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What is the best forex brokers in South Africa?
Miembro desde Dec 14, 2019
posts 9
Nov 30, 2020 at 07:29
Miembro desde Dec 14, 2019
posts 9
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.
Miembro desde Dec 14, 2019
posts 9
Miembro desde Nov 30, 2020
posts 7
Dec 02, 2020 at 13:19
Miembro desde Nov 06, 2020
posts 24
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.
Miembro desde Nov 03, 2016
posts 2
Miembro desde Dec 05, 2020
posts 81
Miembro desde Nov 03, 2016
posts 2
Jan 05, 2021 at 17:30
Miembro desde Nov 03, 2016
posts 2
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
Miembro desde Dec 05, 2020
posts 81
Jan 07, 2021 at 07:04
Miembro desde Dec 05, 2020
posts 81
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
Miembro desde Jul 23, 2020
posts 869
Miembro desde Jul 23, 2020
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Miembro desde Mar 17, 2021
posts 536
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