Share CFDs (Over 60 high-quality stocks) with commissions from USD $0.02 per share.Cryptocurrencies (Bitcoin, Litecoin, Bitcoin Cash, Dash and Ethereum) with no commissions.Besides currency pairs, there is the ability of trading CFDs including: Pepperstone offer over 60 currency pairs from the majors such as EUR/USD to minors, including ZAR/USD. These major currency pair spreads include 0.13 for the EURO/US Dollar, 0.14 for the Australian Dollar / US Dollar, 0.22 for the Euro/Japanese Yen, 0.41 for the Euro/British Pound, 0.44 for the Pound/US Dollar. Below compared 2023 average spreads of leading brokers offering ECN broker spreads, with Pepperstone having the lowest across major currency pairs. Pepperstone has a razor online trading account offering spreads similar to a true ECN broker with EUR/USD spreads from 0.0 pips. 1) Average Spreads Offered By Pepperstone Below are the five key reasons why Pepperstone is recommended for those considering the MT4, which is the most used forex trading platform worldwide. Pepperstone is regulated by Australia’s Securities and Investments Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK, as well as in Kenya (CMA), Germany (BaFin), Europe (CySEC), Dubai (DFSA) and the Bahamas (SCB). Low commissions from $3.50 ($7 round turn).The fastest-growing broker worldwide is Pepperstone based on their: This means that the spread will fluctuate as per the market price, and they stop moving once the position is open.īelow you can overview the fix spreads offered by AvaTrade under normal trading conditions on some of the most traded currency pairs: However, it’s important to note that AvaTrade fix spreads are over the market. This type of spread is perfect for new traders that are looking to get into trading and don’t understand variable spreads just yet. Unlike variable spreads, fixed spreads remain constant and aren’t affected by the changes in the market conditions. Fixed Spread Forex Trading BrokerĪvaTrade offers competitive fixed spreads across its range of financial instruments. AvaTrade ZA also has many trading platforms, including the iconic MT4 and MT5 platforms, a browser-based trading platform and proprietary trading platforms, AvaTradeGO and AvaOptions. 10:1 or 5:1 for minor and exotic cryptosĪvaTrade has access to a deep pool of liquidity providers which promises CFD trading with competitive spreads. Cryptocurrency leverage of 25:1 for bitcoin and 20:1 for other major cryptos.Indices leverage 200:1 for major and 100:1 for minor indices.Gold leverage is 400:1, oil is 100:1, silver and other metals 50:1.Forex Pairs leverage is up to 400:1 (0.25% margin) and 100:1 for FX options.It’s important to note that AvaTrade offers different levels of leverage conditions as follows: CFDs on cryptocurrency (16 digital coins and one crypto index).CFDs on FX Options (44 FX options contracts). The spread on the DJ30 is 3.00 points and MSCI spread is 0.10 points. Gold spread starts from $0.34 and WTI Oil spread of $0.03. CFDs on commodities (27 soft and hard commodities, including metals).CFDs on global stocks (632 individual stocks like Amazon, Facebook or Google).Competitive spreads start from 0.9 pips on EUR/USD and 85 pips on USD/ZAR. Forex currency pairs (55+ major, minor and exotic pairs).Regulated across five continents, including on the African continent by the local watchdog FSCA, AvaTrade gives SA traders access to over 1250 financial instruments, including: The Compare Forex Brokers team have distilled these elements into a list of the best forex brokers in South Africa.ĪvaTrade The Best Fixed Spread CFD BrokerĬompare Forex Broker’s top pick for the best CFD broker with the lowest fixed spreads is international broker AvaTrade. These include trading fees, such as forex spreads, trading platforms and product range, in addition to many others. There are many important variables to consider when choosing a forex broker in South Africa.
0 Comments
Leave a Reply. |