Lowest cost per trade
Round turn, USD: 1 USD
104 brokers measured81 pricedmedian 7.0 USDformula v1.0Data captured 02.11.2026
Recalculated 2026-11-02 · 104 Brokers · 270 Accounts
Broker data for South Africa: licences, costs and who onboards you
The best broker in South Africa by our data is OctaFX (4.26/5): round turn 9 USD, minimum deposit 25 USD, licensed locally. We measure 104 brokers and 270 accounts on price, rules, payouts, ratings and track record.
The base
In this ranking
104
Accounts
270
Rankings
19
Medians
Round turn, USD
7.0 USD
81 of 104
Min deposit, USD
50.0 USD
49 of 104
Max leverage
1:500
72 of 104
Coverage
Local licence
56
of 104
Ranked on all axes
70
of 104
Compare all 104 brokers and 270 accounts
104 of 104 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| # | Broker | Score | Round turn, USD | Min deposit, USD | Max leverage | Withdrawal, h | Platforms | Accepts ZA residents |
|---|---|---|---|---|---|---|---|---|
| 1 |  CFICFI Financial (Pty) Ltd… | 4.48 | not priced | 0 | 1:500 | 24 | MT4MT5cTrader. | Yes |
| 2 |  FinvasiaSouth Africa served via… | 4.38 | 4 | 50group | 1:1000group | no data | MT4MT5 | Yes |
| 3 |  OctaFXOrinoco Capital Pty Ltd | 4.26 | 9 | 25 | 1:1000 | 3 | MT4MT5OctaTrader | Yes |
| 4 |  ExnessExness ZA (PTY) Ltd | 4.16 | 7 | no data | no data | 24 | MetaTrader 4MetaTrader 5iOS | Yes |
| 5 |  Capital.comSouth African clients are now… | 4.14 | 6 | 20 | 1:30group | 24 | mobile appplus MT4MT5 | Yes |
| 6 |  FP MarketsSouth African clients are… | 4.10 | 6.5 | 100 | 1:500 | 72 | MT4MT5cTrader | Yes |
| 7 |  HFMSA clients served under LOCAL… | 4.10 | 6 | 0group | 1:2000 | 24 | MT4MT5HFM app. | Yes |
| 8 |  ExinityExinity Limited | 3.97 | 4 | no data | no data | 24 | MT4 | Yes |
| 9 |  ACY SecuritiesACY Securities SA (Pty) Ltd… | 3.95 | 6 | 50group | 1:500group | 24 | MT4MT5 | Yes |
| 10 |  FXGTSouth African clients are… | 3.94 | 6 | 10 | 1:5000 | 24 | MT4MT5app. | Yes |
| 11 |  AdmiralsSouth African clients served… | 3.92 | 6 | 25 | 1:500 | 24 | MT4MT5 | Yes |
| 12 |  MitradeMitrade Markets Pty Ltd | 3.86 | 8.5 | 20 | 1:200 | 24 | web; no MT4MT5. | Yes |
| 13 |  ThinkMarketsPty Ltd | 3.80 | 7 | 50 | 1:500 | 4 | MT4MT5TradingView. | Yes |
| 14 |  IG Markets SAIG Markets South Africa… | 3.80 | 7.5 | 50 | 1:30 | 72 | MT4ProRealTime | Yes |
| 15 |  TickmillTickmill South Africa (Pty)… | 3.79 | 6 | 100 | 1:1000 | 24 | MT4MT5. | Yes |
| 16 |  AvaTradeLocal Ava Capital Markets Pty… | 3.77 | 9 | 100 | 1:400 | 24 | MT4MT5WebTrader | Yes |
| 17 |  FXCMServed locally by Stratos… | 3.76 | 7 | 4 | 1:400 | 72 | MT4 | Yes |
| 18 |  CMTradingGCMT South Africa (Pty) Ltd… | 3.74 | 8 | 300 | 1:200 | 24 | MT4WebTradercopy-trading. | Yes |
| 19 |  STARTRADERSTARTRADER International Pty… | 3.71 | 4 | 50 | 1:1000 | 24 | MT4 | Yes |
| 20 | HeadwayHome base: Jarocel (Pty) Ltd… | 3.66 | 3 | 1 | no data | 0.5 | MT4MT5Headway App. | Yes |
| 21 |  JustMarketsJust Global Markets Pty Ltd | 3.64 | 3 | 10group | 1:3000 | 48 | — | Yes |
| 22 |  CAPEXJME Financial Services (Pty)… | 3.59 | 6.5 | 100 | 1:300 | 24 | — | Yes |
| 23 |  Grand CapitalGrand Capital Ltd | 3.56 | 5 | 10 | 1:500 | 0.25 | MT4MT5WebTrader. | Offshore entity |
| 24 |  Markets.comPty Ltd | 3.55 | 6 | 100 | 1:300 | 168 | WebTraderMT4MT5 | Yes |
| 25 |  Fusion MarketsSouth African retail clients… | 3.54 | 4.5 | 0 | 1:500 | 1 | MetaTrader 4MetaTrader 5cTrader | Offshore entity |
| 26 |  IG MarketsIG Markets South Africa Ltd | 3.54 | 13.6 | 50 | 1:20 | 72 | IG webappProRealTime | Yes |
| 27 |  IC MarketsSouth African clients are… | 3.52 | 7.5 | 200 | 1:500 | 24 | webmobile. | Offshore entity |
| 28 |  Land-FXLand Prime Ltd | 3.49 | 3.35 | 10 | 1:2000 | 1 | MT4MT5. | Offshore entity |
| 29 |  Forex.comGAIN Global Markets Inc | 3.44 | 7 | no data | 1:50 | no data | MT4MT5TradingView. | Offshore entity |
| 30 |  ActivTradesSouth African clients… | 3.39 | 4.2 | no data | 1:200 | 24 | ActivTraderMT4MT5 | Offshore entity |
| 31 |  Global PrimeGleneagle Securities Pty Ltd | 3.39 | 7 | no data | 1:500 | 2 | MT4MT5 | Offshore entity |
| 32 |  Moneta MarketsMoneta Markets Ltd | 3.36 | 7 | 50 | 1:1000 | 24 | MT4MT5 | Yes |
| 33 |  AMarketsAMarkets Ltd | 3.35 | 7 | no data | 1:3000 | 24 | MT4MT5AMarkets App. | Offshore entity |
| 34 |  Scope MarketsScope Markets SA (Pty) Ltd. | 3.33 | 9 | no data | no data | 48 | MT4MT5IRESS. | Yes |
