Forex trading is a highly profitable engagement and it will not be a bad idea if you get involved today. The Forex market is available for the 24 hours of the day and 5 days of the week on Deriv. If you are a South African trader and you are interested in Forex trading, Deriv is one of the best trading platforms to consider. The broker is regulated and this makes it a safe place to trade Forex. The liquidity of the Forex market is high. This makes it a profitable endeavor. The low barriers to entry also make it open to everyone. The trader can access several offerings on the trading platform. The opportunities to trade are endless also.
The Best Forex Brokers in South Africa
What are those features that make Deriv one of the best places to start trading Forex? We will provide helpful answers to the question below.
Forex trading Outstanding features
- Traders can access high leverage on this platform. The spread is also tight. As a result, profitability can be very high. You can also access tight spreads on the platform. This way, the cost of trading for you will be very low.
- The trading platform is highly responsive. It is also very easy to use and you will not need anyone to guide you on how to use it. As a result of this, new traders will not have a problem using the trading platform at all.
- The trading platform comes with several advanced charting widgets. As a result, you will always have a wonderful trading experience here.
- It will not be difficult at all to make a deposit from the site and also make withdrawals on the site. Derive provides several deposit and withdrawal methods to make the process very easy for the trader.
- Additionally, the customer support is outstanding. You can access top-quality customer support 24/7 and this makes the platform outstanding in all sense of the word. You can communicate with the customer care agents via various methods also and they will always be highly responsive.
Many pairs supported
You can trade so many Forex pairs on this site. The platform offers so many instruments for Forex traders. You can access up to 14 major currency pairs on the site. The broker also supports 14 minor currency pairs. Additionally, you can access up to 20 exotic pairs on the site. It is easy to register an account on this site and start trading Forex. However, you should practice before you start trading on the platform.