We tested 20+ brokers & then selected the 10 best Forex brokers for South Africans that are regulated with FSCA, FCA, or CySEC.

Best Forex Brokers in South Africa of 2021

There are over 20+ Forex Brokers that accept South African traders. Most of these brokers claim to offer more or less the same features & trading environment.

 

145 ratings
Review
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70%-90% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • ✔️Used by more than 70,000 active traders
  • ✔️Minimum deposit from $5
  • ✔️ Various Promotions and bonuses offered 
170 ratings
Review
up to 100%
no Deposit Bonus
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70%-90% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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113 ratings
Review
No Commission Trading
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70%-90% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • ✔️ Negative balance protection
  • ✔️ Seamless and free deposit and withdrawal
  • ✔️ Low non-trading fees
151 ratings
Review
30% Deposit Bonus
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70%-90% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • ✔️ Low fees on Forex
  • ✔️ Account opening is fast and hassle free
  • ✔️ Variety of educational resources
200 ratings
Review
No Bonus
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70%-90% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • ✔️ Competitive Pricing
  • ✔️ CFDs on a wide range of market instruments
  • ✔️ Regulated by Top Tier Institutions
18 ratings
Review
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70%-90% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • ✔️ 10,000+ tradable assets
  • ✔️ Choose between 3 trading platforms
  • ✔️ Competitive spread pricing on raw account
18 ratings
Review
200% Deposit Bonus
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70%-90% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • ✔️ FSCA regulates its activities
  • ✔️ MT4 available on the site
  • ✔️ Various Promotions and bonuses offered 
18 ratings
Review
up to 100%
no Deposit Bonus
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70%-90% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • ✔️ Innovative brokerage
  • ✔️ 20+ years of history in business
  • ✔️ Varying cost options to match your trading style
18 ratings
Review
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70%-90% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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18 ratings
Review
up to 100%
no Deposit Bonus
Risk Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70%-90% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  • ✔️Low spread pricing
  • ✔️3 different platforms and flexible pricing
  • ✔️Free Forex demo available