| 35 |  Ultima MarketsUltima Markets (Pty) Ltd, an… | 3.33 | 5 | 50group | 1:2000 | 120 | MT4MT5. | Yes |
| 36 |  FxProFxPro Markets Direct Costa… | 3.31 | 7 | 100 | 1:200 | 3 | MT4MT5cTrader | Yes |
| 37 |  Trade NationSouth African clients are… | 3.30 | 5 | 0group | 1:200 | 120 | mobile) | Yes |
| 38 |  PepperstonePepperstone Markets Kenya… | 3.29 | 7 | 200 | 1:400 | 24 | MT4MT5cTrader | Offshore entity |
| 39 |  Traders TrustOffshore TTCM Traders Trust… | 3.27 | 6 | 50 | 1:3000 | 24 | webcTraderTradingView. | Offshore entity |
| 40 |  Khwezi TradeKhwezi Trade (Pty) Ltd, Cape… | 3.27 | 4 | 50group | 1:400 | 72 | — | Yes |
| 41 |  Plus500Plus500AU Pty Ltd | 3.25 | 8 | 10 | 1:30 | 72 | desktopiOSMT5 | Yes |
| 42 |  BlackBull MarketsBBG Limited | 3.20 | 6 | 0 | 1:500 | 72 | MT4MT5cTrader | Offshore entity |
| 43 |  Scope Markets SAScope Markets SA (Pty) Ltd… | 3.20 | 9 | 100 | 1:1000 | 120 | — | Yes |
| 44 |  Hantec MarketsHantec Markets Ltd | 3.16 | 3 | 10group | 1:500 | 48 | MT4MT5Hantec Mobile | Offshore entity |
| 45 |  FIBO GroupSouth African clients… | 3.13 | 6 | 50 | 1:1000 | 48 | MT4MT5cTrader. | Offshore entity |
| 46 |  Sasfin Securitiesof Sasfin Holdings Ltd | 3.08 | not priced | no data | no data | no data | — | Yes |
| 47 |  GO MarketsGO Markets Pty Ltd | 3.06 | 6 | 200 | 1:500 | 48 | MT4MT5cTrader. | Offshore entity |
| 48 |  XTBXTB International Limited | 3.05 | 1 | 0 | 1:500 | 72 | desktop | Offshore entity |
| 49 |  ATFXAT Global Markets SA (Pty)… | 3.04 | 12 | 500group | 1:400 | 24 | MT4MT5. | Yes |
| 50 |  OrbexServed offshore via Orbex… | 3.04 | 8 | 100 | 1:500 | 24 | MT4MT5. | Offshore entity |
| 51 |  FXChoiceFX Choice Ltd | 3.00 | 7 | 100 | 1:200 | 24 | MT4MT5. | Offshore entity |
| 52 |  TraduStratos South Africa (Pty)… | 2.99 | 5.9 | 50group | 1:30 | 120 | MT5 or API. | Yes |
| 53 |  DukascopyServed by Dukascopy Bank SA… | 2.95 | 8 | 100 | 1:200 | 48 | JForex 4MT4MT5. | Offshore entity |
| 54 |  IronFXNotesco SA (Pty) Ltd —… | 2.94 | 18 | 100 | 1:500 | 240 | MT4 (primary)MT5WebTrader. | Yes |
| 55 |  Blueberry MarketsServed via offshore Blueberry… | 2.91 | 7 | no data | 1:500 | 48 | MT4MT5TradingView | Offshore entity |
| 56 |  Doo PrimeSouth African retail served… | 2.89 | 7 | 5group | 1:1000 | 24 | MT4MT5 | Offshore entity |
| 57 |  AlpariParlance Trading Ltd | 2.85 | 3.5 | 30 | 1:3000 | 24 | MetaTrader 4 | Offshore entity |
| 58 |  HYCMHYCM Ltd | 2.85 | 5 | no data | 1:500 | 24 | MT4MT5. | Offshore entity |
| 59 |  Amana CapitalAmana Capital Ltd | 2.81 | 7 | 50group | 1:100 | 48 | MT4MT5 | Offshore entity |
| 60 |  MultiBank GroupSouth African clients served… | 2.80 | 15 | no data | 1:500 | 48 | MT4MT5 | Offshore entity |
| 61 |  Trive South AfricaTrive International Ltd | 2.80 | 10 | 0 | no data | 168 | desktopmobileweb | Yes |
| 62 |  FXOpenOffshore FXOpen Markets Ltd | 2.79 | 1.5 | no data | 1:500 | 24 | MT4MT5TickTrader. | Offshore entity |
| 63 |  LiteFinanceSouth African residents are… | 2.77 | 18 | 50 | 1:1000 | 24 | MT4MT5cTrader | Offshore entity |
| 64 |  Unum CapitalUnum Capital (Pty) Ltd… | 2.74 | 11 | no data | no data | no data | xStationIRESSmobile | Yes |
| 65 |  Milton PrimeMilton Global Ltd | 2.68 | not priced | 300group | 1:500 | 1 | MT4MT5. | Offshore entity |
| 66 |  FXTMForexTime Ltd | 2.67 | 16 | 10 | 1:2000 | 24 | MT4MT5 (desktopweb | Yes |
| 67 |  Standard Bank Online Share Trading (OST / SBG Securities)SBG Securities (Pty) Ltd… | 2.66 | not priced | no data | no data | 120 | WebTrader | Yes |
| 68 |  Windsor BrokersWindsor Brokers International… | 2.64 | 8 | 50group | 1:1000 | 24 | MT4; WebTradermobile. | Offshore entity |
| 69 |  ForexMartOffshore Tradomart SV Ltd | 2.64 | 10 | 15 | 1:500 | 7 | MT4MT5. | Offshore entity |
| 70 |  Fullerton MarketsFullerton Markets… | 2.64 | 7 | no data | 1:500 | 72 | MT4 | Offshore entity |
| 71 |  ErranteServed under offshore Errante… | 2.63 | not priced | no data | 1:1000 | 24 | MT4MT5cTrader | Offshore entity |
| 72 |  SkillingServed by offshore Skilling… | 2.62 | 8.5 | 100 | 1:500 | 24 | MT4cTrader. | Offshore entity |
| 73 |  Interactive BrokersIBKR LLC | 2.58 | 5 | 0 | no data | 48 | TWSIBKR Desktopmobile | Yes |
| 74 |  SwissquoteSwissquote Bank Ltd | 2.50 | 16 | 1000 | 1:100 | 24 | MT4MT5. | Offshore entity |
| 75 |  Saxo BankNot served. Saxo stopped… | 2.49 | 9 | 0group | no data | 24 | not applicable | No |
