South Africa Forex Brokers Regulation for 2024
We found 11 online brokers that are appropriate for Trading South Africa Forex Brokers.
South Africa Forex Brokers Regulation Guide
Analysis by Andrew Blumer, Updated Last updated - April 21, 2024
South Africa Forex Brokers Regulation
South Africa is indeed a great country with its fantastic economy.
The country is open to trade with the USA, Europe, as well as Asian countries. It has the biggest African Forex market with over $20 billion back in 2018. South African Rand ranks 19th in worldwide trading.
It has been one of the most interesting trading places for avid Forex players. There is plenty of opportunities that you can attain from the South African Forex market.
The Forex brokers have targeted traders in the Europe, US, and Asian countries. But many have also turned to South Africa since it has been increasingly appealing in terms of economic growth.
The Forex Regulations in South Africa
Forex trading is authorized and regulated by the official financial authority in South Africa the FSCA.
FSCA South Africa
FSCA - Finance Service Conduct Authority creates and monitors Forex trading regulation, making sure that the traders and brokers will conduct the trading activities with the compliance to FSCA regulation.
All African brokerages should be compliant to the FSCA licenses. If you are trading from South Africa using the non-African brokerages, you will want to make sure that they are FSCA-licensed so that your activity will be protected and assured by the legal entities.
The brokerages which offer securities like CFDs will need to ensure their traders are able to cope with the risks and volatility of the market.
If you are interested in the derivative securities, you could access the Johannesburg Stock Market to attain the securities. You will want to assess the stock market first before proceeding to trade the securities. Stocks in the Johannesburg Stock Exchange also come with volatility and risks to consider.
The citizens of South Africa are not allowed to trade non-FSCA-licensed foreign brokerage platforms. The only solution which you can take is that you could join a brokerage which has at least one license in one of these jurisdictions: UK, Australia, and Cyprus.
Regulations to Check in South Africa
In South Africa, there are two entities which have specific missions in protecting the traders and brokers.
FSCA oversees the Forex brokerages and other financial institutions and companies. FSCA is held as being responsible for approving firms which can operate in South Africa.
FSCA is the one which issues the licenses and sanction for the relevant financial companies.
Besides FSCA, there is another regulatory entity which is named the Prudential Authority. Prudential Authority monitors the financial activities which are conducted by the various financial companies and institutions except for the banks in the country.
Therefore, its main objective is to oversee the non-banking financial institutions.
On the other side, the South Africa's Reserve Bank also has a pivotal role in the trading. They hold the responsibility to maintain the financial markets at a stable status.
Forex Account Deposit
Depositing into a South African trading account is very easy. You will just need to deposit through your bank or use your credit card. The suggestion would be to proceed with a bank transfer as it is much safer than sharing your credit card information.
The brokerages located in South Africa have been evolving their payment experience by accepting digital transfers such as Neteller, Skrill, etc. It would be much easier for you to deposit if you have one of these payment accounts..
You can also send the funds directly from your bank account. Depending on the brokerage platform you are joining, you will want to look up to the bank and fill out all the information needed to proceed.
South African brokerages Forex trading software
You will need to use decent trading software to trade currencies.
Depending on the brokerages you choose, you might need to pick and install the software on your desktop PC or laptop.
You can also trade with mobile trading apps, allowing you to access trading services anywhere, anytime you want.
If you are not sure about the best brokerage, you could try demo accounts first. Most of the brokerages offer demo accounts which mimic the real market conditions.
In this opportunity you will be able to use the demo account and test to trade with virtual money.
This means you do not need to spend your actual money when trying the platform. Demo accounts do not only give you the chance to test the features and performances of the platform, but also test the water.
Therefore, you will be able to use the working strategies and mitigate the risks by using the right services.
Trade Through mobile devices in South Africa
Most people who are aware of the tech of Forex trading will mostly consider using their smartphones to execute trades online. If you are mobile and want to trade while on the go, choosing a brokerage which comes with a mobile app will be beneficial.
We have conducted extensive research and analysis on over multiple data points on South Africa Forex Brokers Regulation to present you with a comprehensive guide that can help you find the most suitable South Africa Forex Brokers Regulation. Below we shortlist what we think are the best South Africa Forex Brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching South Africa Forex Brokers Regulation.
