South Africa is one of the most developed countries in the forex market, so there are many brokers working there. Sometimes it can be difficult to find a list of trusted servers and choose the one that best suits your needs. Keep reading this article for a list of the most trusted trading systems in South Africa. Choose your favorite SA forex broker and enter the world of forex trading!
FXVC
FXVC is a preferable choice if you are looking for a South African stockbroker with low commissions, a wide variety of stocks, and excellent trading tools. Offers different CFDs on different exchanges. FXVC’s competitive load also allows you to do it at a very low cost. FXVC is great for beginners and experts with 5 different account types. You can trade through the FXVC network platform or through the well-designed and easy-to-use mobile application or the web. Both provide access to basic and technical analysis tools to help you implement your business strategy.
VantageFX
VantageFX is an international currency broker that allows you to trade major currency pairs with leverage of up to 500:1. The broker offers CFD trading on over 40 currency pairs. VantageFX offers a commission-free trading account with a minimum investment of just $200. Spreads start at 1.4 pips which is very affordable. In addition, VantageFX offers ProECN and RawECN trading accounts. VantageFX provides traders with MetaTrader 4 and MetaTrader 5 trading platforms, meaning you can use powerful trading tools such as currency tokens to create your own technical signals and use historical price data to validate your signals.
MarketSX
Marketsx is a high-quality trading platform operated by Markets.com, a leading market maker regulated by CySEC. TradeTech Markets (South Africa) PTY Ltd is the Markets.com distributor for South Africa and has been administered by the FSCA since 2012. MarketsX provides over 2,200 financial instruments for fast and profitable traders. Marketsx is a single account platform with a minimum investment of $ 250. Marketsx offers traders a new and improved platform that offers sophisticated maps, moving paths, channels, playgrounds and a wide range of design tools. Deposits and withdrawals are quick and free, and the Knowledge Center provides training materials and business opportunities.
FXpro
FXPro is an online broker company founded in 2006. FXPro is a global forex organization headquartered in the UK and is regulated by CySEC. As a CySEC regulated broker, FXPro is a member of the Investor Compensation Fund program. FXPro enables traders to achieve high levels of liquidity and improve trading performance without slow intervention. The minimum investment amount for any real account is $100.
FXTM
FXTM or ForexTime, founded in 2011, is a registered trademark of Exinity Limited, administered by the Financial Services Commission of Mauritius. FXTM offers users seven different accounts in which implementation methods, marketing areas, platforms available, and commissions and commissions may vary. There are three accounts in the Basic category. Forex Time (FXTM) is a MetaTrader broker that offers a variety of account options for forex and CFD traders on the MT4 and MT5 platforms.