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AskoBid Online Forex Broker Review

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AskoBid Online Forex Broker

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Askobid Forex Broker AskoBid is very much an international online Forex brokerage. It has offices for customer service in over 20 different countries and it accepts people from virtually all over the world. It is definitely the international locale for Forex trading and if that is something that is important to you beyond the fact that people from your own country are accepted, this might be an attractive online trading option to pursue.
Free Demo Trading
Money Trading
Askobid Homepage
Quick Brokers Facts
Foundation Year: 2010
Location: Cyprus
Regulation: CySE
Platforms: Askobid’s proprietary platform, MT4 (optional)
OS: Windows/Mac
Download: No
Max Leverage: 200:1
Currency Pairs: 33
Spreads: 3 to 30 Pips
Minimum Deposit: $100
USA: Yes
Islamic A/C By Request(+1 pip)
Bonus: Up to 30%
Phone: +357-25-028544
Address: Stasinou & Agia Elenis 2
P.C. 1060, Nicosia, Cyprus
Money Trading
  Features of AskoBid Online Forex Trading
In terms of features, perhaps the give and take of the international community is the biggest feature that you can expect from AskoBid. This is seen in the personal technical training that you can get from this site as well as the fact that every four hours will see a new report written for community consumption. You can even take a closer look at what your fellow traders on the site are doing and then visit the academy to see where the practice falls in line with available theory.

Account Types
There are three primary AskoBid Forex trading accounts referred to as the Silver, Gold and Platinum options. However, before you explore these options you should first take a look at the practice account that is available to new traders for 21 days. This account gives you the chance to try trading out for free before you commit to one of these options. You can deposit with a small amount of money in the Silver account which allows no more than $1000 on a 4-6 pip spread per major currency pair. Gold ranges up to $10,000 in cash with a 3-5 spread and Platinum allows you to have unlimited cash with custom pip ranges created between you and AskoBid. All three account types offer leverage up to 200:1.

Payment Options
AskoBid accepts the following payment options:
American Express
Diner’s Club International
Wire Transfer
Western Union

As for the software platform, you can expect AskoBid to have a comprehensive software platform that is very easy on the eyes. Although the interface is pleasant to look at, you’ll find that you still retain a surprising amount of the information you’d get from other more cluttered interfaces. The rest can easily be found through the AskoBid website, allowing you to have both the platform and the website working for you at the same time.

Help for Beginners
Beginners needing help with Forex trading can visit the AskoBid Academy which contains information on different aspects of Forex trading. Here you can actually train with different information and then test yourself with AskoBid quizzes. In this way, you can get a feel for how well you are absorbing the information that is being given to you.

AskoBid is licensed by the Cyprus Securities and Exchange Commission and regulated by the European Union agency of the same name. It contains SSL encryption for data and has been third-party certified to be completely free of spyware and adware.

AskoBid is probably one of the best all around Forex trading websites in the business. It may not overly wow in any one particular category, but the overall package is pretty hard to beat.

You can even read reviews of Xforex Online Broker and AvaFx online broker.

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Risk Warning: Trading in forex and Contracts for Difference (CFDs) is highly speculative and involves a significant risk of loss. Such trading is not suitable for all investors so you must ensure that you fully understand the risks before trading.
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