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.
TickMill (2015)
Leverage: up to 1:500 *
Deposit: from 100 USD
Spreads:
AvaTrade (2007)
Leverage: up to 1:400 *
Deposit: from 100 USD
Spreads:
FXCM (1999)
Leverage: up to 1:400 *
Deposit: from 50 USD
Spreads:
FP Markets (2005)
Leverage: up to 1:500 *
Deposit: from 100 AUD
Spreads:
Vipro Markets (2015)
Leverage: up to 1:500 *
Deposit: from 100 USD
Spreads:
AAAFx (2007)
Leverage: up to 1:500 *
Deposit: from 10 USD
Spreads:
CMTrading (2012)
Leverage: up to 1:200
Deposit: from 250 USD
Spreads:
Markets.com (2008)
Leverage: up to 1:300 *
Deposit: from 100 USD
Spreads:
Think Markets (2010)
Leverage: up to 1:500 *
Deposit: from 5 USD
Spreads:
PrimeXBT (2018)
Leverage: up to 1:1000
Deposit: from 0.0001 BTC
Spreads:
Capex (2016)
Leverage: up to 1:300 *
Deposit: from 1000 USD
Spreads:
Oinvest (2018)
Leverage: up to 1:400
Deposit: from 250 USD
Spreads:
IronFX (2010)
Leverage: up to 1:2000
Deposit: from 100 USD
Spreads:
Veracity Markets (2020)
Leverage: up to 1:500
Deposit: from 250 USD
Spreads:
GT IO (2020)
Leverage: up to 1:1000
Deposit: from 5 USD
Spreads:
Trade Nation (2019)
Leverage: up to 1:200
Deposit: from 10 USD
Spreads:
VT Markets (2016)
Leverage: up to 1:500
Deposit: from 50 USD
Spreads:
BKFX (2017)
Leverage: up to 1:500
Deposit: from 5 USD
Spreads:
Fxview (2017)
Leverage: up to 1:1000 *
Deposit: from 50 USD
Spreads:
Libertex (1997)
Leverage: up to 1:1000 *
Deposit: from 10 USD
Spreads:
Scope Markets (2017)
Leverage: up to 1:1000
Deposit: from 50 USD
Spreads:
IFX Brokers (2017)
Leverage: up to 1:1000
Deposit: from 10 USD
Spreads:
FXGT (2019)
Leverage: up to 1:1000
Deposit: from 5 USD
Spreads:
Cabana Capitals (2017)
Leverage: up to 1:500
Deposit: from 10 USD
Spreads:
DBG Markets (2007)
Leverage: up to 1:500
Deposit: from 100 USD
Spreads:
Doto (2019)
Leverage: up to 1:500 *
Deposit: from 15 USD
Spreads:
Tibiglobe (2018)
Leverage: up to 1:500
Deposit: from 50 USD
Spreads:
Headway (2021)
Leverage: up to 1:1000
Deposit: from 1 USD
Spreads:
IUX (2016)
Leverage: up to 1:3000
Deposit: from 10 USD
Spreads:
Raze Markets (2023)
Leverage: up to 1:500
Deposit: from 10 USD
Spreads:
CPT Markets (2010)
Leverage: up to 1:1000
Deposit: from 20 USD
Spreads:
Moneta Markets (2016)
Leverage: up to 1:1000
Deposit: from 50 USD
Spreads:
GTCFX (2012)
Leverage: up to 1:2000
Deposit: from 10 USD
Spreads:
TradingPRO (2016)
Leverage: up to 1:2000
Deposit: from 1 USD
Spreads:
Cronika (2025)
Leverage: up to ---
Deposit: from 10 USD
Spreads:
BeeMarkets (2017)
Leverage: up to 1:1000
Deposit: from 10 USD
Spreads: