How Many Forex Traders In South Africa for 2025
We found 11 online brokers that are appropriate for Trading Forex In South Africa Investment Platforms.
How Many Forex Traders In South Africa Guide
Analysis by Andrew Blumer, Updated Last updated – June 22, 2025
How Many Forex Traders In South Africa
There are 56 million people roughly in South Africa, recent statistics show around 2 million people in South Africa have traded online.
That means that around 3.57% of all South Africans have at some point traded the financial markets using a trading platform.
When we study the number of active traders in South Africa the number is much lower. There are roughly 200,000 active Forex traders in South Africa. South Africa is the single largest Forex trading market in all of Africa.
There are so many Forex traders in South Africa. Each have their own strategy and way of trading.
If you are considering trading the Forex markets in South Africa, check out several Forex trading platform websites and sign up for multiple free demo Forex accounts. You might get more information about how their services work from reading their testimonials and blogs. However, you also have to know what exactly you can expect from specific Forex software or systems. This is why you have to check out as much information as possible before trading with real money.
Forex Trading Demand In SA
Forex trading has become a prevalent business in South Africa, with more investors coming to the country to tap into its vast trading potential. The currency value of the South African rand has gone up considerably over the last few years. The rapid economic growth in the country has also encouraged more people to invest in foreign companies. Forex trading is one of the most lucrative businesses around. Various investors and traders in the country are looking for a business opportunity to provide them with a steady income.
The demand for foreign currency is closely connected to the value of the national currency. The economic boom in the country has led to the depreciation of the rand against the dollar. It has led to an increase in the demand for the dollars previously used to purchase imported goods. The South African currency is also highly appreciated in the global market. The relative values of the currencies of different countries also rise along with the demand for the local currency.
There is a sharp increase in the number of people taking part in foreign currency trading. The rise in demand for foreign currencies is due to an increase in the purchasing power of rands in the country. The South African rand is appreciated in the international market, also affected by the political stability in the country. Political stability and a stable economy are essential for the successful performance of Forex trading. If there is no stability, there can be no demand for Forex trading in SA.
Overview Of Forex Trading In Africa
If you are looking for an overview of Forex trading in Africa, you must first know more about the country and the economy that supports it. The two main currencies traded here are the South African rand and the Nigerian Lagos unified currency. These are the main economic factors behind the growth of Forex trading in Africa. Africa is a major oil producer and has several geothermal resources in its possession. It has given rise to a huge demand for oil and gas in the country.
There are millions of Forex investors in Africa. South Africa and Nigeria account for almost half of this figure, followed by Egypt, Namibia, Angola, Thailand, and Zimbabwe. Forex trading is gradually gaining ground, including Kenya, Egypt, Mozambique, Zambia, and Tanzania. However, there are a few countries where investors have already started to look at investing. These include Botswana, Kenya, Tanzania, and Uganda.
One of the major reasons for the sudden development of Forex trading in Africa can be traced to the fact that the African countries have cracked the whip in implementing regulatory policies aimed at restricting the activities of fraudulent currency dealers. Although the governments of many African countries might have taken some initial steps to curb the activities of Forex brokers in their territories, the government departments and agencies are yet to strengthen them further. This situation has resulted in investors' success in Africa, most of them enjoying profits through their investment activities in Africa. This growth of Forex trading in Africa has further created a situation where the investors need not wait for the governments of different African countries to improve their regulatory policies. They can start trading from any of the well known online platforms available in the Forex market.
Forex Regulation In South Africa
South Africa is now one of the biggest and most promising Forex destinations globally. Thanks to a mixture of several factors such as an abundant supply of skilled brokers, high demand for Forex trades in the local market, and a strong regulatory body, South Africa has quickly become one of the best destinations for Forex trades in the world. However, things are not as rosy with Forex Regulation in South Africa. Even though the country has a solid regulatory body, the competition between Forex brokers has been quite fierce, causing some unscrupulous traders to take advantage of the lack of Forex Regulation in South Africa.
Since its inception, the country of South Africa has always been known for its strong international political and economic presence. It is not surprising that people are attracted to the country's favourable position in the financial markets being located at the forefront of global business and trade. As a result, there has been an influx of many investment and financial institutions in South Africa. Consequently, it has resulted in a significant inflow of demand for Forex products and services and an increase in the number of Forex brokers.
We have conducted extensive research and analysis on over multiple data points on How Many Forex Traders In South Africa to present you with a comprehensive guide that can help you find the most suitable How Many Forex Traders In South Africa. Below we shortlist what we think are the best Forex Trading In South Africa Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching How Many Forex Traders In South Africa.
