Top ZA Forex Brokers For February 2019

Welcome to AskTraders’s recommended top brokers in South Africa! We’ve shortlisted the best spreads and minimum deposit offers, rated by our team and our visitors on our forum sites for the month of February 2019. AskTraders reviews the best online brokers so you can do what you’re best at – trading. Click ‘Go To Broker’ to get more information start trading.

All Brokers are:
Licensed
Recommended by users
Reviewed & Trusted
Trade with the top - rated forex brokers in South Africa
OUR #1 PICK
Spreads from 0,5 PIPs
Min. Deposit $10
Max Leverage 1:500
Currency Pairs 86
Trading Size Micro-Lot
Regulation CySEC
5 /5
GO TO BROKER Go to IQoption

Your capital is at risk. Losses can exceed deposits

Spreads from 1 PIP
Min. Deposit $100
Max Leverage 1:400
Currency Pairs 97
Trading Size Mini-Lot
Regulation CySEC ASIC
5 /5
GO TO BROKER Go to Pepperstone

Your capital is at risk. Losses can exceed deposits

Spreads from 0.9 PIPs
Min. Deposit $250
Max Leverage 1:200
Currency Pairs 48
Trading Size Micro-Lot
Regulation CySEC
5 /5
GO TO BROKER Go to Easymarkets

Your capital is at risk. Losses can exceed deposits

Spreads from 1 PIP
Min. Deposit $100
Max Leverage 1:400
Currency Pairs 50
Trading Size Mini-Lot
Regulation FSB
5 /5
GO TO BROKER Go to CityIndex

Your capital is at risk. Losses can exceed deposits

Spreads from 0.1 PIPs
Min. Deposit $200
Max Leverage 1:500
Currency Pairs 47
Trading Size Micro-Lot
Regulation ASIC
5 /5
GO TO BROKER Go to AvaTrade

Your capital is at risk. Losses can exceed deposits

Spreads from 0.8 PIPs
Min. Deposit $200
Max Leverage 1:200
Currency Pairs 61
Trading Size Micro-Lot
Regulation FCA
4 /5
GO TO BROKER Go to XTB

Your capital is at risk. Losses can exceed deposits

We Review All Brokers

It can be difficult to know which South African forex brokers are best suited for you. We keep up to date with both new and established brokers to make that decision easier. We review every single online broker that we list. We check if they are regulated, their reviews, what features they have on their platform (such as available trading products, spreads, leverage, trading pairs, customer support, easy payment methods), as well as minimum deposit offers that you can take advantage of. We do the work, so you don’t have to! Never waste your time and money with a subpar online broker again — instead check out our reviews on AskTraders and start trading with one that suits your needs.