Top 8 Trading Apps In South Africa

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Top 8 Trading Apps In South Africa

June 14
13:18 2023
Traders Union analysts evaluated apps of brokerage companies regulated by the Financial Sector Conduct Authority (FSCA), and apps that support the Rand (ZAR) account in order to determine the best trading conditions in the Forex market in South Africa and select the Top 8 Trading Apps in South Africa.

Forex trading via mobile apps has become a convenient method of trading that offers many benefits. It is important for traders that the app features analytical tools, provides for high order execution speed and has a user-friendly interface. Based on these requirements, TU experts determined the best trading app South Africa.

What factors were evaluated in the process of determining the best trading app

To make things simpler for traders and offer them the most convenient and functional apps for Forex trading, TU specialists collected information about popular apps in South Africa and evaluated them based on the following indicators:

  • FSCA regulation;
  • Usability;
  • Popularity;
  • Availability of analytical and educational tools;
  • Trading platforms (MT4, MT5);
  • Max. leverage;
  • Rand (ZAR) accounts.

Availability of the broker’s client support was also evaluated.

Best apps for traders in South Africa

Based on the evaluation scores, the apps of the following brokers were chosen as the best: 

  • Exness
  • RoboForex
  • IC Markets
  • Multibank
  • AvaTrade
  • FBS.

These brokers offer beneficial trading conditions, enjoy positive feedback from traders, who use their apps. Exness was recognized as the best broker in the rating. The company is regulated by the FSCA, offers MT4 and MT5 platforms, and leverage up to 1:2000.

Disclaimer: This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.

Media Contact
Company Name: Traders Union
Contact Person: Peter Halt
Email: Send Email
Country: Cyprus
Website: https://tradersunion.com/

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