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10Markets Broker Review

Min. Deposit: $250
Min. Investment: $10
Max Returns: up to 83%
Rating: Rated with 4.5 stars
Regulated Broker: Available
Signals: Yes
  1. 10Markets

    Financial markets are constantly changing and new opportunities are there for those who pay attention and keep an open mind.

    For South Africans who are looking to diversify their trading 10Markets broker offering Forex and CFD trading could be an interesting prospect.

    In our 10Markets broker review, we also found another advantage which is presented in the chance to even experience binary trading using a popular trading software Binary Options Robot.

    We spotted the interesting potential and are presenting our 10Market broker review.

    Here South African traders can find essential info necessary to start trading with this broker.

    10Markets General Info – South Africa

    The first benefit of opting to use 10Markets broker is that they have obtained a regulation. While it is not fair to claim that all unregulated brokers are scam, we do advise traders to select regulated brokers.

    In terms of minimum deposit, South Africans will have to spend $250. The minimum amount for a single trade is set at $10 and possible returns go as high as 83%.

    This free advanced robot offers South Africans over 50 underlying assets as well as a superb VIP account.

    Further in our 10Markets broker review, South Africans can find out more on trading a variety of underlying assets like stocks, currencies, commodities and indices as well as CFD trading.

    10Markets Trading Platform and Features

    Further in our 10Markets broker review, we took a closer look at their trading platform.

    We found they use the acclaimed and popular MetaTrader 4 or MT4 which offers a variety of advanced indicators, charts and trading tools.

    This trading software allows South Africans who are eager to join the ranks of Forex and CFD traders modern, innovative and effective trading experience.

    In a true fashion of modern broker, 10Markets provides three MT4 forms for trading which include the standard desktop version, popular mobile version and web-based version.

    Advanced technological age of the 21st century knows no limits so 10Markets provides busy South Africans with an effective mobile trading app.

    The mobile trading app is in high demand as they allow traders to save time and trade without actually interrupting their daily activities. Traders can trade on the go and use even short time intervals to place trades.

    The most important this with using the mobile app is a stable internet connection.

    Via mobile app traders can also keep an eye on the financial market and any changes which occur and could have an impact on their trading decisions.

    Another fantastic benefit for South Africans which we discovered in our 10Markets broker review is the opportunity to use the demo account.

    Clever traders will seize this great opportunity as it allows them to experience what it feels like to experience the trading process but with one notable difference.

    The fund on the demo account are virtual and not real which neatly translates to – no risk for South African traders. The demo account is the perfect training area before traders start trading on the real account.

    With 10Markets demo account, traders can experience trading conditions which they can expect to find in real trading.

    In our 10Markets broker review, we also discovered that traders can use additional trading features. One such feature is the Mirror Trading which presents a distinct set of features allowing traders to follow trades made by other registered traders and further improve their performance.

    With 10Markets, South African traders have a trading platform available in English and German.

    10 Markets Account Types

    Another treat for South Africans looking to trade CFDs and Forex is in the selection of trading account types they can experience with 10Markets.

    In the course of our research for 10market broker review, we can confirm that traders have the amazing selection of five different account types.

    10Markets Bronze Account Type

    • Minimum deposit of $250+
    • CFD and Forex trading
    • eMail research and Daily market overview included
    • @Go_For_Goldman bidaily webinar access

    10Markets Silver Account

    • Minimum deposit of $2,500+
    • CFD and Forex trading
    • eMail research and Daily Market overview
    • 2-week Portfolio manager assistance
    • 1-month access via Trading Central to Signals-On-Demand
    • @Go_For_Goldman bidaily webinar

    10Markets Gold Account 

    • Minimum deposit of $5,000+
    • Forex and CFD trading
    • 1 month of one-on-one trading sessions
    • Portfolio Manager assistance
    • Daily market overview + research by eMail
    • Signals-On-Demand via Trading Central
    • Bidaily webinar by @Go_For_Goldman

    10Markets Premium Account

    • Minimum deposit $10,000+
    • CFD and Forex trading + Daily Market overview
    • Portfolio Manager assistance
    • Trading Central Signals-On-Demand access
    • 2-month of one on one trading sessions with an expert
    • Expedited withdrawals
    • Usage of Forex trading algorithms – Tradency
    • Access to Sessions with Jay Goldman (10Markets chief analyst)

    10Markets Platinum Account

    • Minimum deposit $25,000+
    • CFD & Forex trading
    • Premium Signals via Trading Central
    • 1-week live trading sessions with an expert (one on one)
    • Expedited withdrawals
    • Forex trading algorithms – Tradency
    • Sessions with 10Markets chief analyst Jay Goldman
    • Spread discounts and variable Forex spreads
    • Live trading sessions with an expert

    10Markets Customer Support

    Professional, responsive and quality customer support is a must for a serious broker.

    In our 10Markets broker review, we were able to confirm all those qualities.

    Their customer support is also available via several channels which include the live chat, web form, several phone number and email [email protected]

    South Africans who want to use the phone number they can do so at +27 510 110 31.

    10Markets support service is available 24/7.

    Further proving they wish to be as helpful to their registered traders, 10Markets have prepared a fantastic array of educational materials available on the platform.

    In their Learn tab, all interested South African traders can find a truly comprehensive collection of useful materials which include Industry News, Webinar Lessons, FAQs, Trading Manual, Video Center and Trading Central.

    10Markets Banking Info

    Security plays and the important part when it comes to any form of financial trading and 10Markets broker is very much aware of that.

    According to information available on their site, they keep traders’ funds in segregated accounts and all the exchanged info between traders and the platform is SSL encrypted and processed via PCI compliant servers.

    Payment methods South Africans have on disposal for making deposits and withdrawals include the standard wire transfer, credit cards and e-wallets like WebMoney, iDeal and Yandex.Money.

    It generally takes between 2 to 5 business days for 10Markets to process withdrawal requests.

    In our 10Markets broker review, we found no info concerning any withdrawal fees which is another advantage for all South Africans interested in trading with this broker.

    Since this is a regulated broker, they comply with the KYC policy which is used to provide further protection against money laundering, identity theft and fraud.

    This also means that traders need to submit documents like copy of the photo ID, a copy of the credit card used to make the make the deposit and proof of address.