By Kenn Omollo
Joon.co.ke an easy way to find a reputable broker
Welcome to Joon.co.ke. We are the most sought broker comparison site for Forex and Fixed Time Trades (FTTs) in Asia and Africa.
Our goal is to introduce you to the best online trading sites that are regulated, have a friendly interface, and have the most lucrative bonus offers for trading fans from Asia and Africa.
On our site you will find: -:
- Complete online trading reviews.
- Best trading strategies for your preferred trading platform.
- Guides to using technical analysis tools.
- Tutorial for using your preferred online broker
- And, general Forex education.
- 1 We’re giving out $1,500 in February.
* Up to $1500 for Grabs. Contest ends on 28th Feb 2021.
- Winner – PS5
- :1st Place – $500
- :2nd Place – $100
- :3rd Place – $100
- :4th Place – $100
- :5th Place – $100
- :6th Place – $100
- :7th Place – $100
- 2 Mashujaa 100% Deposit Bonus – Exclusive to Joon
* Risk Disclosure: Products offered by this website involve a significant risk to your invested capital.
- 1000+ Trading Instruments
- :0.6 Spreads as low as 0.6 pips
- :888:1 Leverage
- :Bonus up to $5,000
- :Licensed and Regulated
- :Globally Renowned
- 3 30% Welcome Bonus
* Risk Disclosure: Products offered by this website involve a significant risk to your invested capital.
- FREE Demo Account
- :Step-by step tutorials & articles
- :Tight spreads
- :Superfast trade execution
- :Hi-tech forex trading tools
We want to be your first point of contact for all questions about curated Forex content and fixed time trades trading. That is why you will not only find top lists of the best trading brokers on our site but also tips and tricks for the most popular online trading platforms, trading strategies, and videos for the same.
We will tell you which reputable brokers you can use their demo accounts, how to trade with real money to make real profits and which payment methods are particularly suitable for online trading.
New trading platforms 2020
In order to keep our offer as up to date as possible, we are always looking for new trading platforms. With us, you will not only find long-established providers, but also the best new online trading platforms for your country.
Not only free educational materials await you on these broker platforms, but also exciting bonuses, consistent promos and multiple ways to make money trading. Of course, we always make sure that they are reputable brokers and that that they are regulated for fair dealings. Because let’s face it. Not every new online trading platform for 2020 can convince us to have them here without meeting our standards. And that’s how it should be, after all, this is as much about your money as it is about our integrity.
So if you are looking for the best online trading platforms in 2020, you are guaranteed to find it here on Joon. Our offers are always up to date.
Top bonus offers for best online Trading Platforms
Online trading is fun when you can take advantage of lucrative bonus offers. And there are numerous different bonus types and offers that are suitable for different trading situations.
We, therefore, make sure to collect as many different bonuses as possible for you. Thanks to our good contacts, you can even find exclusive bonus offers that you won’t find anywhere else on the internet. Example the XM Forex 100% bonus exclusive to our website.
We are happy to inform you about the various options here. Are you looking for a deposit bonus of up to $,5000 or would you rather just trade without the bonuses?
We have something for every trader.
Best Demo Accounts for Trading
When you sign up for an online trading platform, you will get a demo account to facilitate your risk-free trading practice. Depending on the broker you choose, you can secure a demo account of between $1,000 and $100,000. Interestingly, when as a newbie you trade and drain your demo account, you can replenish it back to the original balance for free.
We have compiled the best trading accounts with easy to work with demo accounts of 2020, both for African and Asian Traders. Additionally, some brokers will provide a 100% trading bonus when you make your first deposit within the first hour of registration.
Best Online Trading Deposit Bonus Offers 2020
With a deposit bonus, your credit is multiplied by the labeled percentage by your online broker platform. You can then use the bonus money as you wish, trade, make more money, and withdraw funds generated from your profits.
To make your selection easier, we have arranged the best deposit bonus offers according to the bonus percentage. Choose the bonus that suits you best. Do you want a high percentage or is a large bonus amount more important to you?
Deposit bonus with a 100% bonus for FTDs.
This bonus type is for first-time deposits and it is issued if you make your first deposit within the first hour of registration. Olymp Trade has it, Expert Option has it and all the other brokers in this list.
Deposit bonus offers with a minimal deposit
Of course, it is clear to us that not everyone is aiming for a huge bonus. Sometimes a smaller bonus is just better, especially if you only want to try out one provider once. For these cases, we have created a separate page with online trading bonuses with minimum deposits. So you can secure great bonus offers for little money. As little as $10.
The best no deposit trading bonus offers 2020
Is that still too much for you? Would you like to have a no deposit trading bonus? No problem! We have found the best free trading bonus offers 2020 for you.
With these offers you only have to follow our link, register in the online trading platform and you will receive your free no deposit trading bonus. Use these bonuses to learn how to trade on real market conditions without the risk of losing a coin. The best thing, you can withdraw the money you make off these bonuses.
Online Trading bonus promo codes
Some providers require you to enter a bonus code when making a deposit to receive the bonus. You can of course also find the best bonus offers with a promo code here.
Check back with us regularly to get the latest, exclusive bonus codes.
