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- Mac of all trades customer service number how to#
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How To Open a Khwezi Trade Trading Account However, you will find that the minimum deposit required is high and that this Forex trading broker provides floating spreads.
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You will find free tutorial videos, market analysis videos, and personal managers that come with your trading account. In addition, the lot size starts from 0.01 and the margin call is 100%. The similarities between all four trading accounts are that they share the same account base currency, ZAR and that they allow hedging and scalping. You will find that you can select from one of the following trading accounts: the Basic Account, the Standard Account, the Premier Account, and the VIP Account.
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Khwezi Trade offers four different trading accounts that share many similarities. As for the Premier Account, the minimum deposit required is 30,000R and the VIP Account requires a minimum deposit of 50,000R. The minimum deposit required for the Basic Account is 2,000R, while the Standard Account requires a minimum deposit of 15,000R. No commission charged except for CFDs and Commodities.
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Different types of trading account available.This Khwezi Trade review will inform you on the different trading accounts available for you. As for experienced traders, the Premier Account and the VIP Account are the ones for you. For novice traders, you should consider the Basic Account that will provide you with different Forex trading material. Khwezi Trade provides traders with the option to choose from four different trading accounts, based on your trading experience. Khwezi Trade Fees Compared To Competitors Leverageįor all four trading accounts, Khwezi Trade offers a maximum leverage level up to 1:200. In addition, Khwezi Trade does not entail an inactivity fee, which is rare compared to other Forex trading brokers. You will not be required to make a deposit or withdrawal fee. Commission charged for trading with CFDs and commoditiesĪs for Khwezi Trade non-trading fees, there are no non-trading fees required.You will also need to consider that you will be charged with a commission of 3ZAR for trading with CFDs and commodities. Khwezi Trade offers traders with relatively trading fees, but the spreads provided are all floating. This Khwezi Trade review will provide you with an overview of the trading fees and non-trading fees that you will be charged. However, you will be charged with a commission of 3ZAR for trading with CFDs and commodities. You will find that this Forex trading broker has relatively non-existent non-trading fees and very low trading fees. Khwezi Trade operates in a transparent manner without any hidden fees throughout your trading experience. This Forex broker will ensure its transparency by storing client funds in segregated accounts away from corporate funds, with a reputable local bank.
Mac of all trades customer service number License number#
Khwezi Trade is regulated by the South-African financial regulator, which is the Financial Sector Conduct Authority (FSCA) in South Africa, with an FSP license number 44816.
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This Khwezi Trade review will inform you on the different regulatory and protective measures towards clients. You’ll find all client funds are stored in segregated accounts with a high-tier bank to ensure transparency. In addition, this Forex broker is compliant to the Financial Intelligence Centre Act (FICA). Khwezi Trade is currently regulated by the Financial Sector Conduct Authority ( FSCA), with an FSP license number 44816. In 2020, Khwezi Trade has been seen as the Best Broker South Africa of 2020 that was awarded by the Global Brands Magazine. This Forex broker aims to create the best online trading environment for its clients, with the lowest spreads and no commission required. Khwezi Trade is a South African-based Forex broker that was founded in Cape Town, in 2013. Several means of communication available.Stores client funds in segregated accounts.Regulated by the Financial Sector Conduct Authority (FSCA).This Khwezi Trade review will provide you with an in-depth analysis of all its features that are available to you, as an active trader. Along with the regulation of the FSCA, this Forex broker stores client funds into segregated and personalized accounts. Khwezi Trade offers four different trading accounts that are based on the trader’s experience. Khwezi Trade is a South African-based Forex broker that is currently regulated by the Financial Sector Conduct Authority (FSCA).