Reputable How Many Forex Traders In South Africa Checklist
Selecting a reliable and reputable online Forex Trading In South Africa Investment Platforms trading brokerage involves assessing their track record, regulatory status, customer support, processing times, international presence, and language capabilities. Considering these factors, you can make an informed decision and trade Forex Trading In South Africa Investment Platforms more confidently.
Selecting the right online Forex Trading In South Africa Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen Forex Trading In South Africa Investment Platforms broker has a solid track record of at least two years in the industry.
- Verify that the Forex Trading In South Africa Investment Platforms broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the Forex Trading In South Africa Investment Platforms broker operates under the regulatory framework of a jurisdiction that can hold it accountable for any misconduct or resolve disputes fairly and impartially.
- Ensure that the Forex Trading In South Africa Investment Platforms broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for Forex Trading In South Africa Investment Platforms brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the Forex Trading In South Africa Investment Platforms broker can hire staff from diverse locations worldwide who can communicate fluently in your local language.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
Compare Key Features of Forex Trading In South Africa Investment Platforms in Our Brokerage Comparison Table
When choosing a broker for Forex Trading In South Africa Investment Platforms trading, it's essential to compare the different options available to you. Our Forex Trading In South Africa Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
- Minimum deposit requirement for opening an account with each Forex Trading In South Africa Investment Platforms broker.
- The funding methods available for Forex Trading In South Africa Investment Platforms with each broker.
- The types of instruments you can trade with each Forex Trading In South Africa Investment Platforms broker, such as forex, stocks, commodities, and indices.
- The trading platforms each Forex Trading In South Africa Investment Platforms broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each Forex Trading In South Africa Investment Platforms broker affects the cost of trading.
- The level of customer support each Forex Trading In South Africa Investment Platforms broker offers, including their availability, responsiveness, and quality of service.
- Whether each Forex Trading In South Africa Investment Platforms broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a Forex Trading In South Africa Investment Platforms broker that best suits your needs and preferences for Forex Trading In South Africa Investment Platforms. Our Forex Trading In South Africa Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 Forex Trading In South Africa Investment Platforms of 2025 compared
Here are the top Forex Trading In South Africa Investment Platforms.
Compare Forex Trading In South Africa Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a Forex Trading In South Africa Investment Platforms broker, it's crucial to compare several factors to choose the right one for your Forex Trading In South Africa Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are Forex Trading In South Africa Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more Forex Trading In South Africa Investment Platforms that accept Forex Trading In South Africa Investment Platforms clients.
| Broker |
IC Markets
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Roboforex
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XTB
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XM
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Pepperstone
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AvaTrade
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FP Markets
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EasyMarkets
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SpreadEx
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FXPro
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Admiral
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| Rating | |||||||||||
| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) | FCA (Financial Conduct Authority) (190941), Gambling Commission (Great Britain) (8835) | FCA (Financial Conduct Authority) (509956), CySEC (Cyprus Securities and Exchange Commission) (078/07), FSCA (Financial Sector Conduct Authority) (45052), SCB (Securities Commission of The Bahamas) (SIA-F184), FSA (Financial Services Authority of Seychelles) (SD120) | Financial Conduct Authority (FCA) (595450), Cyprus Securities and Exchange Commission (CySEC)(310328), FSA (Financial Services Authority of Seychelles) (SD073) |
| Min Deposit | 200 | 10 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 | 1 |
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| Used By | 200,000+ | 730,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ | 30,000+ |
| Benefits |
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| Accounts |
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| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 | Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingView | MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTrader |
| Support |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with xtb |
Sign
Up with xm |
Sign
Up with pepperstone |
Sign
Up with avatrade |
Sign
Up with fpmarkets |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
Sign
Up with admiralmarkets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 69% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk | 65% of retail CFD accounts lose money | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider | Losses can exceed deposits |
| Demo |
IC Markets Demo |
Roboforex Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro Demo |
Admiral Markets Demo |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, IN, PK, BD, NG , ID, BE, AU | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE | US, TR | US, CA, IR | US, CA, JP, SG, MY, JM, IR, TR |
All Forex Trading In South Africa Investment Platforms in more detail
You can compare Forex Trading In South Africa Investment Platforms ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
We also have an indepth Top Forex Trading In South Africa Investment Platforms for 2025 article further below. You can see it now by clicking here
We have listed top Forex Trading In South Africa Investment Platforms below.
How Many Forex Traders In South Africa Table of Contents
- How Many Forex Traders In South Africa Explained
- 6 Factors to Consider when Choosing How Many Forex Traders In South Africa
- Are Your How Many Forex Traders In South Africa Trusted And Established?
