Khwezi Trade Account Types

Khwezi Trade offers two main account types for traders: the ZAR One account and the Demo account. The ZAR One account requires a minimum deposit of R500 ZAR and is fully customizable. Key features of the ZAR One account include:

• Minimum Deposit: R500 ZAR
• Currency: ZAR
• Spreads: From 0.7 pips
• Commission: None
• Margin Call: 100%
• Stop Out Level: 30%
• Free Withdrawals: Unlimited
• Overall Rating: 4.7/5

The Demo account is designed for beginners to practice trading in a risk-free environment with a starting balance of R100,000 in virtual currency. This account is available for 30 days and offers a great way to familiarize oneself with the trading platform.

Khwezi Trade Broker Account Opening Process

To open an account with Khwezi Trade, follow these steps:

• Visit the Khwezi Trade Website: Go to the official Khwezi Trade website.
• Click on "Open Account": Locate and click the "Open Account" button at the top right of the landing page.
• General Information: Fill in a form with your general information, including your name, surname, and a valid email address. Agree to the terms and conditions before proceeding.
• Contact Information: Provide up-to-date and valid contact information.
• Select Citizenship: Indicate whether you are a South African or foreign national. The information required will depend on your selection.
• Employment and Financials: Answer questions regarding your employment status and financial situation.
• Declaration: Complete all required fields and declare that the information provided is true. After signing the declaration, you will receive a confirmation email.

Once your account is set up, you can start trading with your chosen account type.