$5
500
South African Broker with ODP license. Same day withdrawals
Review
Trading Costs
Reasonable trading fees for a South African broker.
Safety of Funds
QuickTrade is one of a very select few brokers in South Africa, fully regulated by the FSCA with an Over the Counter Derivatives Provider (ODP) license. Brokers without an ODP license in South Africa has been targeted and shutdown by the FSCA (JP Markets, Veracity, Vault Markets, Blackstone Future to name a few) and more brokers might follow.
To have an ODP license the broker must make provisions for fund segregation, sufficient liquidity, disaster recovery plans, much like a bank, making this one of the safest brokers for South African traders.
Countries Supported
All countries are supported, even US/Canada
Customer Support
Quick trade Live Chat support is super fast and efficient and the most convenient way to get support. Support via phone and email is just as fast. This broker has ⭐⭐⭐⭐⭐ customer support.
Platforms
MT5 only
✅ Pro’s
- Fully regulated with ODP license in South Africa
- Great support
- No minimum deposit amount
- Quick deposits and withdrawals for South African traders
❎Con’s
- No Metatrader 4 Support