Best Brokers South Africa 2024
List with the best forex brokers for South Africa's clients in 2024, sorted by regulatory rating. Verify the regulatory ratings of each broker to find out how strongly a broker is regulated. Check out the popularity of each broker with other traders, based on their services and products offering. Comapre the minimum account deposit required and the maximum available leverage. Compare the available trading platforms (including the most popular MT4, MT5, cTrader) and which brokers are offering cent accounts (great for beginners or traders with low investments). Confirm which brokers allow scalping, their execution model (ECN, STP, MM) and the available asset classes (including FX, metals and cryptocurrencies).
| Broker | Submit Review | Regulatory rating | Popularity | Minimum deposit | Maximum leverage | Trading platforms | Cent accounts | Scalping allowed | Execution model | Asset classes | 8ffd8183-caab-48ee-90d0-09a5d8e9848f | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OQtima
|
Submit Review |
5.0
Excellent
|
3.5
Good
|
20 | 500 |
MT4
MT5
|
ECN/STP
|
ba76d21f-28bb-429f-b350-e86381427195 | https://my.oqtima.com/links/go/125 | oqtima.eu | |||
Axi
|
Submit Review |
5.0
Excellent
|
4.0
Good
|
0 | 500 |
MT4
WebTrader
|
STP
|
631d8016-33fe-45f2-a782-60e8e8fefd79 | https://www.axi.com/?promocode=817857 | axi.com | |||
Eightcap
|
Submit Review |
5.0
Excellent
|
3.0
Average
|
100 | 500 |
MT4
MT5
WebTrader
|
MM
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
8c0d0e18-bc2e-46c1-bf22-d6bbc8b219c8 | https://join.eightcap.com/visit/?bta=36849&nci=5523 | |||
FXGT.com
|
Submit Review |
5.0
Excellent
|
4.2
Good
|
5 | 1000 |
MT4
MT5
WebTrader
|
MM
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
1e6c31af-6092-4e14-89f0-b7983fc5c159 | https://fxgt.com/?refid=24240 | |||
FxPro
|
Submit Review |
5.0
Excellent
|
4.5
Excellent
|
100 | 200 |
MT4
WebTrader
cTrader
MT5
Proprietary
|
NDD
|
1f50564c-03d6-4ba7-bdf9-1c2e80da494f | https://www.fxpro.com/?ib=IBX01575 | ||||
HFM
|
Submit Review |
5.0
Excellent
|
5.0
Excellent
|
0 | 2000 |
MT4
MT5
WebTrader
|
MM
|
645c36d5-3600-4e26-bb5e-9e170733c627 | https://www.hfm.com/sv/en/?refid=13943 | ||||
IC Markets
|
Submit Review |
5.0
Excellent
|
5.0
Excellent
|
200 | 500 |
MT4
MT5
WebTrader
cTrader
|
ECN
ECN/STP
STP
|
56cb2df4-b82a-41c3-b55b-64d69ff41400 | https://icmarkets.com/?camp=1780 | ||||
Pepperstone
|
Submit Review |
5.0
Excellent
|
4.0
Good
|
200 | 200 |
cTrader
MT4
MT5
|
ECN/STP
NDD
|
c2f4708d-3450-41b5-8914-c298d764adde | http://trk.pepperstonepartners.com/aff_c?offer_id=139&aff_id=14328 | pepperstone.com trk.pepperstonepartners.com | |||
ThinkMarkets
|
Submit Review |
5.0
Excellent
|
4.0
Good
|
0 | 2000 |
MT4
MT5
Proprietary
|
MM
NDD
|
37e8fc7c-e991-48cf-b59e-f2ca8388c720 | http://welcome-partners.thinkmarkets.com/afs/come.php?id=4944&cid=4926&ctgid=1001&atype=1 | thinkmarkets.com welcome-partners.thinkmarkets.com | |||
Tickmill
|
Submit Review |
5.0
Excellent
|
5.0
Excellent
|
100 | 1000 |
MT4
MT5
WebTrader
|
STP
STP DMA
NDD
|
94a91f0b-eadc-4e3b-bd99-0a337b5934ee | https://tickmill.com?utm_campaign=ib_link&utm_content=IB42043247&utm_medium=Tickmill&utm_source=link&lp=https%3A%2F%2Ftickmill.com%2F | tickmill.com tickmill.co.uk tickmill.eu tickmill.tech tickmill.net | |||
Traders Trust
|
Submit Review |
5.0
Excellent
|
2.5
Average
|
50 | 3000 |
MT4
WebTrader
|
NDD/STP
ECN
STP
NDD
|
Forex
Indices
Oil/Energies
Cryptocurrencies
Metals
|
ab498d51-631a-44b0-83d0-1e1cb2b6e6f1 | https://traders-trust.com/?a_aid=1127624_123 | |||
XM (xm.com)
|
Submit Review |
5.0
Excellent
|
4.8
Excellent
|
5 | 1000 |
MT4
MT5
WebTrader
|
MM
|
Futures
Forex
Indices
Oil/Energies
Metals
Soft Commodities (coffee, sugar...)