Reputable South Africa Forex Brokers Regulation Checklist
Selecting a reliable and reputable online South Africa Forex Brokers 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 Forex Brokers more confidently.
Selecting the right online South Africa Forex Brokers trading brokerage requires careful consideration of several critical factors. Here are some essential points to keep in mind:
- Ensure your chosen South Africa Forex Brokers broker has a solid track record of at least two years in the industry.
- Verify that the South Africa Forex Brokers broker has a customer support team of at least 15 members responsive to queries and concerns.
- Check if the South Africa Forex Brokers 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 South Africa Forex Brokers broker can process deposits and withdrawals within two to three days, which is crucial when you need to access your funds quickly.
- Look for South Africa Forex Brokers brokers with an international presence in multiple countries, offering its clients local seminars and training programs.
- Ensure the South Africa Forex Brokers 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 South Africa Forex Brokers in Our Brokerage Comparison Table
When choosing a broker for South Africa Forex Brokers trading, it's essential to compare the different options available to you. Our South Africa Forex Brokers 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 South Africa Forex Brokers broker.
- The funding methods available for South Africa Forex Brokers with each broker.
- The types of instruments you can trade with each South Africa Forex Brokers broker, such as forex, stocks, commodities, and indices.
- The trading platforms each South Africa Forex Brokers broker provides, including their features, ease of use, and compatibility with your devices.
- The spread type (if applicable) for each South Africa Forex Brokers broker affects the cost of trading.
- The level of customer support each South Africa Forex Brokers broker offers, including their availability, responsiveness, and quality of service.
- Whether each South Africa Forex Brokers broker offers Micro, Standard, VIP, or Islamic accounts to suit your trading style and preferences.
By comparing these essential features, you can choose a South Africa Forex Brokers broker that best suits your needs and preferences for South Africa Forex Brokers. Our South Africa Forex Brokers broker comparison table simplifies the process, allowing you to make a more informed decision.
Top 15 South Africa Forex Brokers of 2024 compared
Here are the top South Africa Forex Brokers.
Compare South Africa Forex Brokers brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a South Africa Forex Brokers broker, it's crucial to compare several factors to choose the right one for your South Africa Forex Brokers needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are South Africa Forex Brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more South Africa Forex Brokers that accept South Africa Forex Brokers 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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NordFX
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EasyMarkets
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SpreadEx
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FXPro
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| Rating | |||||||||||
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. 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), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | 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), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI) | Financial Conduct Authority (FCA) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of the Bahamas (SCB) |
| Min Deposit | 200 | 10 | No minimum deposit | 5 | 200 | 100 | 100 | 1 | 100 | 1 | 100 |
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| Used By | 180,000+ | 1,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ | 142,500+ | 10,000+ | 1,866,000+ |
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| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps | MT4, MT5, Web Trader, TradingView, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
| 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 nordfx |
Sign
Up with easymarkets |
Sign
Up with spreadex |
Sign
Up with fxpro |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76-85% 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. 72.89% 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 | Losses can exceed deposits | Your capital is at risk | Losses can exceed deposits | 75.78% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider |
| Demo |
IC Markets Demo |
Roboforex Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets Demo |
NordFX Demo |
easyMarkets Demo |
SpreadEx Demo |
FxPro 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, CA, EU, RU, SY, KP, CU | 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 |
All South Africa Forex Brokers in more detail
You can compare South Africa Forex Brokers 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 Forex Brokers for 2024 article further below. You can see it now by clicking here
We have listed top South Africa Forex Brokers below.
South Africa Forex Brokers Regulation Table of Contents
- South Africa Forex Brokers Regulation Explained
- 6 Factors to Consider when Choosing South Africa Forex Brokers Regulation
- Are Your South Africa Forex Brokers Regulation Trusted And Established?
- Are The South Africa Forex Brokers Regulation World Leading?
- What are the South Africa Forex Brokers Regulation Commissions and Fees?
- What are the South Africa Forex Brokers Regulation Funding and Withdrawl Methods?
- Find South Africa Forex Brokers Regulation with Round-the-clock support?
- Make sure the South Africa Forex Brokers Regulation Offer Comprehensive Trader resources?
- Why South Africa Forex Brokers Regulation needs to be regulated?
- South Africa Forex Brokers Regulation FAQ
- What are the best South Africa Forex Brokers brokers?
- What is the best South Africa Forex B broker?
