Most people take forex trading as "easy money" or a mode to get "instantly rich." But we need to understand that truth is vice versa. Forex trading is indeed about making money. It is the only reason that makes it the biggest marketplace in the whole world for trading. Yet, we can't deny that success is not something that will come with a guarantee, neither is we going to get successful in a single night with forex trading. We need to understand the essential term for long-term success in forex trading: it always takes one's skill, patience, education, and application.

So always understand the essential vital facts of the forex market that helps you navigate it even before you decide to trade in the forex market.

The United States vs. the Asian Forex Trading sessions

Forex trading can constantly be overwhelming for a newcomer trader. You will always have to decide which trading session you should focus on before making your trading plan. That's why we ran a basic comparison between the U.S. and the Asian forex trading sessions to make novice traders understand which one session could be most helpful for them.

Asian Session – Market opens in Sydney

The trading session always starts with the opening of the market in Sydney. It generally begins around 8 AM as per their local time (or 9 GMT on Sunday). After two hours, The Tokyo session starts as well. As Japan is the most prominent currency trader globally, the Asian Pacific market offers us great opportunities to see the live-action before the rest of the world can see it.

The difference between the Asia Pacific trading session and other sessions is that the Asian session offers thin liquidity, and also price generally moves in small ranges. Japanese Yen also appears to be a more active currency than any other currency. Furthermore, we also get to see higher trading levels whenever some economic data or noteworthy news is released. Thus we can say that the Asian session is quite a calm and stable session.

American session – The last session of the day

The American trading session is the last trading session of the day, starting at 1 PM GMT. It serves as an overlap with the European session during the first four hours. These four hours are known to have the highest liquidity along with major currency pairs' participants. As we follow the overlap, the trading activity tends to decrease. As at that moment, both the Asian and European markets get closed.

You can trade any currency pairs during the first four hours of the American session regarding the currency pairs. It can be the best choice to trade in currency pairs related to the U.S. dollar.

 Best Asian countries for Forex trading

Asia is the world's most prominent economic crossroad. In past years Asia has become a center for several sectors. And it has many essential factors behind it. The main factor defining it is that people find it way easier to do business in the region. Also, Asia is a continent with quite a considerable population, and also economies of Asian countries are rising at a pretty fast pace.

If we talk about forex trading, Asia has become the most popular destination for several traders and brokers in the past few years. All the credit goes to countries like China, India, Japan, and many other Asian countries. Here we have a list of the best Asian countries for you that can be the perfect destination for forex trading:

List of the Best Asian countries for Forex trading

A few countries in Asia have managed to generate forex trading markets quite impressive in the whole world. However, if we compare them to each other, we find out that some are better than others in terms of performance. After reviewing these countries one after one, we found out that each country has its own different and specific jurisdiction. Asia indeed is a diverse region, and each country uses its approach to the financial sector. Below are some of the best Asian countries for Forex trading:

· Thailand

· India

· Malaysia

· Singapore

· Pakistan

· Philippines

· Sri Lanka 

Top 10 Forex brokers in South Asia

After conducting a thorough study on the south Asian trading market, we collected a lot of data and wrote it here on this topic to help you find the best Forex brokers in South Asia to meet all of your trading needs. Below is the list of best online forex brokers in the whole of South Asia based on their ranking from high to low:

1. Top1 Markets

TOPONE Markets is the number one trading broker for online investment in Forex, commodities, stocks, indexes, and other products. They allow investors to trade in all sorts of standard products available on the international financial market, including diverse leverage using their platform. Top 1 Markets also offer mobile trading apps and web trading portals or terminals with a highly competitive transaction cost. You can also get a free investment training course with a high-standard customer support environment. Being an investor, you can trade in different assets such as Forex, commodities, stocks, indexes, etc., and also you will be able to resize your profits during price fluctuations. TOPONE Markets currently provides a complete range of trading and investment services for international investors in more than ten countries worldwide, Malaysia, Taiwan, Vietnam, Thailand, Indonesia, India, South Korea, Spain, etc.

