Best Brokers South Africa 2023

List with the best forex brokers for South Africa's clients in 2023, sorted by regulatory rating.  Verify the regulatory ratings of each broker to find out how strongly a broker is regulated. Check out the popularity of each broker with other traders, based on their services and products offering. Comapre the minimum account deposit required and the maximum available leverage. Compare the available trading platforms (including the most popular MT4, MT5, cTrader) and which brokers are offering cent accounts (great for beginners or traders with low investments). Confirm which brokers allow scalping, their execution model (ECN, STP, MM) and the available asset classes (including FX, metals and cryptocurrencies).

Broker Regulatory rating Popularity Minimum deposit Maximum leverage Trading platforms Cent accounts Scalping allowed Execution model Asset classes 123e1f8f-437f-4640-9bfe-2adb9a02ab82
Eightcap
5.0 Excellent
4.4 Good
100 500
MT4 MT5 WebTrader
MM
Forex Shares Indices Oil/Energies Cryptocurrencies Metals
7cdab111-78f4-4bf7-9a48-0cbf9120ad3f
Errante
5.0 Excellent
3.6 Good
50 500
cTrader MT4 MT5
MM
Forex Shares Indices Oil/Energies Cryptocurrencies Metals +1 More
f38cca67-e237-4de8-9f0f-342565815c00
FxPro
5.0 Excellent
4.5 Excellent
100 200
MT4 WebTrader cTrader MT5 Proprietary
NDD
Futures Forex Shares Indices Oil/Energies Cryptocurrencies +3 More
55eedaaa-c5ed-4ed5-9ecf-03f4e317c799
GO Markets
5.0 Excellent
3.9 Good
200 500
MT4 MT5 WebTrader
ECN/STP
Forex Shares Indices Oil/Energies Cryptocurrencies Metals
0771329e-6871-44fe-9ef7-d195a5435296
IC Markets
5.0 Excellent
5.0 Excellent
200 500
MT4 MT5 WebTrader cTrader
ECN ECN/STP STP
Futures Forex Shares Indices Bonds Oil/Energies +3 More
7ffa7f74-7c30-4f1a-b135-97375be51dae
INFINOX
5.0 Excellent
4.4 Good
1 1000
MT4 MT5 WebTrader
STP ECN
Forex Indices Oil/Energies Cryptocurrencies Metals Soft Commodities (coffee, sugar...)
88372c12-a0dd-4fff-a4eb-7309d7b20761
M4Markets
5.0 Excellent
4.1 Good
5 1000
MT4 MT5
MM STP
Forex Shares Indices Oil/Energies Cryptocurrencies Metals
bab8c35b-1c42-406a-b265-fc3a979b9811
Pepperstone
5.0 Excellent
4.0 Good
200 200
cTrader MT4 MT5
ECN/STP NDD
Forex Shares Indices Oil/Energies Cryptocurrencies Metals +2 More
2bce6f71-8d37-4ae4-a43f-8247894ecd3c
Tickmill
5.0 Excellent
4.7 Excellent
100 500
MT4 MT5 WebTrader
STP STP DMA NDD
Futures Forex Shares Indices Bonds Oil/Energies +2 More
9c9ad80a-563e-4171-a13d-e3673c09337f
XM (xm.com)
5.0 Excellent
4.8 Excellent
5 1000
MT4 MT5 WebTrader
MM
Futures Forex Indices Oil/Energies Metals Soft Commodities (coffee, sugar...)
e8cd8a96-5e27-444a-a1be-e32291938242
VT Markets
4.0 Good
4.3 Good
100 500
MT4 MT5 WebTrader
STP NDD ECN
Forex Shares Indices Bonds Oil/Energies Metals +2 More
b9b0388d-4f60-4c80-aa4b-0e144343c7df
Titan FX
2.0 Below Average
4.2 Good
200 500
MT4 MT5 WebTrader
ECN STP
Forex Indices Oil/Energies Metals Soft Commodities (coffee, sugar...)