| 76 |  SatrixSatrix Managers (RF) (Pty)… | 2.42 | not priced | no data | no data | no data | SatrixNOW web | Yes |
| 77 |  EquitiSA clients served via group… | 2.30 | 8 | 500 | 1:500 | 24 | MT4MT5 | Offshore entity |
| 78 |  TMGMTrademax Global Ltd | 2.25 | 7 | 100group | 1:1000 | 96 | MT4MT5IRESS | Offshore entity |
| 79 |  CMC MarketsCMC Markets does not accept… | 2.20 | not priced | 0group | 1:200group | 48 | not applicable | No |
| 80 |  EasyEquitiesof Purple Group Ltd | 2.19 | not priced | no data | no data | 120 | Android) | Yes |
| 81 |  NAGAServed under offshore NAGA… | 2.16 | 11 | 250 | 1:1000 | 24 | webMT4MT5. | Offshore entity |
| 82 |  InstaForexSA clients served via… | 2.13 | not priced | 1group | 1:1000 | 7 | MT4MT5mobile. | Offshore entity |
| 83 |  EightcapEightcap Global Limited | 2.03 | 7 | 100group | 1:500 | 120 | MT4MT5WebTrader | Offshore entity |
| 84 |  BDSwissSouth African clients are… | 2.02 | 10 | no data | no data | 24 | MT4MT5iOS | Offshore entity |
| 85 |  T4TradeTradeco Ltd | 2.02 | 18 | no data | 1:1000 | 24 | desktop | Offshore entity |
| 86 |  eToroServed; South African clients… | 1.98 | 10 | no data | 1:30 | 120 | MT5. | Yes |
| 87 |  FNB Share Investingof FirstRand Bank Ltd | 1.95 | not priced | no data | no data | no data | — | Yes |
| 88 |  Shyft (Standard Bank Shyft)The Standard Bank of South… | 1.88 | not priced | no data | no data | no data | Android) | Yes |
| 89 |  OANDANone. OANDA does NOT accept… | 1.82 | 6 | 0group | no data | 120 | — | No |
| 90 |  AxioryAxiory Global Ltd | 1.73 | 2 | no data | 1:400 | 240 | MT4MT5cTrader | Offshore entity |
| 91 |  ADSSADS Securities LLC | 1.70 | 12 | 100group | 1:500 | 120 | OREX | Offshore entity |
| 92 |  FortradeServed internationally via… | 0.80 | 20 | 100group | no data | 120 | mobile) + MT4. | Offshore entity |
| 93 |  ZuluTradeCopy-trading/social-trading… | no data | not priced | 100 | 1:500group | no data | MT5X Open HubMatch-Trader | Yes |
| 94 |  10X Investments10X Investments (Pty) Ltd | no data | not priced | no data | no data | no data | — | Yes |
| 95 |  Absa Stockbrokers & Portfolio Managementof Absa Group Ltd | no data | not priced | no data | no data | no data | — | Yes |
| 96 |  Anchor Capitalof JSE-listed Anchor Group Ltd | no data | not priced | no data | no data | no data | Advisor-led | Yes |
| 97 |  GT247.comof JSE-listed Purple Group Ltd | no data | not priced | 0 | 1:25 | no data | — | Yes |
| 98 |  Investec Online / ClarityInvestec Bank Ltd | no data | not priced | no data | no data | no data | — | Yes |
| 99 |  Nedbank Online Share TradingNedgroup Private Wealth… | no data | not priced | 0 | no data | no data | — | Yes |
| 100 |  PSG Online (PSG Wealth)PSG Securities Ltd / PSG… | no data | not priced | no data | no data | 24 | — | Yes |
| 101 |  Purple GroupPurple Group Ltd | no data | not priced | no data | no data | no data | EasyPropertiesEasyCryptoEasyTrader | Yes |
| 102 |  Sanlam iTradeSanlam Private Wealth (Pty)… | no data | not priced | no data | no data | no data | — | Yes |
| 103 |  Momentum Securitiesof Momentum Group Ltd | no data | not priced | no data | no data | no data | — | Yes |
| 104 |  Rand SwissRand Swiss (Pty) Ltd, South… | no data | not priced | no data | no data | 0 | bondsETFs; forex | Yes |
270 of 270 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| IC MarketsRaw Spread | — | 0advertised | 7per standard lot | 7round turn, USD | Swap-free |
| IC MarketsStandard | — | — | Anyper standard lot | 0round turn, USD | Swap-free |
| BlackBull MarketsECN Standard | 0 | 0.8advertised | Anyper standard lot | 8round turn, USD | — |
| BlackBull MarketsECN Prime | 0 | 0advertised | 6per standard lot | 6round turn, USD | — |
| BlackBull MarketsPrime+ | 0 | 0advertised | 6per standard lot | 6round turn, USD | — |
| BlackBull MarketsStandard | 50 | 1.4advertised | Anyper standard lot | 14round turn, USD | — |
| BlackBull MarketsRaw | 100 | 0advertised | 6per standard lot | 6round turn, USD | — |
| BlackBull MarketsPro | 500 | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| EightcapStandard | 100 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| EightcapRaw | 100 | 0advertised | 7per standard lot | 7round turn, USD | — |
| Fusion MarketsZero Account | — | 0advertised | 4.5per standard lot | 4.5round turn, USD | — |
| Fusion MarketsClassic Account | — | 0.92advertised | Anyper standard lot | 9.2round turn, USD | — |
