The Top 7 Best 1:500 Leverage Forex Brokers in South Africa reviewed. We have rated and reviewed the best 1:500 Leverage Forex Brokers accepting South Africans, Expat Traders, and Foreigners.
This is a complete listing of The 7 Best 1:500 Leverage Forex Brokers in South Africa.
In this in-depth write-up you will learn:
- The Best 1:500 Forex Brokers in South Africa – A Comprehensive List.
- 1:500 Leverage Forex Brokers for beginners
- What is 1:500 Leverage Forex Brokers?
- 1:100 vs 1:500 Leveraged Forex Brokers
- How Leverage works in the Forex Market.
- Benefits of trading with high leverage brokers
- Is it safe to trade with 1:500 leverage?
and much, MUCH more.
7 Best 1:500 Forex Brokers in South Africa (2025) – A Comparison
| 🔎 Broker | 🚀 Open an Account | 🎉Regulation | 💴 Minimum Deposit | 🎉 Trading Platform |
| 🥇 ADSS | 👉 Click Here | Central Bank of the UAE, FCA | $100 / R1 761 | MetaTrader4, ADSS Platform |
| 🥈 AM Broker | 👉 Click Here | SVGFSA | $1000 / R14 900 | MetaTrader 5 |
| 🥉 BlackBull Markets | 👉 Click Here | FMA, FSA | $0 / R0 | MT4 and MT5 |
| 🏅 Axi | 👉 Click Here | FSA, FCA, ASIC, DFSA | $0 / R0 | MetaTrader 4 |
| 🎖️ Axiory | 👉 Click Here | IFSC, MFSC and FSC | $10 / R176 | MetaTrader4, MetaTrader5, CopyTrade and cTrader |
| 🥇 AccentForex | 👉 Click Here | VFSC | $50 / R880 | No Dealing Desk |
| 🥈 Pepperstone | 👉 Click Here | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | $200 / R3 523 | MetaTrader 4, MetaTrader 5, cTrader and TradingView |
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
What is 1:500 Leverage Forex Brokers?
1:500 leverage in forex trading refers to the ratio of borrowed capital provided by a broker to the trader. With 1:500 leverage, a trader can control a position size 500 times larger than their actual account balance. This high level of leverage allows traders to magnify potential profits, but it also significantly increases the risk of losses.
7 Best 1:500 Forex Brokers in South Africa (2025)
ADSS – Overall, the Best 1:500 Forex Broker in South Africa- AM Broker – Best web and mobile platforms
- BlackBull Markets – Best no-dealing desk broker
- Axi – Top 1:500 broker with the most market instruments
- Axiory – Low minimum deposit required
- AccentForex – Best sign-up bonus offered
- Pepperstone – Low FX commission and tight spreads
ADSS
ADS Securities (ADSS) is a forex broker in the United Arabic Emirates (UAE), owned by ADS Holding Limited Liability Company in Abu Dhabi. ADS Securities was established in 2011 and also has offices in London, Hong Kong, and Singapore, all authorized by the appropriate jurisdictions in those countries, like the FCA in the United Kingdom and the SFC in Hong Kong.
ADS Securities provides several types of live accounts. The Prime Elite Account and Prime Classic Account are commission-free, and the broker also offers swap-free options on both accounts. The Classic Account is the best choice for traders who demand great prices, expect excellent support, and want high-quality market analysis while the Elite Account is designed for VIP clients and high-volume professional traders.
Min Deposit
USD 100
Regulators
FCA
Trading Platform
MT4
Crypto
Yes
Total Pairs
60+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
ADS Securities also supports MAM or PAMM accounts for asset and fund managers to trade and monitor their clients.
The minimum deposit amount to open an account is 100$ and more than 10 000 trading instruments including over 60 forex currency pairs, and more than 1000 CFDs, indices, commodities, treasuries, and single stocks are available.
