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104 brokers measured81 pricedmedian 7.0 USDformula v1.0Data captured 02.11.2026Some links are partner links. They never change a score or a position.

Brokers with local funding in South Africa

Key facts (6 · 56 of 104)

In this ranking
56 of 104
Ranked on all axes
33 of 56
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 / 33 of 56)

1. OctaFX

Score 4.26 · Round turn, USD 9.0 USD

Read the review

2. Capital.com

Score 4.14 · Round turn, USD 6.0 USD

Read the review

3. HFM

Score 4.1 · Round turn, USD 6.0 USD

Read the review

The pick for each need (4)

Lowest cost per trade

Headway

Round turn, USD: 3 USD

Lowest minimum deposit

CFI

Min deposit, USD: 0 USD

Highest leverage

FXGT

Max leverage: 1:5000

Chosen automatically from 56 brokers. Brokers carrying a regulator warning are excluded.

Compare all 56 brokers and 139 accounts

Sorted by computed score, highest first. Unscored brokers follow.
Showing 56 of 104 brokers that onboard South Africa residents.

56 of 56 shown

Click a column heading to sort. Figures are list terms, no promo codes.

#BrokerScoreRound turn, USDMin deposit, USDMax leverageWithdrawal, hPlatformsAccepts ZA residents
1CFICFI Financial (Pty) Ltd…4.48not priced01:50024MT4MT5cTrader.Yes
2FinvasiaSouth Africa served via…4.38450group1:1000groupno dataMT4MT5Yes
3OctaFXOrinoco Capital Pty Ltd4.269251:10003MT4MT5OctaTraderYes
4Capital.comSouth African clients are now…4.146201:30group24mobile appplus MT4MT5Yes
5HFMSA clients served under LOCAL…4.1060group1:200024MT4MT5HFM app.Yes
6ExinityExinity Limited3.974no datano data24MT4Yes
7ACY SecuritiesACY Securities SA (Pty) Ltd…3.95650group1:500group24MT4MT5Yes
8FXGTSouth African clients are…3.946101:500024MT4MT5app.Yes
9AdmiralsSouth African clients served…3.926251:50024MT4MT5Yes
10ThinkMarketsPty Ltd3.807501:5004MT4MT5TradingView.Yes
11IG Markets SAIG Markets South Africa…3.807.5501:3072MT4ProRealTimeYes
12TickmillTickmill South Africa (Pty)…3.7961001:100024MT4MT5.Yes
13AvaTradeLocal Ava Capital Markets Pty…3.7791001:40024MT4MT5WebTraderYes
14FXCMServed locally by Stratos…3.76741:40072MT4Yes
15CMTradingGCMT South Africa (Pty) Ltd…3.7483001:20024MT4WebTradercopy-trading.Yes
16HeadwayHome base: Jarocel (Pty) Ltd…3.6631no data0.5MT4MT5Headway App.Yes
17JustMarketsJust Global Markets Pty Ltd3.64310group1:300048—Yes
18CAPEXJME Financial Services (Pty)…3.596.51001:30024—Yes
19Markets.comPty Ltd3.5561001:300168WebTraderMT4MT5Yes
20IG MarketsIG Markets South Africa Ltd3.5413.6501:2072IG webappProRealTimeYes
21IC MarketsSouth African clients are…3.527.52001:50024webmobile.Offshore entity
22Land-FXLand Prime Ltd3.493.35101:20001MT4MT5.Offshore entity
23Scope MarketsScope Markets SA (Pty) Ltd.3.339no datano data48MT4MT5IRESS.Yes
24FxProFxPro Markets Direct Costa…3.3171001:2003MT4MT5cTraderYes
25Trade NationSouth African clients are…3.3050group1:200120mobile)Yes
26PepperstonePepperstone Markets Kenya…3.2972001:40024MT4MT5cTraderOffshore entity
27Khwezi TradeKhwezi Trade (Pty) Ltd, Cape…3.27450group1:40072—Yes
28Plus500Plus500AU Pty Ltd3.258101:3072desktopiOSMT5Yes
29BlackBull MarketsBBG Limited3.20601:50072MT4MT5cTraderOffshore entity
30Scope Markets SAScope Markets SA (Pty) Ltd…3.2091001:1000120—Yes
