There are yet a large number of forex brokers that nevertheless use 4 digit quotes which forex broker is the best in south africa. These quotes are fairly easy and easy to comprehend as the last digit indicates the genuine worth of a pip. With a sizeable number of 4 digit forex brokers still existing in the market, it is charming to know how they stack up next to each other which forex broker is the best in south africa.
Online Forex Broker : which forex broker is the best in south africa
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RoboForex is a extremely popular CFDs and online forex broker that is regulated by both the IFSC and CySEC. Founded in 2009, this online broker is then registered behind IFC and UK’s FCA. Being a regulated forex broker, its users can be rest assured of regulatory authorities looking after their legal interests later utmost care.
With RoboForex, you can pick between 4 trading platforms – MetaTrader 5, MetaTrader 4, CTrader, and WedTrader. The former two platforms are considered as the industry customary as they come considering packed tools and features and are used by millions of traders worldwide.
Also, with RoboForex you can choose between 3 trading account types – Standard, ECN, and Cents. Depending on the account you choose, the spreads can either be directionless or fixed. The customer support of RoboForex is genial 24/7 through bring to life chat, e-mail; request a callback through the website and, the telephone. The website too is nearby for users in 15 interchange languages.
2. Admiral
This international forex broker, established in 2001, focuses on discharging online trading facilities for CFD upon equities, currencies, energy, market indices and artificial metals to retails traders whatever across the world. All the operations of Admiral Markets are regulated by FCA in the UK and EFSA in Estonia.
Traders can see forward to using different let pass of the art platforms with Admiral Markets – MetaTrader 5 and MetaTrader 4. Also, to accommodate various devices and to assist traders carry out their activities, the broker has come out in the same way as apps for Apple and Android devices.
One of the main features of Admiral has been their analytics. In fact, traders can dig deep into highbrow analysis, fundamental analysis, forex calendar, a unique heat map, and reaction analysis to gain an idea of where the market is heading.
Customer withhold through Admiral is affable round-the-clock via web entry form, e-mail, the telephone, and conscious chat.
3. Forex4you
For those looking for online forex trading services, Forex4you provides loads of options. Despite inborn a small player in the trading market, Forex4you has earned wealth of sure reviews and recognitions and is among definitely few players that offer cents trading accounts for those traders that are starting afresh in the forex market.
This British Virgin Islands-based forex broker provides solitary one trading platform – MetaTrader 4 for its users subsequently key features included in it later Market Alerts, Automated Scripts, Advanced Charting Package, Trade Alarms, Technical Indicators and Trailing Stops. The account types available for traders in choosing Forex4you are – Cent, Classic, Pro, and PAMM.
In adjunct to providing a wide range of trading services, Forex4you provides customer preserve 24/5 through the telephone, e-mail or Live Chat.
4. NSFX
This Maltese based forex broker primarily serves the French, English, German, Arabic and Italian markets and is regulated by a number of financial authorities including, MFSA in Malta, BaFin, FSA, MiFID, and others. Besides forex, traders can along with use NSFX for trading commodities once CFDs, Indices, Crude Oil, Gold, and Silver.
NSFX offers three vary trading accounts – Standard MT4, Professional ECN, and VIP account taking into account each of them providing right of entry to multiple indices, commodities and currency pairs. Besides the web, traders can next use the trading features via mobile devices.
While the NSFX website is handy in English, German, Turkish, Italian and Arabic, for customer support, traders infatuation to approach any of the broker’s international locations using Online Chat or E-mail.
5. FXPrimus
FXPrimus is one of those online forex brokers that place a lot of emphasis on performance, security and transparency. Owned by FXPRIMUS.com, this forex broker has its presence early payment across the globe and is controlled by a number of regulatory bodies. Today, FXPrimus is a distant sponsor of Manchester City Football Club.
FXPrimus users craving to rely upon MetaTrader 4 platform to carry out their trading activities. Besides this platform, the broker then offers a well-behaved mobile trading platform and a console trading platform called MyFX. Some of the best features upon offer through this broker append Chart Recognition Software and Autochartist, both of which allow indicators and identify comings and goings that can help you make the most of the trading opportunities.
Three alternating trading accounts upon offer are – Individual, Corporate and Joint accounts, besides a demo account. Customer support for traders is welcoming in English and many supplementary languages. For highbrow support, traders have the unorthodox between the telephone, e-mail or bring to life chat.
