Best Trading Platform in Cambodia

0
Regal Wallet Banner

In this review, we go over the  best trading platforms in Cambodia. We have evaluated 174 brokers and their platforms in 8 top categories. We have analyzed all characteristics of their offering, including trading costs, mobile apps, trading platforms, deposits & withdrawals, regulation, assets, customer service, and research & education. 

Brokerage firms that reached the highest scoring are below. 

Top 6 Trading Platforms in Cambodia

best-trading-platform-cambodia
  1. Saxo Bank – Best premium trading platform
  2. Capital.com – Best in research and education
  3. Tradestation – Zero commission stock and ETF trading
  4. Forex.com – Best forex trading platform
  5. ActiveTrades – Broker regulated by the UK’s FCA
  6. eToro – Best for social and copy trading

Best Online Trading Platforms Cambodia

PLATFORMSCOREGENERAL INFOMINIMUM DEPOSIT
#1Saxo Bank4.9Best trading platform Overall$10.000
#2Capital.com4.7Best in research and education$20
#3Tradestation3.7Zero commission stock and ETF trading$2000
#4Forex.com4Best Forex Trading Platform$100
#5ActiveTrades4.4Broker regulated by the UK’s FCA$500
#6eToro4.9Best for Social and Copy Trading$200


The section below breaks down the best trading platforms in Cambodia beginning with the highest-rated.

01. Saxo Bank: Best Premium Trading Platform 

saxo-bank-rating

Saxo Bank is a leading premium broker for advanced traders and investors. It is popular for its complete offer and unique trading conditions for high-volume traders. Account-holders receive access to cutting-edge technology and excellent trade execution. Saxo Bank offers a feature-rich trading platform and mobile app. 

Saxo Bank has competitive margin rates and access to many financial instruments. This broker has qualitative in-house research materials, access to market updates, and powerful trading tools. 


02. Capital.com: Best Discount Trading Platform 

capital-com-rating

Capital.com is a top discount broker with excellent learning and research resources. This broker is secure and offers a premium trading interface for all its platforms. Capital.com has licenses from the FCA, FSA, ASIC, and CySEC. 

Capital.com has impressive day trading features and beginner-friendly tools. It has a professional web trading platform and a low minimum deposit. We recommend Capital.com for traders at all levels who want access to award-winning education. 


03. Tradestation: Best Stock And ETF Trading Platform 

trade-station-rating

Tradestation is a top brokerage firm popular for its technology-leading platforms. It offers zero-commission stock and ETF trading. Tradestation has varying trading fees based on the account tier you select. It doesn’t charge a monthly fee, and its minimum deposit is $2000. 

Tradestation has an attractive selection of tools and assets. It offers access to leading asset classes, including cryptos, stocks, futures, options, IRAs, and ETFs. 


04. Forex.com: Best Forex Trading Platform

forex-com-rating

Forex.com is a well-known forex broker with excellent forex trading services. It has a specialized forex and CFD trading platform with impressive features. Forex.com offers professional social trading features and proprietary platforms. It has a versatile portfolio with leading asset classes, including currencies and cryptocurrencies. 

This broker stands out because of its comprehensive learning center. It offers extensive market research, forex trading tools, and market updates. Forex.com has competitive trading costs for high-volume traders. 


05. ActivTrades: Best Forex And CFD Platform With A FCA License 

active-trades-rating

ActivTrades is a top forex and CFD broker with a top-tier license from the FCA. It has a transparent fee structure with free deposits and withdrawals. ActivTrades charges an inactivity fee, but its trading costs are below the industry average. 

This broker offers a proprietary platform, ActivTrader. It is fully customizable and has an intuitive design. This platform has access to standard asset classes and limited research tools. 


06. eToro: Best Platform For Social And Copy Trading 

etoro-rating

eToro is a secure global brand with a long track record in the industry. It has an excellent reputation and offers premium social and copy trading platforms. It uses excellent safety protocols and cutting-edge technology for all its platforms. eToro offers top social trading tools and allows traders to copy portfolios and strategies from advanced traders. 

This multi-asset broker offers many tradable assets, including stocks, indices, forex, and cryptocurrencies. It has a straightforward fee structure and wide spreads. eToro’s customer service is available through live chat and email in English and Arabic. 


