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Khwezi Trade Review 2024

4.15/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Regulation:
  • FSCA
Foundation date:
  • 2017
Oleg Tkachenko
Written by Oleg Tkachenko
Contributor
Dr. BJ Johnson
Reviewed by Dr. BJ Johnson
Editor
Mirjan Hipolito
Fact-checked by Mirjan Hipolito
Cryptocurrency and stock expert
Updated:
4.15/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Regulation:
  • FSCA
Foundation date:
  • 2017
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Our Evaluation of Khwezi Trade

4.15/10
TU Overall Score
The purpose of creating the TU Overall Score is to make the search for secure and reliable brokerage companies easier for the visitors of our website. We believe that it is a very important mission as, unfortunately, not every company in the financial industry is worthy of trust.

According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Traders Union icon

Khwezi Trade is a broker with higher-than-average risk and the TU Overall Score of 4.15 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Khwezi Trade clients on our website, Traders Union expert Anton Kharitonov recommends users to consider a more reliable broker with better conditions, as, according to reviews, many clients of this broker are not satisfied with the company’s work.

Brief Look at Khwezi Trade

Khwezi Trade is a subsidiary of Khwezi Financial Services. It is an authorized financial services provider with ref. no. FSP 44816. Khwezi Trade gives customers access to Forex and CFD trading on highly favorable conditions. Khwezi Trade team is dedicated to conducting the business with fidelity, professionalism, and fair attitude to every customer. The company acts in the traders' best interests.

Khwezi Trade Summary

💻 Trading platform: MT4, Mobile Apps
📊 Accounts: Basic, Standard, Premier, VIP
💰 Account currency: ZAR
💵 Replenishment / Withdrawal: Bank Transfer, EFT
🚀 Minimum deposit: R 2,000
⚖️ Leverage: 1:200
💼 PAMM-accounts: No
📈️ Min Order: 0,01
💱 Spread: from 0,06 p
🔧 Instruments: Forex, Indicies, Commodities, Metals, Energy
💹 Margin Call / Stop Out: 100%/30%
🏛 Liquidity provider: No
📱 Mobile trading: Mobile Platforms
➕ Affiliate program: Yes
📋 Orders execution: Market Execution
⭐ Trading features: No
🎁 Contests and bonuses: No

User Satisfaction

Score:
2/10

Share your experience

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luannqu18
1 year ago

AT Khwezi Trade started working on a real account with $5000, closed the deal in the red last week. That's what their manager recommended to me. This deal gobbled up the entire depot. Very dissatisfied with the company. Experts called...Do not trade here.

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elsakv11
1 year ago

I must say right away that emotions are not just negative from this broker, but this is a complete negative. Do not trade with this broker under any circumstances. It's a kitchen. It is easy to pour money into them - it is very difficult to withdraw.

0
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4rch3n3my
3 years ago

You have to wait 10 seconds for the deal to close. Is this normal at all? If you position yourself as a decent broker, then the conditions should be decent, not suck!

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inaya
3 years ago

In the beginning, it was more or less still. And then, a little later, it began. It's unrealistic to get through to the support, there was always something to ask. Khwezi Trade simply did not allow trading ... I am waiting for the entry point, I click my favorite of 2 buttons and here: Account in margin call state. New orders not accepted. While the account is being unblocked on the market, the situation has changed. After a couple of days, the situation continues. This is the kind of trade here.

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ngb
3 years ago

I wanted to open an account with Khwezi Trade - it didn't work out, as I understand God saved it. What I want to say: the support is generally incompetent, they themselves do not know how they register. I did not hear anything sensible communicating with them. What kind of company is this?) Laughter!

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Comparison of Khwezi Trade with other Brokers

Khwezi Trade RoboForex Pocket Option Exness Vantage Markets Forex4you
Trading
platform		 MT4, MobileTrading MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader Pocket Option, MT5, MT4 Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 MT4, MT5, WebTrader, Mobile Apps MT4, MobileTrading, MT5
Min deposit $2000 $10 $5 $10 $50 No
Leverage From 1:1
to 1:200 		From 1:1
to 1:2000 		From 1:1
to 1:1000 		From 1:1
to 1:2000 		From 1:1
to 1:500 		From 1:10
to 1:2000
Trust management No No No No No No
Accrual of % on the balance No No No No No No
Spread From 0.1 points From 0 points From 1.2 point From 1 point From 0 points From 0.1 points
Level of margin call
/ stop out		 100%  /  30% 60%  /  40% 30%  /  50% No  /  60% 100%  /  50% 100%  /  20%
Execution of orders Market Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution Market Execution Market Execution, Instant Execution
No deposit bonus No No No No No No
Cent accounts No Yes No No No Yes
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Team that worked on the article

Oleg Tkachenko
Oleg Tkachenko Author and expert at Traders Union
  • Oleg Tkachenko is an economic analyst and risk manager having more than 14 years of experience in working with systemically important banks, investment companies, and analytical platforms. He has been a Traders Union analyst since 2018. His primary specialties are analysis and prediction of price tendencies in the Forex, stock, commodity, and cryptocurrency markets, as well as the development of trading strategies and individual risk management systems. He also analyzes nonstandard investing markets and studies trading psychology.

Learn about our editorial policies.

Dr. BJ Johnson
Dr. BJ Johnson Developmental English Editor
  • Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito
Mirjan Hipolito Cryptocurrency and stock expert
  • Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).