- Related South Africa Forex Brokers Regulation Reviews
- Related South Africa Forex Brokers Regulation Alternatives
- Related South Africa Forex Brokers Regulation Comparisons
South Africa Forex Brokers Regulation Explained
Trading volatile financial markets with South Africa Forex Brokers Regulation can be challenging, even for experienced traders. In addition to the online educational resources available, traders should consider the platform offered by South Africa Forex Brokers Regulation to ensure a successful trading experience.
Selecting South Africa Forex Brokers Regulation 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 South Africa Forex Regulation markets effectively.
Reliability is key to gaining access to financial markets. Look for South Africa Forex Brokers Regulation that you can rely on to provide a stable and secure trading environment, allowing you to execute trades with South Africa Forex Brokers Regulation confidently.
6 Factors to Consider when Choosing South Africa Forex Brokers Regulation
Follow these five rules for selecting South Africa Forex Brokers Regulation that are right for you:
Are Your South Africa Forex Brokers Regulation Trusted And Established?
Search for a reputable South Africa Forex Brokers Regulation with a extensive proven track record for South Africa Forex Regulation, enabling you to focus solely on implementing your trading strategy and navigating the markets with confidence. The top rated South Africa Forex Regulation broker is IC Markets. Established in 2007, and in operation for 12 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 Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
Another top rated broker is Roboforex.
Roboforex was established 2009, and in operation for 9 years Roboforex have a head office in Belize.
Roboforex is regulated. This means Roboforex are supervised by and is checked for conduct by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) regulatory bodies.
| Broker |
IC Markets
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Roboforex
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XTB
|
XM
|
Pepperstone
|
AvaTrade
|
FP Markets
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NordFX
|
|---|---|---|---|---|---|---|---|---|
| Year Established | 2007 | 2009 | 2002 | 2009 | 2010 | 2006 | 2005 | 2008 |
| Head Office | Australia | Belize | Poland | Cyprus | Australia | Ireland | Australia | Mauritius |
| Regulation | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | RoboForex Ltd is regulated by the FSC, license 000138/437, reg. number 128.572. 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), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | 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), ASIC (406684), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), The Financial Services Agency (JAPAN FSA), Financial Futures Association of Japan (FFAJ), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), Polish Financial Supervision Authority (KNF), Israel Securities Association (ISA), British Virgin Islands Financial Services Commission (BVI), BVI (SIBA/L/13/1049), Central Bank of Ireland | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), FSCA (FSP Number 50926), Capital Markets Authority (CMA), Securities Commission of the Bahamas (SCB) | Cyprus Securities and Exchange Commission (CySEC), License No: 209/13, VFSC registration number 15008 |
| Used By | 180,000+ | 1,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 300,000+ | 10,000+ | 10,000+ |
| Negative balance protection | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Guaranteed Stop Loss | No | No | No | No | No | No | No | |
| Learn More | Visit IC Markets | Visit Roboforex | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit NordFX |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76-85% 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. 72.89% 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 | Losses can exceed deposits |
Are The South Africa Forex Brokers Regulation World Leading?
Opt for South Africa Forex Brokers Regulation 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 South Africa Forex Brokers Regulation is Roboforex. Roboforex Segregates clients funds and offers over 100 instruments.
| Broker |
IC Markets
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Roboforex
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XTB
|
XM
|
Pepperstone
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AvaTrade
|
FP Markets
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NordFX
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|---|---|---|---|---|---|---|---|---|
| Instruments Available | 2250 | 100 | 5600 | 1000 | 1200 | 1250 | 290 | 50 |
| Platforms | MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, Android | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, cTrader, IRESS, Mac, Web Trader, Tablet & Mobile apps | MT4, MT5, Tablet & Mobile apps |
| 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, CA, EU, RU, SY, KP, CU |
| Forex pairs offered | 61 | 35 | 57 | 55 | 70 | 55 | 70 | |
| Forex pairs offered | 61 | 35 | 57 | 55 | 70 | 55 | 70 | |
| Major forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Minor forex pairs | Yes | Yes | Yes | Yes | Yes | Yes | Yes | |
| Exotic forex pairs | 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 | 0 |
| Metals | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Energies | Yes | No | Yes | Yes | Yes | Yes | Yes | No |
| Agricultural | Yes | No | Yes | No | Yes | Yes | Yes | No |
| Stocks Offered | 2100 | 0 | 1696 | 160 | 1100 | 1000 | 10000 | |
| UK Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| US Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| German Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Japanese Shares | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
What are the South Africa Forex Brokers Regulation Commissions and Fees?