How To Pick The Right Platform?

The main aspects to consider when picking a platform in Cambodia include costs, platforms, mobile apps, assets, deposits & withdrawals, customer service, security, and liquidity. 

Fees: We recommend you select a broker with a transparent fee policy. Avoid online brokers with overnight fees, high trading fees, and hidden costs. Commissions and spread fees are standard with Cambodian platforms. 

Trading Platform: Platforms have to be straightforward and intuitive. Look out for platforms with access to tools and materials useful for traders at all levels. We recommend you consider a platform with built-in market data and powerful charting tools. 

Mobile Trading: Mobile apps should provide the same tools, charts, and learning tools as their web versions. Select platforms with full-screen charting and social feeds on mobile.

Deposit & Withdrawal: Deposit and withdrawal have to be fast and user-friendly. Select a platform with access to your preferred payment methods and competitive commissions. 

Assets: You should choose a platform that has coverage of your preferred assets. Traders in Cambodia access versatile portfolios with forex, hedge funds, indexes, stocks, ETFs, futures, and cryptocurrencies. 

Regulation: Online brokers with licenses from a trustworthy regulator offer premium security standards. Look for platforms verified by CySEC, FCA, and ASIC. 

Research & Education: New and advanced traders should use the services of a broker with reliable education and research tools like webinars, market updates, and tutorial videos. 

Customer Support: New and average traders need access to professional customer service available in their language. 

*Islamic Accounts: All platforms from our list offer Islamic account options. This gives users the chance to trade online in compliance with Sharia law.

Trading Platform Regulation In Cambodia 

The National Bank of Cambodia (NBC) offers the guidelines for the trading platform regulation in Cambodia. It oversees all financial activities, including online trading. All providers with headquarters in Cambodia need to request an NBC license. The NBC enforces all regulations and rules relevant to Cambodia. 

License Verification 

You perform license verification of an online broker by accessing the main website of the NBC. Search for the documents section and look out for the name of the brokerage firm. If the provider has its headquarters outside Cambodia, you have to check the main websites of FINRA, ASIC, BaFIN, FCA, or CySEC. Verify the license using their Registered Entities database. If your search doesn’t come with any results, you might be dealing with an unregulated provider. 

Conclusion

Based on our review, we consider Saxo Bank as the best trading platform for Cambodian residents. They offer a low minimum deposit, competitive fees, advanced charting tools, social trading features, and responsive customer support.

Capital.com is the second-best trading platform for Cambodian residents, because of its low fees, advanced trading tools, copy trading features, and responsive customer support. Tradestation, Forex.com, ActiveTrades, and eToro are finishing up our list of top platforms with a great overall offer and above-average ratings.

FAQ

Are There Commission-Free Platforms In Cambodia? 

Yes, there are different platforms available in Cambodia that offer 0% commission trading. 

How Much Should I Trade Online In Cambodia? 

You should always start with the minimum deposit requirement. Usually, this amount is about $50. 

Can You Crypto-Trade In Cambodia? 

Traders in Cambodia receive access to crypto trading services. Secure platforms offer crypto trading via CFDs. 

Can You Verify The Validity Of A Platform’s License? 

Yes, you can verify the validity of a platform’s license by checking the `Registered Entities` databases on the official sites of regulatory bodies like the FCA, BaFIN, or CySEC. 

Which Trading Platform Is Most Profitable? 

The answer to this question varies depending on your trading skills and experience. All trading platforms are profitable for traders at all levels. You should use platforms with industry-leading learning and research tools. 


Methodology
The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of the best online brokers. Trading platform, fees, mobile trading, payments, assets, regulation, education, and research are all part of our six-month evaluation of a broker’s trading platform. The rating scale was based on thousands of data points that have been weighted into the scoring system. Brokerages were required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online brokers we reviewed. Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Disclaimer
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

Previous articleBest Trading Platform in Dominica
Next articleBest Trading Platform in Comoros
Stefan Grasic (Dipl.-Jur) is the World Wide Director of research for Buisness24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active Crypto, Forex and general investment researcher advising blockchain companies at their start up level. He keeps fit by mountain biking, surfing, skiing and lots of other adrenaline sports.

LEAVE A REPLY

Please enter your comment!
Please enter your name here