Brokers that accept clients from South Africa
60 of the 62 platforms we review accept clients from South Africa. 2 do not.
Brokers37
Raw spreads from 0.0 pips with deep liquidity — a favorite of scalpers and algo traders.
- Min deposit
- $200
- From
- 0.0 pips (Raw Spread account)
Served by Raw Trading Ltd · South Africa has a dedicated local support phone line, indicating an active client base served through the Seychelles (Global) entity.
Razor-thin spreads and top-tier multi-jurisdiction regulation across MT4, MT5, cTrader and TradingView.
- Min deposit
- $0
- From
- 0.0 pips (Razor account, FX majors)
Served by Pepperstone Markets Limited · Served via the Bahamas-regulated global entity; no local FSCA licence.
Instant withdrawals and some of the highest leverage available anywhere.
- Min deposit
- $10
- From
- 0.0 pips (Zero/Raw Spread)
Served by Exness (Pty) Ltd · FSCA-regulated South African entity.
Australian ECN veteran with consistently tight raw pricing since 2005.
- Min deposit
- $100
- From
- 0.0 pips (Raw account)
Served by FP Markets (Pty) Ltd (FSCA, FSP 50926) · Local South African entity and site.
The world's No.1 CFD provider, with 17,000+ markets and deep regulatory coverage.
- Min deposit
- $0
- From
- 0.6 pips (EUR/USD advertised minimum)
Served by IG Markets South Africa Limited (FSCA, FSP 41393) · IG Markets South Africa Limited is no longer opening new trading accounts; new South African clients are onboarded via the offshore IG International Limited entity instead.
Raw spreads with one of the lowest commissions among ECN brokers — $3 per lot per side on the Raw account.
- Min deposit
- $100
- From
- 0.0 pips (Raw)
Served by Tickmill South Africa (Pty) Ltd · FSCA-licensed local entity (FSP 49464).
Raw-spread trading from a $50 deposit, with five regulators and deep copy-trading support.
- Min deposit
- $50
- From
- 0.0 pips (Raw ECN)
Served by Vantage Markets (Pty) Ltd (FSCA) · South African residents are served through the en-za site by the FSCA-licensed entity (FSP 51268).
MetaTrader specialist with the Supreme Edition plugin and a $25 minimum deposit.
- Min deposit
- $25
- From
- 0.0 pips (Zero.MT5)
Served by Admirals SA (Pty) Ltd · FSCA-regulated local entity.
Fixed spreads and nine regulators across six continents, on MT4, MT5 and its own web and mobile apps.
- Min deposit
- $100
- From
- 0.9 pips (fixed, EUR/USD)
Served by AVA Capital Markets (Pty) Ltd · FSCA-regulated local entity.
London-based multi-platform broker with no-dealing-desk execution and over 140 industry awards.
- Min deposit
- $100
- From
- 0.0 pips (Raw+/cTrader)
Served by FxPro Financial Services Limited · Served under the FSCA-licensed entity (FSP 45052).
Beginner-friendly broker with a $5 minimum deposit, tight Ultra Low spreads, and one of the industry's largest education libraries.
- Min deposit
- $5
- From
- 0.6 pips (Ultra Low, commission-free)
Served by XM ZA (Pty) Ltd · FSCA-licensed South African entity (FSP 49976); xm.com/za currently shows the XM Global Limited (Belize) legal footer.
Melbourne broker with ASIC, FCA and CySEC licences, raw spreads plus $3.50 commission and 100+ crypto CFDs on TradingView.
- Min deposit
- $100
- From
- 0.0 pips (Raw account)
Served by Eightcap International Trading · Served through the Mauritius or Seychelles entity.
The social trading pioneer — copy top investors and trade real stocks, ETFs and crypto in one app.
- Min deposit
- $50
- From
- ~1.0 pips (EUR/USD CFD)
Served by eToro (Europe) Ltd
Formerly HotForex — no-minimum Cent and Zero accounts with deep emerging-market reach.
- Min deposit
- $0
- From
- 0.0 pips (Zero)
Served by HF Markets SA (PTY) Ltd · Onboarded to the FSCA-regulated South African entity.
Dead-simple CFD trading from an LSE-listed company — no frills, no MT4, and no third-party platform at all.
- Min deposit
- $100
- From
- Variable, roughly 0.6-1.3 pips on EUR/…
Served by Plus500AU Pty Ltd (FSCA-authorised FSP 47546) · South African clients are served under an FSCA authorisation held by the Australian entity.
