We found 11 online brokers that are appropriate for Trading South Africa Currency Investment Platforms.

There is always an interesting story behind every currency on earth, and the South African currency is not an exception to this trend. The South African currency has come a long way from where it began. It was not until the 1980's that South Africa became a major news headline, and not for very positive reasons. Before then, nobody really knew much about the nation.
However, for historians, South Africa has always played a pivotal role in the African continent. South Africa was even a well-respected nation before the apartheid years came rolling in, which also contributed to part of what ruined the value of their currency.
The official currency of South Africa is known as the rand. It is mostly depicted as ZAR as the official symbol. Wherever you see ZAR in the foreign exchange market, it stands for the South African Rand. The name was coined from Witwatersrand, meaning White Water Bridge (this is where most the gold deposits in South Africa are). One hundred cents is what makes up one rand (denoted as R).
It will surprise you to learn that the rand first emerged in 1961. That was just prior to the establishment of the South African republic. The newly introduced rand served as a viable replacement to the existing South African pounds and at the time the ratio was 2:1 in favour of the outgoing pounds.
The rand and the US dollar had been moving neck and neck even till the early parts of 1970. As of then, R1.5 was equivalent to $1. However, that is no longer the case because the South African currency has gone through various transitions that made it much weaker. For instance, as of 1990, you needed R2.25 to exchange for $1. And by the time it was 1999, the exchange rate had fallen further to R6.14 to $1. Currently, it is even more than that.
The 1990's saw a number of political changes happen in South Africa. After the country had been subjected to an apartheid rule for a long time, the 90's witnessed a total change in the country’s political landscape.
One of the activists who spoke out against the apartheid regime was Nelson Mandela. He was actually jailed for 27 years for his views on the subject. In 1990, Nelson Mandela was made a free man, and four years later he ran for the post of president and he was successfully elected.
After the apartheid system was dismantled, the new South African notes were redesigned to reflect the changes that had taken place. Before that, the notes had showed people from the apartheid administration. Most of the newer banknotes were seen to display the nation’s wildlife. In 2012, the Nelson Mandela series was released; it was a bank rand note that showed the ex-president’s picture.
The South African Reserve Bank is in charge of all monetary issues in the nation. They are in charge of issuing its currency and this bank functions as a creditor, clearing bank and the main custodian of gold. Think of it as South Africa’s central bank. The bank is saddled with the main responsibility of ensuring economic stability in terms of prices and this may equally involve their intervention in the Foreign exchange market if needs be.
The South African Reserve Bank is privately owned by more than 800 shareholders. The shareholders own less than one percent of all outstanding shares. The goal is to make sure the nation’s economic interest is put first instead of that of any individual. For this policy to be actualised, the bank’s governor and 14 board members oversee the activities of the bank, while working to achieve various monetary objectives.
South Africa is a nation that has gone through some positive changes over time. From the apartheid regime, they have grown to become a more reputable nation where people’s rights are respected irrespective of their race. The South African rand we know today was introduced in 1961.
We have conducted extensive research and analysis on over multiple data points on South Africa Currency to present you with a comprehensive guide that can help you find the most suitable South Africa Currency. Below we shortlist what we think are the best South Africa Currency Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching South Africa Currency.
Selecting a reliable and reputable online South Africa Currency 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 South Africa Currency Investment Platforms more confidently.
Selecting the right online South Africa Currency Investment Platforms trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
When choosing a broker for South Africa Currency Investment Platforms trading, it's essential to compare the different options available to you. Our South Africa Currency Investment Platforms brokerage comparison table below allows you to compare several important features side by side, making it easier to make an informed choice.
By comparing these essential features, you can choose a South Africa Currency Investment Platforms broker that best suits your needs and preferences for South Africa Currency Investment Platforms. Our South Africa Currency Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top South Africa Currency Investment Platforms.
Compare South Africa Currency Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a South Africa Currency Investment Platforms broker, it's crucial to compare several factors to choose the right one for your South Africa Currency Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are South Africa Currency Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more South Africa Currency Investment Platforms that accept South Africa Currency Investment Platforms clients.
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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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| 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) (000261/27) 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) | Easy Forex Trading Ltd is regulated by CySEC ( License Number 079/07). Easy Forex Trading Ltd is the only entity that onboards EU clients, easyMarkets Pty Ltd is regulated by ASIC ( AFS License No. 246566), EF Worldwide Ltd in Seychelles is regulated by FSA ( License Number SD056), EF Worldwide Ltd in British Virgin Islands is regulated by FSC (License Number SIBA/L/20/1135), | 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+ |
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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 |
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| Learn More |
Sign
Up with icmarkets |
Sign
Up with roboforex |
Sign
Up with xtb |
Sign
Up with xm |
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Up with pepperstone |
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Up with avatrade |
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Up with fpmarkets |
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Up with easymarkets |
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Up with spreadex |
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Up with fxpro |
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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. 75.99% 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 |
You can compare South Africa Currency 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 South Africa Currency Investment Platforms for 2025 article further below. You can see it now by clicking here
We have listed top South Africa Currency Investment Platforms below.
Losses can exceed deposits