31Sasfin Securitiesof Sasfin Holdings Ltd3.08not pricedno datano datano data—Yes
32ATFXAT Global Markets SA (Pty)…3.0412500group1:40024MT4MT5.Yes
33TraduStratos South Africa (Pty)…2.995.950group1:30120MT5 or API.Yes
34IronFXNotesco SA (Pty) Ltd —…2.94181001:500240MT4 (primary)MT5WebTrader.Yes
35Doo PrimeSouth African retail served…2.8975group1:100024MT4MT5Offshore entity
36Trive South AfricaTrive International Ltd2.80100no data168desktopmobilewebYes
37Unum CapitalUnum Capital (Pty) Ltd…2.7411no datano datano dataxStationIRESSmobileYes
38Milton PrimeMilton Global Ltd2.68not priced300group1:5001MT4MT5.Offshore entity
39FXTMForexTime Ltd2.6716101:200024MT4MT5 (desktopwebYes
40ForexMartOffshore Tradomart SV Ltd2.6410151:5007MT4MT5.Offshore entity
41SatrixSatrix Managers (RF) (Pty)…2.42not pricedno datano datano dataSatrixNOW webYes
42NAGAServed under offshore NAGA…2.16112501:100024webMT4MT5.Offshore entity
43BDSwissSouth African clients are…2.0210no datano data24MT4MT5iOSOffshore entity
44FNB Share Investingof FirstRand Bank Ltd1.95not pricedno datano datano data—Yes
45Shyft (Standard Bank Shyft)The Standard Bank of South…1.88not pricedno datano datano dataAndroid)Yes
46ZuluTradeCopy-trading/social-trading…no datanot priced1001:500groupno dataMT5X Open HubMatch-TraderYes
4710X Investments10X Investments (Pty) Ltdno datanot pricedno datano datano data—Yes
48Absa Stockbrokers & Portfolio Managementof Absa Group Ltdno datanot pricedno datano datano data—Yes
49Anchor Capitalof JSE-listed Anchor Group Ltdno datanot pricedno datano datano dataAdvisor-ledYes
50GT247.comof JSE-listed Purple Group Ltdno datanot priced01:25no data—Yes
51Investec Online / ClarityInvestec Bank Ltdno datanot pricedno datano datano data—Yes
52Nedbank Online Share TradingNedgroup Private Wealth…no datanot priced0no datano data—Yes
53Purple GroupPurple Group Ltdno datanot pricedno datano datano dataEasyPropertiesEasyCryptoEasyTraderYes
54Sanlam iTradeSanlam Private Wealth (Pty)…no datanot pricedno datano datano data—Yes
55Momentum Securitiesof Momentum Group Ltdno datanot pricedno datano datano data—Yes
56Rand SwissRand Swiss (Pty) Ltd, South…no datanot pricedno datano data0bondsETFs; forexYes

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 entityBrokers with a figureMax leverage · MedianRange
local
12 of 104
1:500geo1:200–1:5000
offshore
26 of 104
1:500geo1:200–1:3000
unclear
34 of 104
1:400geo1:20–1:3000

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)

  1. 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.
  2. 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.
  3. 3ScoreTreat a blank as a blank: 23 of 56 brokers here are missing at least one axis and are listed without a score.
  4. 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.
  5. 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.

Methodology

FAQ (4)

How many brokers are in this ranking?

56 of 104 of the 104 brokers in our South Africa base, and 33 of 56 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 brokers with local funding in south africa?

OctaFX with 4.26 of 5 and a round turn of 9.0 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.

  1. DataFirst publication: 56 brokers, 139 accounts, 81 priced.