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Has anyone traded with FxPro Nigeria? What was your experience like? Replied 4 days ago - Very advanced trading software, and mobile apps. I was impressed by their cTrader and TradingView integration. They also have this great partnership with trading central and they integrate the signals directly into cTrader. Their withdrawals have no minimum limit, simply an amazing broker if you can afford the spreads from 1.4 pips
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What is the minimum deposit for HFM, because their website says no minimum deposit but when I check their payment methods is says 5 USD Replied 6 days ago - HFM has no official minimum deposit for most account types (Cent, Premium, Zero). The $5 you see is the minimum per transaction for certain payment methods (like credit/debit cards or some e-wallets), not the account minimum. Suggestion: Start with a small test deposit of $5–$10 via card to verify. Choose Cent or Premium account for lowest entry.
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How Long Does RCG Markets Withdrawal Take? Replied 6 days ago - RCG Markets withdrawal times vary by method: - OZOW / Instant options: Often same day or within minutes to a few hours. - E-wallets (Skrill, Neteller): Usually 24–48 hours. - Bank transfers: 1–5 business days (sometimes up to 10 days). My suggestions: - Use OZOW for the fastest payouts if available in South Africa. - Submit withdrawals early in the day and ensure your account is fully verified. - Keep screenshots of every request. Always check your client portal for the latest processing times, as they can change.
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Which is the Best Forex Broker in South Africa? Replied 6 days ago - Trade Nation is a solid choice for exactly that, fixed spreads from ~0.4 pips and full TradingView access on their commission-free standard account (most brokers only give it on raw/ECN accounts with extra fees). My suggestions: - Pepperstone (Razor account): Often tighter average spreads (0.0–0.1 pips on majors), excellent execution, and native TradingView integration. - Fusion Markets or 8CAP: Lowest overall spreads among TradingView brokers, raw accounts with minimal commissions, and very fast platforms. Compare live spreads and your local regulation before switching.
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is deriv synthetic indices better than real indices? Replied 1 week ago - Synthetic indices is just like prop firm, promises real money but it is skewed in favor of the developer. Its all part of the bigger plan by some people to gamify trading
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can you recommend a broker with R 50 minimum deposit? Replied 1 week ago - Hey, appreciate the honest take! Space Markets seems to be your clear favorite, and FBK Markets also gets a thumbs-up from you. The bit about FBK’s FSCA regulation being indirect (they act as a rep for another broker) is useful to know, basically it means the main license sits with someone else, so the protection rules might work a bit differently. Either way, both brokers have their fans. Always best for each person to check the regulation details themselves before jumping in. Thanks for sharing!
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forex brokers with $1 minimum deposit in Nigeria Replied 1 week ago - That's correct, XTB officially has no minimum deposit requirement for opening a real trading account, including for clients in Nigeria (you can fund with as little as a few dollars if you want). The "$1" figure is close to the practical reality since their minimum trade size is 0.01 lots, but there's no enforced lower limit from the broker itself. Note that while deposits are free via most methods (cards, e-wallets), withdrawals under $50 may incur small fees depending on the method, and you still need enough margin in your account to actually open positions. Always verify the latest terms directly on the official XTB site for your region, as trading CFDs/forex involves high risk and most retail accounts lose money.
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How much is Space Markets minimum deposit in ZAR? Replied 1 week ago - I heard they now give traders capital via a prop firm they are partnering with
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in search for the perfect broker Replied 1 week ago - Just open trading accounts with various brokers to meet different needs, because there is no perfect broker.
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which unlimited leverage brokers can you recommend? Replied 2 weeks ago - FxPro
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What time is NFP today in South Africa? Replied 2 weeks ago - NFP time is always in your economic calendar. If you use TradingView the economic calendar can be accessed on the right hand panel. Pretty easy
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Is FirewoodFX no deposit bonus legit? Replied 2 weeks ago - Is this a real broker? Never heard of em!
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my broker wont let me trade 0.01 lot size on gold Replied 3 weeks ago - Brokers set minimum lot size per instrument based on their discretion and risk outlook. This is a screenshot from the broker FxPro showing their minimum lot size for gold is 0.01. You coud consider trading gold with another broker.
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exness or fxpro: your honest opinion Replied 1 month ago - The most obvious difference between exness and FxPro is the spread, with FxPro charging 40% higher spreads than Exness. However when it comes to execution speed, market exposure, quality of platforms, and even beginner education; FxPro is a way better broker than Exness.
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is prop firm profit split a scam? Replied 1 month ago - It's gamification why should anyone care about the details. if people feel they can get better opportunity using props the business model works. I am not denying people doing consistent withdrawals from props but they are very few just like in trading. Props need your money to survive and will add mini games and rules for that every step of the way. Biggest gotcha is the account size limitation. They know a lucky streak on a 10 million funded account could bankrupt them hence they prolong the game. More manageable payouts over the course of years. All the while bullshitting people into believing they are trading and not playing a game. Gone are the days when people used to show case their trading account and the capital in it. Now they show case the payout certificate and the demo account number. The danger of that is the prop firm could create a fake certificate to promote an influencer that will evangelize the industry. This will draw fresh blood to the props. You see the authority is now the funded trader certificate rather then actual authority of having real funds. It's the wild west, Have fun while it lasts.
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pros & cons of ftmo prop firm Replied 1 month ago - Cons of FTMO 1. Strict Risk Management Rules FTMO has very strict risk rules: Maximum daily loss: 5% Maximum total loss: 10% Breaking these rules results in immediate account termination. For traders who use aggressive strategies, these rules can be difficult to manage. 2. Two-Step Evaluation Process To get funded, traders must pass: FTMO Challenge Verification phase Each phase has profit targets and time limits, which many traders find difficult to achieve consistently. 3. Challenge Fees Can Be Expensive Depending on the account size, challenge fees can range from about €89 to over €1,000. If a trader fails the challenge, the fee is lost. 4. Strict Rule Violations Many traders lose their funded accounts not because of bad trading but because they accidentally break rules such as: exceeding daily loss limits violating risk parameters trading during restricted conditions This makes discipline extremely important. 5. Funded Accounts Are Simulated Even when traders become funded, they are usually trading on simulated accounts rather than real market capital, although payouts are still based on performance. Some traders dislike this model.
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My experience trading with Tickmill Replied 1 month ago - Thank you for this thread. I just opened an account with this broker using the steps you outlined here. The process was easy cos I followed all you posted here.
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No forex broker is perfect: change my mind Replied 1 month ago - Funny but true! They all have some hidden fees somewhere. I tried HF Markets, their minimum deposit was low but their spread was outrageous. I ran to Exness, their spread seemed better but the execution quality was not good enough. I then went to Octafx and their customer support was so bad
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does goat funded trader offer free trials? Replied 1 month ago - No, Goat Funded Trader generally does not offer a completely free trial for its evaluation accounts.
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is maven prop firm legit? Replied 1 month ago - I just contacted maven support in respect to weekend holding of trade and they stated it’s not acceptable I.e they don’t allow weekend holding.
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