We found 11 online brokers that are appropriate for Trading South African Spread Betting Investment Platforms.
Spread betting as a form of investment has seen huge growth in South Africa over the last 2 years. Helped greatly by the COVID lockdown of 2020 and 2021.
Spread betting allows traders to speculate on both the rising and falling prices on financial markets. With a spread bet you own no underlying financial assets, its purely a speculative trade on the up or down price movement of an agreed financial instrument.
It is also used most aspects of the financial world. For example, it is also used in stock market trading for a long time now. The main difference between the two is that gamblers place their trades on an online platform, while companies that deal in stocks and shares do so through a physical location. Like spread betting, stock market gamblers place their bets using specific trading systems based on strict technical analysis of a company's financial performance.
In this sense, spread betting in South Africa is becoming popular amongst traders.
As an investor, when you consider how much profit you can make through spread bet trading, it is important that you only invest as much as you can afford to lose. As such, it would be wise to compare the different services offered by various companies online and base your decision on what you find to be the most attractive offer. Many online sites offer a range of financial solutions for all kinds of investors, so there should be no reason why you cannot use the power of spread betting to further your financial goals. Spread betting South Africa, and the different ways you can profit from it, is something that you should take advantage of.
The basics of spread betting can be very confusing, especially for newcomers. Before you start with any spread betting activities, it is important to understand the concept of spread betting. First of all, let us look at the basics of this online betting strategy. Spread betting is simply betting on multiple outcomes of one trade. It is typically done on stocks, indices, or currencies. There are several kinds of spreads, for instance, a 'level spread' bettor places his stake on a single level (a certain percentage) of one kind of financial instrument.
Spread betting, as we know it today, got its start over a century ago, and since then it has become very popular among investors and traders all over the world. Spread Betting is now offered through various online platforms and by different spreads. The most common spread betting platforms are the European style betting platform and the US Dollar Spread Betting (SDBC). Both these types of spread betting platforms require the same minimum deposit to start, and the same type of security.
There is a lot of discussion these days about risk management in spread betting and how to keep this risk under control. Some people have raised the question of why South Africa, which has one of the most volatile financial markets in the world. It, however, has not joined the rest of the world and adopted a regulatory stance on this issue. While there may be valid arguments on both sides, the simple truth is that regulation is absent and that whilst the law does not apply to all forms of online gambling, it does apply to many of them.
When you spread bet, you are betting against someone else and therefore every wager you make is ultimately a gamble. No matter how good a gambler you might be, there will always be the chance that you will lose money. You do, however, have complete control over the risk that is taking place in your account by choosing which markets to bet on and by choosing the different types of bets you are willing to make. The two most important things to remember are your stakes and the amount of stamp duty you need to pay. By following these two key pieces of information, you can dramatically reduce the amount of money you stand to lose in spreading betting.
We have conducted extensive research and analysis on over multiple data points on Spread Betting South Africa to present you with a comprehensive guide that can help you find the most suitable Spread Betting South Africa. Below we shortlist what we think are the best South African Spread Betting Investment Platforms after careful consideration and evaluation. We hope this list will assist you in making an informed decision when researching Spread Betting South Africa.
Selecting a reliable and reputable online South African Spread Betting 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 African Spread Betting Investment Platforms more confidently.
Selecting the right online South African Spread Betting 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 African Spread Betting Investment Platforms trading, it's essential to compare the different options available to you. Our South African Spread Betting 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 African Spread Betting Investment Platforms broker that best suits your needs and preferences for South African Spread Betting Investment Platforms. Our South African Spread Betting Investment Platforms broker comparison table simplifies the process, allowing you to make a more informed decision.
Here are the top South African Spread Betting Investment Platforms.
Compare South African Spread Betting Investment Platforms brokers for min deposits, funding, used by, benefits, account types, platforms, and support levels. When searching for a South African Spread Betting Investment Platforms broker, it's crucial to compare several factors to choose the right one for your South African Spread Betting Investment Platforms needs. Our comparison tool allows you to compare the essential features side by side.
All brokers below are South African Spread Betting Investment Platforms. Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more South African Spread Betting Investment Platforms that accept South African Spread Betting Investment Platforms clients.
Broker | IC Markets | Roboforex | XTB | XM | Pepperstone | AvaTrade | FP Markets | NordFX | EasyMarkets | SpreadEx | FXPro |
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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 |
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Learn More |
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Up with icmarkets |
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Up with roboforex |
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Up with xtb |
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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 nordfx |
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Up with easymarkets |
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Up with spreadex |
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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. | 74-89 % 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 |
You can compare South African Spread Betting 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 African Spread Betting Investment Platforms for 2024 article further below. You can see it now by clicking here
We have listed top South African Spread Betting Investment Platforms below.