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.

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HFM HFM (2007) Leverage: up to 1:2000 * 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 FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller PayRedeem FasaPay UnionPay WebMoney Bitcoin Bitсoin Cash TickMill TickMill (2015) Leverage: up to 1:500 * Deposit: from 100 USD Spreads:  low  low Location: UK Cyprus South Africa Malaysia Seychelles Instruments: Currencies Indices Metals Energies Bonds Platforms: Web MetaTrader 4 FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay Qiwi Sofort PaySafeCard SticPay DotPay AvaTrade AvaTrade (2007) Leverage: up to 1:400 * Deposit: from 100 USD Spreads:  low  low Location: Australia Ireland Poland South Africa UAE Japan British Virgin Islands Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards PayPal Skrill Neteller FasaPay UnionPay Perfect Money iDeal Giropay AstroPay SafetyPay Klarna Przelewy24 ZotaPay 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 Platforms: Web MetaTrader 4 TradingView NinjaTrader Specific FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller UnionPay Google Pay Bpay POLi Klarna Vipro Markets Vipro Markets (2015) Leverage: up to 1:500 * Deposit: from 100 USD Spreads:  low  low Location: UK Cyprus South Africa Malaysia Seychelles Instruments: Currencies Indices Metals Energies Bonds Platforms: Web MetaTrader 4 FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay Qiwi Sofort PaySafeCard SticPay DotPay AAAFx AAAFx (2007) Leverage: up to 1:500 * Deposit: from 10 USD Spreads:  low  low Location: Greece South Africa Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards Skrill Neteller UnionPay Qiwi iDeal Sofort Bitcoin Ethereum Tether Giropay AstroPay Przelewy24 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 UK Cyprus South Africa British Virgin Islands Instruments: Currencies Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards PayPal Skrill Neteller iDeal Sofort Giropay Think Markets Think Markets (2010) Leverage: up to 1:500 * Deposit: from 5 USD Spreads:  low  low Location: Australia New Zealand UK Cyprus South Africa UAE Japan Cayman Islands Mauritius Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific FIX API (protocol) Wire Transfer Credit Cards PayPal Skrill Neteller BitPay Bpay POLi Capex Capex (2016) Leverage: up to 1:300 * Deposit: from 1000 USD Spreads:  mid  mid Location: Cyprus South Africa Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Bonds ETFs Platforms: Web MetaTrader 5 Specific Social Platform Wire Transfer Credit Cards Skrill Neteller Trustly SafeCharge Oinvest Oinvest (2018) Leverage: up to 1:400 Deposit: from 250 USD Spreads:  mid  mid Location: South Africa Seychelles Instruments: Currencies Crypto Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 Wire Transfer Credit Cards Skrill Neteller IronFX IronFX (2010) Leverage: up to 1:1000 Deposit: from 100 USD Spreads:  mid  mid Location: Australia UK South Africa Bermuda Instruments: Currencies Indices Metals Energies Softs Stocks Platforms: Web MetaTrader 4 Wire Transfer Credit Cards Skrill Neteller FasaPay UnionPay DotPay Veracity Markets Veracity Markets (2020) Leverage: up to 1:500 Deposit: from 250 USD Spreads:  mid  mid Location: South Africa Instruments: Currencies Indices Metals Energies Platforms: MetaTrader 4 Wire Transfer Skrill Neteller Bitcoin GT IO GT IO (2020) Leverage: up to 1:1000 Deposit: from 5 USD Spreads:  mid  mid Location: South Africa Seychelles Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller Bitcoin Ethereum Tether SticPay Trade Nation Trade Nation (2019) Leverage: up to 1:200 Deposit: from 10 USD Spreads:  low  low Location: Australia UK South Africa Bahamas Instruments: Currencies Indices Metals Energies Stocks Bonds Platforms: Web MetaTrader 4 Specific Wire Transfer Credit Cards Skrill BKFX BKFX (2017) Leverage: up to 1:500 Deposit: from 5 USD Spreads:  mid  mid Location: South Africa Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 Skrill Neteller SticPay Fxview Fxview (2017) Leverage: up to 1:500 * Deposit: from 50 USD Spreads:  low  low Location: Cyprus South Africa Mauritius Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Specific FIX API (protocol) Wire Transfer Credit Cards Skrill Neteller Bitcoin Ethereum Tether Giropay Klarna Przelewy24 Libertex Libertex (1997) Leverage: up to 1:1000 * Deposit: from 10 USD Spreads:  mid  mid Location: Cyprus South Africa Saint Vincent and the Grenadines Mauritius Instruments: Currencies Crypto Indices Metals Energies Softs Stocks ETFs Platforms: Web MetaTrader 4 MetaTrader 5 Specific Wire Transfer Credit Cards PayPal Skrill Neteller Trustly iDeal Sofort Giropay PaySafeCard Przelewy24 Scope Markets Scope Markets (2021) Leverage: up to 1:500 * Deposit: from 100 USD Spreads:  low  low Location: Cyprus South Africa Belize Instruments: Currencies Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller SafeCharge IFX Brokers IFX Brokers (2017) Leverage: up to 1:1000 Deposit: from 10 USD Spreads:  low  low Location: South Africa Instruments: Currencies Crypto Indices Metals Energies Platforms: MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller Bitcoin Ethereum Ripple Tether FXGT FXGT (2019) Leverage: up to 1:1000 Deposit: from 5 USD Spreads:  low  low Location: South Africa Seychelles Vanuatu Instruments: Currencies Crypto Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Neteller Bitcoin Ethereum Ripple Tether BitWallet SticPay Cabana Capitals Cabana Capitals (2017) Leverage: up to 1:500 Deposit: from 10 USD Spreads:  mid  mid Location: South Africa Saint Vincent and the Grenadines Instruments: Currencies Crypto Indices Metals Energies Platforms: MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill Neteller Perfect Money Bitcoin DBG Markets DBG Markets (2007) Leverage: up to 1:500 Deposit: from 100 USD Spreads:  low  low Location: Australia South Africa Seychelles Vanuatu Instruments: Currencies Indices Metals Energies Stocks Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Skrill UnionPay WebMoney Tether Doto Doto (2019) Leverage: up to 1:500 * Deposit: from 15 USD Spreads:  low  low Location: Cyprus South Africa Mauritius Instruments: Currencies Crypto Indices Metals Energies Platforms: Web MetaTrader 4 MetaTrader 5 Wire Transfer Credit Cards Tether Tibiglobe Tibiglobe (2018) Leverage: up to 1:500 Deposit: from 50 USD Spreads:  mid  mid Location: South Africa Instruments: Currencies Crypto Indices Metals Stocks Platforms: Web MetaTrader 5 Wire Transfer Credit Cards
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