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What is the best forex brokers in South Africa?
Mitglied seit Dec 14, 2019
9 Posts
Nov 30, 2020 at 07:29
Mitglied seit Dec 14, 2019
9 Posts
Hello, I want to know your opinion about the best forex brokers in South Africa. Who do you think is the best one? I am looking for a trustworthy and reliable company with low spreads or commissions. So far I came across two solid brokers that are in accordance with https://www.fsca.co.za/Fais/Search_FSP.htm regulated by the FSCA - Plus500 and AvaTrade, suggested in the article - https://tradingbeasts.com/best-forex-brokers-in-south-africa/. Which one do you think is a better option for me? So far I am leaning towards Plus500 as they offer to have an account in Rands. But I am open to other suggestions too! Thanks.
Mitglied seit Dec 14, 2019
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Mitglied seit Nov 30, 2020
7 Posts
Dec 02, 2020 at 13:19
Mitglied seit Nov 06, 2020
24 Posts
If you will be trading majors then your native currency will get converted to USD or GBP or EUR as the base currency anyway. So you can keep your options much wider. Pepperstone, Fxview, Fidelity are some of the regulated brokers with good prices for their clients. I especially find the interface of fxview very easy to navigate through and use.
Mitglied seit Nov 03, 2016
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Mitglied seit Dec 05, 2020
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Mitglied seit Nov 03, 2016
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Jan 05, 2021 at 17:30
Mitglied seit Nov 03, 2016
2 Posts
Jude_craig posted:HarlanfxRoger posted:
IFX Broker is very good for any south african traders in my opinion. Excellent support
How about the withdrawals? Did you make any?
Yes I have made withdrawels, next day payout. They are regulated with FCSA, spreads are good
Mitglied seit Dec 05, 2020
81 Posts
Jan 07, 2021 at 07:04
Mitglied seit Dec 05, 2020
81 Posts
HarlanfxRoger posted:Okay, that's good then.Jude_craig posted:HarlanfxRoger posted:
IFX Broker is very good for any south african traders in my opinion. Excellent support
How about the withdrawals? Did you make any?
Yes I have made withdrawels, next day payout. They are regulated with FCSA, spreads are good
Mitglied seit Jul 23, 2020
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Mitglied seit Jul 23, 2020
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