Can South African traders use the Nexus Forex EA?
Yes. South African traders can get the 100% Free Live Trading Licence for the complete Nexus EURUSD + GBPUSD package through an eligible funded Preferred Broker account, or request a free 60-day demo on one MT4 or MT5 demo account with no broker needed.
Is the Nexus 60-day demo really 100% free?
Yes. There is no Nexus software payment and no Preferred
Broker signup requirement for the 60-day demo.
How much does the Nexus Forex EA cost in South Africa?
The live trading licence is 100% free on an eligible funded Preferred Broker account verified by Nexus, and the 60-day demo is free with no broker needed. With your own broker, the Own Broker Licence is $49.95 a month (cancel any time), $134.85 a quarter (save 10%) or $499.95 one-time. Broker trading costs are separate.
Do I need AvaTrade or RoboForex to get the free demo?
No. The 60-day demo does not require AvaTrade, RoboForex,
Vantage or any other Nexus Preferred Broker. Those brokers
only become relevant if you later independently choose to
trade Nexus on a live account.
Is RoboForex still a Nexus broker option in South Africa?
RoboForex remains displayed as a Nexus Preferred Broker
live option where current South African onboarding,
account availability and Nexus referral eligibility permit.
Why is AvaTrade highlighted for South Africa?
AvaTrade is one of three Nexus Preferred Brokers and lists a South Africa-specific entity on its website. It appears first on this page for that reason, not because it suits every trader. Nexus may receive compensation from Preferred Brokers. Verify the entity and its regulatory status before you open or fund an account.
Does Nexus work on MT4 and MT5?
Yes. Nexus provides current supported builds for
MetaTrader 4 and MetaTrader 5.
What information do I need to request the free demo?
You provide your full name, email address, MT4 or MT5
platform selection and demo trading account number. Nexus
uses the account number to prepare the account-specific
software licence.
Does Nexus need my broker or MetaTrader password?
No. Nexus does not require your broker password, MetaTrader
master password, VPS password or banking credentials.
How quickly will I receive my free EA files?
Nexus normally prepares and emails the appropriate
account-specific MT4 or MT5 EA files, installation
instructions and setup guidance within approximately
8–24 hours.
What happens after the 60-day demo?
You can stop, go live with the 100% Free Live Trading Licence on an eligible funded Preferred Broker account, or keep another compatible broker with the Own Broker Licence from $49.95 a month or $499.95 one-time.
Is the Nexus live trading licence really 100% free?
Yes, where the live account is an eligible funded Nexus
Preferred Broker account and the Nexus referral
relationship can be verified. Broker deposits, spreads,
commissions, swaps and other trading costs remain separate.
Can I keep my existing South African broker?
Yes, if the broker and trading account are technically compatible with Nexus. The Own Broker Licence costs $49.95 a month (cancel any time), $134.85 a quarter or $499.95 one-time, and includes one live and one demo trading account licence.
Can I pay for Nexus in rand?
Own Broker Licence prices are in US dollars, and your bank converts the charge from rand at its own rate and may add a foreign transaction fee. The 100% Free Live Trading Licence and the 60-day demo cost nothing.
Does Nexus trade EURUSD and GBPUSD?
Yes. The Nexus package includes separate Expert Advisors
designed for EURUSD and GBPUSD.
Does the public Myfxbook account verify both pairs?
No. The current public Nexus Myfxbook account tracks the
EURUSD live strategy. It should not be interpreted as
independent live verification of GBPUSD performance.
Does Nexus have Conservative, Moderate and Aggressive trading modes?
No. Nexus does not have separate Conservative, Moderate or Aggressive trading modes. Exposure is mainly set by your lot size and the account-level risk decisions you make.
Should I test Nexus on demo first?
You can, and it is free. Use the 60-day period to confirm installation, understand the trading behaviour and review lot sizing. If you are already comfortable, you can go straight to the 100% Free Live Trading Licence.
Do I need a VPS in South Africa?
A VPS is recommended for automated trading because it can
keep MetaTrader and Nexus running independently of your
home computer and internet connection. The best server
location depends more on connectivity to your broker than
on being physically located in South Africa.
What time can I trade EURUSD in South Africa?
South Africa Standard Time (SAST) is UTC+2 all year. In winter (now, until March 2027) the London session runs roughly 10:00 to 19:00 SAST and the London and New York overlap is about 15:00 to 19:00 SAST. While UK and US summer time apply, the overlap is about 14:00 to 18:00 SAST. Brokers set their own schedules, so check yours.
Is forex EA trading regulated in South Africa?
In South Africa the Financial Sector Conduct Authority (FSCA) regulates providers of financial products and services, and forex and CFD brokers need to be authorised. Nexus is software and education only and is not a broker. Check the legal entity and its FSP number on the FSCA's website before you open a live account. Nexus cannot give legal or tax advice.
Can I fund a live account in rand?
That depends on the broker and the account. Some brokers offer ZAR accounts or ZAR deposit methods, while others convert your rand into US dollars or another currency. Check the cashier, the account currency, the conversion rate and any fees before you deposit. South African exchange control and tax rules can apply to money sent abroad, so ask your bank or a tax adviser.
Does Nexus guarantee profits?
No. Forex and CFD trading involves significant risk. Nexus does not guarantee profits or fixed returns. Past performance, live historical results
and backtests do not guarantee future results.