|
5ede9ef8-816d-4fda-8037-bcb5091ec1b6 | https://www.xm.com/gw.php?gid=222661 | xmglobal.com xm.com/au | ||
Exness
|
Submit Review |
3.0
Average
|
3.0
Average
|
1 | 0 |
MT4
MT5
WebTrader
|
MM
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
b21ab265-ddf4-4815-b38e-094ac60aa111 | https://one.exness.link/a/uku889th | one.exness.link exness.com | ||
IC Trading
|
Submit Review |
2.0
Below Average
|
3.9
Good
|
200 | 500 |
MT4
MT5
cTrader
WebTrader
|
ECN
ECN/STP
STP
|
bcd6bbee-e1cb-4c9e-846a-b07288e0e530 | https://www.ictrading.com?camp=74653 | ||||
Titan FX
|
Submit Review |
2.0
Below Average
|
2.8
Average
|
200 | 500 |
MT4
MT5
WebTrader
|
ECN
STP
|
Forex
Indices
Oil/Energies
Metals
Soft Commodities (coffee, sugar...)
|
c92d11d7-f2a9-4afd-9bd2-f5bc69020a3c | https://partners.titanfx.com/registration/ref?cp=7T6NEWQ3YL325 | titanfx.com | ||
ActivTrades
|
Submit Review |
5.0
Excellent
|
2.9
Average
|
250 | 0 |
MT4
MT5
|
|
Forex
Shares
Indices
Oil/Energies
Metals
Soft Commodities (coffee, sugar...)
|
5519c5ee-1e59-410b-851d-d1807bda3173 | https://www.activtrades.com | |||
|
|
Submit Review |
5.0
Excellent
|
2.0
Below Average
|
0 | 0 |
MT4
|
|
030f6f8a-c6f7-42a1-91f2-76ec53591615 | http://www.alchemymarkets.com | ||||
|
|
Submit Review |
5.0
Excellent
|
1.0
Poor
|
50 | 0 |
MT4
MT5
|
|
Forex
Shares
Indices
Oil/Energies
Metals
Soft Commodities (coffee, sugar...)
|
9e4d1545-c846-4b6a-ab68-e3b9cea25eb7 | http://www.amanacapital.com | |||
AvaTrade
|
Submit Review |
5.0
Excellent
|
3.0
Average
|
100 | 400 |
MT4
MT5
|
MM
|
fcd5c1b2-53b7-4a27-acfa-e8237cb8e845 | http://www.avatrade.com/?tag=razor | ||||
BlackBull Markets
|
Submit Review |
5.0
Excellent
|
2.9
Average
|
200 | 0 |
MT4
MT5
WebTrader
|
|
Forex
Indices
Oil/Energies
Cryptocurrencies
Metals
|
101a41dc-804f-4de2-92bf-733c8cf48084 | https://blackbull.com/en/ | |||
Capex
|
Submit Review |
5.0
Excellent
|
3.0
Average
|
100 | 0 |
MT5
WebTrader
|
|
6c89582b-4fdb-4f5d-8b98-114d3d856b28 | https://capex.com | za.capex.com | |||
|
|
Submit Review |
5.0
Excellent
|
1.0
Poor
|
1 | 0 |
MT4
|
|
9c636965-ba5f-4f31-b4f5-e712ce884880 | https://corespreads.com | ||||
CPT Markets
|
Submit Review |
5.0
Excellent
|
2.4
Below Average
|
0 | 0 |
MT4
|
|
Forex
Shares
Indices
Oil/Energies
Metals
Soft Commodities (coffee, sugar...)
