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More new services and tools for traders in South Africa

JustForex, an online FX and CFD broker with ECN (Electronic Communication Network) technology has been adding more tools, options and promotions to offer more suitable trading environment for traders all over the world.

Recently JustForex has added a new base currency and funding options especially for traders in South Africa.

Traders in South Africa, can now benefit from the following updates.

Go to JustForex Official Website

ZAR Base Currency

JustForex has added ZAR (South African Rand) base currency option for Mini, Standard, Pro, ECN Zero and VIP account types.

Now, when you open a live or demo trading account with JustForex, you can choose from the following base currencies as you fit: USD, EUR, MYR, IDR, THB, VND, KWD, CNY and ZAR.

Note that ZAR base currency option isn’t available for Cent and Crypto account types.

Cent and Crypto account types only accept USD or USC as base currencies.

Account opening with JustForex is free.

Signup from below and find out more about the trading conditions today.

Open JustForex Real or Demo Account

Deposit Methods for South Africa

JustForex provides its traders with a number of funding options including bank wire transfer, credit/debit cards and online wallets.

While covering all the popular funding methods for traders, JustForex has recently added 3 more options for traders residing in South Africa (and generally in Africa).

The newly added funding options are:

  • Cash (Argentina, Brazil, Colombia, Mexico, Peru, Uruguay)
  • Manual Bank Transfer (Chile, Colombia, Brazil)
  • Direct bank transfer (Brazil, Argentina)
The minimum deposit with these methods is 10 USD (EUR).

Visit JustForex Official Website

Please refer to the table below for more information about funding methods available for traders in South Africa.

Payment Method Available Currencies Minimum – Maximum Amount Commissions Processing Time
South Africa EFT Transfers ZAR 5 – 1750 USD 0% Automated & Instant
African Local Bank Transfers NGN 5 – 10,000 USD 0% Automated & Instant
African Local Cards NGN, ZAR, KES, GHS 5 – 10,000 USD 0% Automated & Instant
African Mobile Money USD, GHS, KES 5 – 1,500 USD 0% Automated & Instant

Find out more about JustForex

Withdrawal Methods for South Africa

Please refer to the table below for more information about fund withdrawal methods available for traders in South Africa.

Payment Method Available Currencies Minimum – Maximum Amount Commissions Processing Time
South Africa EFT Transfers ZAR 20 – 25,000 ZAR 0% + 10 ZAR 1 – 2 Hours
African Local Bank Transfers NGN, KES, GHS 500 – 100,000 NGN 0% + 100 NGN 1 – 2 Hours
African Local Cards NGN, ZAR, KES, GHS 1,800 – 750,000 NGN 0% + 1,300 NGN 1 – 2 Hours
African Mobile Money XAF, GHS, KES, RWF, TZS, UGX 1,000 – 3,000,000 XAF 1.5% + 0 XAF 1 – 2 Hours
1-2 hours during the operating hours of the Finance Department. The maximum processing time is up to one bank day.

Go to JustForex Official Website

Why you should choose JustForex?

JustForex has many advantages to offer for its traders.

The followings are only some of the main advantages that you may be interested.

  1. Raw ECN spread from 0.0 pips
    JustForex has ECN account types which offer traders with raw spread from 0.0 pips. With JustForex, you can limit the costs of trading to the minimum.
  2. Leverage up to 1:3000
    JustForex offers leverage up to 1:3000. It is the largest leverage offered in the Forex industry, and comes with NBP (Negative Balance Protection).
  3. Order execution from 0.05 second
    JustForex has recently reduced the latency for all account types. Now you can benefit from 0.05 second ultra fast execution.
  4. 170+ trading instruments with 2 popular platforms
    JustForex provides traders with both MT4 and MT5 platforms and over 170 financial markets from Forex, Metals, Indices, Energies, Cryptocurrencies and Shares.
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