Khwezi Trade is a South African online trading broker that offers multiple trading instruments across different asset classes, including currency pairs, metals, energies, soft commodities, and indices, for online trading via the sophisticated MetaTrader 4 trading platform. The broker operates the Straight-Through Processing (STP) execution model, which ensures that clients’ orders are executed at the best possible prices with minimal slippage. The broker has won several industry awards including the ‘Best Broker South Africa’ 2019 and 2020, awarded by the Global Brands Magazine.
Khwezi Trade Review Introduction
In this Khwezi Trade review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Khwezi Trade.
Khwezi Trade Platforms & Tools
Khwezi Trade provides traders with the popular and sophisticated MetaTrader 4 trading platform. The platform is easy to use and suitable for traders of all experience levels. It has a wide selection of charting, analysis, and automation tools.
The broker provides the desktop application for Windows and Mac computers and a web trading terminal that runs directly on most modern web browsers, such as Chrome, Safari, Firefox, and Edge. There are also mobile apps that are designed for Android and iOS devices.
The broker also provides clients with a range of useful trading tools in addition to those built into the MetaTrader 4 trading platform. They include:
- Technical Analysis: This assists traders in making informed trading decisions.
- Market Forecast: This gives a complete roadmap for expected movements and can be used to develop and enhance your trading strategies.
- Dedicated Account Manager: They are committed to providing traders with the highest level of trading assistance and are readily available.
- Market Analysis Portal: This enables traders to get access to updated analysis on some of the key factors that can move the markets.
Khwezi Trade Research & Education
The broker provides traders with a good selection of educational resources, such as Video Tutorials, Trading Blog, and Market Research, to help traders improve their trading skills and knowledge.
Khwezi Trade Trading Accounts
Khwezi Trade offers a variety of trading account types that are designed to suit traders of all experience levels. The accounts are denominated in South African Rand and have a minimum trade size of 0.01 lots, while the leverage is capped at 1:200. The trading account types and their corresponding minimum required deposits are as follows: Basic Account (R2,000), Standard account (R15,000), Premier Account (R30,000), and the VIP Account (R50,000).
Demo Accounts are also available for those who wish to practice their trading strategies and familiarize themselves with the broker’s trading platform.
Khwezi Trade Account Funding
The broker offers clients two payment methods: Credit/Debit Cards for deposits and Bank Transfers for withdrawals.
Khwezi Trade Customer Service
Khwezi Trade offers dedicated customer support services, which can be accessed via telephone, email, and online live chat, or by visiting the support team at their office in Cape Town, South Africa.
Khwezi Trade Regulation
Khwezi Trade is a division of Khwezi Financial Services Provider, with registration number: FSP 44816. Khwezi Trade is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa.
Khwezi Trade Review Summary
Khwezi Trade is a South African trading broker that offers multiple trading instruments on the MetaTrader 4 trading platform along with a range of useful trading tools and educational resources. Being an STP broker, Khwezi Trade offers competitive trading conditions.
It is worth mentioning that some of the trading products and services in this Khwezi Trade review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Khwezi Trade broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.