Forex Brokers

Most of these forex brokers listed here are great for beginners & some only require a small minimum deposit to start trading. Some offer free training and regular webinars to help with your education and to understand what the market is doing at the moment.

More advanced traders can find ECN, STP or NND brokers.

Here are some of my favourite brokers:

  1. Blackstone Futures - Johannesburg based
  2. Khwezi Trade - Cape Town based
  3. GT247 - Based in Hyde Park, dahling
  4. AVATrade - New Offices in Sandton, a global broker with a local presence.
  5. AxiTrader - The first broker I started with.
  6. CM Trading - Claim to be Africa's biggest brokers
  7. Dukascopy - Swiss Based broker that offers STP trading
  8. FxPrimus - The safest broker to trade with (so they say)
  9. XM - People who trade with XM love them
  10. Markets.com - Offering a no deposit bonus worth R250 for new traders.
  11. Mt. Cook - Boutique broker from Australia with an FSB regulation.
  12. Blackwell Global - I'm about to get a test account, so I'll know more soon.
  13. Swiss Markets - Got some interesting STP account types with various spreads and commissions as you grow.
  14. BDSwiss - Forex & Binary Options and trade on weekends too.
  15. Hot Forex - Opened an office in SA recently, Making waves.
  16. Forex Time - What a name, they are FSB regulated though.
  17. JP Markets - Local lad opens his own brokerage. Offices mushrooming up over the land.
  18. JustForex - Just do it, if you must.
  19. IronFx - Still here, even though some don't like them much

BlackStone Futures

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Read more about BlackStone Futures here

CM Trading

Daily Forex Market Review 11 Jun 2018

The unfolding economic events of day including Monthly Manufacturing Production results from United Kingdom. Also covered are the Euro (EUR/USD), Great British Pound (GDP/USD), Swiss Franc (CHF/USD), South African Rand (USD/ZAR), OIL, the DAX and the Dow Jones

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Read more about CM Trading here

GT247

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Read more about GT247 here.

  • FXPrimus
  • Markets.com
  • AvaTrade
  • Dukascopy
  • Swiss Markets
  • eToro

Where is the Euro going? The LMAX Exchange Chart Talk for Thursday, April 27, 2017

In the euro’s latest breakout to fresh 2017 highs, if the market continues above 1.09 its next measured move targets 1.1230 or 1.14. The market is well supported at 1.0570. The pound/dollar has seen a breakout above 1.2775, December’s peak following the low of 1.1840 last October. This sees a potential move upwards to 1.35. Dollar/yen has been trading in a downtrend within the last few days. But if price is contained below 112.20 sees potential downside.

Click here to find out all the other market analysis.

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