ForexQ.com
ForexQ.com
According to its official website, Egoli Forex is a South African-rooted forex and CFD broker named after Johannesburg's nickname, the City of Gold. According to the regulatory disclosure on the site, services are provided by Egoli Forex (PTY) Ltd (registration no. 2017/157566/07, FSP 49015), an authorised financial services provider regulated by the FSCA, with its registered office in Boksburg (Gauteng). The firm says it operates a 100% A-Book (STP/ECN) model that routes all orders to institutional liquidity providers, never takes the other side of client trades and holds client funds in segregated accounts at tier-1 banks. There are six account types: Growth, Standard and VIP with traditional spreads, and Starter, Raw Standard and Raw Pro with raw spreads and flat commissions; according to the FAQ the Standard account starts from 25 USD, while VIP and Raw Pro require a 500 USD minimum deposit; Growth and Starter accounts carry a 50% deposit bonus. Trading is available on cTrader desktop and web, WebTrader and the Egoli mobile app (iOS, Android), with algorithmic trading via FIX and Open API. The site says a single account gives access to more than 2,000 instruments, including 70+ currency pairs, global indices, commodities such as gold, silver and oil, and 30+ cryptocurrencies. Deposits and withdrawals are made by bank transfer, card and cryptocurrency. This information is the company's own statement.