| Fusion MarketsSwap-Free Account | — | — | — | — | Swap-free |
| PepperstoneStandard | 0 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| PepperstoneRazor | 0 | 0advertised | 7per standard lot | 7round turn, USD | — |
| PepperstoneStandard account (swap-free) | — | 1.1advertised | Anyper standard lot | 11round turn, USD | Swap-free |
| Trade NationTN Trader / TradingView account | — | 0.3advertised | Anyper standard lot | 3round turn, USD | — |
| AlpariMicro | 30 | 1.2advertised | Anyper standard lot | 12round turn, USD | — |
| AlpariStandard | 100 | 1.2advertised | Anyper standard lot | 12round turn, USD | — |
| AlpariECN | 300 | 0.8advertised | Anyper standard lot | 8round turn, USD | — |
| AlpariPRO ECN | 500 | 0advertised | 5per standard lot | 5round turn, USD | — |
| BDSwissCent | 10 | 1.5advertised | Anyper standard lot | 15round turn, USD | — |
| BDSwissClassic | 10 | 1.3advertised | Anyper standard lot | 13round turn, USD | — |
| BDSwissVIP | 250 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| BDSwissRaw | 500 | 0advertised | 10per standard lot | 10round turn, USD | — |
| CMC MarketsStandard Account | — | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| CMC MarketsFX Active Account | — | 0advertised | 5per standard lot | 5round turn, USD | — |
| Capital.comStandard account | 20 | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| FP MarketsStandard Account | — | — | Anyper standard lot | 0round turn, USD | Swap-free |
| FP MarketsRaw Account | — | 0advertised | 6per standard lot | 6round turn, USD | Swap-free |
| FXGTOptimus | 10 | 0.8advertised | Anyper standard lot | 8round turn, USD | — |
| FXGTPRO | 50 | 0.5advertised | Anyper standard lot | 5round turn, USD | — |
| FXGTECN Zero | 100 | 0advertised | 6per standard lot | 6round turn, USD | — |
| FXGTStandard+ | 10 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| FXGTMini | 5 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| LiteFinanceECN | 50 | 0advertised | 0.5per standard lot | 0.5round turn, USD | Swap-free |
| LiteFinanceCLASSIC | 50 | 1.8advertised | Anyper standard lot | 18round turn, USD | Swap-free |
| LiteFinanceCENT | 10 | 3advertised | Anyper standard lot | 30round turn, USD | Swap-free |
| Moneta MarketsDirect STP | 50 | 1.2advertised | Anyper standard lot | 12round turn, USD | — |
| Moneta MarketsPrime ECN | 50 | 0advertised | 6per standard lot | 6round turn, USD | — |
| Moneta MarketsUltra ECN | 20000 | 0advertised | 2per standard lot | 2round turn, USD | — |
| Plus500Real | — | — | Any | — | — |
| TMGMEDGE | 0 | 0advertised | 7per standard lot | 7round turn, USD | — |
| TMGMCLASSIC | 0 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| ThinkMarketsStandard | — | — | Any | — | — |
| ThinkMarketsThinkZero | 500 | 0advertised | 7per standard lot | 7round turn, USD | — |
| XTBStandard | — | — | Anyper standard lot | 0round turn, USD | — |
| ActivTradesIndividual | — | 0.5advertised | Anyper standard lot | 5round turn, USD | — |
| ActivTradesProfessional | — | 0.5advertised | Anyper standard lot | 5round turn, USD | — |
| ActivTradesIslamic Account | — | 0.5advertised | Anyper standard lot | 5round turn, USD | Swap-free |
| HFMInfinityX | 500 | 0.3advertised | Anyper standard lot | 3round turn, USD | Swap-free |
| HFMCent | 0 | 1.4advertised | Anyper standard lot | 14round turn, USD | Swap-free |
| HFMZero | 0 | 0advertised | — | 0round turn, USD | Swap-free |
| HFMPro | 100 | 0.6advertised | Anyper standard lot | 6round turn, USD | Swap-free |
| HFMPremium | 0 | 1.4advertised | Anyper standard lot | 14round turn, USD | Swap-free |
| HYCMFixed | 20 | 1.5advertised | — | 15round turn, USD | — |
| HYCMClassic | 20 | 1.2advertised | — | 12round turn, USD | — |
| HYCMRaw | 20 | 0.1advertised | 4per standard lot | 5round turn, USD | — |
| IG MarketsCFD trading account | — | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| IG MarketsCFD trading account | — | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| MitradeStandard Account | — | — | Any | — | — |
| MitradePro Account | — | — | Any | — | — |
| MultiBank GroupStandard | 50 | 1.5advertised | Anyper standard lot | 15round turn, USD | — |
| MultiBank GroupPro | 1000 | 0.8advertised | Anyper standard lot | 8round turn, USD | — |
| MultiBank GroupECN | 10000 | 0advertised | 6per standard lot | 6round turn, USD | — |
