If you’re a South African trader looking to trade with a union, you’re in luck. Not all brokers are alike. Read on to discover which ones are in the best position to support their members. Here are some options:
Tradersunion
Tradersunionis a leading broker in South Africa and is a member of the IFSC (Institute of Financial Co-operation and Security). As a member of IFSC, you are entitled to free market research. IG offers various research materials, including in-depth market news, videos, special event webinars, and trading ideas. They are updated regularly, and their content is of high quality.The best brokers in South Africa have customer support representatives who are not available all the time.
IG offers a large range of products, ranging from commodities to indices. IG stocks cover most of the world’s stock markets, allowing you to speculate on price direction and profit from rising and falling markets. IG allows traders to trade on margin, which gives them the power to control a large position with a small initial deposit. The process also amplifies your losses and gains.
IG Group has a large South African presence, with offices in Johannesburg. They are kept relatively quiet outside of South Africa, which is probably the result of the fact that they do not want to make their presence known. While their services are excellent, they do not want their competitors to know about them, and so keep their presence low-key. So if you want to trade on the IG platform, consider a free trial!
As one of the largest brokerages in South Africa, Tradersunionis a great option if you’re new to forex trading. As a member of the traders union, Admirals’ support team is second to none. The company’s staff are highly qualified, multilingual, and willing to help with any questions you might have about your account. Tradersunioncustomer service team is available on live chat, telephone, email, and web query.
The South African trading union, based in Cape Town, has approved Tradersunionas its official broker. Founded in 2000, Admirals offers clients the opportunity to trade in more than eighty different financial instruments, including futures and options. Its proprietary platform features MT4 and MT5 trading platforms, along with over 4,000 assets, enabling investors to diversify their portfolios and trade in a variety of markets.
Metal and Allied Workers Union
The Metal and Allied Workers Union in Namibia is the second largest industrial union in the country. Established on 24 May 1987, it is comprised of 90% skilled, semi-skilled, and laborer workers. In its entirety, the union represents over 13 000 workers in mining, construction, and related industries. If you are new to trading, or are unsure about which account type is right for you, there are three ways to contact the support team at FusionMarkets.
The union has a membership of approximately 13 000, and approximately 0.9% of the members are women. In recent years, the Metal and Allied Workers Union has been a major source of political protests.
Remarks
The union was born in Pietermaritzburg, South Africa, in 1973. Its members worked in industries ranging from rubber to electrical equipment. Its initial goals included achieving one union for the metal and electrical industries. However, as the union gained in popularity, it faced increasing resistance from employers and unions alike. In order to overcome this barrier, it began negotiations with other unions. In the following years, it reorganized as the Metal and Electrical Workers Union of South Africa.
