Forex Brokers in South Africa
Quotex
4.9
Demo account Yes
Minimum deposit $10
Minimum Deposit: $10
Quotex began providing services to traders in 2014 and currently executes in more than 30 million deals monthly .
The brand currently boasts 9 million customer accounts.
Deriv
4.5
Demo account Yes
Minimum deposit $10
Minimum Deposit: $10
Deriv is an offshore broker offering both binary options and standard forex and CFD trading
Exness
5
Demo account Yes
Minimum deposit $ 150
Minimum deposit: $ 150
Exness is FSCA & FCA regulated, which are 2 Top Tier regulators, so we consider them to be safe.
IQ Option
4.6
Demo account Yes
Minimum deposit $10
Minimum Deposit: $10
IQ Option was first introduced to the binary options traders across the world back in 2013.
Hycm
4.6
Demo account Yes
Minimum deposit $100
Minimum deposit: $100
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts
lose money when trading CFDs with this provider
Easy Markets
4.8
Demo account Yes
Minimum deposit $150
Minimum Deposit: $150
Easy Markets is an award-winning forex and CFDs trading platform launched in 2001 as the world’s first web-based trading platform.
Pros:
- Markets.com is regulated by several major financial authorities, including the Cyprus Securities and Exchange Commission (CySEC) and the Financial Conduct Authority (FCA) in the UK.
- The platform offers a wide range of trading instruments, including more than 2,000 CFDs on stocks, forex, commodities, and indices, as well as cryptocurrencies.
- Markets.com provides a user-friendly and intuitive trading platform that is available on desktop and mobile devices.
- The platform offers a range of educational resources for traders of all levels, including webinars, e-books, and video tutorials.
- Markets.com provides access to a range of powerful trading tools and features, such as advanced charting, technical analysis indicators, and risk management tools.
Cons:
- Some users have reported that Markets.com’s customer support can be slow to respond and not always helpful.
- The platform charges relatively high fees compared to some of its competitors, including high spreads and overnight financing charges.
- Markets.com does not offer the popular MetaTrader 4 or 5 platforms, which may be a drawback for some traders.
24Forex Brokers in SA
24Forex Brokers have reviewed the company testing and analyzing all necessary features that will make Forex traders comfortable. The has cutting technology and support that make markets.com the Best Forex trading company for south Africans.
Here are some of the features that we reviewed from markets.com
Pros markets.com
- Get Low fees.
- Account open is seamless and quick.
- Use Innovative analysis tools.
Cons markets.com
- Limited product portfolio, only CFDs.
- Not FCA regulated, Cysec and FSB.
- com professionals and cons
How to open markets account at markets.com
- com accepts customers from South Africa countries.
- Click on open account Button from our co.za.
- Deposit a minimum of $250 into your account.
- Receive tremendous amount of free bees including your deposit Bonus from Markets.com.
- Your personal account managers will assist you with any troubles you encounter if any.
- Start trading in your account and make currency pairs and Make extra money.
Minimum deposit
- The minimum deposit is $/€/£250.
- Account varieties
- com has only 1, normal account sort.
- Get deposit Bonuses from time to time.
- You will have a dictated account manager who will guide you with process if you encounter difficulties during the deposit process.
- Deposit Money using your Master Card , Visa , Skrill and any other e-wallets of your choice accepted by Markets.com
- Banks used in South Africa to deposit could be FNB, Capitec, NedBank, African Bank and many more Banks in SA.
24Forex Conclusion
Markets.com has is one of the South African brokers we have reviewed most of their tools and how they work as company that will include:
- Customer support.
- Payments Made on time.
- Amazing trading tools for your currency pairs.
- You always get a got Bonus when you’re a first time depositor.
- They accommodate our Rand(ZAR) Currency when comes to make payments on time
- Trade anytime and anywhere with their amazing Apps available on the Android apps store and Apple store.
- Start Forex trading today and earn extra money at the comfort of your own home.
Overall, Markets.com is a reputable and reliable trading platform that offers a wide range of financial instruments and tools. However, it’s important to carefully consider the platform’s fees and trading conditions before opening an account, and to have a solid understanding of the risks involved in trading before getting started.