The Best Regulated CFD Brokers In South Africa

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

  • Pepperstone Pepperstone – Best Broker For MetaTrader 4 and ECN pricing
  • think markets logo ThinkMarkets - Best Broker For ETFs and other CFDs
  • fxpro logo FxPro – Best Forex Broker For cTrader Trading Platform
  • Plus500 Plus500 – Our Best CFD Provider For Cryptocurrency
  • eToro eToro – Best Broker In South Africa For Social Trading
  • AvaTrade AvaTrade – Best Broker For Fixed Spread
  • hotforex logo HotForex – Best For Funding Eith South African Rand (ZAR)

Pepperstone
ThinkMarkets
Plus500
eToro
FxPro
Our Rating
9.33
7.67
5.83
7.17
7.46
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider
75.5% of retail investor accounts lose money when trading CFDs with this provider
77% of retail CFD accounts lose money
68% of retail investor accounts lose money when trading CFDs with this provider.
76.14% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider

Regulations and Licenses

Feature
Pepperstone
ThinkMarkets
Plus500
eToro
FxPro
ASIC (Australia)
FSCA (South Africa)
FSA (Seychelles)

Brokerage

Feature
Pepperstone
ThinkMarkets
Plus500
eToro
FxPro
EUR/USD Avg. Raw Spread
0.17
0.1
-
-
0.34
GBP/USD Avg. Raw Spread
0.59
-
-
-
0.43
AUD/USD Avg. Raw Spread
0.24
-
-
-
0.81
EUR/USD Standard Spread
0.75
-
-
3.00
1.52
EUR/USD Fixed Spreads
-
-
-
-
1.79
Commissions (USD Base)
$3.50
$3.50
-
-
$4.50
Minimum Deposit
$0
$0
$100
$200
$0
Swap Free Account
No Inactivity Fees
Funding Methods
16+
6+
3+
11+
4+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
ThinkMarkets
Plus500
eToro
FxPro
Currency Pairs
62+
46+
71+
49+
69+
Cryptocurrency CFDs*
12+
21+
15+
46+
30+
Index CFDs
14+
21+
67+
13+
24+
Share CFDs
300+
1200+
1816+
2000+
150+
Commodities CFD
9+
15+
22+
33+
21+
Stockbroking
-
-
-
2000+
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 200:1
Pro. Max Leverage (Australia)
500:1
500:1
300:1
400:1
-
Retail Max. Leverage (South Africa)
-
-
-
-
-
Pro. Max. Leverage (South Africa)
-
500:1
-
-
200:1
Retail Max. Leverage (With offshore regulators)
200:1
500:1
300:1
400:1
200:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations

Trading Platforms + Tools

Feature
Pepperstone
ThinkMarkets
Plus500
eToro
FxPro
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account
Unique Feature
Smart Trader Tools
STP Order Execution
Trade cannabis index
CopyTrader functionality
for automated trading
1,300,000 client accounts

Overall