Khwezi Trade South Africa- Account Types, Currency and Much More

by Carter Toni

Are you planning to open an account in the Khwezi trade, but lack of authentic information is becoming a hurdle in your way? If yes, then this article can surely assist you.

Nowadays, online forex and CFD trading is getting a lot of hype, and multiple people are going for it. If you also want to become a part of it, then delve into the article.

Khwezi Trade- A Quick Overview 

Khwezi Trade is the branch of Khwezi Financial Services FSP. We can say that it is quite a new CFD and forex trader when it comes to online trading. It was launched just a few years back in 2014. The headquarters of this company is located in South Africa. Furthermore, it is worthy of mentioning here that it is authorized by the prestigious regulatory body of South Africa named FSCA.

Khwezi Tradeable Products 

If you are the account holder of this forex trader, you can get the opportunity to trade in almost 60 CFD currency pairs. Moreover, it includes more than forty indices and some commodities like crude oil, gold and silver. The best thing is you can trade all of these commodities in ZAR.

Account Types Offered by Khwezi

On the platform of Khwezi Trade South Africa, you can open the account in four account types such as VIP, Standard, Basic and Premier. Additionally, all of these accounts are available in the ZAR. Therefore, the residents of South Africa can easily trade in all of these four account types.

Now, let’s discuss the main difference among all of these account types. We can say that all of these account types differ from each other because of the difference in the spread and minimum deposits. The minimum deposit required to open an account is R 2,000, and in other words, we can say that you need an amount of 12$. These are the main things that distinguish the Khwezi trade accounts. Apart from that, most of the features offered by these account types are pretty similar. The Khwezi Trade also provides a demo account. So, if you are a newbie and want to jump into forex trading, then it’s better to take a start from forex trading. By using this account type, you can master trading skills even without the fear of losing money.

Deposits and Withdrawals

In Khwezi Trade, the deposit is free of any fees. Additionally, you will get a lot of options such as bank transfer, debit/credit card and electronic payment. This process will usually take one day. Just like deposits, the withdrawal can also be processed without any fees, and you can also get a lot of payment options as well.

Supported Currency

The Khwezi trade supports ZAR, so you can trade in any account of Khwezi using South Africa’s currency named Khwezi.

If you are a resident of South Africa, then it is an ample opportunity for you.

Final Thoughts

To sum up the article, I would like to say that for forex and CFD trading, the Khwezi trade South Africa can prove a good option. Significantly as a citizen of South Africa, a trader like Khweizi that supports ZAR can prove a good choice. We are optimistic that this article will lend a helping hand in making you comprehend the Khwezi Trade better.

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