Best 10 Social trading brokers allowed to trade in South Africa. Rating with real reviews

Trade Nation's intuitive, well-designed trading app is a great platform for beginners in forex and CFD trading. Trade Nation may not have the advanced features that you would expect from top trading platforms, however, it might be a problem for seasoned traders.

HotForex (HF Markets Europe) has an enhanced MetaTrader offering, quality research and a copy trading platform. HFcopy offers a decent selection, over 1,000 CFDs, and 47 forex pairs. HotForex's trading costs are still slightly higher than the industry average. The HF mobile app doesn't yet support trading.

Plus500UK Ltd is a UK-based company that offers the Plus500 trading platform. Its main offices are located in London. The Financial Conduct Authority (FCA), has authorized and regulated the company to offer Contracts For Difference (CFD). The company is an emerging CFD provider in Europe, Asia, and offers over a million clients its over 1000 instrument portfolio. Plus500 aims to provide clients with the opportunity to trade all financial products around the world, including shares, ETFs and Indices. Plus500 is a multiasset trading platform. Our extensive coverage covers the UK, US, European, and Asian exchanges. We have strong relationships with some of the most important international banks to provide the best trading platform for our clients. We pass these benefits to our clients in the form of better execution, greater deals size, and lower prices. Our trading platform can be accessed from multiple devices: PCs, Macs, iPhones, Android smartphones and tablets.

Our vision was a Forex trading platform which allows traders to access all available products on global exchanges. Traders choose FP Markets due to the fact that they can trade CFDs with Forex, Shares, or Indices from one account. Our deep understanding and appreciation of traders is what distinguishes us from other competitors. With the right price, execution speed and cutting edge platforms, clients can trade with confidence. We also understand that customers require market analysis and customer support. As a global forex broker we are committed for our clients' interest. Our commitment to excellence is what makes our forex broker one of the most admired in the world.

IC Markets is a well-respected Forex CFD provider. They provide trading solutions for active traders and scalpers, as well new traders to market. IC Markets offers its clients cutting-edge trading platforms, superior liquidity, and low latency connectivity. IC Markets is revolutionizing online forex trading. Traders have now access to pricing previously only available to high-net-worth individuals and investment banks. Our management team is well-versed in CFD, Forex, and Equity markets in Asia as well as North America. We have been able to identify the most efficient technology solutions and best pricing providers on the market thanks to this experience.

FXTM was founded because trading was too exciting only for a few. As traders ourselves, we saw the potential for the internet to offer opportunities to anyone who was willing and able to learn. We established three guidelines to help others find their opportunities. Trust. Anyone who trades with us can do so with total confidence if there are the appropriate licensing and regulations in place. We pledged to keep customer funds separate, so no one would lose any of their money in the event that things go wrong. We promised to be transparent, open, honest, and truthful. Transparency and honesty were our promises. There would be no hidden fees or secrets in trading statistics. Access. Access should be easy. If Warren Buffet can trade it, it should be possible for it to be traded. Because you can't profit from what it isn’t, we offer access to world-class education that money cannot buy. Value. Value. Our agreement was to keep trading costs low and to work with our customers to make them profitable traders. After all, if you do well, we do well. Every action we take is still measured against the "three mores". Trust, accessibility and value. FXTM gives you more.

After choosing the right broker, one of the most important decisions that you will need to make in order to become a trader is choosing the right kind of trading account. This is similar to buying a car. A Hummer may not be the best option if you are looking for something cost-effective and simple to use. If a learner is in a Ferrari, they will most likely crash within the first week. However, starting conservatively and getting guidance from professionals can open up new opportunities. The right account type can also make your first few weeks or months of trading easier. Trading can be made enjoyable by having the right account. We will help you navigate the trading platforms and answer any questions. Check out the following trading accounts to find one that suits your needs and goals.