Top Forex Broker ZAR Accounts

The following FSCA regulated South African forex brokers offer the best ZAR accounts.

  • Markets.com Markets.com - Best Broker With Zar Account Overall
  • FxPro UK FxPro - Best ZAR Account Forex Broker
  • Plus500 Plus500 - Easy To Use Forex Trading Platform
  • hotforex logo HotForex - Best ZAR Account for SA Forex Trading
  • Khwezi Trade - Good Local SA Forex Broker
  • super forex logo Super Forex -  Top ECN Forex Platform
  • FXCM FXCM - Best Range Of Trading Platforms
  • XM logos XM - Top Range Of Forex Education

Our team of industry experts at Compare Forex Brokers below showcase the best forex brokers with Rand accounts and FSCA regulated.

Markets.com
FxPro
Plus500
XM
Our Rating
8.17
7.46
5.83
7.42
77% of retail investor accounts lose money when trading CFDs with this provider.
80.59% of retail investor accounts lose money when trading CFDs and Spread Betting with this provider
80.5% of retail CFD accounts lose money
73.57% of retail investor accounts lose money when trading CFDs with this provider.

Regulations and Licenses

Feature
Markets.com
FxPro
Plus500
XM
FSCA (South Africa)

Brokerage

Feature
Markets.com
FxPro
Plus500
XM
EUR/USD Avg. Raw Spread
0.37
0.1 Zero Account (Europe Only)
GBP/USD Avg. Raw Spread
1.02
0.3 Zero Account (Europe Only)
AUD/USD Avg. Raw Spread
0.87
0.4 Zero Account (Europe Only)
EUR/USD Standard Spread
0.6
1.58
0.8
1.7 Micro/Standard accounts
0.8 Ultra-Low Standard (Outside Europe)
EUR/USD Fixed Spreads
1.71
Commissions (USD Base)
USD$0.45 (cTrader)
$3.50 Zero Account (Europe Only)
Commission Rebates
Minimum Deposit
$250
$500 Recommended
100
$5 Micro Account
$5 Standard Account
$100 Zero Account (Europe Only)
Swap Free Account
No Inactivity Fees
Funding Methods
6
4
3
13
Varies by region
No Funding Fees

Markets and Instruments

Feature
Markets.com
FxPro
Plus500
XM
Currency Pairs
120
70+
60+
55+
Cryptocurrency CFDs
7
10+
Index CFDs
58
24+
67+
18+ Cash Indices
12+ Futures Indices
Share CFDs
3312
150+
1816+
1144+
Commodities CFD
36
10+
17+
15+
Stockbroking
Retail Max. Leverage
30:1
30:1 FXProGLobal Markets
500:1 FXPro Financial Services
30:1 (FCA/ASIC)
20:1 (MAS)
30:1 (FCA/Cysec/ASIC)
500:1 (International)
Professional Leverage
300:1
500:1
300:1

Trading Platforms + Tools

Feature
Markets.com
FxPro
Plus500
XM
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading

Allowed but not supported
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
ESMA regulated territories only
Demo Account
Unique Feature 1
Unique Trading Tools
1,300,000 client accounts
Trade cannabis index
Offers Micro Account for cent trading
Unique Feature 2
Share Dealing
Avg execution time 11.06 ms
Guaranteed stop-loss
Tiered leverage

Overall