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Forex Brokers in South Africa | FSCA regulation

As one of the most developed nations in Africa, South Africa is a regional hotspot for forex brokers, with a large number of brokers registered in the country. South Africa also has a growing and very active forex trader community.

Since 2018, forex brokers in South Africa have been overseen by the Financial Sector Conduct Authority (FSCA), but it is known that some brokers also operate in the country without oversight. We recommend you only trade with fully regulated forex brokers in South Africa.

South African forex brokers face relatively few limitations from the financial regulators. This means that leverage and other trading conditions can vary greatly between different forex brokers in the country.

HotForex HotForex (2007) Leverage: up to 1:1000 * Deposit: from 5 USD Spreads:  low  low Location: UK Cyprus UAE South Africa Saint Vincent and the Grenadines Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Bonds Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay WebMoney Bitcoin Bitсoin Cash AvaTrade AvaTrade (2007) Leverage: up to 1:400 * Deposit: from 100 USD Spreads:  mid  mid Location: Australia Ireland South Africa Japan British Virgin Islands Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 Specific Wire Transfer Credit Cards Skrill Neteller WebMoney FXCM FXCM (1999) Leverage: up to 1:400 * Deposit: from 50 USD Spreads:  mid  mid Location: Australia UK Germany France Italy South Africa Bermuda Instruments: Currencies Crypto Indices Metals Energies Softs Bonds Platforms: Web MetaTrader 4 Ninja Trader Specific Wire Transfer Credit Cards Skrill Neteller UnionPay Bpay FXTM FXTM (2011) Leverage: up to 1:1000 * Deposit: from 5 USD Spreads:  mid  mid Location: UK Cyprus South Africa Mauritius Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay WebMoney Perfect Money Yandex Money Qiwi Bitcoin Ethereum Liteсoin Dash DusuPay DixiPay CashU CMTrading CMTrading (2012) Leverage: up to 1:200 Deposit: from 250 USD Spreads:  mid  mid Location: South Africa Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 Specific Social Platform Wire Transfer Credit Cards Neteller FasaPay UnionPay CashU Markets.com Markets.com (2008) Leverage: up to 1:300 * Deposit: from 100 USD Spreads:  mid  mid Location: Australia Cyprus South Africa Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web Specific Wire Transfer Credit Cards PayPal Skrill Neteller iDeal Sofort Giropay
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