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Khwezi Trade Minimum Deposit Review ☑️ (2022)


 

Khwezi Trade Minimum Deposit

 

The minimum deposit amount required to register a Khwezi Trade live trading account is $30 USD.  This minimum deposit is equivalent to R500 ZAR at the current exchange rate between the US Dollar and the South African Rand at the time of writing.

 

🔎 Account 🥈 Silver 🥉 Gold 🏅 Platinum 💎 Diamond
💰 Min. Deposit R500 ZAR R2000 ZAR R10’000 ZAR R30’000 ZAR
💵 Currency ZAR ZAR ZAR ZAR
🚀 Open an Account 👉 Click Here 👉 Click Here 👉 Click Here 👉 Click Here

 

Khwezi Trade Minimum Deposit – 9 Key Point Quick Overview

 

  1. ✔️ Khwezi Trade Minimum Deposit Overview
  2. ✔️ Khwezi Trade Account Types
  3. ✔️ How to open a Khwezi Trade Account – Step by Step Guide
  4. Khwezi Trade Deposit And Withdrawal Options
  5. Khwezi Trade Sign Up Bonus
  6. Khwezi Trade Customer Reviews
  7. Khwezi Trade Pros and Cons
  8. Conclusion
  9. Frequently Asked Questions

 

 

Khwezi Trade Minimum Deposit Overview

 

Khwezi Trade offers four live account types and depending on the account choice, the minimum deposit will drastically differ.

 

🔎 Account 🥈 Silver 🥉 Gold 🏅 Platinum 💎 Diamond
💰 Min. Deposit R500 ZAR R2000 ZAR R10’000 ZAR R30’000 ZAR
💵 Currency ZAR ZAR ZAR ZAR
🚀 Open an Account 👉 Click Here 👉 Click Here 👉 Click Here 👉 Click Here

 

Khwezi Trade Minimum Deposit

 

Khwezi Trade Account Types

 

Khwezi Trade offers four live account types with varying minimum deposits, benefits, and spreads, making them suitable to both beginners and experienced traders.

 

🔎 Account 🥈 Silver 🥉 Gold 🏅 Platinum 💎 Diamond
💰 Min. Deposit R500 ZAR R2000 ZAR R10’000 ZAR R30’000 ZAR
💵 Currency ZAR ZAR ZAR ZAR
🔁 Spreads From 1.4 1.0 0.7 0.4
💳 Commission None None None None
🚀 Open an Account 👉 Click Here 👉 Click Here 👉 Click Here 👉 Click Here

 

Beginner traders will be able to best benefit from the accounts that require lower minimum deposits. These accounts may also come with the ability to trade in micro-lots.  The Silver Account at Khwezi Trade is a popular account choice amongst beginner traders and requires a minimum deposit of R500 ZAR. The Silver account will allow beginners to trade in smaller trade volumes, measured in micro-lots.

 

Khwezi Trade Accounts

How to open a Khwezi Trade Account – Step by Step Guide

 

In order to start the process, the applicant will start off on the Khwezi Trade Webpage.  Here they can click on the Open Account button located at the top right of the landing page.

 

Khwezi Account Step 1

 

After the Open Account button has been clicked, the applicant will be redirected to the Open Account Page.

 

1. Step 1:  General Information.

 

On this page, the applicant will be required to fill in a form with their general information.  This includes Name, Surname, a Valid email address, and agree to certain terms and conditions before continuing.

 

Khwezi Account Step 2

 

2. Step 2:  Contact Information.

 

The second step in the application process is to provide the broker with up-to-date and valid contact information.

 

Khwezi Account Step 3

 

3. Step 3:  Select Citizenship

 

Here the applicant can select if they are a South African or Foreign Nation Citizen.  The information required to complete this step will depend on the option selected.

 

Khwezi Account Step 4

 

4. Step 4:  Employment and Financials

 

The fourth step will require the applicant to answer questions about the employment status and financials.

 

Khwezi Account Step 5

5. Step 5:  Declaration

 

Once all the required fields have been completed, the applicant will be required to declare that all the information given, is indeed true.

 

 

Khwezi Account Step 6

Once the Declaration has been signed, the following email will be received by the applicant.

 

Khwezi Account Final

 

Khwezi Trade Deposit And Withdrawal Options

 

Unlike other brokers who offer a multitude of Deposit and Withdrawal Options, Khwezi Trade has its own unique Deposit and Withdrawal Procedures to follow.  Here is how it works.

 

Khwezi Trade Deposit Procedure

 

In order to make a direct deposit via a mobile banking app or online banking platform, the new account holder will, upon registration, receive the Khwezi Financial Services bank details. When a deposit is made the account holder must make use of their trading account number as a beneficiary reference and send proof of payment to [email protected]

In order to make an instant EFT or process credit or debit card payments to Khwezi Financial Services, the account holder must log in to the MyKhwezi portal and select “Deposit” on the online portal. Once the transaction has been approved the funds will be allocated to the account holder’s MT4 account.

 

🔎 Khwezi Trade Deposit Options
☑️ Direct Deposit
☑️ Credit Card
☑️ Debit Card

 

Khwezi Trade Deposit Procedure

 

All Withdrawal requests must be sent via email to [email protected]

Withdrawals will be processed daily and the cut-off time for withdrawals is at 15:00. Once the request is received after 15:00 the withdrawal will only be processed the following day. A trader who is making a first-time withdrawal will need to provide a recent copy of their bank statement in their name (not older than 3 months) Funds are usually reflected in the account holder’s bank account in 2-3 working days from the time of the withdrawal.

No fees on deposits or withdrawals.

 

Khwezi Deposit and Whitdrawal

 

Khwezi Trade Sign Up Bonus

 

Khwezi Trade Sign-up bonus and promotions will vary from month to month and clients can enquire about the latest promotions online.  At the time of writing (2022), Khwezi Trade is said to offer a $30 USD / R500 ZAR credit bonus when opening a new, live trading account.

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.

Kwezi Sign Up Bonus

 

Khwezi Trade Customer Reviews

 

Happy Client!

Grateful to find a South African Broker who makes account types available to both beginners and Pros! – Ruan

 

IG 5 Star Review

 

Great Service.

I had more than a few questions and the Customer Support team was great! They had so patience and understanding! Just Great! – Siera

 

IG 4 Star Review

 

Khwezi for the Win!

Thanx Guys! Your team is great, the platform awesome and the minimum amounts affordable.  – John

 

IG 3 Star Review

 

 

Khwezi Trade Pros and Cons

 

✔️ Pros ❌ Cons
FSCA Regulated Limited Deposit Options
ZAR Accounts Lack of Education
Customer Support
Broker Verified

 

Conclusion

 

Overall, the minimum deposit amount required to register a Khwezi Trade live trading account is $30 USD / R500 ZAR.

 

Disclaimer

 

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.





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