| AdmiralsTrade.MT5 | — | 0.5advertised | Anyper standard lot | 5round turn, USD | — |
| AdmiralsZero.MT5 | — | 0advertised | 3.6per standard lot | 3.6round turn, USD | — |
| AdmiralsTrade.MT4 | — | 0.5advertised | Anyper standard lot | 5round turn, USD | — |
| AdmiralsZero.MT4 | — | 0advertised | — | 0round turn, USD | — |
| AdmiralsIslamic Trade.MT5 | — | 0.5advertised | — | 5round turn, USD | Swap-free |
| AvaTradeIslamic | — | — | — | — | Swap-free |
| CAPEXEssential | 100 | — | — | — | — |
| CAPEXOriginal | 5000 | — | — | — | — |
| CAPEXSignature | 25000 | — | — | — | — |
| DukascopyECN account | 100 | 0.1advertised | 70per standard lot | 71round turn, USD | — |
| DukascopySwap-free account | 100 | 0.1advertised | 80per standard lot | 81round turn, USD | Swap-free |
| FXTMMicro | 30 | 1.7advertised | Anyper standard lot | 17round turn, USD | — |
| FXTMRewards | 200 | 0.9advertised | Anyper standard lot | 9round turn, USD | — |
| FXTMRewards Plus | 200 | 1.5advertised | Anyper standard lot | 15round turn, USD | — |
| FXTMAdvantage | 500 | 0advertised | 7per standard lot | 7round turn, USD | — |
| Interactive BrokersIDEALPRO | 25000 | — | 5per standard lot | 5round turn, USD | — |
| OANDAStandard account | 0 | 1.4advertised | Anyper standard lot | 14round turn, USD | — |
| TickmillClassic Account | 100 | 1.6advertised | Anyper standard lot | 16round turn, USD | — |
| TickmillRaw Account | 100 | 0advertised | 6per standard lot | 6round turn, USD | — |
| TickmillTradingView Raw | 100 | 0advertised | 7per standard lot | 7round turn, USD | — |
| eToroRetail account | — | 1advertised | Anyper standard lot | 10round turn, USD | — |
| eToroSwap-Free account | 1000 | — | — | — | Swap-free |
| ExinityAdvantage | 200 | 0advertised | 7per standard lot | 7round turn, USD | — |
| ExinityAdvantage Plus | 200 | 1.5advertised | Anyper standard lot | 15round turn, USD | — |
| ExinityMicro | — | — | Anyper standard lot | 0round turn, USD | — |
| FXCMStandard | — | 1.3advertised | Anyper standard lot | 13round turn, USD | — |
| Forex.comStandard Account | 100 | 1.2advertised | Anyper standard lot | 12round turn, USD | — |
| Forex.comRAW Spread Account | 100 | 0advertised | 10per standard lot | 10round turn, USD | — |
| Saxo BankClassic | 0 | 1advertised | — | 10round turn, USD | — |
| Saxo BankPlatinum | — | 0.9advertised | — | 9round turn, USD | — |
| Saxo BankVIP | — | 0.7advertised | — | 7round turn, USD | — |
| SwissquoteSTANDARD | 1000 | 1.7advertised | Anyper standard lot | 17round turn, USD | — |
| SwissquotePREMIUM | 10000 | 1.4advertised | Anyper standard lot | 14round turn, USD | — |
| SwissquotePRIME | 50000 | 1.1advertised | Anyper standard lot | 11round turn, USD | — |
| ADSSStandard | 100 | — | — | — | — |
| ADSSElite | — | — | — | — | — |
| ADSSPro | — | — | — | — | — |
| ATFXStandard | 200 | 1.2advertised | Anyper standard lot | 12round turn, USD | — |
| ATFXMicro | 100 | 1.8advertised | Anyper standard lot | 18round turn, USD | — |
| ATFXRaw | 10000 | 0advertised | — | 0round turn, USD | — |
| AxioryNANO | 10 | 3e-05advertised | 6per standard lot | 6round turn, USD | — |
| AxiorySTANDARD | 10 | 0.00013advertised | Anyper standard lot | 0round turn, USD | — |
| AxioryMAX | 10 | 0.0002advertised | Anyper standard lot | 0round turn, USD | — |
| AxioryZERO | 10 | 0advertised | — | 0round turn, USD | — |
| CFIZero Commission | — | 0.4advertised | Anyper standard lot | 4round turn, USD | — |
| Doo PrimeSTP Account | 100 | — | Any | — | — |
| Doo PrimeECN Account | 5000 | — | — | — | — |
| EquitiClassic Account | 0 | — | Anyper standard lot | 0round turn, USD | — |
| EquitiStandard Account | 30 | — | Anyper standard lot | 0round turn, USD | — |
| EquitiPremier Account | 100 | 0advertised | 7per standard lot | 7round turn, USD | — |
| FxProStandard | — | — | Anyper standard lot | 0round turn, USD | — |
| FxProcTrader | — | — | 7per standard lot | 7round turn, USD | — |
| FxProSwap-free | — | — | — | — | Swap-free |
| IronFXSTANDARD | — | 1.8advertised | Any | 18round turn, USD | — |
| IronFXPREMIUM | — | 1.4advertised | Any | 14round turn, USD | — |
| IronFXVIP | — | 1.2advertised | Any | 12round turn, USD | — |
| IronFXZero Commission | — | 1.6advertised | Any | 16round turn, USD | — |
| IronFXZero Spread | — | 0advertised | — | 0round turn, USD | — |
| IronFXAbsolute Zero | — | 0.3advertised | — | 3round turn, USD | — |
