What is the best forex brokers in South Africa?
Nov 30, 2020 at 07:29
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13 Replies
Medlem sedan Dec 14, 2019
9 inlägg
Nov 30, 2020 at 07:29
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.
Medlem sedan Jan 27, 2013
447 inlägg
Nov 30, 2020 at 08:46
Recently Tickmill opened a branch in South Africa.
I have accounts with them for more than 5 years and no problem regarding executions or withdrawals of profit
I have accounts with them for more than 5 years and no problem regarding executions or withdrawals of profit
Medlem sedan Dec 14, 2019
9 inlägg
Nov 30, 2020 at 10:02
Hello,
I will have a look at them, thank you for the tip. Can I have a trading account in ZAR with them?
I will have a look at them, thank you for the tip. Can I have a trading account in ZAR with them?
Medlem sedan Jan 27, 2013
447 inlägg
Nov 30, 2020 at 15:13
USDZAR it is available for trading, but if you wish to have the trading account in ZAR I don't know, you have to contact them and ask about this.
Medlem sedan Nov 30, 2020
7 inlägg
Nov 30, 2020 at 15:16
You can search in google rating of forex brokers
or you can visit here rating
forex brokers don't have nationality now
so you can try any that you want
or you can visit here rating
forex brokers don't have nationality now
so you can try any that you want
Dec 02, 2020 at 13:19
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.
Medlem sedan Nov 03, 2016
2 inlägg
Dec 30, 2020 at 11:50
IFX Broker is very good for any south african traders in my opinion. Excellent support
Medlem sedan Dec 05, 2020
81 inlägg
Jan 02, 2021 at 06:03
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?
Medlem sedan Jul 19, 2020
788 inlägg
Jan 04, 2021 at 01:27
There are many websites online where you can get this information.
Medlem sedan Nov 03, 2016
2 inlägg
Jan 05, 2021 at 17:30
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
Medlem sedan Dec 05, 2020
81 inlägg
Jan 07, 2021 at 07:04
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
Medlem sedan Jul 23, 2020
869 inlägg
Oct 04, 2021 at 16:20
FSCA is a regulatory body in South Africa. So, choose a regulated broker under FSCA.
Medlem sedan Jul 23, 2020
759 inlägg
Oct 04, 2021 at 17:51
No matter what you choose. Always stick with a regulated one.
Medlem sedan Mar 17, 2021
536 inlägg
Oct 04, 2021 at 20:19
AliaDare posted:Yes. Proper research is badly needed to find the best broker.
There are many websites online where you can get this information.
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