Standard Bank is one of the best banks for Forex trading in South Africa. Forex traders who are interested in investing in Forex trading South Africa Standard Bank, should visit the bank official website at standardbank.co.za.
Just like FNB Forex, you can invest money in global financial markets and instruments such as CFDs, ETFs, Forex spots, Exchange Traded Commodities and shares.
Features of Standard Bank WebTrader app
- Gives you access anytime and anywhere in the world
- You can trade multiple assets
- Has strong charting systems for multiple instruments
- Comes with analysis tool which you can use to predict the price movement and track your trades
- You can access to thousands of shares, commodities, ETFs, forex spots, CFDs and Indices
- Regular stop orders to help protect your investments
Demo Account
You can also open a demo account with Standard Bank. Demo accounts, also called Practice accounts, are demo trading accounts designed for novice traders to learn how to trade. The Standard Bank demo account gives you a 20 day free trial with a no obligation and funds you up to $100 000.
How to Open A Standard Bank WebTrader
To open a Standard Bank live trading account, you need to complete 3 registration steps online. Then you need to submit your FICA (Financial Intelligence Centre Act) documents and fund your online trading account in US Dollars.
How to fund your Standard Bank trading account
Webtrader platform provides online traders interested in offshore trading or interested in a wide selection of financial instruments such as CFDs, Exchange Traded Funds and Shares. You can fund your trading in 3 different currencies, GBP, EUR or USD. But, you will be required to select a base currency, which will be your main trading account. Click here to see more information about funding your Forex Trading South Africa Standard Bank Account.
Funding Instructions |
|
| USD Account | |
| Bank name | Deutsche Bank Trust Company Americas |
| Bank address | 60 Wall Street, NEW YORK, NY 10005, USA |
| Bank BIC / Swift address | BKTRUS33 |
| Bank FEDWIRE/ IBAN number | 021001033 |
| ABA routing number | 21001033 |
| Account name | Standard Bank of South Africa Ltd |
| Account number | 04452100 |
| Reference Number | As supplied in the welcome mail (eg XXXXXXXUSD) |
| GBP Account | |
| Bank name | Deutsche Bank AG |
| Bank address | Taunusanlage 12, 60325 Frankfurt AM Main, Frankfurt, Germany |
| Bank BIC / Swift address | DEUTDEFF |
| Bank FEDWIRE/ IBAN number | IBAN – DE75500700100957344500 |
| ABA routing number | none |
| Account name | Standard Bank of South Africa Ltd |
| Account number | 95734400 |
| Reference Number | As supplied in the welcome mail (eg XXXXXXXGBP) |
| EUR Account | |
| Bank name | Deutsche Bank AG |
| Bank address | Taunusanlage 12, 60325 Frankfurt AM Main, Frankfurt,Germany |
| Bank BIC / Swift address | DEUTDEFF |
| Bank FEDWIRE/ IBAN number | IBAN – DE37500700100957344505 |
| ABA routing number | none |
| Account name | Standard Bank of South Africa Ltd |
| Account number | 957344505 |
| Reference Number | As supplied in the welcome mail (eg XXXXXXXEUR) |