【Popular Broker】Well-reputed FX Broker In South Africa
You are watching this website now probably because you are looking for an FX broker suitable to you.
This process is very important to be a successful trader.
People reading this article like you would consider FX not as gamble but as one of the ways of investment.
That is quite right. If so, you will be successful in FX in the near future, or have already earned money steadily.
There are many brokers in the world, and their features differ.
It takes much effort to collect each broker’s information to find the one suitable to you.
This website introduces some best brokers which hold the authorized finance licenses.
I hope you will be able to find a broker which fits your trading style.
For Advanced Traders
The brokers mentioned in this website provide a charge-free demonstration account using their own virtual
money on their own platform.
So you are recommended to do transactions in such an environment before investing your money.
It is not too late to start the real transaction after you are getting used to the demonstration account.
Tradeview (For ALL REGIONS)
Authentic FX broker with low spread, customer security and high-class trading environment
What is Tradeview?
・Started the service in 2004.
・Providing a high-class trading environment based on CEO Timothy Furey’s policy.
・Authorized by CIMA, one of the most highly-trusted finance licenses in the world.
・Employing ECN (Electronic Communications Network) which avoids the conflict of interest.
・Transaction cost of Innovative Liquidity Connector (ILC) Account is one of the lowest among all FX brokers.
・Providing client compensation system as up to USD 35,000 are paid in the case of bankruptcy.
Spread | ★★★★★ | EURUSD 0.0pips~ Innovative Liquidity Connector (ILC) Account |
Bonus | ★★★★★ | N/A |
Max Leverage |
★★★★★ | 1:500 (depending on the instrument) |
Reliability | ★★★★★ | License: CIMA |
Support | ★★★★★ | Via email |
Deposit | ★★★★★ | Credit or debit card, bitwallet, bitpay etc. Free of charge |
Language
English,Spanish,Chinese,Arabic,Russian,French,Italian,Korean,Hindi,Portuguese
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Advantage ①Lowest transaction cost (spread) among all FX brokers
・Innovative Liquidity Connector (ILC) Account
EURUSD 0.2pips
USDJPY 0.2pips
※ Although markup is incurred as an administrative fee of ECN, the total transaction cost is still lower than others.Advantage ②High-security environment
・Authorized by the highly reliable CIMA license.
・Account holder is protected at the maximum of USD 35,000 in preparation for the possibility of bankruptcy.
XM (For ASIA)
Top-class bonus program and high leverage system, and stable trading environment
About XM (License: IFSC)
・Traders can utilize top-class bonus program and up to 1:888 leverage to increase money.
・Special trading environment is provided (see below for details).
・Unlike other brokers, traders are allowed to allocate the earned bonus to the margin for trading.
・Many traders prefer XM with the aim of the bonus.
ENTRY of XM
Spread | ★★★★★ | EURUSD 1.6-1.7pips Standard Account |
Bonus | ★★★★★ | Trading Bonus 30USD Deposit Bonus Loyalty Program |
Max Leverage |
★★★★★ | 1:888 (depending on the instrument) |
Reliability | ★★★★★ | License International Financial Services Commission (IFSC) |
Support | ★★★★★ | Live Chat, email |
Deposit | ★★★★★ | Credit Card/Debit Card, bitwallet, Bank Transfer |
Language
English, Malay, Chinese(Simplified), Chinese(Traditional), Greek, Hungarian, Russian, Indonesian, French, Italian, Swedish, German, Polish, Arabic, Spanish, Korean, Portuguese, Vietnamese, Thai, Filipino, Dutch, Czech, Bengali, Urdu
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Advantage ①Extensive Bonus Program
・Trading Bonus
・Deposit Bonus
・Loyalty ProgramAdvantage ②Providing the special trading environment such as the top-class execution ability
・All orders can be surely executed without rejection.
・99.35% of all orders can be completed within one second.
・XM certainly executes Negative Balance Protection.Details of Bonus Program
Trading Bonus
Deposit Bonus
- Deposit Bonus can increase the amount of margin in accordance with the deposit amount.
- The maximum amount of Deposit Bonus is USD 5,000.
- Traders can automatically earn this bonus until the combined bonus amount reaches USD 5,000 (it is required to deposit USD 23,500 to earn the full amount of the bonus). There is no need to make a large deposit at once.
- Deposit Bonus has a two-tier bonus offering system:
(1) The 50% bonus for the deposit amount of up to USD 1,000 (maximum: USD 500)
(2) The 20% bonus for the deposit amount above USD 1,000 (maximum: USD 4,500) - The amount of Deposit Bonus is not withdrawable.
- XM Ultra Low Account holders are ineligible.
Loyalty Program
- Loyalty Program is automatically offered after a real account is opened.
- Up to 16 XM Points can be earned per lot (10,000 currencies).
- The number of points varies depending on the period from starting the trading.
- When an Elite Rank trader does the transaction with 100 lots, the trader can earn the bonus of USD 533.30 (100 lots × 16 XM Points / 3)
- The amount of bonus earned through this program is not withdrawable.
- Loyalty Program sets no threshold of the bonus amount, unlike Deposit Bonus. The more trading is done, the more bonuses can be earned.
This site provides the information of best broker depending on the country of the broker’s residence (select country).
Austria
Belgium
Brazil
Bulgaria
Canada
China
Croatia
Cyprus
Czech Republic
Denmark
Egypt
Estonia
Ethiopia
Finland
Germany
Greece
Greenland
Hong Kong SAR
Hungary
Iceland
India
Indonesia
Iraq
Ireland
Italy
Latvia
Liechtenstein
Lithuania
Macao
Malaysia
Malta
Mauritius and Dubai
Mexico
Monaco
Mongolia
Nepal
Netherlands
Norway
Pakistan
Peru
Philippines
Poland
Especially, traders can receive the bonus even without making the initial deposit so that XM allows new clients to test their services.