The Best Regulated CFD Brokers In South Africa

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

  • think markets logo ThinkMarkets - Best Broker For ETFs and other CFDs
  • fxpro logo FxPro – Great Fixed Spreads
  • Plus500 Plus500 – Has Great Trading Platform For Beginners
  • hfm logo HF Markets – Has A Top Research And Market Analysis
  • tickmill logo Tickmill – Good Metatrader Broker
  • exness logo Exness – Has A Good Choice Of Trading Accounts

ThinkMarkets
FxPro
Plus500
Tickmill
Our Rating
7.67
7.46
5.83
7.42
STP Order Execution
1,300,000 client accounts
Trade cannabis index
Low commissions

Regulations and Licenses

Feature
ThinkMarkets
FxPro
Plus500
Tickmill
ASIC (Australia)
FCA (UK)
FSCA (South Africa)
FSA (Seychelles)

Brokerage

Feature
ThinkMarkets
FxPro
Plus500
Tickmill
EUR/USD Avg. Raw Spread
0.1
0.25
-
0.1
GBP/USD Avg. Raw Spread
-
0.74
-
0.3
AUD/USD Avg. Raw Spread
-
0.61
-
0.1
EUR/USD Standard Spread
-
1.24
0.80
-
EUR/USD Fixed Spreads
-
1.38
-
-
Commissions (USD Base)
$3.50
$4.50
-
$2.00
Minimum Deposit
$0
$0
$100
$100
Swap Free Account
No Inactivity Fees
Funding Methods
6+
4+
3+
14+
No Funding Fees

Markets and Instruments

Feature
ThinkMarkets
FxPro
Plus500
Tickmill
Currency Pairs
46+
69+
71+
60+
Cryptocurrency CFDs*
21+
30+
15+
-
Index CFDs
21+
24+
67+
17+
Share CFDs
1200+
150+
1816+
-
Commodities CFD
15+
21+
22+
5+
Stockbroking
-
-
-
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 200:1
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max Leverage (Australia)
500:1
-
300:1
-
Retail Max. Leverage (South Africa)
-
-
-
-
Pro. Max. Leverage (South Africa)
500:1
200:1
-
-
Retail Max. Leverage (With offshore regulators)
500:1
200:1
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
ThinkMarkets
FxPro
Plus500
Tickmill
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
France only
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 > 7.67 FCA, FSCA
ASIC,FINMA
0.1 - - 140ms $0 46+ 21+ 30:1 500:1
Visit Broker > 7.46 FCA, FSCA
CySEC, SCB
0.25 0.74 0.61 110 $0 69+ 30+ 30:1 200:1
Visit Broker > 5.83 ASIC, CySEC
FCA, FMA
- - - 140ms $100 71+ 15+ 30:1 300:1
Visit Broker > 7.42 FCA, CYSEC 0.1 0.3 0.1 125ms $100 60+ - 30:1 500:1