Broker
Minimum Deposit
Bonus
Leverage
MT4
MT5
ECN
Minimum Deposit
Review
200 GBP
1
Up to 1:500
$200 AUD
1
Up to 1:500
$200
$200 AUD
1
Up to 1:500
$500 AUD
100 EUR
1
Up to 1:600
$200 AUD
1
Up to 500:1
$100
1
Up to 1:400
$100
1
Up to 500:1
$100
1
Up to 400:1
$100
1
up to 1:500

What Are the Best Forex Brokers in South Africa?

Since the global COVID-19 pandemic, more South Africans have started to trade forex. In 2019 “Forex” searches in Google.co.za saw an all-time high.

South Africa Forex Popularity

Since COVID-19 South Africans have had an opportunity to work from home

 

According to research in South Africa,when traders choose which market to trade, they are looking for optimal trading conditions and the best chance of making a profit.

More and more South Africans are starting to trade forex especially post COVID 19.

Our professional team of full-time forex traders has compiled the best of the best forex brokers in South Africa.

This is the ONLY forex broker guide you need if you are a South African.

Foreign exchange or better known in its abbreviations Forex (or FX for short) is the marketplace for trading all the world’s currencies and is the largest financial market in the world.

Forex has become the fastest growing and most popular type of trading for people who trade for themselves for a host of reasons with the basis being:  optimal trading conditions and the best chance of making profits.

It is important to note that this list is not on a ranking basis but a comprehensive list of the BEST Forex Brokers and Trading Platforms in South Africa geared for persons trading for themselves, especially beginner Forex traders.

We leave it to you to make our decision based on their pros and cons. Let’s get started…

Here is a list of the best Forex brokers in South Africa.

 

 

  • How Do I Start Trading in Gold Today?

    Sign up to a broker that offers Commodities trading (specifically Gold), set up your online trading account and select the financial product you wish to trade.

  • What’s the Minimum Account Investment Needed to Trade Gold?

    You can start trading Gold with as little as $100 USD, via CFD products offered by many brokers.

    When trading Gold, minimum account requirements can vary from country to country and between brokers.