Best Web Trading Platform in South Africa - Start Trading: Sign Up, Sign In

We usually hear about investment in the economic news, which is related to the development of a company, industry or country. Most people think that this concept has no relevance to their lives. But the reality is that investments are a vital necessity for everyone who is thinking about their future and the future of their family.

In today's environment, it is possible to invest your money literally from the comfort of your chair, online. The investor has only to carefully select the tools for investment and correctly allocate the risks. Oh, and you need internet access and some money on any bank card.

Market analysis on the platform
Market analysis on the platform

What is a web-based trading platform in South Africa?

Browser based trading in South Africa is one of the easiest and most convenient ways to trade forex. Web based trading platform allows you to trade online directly through the browser of your operating system. As a result, you do not need to download any additional software, and you can work from any computer or mobile device.

Brokers with Web trading platforms are designed for traders who are unable to install a desktop trading platform on their computers. If you trade forex from home or work, you will find it more convenient to conduct transactions from a browser-based platform. Many traders do not have the ability to install third-party software on their work computers. In this case, the brokers with web based platforms can help you. Almost all trading platforms are compatible only with the Windows operating system. For other systems you will have to use a browser based trading platform.

A browser based trading platform in South Africa is as powerful as a desktop trading platform. You can trade from your Live Account regardless of the operating system installed on your computer. All you need is the internet and access to any browser. 

Advantages of an internet-based trading platform:

  • Convenience. The regular version is downloaded to your computer, installed, etc. - all this time. And where is the guarantee that there is no Trojan in the installation file? In fact, the probability is almost zero, because no one will risk his reputation, and antivirus software can detect such things. But for the doubting trader, the mere presence of such a possibility will suffice. The browser platform opens in a few clicks.
  • Perfectionism. There is nothing superfluous in the browser platform. It is optimized for quick trading, so there are no extra features. Whether it is good or bad is a rhetorical question.
  • A browser-based trading platform is of interest when you choose a broker and want to quickly test the trading conditions on their accounts, the speed of order execution, etc. That is, you want to feel how comfortable you will work with it. The browser-based platform allows you to do this in a couple of clicks. 

Disadvantages of the internet based trading platform:

  • Limited functionality. Algorithmic trading is not available, there is no possibility to test indicators and trading systems, you cannot add new indicators. That is, it is impossible to conduct a full-fledged trade and to check the strategy's performance.
  • Speed of operation. The browser platform is tied to the broker's servers, the speed of the terminal will depend on their load and technical capabilities. The speed of the platform installed on your computer depends on the characteristics of your computer.
Select indicators on the platform
Select indicators on the platform

A web based trading platform is interesting for testing a broker's technical capabilities and getting to know the platform/trading for the first time. For professional trading in real accounts, it is better to use a full-fledged web based trading platform installed.

Web based trading platform in South Africa now offers online tools for market forecasting and analysis, such as charts and news flash. 

Traders don't need to be glued to a computer screen to make profitable trades. You can use charting tools to track where the market is going and how it might affect prices. The browser-based trading platform in South Africa offers charting features which allow you to identify patterns in trends, price directions, support and resistance levels. You can even customise your charts based on your personal strategies and forecasts.

On the Web platform in South Africa, you can do monitoring of your trading account. This is a detailed report of all the trades made. All trade statistics are gathered automatically and presented to you in clear charts and graphs. Growth rate, trading history, distribution of trading instruments, shares of losing and profitable trades, trading activity statistics and deposit load are just a small list of indicators that you can monitor once you have connected your trading account monitoring.

The basis of profit making when trading on a Web trading platform in South Africa is a simple rule: buy low and sell high. All trading is about successive trade operations of buying and selling financial instruments. This will require opening, changing and closing trading positions. 

A trade position is defined as a market commitment, the number of contracts bought or sold, for which no offsetting transactions have been made. All trading activity on a browser-based trading platform takes place using trade positions. The Web based trading platform provides a wide range of options for managing trading positions. The trader issues orders and the brokerage company executes the opening or closing of the trading position. 

Managing trading positions on a browser-based trading platform is:

  • Position opening - buy or sell a financial instrument as a result of a market or pending order execution;
  • Position modification - change of Stop Loss and Take Profit order levels;
  • Setting pending orders - setting pending orders Buy Limit, Buy Stop, Sell Limit and Sell Stop;
  • Modification and removal of pending orders - modification and removal of pending orders which have failed;
  • Close position - purchase or sale of a financial instrument for an existing position in order to close it.

