Khwezi Trade does offer a free demo trading account for beginner traders to practice on – free of charge. Practice forex trading in a 100% risk-free environment with no minimum deposit needed. Pre-loaded with virtual currency on the MT4 Trading Platform.
|🔎 Account||🥇 Demo|
|📈 Trading Platform||MetaTrader 4|
|🚀 Open an Account||👉 Click Here|
Khwezi Trade Demo Account – 7 Key Point Quick Overview
- ✔️ Khwezi Trade Overview
- ✔️ Khwezi Trade Demo Account
- ✔️ Advantages of Forex Trading with Khwezi Trade
- Khwezi Trade Customer Reviews
- Khwezi Trade Pros and Cons
- Frequently Asked Questions
Khwezi Trade Overview
Khwezi Trade is a proudly South African Forex broker. Khwezi Trade is well-regulated by the FSCA and fully authorized as an ODP. The issuer of the OTC derivative contracts is called an ODP or OTC Derivatives provider. Khwezi Trade offers Rand-based forex and CFD trading accounts and all client funds are held in truly segregated and personalized South African Bank accounts.
Khwezi Trade Demo Account
The Khwezi Trade Demo Account is made available on the MT4 trading platform, at no cost, for to traders who wish to practice trading in a risk-free environment. The Khwezi Trade Demo account option is made available at no cost and comes loaded with virtual currency.
How to open a Khwezi Trade Demo Account – Step by Step Guide
1. Step 1: Get Started
In order to start the application process, the applicant can click on the “Get Started” on the Khwezi Trade home page. On the drop-down menu, select the Demo Account option.
2. Step 2: Complete Registration
The applicant will be required to enter the general information needed to open a demo account. Once all the fields have been filled, the applicant can click on the “Sign Up Now” button at the bottom of the form.
3. Step 3: Confirmation
The applicant will be met with a Thank You screen, and will be required to check their email in order to confirm their newly created Demo account.
Advantages of Forex Trading with Khwezi Trade
Khwezi Trade is a division of Khwezi Financial Services, a South African broker, an authorized financial services provider. As Khwezi is fully regulated by the FSCA it has the ability to keep all client ZAR funds in segregated accounts. Furthermore, all Khwezi account managers are FSCA registered representatives.
Advantages of Forex Trading with Khwezi Trade
- Locally domiciled and regulated
- Rand based trading accounts
- Exceptional Customer service
- Full MT4 trading platform and support
- Client funds held in a segregated Standard Bank account
- Stable trading conditions
- Free deposit & withdrawals
- Zero commissions
Khwezi Trade Customer Reviews
Thank you Khwezi Trade for all the assistance! You guys are Great! – Mikey
5 Stars to the Customer Service Department. Keep up the good job! – Rodger
Khwezi Trade makes opening an account so easy. No confusion! – Thato
Khwezi Trade Pros and Cons
|✔️ Pros||❌ Cons|
|FSCA Regulated||Limited Deposit Options|
|ZAR Accounts||Lack of Education|
Overall, Khwezi Trade does offer a free demo trading account for beginner traders to practice on – free of charge.
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Contracts for Difference (‘CFDs’) are complex financial products, most of which have no set maturity date. Therefore, a CFD position matures on the date you choose to close an existing open position. CFDs, which are leveraged products, incur a high level of risk and can result in the loss of all of your invested capital. As a result, CFDs may not be suitable for all individuals. You should not risk more than you are prepared to lose.
You need to ensure that any decision to engage in trading CFDs is made on an informed basis and in light of your knowledge and experience as well as to your personal circumstances (including but not limited to your financial position).
In addition, you need to ensure that you understand the nature of CFDs and the extent of all risks and aspects involved in trading CFDs.
Before deciding to trade, you should ensure that you understand the risks involved and take into account your level of experience. You should seek independent advice, if necessary, according to research in South Africa.
Frequently Asked Questions
Does Khwezi Trade Offer a Sign-Up or Welcome Bonus?
Yes. Khwezi Trade is said to offer a $30 USD / R500 ZAR credit bonus when opening a new, live trading account.
What is the minimum deposit amount required to qualify for the Khwezi Trade Sign Up Bonus?
The minimum deposit needed in order to qualify for the Sign-Up Bonus is R1000, R2000 for first-time depositors. Deposits over R 50 000 will be receiving a maximum of R 5000 Bonus.
What Account options are made available by Khwezi Trade?
Khwezi trade has 4 Live account options, including Silver, Gold, Platinum, and Diamond Accounts.
Does Khwezi Trade Offer an Islamic, Swap-Free Account option?
No, at this time (2022), Khwezi trade does not make an Islamic, Swap-Free account option available.
Which Forex Trading Platform is offered by Khwezi Trade?
Khwezi Trade makes the MetaTrader4 Trading Platform available to their clientele.
Does Khwezi Trade offer a Demo Account option?
Yes, Khwezi Trade does offer a Demo account option on the MT4 trading platform.
Featured SA Shares Writer and Forex Analyst.