We found 11 online brokers that are appropriate for Trading South African Markets Brokers.
By looking at the South Africa trading nature, the statistics have shown that the country is open to international trade with other countries.
Thanks to its nature, international trade in South African countries comes with 59.4% of the GDP. That means the country is more reliant on international trade, although the domestic trades have been rooting the country in all aspects.
Platinum, coal, and some solid fuels are primarily exported by the country. Other exports are gold, iron ores, as well as motor vehicles.
On the imports side, South Africa’s main imports are petroleum oils, motor vehicles, transmission apparatus, automatic data processing machines and units and medicaments.
Petroleum oils ranked at the most imported item consisting of around 16.7% of the total market.
South Africa has a number of top trading partners for their international trading activity. These countries are the US, China, India, Germany, the United Kingdom, as well as Saudi Arabia.
European countries have long been working with African countries in international trading. However, South Africa is their largest trading partner that comes from Africa.
South Africa’s exports to the EU have been growing exponentially in various sectors. With the country moving from commodity-based products to more industrial and manufactured products, trading in South Africa has been such an interesting activity for avid traders across the globe.
There is a key driving factor which causes international trading in South Africa to be more robust and effective than other continents.
In 2019, the African Union announced the launch of the AfCFTA - Africa Continental Free Trade Area. In this entity, the countries who work with South Africa will be able to trade in the world’s largest free trade area easily.
There are 54 countries who have been in this relationship with AfCFTA to trade the goods and services.
According to the statistics, South Africa exported USD 93.9 billion worth of products. Meanwhile, the country imported USD 113.6 billion of goods.
Trading in South Africa also showed gigantic numbers in services trading as well as goods. In the services exports, the value in South Africa trading was USD 15.5 billion. Meanwhile, the country attained USD 1.6 billion trade surplus from the services imports.
South Africa continues to conduct the international trades for the sake of the country. According to the statistics, around 31.3% of the country’s exports were delivered to Asian countries.
Meanwhile, 26% of the exports by value were delivered to African countries. Meanwhile, there are 26.1% which were distributed to European countries.
To conclude, these three continents are the largest importers of South Africa. The smaller percentage imports are delivered to North America which holds 7.5%, Oceania country which holds 1% in Australia, and 1% in Latin America including the Caribbean except for Mexico.
In terms of export sales, the top sales come from China which holds 10.7% of South Africa exports. The value is US$9.6 billion, followed by Germany with $7.5 billion (8.3%), the US with $6.3 billion (7%), UK with $4.7 billion (5.2%), and the other 12 trade partners.
Around 67.3% of the exports of South African countries are delivered to all their 15 top trading partners.
South Africa indeed has a negative trade balance or deficit because their imported goods value is higher than the exported goods value.
Amongst these trading partners, there are only two countries which grew from 2018 to 2019: the first one is Sweden which is up to 8.9%, and Poland which is up to 5.3%.
The deficits show the competitive takeaways with the countries which are listed as the deficits. But this fact also lets us know that there are some opportunities for South Africa countries to improve their economic development and strengthen their position in International trading with other countries.
Meanwhile, the surplus for 2019 is around $2.1 billion in South Africa.
The surplus happens when South Africa’s imported goods value is lower than the exported goods value. Consequently, this country has a favorable trade balance.
South Africa has incurred the highest trade surpluses with these significant countries:
Botswana, Mozambique, Namibia, Zambia, UK, Zimbabwe, Netherlands, Japan, and Hongkong. The country-specific trade surplus is Botswana with the US$3.6 billion followed by Mozambique with $2.8 billion.
The trading partners who generate the greatest positive trade balances are Belgium which is up to 29.2%, UK which is up to 25.4%, and Mozambique which is up to 21.7%. These three countries grew at the most rapid rate compared to other countries in the surplus incurred list from 2018 to 2019.
We have conducted extensive research and analysis on over multiple data points on South African Trading Partners to present you with a comprehensive guide that can help you find the most suitable South African Trading Partners. Below we shortlist what we think are the best South African Markets Brokers after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching South African Trading Partners.
Selecting a reliable and reputable online South African Markets 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 African Markets Brokers more confidently.
Selecting the right online South African Markets Brokers 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 African Markets Brokers trading, it's essential to compare the different options available to you. Our South African Markets Brokers 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 African Markets Brokers broker that best suits your needs and preferences for South African Markets Brokers. Our South African Markets Brokers broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top South African Markets Brokers.
Compare South African Markets Brokers brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a South African Markets Brokers broker, it's crucial to compare several factors to choose the right one for your South African Markets Brokers needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are South African Markets Brokers. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more South African Markets Brokers that accept South African Markets Brokers clients.
Broker | IC Markets | Roboforex | eToro | XTB | XM | Pepperstone | AvaTrade | FP Markets | EasyMarkets | SpreadEx | FXPro |
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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) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 | 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) |
Min Deposit | 200 | 10 | 50 | No minimum deposit | 5 | No minimum deposit | 100 | 100 | 25 | No minimum deposit | 100 |
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Used By | 200,000+ | 730,000+ | 35,000,000+ | 1,000,000+ | 10,000,000+ | 400,000+ | 400,000+ | 200,000+ | 250,000+ | 60,000+ | 7,800,000+ |
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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 | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web | 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) |
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Risk Warning | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. | 74-83% 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 | 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 |
eToro Demo |
XTB Demo |
XM Demo |
Pepperstone Demo |
AvaTrade Demo |
FP Markets 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 | ZA, ID, IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, SA, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, MG, MK, KZ, GD, FJ, PT, BB, BM, BS, AG, AI, AW, AX, LB, SV, PY, HN, GT, PR, NI, VG, AN, CN, BZ, DZ, MY, KH, PH, VN, EG, MN, MO, UA, JO, KR, | 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 |
You can compare South African Markets 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 African Markets Brokers for 2025 article further below. You can see it now by clicking here
We have listed top South African Markets Brokers below.
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