Best CFD South African Trading Platforms

We list our best CFD Trading Platforms to meet the needs of all types of South African traders

  • Pepperstone Pepperstone - Best For MetaTrader 4 + MetaTrader 5 Platforms
  • fxpro logo FxPro - Good cTrader Broker Across A Range Of CFD Markets
  • eToro eToro - Has The Best Social Trading Platform
  • think markets logo ThinkMarkets - Has The Top Mobile CFD Trading Platform
  • Plus500 Plus500 - CFD Trading Platform Has Risk Management Tools
  • XTB XTB - Good Broker With Great ETFs and Equities CFDs
  • AvaTrade Avatrade - Has Good ETFs And Equities CFD Trading

Pepperstone
FxPro
eToro
ThinkMarkets
Plus500
Our Rating
9.33
7.46
7.17
7.67
5.83
Smart Trader Tools
1,300,000 client accounts
CopyTrader functionality
for automated trading
STP Order Execution
Trade cannabis index

Regulations and Licenses

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

Brokerage

Feature
Pepperstone
FxPro
eToro
ThinkMarkets
Plus500
EUR/USD Avg. Raw Spread
0.17
0.51
-
0.1
-
GBP/USD Avg. Raw Spread
0.59
0.66
-
-
-
AUD/USD Avg. Raw Spread
0.24
0.63
-
-
-
EUR/USD Standard Spread
0.77
1.24
3.00
-
0.80
EUR/USD Fixed Spreads
2.17
-
-
-
Commissions (USD Base)
$3.50
$4.50
-
$3.50
-
Minimum Deposit
$0
$0
$200
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
16+
4+
11+
6+
3+
No Funding Fees

Markets and Instruments

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

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Pepperstone
FxPro
eToro
ThinkMarkets
Plus500
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
Visit Broker > 9.33 SCG, ASIC
FCA, CySEC
0.17 0.59 0.24 85ms $0 62+ 12+ 30:1 500:1
Visit Broker > 7.46 FCA, FSCA
CySEC, SCB
0.51 0.66 0.63 110 $0 69+ 30+ 30:1 200:1
Visit Broker > 7.17 ASIC, CySEC
FCA, FSA
- - - 130ms $200 49+ 46+ 30:1 400:1
Visit Broker > 7.67 FCA, FSCA
ASIC,FINMA
0.1 - - 140ms $0 46+ 21+ 30:1 500:1
Visit Broker > 5.83 ASIC, CySEC
FCA, FMA
- - - 140ms $100 71+ 15+ 30:1 300:1