Broker regulations & licenses
Bonus offers and demo accounts are great, but they are practically worthless if you cannot trust the provider with your money.
We attach great importance to the security and seriousness of the brokers recommended by us. An important point in our test reports is therefore always the online trading licenses. Every broker needs to be regulated and licensed to have our attention.
Not every license is equally meaningful here. There are some regulators that we have to classify as unsafe because they do not control their licensees, or do so only insufficiently.
On the other hand, there are also really serious broker regulators who take their tasks very seriously and can, therefore, guarantee the safest and fairest trading experience possible.
We particularly recommend brokers licensed by: –
- Malta Financial Services Authority (MFSA) in Malta.
- Finanstilsynet (FSA) in Denmark,
- Comissão do Mercado de Valores Mobiliários (CMVM) in Portugal
- Autorité des Marchés Financiers (AMF) in France
- Comisión Nacional de Mercado de Valores (CNMV) in Spain
- Financial Market Authority (FMA) in Austria
- Bundesanstalt fürFinanzdienstleistungsaufsicht (BaFin) in Germany
- Swiss Financial Market Supervisory Authority (FINMA) in Switzerland
- Financial Conduct Authority (FCA). UK.
- National Futures Association (NFA) USA
- Commodity Futures Trading Commission (CFTC) USA
- Australian Securities & Investments Commission (ASIC) Australia
- Financial Sector Conduct Authority (FSCA) South Africa
- Capital Markets Authority (CMA) Kenya
The best payment methods for online Trading
If you want to trade with real money, you obviously need a secure method to deposit and withdraw money online.
Any online broker who is self-respecting makes it as easy as possible for traders to deposit money by offering various convenient and secure payment methods. If you prefer a certain payment method, there is guaranteed to find a top Forex or FTT broker that accepts it.
There is hardly a Forex or options broker where you cannot deposit with your MasterCard or Visa credit card. Credit cards are simple and offer good protection against misuse when making online payments. With a reputable Forex broker, your credit card information is also completely secure.
E-wallets are specially designed for online payments and are a perfect way to send, receive, and manage money online. The only thing you need for an e-wallet account is an email address.
Providers such as Neteller and Skrill are accepted by almost every trading platform. In contrast, the PayPal deposit method has unfortunately become very rare in trading. Nevertheless, if you still have credit in your e-wallet account and want to use it for trading, then you can definitely find a suitable broker on Joon Online.
Mobile payment apps
More and more African Traders (specifically in East Africa) prefer to trade on their cell phones. Mobile payment options such as Mpesa, are of course particularly useful because you don’t have to search for your credit card or your own bank information when you want to make a deposit.
Instant Banking was specially developed for online payments. In principle, this is an online bank transfer, but without any waiting times.
You don’t need a new user account or a new card and you don’t even have to remember an additional password. The only thing you need for instant banking is an online bank account with a participating bank.
In Indonesia, for example, you can use Baulang Internet Banking Method to fund your trading account in Asia.
Safe and reputable online broker
Before we recommend a broker, it will be thoroughly tested by us. This ensures that we only recommend an absolutely safe and reputable trading platform for you. Your safety is always our top priority. After all, the selection of a fair broker must not be something to gamble with.
We put every Broker through a test. Only if they can convince us in all points in the security test will we consider them at all. We immediately sort out dubious providers that we cannot trust.
So every real money broker platform must have these things:
- They must warn clients of the risks involved in trading.
- Display their prices.
- Act honestly towards customers.
- They asses future client’s knowledge and risk before doing business with them (recommendation by MiFID II).
- They comply with Know Your Customer (KYC) and Anti-money laundering (AML) procedures.
You can think that these points are self-evident, but unfortunately, we repeatedly come across brokers in our research who are not sure about it. Of course, these black sheep have no chance of a place in our top list.
About Joon Online
Who We Are
Joon Online is an information platform for investment opportunities found on the internet. We offer our readers well-researched posts around the general personal finance topic.
But blogging about Trading isn’t our only Specialty; we also cover other personal finance topics too.
Interesting topics like: –
- How to make money online – We point our readers to some of the best and paying Freelance Opportunities online
- How to get quick loans – we use our platform to point our visitors to the direction of the most legit and affordable lenders around.
Other times though, we write about startups in budgeting, banking, insurance, mortgages, estate planning, retirement planning, and tax planning.
And we love doing it.
Joon was founded on June 1st, 2018 by Kenn Omollo.
A marketer who spent 7 years building a career in the finance industry — only to lose hope on full-time employment after being declared redundant a second time.
Kenn and his team have since made a viable business out of this blog by giving free small business consultancy services and reviewing broker platforms.
We test broker platforms with a strong presence in Asia and Africa, write reviews, and write informative pages in order to share our wealth of experience with others.
Coordinating all of this is a full-time task, which is handled by the Joon Online Mall team.
As always, we strive to create the best online trading platforms comparison portal that has never been seen anywhere in Asia and Africa.
My hope is that you will like our rebranded site, our offers and that you will discover the best Forex and Options brokers with us. Grab exclusive bonus offers and enjoy the most exciting online trading experience.
Top Brokers That Accept Mpesa.
Happy trading. Kenn.