Synthetic indices that trade 24/7 plus standard FX and CFDs — a broker in a category of its own.
- Min deposit
- $5
- From
- 0.0 pips (Zero Spread MT5 account, com…
Seven licensed entities including ASIC and CySEC, no minimum deposit, and plain talk about who holds your money.
- Min deposit
- $0
- From
- 0.7 pips average on EUR/USD (Pro)
Served by XS ZA (Pty) Ltd · FSCA-licensed (FSP 53199), with a local entity and local support.
MENA-focused multi-asset broker with an unusually wide set of real licences, from the FCA to Jordan and Kenya.
- Min deposit
- $0
- From
- 0.0 pips (Premier)
Served by Equiti Brokerage (Seychelles) Limited · Served by the international entity; no FSCA licence is disclosed.
High-leverage offshore broker with $10 cent accounts and a large CopyFX network.
- Min deposit
- $10
- From
- 0.0 pips (Prime)
Served by RoboForex Ltd · Not on RoboForex's published list of restricted jurisdictions; served by the Belize-licensed entity.
London-founded broker with real FCA and FSCA arms — but an unlicensed Anguilla company behind the international site.
- Min deposit
- $1
- From
- 0.2 pips (ECN)
Served by INFINOX Capital Ltd SA · FSCA-authorised financial services provider (FSP 50506), with local support.
High-leverage MT4/MT5 broker built for CIS and MENA traders, with offshore-only regulation.
- Min deposit
- $100
- From
- 0 pips (Zero account, floating)
Served by AMarkets LTD
Low-minimum ECN and Classic accounts, but withdrawal complaints and no top-tier regulator.
- Min deposit
- $10
- From
- 0.0 pips (ECN)
Served by LiteFinance Global LLC
Veteran 1998 brand with PAMM investing, high leverage, and offshore-only regulation today.
- Min deposit
- $30
- From
- 0.0 pips (Pro ECN)
Served by Parlance Trading Ltd
A million-client MetaTrader broker that gave up its FCA and CySEC licences in 2026 and now runs offshore.
- Min deposit
- $30
- From
- 0.0 pips (Advantage)
Served by Exinity Limited (FSP 50320) · Served under South Africa's FSCA authorisation.
MT4-first multi-asset broker with UK and EU licences, held back by a long withdrawal-complaint record.
- Min deposit
- $100
- From
- 0.0 pips (Raw ECN / Zero Spread)
Served by Notesco SA (Pty) Ltd · FSCA-regulated entity (FSP 45276) with leverage up to 1:500 and local funding options.
An FCA licence for professionals only, an offshore company for everyone else, and 2,000,000:1 leverage.
- Min deposit
- $10
- From
- 0.0 pips (Zero and ECN)
Served by CXM Group (SC) Ltd · No FSCA licence; clients contract offshore.
MT5-only offshore broker funded almost entirely by crypto, with leverage that starts at 1:1000.
- Min deposit
- $100
- From
- 0.0 pips (Raw)
Served by Z Trading & Technology Inc · Served by the BVI entity; no FSCA licence, and funding is crypto only.
An FCA arm for the UK and a Belize one for everyone else, with a $50 monthly inactivity fee.
- Min deposit
- $20
- From
- 0.1 pips (ECN)
Served by CPT Markets (PTY) Limited · FSCA financial services provider (FSP 45954) with a Johannesburg office.
A genuinely SCA-licensed Abu Dhabi broker whose Trustpilot rating has been suspended over fake reviews.
- Min deposit
- $100
- From
- 0.6 pips on the majors (VIP table)
Served by Traders' Hub Capital Markets L.L.C. - S.P.C · No FSCA licence; clients contract under UAE law.
Real ASIC and FCA licences, a Mauritius contract, and a Trustpilot rating suspended over fake reviews.
- Min deposit
- $10
- From
- 0.0 pips (ECN and PRO)
Served by EC Markets Financial Limited · Served under FSCA licence 51886, registered as an external company in South Africa.
A real Mauritius dealer licence, an honest Category 5 disclosure, and raw spreads locked behind $25,000.
- Min deposit
- $100
- From
- 0.0 pips (ECN), 0.8 pips (Elite), 1.5…
Served by Spectra Global LTD · No FSCA licence; clients contract with the Mauritius company.
