NSBroker Deposit
Rating Index
Pros
Low spreads starting from 0.3 pips, making it competitive for traders.
Multi-regulated by authorities such as the FCA and MFSA, providing a level of security for clients.
Negative balance protection ensures that traders cannot lose more than their deposited amount.
Cons
Limited range of tradable assets, with only around 60 financial products available.
No account option in ZAR for South African clients, which may be a drawback for local traders.
Maximum leverage is capped at 1:100, which might be restrictive for more experienced traders seeking higher leverage.
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