Markets.com South Africa is one of the major players in the Forex trading arena not only in South Africa but the world at large. The firm is known for many things among them offering its customers some intuitive features which make trading easier, exciting and ‘informed’ for traders. But the one thing that separates the broker from the rest is the Markets.com No Deposit Bonus feature. This feature is enjoyed by traders who opt to trade in commodities, currency pairs and even cryptocurrencies. Even though the broker is based in South Africa, it has clients from all over the world and its services are offered in 15 different languages.
The Markets.com no deposit bonus
Like many FX brokers out there, Markets.com has tailored its platform so as to ensure that traders not only have an easy time understanding how to trade but also enjoy doing so. The South Africa-based firm now offers its South Africa customers a no deposit bonus. The Markets.com bonus no deposit amounts to R250. All a trader is needed to do in order to get this free R250 is to sign up for an account. You will be required to complete the registration process after which you will receive the bonus in your trading account. You can then start trading immediately. Click here to get XM 30 USD bonus instead!!
Markets.com as a whole
The brokerage itself is considered to be one of the best South African Forex brokers as it has been attracting arguably the most amount of locals to its platform. This no deposit bonus is a testimony to their devotion to the development of the financial knowledge for the local population. The knowledge gap between financial freedom and poverty has been becoming smaller and smaller in South Africa and Markets.com is one of the companies to thank for it. In terms of regulation, you are completely covered as the brokerage is listed on the country’s regulation list, by the financial watchdog FSCA.
Why go for the Markets.com free account?
For the traders who are based in South Africa and who have never traded a live account before, Markets.com offers them the ideal learning opportunity. The Markets.com bonus without deposit helps traders especially the newbies get a good idea of the trading conditions.
The traders also get to master their trading strategies. When a trader manages to build their account from R250 to maybe R500, they become more confident and also learn the tricks they can employ when it comes to dealing with real money. Even when such a trader loses the bonus money, they learn the mistakes they will not repeat when it comes to trading using their hard-earned cash. On top of that, the money they lose here is not real money.
The no deposit bonus markets com serves as a buffer for small-scale traders in that one doesn’t have to learn through the hard way. Many brokers do not offer free deposit bonuses and this means that traders must first deposit cash into their accounts before they can be allowed to access the deposit bonus. So, if the bonus trading experience is not favorable to the trader and they decide to not continue, they stand to lose the money they deposited. At Markets.com, if you feel that FX trading is not your thing, just sign out and no money that belongs to you will be lost.
Trading at Markets.com
After you have tested the water using the Markets com 25 bonus, you can deposit money so as to start live trading. You can open a basic account which requires that you put a minimum deposit of $100. There is a standard account and a premium account which require a minimum of $2500 and $10000 respectively. Whichever account you opt to open, you will have an easy time if you have first learned the ropes with the Markets.com free account.