GENERAL INFORMATION AND REGULATIONS
Established In 2009, BlackStone Futures South Africa Is A STP (straight-through Processing) Broker That Offers Users The Ability To Buy And Sell Forex And CFDs Via The Popular Metatrader4 Or Their Own Proprietary Trading Platform Called Cloudtrade. BlackStone Futures Is Located At 11 Cradock Avenue, Rosebank, Johannesburg, 2196, South Africa And Has An Additional Office At 30 Crown Place, London, Ec2a 4es, Uk. BlackStone Futures (pty) Ltd Is The Representative Company Of Trading Nation Financial (pty) Limited
Market Instruments
BlackStone Futures Offers A Choice Of 34 Currency Pairs, Including Trading Of Popular And Exotic Coins, Including USD/Rand, Stocks, A Range Of Stock Index Futures And Rolling Cash, Energy, Commodity Metals Such As Gold, Silver And Copper.
Minimum Deposit
BlackStone Futures Maintains Different Minimum Deposit Requirements For Each Account Type:
• ZAR Account - 1000 ZAR
• USD Account - $100
Leverage
Although There Are Other SA-regulated Brokers Such As Inst〇x That Allow Trading With Higher Leverage Of 1000:1, BlackStone Futures Remains One Of The Most Leveraged Brokers In South Africa With Leverage Of Up To 400:1.
Spreads And Commissions
BlackStone Futures Does Not Charge Any Fees For Daily Rolling Cash Contracts, And Spreads Are Below The Industry Average (from 0.6 Pips). In Addition, You Will Also Need To Consider The Overnight (margin) Fee For Holding Overnight Positions And The 1% Fixed Spread On South African Stocks.
Trading Platforms Available
Speaking Of Trading Platforms, BlackStone Futures Offers Its Users To Trade On Two Trading Platforms - Metatrader4 Or Its Proprietary Cloudtrade Platform. Both Platforms Have Their Strengths And Weaknesses, So It Is Difficult To Make A Choice. To Be Fair, While Mt4 Is Clearly A Better Choice For Mid-level And Experienced Investors, Cloudtrade Is More Suitable For Novice Investors. That Said, The Benefit Is That You Can Use Both Platforms To Get The Most Out Of Your Trading Experience.
Deposits And Withdrawals
BlackStone Futures Makes Things Fairly Simple In Terms Of The Payment Methods That Customers Can Use To Deposit And Withdraw Funds. South African Brokers Offer The Following Payment Methods:
• Ozow Secure Payment
• Bank Transfer
• EFT - Electronic Funds Transfer
• Credit And Debit Cards - Visa And MasterCard
• Skrill
• Nettler
Customer Support
First, BlackStone Futures Has Live Chat Support And Submission Of Ticket Forms. In Addition, BlackStone Futures Offers Phone Support, Email Support, Whatsapp Support, And An FAQ Section. BlackStone Futures Is Also Very Active On Social Media, With Accounts On YouTube, Twitter, Facebook, Instagram, And Telegram.
