Trading Platforms South Africa

Trading Platforms South Africa | Online Trading | CFD Brokers

Trading Platforms South Africa Comparison Table
Online BrokerMinimum DepositOnline Trading Platforms
$100MT4
$100Web Trader & Apps
$100MT4, MT5, Web Trader & Apps
$5MT4, MT5

Trading Platforms South Africa

these are brokers which are authorised by the Financial Sector Conduct Authority (FSCA) in South Africa, the successor to the Financial Services Board (FSB).

What are trading platforms ?

Trading platforms are provided by brokers to allow the trader to trade markets. They consists of charts, markets, technical analysis tools including indicators and other elements such as order information. Different platforms may organise these elements differently.

What kind of services the broker offers influences the type of platforms they provide. For example if the broker is providing discretionary trading (i.e. services for traders who make their own trading decisions), then they may offer clear simplified platforms. If the broker is also providing automated trading and STP/ECN accounts, then they will tend to offer platforms such as MT4 or MT5, both of which can be used for automated and discretionary trading.

Most brokers offer an economic calendar and this may be integrated with the platform. This can be helpful for all sorts of traders including news traders, as it shows when data will released, which may affect some markets.

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