ADS Securities Overview
| 🔎 Broker | 🥇 ADSS |
| 📝 Regulation | Central Bank of the UAE, FCA |
| 💻 Trading Desk | MetaTrader4, ADSS Platform |
| 🎉 Sign Up Bonus | None |
| ➖ Min. Deposit from | $100 / R1 761 |
| 🔁 Spreads from | 0.9 pips |
| ➕ Max Leverage | 1:500 |
| 💳 Commission | Yes |
| 🛑 Inactivity Fee | No |
| 🚀 Open an Account | 👉 Click Here |
| ✔️ Pros | ❌ Cons |
| Fully authorized and regulated. | Lack of comprehensive trading academy |
| Offers over 1000 tradable assets on platforms | Clients from USA not allowed to register |
| Customer support in multiple languages | Not ASIC Regulated |
| A selection of trading platforms | Limited selection of account types |
| Research tools are provided by the broker | No broker bonus available |
| Segregates client funds | US residents not supported |
| Access to high leverage | |
| Comprehensive demo account features | |
| Commission free trading available | |
| Excellent customer support | |
| Well-regulated broker | |
| Demo account does not appear to expire | |
| Easy demo account sign-up process | |
| Full access to MetaTrader 4 platform | |
| Regulated by Financial Conduct Authority |
AM Broker
AM Broker is a forex broker in St. Vincent and the Grenadines, owned by AM Globe Services Ltd., and has headquarters in Kingstown, St. Vincent and the Grenadines. It is registered by the Financial Services Authority.
Min Deposit
USD 1000
Regulators
SVGFSA
Trading Platform
MT5
Crypto
Yes
Total Pairs
100+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
AM Broker offers web and mobile versions of MetaTrader 5 as trading platforms and more than 50 forex currency pairs, stocks, indices, CFDs, commodities, gold, silver, bitcoin and other cryptocurrencies to trade.
AM Broker offers three types of accounts – a Retail Account, Professional Account, and Institutional Account as well as Islamic or Swap Free Accounts. A minimum deposit of 1000 USD is needed to open an account. Spreads start from 0.6 pips, and no commission for Forex, Indices, or Commodities are charged, but 0,01 USD per share and ETFs.
AM Broker Overview
| 🔎 Broker | 🥇 AM Broker |
| 📝 Regulation | SVGFSA |
| 💻 Trading Desk | MetaTrader 5 |
| 🎉 Sign Up Bonus | 25% bonus |
| ➖ Min. Deposit from | $1000 / R14 900 |
| 🔁 Spreads from | 0.6 pips |
| ➕ Max Leverage | 1:500 |
| 💳 Commission | No |
| 🛑 Inactivity Fee | No |
| 🚀 Open an Account | 👉 Click Here |
| ✔️ Pros | ❌ Cons |
| Big variety of trading instruments | Offshore, not properly regulated |
| Seemingly good trading conditions | High initial deposit |
| Access to the MT5 |
BlackBull Markets
Blackbull Markets is a forex broker in New Zealand. It was established in 2014 in Auckland and is an ECN, no-dealing-desk brokerage that specializes in Forex, CFDs, and Commodities.
Min Deposit
USD 0
Regulators
FMA, FSA
Trading Platform
MT4, MT5, WebTrader, FIX, API
Crypto
Yes
Total Pairs
64+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Blackbull Markets offers demo accounts, ECN Standard Accounts, ECN Prime Accounts, ECN Institutional Accounts, Active Trader Accounts, and VIP Prime accounts. Muslim traders can open Islamic Accounts with MT4, MT5, WebTrader, FIX, and API as trading platforms. The minimum deposit required to open an account is only $ 200.
More than 64 currency pairs, indices from major markets, precious metals such as gold and silver, and commodities including energy, gas, and oil can be traded.
Blackbull Markets Overview
| 🔎 Broker | 🥇 BlackBull Markets |
| 📝 Regulation | FMA, FSA |
| 💻 Trading Desk | MT4 and MT5 |
| 🎉 Sign Up Bonus | None |
| ➖ Min. Deposit from | $0 / R0 |
| 🔁 Spreads from | 0.0 pips |
| ➕ Max Leverage | 1:500 |
| 💳 Commission | Yes |
| 🛑 Inactivity Fee | No |
| 🚀 Open an Account | 👉 Click Here |
| ✔️ Pros | ❌Cons |
| Good regulation & reputation | Only MetaTrader platforms offered |
| ECN-style account options | Not very diverse asset range |
Axi
AXI is a forex broker in Australia and authorized and regulated in St. Vincent and the Grenadines by the Financial Services Authority (FSA). Axi LTD was established in 2007 and rebranded to AXI recently.
