All Share (J203) = 87 916
Rand / Dollar = 18.17
Rand / Pound = 23.51
Rand / Euro = 19.84
Gold (usd/oz) = 2 983.40
Platinum (usd/oz) = 1 008.60
Brent (usd/barrel) = 70.58
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

10 Best Cashu Forex Brokers

CashU Forex Brokers use CashU which is an online payment service which was established in 2002. In recent years, CashU has grown to become one of the largest online payment service in in Dubai, Egypt, and Jordan.

Choose your quick section of our best CashU Forex Brokers below.

Our 10 Best Handpicked CashU Forex Brokers Revealed:

CashU has 75,000 vendors and 7,000 online merchants, allowing Customers to top up their account via vendors, online payments, or gift cards. Here is an overview of the 10 Best CashU Forex Brokers and Trading Platforms which offers CashU.

 

A review about Trading 212
 

Trading 212

 

Trading 212 are an online broker which was founded in 2006 and offers Stocks trading, Forex trading, Commodities trading, and Indices trading.  Trading 212 are a global broker and has a head office situated in UK.  Trading 212 is Regulated by the Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) and is used by over 14,000,000 traders.

 

Pros and Cons

Pros Cons
Strict Regulation No US clients
Segregated Client Funds Limited leverage for non-professional clients
Financial Services Compensation Scheme No MT4/MT5
Commission Free Trading  
Intuitive trading platform  
Low Minimum Deposit  

 

Trading 212 are the UK’s number one trading and investment app with over 14,000,000 downloads, thus a large userbase but is not available in the following countries: US

 

Trading Benefits

Trading Benefits Accounts offered Funding methods
Allows hedging Invest account PayPal
Offers STP ISA account Skrill
Low min deposit CFD account Visa
Guaranteed stop loss Demo account
Offers Negative Balance Protection

 

Trading 212 offers an outstanding, highly responsive customer service team available 24 hours a day across a variety of platforms and in 16 different languages.

 

A review of UFX
 

UFX

 

UFX is a forex and CFD trading broker which is regulated by CySECUFX offers over 484 different instruments to trade, including over 49 currency pairs on the MetaTrader4 (MT4) or proprietary MassInsights platforms.

 

Pros and Cons

Pros Cons
Segregates client funds Doesn’t allow scalping
Established in 2007 Inactivity Fee
Regulated by CySEC Not FCA Regulated
Min. deposit from $500

 

To open a live trading account, traders will need a minimum deposit of at least $500.  Traders access to major markets like currencies, indices, commodities and shares.

 

Trading Benefits

Trading Features Accounts offered Funding methods
Allows hedging Demo account Credit cards
Offers STP Micro account Bank Transfer
Offers Negative Balance Protection Mini account Payoneer
Standard account Neteller
Islamic account American Express
Credit cards

 

Multilingual Customer support is available by email, phone, or live chat.

 

A review about CM Trading
 

CMTrading

 

CMTrading is a South Africa-based forex & CFD broker which is regulated by the South African Financial Sector Conduct Authority (FSCA) under the official business name Blackstone Marketing SA (PTY) LTD. Underlying assets available for trading includes a selection of close to 50 forex pairs, a selection of major equity indices, shares of more than 50 US-based companies, as well as commodity and crypto CFDs.

 

Pros and Cons

Pros Cons
Segregated Client Funds Limited Range of Instruments
Low Minimum Deposit

 

All assets can be traded via either the well-known MetaTrader5 (MT5) platform or the Sirix WebTrader.

 

Trading Benefits

Trading Features Accounts Offered Funding Methods
Allows scalping Demo account Credit cards
Allows hedging Micro account Bank Transfer
Offers STP Mini account Neteller
Low min deposit Standard account
Managed account
Islamic account

 

Customer support is available via email, live chat, phone, and WhatsApp as well as local phone numbers for Canada, Malaysia, the UK, China, France, Mexico, Brazil, Saudi Arabia, Bahrain, and Russia.

 

A review of Nord FX
 

NordFX

 

NordFX is a forex broker located in the Republic of Vanuatu, regulated by the Vanuatu Financial Services Commission (VFSC)NordFX offers Forex trading with specific accounts for each type of trader, including Zero accounts which offers spreads from 0 pips.