Ensure that your broker is transparent with fees and those dues are competitive.
The best rated South Africa Forex Regulation broker IC Markets offers competitive offers for Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies. IC Markets minimum deposit is 200.
Another top rated South Africa Forex Regulation 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
|
NordFX
|
|---|---|---|---|---|---|---|---|---|
| Min Deposit | 200 | 10 | 0 | 5 | 200 | 100 | 100 | 1 |
| Withdrawl Fees | No | Yes | varies | No | No | No | No | No |
| Inactivity Fees | No | No | Yes | Yes | No | No | No | No |
| Deposit Fees | Varies | No | No | No | No | No | Yes | No |
| CFD Commission Fees | Yes | No | Yes | No | Yes | No | Yes | Yes |
What are the South Africa Forex Brokers Regulation Funding and Withdrawal Methods?
Efficient and hassle-free funding and withdrawal facilities can significantly improve your overall trading experience when dealing with South Africa Forex Brokers Regulation. It streamlines the trading process and helps you focus on making informed decisions rather than worrying about deposit and withdrawal matters with South Africa Forex Brokers Regulation.
| 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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NordFX
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| Bank transfer | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Credit Cards | Yes | Yes | Yes | Yes | Yes | Yes | Yes | No |
| Paypal | Yes | No | Yes | No | Yes | Yes | Yes | No |
| Skrill | Yes | No | Yes | No | Yes | No | Yes | No |
| Payoneer | No | Yes | Yes | No | Yes | Yes | No | No |
| Neteller | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Find South Africa Forex Brokers Regulation with Round-the-clock support?
Effective customer service is an essential factor to consider when dealing with South Africa Forex Brokers Regulation.
South Africa Forex Brokers Regulation 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 South Africa Forex Brokers Regulation 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
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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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NordFX
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| 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 | Indian, Chinese, Arabic, Brazilian, English, Spanish, Russian |
| Learn More | Visit IC Markets | Visit Roboforex | Visit XTB | Visit XM | Visit Pepperstone | Visit AvaTrade | Visit FP Markets | Visit NordFX |
| Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 76-85% 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. 72.89% 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 | Losses can exceed deposits |
Make sure the South Africa Forex Brokers Regulation Offer Comprehensive Trader resources?
It's important to ensure your South Africa Forex Brokers Regulation 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 South Africa Forex Brokers Regulation. 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 South Africa Forex Brokers Regulation.
Why South Africa Forex Brokers Regulation needs to be regulated?
Regulated South Africa Forex Brokers Regulation lowers your risk of loss of deposited trading funds.
Lowering your risk is one of the benefits of working with a properly regulated South Africa Forex Brokers Regulation.
Consumers are protected by South Africa Forex Brokers Regulation regulation, critical to preventing inadequate services and potential financial harm.
Regulation of South Africa Forex Brokers Regulation is necessary to prevent fraud. The South Africa Forex Brokers Regulation working capital and client-funded accounts must be kept separate to avoid conducting business with client funds. Any fraudulent behaviour with South Africa Forex Brokers Regulation is monitored by financial regulators in the jurisdictions brokers are allowed to operate.
South Africa Forex Brokers Regulation List
Funding methods
Bank transfer Credit Card PaypalPlatforms
MT4, MT5, Mirror Trader, Web Trader, cTrader, Windows, Mac, iOS, AndroidCustomer 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, Mac, Web Trader, Tablet & Mobile appsCustomer 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 appsCustomer 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, Mac, Web Trader, Tablet & 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, TradingView, DupliTrade, myFXbook, Mac, Web Trader, cTrader, Tablet & Mobile appsCustomer 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
Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, DupliTrade, ZuluTrade, Mobile Apps, ZuluTrade, DupliTrade, MQL5Customer 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, IRESS, Mac, Web Trader, Tablet & Mobile appsCustomer 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, Tablet & Mobile appsCustomer 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, Web Trader, TradingView, Tablet & Mobile appsCustomer 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 Trader, Tablet & Mobile appsCustomer 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, Tablet & Mobile appsCustomer 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