2. FXTM

FXTM is an international online broker providing financial services in many different financial systems. They are authorized and regulated in other jurisdictions. When it comes to forex trading, FXTM services are pretty reliable and easy to use. They offer their traders weekly video updates from their specialist market analyst team. Also, you can use their currency converter and trader calculator service. They offer you over 5,000 strategies that you can use for Forex trading. If you face any issues on their platform, their dedicated customer support will always be ready to serve you in 18 different languages. And also, you can take the help of the most friendly personal account managers for trading guidance.

3. LongHorn

With Long Horn online broker services, you can trade any time at any place. It's too easy to access your LonghornFX account doesn't matter wherever you are. Their platform is available on different platforms such as P.C., iOS, Android, and web browsers, making it easy to access it from any place. LonghornFX offers traders a wide selection of over 150 tradable assets, including Forex, cryptocurrencies, Stocks, Indices, and commodities. You can also conveniently gain access to your funds with a same-day withdrawal facility. The only thing you will require is a stable internet connection and an internet-accessible device to use for Forex trading.

4. Black Bull

Black Bull is a famous award-winner New Zealand-based online broker platform. Since its foundation in 2014, it has kept its goal clear to become the leader in online financial technologies and foreign exchange brokers. Black Bull specializes in no desk dealing brokerage for forex trading, commodities, fibred optic comms, and fintech solutions for traders globally. Black Bull believes in providing institutional-grade trading facilities to their clients with the most excellent customer support services and customer support.

5. Liteforex

Liteforex is an online trading broker that provides clients access to the top-tier liquidity in the currency, commodities and stock market since 2005. You can trade in most major currency pairs and cross rates, oil trading, precious metals trading, stock indexes, blue chips, and enormous sets of cryptocurrency pairs using the Liteforex platform.

Liteforex is known as the most high-tech and reliable online brokerage platform, and they are quite reputed. Their platform offers a user-friendly high-speed trading platform available in 15 global languages for its clients. Trading with Liteforex is too convenient. They provide a high-performance platform, low floating spreads, market execution, professional assistance to clients, and access to exclusive analytical materials and signals.

6. Vantage F.X.

Since its inception back in 2009 in France, Vantage F.X. has been helping its clients achieve their financial goals. They offer transparent access for forex trading in the market with the most powerful trading platforms using exceptional execution speed and an efficient award-winning customer support team. Vantage F.X. has always provided excellent access to the global forex trading market to its clients. That's why professional and retail traders always give them preference as they understand the difference between them and other brokers.

7. Eagle F.X.

Eagle FX is a Forex and cryptocurrency STP broker that provides CFD trading on several trading assets with optimal trading conditions using the MT4 platform. Their platform believes in providing trading liquidity, significant leverage, and also best spreads in the industry. With a commitment to satisfy their clients, they offer 24/7 customer support, and also they never charge any deposits or withdrawal fees. Their platform allows processing your withdrawals in less than 30 minutes. If you ever face any issues with trading or need any guidance, their friendly staff will always be there to assist you.

8. I.C. markets

I.C. Markets is known to be one of the most famous forex CFD provider brokerages. They offer trading solutions for all kinds of traders, whether you are a professional or a newbie to the world of forex trading. With IC markets, you get a cutting-edge trading platform with low latency connectivity and greater liquidity. With the I.C. market, you can join the revolution of forex trading.

I.C. market brokers have considerable experience in forex trading, CFD, and Equity markets in Asia, North America, and Europe. Their experience allows them to choose the best possible technical solutions and handpick the best-priced providing in the whole market.

9. X.M.

X.M. online brokers provide access to the CFDs, commodities, and forex marketplace to their clients. We all know that the global forex market is one of the largest markets in the world, and it trades over 5.3 trillion U.S. dollars a day. That is why X.M. brings its clients an advanced trading platform with flexible trading conditions that best suits the diverse global financial markets. X.M. brokers offer superior services in different currency trading, CFDs, equity indices, valuable metals, and energies.