|
7b01faca-5c2b-42e4-b968-a338a7c971e2 | https://www.cptmarkets.co.uk | |||
Doto
|
Submit Review |
5.0
Excellent
|
2.1
Below Average
|
15 | 500 |
MT4
MT5
Proprietary
|
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
32ee0d84-2847-4ae0-b7cb-3465b1a90cc2 | https://doto.com/ | |||
Errante
|
Submit Review |
5.0
Excellent
|
3.6
Good
|
50 | 500 |
cTrader
MT4
MT5
|
MM
|
548059b2-8917-47fd-895c-1927ba4af5c0 | https://myportal.errante.com/links/go/1043 | myportal.errante.com | |||
|
|
Submit Review |
5.0
Excellent
|
1.8
Below Average
|
250 | 0 |
MT4
|
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
8162b1cb-1af3-4be3-8efd-f87a275cd1a2 | https://excentral.com/ | |||
FBS
|
Submit Review |
5.0
Excellent
|
3.0
Average
|
1 | 3000 |
MT4
MT5
Proprietary
|
NDD/STP
|
83f8ec59-da02-48b4-9fa3-830c5bc1b135 | https://fbs.partners?ibl=794494&ibp=33121722 | fbs.com | |||
FXCM
|
Submit Review |
5.0
Excellent
|
2.9
Average
|
0 |
MT4
Proprietary
|
|
0d21e0f5-e5a4-42ca-9039-2bec78819773 | https://www.fxcm.com/uk/?ib=Clear_Markets_Ltd | |||||
FXDD Trading
|
Submit Review |
5.0
Excellent
|
4.0
Good
|
0 | 500 |
MT4
MT5
WebTrader
|
MM
ECN/STP
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
2623bc25-866b-4320-a832-e9dfd9d670bb | http://global.fxdd.com/en/index.html?ibrokerCode=clearbm | global.fxdd.com | ||
|
|
Submit Review |
5.0
Excellent
|
1.3
Poor
|
200 | 0 |
|
|
4c247cc6-d2ee-4d8a-9b8d-1ab2289c303c | http://www.fxgm.com | ||||
FXTM (Forextime)
|
Submit Review |
5.0
Excellent
|
3.0
Average
|
10 | 2000 |
MT4
WebTrader
MT5
|
MM
ECN
|
Forex
Shares
Indices
Oil/Energies
Metals
Soft Commodities (coffee, sugar...)
|
61ca7104-6bbb-4f48-9056-f55e01788379 | https://www.forextime.com/?partner_id=4900292 | |||
GO Markets
|
Submit Review |
5.0
Excellent
|
2.7
Average
|
200 | 500 |
cTrader
MT4
MT5
WebTrader
|
ECN/STP
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
c80f57ab-d20a-4311-b743-c639602bbe1d | https://www.gomarkets.com/en/?Pcode=1100048 | gomarkets.eu int.gomarkets.com gomarkets.com/au | ||
HYCM
|
Submit Review |
5.0
Excellent
|
2.3
Below Average
|
100 | 0 |
MT4
MT5
|
|
Forex
Shares
Indices
Cryptocurrencies
Metals
Soft Commodities (coffee, sugar...)
|
5f9a3eee-8582-4f33-b1a5-fe274305a2c0 | https://www.hycm.com | |||
INFINOX
|
Submit Review |
5.0
Excellent
|
2.7
Average
|
1 | 1000 |
MT4
MT5
WebTrader
|
STP
ECN
|
Forex
Indices
Oil/Energies
Cryptocurrencies
Metals
Soft Commodities (coffee, sugar...)