| SkillingStandard | — | — | — | — | — |
| SkillingPremium raw-spread | 5000 | — | — | — | — |
| Windsor BrokersPrime | 50 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| Windsor BrokersZero | 1000 | 0advertised | 8per standard lot | 8round turn, USD | — |
| Windsor BrokersVIP Zero | — | 0advertised | 5per standard lot | 5round turn, USD | — |
| AMarketsStandard | 100 | 1.3advertised | Anyper standard lot | 13round turn, USD | — |
| AMarketsECN | 200 | 0.2advertised | 5per standard lot | 7round turn, USD | — |
| AMarketsZero | 200 | 0advertised | 11per standard lot | 11round turn, USD | — |
| Blueberry MarketsStandard | 100 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| Blueberry MarketsDirect | 100 | 0advertised | 7per standard lot | 7round turn, USD | — |
| FXOpenMICRO | 1 | — | Anyper standard lot | 0round turn, USD | — |
| FXOpenSTP | 10 | 0.5advertised | Anyper standard lot | 5round turn, USD | — |
| FXOpenECN | 100 | 0advertised | 3per standard lot | 3round turn, USD | — |
| FortradeSwap-Free Account | — | — | — | — | Swap-free |
| GO MarketsStandard | — | — | Anyper standard lot | 0round turn, USD | — |
| GO MarketsPRO+ | — | — | 7per standard lot | 7round turn, USD | — |
| GO MarketsMicro account | 10 | — | Anyper standard lot | 0round turn, USD | — |
| GO MarketsSwap-free Islamic account | — | — | — | — | Swap-free |
| Global PrimeStandard | 0 | 0.9advertised | Anyper standard lot | 9round turn, USD | — |
| Global PrimeRaw | 0 | 0advertised | 7per standard lot | 7round turn, USD | — |
| Hantec MarketsGlobal | 10 | — | Any | — | — |
| Hantec MarketsPro | 10 | 0.1advertised | 4per standard lot | 5round turn, USD | — |
| InstaForexInsta.Standard | 1 | — | Anyper standard lot | 0round turn, USD | — |
| InstaForexInsta.Eurica | 1 | 0advertised | — | 0round turn, USD | — |
| InstaForexCent.Standard | 1 | — | Anyper standard lot | 0round turn, USD | — |
| InstaForexCent.Eurica | 1 | 0advertised | — | 0round turn, USD | — |
| T4TradeStandard | — | 1.8advertised | Anyper standard lot | 18round turn, USD | — |
| T4TradePremium | — | 1.6advertised | Anyper standard lot | 16round turn, USD | — |
| T4TradePrivilege | — | 1.1advertised | Anyper standard lot | 11round turn, USD | — |
| T4TradeCent | — | 1.6advertised | Anyper standard lot | 16round turn, USD | — |
| ErranteStandard | 50 | 1.5advertised | Anyper standard lot | 15round turn, USD | — |
| ErrantePremium | — | — | Anyper standard lot | 0round turn, USD | — |
| ErranteVIP | — | — | Anyper standard lot | 0round turn, USD | — |
| ErranteTailor Made | — | 0advertised | — | 0round turn, USD | — |
| FIBO GroupMT4 Cent | 0.01 | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| FIBO GroupMT4 Fixed | 50 | 2advertised | Anyper standard lot | 20round turn, USD | — |
| FIBO GroupMT4 NDD | 50 | 0advertised | — | 0round turn, USD | — |
| FIBO GroupMT4 NDD No Commission | 50 | 0.8advertised | Anyper standard lot | 8round turn, USD | — |
| FIBO GroupcTrader NDD | 50 | 0advertised | — | 0round turn, USD | — |
| FIBO GroupcTrader Zero Spread | 50 | 0advertised | — | 0round turn, USD | — |
| FIBO GroupMT5 NDD | 50 | 0advertised | — | 0round turn, USD | — |
| FIBO GroupMT5 Cent | 0.01 | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| FXChoiceOptimum | 10 | — | Any | — | — |
| FXChoiceClassic | 10 | 1advertised | Any | 10round turn, USD | — |
| FXChoicePro | 10 | 1advertised | 7.78per standard lot | 17.78round turn, USD | — |
| Grand CapitalStandard | 100 | — | — | — | — |
| Grand CapitalMicro | 10 | 0.1advertised | — | 1round turn, USD | — |
| Grand CapitalSwap Free | — | — | — | — | Swap-free |
| HeadwayCent | 1 | 0.3advertised | Anyper standard lot | 3round turn, USD | — |
| HeadwayStandard | 10 | 0.3advertised | Anyper standard lot | 3round turn, USD | — |
| HeadwayPro | 100 | 0advertised | 3per standard lot | 3round turn, USD | — |
| Milton PrimePRIME RAW | 1000 | — | 7per standard lot | 7round turn, USD | — |
| Traders TrustClassic | 50 | 1.5advertised | Anyper standard lot | 15round turn, USD | Swap-free |
| Traders TrustPro | 500 | 0advertised | 6per standard lot | 6round turn, USD | — |
| Traders TrustVIP | — | 0advertised | 3per standard lot | 3round turn, USD | — |
| Amana CapitalClassic | 50 | — | — | — | — |
| Amana CapitalActive | — | — | — | — | — |
| Amana CapitalElite | — | — | — | — | — |
