Forex Brokers That Accept Broker To Broker Payment Method for Deposit and Withdrawal
Recognizing the best forex brokers is not just a matter of identity and basic trading needs. You may need to compare some of them to have more clarity when browsing through some information on forex brokers.
The table below provides what may be necessary for your journey in finding the most ideal broker. Remember to always put your conditions at the front when choosing a forex broker.
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What are the best brokers to use for South African swing traders?
We have compiled 10 best-performing forex brokers that are suitable for swing traders in South Africa.
- IC Markets: IC Markets is particularly suitable for traders who value easy trading execution and low trading costs.
- Exness: The broker is regulated by several trusted authorities such as the FSCA, FCA, and CySEC.
- Khwezi Trade: Khwezi Trade supports Rand-based forex and CFD trading with a wide range of trading instruments.
- FXTM: The broker supports MetaTrader 4 and 5 as trading platforms, both of which can be accessed from various devices such as PC, laptops, tablets, and/or mobile phones.
- FBS: Traders can open a trading account with only $1 and there is no inactivity fee.
- AvaTrade: When it comes to trading fees, AvaTrade offers a fixed spread of 0.9 pips per trade.
- FxPro: The broker also provides customer service that responds quickly and is able to provide relevant answers in multiple languages.
- FP Markets: One of the greatest advantages of this broker is that it uses true ECN bridges and advanced technology.
- Pepperstone: Pepperstone is often considered to be the best broker in Australia that's suitable for almost any kind of trader including swing traders.
- HF Markets: Conveniently, HF Markets offers a ZAR trading account for South African traders as well as USD and EUR accounts.
Continue Reading at 10 Brokers for Swing Trading in South Africa
What is an A-book and B-book broker?
A-book broker is where orders go directly to the market, while B-book is where orders remain in the company.
A-book companies usually get profits from the spreads and commissions, whereas B-book companies get profits from a financial outcome (everything that a trader lost, the company gained, and vice versa).
Continue Reading at Exposing Forex Broker Secrets
Why forex brokers opt for multiple licenses?
Accordingly, there are two major reasons why many forex brokers opt for multiple licenses:
- To comply with regulatory frameworks in the countries where they offer trading services.
- To maintain market integrity and build investor confidence in the company.
Continue Reading at Guide to Forex Brokers with Multiple License
What are the signs of money game brokers?
- Promising a fixed return
- Can't provide any track record
- Withdrawal difficulties
- Withdrawal process takes more than 10 business days
- Unclear regulations and office addres
Continue Reading at Beware the Trap of Money Game in Forex Brokers
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