Free Trading Tools for SA Traders

Generate Pine Script indicators, Python bots, analyse charts. GPT-4 paid tier ($20/month ~R370) gives better code quality.

Anthropic’s AI. Excellent for code, especially Pine Script v5 and Python. Free tier has limits but generous. Pro plan $20/month.

Industry-standard charting platform. Free tier: 3 indicators per chart, 1 active alert, Strategy Tester full access. Pine Editor included.

Built-in charting on Deriv platform. Smartcharts engine. Synthetic indices including V75 available here (not on TradingView).

Drag-and-drop bot builder. No coding required. Connects directly to Deriv account. Supports V75 and other synthetics. See our tutorial →

For Expert Advisors (EAs) written in MQL5. Strategy Tester built in. Best for serious algorithmic trading. Install guide →

Official Python SDK for Deriv. Build custom bots with full control. WebSocket-based real-time data. Tutorial →

Code editor. Free, lightweight, perfect for Python bot development. Install Python extension and you’re set.

Interactive Python environment. Excellent for strategy backtesting, data analysis, plotting equity curves. Use via Anaconda or Google Colab (cloud).

FSCA-authorised (FSP 50885). $10,000 demo account free, instant. Min real deposit $10 (~R185). Synthetic indices, forex, CFDs. Full review →

Mobile UX excellent. NOT FSCA-authorised — offshore (FSC St Vincent). Min deposit $10. Manual trading only (no bots). Honest verdict →

Calculate mathematically optimal position sizing. Plug in win rate and reward:risk to get Kelly %. Use 1/4 Kelly for safety.

Calculate trade size based on account balance, risk %, and stop-loss distance. Built into MT5 or use myfxbook online.

Live exchange rate. Useful for understanding broker amounts in rand. Xe.com or Google search “USD to ZAR”.

Best free forex/trading school online. Start with their “Preschool” lessons if you’re absolute beginner.

Encyclopedia for financial terms. Whenever you see jargon, look it up here first.