| CMTradingBASIC ACCOUNT | 250 | — | Anyper standard lot | 0round turn, USD | — |
| CMTradingTRADER ACCOUNT | 2000 | — | Anyper standard lot | 0round turn, USD | — |
| CMTradingGOLD ACCOUNT | 20000 | 1.9advertised | Any | 19round turn, USD | — |
| CMTradingPREMIUM ACCOUNT | 85000 | 1.9advertised | Anyper standard lot | 19round turn, USD | — |
| CMTradingVIP CLUB | 250000 | — | — | — | — |
| FinvasiaFxview Zero Commission | — | — | Any | — | — |
| FinvasiaRaw ECN | — | — | — | — | — |
| FinvasiaPremium ECN | — | — | — | — | — |
| Markets.comStandard | — | 0.7advertised | Any | 7round turn, USD | — |
| Markets.comRaw | — | 0.1advertised | — | 1round turn, USD | — |
| Markets.comMicro | — | 0.7advertised | Any | 7round turn, USD | — |
| OrbexStarter | 100 | — | — | — | — |
| OrbexPremium | — | — | — | — | — |
| OrbexUltimate | — | — | — | — | — |
| STARTRADERStandard/ECN | 50 | — | — | — | — |
| STARTRADERPrime ECN | 10000 | — | — | — | — |
| STARTRADERIslamic on request | — | — | — | — | Swap-free |
| Scope MarketsScope Elite | — | — | — | — | — |
| Scope Marketsdemo | — | — | — | — | — |
| Scope MarketsIslamic | — | — | — | — | Swap-free |
| Ultima MarketsIslamic option | — | — | — | — | Swap-free |
| ACY SecuritiesBasic | 50 | 2advertised | Anyper standard lot | 20round turn, USD | — |
| ACY SecuritiesStandard | 100 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| ACY SecuritiesProZero | 200 | 0advertised | 6per standard lot | 6round turn, USD | — |
| ForexMartClassic | 15 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| ForexMartPro | 200 | 0.6advertised | Anyper standard lot | 6round turn, USD | — |
| ForexMartCents | 15 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| ForexMartZero Spread | 500 | 0advertised | — | 0round turn, USD | — |
| Fullerton MarketsVariable Spreads | — | — | Any | — | — |
| Fullerton MarketsRaw Spreads | — | 0advertised | 8per standard lot | 8round turn, USD | — |
| Fullerton MarketsPRO Spreads | — | — | Any | — | Swap-free |
| Land-FXStandard | — | — | — | — | — |
| Land-FXCent | — | — | — | — | — |
| Land-FXAsian Standard | — | — | — | — | — |
| Land-FXECN | — | — | — | — | — |
| TraduIndividual account | — | — | Anyper standard lot | 0round turn, USD | — |
| 10X InvestmentsSTANDARD | 500 | — | — | — | — |
| Absa Stockbrokers & Portfolio ManagementWorld Trader Account | 1000 | — | — | — | — |
| EasyEquitiesZAR account | — | — | — | — | — |
| EasyEquitiesUSD/GBP/EUR/AUD offshore accounts | — | — | — | — | — |
| GT247.comZAR FREE | 0 | — | Any | — | — |
| GT247.comUSD FREE | 0 | — | Any | — | — |
| IG Markets SAIG trading account | — | 0.6advertised | Any | 6round turn, USD | — |
| Investec Online / ClarityInvestec Online Share Trading account | — | — | — | — | — |
| Investec Online / ClarityClarity investing account | 25 | — | — | — | — |
| Khwezi TradeFour live account types | 500 | — | — | — | — |
| Khwezi Tradedemo | — | — | — | — | — |
| Nedbank Online Share TradingTax-Free Savings Account | — | — | — | — | — |
| Nedbank Online Share TradingYoung Investor account | — | — | — | — | — |
| PSG Online (PSG Wealth)offshore share-trading account | — | — | — | — | — |
| Purple GroupSTP | — | 1.3advertised | Anyper standard lot | 13round turn, USD | — |
| Purple GroupECN | — | 0.3advertised | 10per standard lot | 13round turn, USD | — |
| Sanlam iTradeiTrade Standard account | — | — | — | — | — |
| Sanlam iTradeiTrade Pro account | — | — | — | — | — |
| Sanlam iTradeZAR share-trading account | — | — | — | — | — |
| SatrixZAR investment account | — | — | — | — | — |
| Shyft (Standard Bank Shyft)Shyft Shares investing account | — | — | — | — | — |
| Standard Bank Online Share Trading (OST / SBG Securities)ZAR share-trading account | — | — | — | — | — |
| Standard Bank Online Share Trading (OST / SBG Securities)offshore/foreign share-trading account | — | — | — | — | — |
| Standard Bank Online Share Trading (OST / SBG Securities)Money Account | — | — | — | — | — |
| FNB Share InvestingZAR cash accounts | — | — | — | — | — |
| FNB Share InvestingShare Investor | — | — | — | — | — |
| FNB Share InvestingShare Trader | — | — | — | — | — |
| FNB Share InvestingTax-Free Shares Account | — | — | — | — | — |
| Momentum SecuritiesZAR stockbroking accounts | — | — | — | — | — |
| Momentum SecuritiesTax-Free Savings Account | — | — | — | — | — |