 

Pros and Cons

Pros Cons
Strict Regulations Limited Trading Assets
Investment Fund No Social Trading
PAMM No US Clients
Discounted VPS  

 

Trading instruments on offer ranges from more than 30 currency pairs, the popular precious metals gold & silver, 11 major cryptocurrency pairs, plus CFDs based on Brent oil and stock indices such as Dow Jones 30, S&P 500, DAX 30, NASDAQ 100, and NIKKEI 225.

 

Trading Benefits

Trading Features Accounts Offered Funding Types
Leverage up to 1:10000 FIX Wire Transfer
Minimum $10 Deposit PRO Credit/Debit
Zero Neteller
FasaPay

 

NordFX offers customer support via Email, Telephone and a 24/5 Live Chat function plus an Online Contact Form available on their website.

 

A review about FBS
 

FBS

 

FBS is a Forex and CFD broker which is authorised and regulated by the International Financial Services Commission (IFSC) of Belize and the Cyprus Securities and Exchange Commission (CySEC).

 

Pros and Cons

Pros Cons
Negative Balance Protection Limited Tradable assets
Excellent Regulation Limited Trading Platforms
Available in Multiple Countries
Award Winning Service

 

FBS offers users the option to trade on Forex, Indices, Stocks, Metals and Energies across the MetaTrader4, MetaTrader5 and FBS Trader trading platforms .

 

Trading Benefits

Trading Features Accounts Offered Funding Methods
Copy Trading Cent Wire Transfer
Rapid Order Execution Micro Credit/Debit
Standard Neteller
Zero Spread Bitwallet
ECN Perfect Money

 

Customer Support is available 24/7 via a Call-back service, online Live Chat, Telegram, Viber and Facebook Messenger.

 

A review about EasyMarkets
 

EasyMarkets

 

EasyMarkets is one of the most popular choices for Beginners and is regulated by CySEC (Cyprus) and ASIC (Australia) and offers beginner forex traders:

  • Enhanced risk management tools as standard
  • Fixed spreads on all forex pairings
  • An easy-to-use forex trading platform

 

Pros and Cons

Pros Cons
Segregates client funds Doesn’t offer VPS
Established in 2003 Limited range of instruments
Regulated by CySEC and ASIC Not FCA Regulated
Min. deposit from $1  

 

 The available trading platforms offered are MT4 and the EasyMarkets web platform.

 

Trading Benefits

Trading Features Accounts offered Funding methods
Allows scalping Demo account Credit cards
Allows hedging Micro account Bank Transfer
Low min deposit Mini account Payoneer
Guaranteed stop loss Standard account Neteller
Offers Negative Balance Protection Islamic account

 

 Customer Support is available 24/5 via  various chat channels, email, phone and web forms.

 

A review of HotForex
 

HotForex

 

HotForex was established in 2007 is well regulated by FCA, CySEC, DFSA, FSCA and SFSA.

 

Pros and Cons

Pros Cons
Segregates client funds Limited range of instruments
Established in 2010 Not FCA Regulated
Regulated by CySEC
Min. deposit from $1

 

The HotForex MT5 terminal offers 21 different timeframes, superior analysis tools, trading across HotForex asset classes, close to 100 simultaneous charts, hedging and one-click trading and 80+ technical indicators plus an in-built economic calendar.  The account can be accessed from anywhere using an iPhone, interactive charts for 9 timeframes, advanced trading functions, one-click trading, 24 analytical objects, and 30 technical indicators.

 

Trading Benefits

Trading Features Accounts offered Funding methods
Allows scalping Micro account Credit cards
Allows hedging Mini account Bank Transfer
Offers STP Standard account Neteller
Low min deposit Zero spread account
Offers Negative Balance Protection Islamic account

 

Customer support is available via phone and email.

 

A review of XM
 

XM Group

 

XM Group (XM) is a group of regulated online brokers regulated by the Cyprus Securities and Exchange Commission.

 

Pros and Cons

Pros Cons
Low stock CFD and withdrawal fees Limited product portfolio
Easy and fast account opening Average forex and stock index CFD fees
Great educational tools No investor protection for non-EU clients

 

XM offers traders more than 1000 financial instruments to trade on both the MT4 and MT5 platforms, including Forex Trading, Stocks CFDs, Commodities CFDs, Equity Indices CFDs, Precious Metals CFDs and Energies CFDsForex trading is available on over 55 pairs, including the major USD, GBP, EUR and JPY pairs.  Traders must take note that XM does not offer binary options or futures.

