Forex Brokers in South Africa
Financial Sector Conduct Authority (FSCA) have been supervised forex brokers in South Africa since 2018. In spite of being the most evolved countries in Africa, there are still many unregulated forex brokers in this region.
South Africa has become a dynamic forex broker network, with exponentially growing forex markets and traders. Since the loose limitation from FSCA, forex industries in South Africa has various trading conditions and leverage rules.
| Broker | Country |
|---|---|
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Exness 2008 |
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FXTM 2011 |
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FBS 2009 |
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Admirals 2001 |
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Tickmill 2014 |
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ThinkMarkets 2010 |
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XTB 2002 |
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FxPro 2006 |
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AvaTrade 2006 |
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Plus500 2008 |
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HF Markets 2010 |
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IronFX 2010 |
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OvalX 1965 |
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VT Markets 2015 |
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Libertex 1997 |
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FXPRIMUS 2009 |
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Weltrade 2006 |
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Tradeo 2012 |
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FXGM 2011 |
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CM Trading 2011 |
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One Financial Markets 2007 |
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Velocity Trade 1999 |
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INFINOX 2009 |
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Invest100 2018 |
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USGFX 2006 |
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Moneta Markets 2020 |
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Eurotrader 2015 |
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Colmex Pro 2009 |
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Evest 2021 |
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Markets.com 2006 |
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Trive 2022 |
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If you are interested to open an account in one of the brokers in the list above, make sure to try the forex demo account before proceeding to register in the live account.
FAQ
What is the best forex broker in South Africa?
Finding the best forex broker in South Africa is not much different from choosing the right broker in general. Aside from making sure that the forex broker is available for client registration from South Africa, you need to check its regulation, minimum deposit, spread, leverage, payment methods, and other trading-related aspects that may affect your strategy. Furthermore, make sure that the broker has a good credibility and reliable customer support.
Where can I trade forex in South Africa?
The list in this page can be a good reference if you look to trade with in South Africa. We have sorted specific forex brokers that accept clients from South Africa, so you can choose one of the brokers by comparing their minimum deposit, regulation, leverage, and rating. If you are interested to learn further about a certain broker, feel free to click the review button.
What is the best forex broker for beginners?
If you are a beginner and looking for the right broker to trade with in South Africa, some aspects that you need to pay attention to are the low minimum deposit, demo account, and educational features. Apart from that, it's also better to make sure that the broker has good customer service because as a beginner, you may need to consult about broker services that still seem incomprehensible to you.