AXI offers two account types, a Standard and a Pro Account, and a demo account can be opened on each. Accounts can either be opened for an individual, as a joint account for two or more parties, or a corporate account owned by a legal entity.
Min Deposit
USD 0
Regulators
ASIC, FCA, DFSA
Trading Platform
MT4
Crypto
Yes
Total Pairs
140+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
The Standard Account spreads start from 0.4 pip and no deposit fee or commission fees are charged. No minimum deposits are required to open either of the accounts.
AXI provides MetaTrader 4 for trading over 140 Forex pairs and other instruments such as Commodities, Gold and Silver, Metal Crosses, Oil, Indices, and Cryptocurrencies.
Axi Overview
| 🔎 Broker | 🥇 Axi |
| 📝 Regulation | FSA, FCA, ASIC, DFSA |
| 💻 Trading Desk | MetaTrader 4 |
| 🎉 Sign Up Bonus | None |
| ➖ Min. Deposit from | $0 / R0 |
| 🔁 Spreads from | 0.0 pips |
| ➕ Max Leverage | 1:500 |
| 💳 Commission | No |
| 🛑 Inactivity Fee | No |
| 🚀 Open an Account | 👉 Click Here |
| ✅ Pros | ❌ Cons |
| Regulated by FCA (UK), ASIC (Australia), DFSA (UAE), and FMA (New Zealand) | Not regulated by the FSCA in South Africa |
| No minimum deposit required for standard accounts | No welcome bonus or promotional incentives |
| Tight spreads starting from 0.9 pips on Raw accounts | Stock trading is not available in all countries |
| Available for high-volume traders | Fewer cryptocurrency pairs available compared to competitors |
Axiory
Axiory is a forex broker in Belize which is regulated by the International Financial Services Commission (IFSC) and a member of a compensation scheme. Axiory was established in 2007 and is owned and operated by R Capital Solutions Ltd., domiciled in Cyprus and regulated by CySec.
Min Deposit
USD 0
Regulators
FSC, IFSC, MFSC
Trading Platform
MT4, MT5, cTrader
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Axiory offers trading in Forex, Metals, Indices, and Energies and offers new traders a demo account with no limits before choosing between the following account types: Nano Accounts, Standard Accounts, and a Max Account. Traders can use both platforms MT4 and cTrader through one account and an Islamic Account can also be opened.
The minimum deposit required to open for all three account types is 10$ and can be paid with Bitcoin. Axiory is an STP broker and average spreads start from 1.2 pips for EUR/USD. Its Multi Account Manager (MAM) software offers money managers a selection of allocation methods for their managed accounts.
Axiory Overview
| 🔎 Broker | 🥇 Axiory |
| 📝 Regulation | IFSC, MFSC and FSC |
| 💻 Trading Desk | MetaTrader4, MetaTrader5, CopyTrade and cTrader |
| 🎉 Sign Up Bonus | None |
| ➖ Min. Deposit from | $10 / R176 |
| 🔁 Spreads from | 0.2 |
| ➕ Max Leverage | 1:500 |
| 💳 Commission | Yes |
| 🛑 Inactivity Fee | Yes |
| 🚀 Open an Account | 👉 Click Here |
| ✅ Pros | ❌ Cons |
| Corporate and Management possibilities | No multi-currency accounts |
| Demo account | No product descriptions |
| Competitive Spreads | Limited Regulation |
| Low Minimum Deposit | High Inactivity Fees |
| Popular trading platforms | Withdrawal Fees |
| MetaTrader 4 and cTrader | Geographic Restrictions |
| Various Account Types | No Proprietary Platform |
AccentForex
Accent Forex is a regulated broker headquartered in Vanuatu. It was established in 2010.
Min Deposit
USD 50
Regulators
VFSC
Trading Platform
MT4
Crypto
Yes
Total Pairs
20
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Accent Forex offers traders a selection between five different accounts to trade, including the option of an Islamic Account. Account types are The Micro trading account that can be opened with a minimum deposit of $50 or €50, the Mini Trading Account with spreads starting from 0,5 pip, the Profit Trading Account, and the STP trading account. Traders can also open a demo account.