| Rand SwissActive trading account | — | 12advertised | — | 120round turn, USD | — |
| Sasfin SecuritiesZAR stockbroking accounts | — | — | — | — | — |
| Scope Markets SAOne Account | 10 | 0.9advertised | — | 9round turn, USD | — |
| Scope Markets SACuenta Islámica | 10 | 0.9advertised | 20per standard lot | 29round turn, USD | Swap-free |
| Scope Markets SAScope Invest | 10 | 0.1advertised | Anyper standard lot | 1round turn, USD | — |
| Scope Markets SAScope Elite | 20000 | 0advertised | — | 0round turn, USD | — |
| Trive South AfricaStandard | — | 1.2advertised | Anyper standard lot | 12round turn, USD | Swap-free |
| Trive South AfricaVIP | 2000 | 0.6advertised | Anyper standard lot | 6round turn, USD | Swap-free |
| Trive South AfricaECN Zero | — | 0advertised | 10per standard lot | 10round turn, USD | Swap-free |
| Trive South AfricaPro Leverage | — | 1.2advertised | Anyper standard lot | 12round turn, USD | Swap-free |
| Trive South AfricaCent | — | 1.2advertised | — | 12round turn, USD | — |
| Unum CapitalMM | 580 | 1advertised | 10per standard lot | 20round turn, USD | — |
| OctaFXOctaTrader | 25 | 0.6advertised | Anyper standard lot | 6round turn, USD | Swap-free |
| OctaFXMetaTrader 5 | 25 | 0.6advertised | Anyper standard lot | 6round turn, USD | Swap-free |
| OctaFXMetaTrader 4 | 25 | 0.6advertised | Anyper standard lot | 6round turn, USD | Swap-free |
| JustMarketsStandard | 10 | 0.3advertised | Anyper standard lot | 3round turn, USD | — |
| JustMarketsPro | 200 | 0.1advertised | Anyper standard lot | 1round turn, USD | — |
| JustMarketsRaw Spread | 200 | 0advertised | 6per standard lot | 6round turn, USD | — |
| ExnessStandard | — | 0.2advertised | Any | 2round turn, USD | — |
| ExnessPro | — | 0.1advertised | Any | 1round turn, USD | — |
| ExnessZero | — | 0advertised | 0.1per standard lot | 0.1round turn, USD | — |
| ExnessRaw Spread | — | 0advertised | 7per standard lot | 7round turn, USD | — |
The pick for each need (5)
Lowest minimum deposit
Min deposit, USD: 0 USD
Locally licensed
Score: 4.48
Fastest withdrawal
Withdrawal, h: 0 h
Highest leverage
Max leverage: 1:5000
Chosen automatically from 104 brokers. Brokers carrying a regulator warning are excluded.
The numbers across South Africa
Round-turn cost, USD (81 of 104)
Median 7.0 · Range 1.0–20.0 USD
Minimum deposit, USD (49 of 104)
Median 50.0 · Range 0.0–1000.0 USD
Retail leverage (72 of 104)
Median 500.0 · Range 20.0–5000.0 1:x
Withdrawal time, hours (87 of 104)
Median 24.0 · Range 0.0–240.0 h
Rankings (19)
Round turn, USD · 7
68 · In this ranking
Round turn, USD · 7
FSCA-regulated brokers in South Africa
56 · In this ranking
Round turn, USD · 7
Brokers not authorised by the FSCA in South Africa
45 · In this ranking
Round turn, USD · 7
Swap-free brokers in South Africa
73 · In this ranking
Round turn, USD · 7
Lowest minimum deposit in South Africa
49 · In this ranking
Round turn, USD · 7
Lowest EURUSD spreads in South Africa
81 · In this ranking
Round turn, USD · 7
Highest leverage available in South Africa
72 · In this ranking
Round turn, USD · 7
Brokers with local funding in South Africa
56 · In this ranking
Round turn, USD · 7.5
Brokers for beginners in South Africa
13 · In this ranking
Round turn, USD · 7
Raw-spread and ECN accounts in South Africa
65 · In this ranking
Round turn, USD · 7
MetaTrader 4 brokers in South Africa
76 · In this ranking
Round turn, USD · 7
MetaTrader 5 brokers in South Africa
67 · In this ranking
Round turn, USD · 6.5
cTrader brokers in South Africa
13 · In this ranking
Round turn, USD · 7
Gold trading brokers in South Africa
45 · In this ranking
Round turn, USD · 6
Brokers with crypto CFDs in South Africa
24 · In this ranking
Round turn, USD · 7
Fastest withdrawals in South Africa
84 · In this ranking
Round turn, USD · 8.5
Commission-free accounts in South Africa
20 · In this ranking
Round turn, USD · 7.5
Brokers with a demo account in South Africa
13 · In this ranking
Round turn, USD · 7.25
Best broker apps in South Africa
21 · In this ranking
Guides (3)
Is it legal
Is forex trading legal in South Africa?
56 of 104 hold a local licence
How to check
How to verify a broker licence in South Africa
51 licence numbers published
What you owe
How trading profits are taxed in South Africa
Rates and filing, from the tax authority
Update log
1 dated event(s), newest first.
- DataFirst publication: 104 brokers, 270 accounts, 81 priced.