It is our aim and mission to provide traders across Africa access to the best tools, technology, & data products to facilitate lucrative intra-African trade opportunities leveraging the African Continental Free Trade Area (AfCFTA).
AfricaX Trading Network is a peer-to-peer Electronic Trading Network (ETN) for Physical Commodities built by traders & for traders that provides members with real-time market price data feeds for grains, fresh produce, and many more commodities across various markets, as well as alternative data feeds & analyzed insights on overall market trends, news, as well as an order book with current buy/sell (bid & ask) orders available in the given market in real-time.
How to Trade with Us ?
The minimum starting capital to trade with is $10,000 USD or your local currency equivalent. We also accept deposits in stablecoins such as USDC. To get started email us at email@example.com and an Account Manager will reach out to get you started.
Please Note: All members of the network must be fully registered Limited Liability Corporations in the jurisdiction of a country that is an active member of the African Union.
As a Market Maker we charge on a maker and taker fee model to differentiate fees between trade orders that provide liquidity (maker orders) and take away liquidity (taker orders). Maker and taker trade orders are charged different fees there is also a base per trade commission cap to ensure transaction costs are kept at a minimum.
A trade order gets the maker fee if the trade order is not matched immediately against an order already on the order book, which adds liquidity. (Maker fees start at 2.00% and can go as low as 0.00%.)
A trade order gets the taker fee if the trade order is matched immediately against an order already on the order book, which removes liquidity. (Taker fees start at 2.00% and can go as low as 0.10%.)
You can use the Post Limit Order option to ensure that your limit order will be charged the maker fee or be cancelled. All market orders will execute immediately, and will be charged the taker fee. This includes conditional orders that convert to a market order, such as a stop loss order and a take profit order.