Three licences on the badge, one Mauritius company holding the money, and almost no published pricing.
- Min deposit
- $50
- From
- 0.0 pips (ECN), 0.8 pips (Pro), 1.6 pi…
Served by UEXO Global Markets (Pty) Ltd · FSCA licence FSP 50582, CIPC registration 2019/514704/07 — the one jurisdiction outside Mauritius with a licence that covers retail clients directly.
A swap-free account that stops being swap-free after ten days, and 1:2000 against a 20% stop-out.
- Min deposit
- $275
- From
- 0.1 pips (Gold), 1.3 pips (Silver), 1.…
Served by Tattvam Capital Markets Ltd · No FSCA licence; clients contract with the Mauritius company.
A real CySEC licence, a .eu site operated from Saint Vincent, and 38% of reviews at one star.
Served by INTERSTELLAR CAPITAL (Pty) Ltd · FSCA licence FSP 52343 under the Financial Advisory and Intermediary Services Act.
An Australian licence it will not serve you under, and twenty awards with no awarding body named.
Served by ACCM Global (Pty) Ltd · FSCA licence FSP 54284 — the only licence in the group that covers retail clients in the jurisdiction it is issued for.
Registered in 2024, advertises seven legal documents and publishes none of them.
- Min deposit
- $0
No FSCA licence; clients contract offshore.
Advertises itself as a 5-star rated broker. Trustpilot gives it 2.7, and 53% of reviews are one star.
- Min deposit
- $500
- From
- 0.0 pips (ECN)
Served by CentFX Limited · No FSCA licence; clients contract offshore.
Crypto Exchanges15
The world's biggest exchange by volume, now retreating from Europe over licensing gaps.
- Maker
- 0.10%
- Taker
- 0.10%
Served via the global platform; Binance is not on the FSCA's list of licensed crypto asset service providers
Pro-grade trading tools, low fees, and a serious Web3 wallet, backed by monthly proof-of-reserves.
- Maker
- 0.08% spot / 0.02% perpetual futures (…
- Taker
- 0.10% spot / 0.05% perpetual futures (…
Crypto.com
MAS (Monetary Authority of Singapore) — Major Payment Institution licence (Digital Payment Token service)
The consumer super-app of crypto — cards, staking, and an exchange with some of the broadest licensing in the industry.
- Maker
- 0.02%–0.10% (tiered)
- Taker
- 0.10%–0.16% (tiered)
A decade-old altcoin giant that has since picked up real EU licensing alongside its offshore roots.
- Maker
- 0.10%
- Taker
- 0.10%
Security-first veteran exchange with strong staking, proof of reserves, and pro-level tools.
- Maker
- 0.40% (base tier), falling to 0.0% at…
- Taker
- 0.80% (base tier), falling to 0.10% at…
Served by Payward Trading Ltd (British Virgin Islands) under Kraken's Global Terms of Service · Served under the Global Terms; no local-currency bank rail, fund with crypto or a supported international currency (USD, EUR, GBP, CAD, CHF, AUD).
The Nasdaq-listed, regulation-first exchange - audited financials and an easy app, but pricier than most rivals.
- Maker
- 0.60% at the base Advanced Trade tier,…
- Taker
- 1.20% at the base Advanced Trade tier,…
Served under South Africa's FSCA crypto asset service provider licensing regime.
Copy-trading pioneer with deep derivatives liquidity and a growing patchwork of licenses.
- Maker
- 0.10%
- Taker
- 0.10%
Top-tier derivatives engine and copy trading, weighed against a record 2025 hack and patchy licensing.
- Maker
- 0.10% spot / 0.02% perpetuals (VIP 0)
- Taker
- 0.10% spot / 0.055% perpetuals (VIP 0)
No confirmed local restriction; general international access applies.
Thousands of altcoins and near-zero fees, with a compliance profile that lags the biggest names.
- Maker
- 0.00%
- Taker
- 0.05%
KuCoin
Financial Market Authority (FMA), Austria — MiCA Crypto-Asset Service Provider authorisation
One of the widest altcoin selections anywhere, now trading under a fresh compliance regime.
- Maker
- 0.10%
- Taker
- 0.10%
Bitfinex
CNAD (Comisión Nacional de Activos Digitales, El Salvador) — Digital Asset Service Provider registration
Veteran pro-trader venue with deep order books, now running a zero-fee model.