On the Web based platform for trading in South Africa, traders can set up different periods to analyse stock quotes. Quoting a stock on a stock exchange is about determining the price during trading and publishing prices on a quotation list. Incidentally, not all securities that are admitted to trading are quoted. This is because the requirements for admission to a quotation list are more stringent than those for admission to stock exchange trading. 

With the help of quotes, traders analyse the value of an asset at the current moment in time. Through the history of asset quotations, traders test how well the algorithm they have created works. Generally, free data is provided with a time lag. For investors the time lag is not critical, but for intraday traders it is important to see stock quotes in real time. 

Brokers and traders are broadening their horizons and the traditional practice of clearly categorising asset classes according to the types of business transactions carried out via incompatible trading systems is gradually dying out. The current trend towards full automation of the trading process is creating the need for cross-trading systems.

Web trading platform opens wide possibilities for trading different asset classes. A browser-based trading platform in South Africa enables traders to sell and buy foreign currencies, common stocks, futures, options and other instruments. 

Now, with the advent of the internet, traders have the ability to trade stocks, options, currencies, futures and other financial products through one web based trading platform. Investors no longer need to visit a broker to trade or access their own trading software. Anyone can invest in these markets using their personal computer at home. 

A web based platform for stock trading

The process of trading stocks on a Web based trading platform has become much easier in recent decades due to technological advances - previously, large capital was required to enter the stock market, but now a minimum investment of $10 is sufficient to start your career. Buying and selling assets is a risky activity. But the frequent and unpredictable changes in quotes allow people to make a quick profit on their investment.

How to open account
How to open account

Companies issue shares to raise money from investors. Once the IPO (Initial Public Offering) takes place on the stock exchange, the company becomes open to outside investment. And of course, market trading (speculative buying and selling, etc.) begins around the company's shares, i.e. while the company uses the investors' money, investors use the shares to generate speculative income (well, or dividend income).

Browser-based forex trading platform

Forex trading requires certain knowledge, skills and morals. When trading on an internet based forex trading platform you need to be able to make decisions by analyzing your successes and mistakes. The forex exchange market is based on the principle of free exchange of currencies, which implies no government intervention in transactions (no official exchange rates, no restrictions on the direction, price or volume of transactions).

Currency pair is the main instrument of the Forex market and is a currency quotation, which is expressed in the bank symbols. The base currency is in first place (on the left) and the quote currency is in second place (on the right).

A web based platform for options trading

Option is a contract that allows you to buy (call) or sell (put) the underlying asset (commodity or security) in the future at a fixed price (strike). Its peculiarity is that the holder of such a contract can use or not use his right to buy (sell). For the opportunity to use a 'pending' trade on a WebTrader you have to pay a certain amount, called option premium, which becomes the price of the contract. The time for which the trade is postponed is known as the expiry time. There are 2 types of options contracts: call and put. A call is the right to buy and a put is the right to sell the BA at the strike price.

A web platform for commodity trading

Commodity trading is one of the most popular ways to profit from the global exchange of commodities. Commodities are a great asset to diversify your portfolio and benefit from changing macroeconomic trends. To be a profitable commodity trader you need to understand all the different commodities and how they interact with each other, as well as your investment mechanisms and your disposition. 

What makes commodities special is that they are produced and traded in large quantities, which guarantees a global supply and sufficient liquidity for the market.

The four main types of commodities are:

  • Energy: these commodities include crude oil, electricity, natural gas, coal, uranium, petrol, heating oil and ethanol. Energy commodities have a huge impact on the production, distribution and prices of other commodities.
  • Agriculture: all food crops (wheat, maize, soya, barley...), technical crops (cotton, rubber, lumber...) and livestock (cattle, poultry, pigs...).
  • Metallurgy: precious metals (gold, silver, platinum and palladium) and non-ferrous metals (iron ore, steel, aluminium, nickel, zinc, tin...)
  • Environmental credits: this is the latest product category, including carbon emissions, renewable energy certificates and energy saving certificates.
Commodities trading platform
Commodities trading platform

Browser-based ETF trading platform

ETFs are a relatively new and modern investment product. Also called trackers. It is clear from the name that these products copy the prices of an underlying asset. It can be a commodity, a bond, a stock index or a basket of other assets. ETFs are traded like ordinary stocks in stock markets. ETFs typically have higher daily liquidity and lower fees than mutual fund shares, making them an attractive alternative for investors.

