- Company name: Khwezi Financial Services (PTY) Ltd
- Founded: 2013
- Offices: South Africa
- Regulators: FSCA No.44816,
- Broker type: Pure STP
- Min. Deposit: £200
- Leverage: 200:1
- Min. Spread: 1.0 pips
- Deposit/Withdrawal: Bank wire, Visa/Mastercard
- Currency pairs: Unknown
- Platform: MetaTrader4
- Web based: Yes
- Mobile: Yes
- FSCA (South Africa) Regulated, Category 1 & 2 Licensed
- Rand deposits held in segregated (separate) account with Standard Bank
- MT4 Terminal, Android and iOS Applications
- One-on-One Training Programs
- Spreads vary depending on deposit
- Does not offer shares
Khwezi Trade offers a range of accounts, each with its own deposit amount and services provided. There are free trading signals and technical analysis for all accounts delivered daily.
A R100,000, demo account stays open 14 days, and you can renew it should you wish. Once you have your demo account, the trader can call the desk for assistance, and there are tutorial videos on our webpage for beginners.
The real account is a single account, but there are levels of service that you can expect with the higher levels of deposit.
- Deposit R2,000 – R1,4999: Normal account with an account manager
- Deposit R15,000 – R49,999: 5 free training sessions, account manager, and reduced spreads
- R50,000+: VIP account with tightest spreads, unlimited training, access to account manager at all times
Khwezi trade runs monthly promotions, giveaways, i.e. tablets, smart watches etc. depending on their promotions.
Khwezi Trade has full MetaTrader 4 support – the industry standard the world over. IOS and Android versions of MT4 are available for download from their website so you can trade whenever you are away from your computer.
Khwezi trade offers Copycat or Mirror trading; you can follow other traders on their platform.
All clients get daily emails with signals, and technical analysis along with instructional videos and educational material in the form of ebooks are available on their webpage.
How To Open, Monitor & Close A Trade With Khwezi Trade
Khwezi Financial services is a South African company, one of its divisions is Khwezi Trade. The Financial Services Conduct Authority regulates Khwezi Financial Services – FSP 44816.
Khwezi Trade is highly recommended for South African traders, as they are focused on the South African market. Khwezi Trade freely accepts Rand deposits and supply clients with secure segregated bank accounts with Standard Bank.
Deposits & Withdrawals
There are no deposit and withdrawal fees and withdrawals processed daily (weekdays only).
Access to your administrator login on their webpage, My-Khwezi gives you full control and access to all aspects of your trading account such as wallets, withdrawal request and moving money between accounts.
Client service is excellent with Khwezi Trade. Requests are answered quickly and efficiently. Khwezi Trade is trying to offer South Africans a different and better experience – and a very personal one.
Support is offered via email and phone from their office from 7 am to 6 pm, but clients can call after hours for emergency assistance. Help is available in English, Afrikaans, Zulu, Sotho, Xhosa.
Compare Khwezi Trade
Khwezi Trade Vs. FXpro
|Funding||Bank wire, Visa/Mastercard||Bank wire, Visa/Mastercard|
|Regulated||FSCA No.44816,||FSCA No.45052, FCA, CySEC|
|Broker Type||Pure STP||Pure STP|
|Minimum Spread||1.0 pips||0.6 pips|
|Expert Review||Read review||Read review|
|Visit Website||Visit Khwezi||Visit FXpro|
Khwezi Trade Vs. FXTM
|Funding||Bank wire, Visa/Mastercard||Bank wire, Visa/Mastercard, Skrill & Western Union, Neteller and many more|
|Regulated||FSCA No.44816,||FSCA No.46614, FCA, CySEC, IFSC|
|Broker Type||Pure STP||ECN/STP|
|Minimum Spread||1.0 pips||0.1 pips|
|Expert Review||Read review||Read review|
|Visit Website||Visit Khwezi||Visit FXTM|
Khwezi Trade is a local company, locally based and locally regulated. You can trade in Rands and get access to South African customer support while trading with conditions and software that you would expect of any good international brokerage. If you want to trade local, then Khwezi Trade is worth your consideration.