Hundreds of forex trading apps to choose from leaving the South African investor a bit spoilt for choice! It could be a bit challenging to find one that meets your needs. For example, you have to see the currency pair types the app hosts. That’s in addition to commissions and trading fees. Your preferred payment method has to be supported, too. Forex trading app South Africa 2022 leads you to the right options in the new year.
PrimeFin – overall best forex trading app or Which app is best for forex trading in South Africa?
PrimeFin has risen up fast. The broker’s platform serves close to tens of thousands of traders from various countries. The broker lets you buy and sell a range of instruments.
These stocks, currencies, exchange-traded funds, and bonds sans the payment of commissions. PrimeFin has shared from the biggest stock exchanges globally, apart from advanced charting tools. You may create an account for free. There’s no trading limit.
Also, for beginners, PrimeFin has free webinars, videos, and live events, teaching you all about share trading. PrimeFin forex trading app keeps you in the loop with share market happenings.
Salient features:
- One-tap trading option;
- 9 different timeframes;
- 60+ analysis tools;
- Instant market notifications.
ABinvesting forex trading app
ABinvesting is an all rounder. It has an ISA, a pension and general investment account. ABinvesting offers ready to use portfolios, individual shares, spread betting and CFDs. This makes the trading app the right fit across the entire range of investor types. The platform has a lot of depth. While the large number of features may overwhelm many investors, Read our ABInvesting Review
ABinvesting has a heart of gold. It pays to use the forex trading app, giving you access to a comprehensive educational and research tool base.
ABinvesting forex trading app helps you to make the right trading decision. The app permits you to keep track of your investments from anywhere in the world.
InvestBy forex trading
The InvestBy forex trading app may help you invest in funds, shares, exchange-traded funds, investment trusts, venture capital trusts, gilts, and bonds. The InvestBy forex trading app has a great fund offering, with close to 3000 funds available to invest in, a fund-searching screener. Therefore, there are lists of news, insights, and popular funds.
Moreover, the platform works out the cheapest for global shares.
Plus500 forex trading
The broker Plus500 is authorised and regulated , is a FTSE 250 company listed on the London stock exchange’s Main Market for Listed Companies. The funds are kept in segregated bank accounts. The website is SSL secured. Plus500 is a MiFID investment firm.
Plus500 is leading provider of CFDs or Contracts for Difference, delivering trading facilities on forex, shares, ETFs, cryptocurrencies, indices, and options, besides innovative trading technology.
Score with Atletico Madrid, with whom the broker is in a sponsorship deal! Back a decade ago, the broker launched the first iPhone and iPad app permitting clients full control on the go. As a result, the broker is the highest-rated CFD trading app on Apple’s app store.
Plus500 forex trading app has all the tools you need to learn about trading and the manner in which it works. There’s a wealth of information on trading. There are guides, videos, and an alphabetical index for all sorts of info on share trading. The demo trading account is noteworthy. In addition, advanced charting tools are accessible via the Plus500 forex trading app.
What do you look for in a forex trading app South Africa 2022?
Different trading styles suit different trading personalities. The same may be said of forex trading apps. The trading app that is compatible with your trading interests will suit you best.
However, objectively there are standards, and therefore they can be referred to. This makes the choice of the best forex trading apps South Africa 2022 possible.
- Fees and charges
Some platforms charge a flat fee, others charge on the grounds of how you invest;
- What you can trade
You can choose from amongst ETFs, shares, and funds;
- Ease of use
Some platforms are made for more seasoned investors. These might feel a bit too complex;
- Market research and tools
Platform tools may b of help in coming to a fuller understanding of your own investments;
- Demo account
When there’s a demo account available, you really ought to try it! That’s highly recommended for beginner traders.
Conclusion
The best forex trading app South Africa 2022? That is highly relative. The app that answers your needs exactly is the best one for you. We have listed brokers with a known superb performance record. They are all equipped with trading apps packed with features. There’s something for every sort of trader.