9fed69a6-c8fe-4911-b9d8-04c81267d975
ActivTrades
5.0 Excellent
4.4 Good
250 0
MT4 MT5
Forex Shares Indices Oil/Energies Metals Soft Commodities (coffee, sugar...)
f75a1353-341d-486c-9a92-8bbc60df60a5
Alchemy Markets
5.0 Excellent
2.2 Below Average
0 0
MT4
Forex Shares Indices Bonds Oil/Energies Cryptocurrencies +2 More
4a7f7343-14f2-4d38-8173-8fb2b20d02d4
Amana Capital
5.0 Excellent
2.0 Below Average
50 0
MT4 MT5
Forex Shares Indices Oil/Energies Metals Soft Commodities (coffee, sugar...)
d645e815-3b47-49a9-a4d5-1b0ee11af42a
AvaTrade
5.0 Excellent
4.4 Good
100 400
MT4 MT5
MM
Futures Forex Shares Indices Bonds Oil/Energies +4 More
13da2332-7b42-457d-9d3f-1dc161778c70
Axi
5.0 Excellent
4.0 Good
0 500
MT4 WebTrader
STP
Futures Forex Shares Indices Oil/Energies Cryptocurrencies +3 More
6550ae1c-b463-4ca4-bd0d-443a9150eb10
Capex
5.0 Excellent
4.2 Good
100 0
MT5 WebTrader
Forex Shares Indices Bonds Oil/Energies Cryptocurrencies +2 More
7f1e7458-ddc8-47fa-89c1-c1ea07952151
Core Spreads
5.0 Excellent
2.7 Average
1 0
MT4
Forex Shares Indices Bonds Oil/Energies Cryptocurrencies +2 More
368684d5-c0ee-4b6b-83a6-7223957a5d38
CPT Markets
5.0 Excellent
3.5 Good
0 0
MT4
Forex Shares Indices Oil/Energies Metals Soft Commodities (coffee, sugar...)
ca0d9a87-70ff-4288-8f36-8d7e38c74644
Doto
5.0 Excellent
2.5 Average
1ac8a896-978f-440b-beff-8abc35441380
eXcentral
5.0 Excellent
1.9 Below Average
250 0
MT4
Forex Shares Indices Oil/Energies Cryptocurrencies Metals
f23c0752-35c6-446b-9db5-dedee700ed9e
FBS
5.0 Excellent
4.5 Excellent
1 0
MT4 MT5
Forex Shares Indices Oil/Energies Cryptocurrencies Metals +1 More
ee58d2b0-e6ef-449a-b2fd-69141935f168
Finexo
5.0 Excellent
1.0 Poor
100 0
MT4 WebTrader
Forex Shares Indices Bonds Oil/Energies Cryptocurrencies +2 More
82fd71d3-825c-44bd-9c99-5f097f491c43
FXDD Trading
5.0 Excellent
4.0 Good
0 500
MT4 MT5 WebTrader
MM ECN/STP
Forex Shares Indices Oil/Energies Cryptocurrencies Metals
3d58bc6c-0967-48c1-a623-9c5d6e34b82b
FXGM
5.0 Excellent
2.0 Below Average
200 0
Forex Shares Indices Oil/Energies Cryptocurrencies Metals +1 More
c5f29afc-9409-485e-addc-30f4dc3c776a
FXTM (Forextime)
5.0 Excellent
4.5 Excellent
10 2000
MT4 WebTrader MT5
MM ECN
Forex Shares Indices Oil/Energies Metals Soft Commodities (coffee, sugar...)
b3e78928-f5f6-4bb1-a230-71a59e598504
HYCM
5.0 Excellent
3.2 Average
100 0
MT4 MT5
Forex Shares Indices Cryptocurrencies Metals Soft Commodities (coffee, sugar...)
929d7e16-01b4-4093-8aa1-f99c8b94a7ba
IG (ig.com)
5.0 Excellent
4.5 Excellent
250 50
MT4
MM
Forex
32ff728f-d1cf-4f0d-8aa7-d0db23eef073
Investous
5.0 Excellent
2.1 Below Average
250 0
MT4 WebTrader
Forex Shares Indices Oil/Energies Cryptocurrencies Metals +1 More
f1996493-115d-4814-a7a3-4b65e324ed69
Markets.com
5.0 Excellent
4.3 Good
100 200
MT4 WebTrader
MM
Forex Indices
1ec1ccb7-049f-4dce-8eb6-3243619ed151
One Financial Markets
5.0 Excellent
3.0 Average
250 0
MT4 MT5
Forex Shares Indices Oil/Energies Cryptocurrencies Metals +1 More
8acd7856-d1d2-4669-8f25-cede00de6da6
Orbex
5.0 Excellent
4.0 Good
200 500
MT4
NDD
Forex Shares Indices Oil/Energies Metals
ad6bad68-28e8-4c7b-a4a4-c80152632329
Plus500
5.0 Excellent
2.0 Below Average
100 300
Proprietary
MM
Forex Shares Oil/Energies Cryptocurrencies Metals Soft Commodities (coffee, sugar...)
