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Which is the Best Forex Broker in South Africa? Replied 1 month 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 month 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 month 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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How much is Space Markets minimum deposit in ZAR? Replied 1 month 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 month 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 months ago - FxPro
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What time is NFP today in South Africa? Replied 2 months 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 months 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 2 months 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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is prop firm profit split a scam? Replied 2 months 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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No forex broker is perfect: change my mind Replied 2 months 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 2 months 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 2 months 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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Please what is the latest FXTM minimum deposit? Replied 2 months ago - The exact minimum can sometimes vary depending on your region or payment method. Depositing very small amounts (below about $30) may attract a small transaction fee.
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is the hfm demo contest worth the try? Replied 2 months ago - Sincerely I don't think it’s worth your input because the money for reward cannot be withdrawn. You have to trade at least 10 standard lots with the money before you are allowed to withdraw it.
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What's the minimum I can deposit to trade with Oanda? Replied 2 months ago - With OANDA, the good news is that there is no fixed minimum deposit required to open or maintain a trading account. Official minimum deposit: $0 You can technically deposit any amount, even $1 if you want. However, you still need enough funds to cover the margin required for the trade you want to open.
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does maven prop firm have MetaTrader? Replied 2 months ago - Maven supports MT5.
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what is the profit split at ftmo prop firm? Replied 2 months ago - ✅ Important: The profit split only applies after you pass the FTMO Challenge and Verification and receive the funded account.
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whats tickmill minimum deposit requirement in south african rand Replied 2 months ago - Minimum deposit: about $100, which is roughly R1,700–R1,900 ZAR depending on the exchange rate. However, if you open a ZAR-based account, some funding guides mention deposits starting from around R100 ZAR, though most traders realistically start around $100 equivalent for full functionality.
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what is maven prop firm leverage? Replied 2 months ago - This means if you’re trading major forex pairs during a Maven challenge or on a funded account, the maximum leverage you can use is 75:1 — which gives you the ability to control larger positions relative to your account size compared to very low leverage, but it’s lower than what some other prop firms offer (for example, some offer 1:100 or higher).
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