Sandton Direct Review
With its registered offices in Saint Vincent and the Grenadines and Dubai, Sandton Direct is an online trading broker that offers access to the forex market. They use top-tier liquidity providers, including the X Open Hub. The broker helps to ensure the security of clients’ funds by storing them in segregated accounts with top global banks.
Sandton Direct Review, Pros & Cons
- An advanced trading platform
- Educational resources
- Offshore regulation
- Limited account funding options
- No live chat support
- No USA clients
- No MetaTrader or cTrader platforms
In this detailed Sandton Direct review, our online broker research team has covered some of the most important aspects for you to consider when choosing the best broker for your online trading needs.
Sandton Direct Overview
Sandton Direct is an online trading broker that provides traders with competitive trading conditions and resources to enable them to trade the forex markets online. It has an average trade execution speed of fewer than 85 milliseconds, which can help traders to take advantage of fast market moves with minimal delay. The provided trading platform has a live audio feed and allows traders to tune into the latest market news and analysis. There is also a 24/5 client support team to assist traders.
Sandton Direct Regulation
Sandton Direct is an FSA registered company (IBC21786) with registered offices in St. Vincent and the Grenadines and Dubai, UAE (Sandton Limited) ICC20160204. Its liquidity providers are licensed by the Financial Conduct Authority (FCA) of the United Kingdom (FRN522157)
Sandton Direct Countries
The broker does not offer its services to residents of countries or jurisdictions where the use of such services would be contrary to local laws or regulations. So, they do not accept clients from the United States of America.
Some Sandton Direct features and products mentioned within this Sandton Direct review may not be available to traders from certain countries because of legal restrictions.
Sandton Direct Platforms
The broker provides traders with the XOH Trader, which is an advanced trading platform powered by X Open Hub. The desktop version of the XOH Trader offers advanced trading capabilities, while the new HTML5 platform version offers some of the best execution quality and speeds on the market, according to the broker. The platform is also available as a mobile trading application and is packed with a range of useful features, including bulk order closing, interactive charts with technical indicators, complete trade management, an economic calendar, and real-time market news.
Sandton Direct Trading Tools
There is no standalone trading tool on the broker’s website at the moment. However, the XOH Trader should have plenty of trading tools to suit the needs of most traders.
Sandton Direct Education
Educational resources such as live audio feeds and market news are available to keep traders updated on the latest happenings in the financial markets.
Sandton Direct Instruments
The broker offers forex and CFDs for trading online.
Sandton Direct Accounts & Fees
Traders are allowed to open a single live trading account for their trading.
As broker fees can vary and change, there may be additional fees that are not listed in this Sandton Direct check and understand all of the latest information before you open a Sandton Direct broker account for online trading.
Sandton Direct Support
The broker’s client support team is on hand to respond to clients’ inquiries via telephone, email, and social media.
Sandton Direct Deposit & Withdrawal
The broker accepts the following payment methods for both account deposits and withdrawals:
- Bank wire transfers
- Credit/Debit cards
Sandton Direct Account Opening
To open an account, click on the ’Register’ button on the home page of the broker’s website and fill in the account application form accurately, and then submit.
It is imperative to ensure that when you are going through a broker application, you clearly read all of the broker’s terms, conditions, and policies. Only proceed if you fully understand and agree to them.
Sandton Direct Summary
Sandton Direct is an online trading broker that offers access to trade forex markets by providing traders with advanced trading platforms, educational resources, and a client support team. There are multiple payment options available to clients.
Trading leveraged products can involve a high level of risk to your capital. Forex and CFDs, which are traded on margin, can both bring you benefits and losses. You should not risk more than you can afford to lose. Before you start trading you should ensure that you understand the level of risks involved. Seek independent advice if necessary.