166fea2e-4caa-49b7-974a-aa38e789cc85
RoboForex
5.0 Excellent
4.7 Excellent
0 1000
MT4 MT5 WebTrader cTrader Proprietary
ECN MM STP
Forex Shares Indices Oil/Energies Cryptocurrencies Metals +1 More
6a15b546-c4ab-46af-bfa3-3a83e9df7916
SwissQuote
5.0 Excellent
4.5 Excellent
0 0
MT4 MT5
Forex Shares Indices Bonds Oil/Energies Cryptocurrencies +2 More
8913b7c0-1a99-495d-a6fc-32bd736ae206
ThinkMarkets
5.0 Excellent
4.0 Good
0 0
MT4 MT5 Proprietary
MM NDD
Futures Forex Shares Indices Oil/Energies Cryptocurrencies +4 More
708d6bcc-5f46-4af8-9b5a-c7a087b73a60
Trade
5.0 Excellent
4.1 Good
100 0
MT4 WebTrader
Forex Shares Indices Bonds Oil/Energies Metals +1 More
4f1ccfbe-35bf-418b-9a6f-243ae3d15bba
Trade ATF
5.0 Excellent
2.7 Average
250 0
MT4
Forex Shares Indices Oil/Energies Cryptocurrencies Metals +1 More
05fe1a9e-6e77-44a5-b06e-f0b88454b86d
Tradeo
5.0 Excellent
2.3 Below Average
200 0
MT4 WebTrader
Forex Shares Indices Oil/Energies Cryptocurrencies Metals +1 More
88fbda63-524b-4f7b-ac24-63a4700e8f21
Velocity Trade
5.0 Excellent
2.8 Average
0 0
Forex Indices Oil/Energies Metals Soft Commodities (coffee, sugar...)
b53b20ae-f98d-4c75-bad1-13ede5ac442c
Windsor Brokers
5.0 Excellent
4.3 Good
100 500
MT4 WebTrader
MM
Forex Indices Oil/Energies Metals
6813cc33-c08e-4d56-b8c3-1e028a2009b7
XTB
5.0 Excellent
4.5 Excellent
1 0
MT4
Forex Shares Indices Bonds Oil/Energies Cryptocurrencies +2 More
c470d69f-79cf-4743-9fb6-4fd26af733a2
Global Prime
4.0 Good
4.0 Good
200 100
MT4
ECN
Forex Shares Indices Bonds Oil/Energies Metals
e249f0e5-72f8-4af0-8c96-a70ab0a101d2
Onepro
4.0 Good
2.6 Average
4471b041-66c8-44f3-b708-751d71b4b837
Phillip Capital
4.0 Good
1.2 Poor
a0d5de36-7a11-4555-8b70-f43b527fbf9c
Xtrade
4.0 Good
4.4 Good
250 0
WebTrader
Forex Shares Indices Bonds Oil/Energies Cryptocurrencies +2 More
f3b1d108-9c9a-4634-82d8-dc227b2a544a
Capital Index
3.0 Average
3.0 Average
100 0
MT4
Forex Indices Oil/Energies Metals
f4febfb9-aa9a-4d43-947f-4d78da086f0e
CM Trading
3.0 Average
4.2 Good
250 0
MT4
Forex Shares Indices Oil/Energies Cryptocurrencies Metals +1 More
b60aadca-8434-4034-b7f7-5c76b74ca222
Evest
3.0 Average
4.3 Good
250 0
MT5 WebTrader
Forex Shares Indices Oil/Energies Cryptocurrencies Metals +1 More
d2c92a13-ed27-45c2-b0b2-dd68607445b3
HTML Comment Box is loading comments...