- Are The How Many Forex Traders In South Africa World Leading?
- What are the How Many Forex Traders In South Africa Commissions and Fees?
- What are the How Many Forex Traders In South Africa Funding and Withdrawl Methods?
- Find How Many Forex Traders In South Africa with Round-the-clock support?
- Make sure the How Many Forex Traders In South Africa Offer Comprehensive Trader resources?
- Why How Many Forex Traders In South Africa needs to be regulated?
- How Many Forex Traders In South Africa FAQ
- What are the best Forex Trading In South Africa Investment Platforms brokers?
- What is the best Forex Trading In South Africa Investment Platform broker?
- Related How Many Forex Traders In South Africa Reviews
- Related How Many Forex Traders In South Africa Alternatives
- Related How Many Forex Traders In South Africa Comparisons
How Many Forex Traders In South Africa Explained
Trading volatile financial markets with How Many Forex Traders In South Africa can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by How Many Forex Traders In South Africa to ensure a successful trading experience.
Selecting How Many Forex Traders In South Africa at the forefront of innovation and considered an industry leader is crucial. Doing so will ensure you are equipped with the tools and features to navigate volatile How Many Forex Traders In South Africa markets effectively.
Reliability is key to gaining access to financial markets. Look for How Many Forex Traders In South Africa that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with How Many Forex Traders In South Africa confidently.
6 Factors to Consider when Choosing How Many Forex Traders In South Africa
Follow these five rules for selecting How Many Forex Traders In South Africa that are right for you:
Are Your How Many Forex Traders In South Africa Trusted And Established?
Search for a reputable How Many Forex Traders In South Africa with a extensive proven track record for How Many Forex Traders In South Africa, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated How Many Forex Traders In South Africa broker is IC Markets. Established in 2007, and in operation for 18 years IC Markets have a head office in Australia.
IC Markets is regulated. This means IC Markets are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 16 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Seychelles Financial Services Authority (FSA) (SD018) regulatory bodies.
| Broker |
IC Markets
|
Roboforex
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2002 | 2009 | 2010 | 2006 | 2005 | 2001 |
| Head Office | Australia | Belize | Poland | Cyprus | Australia | Ireland | Australia | Cyprus, Australia |
| Regulation | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority reference 522157), CySEC (Cyprus Securities and Exchange Commission reference 169/12), FSCA (Financial Sector Conduct Authority), XTB AFRICA (PTY) LTD licensed to operate in South Africa, KPWiG (Polish Securities and Exchange Commission), DFSA (Dubai Financial Services Authority), DIFC (Dubai International Financial Center), CNMV (Comisión Nacional del Mercado de Valores), KNF (Komisja Nadzoru Finansowego), IFSC (Belize International Financial Services Commission license number IFSC/60/413/TS/19) | Financial Services Commission (FSC) (000261/4) XM ZA (Pty) Ltd, Cyprus Securities and Exchange Commission (CySEC) (license 120/10) Trading Point of Financial Instruments Ltd, Australian Securities and Investments Commission (ASIC) (number 443670) Trading Point of Financial Instruments Pty Ltd | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Australian Securities and Investments Commission (ASIC) Ava Capital Markets Australia Pty Ltd (406684), South African Financial Sector Conduct Authority (FSCA) Ava Capital Markets Pty Ltd (45984), Financial Services Agency (Japan FSA) Ava Trade Japan K.K. (1662), Financial Futures Association of Japan (FFAJ),, FFAJ, Abu Dhabi Global Markets (ADGM)(190018) Ava Trade Middle East Ltd (190018), Polish Financial Supervision Authority (KNF) AVA Trade EU Ltd, Central Bank of Ireland (C53877) AVA Trade EU Ltd, British Virgin Islands Financial Services Commission (BVI) BVI (SIBA/L/13/1049), Israel Securities Association (ISA) (514666577) ATrade Ltd, Financial Regulatory Services Authority (FRSA) | CySEC (Cyprus Securities and Exchange Commission) (371/18), ASIC AFS (Australian Securities and Investments Commission) (286354), FSP (Financial Sector Conduct Authority in South Africa) (50926), Financial Services Authority Seychelles (FSA) (130) | Cyprus Securities and Exchange Commission (CySEC) (079/07) Easy Forex Trading Ltd, Australian Securities and Investments Commission (ASIC) (Easy Markets Pty Ltd 246566), British Virgin Islands Financial Services Commission (BVI) EF Worldwide Ltd (SIBA/L/20/1135), Financial Sector Conduct Authority South Africa (FSA) EF Worldwide (PTY) Ltd (54018), FSC (Financial Services Commission) (SIBA/L/20/1135), FSCA (Financial Sector Conduct Authority) (54018) |
| Used By | 200,000+ | 730,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Guaranteed Stop Loss | No | No | No | No | Yes | No | No | Yes |
| Learn More | Visit IC Markets | Visit Roboforex | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit easyMarkets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 69% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk |
Are The How Many Forex Traders In South Africa World Leading?