- Maker
- 0% (permanent zero-fee policy since De…
- Taker
- 0% (permanent zero-fee policy since De…
Wide-listing exchange with EU registrations and tiered KYC withdrawal limits.
- Maker
- 0.20% spot / 0.03% futures (VIP 0)
- Taker
- 0.20% spot / 0.05% futures (VIP 0)
Copy-trading and grid-bot focused exchange with growing regional registrations.
- Maker
- 0.10% spot / 0.02% perpetual futures (…
- Taker
- 0.10% spot / 0.05% perpetual futures (…
Early-listing altcoin exchange where basic trading works without ID verification.
- Maker
- 0.10% (spot, flat)
- Taker
- 0.10% (spot, flat)
Served by LBK Exchange Limited · Not on LBank's restricted list; full spot and futures access after KYC
High-volume offshore exchange with no tier-one licence and a public record of accounts restricted after profitable trades.
- Maker
- 0.075% spot / 0.02-0.04% futures (VIP 0)
- Taker
- 0.10% spot / 0.06% futures (VIP 0)
Prop Firms8
The prop-trading standard-bearer, with a fully refundable challenge fee and a decade of on-time payouts.
- Split
- 80% (2-Step, scaling to 90%) or 90% fr…
- Funding
- $200,000 per account (Scaling Plan to…
Served by FTMO s.r.o.
A high-volume Dubai prop firm with weekly payouts and splits up to 95%.
- Split
- 80% standard (90% add-on available), s…
- Funding
- $200,000 per CFD account (scaling prog…
Served by FundedNext
True instant-funding options and a scaling program that can grow accounts toward $4 million.
- Split
- 50-75% starting split, scaling up to 1…
- Funding
- $4,000,000 through the scaling program
Served by Five Percent Online Ltd
Alpha Capital Group
UK Companies House (company registration only — not FCA-authorized or a regulated financial services entity)
UK-registered prop firm with scaling to $2M and a heavy volume of payout reviews.
- Split
- 80% standard (up to 90% via add-on or…
- Funding
- $2,000,000 (scaling)
Served by Alpha Capital Group Limited
Funding Pips
Company registration only — Mwali International Services Authority (Comoros), not a financial regulator
Cheap, flexible challenges with fast weekly payouts and splits up to 100%.
- Split
- 60%-100% depending on payout cadence (…
- Funding
- $300,000 per account, scalable toward…
Served by Funding Pips Services Ltd
The original futures-funding evaluation, with a one-step Trading Combine and CME market data.
- Split
- 90% from the first dollar (Express Fun…
- Funding
- $150,000 buying power (Trading Combine…
Served by Topstep LLC
E8 Markets
Company registration only, not a financial regulator — Texas limited liability company; no registration number published
Multi-format futures and CFD challenges, though Trustpilot has flagged the firm's reviews for fake activity.
- Split
- 80% fixed (E8 Signature)
- Funding
- $500,000 (E8 One)
Served by E8 Markets
FunderPro
Malta Business Registry (company registration only — not licensed by the MFSA or any financial regulator)
Daily-payout challenges on cTrader and TradeLocker, clouded by a 2026 Trustpilot consumer warning.
- Split
- 80% standard (90% with add-on or on Pr…
- Funding
- $5,000,000 scaling
Served by FunderPro Ltd
Not available in South Africa2
Based on the platform’s published terms and regional entities. Availability changes — confirm on the official site before opening an account.
Frequently asked questions
Which forex brokers accept clients from South Africa?
Of the brokers we review, these accept clients from South Africa: IC Markets, Pepperstone, Exness, FP Markets, IG, Tickmill, Vantage, Admirals, AvaTrade, FxPro, XM, Eightcap, eToro, HFM, Plus500, Deriv, XS.com, Equiti, RoboForex, INFINOX, AMarkets, LiteFinance, Alpari, FXTM, IronFX, CXM, ZitaPlus, CPT Markets, Traders' Hub, EC Markets, SGFX, UEXO, Tattvam Markets, FISG, ACCM, APC Prime, CentFX.
Which crypto exchanges accept clients from South Africa?
Of the exchanges we review, these accept clients from South Africa: Binance, OKX, Crypto.com, Gate.io, Kraken, Coinbase, Bitget, Bybit, MEXC, KuCoin, Bitfinex, CoinEx, BingX, LBank, Toobit.
Which platforms do not accept clients from South Africa?
These list South Africa as restricted: XTB, Apex Trader Funding.