MyTradingLand Logo
Log In

Forex Forum

Join the community of forex traders.

Filter By Category
Does Admiral Markets Give No Deposit Bonus? Replied 1 year ago - They are not giving bonus at the moment but you can try other brokers like HFM, Headway, Space Markets. If you are thinking of trading with Admiral Markets you should know that they are a very pricy broker and they charge fees for every little thing. They even charge fees for internal transfers between your own trading accounts just because the accounts have different base currencies.
0
2
0 Subs
Tickmill Bonus: which countries are banned from participating? Replied 1 year ago - Yes, you are correct that the Tickmill no deposit bonus is $30 but several countries are banned. See the list of banned countries: Belarus, Bangladesh, Côte d’Ivoire, Colombia, Algeria, Egypt, Brazil, Angola, Argentina, Bolivia, Western Sahara, Jordan, Hong Kong SAR China, Indonesia, Lebanon, India, LN, Sri Lanka, Libya, Lesotho, Macao SAR China, Morocco, Thailand, Uganda, Palestinian Territories, Mexico, Tunisia, Taiwan, Vatican City, Venezuela, South Africa, El Salvador, Mozambique, Chile, Costa Rica, Dominican Republic, Ecuador, Guatemala, Honduras, Paraguay, Peru, Uruguay, Slovakia, Slovenia, Spain, Sweden, Switzerland, United Kingdom, Ghana, Zimbabwe, Vietnam, Nigeria, Australia, Austria, Belgium, Pakistan, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Equatorial Guinea, Estonia, Finland, France, Germany, Greece, Greenland, Hungary, Iceland, Ireland, Italy, Kosovo, Latvia, Liberia, Liechtenstein, Lithuania, Luxembourg, Malta, Gibraltar, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Sierra Leone. If your country is not on the above list, then you can get the Tickmill $30 bonus without making any deposit. Once you create your Tickmill account, a special Welcome Account is created for you to warehouse your $30 bonus. The welcome Account has a 60 day lifespan after which it will be closed. During the lifespan of the Welcome Account, you must trade with it and if you make profits you will be required to open a live Tickmill account, fund it with the mandatory $100 minimum deposit, then transfer your profits to your live account. The Tickmill bonus is not withdrawable but the profits are.
0
1
0 Subs
Can you recommend synthetic indices brokers in South Africa? Replied 1 year ago - Recently I traded Synthetic Indices with the broker Trading.com (formerly known as XM) in Australia and they are ASIC regulated. Trading.com has synthetic induces like Artificial Intelligence Giants Index, Crypto10 Index, Electric Vehicles Index, NFT index etc. You can also checkout the ASIC regulated broker called Vantage Markets and although I have not traded ith them, I think they also offer the Volatility Index.
0
1
0 Subs
Minimum Withdrawal Allowed at RCG Markets Replied 1 year ago - RCG Markets has no minimum withdrawal. You can choose to withdraw all the money in your trading account as long as you do not have any open trade.
0
1
0 Subs
What is the minimum amount I can withdraw from FBK Markets? Replied 1 year ago - R100 is the minimum withdrawal for FBK Markets that operates in South Africa as a Juristic Rep to RocketX (Pty) LTD.
0
1
0 Subs
What is the minimum amount withdrawable at XM? Replied 1 year ago - XM minimum withdrawal is 5 USD which is the same amount as their minimum deposit.
0
1
0 Subs
What is Scope Markets minimum deposit with MPESA? Replied 1 year ago - Scope Markets allows $10 as minimum deposit for forex traders in Kenya and $50 as minimum deposit for those investing in real stocks & Nairobi Stock Exchange futures. KES base currency is available so you can deposit in local Kenyan Shilling via MPESA.
0
1
0 Subs
Anyone Know Markets.com minimum deposit in ZAR? Replied 1 year ago - You must always deposit at least 1,000 ZAR into your Markets.com account because that is the minimum they will permit. They also give up to 20% in bonuses when you deposit.
0
1
0 Subs
What is Trade245 minimum deposit in ZAR? Replied 1 year ago - Trade245 offers 7 different account types and the minimum deposit is 0 ZAR on all of them. This is suspicious because I see only older more established brands doing this but Trade245 was established just recently in 2020. Also when you visit Trade245 website, there is no live chat and no real means to reach them for inquiries. You will also notice the website has too little information which is one of the signs of a scam broker. My advice is you should tread with caution as this broker may not be trustworthy.
