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What is the best forex brokers in South Africa? | Myfxbook
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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 will have a look at them, thank you for the tip. Can I have a trading account in ZAR with them?
Biedrs kopš   439 ieraksti
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.
Nov 30 2020 at 15:16
Biedrs kopš   7 ieraksti
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
Dec 02 2020 at 13:19
Biedrs kopš   24 ieraksti
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.
Dec 29 2020 at 11:17
Biedrs kopš   35 ieraksti
You can also try offshore brokers that provide services to clients from any part of the world and are not specific to one region. There are certain tax benefits with them too.
Dec 30 2020 at 11:50
Biedrs kopš   2 ieraksti
IFX Broker is very good for any south african traders in my opinion. Excellent support
Jan 01 2021 at 10:18
Biedrs kopš   22 ieraksti
I mostly go with regulated brokers and you can also look for brokers that accept clients from anywhere in the world, not specific to a location. I have used Plus500, LCG, Avatrade, Fxview as my brokers. They all have low transaction fees and the spreads with these are also tight. So you don’t have to worry so much. Just go with the one that suits your trading style.
Jan 02 2021 at 06:03
Biedrs kopš   81 ieraksti
IFX Broker is very good for any south african traders in my opinion. Excellent support
How about the withdrawals? Did you make any?
Jan 04 2021 at 01:27
Biedrs kopš   788 ieraksti
There are many websites online where you can get this information.
Jan 05 2021 at 17:30
Biedrs kopš   2 ieraksti
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
Jan 07 2021 at 07:04
Biedrs kopš   81 ieraksti
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
Okay, that's good then.
Oct 04 2021 at 16:20
Biedrs kopš   822 ieraksti
FSCA is a regulatory body in South Africa. So, choose a regulated broker under FSCA.
Oct 04 2021 at 17:51
Biedrs kopš   759 ieraksti
No matter what you choose. Always stick with a regulated one.
Oct 04 2021 at 20:19
Biedrs kopš   536 ieraksti
There are many websites online where you can get this information.
Yes. Proper research is badly needed to find the best broker.
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.
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