Best Forex Brokers In South Africa 🇿🇦
On this page you will find all the reputable brokers that are regulated by the FSCA and my favourite one from them all that I recommend you trade with is
Exness Offers Best Market Conditions
Fast & reliable execution with free VPS hosting.
Tick-level data across all instruments
Trade across multiple markets with the most stable and reliable pricing in the industry.
This is perfect for both beginners and more experienced traders with the most transparent pricing, and fast execution.
The support their own Exness trading platform as well as the popular MT4 and the new MT5 ones. You can also trade on the web terminal for these platforms.
They’ve placed a great deal of attention on social trading and one of the best partnership programs I’ve come across.
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Introducing Exness Assitant
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How to deposit with Bitcoin into your Exness Account
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How to download, install and login to MT4, MT5 on IOS
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How to open an Exness forex trading account
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Installing Exness MT4 or MT5 on Linux
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How to become an Exness Social Trading Strategy Provider
Khwezi Trade
A leader in the SA online trading industry, Khwezi Trade is one of the first to be awarded an Over-the-Counter (OTC) licence. OTC Approved Derivatives Provider. Welcome Deposit Bonus.
Two-tier affiliate system with a hybrid CPA and paid rebates, it’s perfect for high conversions. Send your clients to them with confidence, knowing they will receive the best customer service from their experienced team.
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How To Open, Monitor and Close a trade on the Khwezi Trade MT4
Learn how to open, close and monitor your live trades on the MT4 platform.
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Download and Login to your Khwezi Trade MT4 Platform
Simple to follow steps and a video to download and login to the MT4 trading platform and to start trading on your new Khwezi Trade account.
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Understanding Candlestick Patterns and How They Help You Predict Price Movements
Candlestick patterns and how learning what they tell us about price can help us to predict the future of price movements.
Trade Nation
Trade Nation believes in fair trading.
Their dedicated customer support team is on hand 24/5 to give you a more accessible and more human trading experience.
Their trading costs are fixed.
You can have complete confidence that charges won’t rise when markets get volatile.
You know exactly how much you’ll pay to enter and exit a trade.
Their local offices are in Houghton Johannesburg and they’re staffed by some really wonderful people.
They’re regulated by the FSCA amongst others for their worldwide operations.
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Forex Trading Explained
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Stuart Lane – Trade Nation CEO
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Trade Nation is born from the old BlackStone Futures
iFX Brokers – Discover The World of Trading
A one stop trading experience for retail and institutional clients. Multiple trading accounts from a cent account, Islamic account to a VIP account with raw spreads, competitive commissions and the best trading conditions.
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How To Find & Use Your Partner Links in the iFX Brokers Client and IB Portal
iFX Brokers are starting to make waves as an ECN broker in South Africa. In this video I show you how to find your IB or partner links in their client portal.
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iFX Brokers The Retail Traders First Choice
I’ve chosen to trade using iFX Broker’s MT5 platform and in this post I discuss why I’ve chosen to trade with this local South African broker.
XM – Choose a Big, Fair and Human Broker.
Get up to $5K in bonus into your trading account as well as up to $12.5 back in rebates when you trade using my referral link to open your account.
Win or lose your trade, you will always earn this rebate to your account.
Choosing the right broker to trade with may seem like a simple task of going to the first company that calls you telling you that you’re going to be rich, but watch out.
There are many scams in forex trading and many of them are run by scammy brokers from offshore regulators or even unregulated brokers that you can’t get your money back from.
Even with some of the licensed brokers you can encounter serious problems and the FSCA is starting to take action against them, but it’s best to never get involved with them in the first place.
Because 80% of traders lose ALL their money withing the first 90 days of trading, most brokers operate as what is known as B-Book, where your losses are their gains.
Most don’t care about you losing money at all and will do anything to get you to open a live trading account as soon as you can.
There are also terms and conditions that you need to pay attention to (especially around bonuses conditions and withdrawing this money that was gifted to you).
Your choice of which regulated broker to choose will be one of the most important decisions that you make when deciding to trade.
In fact, you should search for any broker here first and find out their regulatory standings before trading with them.
Things to look out for with brokers are, do they allow you to hedge your positions, or are you only able to trade in one direction (long or short but not both at the same time), can you run EAs or robots on your trading account?
Finally, it would be good to know if the brokers have an IB program so that you could earn some extra cash from referring other traders to trade too.
These are the other brokers that have a license to operate in South Africa.
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#ilovejustforex JustForex Gives $100,000
Write about Justforex and get up to $100. Make a post describing why you’ve chosen Justforex with a hashtag and you could win. $25 if you’re in the first 4,000 or win $100 for the best submission.
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REAL liquidity VS B-book ! How Forex Brokers Make Money
the difference between trading on real market liquidity at an A-book broker vs B-book brokers who profit from client losses