As an ETF owner, you are entitled to receive a portion of the profits, such as interest paid or dividends paid, and you may receive residual value if the fund is liquidated. Of course, you will also benefit from changes in the fund's share price. There are ETFs that you can trade on both the long and short side. Owning funds can easily be bought, sold or transferred in the same way as traditional stocks because ETFs, unlike mutual funds, are traded on public stock exchanges.

A web based platform for cryptocurrency trading

Digital money is gradually spreading around the world, thereby attracting new users. Cryptocurrency is an intangible currency used for mutual payments. Unlike traditional money, it has no tangible form or controlling institutions, but it has a number of advantages. The main prerequisite for the creation of such a means of payment was the desire to simplify mutual settlements in the network.

The world of cryptocurrencies is best introduced by choosing a strategy. The main ones are investing and trading. The former involves buying the asset and holding it for a long time. The second is short-term speculation. A trader makes many trades in digital assets, trying to make a profit in a short period of time.

Depending on the strategy chosen, the cryptocurrency storage methods also differ. For investments, cold wallets are better suited. This way you can keep the cryptocurrency on your computer or a flash drive. The plus side is security, no one can steal the cryptocurrency without direct access to it.

Exchanges are the best way to trade digital assets. The customer can sell or buy cryptocurrency at any time, as well as take advantage of additional options.

Cryptocurrency trading platform
Cryptocurrency trading platform

Browser-based index trading platform

An index is an indicator of the big picture, a composite of the dynamics of a large number of stocks, bonds, etc. The easiest and most accessible way to invest in an index is to buy a BPIF or ETF on an exchange via a broker. 

Index investing is less risky due to broad diversification. Diversification is the allocation of invested funds between different investment vehicles in order to reduce the risk of possible capital loss or return. That is, it shows the state of affairs in the industry as a whole and has little dependence on the share price of a single member company. 

By investing in a stock index, it is possible to dispense with the notion of a single company's financial performance and focus entirely on the situation of the industry as a whole. 

Web trading platform in South Africa has become very popular. Traders can use chat rooms and forums to learn from the experiences of others and can make better choices in their future trades. 

New and experienced traders can benefit greatly from the tools and information provided by a web based trading platform. Traders can get real-time market movement information, trading tips and news that can affect trading. The web based trading platform is very flexible and user friendly. The web based trading platform is designed to provide all the necessary features to facilitate and simplify tasks. 

News on Web Trading Platform
News on Web Trading Platform

How to start using a web based trading platform in South Africa?

The best way to learn the psychology of the market is to first try trading yourself on a browser-based trading platform. This will help you understand how people trade, how markets work and how different factors can affect prices and price movements. When you first learn about market trends and how to interpret data from different markets, stick to small trades. Invest only money that you can afford to lose!

As your trading career progresses, you can gradually expand your investments and make larger, stronger trades. We wish you a successful investment!

Once you are equipped with the necessary minimum knowledge, you can start trading on the browser based trading platform in South Africa. Before you risk your money, try trading on a demo account. A demo account is free, can be opened and funded with virtual dollars, and allows you to trade under similar conditions to a real account. 

In order to open a demo account on a forex broker's website, you will usually need to register by providing your phone number, to which you will receive an SMS with a confirmation code. The advantage of a demo account is that a lost deposit will never hit your pocket. You simply open a new demo account and continue gaining experience trading on the Web trading platform in South Africa.

Registering on the investing platform
Registering on the investing platform

Once you have mastered the browser-based trading platform and have the knowledge you need to trade, you can move on to opening a real account. You can make a deposit by transferring money via bank card, bank transfer or e-wallet. Depending on the deposit method you choose, the money will take about 5 minutes to arrive. Experts advise you to start with micro amounts and then expand your investment portfolio with experience.  

It takes some time to learn how to work on an internet-based trading platform. Proper preparation will go a long way towards a successful start. Working on a Web based platform is not difficult, you just need to understand what it all means. Give it a try and you are sure to succeed!

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