subscription that suits a trader's trading and investing interests.。在在On the eToro social trading platform, traders will also be notified when there are new posts and other important updates from traders。

5. FXTM

FXTM is a member of the Financial Commission and therefore all members of this broker are protected by the Commission Compensation Fund。This independent External Dispute Resolution (EDR) organization acts as an insurance policy for traders。

However, the funds will only be used for the judgment of the Financial Commission。Under the compensation scheme, each trader can receive up to 20,000 euros per case.。

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Originally launched in 2011, FXTM's unique vision is to offer unparalleled superior trading conditions.。Opening an account with FXTM also gives you access to advanced education and advanced trading tools in the Forex industry。

FXTM is now registered with the UK Financial Conduct Authority with registration number 600475, the company is also regulated by the Cyprus Securities and Exchange Commission with CIF licence number 185 / 12 and licensed by the South African Financial Conduct Authority (FSCA) with FSP number 46614.。

FXTM has 1 million registered accounts and more traders join every day。The company continues to strive to improve its performance and has won many awards such as the World Finance Award for Best Trading Experience 2019, the International Finance Award for Best Online Forex Trading Company in Nigeria 2018, the Hexun 2018 Reputable Investor Education Forex Broker Award, Fxeye.Com 2018 China Foreign Exchange Brand Award, etc.。

As a responsible broker, FXTM determines leverage (expressed as a ratio of trade size relative to the trader's purchasing power) based on the trader's trading knowledge and experience level, and evaluates it through an appropriateness assessment. It also supports leveraged trades up to 1: 1000。

As for spreads, FXTM offers 0.The low spread from 1 o'clock, so traders can withdraw profits at the beginning of the trade。With headquarters in several countries, the company uses No Trading Desk (NDD) technology and works with reliable liquidity providers to deliver the best bid and ask prices.。

For beginners, there is an automated trading tool called algorithmic trading。Traders can develop their own trading strategies or adopt the strategies of other traders when trading at FXTM。In addition, the strategy is also applied to automated trading systems, such as smart trading systems, so that traders don't have to worry about losing opportunities without observing the market and still make profits。

Three types of ECN accounts using MT4 and MT5 trading platforms。There are also mobile and tablet app trading platforms。In addition to offering multiple account variants, FXTM also makes every effort to ensure that customers receive the excellent support they deserve, so that their trading experience is optimal and user-friendly。

FXTM also offers a variety of products, in addition to more than 50 foreign currencies, gold, silver, commodity futures (oil) CFDs, ETF CFDs and indices.。

The broker also provides education on basic concepts of the forex industry。Traders can read all the concepts offered in the form of e-books, video tutorials, articles, webinars and forex seminars。The FXTM website is available in 17 languages for traders to understand Forex。

Traders can also choose from a variety of payment methods, including credit cards (Visa, Mastercard, Maestro) and e-wallets (Neteller, Skrill, Western Union)。For withdrawal of funds, traders do not have to pay a fee of 2 hours to 2 days。Traders can ask further questions via live chat and contact the administrator via email, FXTM has a question and answer page on Forex trading。

6. Exness

Exness offers compensation fund as insurance policy for member clients。The Financial Commission finances the compensation fund by allocating 10% of the monthly membership fee。However, the fund cannot compensate traders for losses caused by autonomous trading。It also does not apply to the entire client base if the broker goes bankrupt。

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The choice of broker is adjusted according to the needs of each trader. If you only need the basic platform and trading functions with the best attributes, then Exness may be your best choice。

Exness with its 0 only.Advantages such as the low spread from 1 o'clock make up for the lack of changes in its functions, which is very suitable for traders using scalping strategies (Scalper)。Spreads for major currency pairs in some account types can also be as low as 0.0 point, depending on market conditions。

Not only that, traders can also enjoy other advantages such as automatic withdrawals。Exness will process most customer withdrawals immediately without manual inspection; however, depending on the payment provider or method selected, withdrawals may be restricted。

Exness is one of the STP / ECN brokers in Europe, and the safety of traders' funds is also guaranteed。Exness became the official partner of Real Madrid football team for 3 years from July 2017, which also proves that the company has a high degree of stability.。

Exness supports deposits and withdrawals 24 hours a day, 7 days a week。However, it should be noted that the Company does not assume any responsibility if there is a problem with the deposit or withdrawal due to the payment system.。

Traders don't need to worry about transaction fees when making deposits and withdrawals.。Exness does not charge traders any transaction fees, and the chosen payment provider may incur some fees。Exness offers traders a variety of payment methods, including wire transfers, bank cards, Neteller, Skrill and more。

Financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the world's top four accounting firms。

In addition, Exness is one of the most transparent brokers in the online trading industry, and traders can find all the information about the company on the website, such as trading volume, number of active customers, customer deposits, company funds, etc.。

Exness offers different platforms, including MetaTrader 4, MetaTrader 5, web and mobile platforms。This makes it easier for traders to trade on Exness because they can also access the Exness platform anytime, anywhere.。

Over the years, Exness has developed into a broker that attracts traders, who comply with financial regulations such as FCA and CySEC, further strengthening their trust.。

One measure of customer confidence is the volume of transactions。As of December 2018, the monthly trading volume of its clients reached $348.4 billion, with more than 50,342 active traders worldwide.。

With the programs offered by Exness, traders also have the opportunity to earn extra income by becoming their partner。By introducing the Broker (IB) program, partners can earn up to 33% spread commission from each new customer who registers。

Additional income from Exness Partners。Traders who register through the member link can earn up to 25% spread commission per trade.。

Customers can also use their free VPS hosting service when trading at Exness。VPS (Virtual Private Server) provides traders with greater reliability and stability because they can maintain their trading and expert advisors without interruption in the event of unexpected technical problems (such as Internet or power outages)。

In summary, Exness is a trader's favorite broker due to its low spreads and flexible account type, ideal for traders with limited funds but need more opportunities to maximize profits。The broker is also known for its maximum support for new and old partners.。

Understanding Broker Insurance

In a brokerage account, insurance usually refers to a type of protection or coverage provided by a broker or third-party insurance provider to protect certain assets held in the account. The insurance is designed to provide compensation or compensation in the event of a specific risk or loss.。

Brokerage account insurance may vary depending on the brokerage firm and the type of account。Here are a few common forms of insurance in brokerage accounts:

• Depending on the jurisdiction: Each jurisdiction has a different way of protecting customers。For example, the Cyprus Securities and Exchange Commission (CySEC) established the Investor Compensation Fund (ICF), which provides compensation of up to €20,000 for each eligible client in the jurisdiction.。
  Financial Commission: The insurance provides compensation funds for traders during bankruptcy。Typically, they allocate a few percentages of the monthly membership fee。
  Third-party insurance: Sometimes, brokers buy insurance from third-party companies。For example, eToro uses Lloyd's of London to insure its customers。

It is important to note that insurance for brokerage accounts does not cover all types of risks or losses。For example, it often does not protect against investment losses due to market downturns or poor investment decisions。It focuses primarily on mitigating the risks associated with brokerage firm failures or fraud。Therefore, it is always safe to choose a broker with clearly defined。