Founded in 2009, Blackstone Futures is a well-regulated South African broker with an attractive ZAR Account and strong educational support that appeals to beginner traders.
The trading account at Blackstone Futures accommodates beginner South African traders with a minimum deposit of 1,000 ZAR, low trading costs with spreads starting at 0.6 pips (EUR/USD), and an optional ZAR wallet. This account allows clients to make smaller trades, and while the number of financial assets may seem more limited than with other international brokers, this should not restrict the trading of any serious beginner.
Beginner traders receive strong educational support, including weekly webinars and in-person seminars around South Africa, in addition to customer service available on weekends. Blackstone also supports beginners by reducing leverage to 1:100, which will increase to 1:400 once the client has a track record of responsible trading.
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