10. Amarkets 

AMarkets is an online broker platform that offers its clients trading services in different assets. AMarkets uses the MT4 and MT5 forex trading top platforms, so their clients get the best service and interface for forex trading. AMarkets offers over 40 forex currency pairs, CFDs, commodities, stocks, indices, gold, silver, oil, bitcoin, and other cryptocurrencies for personal investment and other trading options.

Tips to Invest in the Asian Forex Trading Market

We should always prioritize learning the fundamentals first before we start to do something new. If we learn a thing or two before doing something, it is easier than usual to do it. That's why we have brought a few tips for novice forex traders that can help them with their forex trading journey.

1. Learn about the market

There is no exaggeration in the importance of teaching ourselves about the forex market. Make sure to take all the time you need to study currency pairs and what terms tend to affect them, so you won't end up risking your capital. It can always be a good investment if we learn about the market first to save a considerable amount of money.

2. Prepare a plan and work on it

No trading can be successful unless it comes with planning. Include your profit goals, risk toleration levels, evaluation, and methodology criteria in your plan. After the successful creation of your plan, make sure that each trading you do, falls under the parameters of your plan.

3. Practice with a demo account

You can put your trading plan at practice using real market conditions with a demo forex trading account. You will be able to find out what it's like to trade your currency pairs using your trading plan as a test drive without putting your capital at any risk.

4. Follow the news forecasts of the market

Primary traders always suggest trading based on news and other financial or political data. At the same time, technical traders prefer to use specialized analysis tools and other relevant indicators to forecast market movements. Most of the traders like to make use of the combination of both of them. It doesn't matter what style you are going to use for trading. The fact that matters the most is that you use all of the tools available at your disposal, so you get all the potential trading opportunities.

5. Find out your limits

Knowing your limits is the simplest yet most critical criteria for your future success in forex trading. Our limits can be about the limit of capital that we are prepared to risk for forex trading. Set your leverage ratio as per your needs, and never try to risk more than you are prepared to lose. 

6. Go slow but steady

Consistency is something that any trading must require. All traders lose their capital, but you will always get your best chances to come on the top if you can sustain a positive perimeter. It is always good to teach ourselves about the market and making a trading plan for us, but the reality is all about when we put our plans to the test and still manage to keep our patience and discipline. 

How to stay safe while trading Forex in Asia?

First of all, make sure that you find a broker that is regulated in your country. In different countries, regulation agencies imply different sets of rules and regulatory guidelines that brokers should follow to keep their trader clients safe. One of the most common rules which are being used is- Account Segregation. This policy is too helpful for the traders to keep their funds safe. A broker is required to keep the funds of their clients on segregated bank accounts under this rule.

If any situation goes wrong, this rule will always keep a trader safe. It doesn't matter if your broker will go bankrupt or lose all of his funds or everything he owns. As a trader, you will still be able to gain access to your funds, and you can also conveniently withdraw your funds to your bank account. In addition, your broker will never have any access to your funds at the time of trading.

Asia is also implying an investor compensation scheme very actively. It makes it necessary for the brokers to keep their clients safe. In any case, if there is a violation of any kind on the broker's part, this regulation will always make sure that a client always gets its lost money. However, always remember that each Asian country has different regulatory frameworks that differ totally from each other. So it would be a sage decision to learn how forex trading works in your nation for maximum trading security.  

Final words

After years of hard work and dedication, Asian countries created a marketplace that could offer global investors a safe and secure trading place. Indeed, there are still challenges and problems in this market. But it never means that you can't put your trust in the Asian trading market or its brokers. In reality, a trustworthy forex broker from Asia will always do its best to offer its clients the most exciting forex trading experience.

Just be sure to be very careful while looking for the best Forex broker in any Asian market. You will find several brokers offering their services to the traders, but not all can be reliable or credible. Always ensure to check out the rules and regulations, different trading reviews, and only think about trading if you are sure that your funds are going to the right company.