Best Investment Platforms In South Africa You Must Know About

6-best-investment-platforms-you-must-know-about

Trading futures, investing in financial instruments and exchange-traded funds, or buying and selling stocks is no longer a preserve of the tech-savvy backers. With the current level of technology, online trading is available to everybody – senior citizens, stay-at-home moms, first-year college students, name them. 

The exponential growth in the demand for micro-investment opportunities has boosted the online investment platforms and witnessed the emergence of millions of stockbrokers. The top trading platforms in the world provide investors with all the tools they need for trading. To be successful as a trader, you must choose the best trading platform that can help you achieve your investment dreams.

Listed below are the top 6 best investment platforms you must know about. 

1. IG

Best Investment Platforms

IG is a public company based in London but serves clients from all over the world. On this platform, you can access over 17,000 stock markets. In terms of experience, it is among the best online trading platforms globally, having existed for over 45 years.

IG offers several funding options, including PayPal, bank transfer, debit card, and credit card. It is a safe platform to trade on because it is regulated and authorized by the FSCA (SA) and the FCA (UK). 

2. FXCM

Best Investment Platforms

FXCM has a wide reach because it is active on social media. It has thousands of followers on YouTube, Instagram, Twitter, and Facebook. Its account opening process is fully digitized, and the interface is user-friendly. It finds a slot among the top trading platforms because it has excellent trading tools, including a market scanner, market data indicators and signals,  customizable chats, and a calendar. 

3. Plus500

Best Investment Platforms

If you’ve been trading for some time, then you must have heard about Plus500. Based in Israel, Plus500 is the best CFD brokers. They are also the best online forex brokers. The company is regulated in many jurisdictions and has been lauded for its focus on technological advancement and innovation. The platform has no withdrawal and account fees and only charges a small amount for trading.  

4. XM 

Best Investment Platforms In South Africa You Must Know About

One thing that stands out on the XM platform is its demo account, which is available for all users for an unlimited period. You can use the demo account to test trading strategies to find out which one works best for you. XM also has a one-of-a-kind learning center packed with seminars, tutorials, webinars, and videos, which give traders crucial insights into trading fundamentals. 

The minimum deposit required here is only $5, meaning almost anyone can jump in and start trading instantly. There are no hidden fees and no commissions. XM is a very viable investment platform because it offers protection against negative balance. 

5. Markets.com

Market.com

Markets.com can never miss whenever the best investment platforms are discussed. Founded way back in 2008, this platform has been providing investors with a seamless trading experience. It offers more than 2,000 financial trading instruments. 

The designers of this platform had users in mind. It is easy to browse this site and also to use its mobile platform. It has a range of tools and features, which makes it the first choice for many novel traders.

6. FxPro 

FxPro

FxPro is the best broker for CFD trading. It offers six classes of CFD assets: spot energies, spot metals, spot indices, shares, futures, and forex. Investors can trade all these across its four trading platforms. 

Though headquartered in the UK, FxPro has clients in almost 200 countries. The platform has won several awards and was voted by the Financial Times as the best broker in 2015, 2016, and 2017.