Trading Benefits

Trading Features Accounts Offered Funding Methods
Negative Balance Protection Micro Wire Transfer
Low Spreads Standard Credit/Debit
Low Commission XM Zero Neteller
Hedging Allowed UnionPay
Scalping Allowed WebMoney
Qiwi

 

Customer Service is available via live chat, Phone and email support.

 

A review about IQ Option
 

IQ Option

 

IQ Option is a broker developed under the IQ Option Europe company which was founded in 2013. IQ Option contains a CySEC license Cyprus Securities and Exchange Commission from Cyprus, with permission to provide its financial services within the European Economic Area zone, with several licenses from other EU local jurisdictions. IQ Option offers its clients services in binary options, stocks and shares, currencies, and ETF trading.

 

Pros and Cons

Pros Cons
Regulated by the Cyprus Securities and Exchange Commission (CySEC) Does not provide MT4 and MT5 trading platforms
Easy and convenient method of opening an account Not available for traders in the US, Canada, Australia, Japan, and other countries
Wide range of trading instruments on offer  
No deposit and withdrawal fees  

 

IQ Option provides clients with a proprietary platform which is also used for CFDs and for binary options tradingTraders can also install the mobile trading app which is provided free of charge. The mobile trading app has been designed specifically for use on smartphones and mobile devices and allows traders to check their account status, keep updated with all the developments in the market as well as to execute trades.

 

Trading Benefits

Trading Features Accounts Offered Funding Methods
Low min. deposit Standard Alipay
Low Spreads VIP Credit Card
Regulated by CySec Demo MoneyGram
Perfect Money
QIWI
Skrill
Wire Transfer

 

The IQ Options trading platform and website are available to traders in thirteen different languages and allows traders to choose the currency to trade with. The selections of currencies are: GBP, RUB, EUR, IDR, USD, MUR, and Yuan. Customer service is available via email, live chat or the telephone.

 

A review of RoboForex
 

Roboforex

 

Roboforex are an online, global broker which was founded in 2009 and offers traders Forex and CFDs trading.  RoboForex is authorized and regulated by the International Financial Services Commission (IFSC) with license number IFSC/60/271/TS.

 

Pros and Cons

Pros Cons
Segregates client funds Limited range of instruments
Established in 2009 Not FCA Regulated
Regulated by IFSC Belize
Min. deposit from $10

 

When starting off with Roboforex traders will need to make a minimum deposit of $1 and there is an option available for a demo account for those who would like to get acquainted with the platform.  Roboforex can accommodate various levels of traders, from experienced to beginner, and they can trade a wide variety of instruments and currency pairs.  Roboforex offers over 100 instruments and over 35 currency pairs in total.   Roboforex offers traders both of the MetaTrader platforms; MT4 and MT5 plus the cTrader platform developed for traders.   Roboforex also offer mobile apps for Android and iOS.

 

Trading Benefits

Trading Benefits Accounts Offered Funding Methods
Allows scalping Micro Credit cards
Allows hedging Mini Bank Transfer
Offers STP Standard Payoneer
Low min deposit Zero Neteller
ECN
STP
Islamic

 

Customer support is available via phone, Webchat, WeChat, Skype, Viber, Telegram, Facebook chat, WhatsApp, email and a call-back request.

 

Conclusion

 

CashU is well-known, highly trusted Payment options accepted by major brands and a large selection of countries.  Investors who are considering this payment method can do so with confidence.

 

FAQs

 

What is CashU?

CashU is a legitimate, trusted and well-known digital wallet option.

 

How quick are CashU payment processed?

CashU payment speeds will be dependent on the Broker chosen by the investor.

 

Does CashU accept all Brokers?

No.  CashU mainly has a known presence in most MENA countries.

 

Does CashU offer any form of Customer Service?

Yes. However, it is very limited.  Options such as Live Chat is not made available.

 

Is CashU safe to use?

Yes.  CashU considers fraud and money laundering prevention essential to its business.

 

Does CashU require any feeds to be paid?

Yes. Fees include a $1 wallet maintenance fee, a $1.50 local transfer fee, plus 3% in crypto buying/selling fees.

 

Which cards do CashU accept online?

CashU accepts Mastercard and Visa for online payments and deposits.

 

 

 

Rate this post

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

May 17, 2021

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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