0
1
0 Subs
What is Just Markets minimum deposit in ZAR? Replied 1 year ago - 190 ZAR minimum deposit for the MT4/5 Standard Account where spreads on EUR/USD average at around 1 pip, XAU/USD around 1.8 pips, US30 around 2.5 pips and Nas100 around 1.7 pips. 3,800 ZAR minimum deposit for the Pro & Raw Accounts where you can get up to 40% lower spreads.
0
1
0 Subs
eToro vs Trading 212 Replied 1 year ago - eToro is my preferred option for Cryptocurrency as they have 100+ crypto you can actually buy and hold. Trading 212 on the other hand offers Crypto ETFs
0
4
0 Subs
Is Vault Markets Regulated? Replied 1 year ago - From what I see on the Vault Markets website, they are representing another broker that is FSCA regulated. Personally I wouldn't trade with Vault Markets because of this, as they are so many other forex brokers in South Africa to select from who have direct FSCA regulation.
0
3
0 Subs
Who Has Traded With JP Markets? Are They Safe? Replied 1 year ago - JP Markets have asked people contesting unclaimed funds submit their application to be paid. I don't know what's going on with JP Markets but why do people have to contest unclaimed funds? Well, tread with caution with this broker is all I would say.
0
3
1 Subs
Has Anyone Withdrawn From Exness & What is The Minimum Withdrawal Allowed? I cant Seem To Find It Stated on Their Website. Replied 1 year ago - Exness minimum withdrawal is 3 USD for bank transfer method and that is the one that I have used. You can find minimum withdrawal information in your Exness personal area. Just go there and click on withdrawal.
0
1
0 Subs
How much does it cost to trade with Exness broker? Replied 1 year ago - Minimum Deposit: Exness account opening is free but when funding the account you must deposit a minimum of $10 USD. Currency Conversion Fees: Exness supports a variety of over 40 base currencies so chances are you can avoid paying currency conversion fees if your preferred deposit currency is supported. Overnight Fees: Most Exness instruments are swap-free so you can avoid paying overnight fees. Spread: Exness spread varies, for EUR/USD expect is to hover around 0.9 pips on a good day. Expect XAU/USD at 16 pips on a good day too. Commission: If you are trading the Exness commission pricing account types, expect commissions of $3.5 per side and above on Forex & Gold instruments. Inactivity Fees: These are nonexistent at Exness
0
1
0 Subs
How Long Does Exness Withdrawal Take in South Africa? Replied 1 year ago - Exness withdrawals have to be initiated early in the morning before a certain time if you want it to reach your account same day. I think you have to initiate the withdrawal before 10 AM or so and if you do, then you're good to go
0
2
0 Subs
Which South African Forex Broker Has The Best Modern Tools? Replied 1 year ago - AvaTrade also has great tools although this broker is quite pricy. Their AvaProtect tool refunds you for losses on a trade when activated but you pay for this service. Their Guardian Angel is also another great trading companion for MT4.
1
5
1 Subs
Is IronFX A Scam? Replied 1 year ago - Sorry I meant to say there is no regulation info at the bottom of their ZA website
0
6
0 Subs
Is FXTM Legit in Nigeria? Replied 1 year ago - Online forex trading is not even regulated in Nigeria so every Nigerian forex trader faces a counterparty risk of some sort. Now FXTM has been blacklisted by the Nigerian authorities so you cant even access their website or mobile app. Anybody can emerge and claim to be FXTM at this point thus elevating the risk of fraud. Best bet is to be cautious and look elsewhere.
0
4
0 Subs
Is Exness Regulated in South Africa? Replied 1 year ago - As at today, Exness is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa with FSP license number 51024. The FSCA also granted Exness an Over-the-counter Derivative Provider (ODP) license so that they can act as market makers instead of just being middle men or intermediaries when offering CFDs to clients in South Africa. To confirm for yourself, visit the FSCA website and search the FSP licensees & ODP list.
0
2
0 Subs
1 2 3 4 5 6 7 8 9 10 11 12