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TradeForexSA publishes annual Forex Broker Awards

Johannesburg, 04 Nov 2020
  • AvaTrade awarded 2020 Global Forex Broker of the Year
  • Khwezi Trade wins Best Forex Broker in Africa
  • Axi, FXTM and BDSwiss all recognised

Since 2012, TradeForexSA and its sister brands have helped new Forex traders find their feet and provided a comprehensive broker comparison service. Its algorithmic approach to comparison ensures that brokers are rated fairly and traders are never misled.

Each year, TradeForexSA along with its sister brands FxScouts and Fx-Australia evaluates brokers and awards the very best for their accomplishments. In this time of uncertainty for Forex trading, TradeForexSA’s awards are welcomed for highlighting the best in the business. The Forex brokers recognised today are all making a supreme effort to provide the best possible trading experience for their customers.

AvaTrade, one of the largest, best regulated and most respected CFD brokers, has been awarded Global Forex Broker of the Year. AvaTrade has built its reputation on being a client-focused, dependable broker and has gone from strength to strength in recent years with the launch of its excellent AvaTradeGo mobile app and the innovative AvaProtect risk management tool.

Jeffrey Cammack, COO of TradeForexSA, said: "We have worked with AvaTrade for many years, they are a great team and very obviously care deeply about their clients and their partners. It gives me much personal satisfaction that we can recognise their positive contribution in some way.”

Khwezi Trade wins Best Forex Broker in Africa

Also recognised by the TradeForexSA group was Khwezi Trade, winning the award for the Best Forex Broker in Africa. Based in Cape Town and offering a wide range of Forex CFDs, this shining star of local African brokers stands out as the leading broker on the continent for 2020.

Cammack said: “Khwezi Trade have always been a great company to work with. Given the problems the South African Forex industry has faced recently, it is really rewarding to be giving out a prize to a local broker. It shows that South African brokers are trustworthy, capable and can compete with the best in the world, especially when it comes to delivering exceptional levels of customer service.”

With the COVID-19 pandemic entering its second wave, the Forex trading industry is having to adapt fast to meet new demands and challenges. The brokers that best support their client base through this time are those that will reap the rewards in the longer term, and it's only right that outstanding customer care like that found at Khwezi Trade is rewarded.

Axi, FXTM and BDSwiss all recognised

Other winners include Axi for Best ECN Broker, FXTM for Best Customer Service and BDSwiss for Best Market Research Provider. While all the brokers on this list excel across the board, the research team at TradeForexSA took pains to highlight those aspects of a broker that, by their exceptional nature, define a broker’s brand.

For a full list of award winners, visit TradeForexSA’s awards page


TradeForexSA Group

Since 2012, TradeForexSA and its sister brands have provided broker comparisons and Forex education for new traders. TradeForexSA creates high-quality, factually correct, and meaningful educational content that furthers readers interest in Forex trading. With the launch of the State of the Market report in 2019, TradeForexSA set a new standard for unbiased broker comparison. It continues to develop data-driven tools to assist traders in their comparison and learning. The TradeForexSA team are journalists and write with journalistic integrity, the research and review process is free from commercial bias and conflict of interest.

Editorial contacts

Jeffrey Cammack
TradeForexSA Group
(+46) 70 039 93 94