Opt for How Many Forex Traders In South Africa that set themselves apart as an industry leader by actively embracing innovation. Take IC Markets as an example, which is renowned for Segregates clients funds and boasts an extensive array of 2250 tradable instruments. Moreover, IC Markets caters to the needs of its clients with both an online trading platform and a mobile application, making it incredibly convenient to access the markets from anywhere, at any time.
In addition, the IC Markets platform enables access to a variety of financial markets worldwide. IC Markets is a world-leader when it comes to innovation and they are always looking at ways to improve and to maintain their competitive advantage.
Another good choice when looking for How Many Forex Traders In South Africa is Roboforex. Roboforex Segregates clients funds and offers over 12000 instruments.
| Broker |
IC Markets
|
Roboforex
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XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
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|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 12000 | 6000 | 1000 | 1200 | 1000 | 10000 | 275 |
| Platforms | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play) | MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile Apps | MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play) | MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play) | easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5 |
| Excluded Countries | US, IR, CA, NZ, JP | AU, BE, BQ, BR, CA, CW, CZ, DE, ES, EE, EU, FM, FR, FI, GW, ID, IR, JP, LR, MP, NL, PF, PL, RU, SE, SJ, SS, SL, SI, TL, TR, DO, US, IT, AT, PT, BG, HR, CY, DK, FL, GR, IE, LV, LT, MT, RO, SK, CH | US, AU, CA, JP, KR, KP, SG, MU, IL, TR, IN, PK, BA, ET, UG, CU, SY, BD, NG, ID, BE, LY, MO, KE, YE, VU, GY, CD, CG, AF, LA, MZ, IQ, IR | US, CA, IL, IR | AF, AS, AQ, AM, AZ, BY, BE, BZ, BT, BA, BI, CM, CA, CF, TD, CG, CI, ER, GF, PF, GP, GU, GN, GW, GY, HT, VA, IR, IQ, JP, KZ, LB, LR, LY, ML, MQ, YT, MZ, MM, NZ, NI, KP, PS, PR, RE, KN, LC, VC, WS, SO, GS, KR, SS, SD, SR, SY, TJ, TN, TM, TC, US, VU, VG, EH, ES, YE, ZW, ET | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US, IL, BC, MB, QC, ON, AF, BY, BI, KH, KY, TD, KM, CG, CU, CD, GQ, ER, FJ, GN, GW, HT, IR, IQ, LA, LY, MZ, MM, NI, KP, PW, PA, RU, SO, SS, SD, SY, TT, TM, VU, VE, YE |
| Forex pairs offered | 61 | 35 | 57 | 55 | 70 | 55 | 70 | 150 |
| Forex pairs offered | 61 | 35 | 57 | 55 | 70 | 55 | 70 | 150 |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Exotic forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Cryptocurrencies (availability subject to regulation) | Yes | No | No | No | Yes | Yes | Yes | Yes |
| Commodities Offered | 20 | 21 | 21 | 15 | 16 | 17 | 18 | 12 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | Yes | Yes |
| Agricultural | Yes | No | Yes | No | Yes | Yes | Yes | Yes |
| Stocks Offered | 2100 | 0 | 1696 | 160 | 1100 | 1000 | 10000 | 52 |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
What are the How Many Forex Traders In South Africa Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated How Many Forex Traders In South Africa broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated How Many Forex Traders In South Africa broker Roboforex offers Forex, CFDs. Roboforex minimum deposit is 10. Please note that any cryptocurrency availability with any broker is subject to regulation.
| Broker |
IC Markets
|
Roboforex
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 0 | 5 | 0 | 100 | 100 | 25 |
| Withdrawl Fees | No | No | Yes | No | No | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | No | Yes | No | No |
| Deposit Fees | No | No | No | No | No | No | No | No |
| CFD Commission Fees | Yes | No | Yes | No | Yes | No | Yes | No |
What are the How Many Forex Traders In South Africa Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with How Many Forex Traders In South Africa. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with How Many Forex Traders In South Africa.
| Broker |
IC Markets
|
Roboforex
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Paypal | Yes | No | Yes | No | Yes | Yes | Yes | No |
| Skrill | Yes | No | Yes | No | Yes | No | Yes | Yes |
| Payoneer | No | Yes | Yes | No | Yes | Yes | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find How Many Forex Traders In South Africa with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with How Many Forex Traders In South Africa.
