Best CFD Brokers In South Africa

The Best-regulated CFD Brokers In South Africa

Below we list our best FSCA regulated CFD Forex Brokers in South Africa

  • Markets.com – Best Broker For Overall for South African Traders
  • Pepperstone – Best Broker For MetaTrader 4 and ECN pricing
  • ThinkMarkets – Best Broker For ETFs  and other CFDs
  • FxPro – Best Forex Broker For cTrader Trading Platform
  • Plus500 – Our Best CFD Provider For Cryptocurrency
  • eToro – Best Broker In South Africa For Social Trading
  • AvaTrade – Best Broker For Fixed Spread
  • HotForex – Best For Funding Eith South African Rand (ZAR)

 

Markets.com
Pepperstone
ThinkMarkets
Plus500
eToro
Our Rating
8.17
9.17
7.67
5.83
7.17
73.9% of retail investor accounts lose money when trading CFDs with this provider.
Active Trader Discounts
78.94% of retail investor accounts lose money when trading CFDs with this provider
80.5% of retail CFD accounts lose money
Best for social trading

Regulations and Licenses

Feature
Markets.com
Pepperstone
ThinkMarkets
Plus500
eToro
FSCA (South Africa)
Pending

Brokerage

Feature
Markets.com
Pepperstone
ThinkMarkets
Plus500
eToro
EUR/USD Avg. Raw Spread
0.16
0.1
GBP/USD Avg. Raw Spread
0.4
AUD/USD Avg. Raw Spread
0.27
EUR/USD Standard Spread
0.6
1.16
0.8
EUR/USD Fixed Spreads
1.2
3.0
Commissions (USD Base)
AUD $3.50
USD $3.50
$3.50 per side
Commission Rebates
Minimum Deposit
$250
AUD $200
USD $200
$0
100
USD $200
Swap Free Account
No Inactivity Fees
Funding Methods
Wire transfer, Visa, MasterCard, Skrill, Neteller, PayPal
16
6
3
6
No Funding Fees

Markets and Instruments

Feature
Markets.com
Pepperstone
ThinkMarkets
Plus500
eToro
Currency Pairs
120
66+
38+
60+
47+
Cryptocurrency CFDs
7
4+
5+
14+
98+
Index CFDs
58
14+
21+
67+
13+
Share CFDs
3312
5+
1200+
1816+
2000+
Commodities CFD
36
4+
10+
17+
12+
Stockbroking
2000+
Retail Max. Leverage
300:1
500:1
500:1
300:1
400:1
Professional Leverage
300:1
500:1
500:1
300:1
400:1

Trading Platforms + Tools

Feature
Markets.com
Pepperstone
ThinkMarkets
Plus500
eToro
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
ESMA regulated territories only
ESMA regulated territories only
ESMA regulated territories only
Demo Account
Unique Feature 1
Unique Trading Tools
Smart Trader Tools
STP Order Execution
Trade cannabis index
CopyTrader functionality
for automated trading
Unique Feature 2
Share Dealing
Fast Execution Speed
Uptime record of 99.99%
Guaranteed stop loss
Social trading interface across CFDs

Overall

Markets.com
Pepperstone
ThinkMarkets
Plus500
eToro