Lowest cost per trade
Round turn, USD: 2 USD
104 brokers measured81 pricedmedian 7.0 USDformula v1.0Data captured 02.11.2026
cTrader brokers in South Africa
Key facts (6 · 13 of 104)
In this ranking
13 of 104
Ranked on all axes
9 of 13
Round turn, USD · Median
7.0 USD
Min deposit, USD · Median
50.0 USD
Max leverage
500.0geo
Withdrawal, h · Median
24.0 h
Top picks (3 / 9 of 13)
The pick for each need (4)
Lowest minimum deposit
Min deposit, USD: 0 USD
Fastest withdrawal
Withdrawal, h: 1 h
Highest leverage
Max leverage: 1:1000
Chosen automatically from 13 brokers. Brokers carrying a regulator warning are excluded.
Compare all 13 brokers and 45 accounts
Sorted by computed score, highest first. Unscored brokers follow.
Showing 13 of 104 brokers that onboard South Africa residents.
13 of 13 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 |  FP MarketsSouth African clients are… | 4.10 | 6.5 | 100 | 1:500 | 72 | MT4MT5cTrader | Yes |
| 3 |  Fusion MarketsSouth African retail clients… | 3.54 | 4.5 | 0 | 1:500 | 1 | MetaTrader 4MetaTrader 5cTrader | Offshore entity |
| 4 |  IC MarketsSouth African clients are… | 3.52 | 7.5 | 200 | 1:500 | 24 | webmobile. | Offshore entity |
| 5 |  FxProFxPro Markets Direct Costa… | 3.31 | 7 | 100 | 1:200 | 3 | MT4MT5cTrader | Yes |
| 6 |  PepperstonePepperstone Markets Kenya… | 3.29 | 7 | 200 | 1:400 | 24 | MT4MT5cTrader | Offshore entity |
| 7 |  BlackBull MarketsBBG Limited | 3.20 | 6 | 0 | 1:500 | 72 | MT4MT5cTrader | Offshore entity |
| 8 |  FIBO GroupSouth African clients… | 3.13 | 6 | 50 | 1:1000 | 48 | MT4MT5cTrader. | Offshore entity |
| 9 |  GO MarketsGO Markets Pty Ltd | 3.06 | 6 | 200 | 1:500 | 48 | MT4MT5cTrader. | Offshore entity |
| 10 |  LiteFinanceSouth African residents are… | 2.77 | 18 | 50 | 1:1000 | 24 | MT4MT5cTrader | Offshore entity |
| 11 |  ErranteServed under offshore Errante… | 2.63 | not priced | no data | 1:1000 | 24 | MT4MT5cTrader | Offshore entity |
| 12 |  SkillingServed by offshore Skilling… | 2.62 | 8.5 | 100 | 1:500 | 24 | MT4cTrader. | Offshore entity |
| 13 |  AxioryAxiory Global Ltd | 1.73 | 2 | no data | 1:400 | 240 | MT4MT5cTrader | Offshore entity |
45 of 45 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 | — |
| 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 |
| FP MarketsStandard Account | — | — | Anyper standard lot | 0round turn, USD | Swap-free |
| FP MarketsRaw Account | — | 0advertised | 6per standard lot | 6round turn, USD | Swap-free |
| 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 |
| 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 | — |
| FxProStandard | — | — | Anyper standard lot | 0round turn, USD | — |
| FxProcTrader | — | — | 7per standard lot | 7round turn, USD | — |
| FxProSwap-free | — | — | — | — | Swap-free |
| SkillingStandard | — | — | — | — | — |
| SkillingPremium raw-spread | 5000 | — | — | — | — |
| 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 |
| 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 | — |
Local entity against offshore: what the figures say
A leverage figure is published for 72 of 104 brokers here: 12 onboard through a local entity (median 1:500); 26 onboard through a offshore entity (median 1:500); 34 onboard through a unclear entity (median 1:400).
| Onboarding entity | Brokers with a figure | Max leverage · Median | Range |
|---|---|---|---|
| local | 12 of 104 | 1:500geo | 1:200–1:5000 |
| offshore | 26 of 104 | 1:500geo | 1:200–1:3000 |
| unclear | 34 of 104 | 1:400geo | 1:20–1:3000 |
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
How to choose (5)
- 1Onboarding entityCheck the entity in the last column: South Africa residents are onboarded by a local entity at some of these brokers and by an offshore one at others.
- 2Round turn, USDCompare the round turn against the median of 7.0 USD, measured on 81 of 104 brokers rather than on the whole base.
- 3ScoreTreat a blank as a blank: 4 of 13 brokers here are missing at least one axis and are listed without a score.
- 4Max leverageRead the leverage column with its marker: a figure the country's regulator did not set belongs to the broker's group, not to this country.
- 5Licence numberOpen the licence number on the broker page and check it in the register before funding.
Related rankings (6)
Methodology
the weighted mean of six axes, each on the same 0–5 scale. A broker enters this ranking only with a review rating and a round-turn price; others are listed with their score withheld.
FAQ (4)
How many brokers are in this ranking?
13 of 104 of the 104 brokers in our South Africa base, and 9 of 13 of them are measured on all six axes.
How is the order decided?
By the computed score: the weighted mean of six axes, each on the same 0–5 scale. A broker without a review rating or without a round-turn price is listed but not ranked.
Which broker leads ctrader brokers in south africa?
Fusion Markets with 3.54 of 5 and a round turn of 4.5 USD.
What does trading cost in South Africa on average?
The median round turn on one EURUSD lot is 7.0 USD, measured on 81 of 104 brokers.
Update log
1 dated event(s), newest first.
- DataFirst publication: 13 brokers, 45 accounts, 81 priced.