|
728b5262-ec9c-4019-8559-947f0d789ccc | https://www.infinox.com/fsc/creative_id=0k6m3v2g&affid=7964 | |||
JustMarkets
|
Submit Review |
5.0
Excellent
|
3.0
Average
|
1 | 0 |
MT4
MT5
|
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
1f9464dc-f102-4ba4-b25d-eab3465d783c | https://justmarkets.com | |||
Markets.com
|
Submit Review |
5.0
Excellent
|
2.9
Average
|
100 | 200 |
MT4
WebTrader
|
MM
|
Forex
Indices
|
368c2b2f-ef1c-4910-8d5b-f28f5e003a6e | https://markets.com | |||
One Financial Markets
|
Submit Review |
5.0
Excellent
|
2.3
Below Average
|
250 | 0 |
MT4
MT5
|
|
234a6e44-8f8f-4061-9f29-812ca857e031 | https://onefinancialmarkets.com | ||||
Orbex
|
Submit Review |
5.0
Excellent
|
2.7
Average
|
200 | 500 |
MT4
|
NDD
|
Forex
Shares
Indices
Oil/Energies
Metals
|
06703444-24a7-41b5-98f9-63b19d602757 | http://www.orbex.com/?ref_id=1000141 | |||
Plus500
|
Submit Review |
5.0
Excellent
|
2.0
Below Average
|
100 | 300 |
Proprietary
|
MM
|
Forex
Shares
Oil/Energies
Cryptocurrencies
Metals
Soft Commodities (coffee, sugar...)
|
105482d0-6b5e-4bf2-8680-9405ae2c6646 | https://www.plus500.com | |||
SwissQuote
|
Submit Review |
5.0
Excellent
|
3.0
Average
|
0 | 0 |
MT4
MT5
|
|
209ffb5f-4c01-4fb8-828d-2907b6c5aa26 | http://www.swissquote.ch | ||||
Trade.com
|
Submit Review |
5.0
Excellent
|
2.7
Average
|
100 | 0 |
MT4
WebTrader
|
|
8d68652b-45ea-473b-abf9-8dace4c7e994 | https://www.trade.com | ||||
Ultima Markets
|
Submit Review |
5.0
Excellent
|
1.7
Below Average
|
|
|
|
2d67caeb-787a-45a7-8654-7caf0cb05ece | https://www.ultima-markets.com/ | |||||
Velocity Trade
|
Submit Review |
5.0
Excellent
|
2.3
Below Average
|
0 | 0 |
|
|
Forex
Indices
Oil/Energies
Metals
Soft Commodities (coffee, sugar...)
|
67f3fcdd-051c-4a4a-b905-1c5220ac3d73 | https://velocitytrade.com | |||
Windsor Brokers
|
Submit Review |
5.0
Excellent
|
2.7
Average
|
100 | 500 |
MT4
WebTrader
|
MM
|
Forex
Indices
Oil/Energies
Metals
|
9632e42e-ba7a-490e-9d02-cf6520ad38ab | https://en.windsorbrokers.com/?pt=20315 | en.windsorbrokers.com | ||
XTB
|
Submit Review |
5.0
Excellent
|
3.0
Average
|
1 | 0 |
MT4
|
|
293183b6-0a18-4c56-ac78-bb0a41ece0d8 | https://xtb.com | ||||
ZFX
|
Submit Review |
5.0
Excellent
|
2.9
Average
|
50 | 0 |
MT4
|
|
Forex
Shares
Indices
Oil/Energies
Metals
Soft Commodities (coffee, sugar...)
|
7671fb3a-f944-41be-b9b1-dfc5c2c08f8e | https://www.zfx.com | |||
Fusion Markets
|
Submit Review |
4.0
Good
|
2.9
Average
|
1 | 0 |
MT4
MT5
WebTrader
|
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
2720da43-5e71-4088-9888-b130256e844e | https://fusionmarkets.com | |||
GoDo CM
|
Submit Review |
4.0
Good
|
2.0
Below Average
|
10 | 0 |
MT4
MT5
Proprietary
|
|
Forex
Shares
Indices
Oil/Energies
Metals
|
1fae1160-d424-4aa5-8b3b-e23c19a49565 | https://www.godocm.com | |||
|
|
Submit Review |
4.0
Good
|
1.9
Below Average
|
|
|
|
42a132c8-c328-4ffe-8de2-e73ae2fba177 | https://www.oneproglobal.com/ | |||||
|
|
Submit Review |
4.0
Good
|
1.6
Below Average
|
|
|
|
019396d1-7bfc-476c-8c55-49890d49c985 | http://phillipcapitaldifc.ae/ | |||||
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