The Best-regulated CFD Brokers In South Africa

Best-CFD-Brokers-In-South-Africa-Snippet-Image

Below lists our best FSCA regulated CFD Forex Brokers in South Africa

  • 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 – Best Broker For No Commissions

 

Broker Reviewed

Pepperstone
ThinkMarkets
Plus500
eToro
FxPro
Our Rating
9.17
7.67
5.83
7.17
7.46
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
Trading from single account

Regulations and Licenses

Feature
Pepperstone
ThinkMarkets
Plus500
eToro
FxPro
FSCA (South Africa)
Pending

Brokerage

Feature
Pepperstone
ThinkMarkets
Plus500
eToro
FxPro
EUR/USD Avg. Raw Spread
0.13
0.1
0.37
GBP/USD Avg. Raw Spread
0.51
AUD/USD Avg. Raw Spread
0.18
EUR/USD Standard Spread
1.13
0.8
3.0
1.4
EUR/USD Fixed Spreads
1.2
3.0
1.6
Commissions (USD Base)
AUD $3.50
USD $3.50
$3.50 per side
USD$0.45 (cTrader)
Commission Rebates
Minimum Deposit
AUD $200
USD $200
$0
100
USD $200
$500 Recommended
Swap Free Account
No Inactivity Fees
Funding Methods
16
6
3
6
4
No Funding Fees

Markets and Instruments

Feature
Pepperstone
ThinkMarkets
Plus500
eToro
FxPro
Currency Pairs
66+
38+
60+
47+
70+
Cryptocurrency CFDs
4+
5+
14+
98+
Index CFDs
2+
21+
67+
13+
24+
Share CFDs
5+
1200+
1816+
2000+
150+
Commodities CFD
4+
10+
17+
12+
10+
Stockbroking
2000+
Retail Max. Leverage
500:1
500:1
300:1
400:1
30:1 FXProGLobal Markets
500:1 FXPro Financial Services
Professional Leverage
500:1
500:1
300:1
400:1
500:1

Trading Platforms + Tools

Feature
Pepperstone
ThinkMarkets
Plus500
eToro
FxPro
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
ESMA regulated territories only
Demo Account
Unique Feature 1
Smart Trader Tools
STP Order Execution
Trade cannabis index
CopyTrader functionality
for automated trading
1,300,000 client accounts
Unique Feature 2
Fast Execution Speed
Uptime record of 99.99%
Guaranteed stop loss
Social trading interface across CFDs
Avg execution time 11.06 ms

Overall

Pepperstone
ThinkMarkets
Plus500
eToro
FxPro