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
|
f38cca67-e237-4de8-9f0f-342565815c00 | |||
FxPro
|
5.0
Excellent
|
4.5
Excellent
|
100 | 200 |
MT4
WebTrader
cTrader
MT5
Proprietary
|
NDD
|
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
|
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
|
2bce6f71-8d37-4ae4-a43f-8247894ecd3c | |||
Tickmill
|
5.0
Excellent
|
4.7
Excellent
|
100 | 500 |
MT4
MT5
WebTrader
|
STP
STP DMA
NDD
|
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
|
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 | ||
|
|
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 | ||
|
|
5.0
Excellent
|
2.2
Below Average
|
0 | 0 |
MT4
|
|
4a7f7343-14f2-4d38-8173-8fb2b20d02d4 | |||
|
|
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
|
13da2332-7b42-457d-9d3f-1dc161778c70 | |||
Axi
|
5.0
Excellent
|
4.0
Good
|
0 | 500 |
MT4
WebTrader
|
STP
|
6550ae1c-b463-4ca4-bd0d-443a9150eb10 | |||
|
|
5.0
Excellent
|
4.2
Good
|
100 | 0 |
MT5
WebTrader
|
|
7f1e7458-ddc8-47fa-89c1-c1ea07952151 | |||
|
|
5.0
Excellent
|
2.7
Average
|
1 | 0 |
MT4
|
|
368684d5-c0ee-4b6b-83a6-7223957a5d38 | |||
|
|
5.0
Excellent
|
3.5
Good
|
0 | 0 |
MT4
|
|
Forex
Shares
Indices
Oil/Energies
Metals
Soft Commodities (coffee, sugar...)
|
ca0d9a87-70ff-4288-8f36-8d7e38c74644 | ||
|
|
5.0
Excellent
|
2.5
Average
|
|
|
|
1ac8a896-978f-440b-beff-8abc35441380 | ||||
|
|
5.0
Excellent
|
1.9
Below Average
|
250 | 0 |
MT4
|
|
Forex
Shares
Indices
Oil/Energies
Cryptocurrencies
Metals
|
f23c0752-35c6-446b-9db5-dedee700ed9e | ||
|
|
5.0
Excellent
|
4.5
Excellent
|
1 | 0 |
MT4
MT5
|
|
ee58d2b0-e6ef-449a-b2fd-69141935f168 | |||
|
|
5.0
Excellent
|
1.0
Poor
|
100 | 0 |
MT4
WebTrader
|
|
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 | ||
|
|
5.0
Excellent
|
2.0
Below Average
|
200 | 0 |
|
|
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 | ||
|
|
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 | ||
|
|
5.0
Excellent
|
2.1
Below Average
|
250 | 0 |
MT4
WebTrader
|
|
f1996493-115d-4814-a7a3-4b65e324ed69 | |||
|
|
5.0
Excellent
|
4.3
Good
|
100 | 200 |
MT4
WebTrader
|
MM
|
Forex
Indices
|
1ec1ccb7-049f-4dce-8eb6-3243619ed151 | ||
|
|
5.0
Excellent
|
3.0
Average
|
250 | 0 |
MT4
MT5
|
|
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 | ||
|
|
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
|
6a15b546-c4ab-46af-bfa3-3a83e9df7916 | |||
|
|
5.0
Excellent
|
4.5
Excellent
|
0 | 0 |
MT4
MT5
|
|
8913b7c0-1a99-495d-a6fc-32bd736ae206 | |||
ThinkMarkets
|
5.0
Excellent
|
4.0
Good
|
0 | 0 |
MT4
MT5
Proprietary
|
MM
NDD
|
708d6bcc-5f46-4af8-9b5a-c7a087b73a60 | |||
|
|
5.0
Excellent
|
4.1
Good
|
100 | 0 |
MT4
WebTrader
|
|
4f1ccfbe-35bf-418b-9a6f-243ae3d15bba | |||
|
|
5.0
Excellent
|
2.7
Average
|
250 | 0 |
MT4
|
|
05fe1a9e-6e77-44a5-b06e-f0b88454b86d | |||
|
|
5.0
Excellent
|
2.3
Below Average
|
200 | 0 |
MT4
WebTrader
|
|
88fbda63-524b-4f7b-ac24-63a4700e8f21 | |||
|
|
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
|
|
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 | ||
|
|
4.0
Good
|
2.6
Average
|
|
|
|
4471b041-66c8-44f3-b708-751d71b4b837 | ||||
|
|
4.0
Good
|
1.2
Poor
|
|
|
|
a0d5de36-7a11-4555-8b70-f43b527fbf9c | ||||
|
|
4.0
Good
|
4.4
Good
|
250 | 0 |
WebTrader
|
|
f3b1d108-9c9a-4634-82d8-dc227b2a544a | |||
|
|
3.0
Average
|
3.0
Average
|
100 | 0 |
MT4
|
|
Forex
Indices
Oil/Energies
Metals
|
f4febfb9-aa9a-4d43-947f-4d78da086f0e | ||
|
|
3.0
Average
|
4.2
Good
|
250 | 0 |
MT4
|
|
b60aadca-8434-4034-b7f7-5c76b74ca222 | |||
|
|
3.0
Average
|
4.3
Good
|
250 | 0 |
MT5
WebTrader
|
|
d2c92a13-ed27-45c2-b0b2-dd68607445b3 | |||
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