This ETX Capital Review in forex trading will focus on how the ETX broker performs in terms of attracting European investors. This is a high-risk broker that doesn’t cater to beginners and traders with small investment capital. However, it does have a few positives. It offers a free demo account and webinars that teach beginners about forex trading. If You are a beginner, this article will definitely help you to know about ETX Capital.
A Top-Rated Broker That Offers Two Excellent Platforms
Another plus point of ETX Capital is its low, tight spreads. The eur/usd spread is just 0.6 pip. This is very competitive in the industry. You can also use various trading strategies with the ETX Capital MT4 remastered app, as well as automated trading.
One thing to note about ETX Capital is its mobile trading apps. They have two different apps that let you trade on the go. The Trader Pro app is the best option, although it is lacking in news and research. Otherwise, it’s a solid trading foundation. Traders can make a profit with ETX’s Trader Pro app. So, if you’re serious about forex trading, ETX Capital is the broker for you.
The brokerage is a top-rated broker that offers two excellent platforms and top-tier customer service. It also offers access to 5000 different financial markets and includes extensive educational features. The ETX MT4 Remastered upgrade includes numerous add-ons and improvements, but is not as advanced as many other MT4 upgrades. ETX Capital also offers a premium client package, professional account upgrade, and custom-tailored services for high-net-worth clients. It also offers high-quality educational materials for beginners.
IG Markets Is The Best Broker
If you’re new to forex trading in South Africa, the best broker to start with is IG Markets. IG offers low trading costs, no minimum deposit requirement, and negative balance protection as standard. They also offer 24/7 customer service, as well as a robust education section with downloadable guides, videos, and articles. IG also offers webinars for advanced trading strategies. And if you’re not sure where to start, you can always get started with the basics at the Beginner’s Guide to Forex Trading.
To begin trading with the best broker in south africa, make sure to choose a broker that offers a ZAR account. IG Markets is among the best brokers for CFDs in South Africa, offering trading in more than 17,000 instruments, including currency pairs, indices, share CFDs, commodities, ETFs, bonds, and interest rates. The broker also has local offices and is regulated by the FSCA.
To Sum Up
Choosing a broker with strong currency knowledge is an important step in making profitable forex investments. Forex has a very high liquidity and is largely driven by politics. Forex trading in South Africa is no exception, with daily volume in excess of US$6 trillion. Forex is a highly volatile market, with volatility, so sound financial advice is essential. But how do you pick the best broker? You can use a broker’s list of top brokers in South Africa and narrow down the field.