How Many Forex Traders In South Africa customer service entails various support services to aid customers in making the most cost-effective and appropriate use of the brokers' services.
The customer support options offered by How Many Forex Traders In South Africa can include phone answering services, live chat support, and email customer service support.
IC Markets support a wide range of languages including English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
Roboforex support a wide range of languages including English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian
IC Markets and Roboforex offer support where clients are able to call or contact the helpdesk via email or a chat service.
| Broker |
IC Markets
|
Roboforex
|
XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
|
EasyMarkets
|
|---|---|---|---|---|---|---|---|---|
| Support |
|
|
|
|
|
|
|
|
| Languages | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish | Arabic, Chinese, English, French, German, Greek, Hindi, Hungarian, Indonesian, Italian, Japanese, Korean, Malay, Polish, Portuguese, Russian, Spanish, Swedish, Thai, and Turkish | English, Spanish, Portuguese, Thai, Russian, Italian, French, German, Polish, Chinese, Vietnamese, and Arabic | Arabic, Simplified Chinese, Traditional Chinese, Dutch, English, Finnish, French, German, Hungarian, Italian, Indonesian, Japanese, Mongolian, Polish, Portuguese, Russian, Spanish, Swedish, Thai, Malay, Korean and Turkish | English, Arabic, Indonesian, Italian, Spanish, French, Russian, Chinese, Japanese, German, Portuguese, Thai, French, Malay, Greek, Vietnamese, Romanian, Turkish, Slovenian, Dutch, Polish, Finnish, Norwegian, Swedish, Serbian, Lithuanian, Hungarian, Galician, Estonian, Danish, Czech, Croatian, Bulgarian, Basque | English, German, Arabic, Chinese, Spanish and Polish |
| Learn More | Visit IC Markets | Visit Roboforex | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit easyMarkets |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 69% - 80% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.12% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 75-95 % of retail investor accounts lose money when trading CFDs | 71% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | Your capital is at risk |
Make sure the How Many Forex Traders In South Africa Offer Comprehensive Trader resources?
It's important to ensure your How Many Forex Traders In South Africa provide complimentary resources such as analysis, education, and risk management tools. IC Markets and Roboforex collaborate with top analysts to bring the most up-to-date news and insights to traders.
Sound risk and money management are vital to financial market navigation with How Many Forex Traders In South Africa. However, selecting the best broker to access the markets is a critical step that traders should not overlook as they embark on trading live financial markets with How Many Forex Traders In South Africa.
Why How Many Forex Traders In South Africa needs to be regulated?
Regulated How Many Forex Traders In South Africa lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated How Many Forex Traders In South Africa.
Consumers are protected by How Many Forex Traders In South Africa regulation, critical to preventing inadequate services and potential financial harm.
Regulation of How Many Forex Traders In South Africa is necessary to prevent fraud. The How Many Forex Traders In South Africa working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with How Many Forex Traders In South Africa is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
How Many Forex Traders In South Africa List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading CentralCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), WindowsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, Mirror Trader, Web Trader, Tablet, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT5 WebTrader, XM Apple App for iPhone, XM App for Android Google Play, Tablet: MT5 for iPad, MT5 for Android Google Play, XM App for iPad, XM App for iOS (App Store), Android (Google Play), Mobile AppsCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account XM Swap-Free account (XM Ultra Low Account) VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader,WebTrader, TradingView, Windows, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account Pro Account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Web Trading, AvaTrade App, AvaOptions, Mac Trading, AvaSocial, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, TradingView, cTrader, WebTrader, Mobile Trader, Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
easyMarkets App, Mobile Apps, iOS (App Store), Android (Google Play), Web Platform, TradingView, MT4, MT5Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
Web, Mobile Apps, iOS (App Store), Android (Google Play), iPad App, iPhone App, TradingViewCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, cTrader, FxPro WebTrader, FxPro Mobile Apps, iOS (App Store), Android (Google Play)Customer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT5, MT4, MetaTrader WebTrader, Admirals Mobile Apps, iOS (App Store), Android (Google Play), Admirals Platform, StereoTraderCustomer support
Live chat Phone support Email supportAccount Types
Micro account Standard account ECN accountIslamic account VIP account
Learn more
Losses can exceed deposits
Losses can exceed deposits