The broker is regulated by the VFSC and offers Forex, Stocks, Commodities, Metals, and CFDs as trading instruments.
Accent Forex Overview
| 🔎 Broker | 🥇 AccentForex |
| 📝 Regulation | VFSC |
| 💻 Trading Desk | No Dealing Desk |
| 🎉 Sign Up Bonus | 40% deposit bonus |
| ➖ Min. Deposit from | $50 / R880 |
| 🔁 Spreads from | 0.1 pips |
| ➕ Max Leverage | 1:500 |
| 💳 Commission | Yes |
| 🛑 Inactivity Fee | Yes |
| 🚀 Open an Account | 👉 Click Here |
| ✔️ Pros | ❌ Cons |
| Initial deposit of only $50 | Not registered with a reputable regulator |
| Fixed leverage from 1:1 to 1:500 | Does not serve clients from US or UK |
| MT4 platform | Offshore regulation |
| PAMM accounts | Lack of educational material |
| Various account offering | Lack of additional research trading tool |
Pepperstone
Pepperstone has been operating for over a decade, providing traders with competitive trading conditions and highly flexible solutions. As one of the industry’s largest forex brokers, Pepperstone serves traders from over 65 countries worldwide.
The platform connects traders to diverse financial markets, offering flexible trading accounts, powerful trading platforms, and innovative trading technologies.
Min Deposit
USD 0
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Trading Platform
MT4, MT5, cTrader, TradingView
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Traders can explore numerous social trading opportunities, choose from various retail accounts, access a range of trading tools, and benefit from tight variable spreads, and competitive commission charges.
With Pepperstone, traders can expect a comprehensive and dynamic trading experience that caters to their specific needs and preferences. The platform’s commitment to excellence and cutting-edge services has established it as a top choice for traders seeking reliable and diverse trading options.
Pepperstone Overview
| 🔎 Broker | 🥇 Features |
| 📝 Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB |
| 💻 Trading Desk | MetaTrader 4, MetaTrader 5, cTrader and TradingView |
| 🎉 Sign Up Bonus | None |
| ➖ Min. Deposit from | $200 / R3 523 |
| 🔁 Spreads from | 0.01 pips |
| ➕ Max Leverage | 1:500 |
| 💳 Commission | No |
| 🛑 Inactivity Fee | No |
| 🚀 Open an Account | 👉 Click Here |
| ✅ Pros | ❌ Cons |
| Account opening is fast and fully digital | Only Forex, CFDs, and crypto |
| Majority clients belong to a top-tier authority | High bank withdrawal fee outside EU/Australia |
| Low Forex and equity index CFD fees | High financing rate for CFDs |
| Low non-trading fees | Basic news flow, no fundamental data |
| No deposit fee | Does not hold a banking license |
| Great customer service | Not listed on the stock exchange |
| Seamless and free deposit and withdrawal | Financial information not publicly available |
How does leveraging work?
While many traders have heard of the word “leverage,” few know its definition, how leverage works, and how it can directly impact the bottom line of their trading.
The concept of using other people’s money to enter a transaction is applied to the forex markets by means of the leverage ratio offered. Employing leverage in a forex trading strategy can however be a double-edged sword.
Leverage can be defined as the ability of a trader to open a substantially larger position than the value of his available capital. When using leverage, a trader can ‘expand’ the trading power of his money with much bigger positions. The trader actually does this by borrowing capital from his broker.
In the same way, it is also possible for leverage to multiply a trader’s losses. Fortunately, the more credible trading brokerage will prevent traders from losing more than they have deposited through negative balance protection.
People with little capital are often attracted to high-leverage offers because they want to become much wealthier in a shorter time. Leverage is a risk, and the higher the leverage the higher the risk. To succeed in every kind of risky deal, one needs to have proper knowledge of the risks and preferably enough experience needed to handle that risks.
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
Leverage poses benefits and risks
Here are some of the pros and cons of trading Forex with brokers that offer very high leverage.
The benefits of trading with high leverage in Forex
High leverage gives a trader the opportunity to trade with low capital:
When there is no leverage, only people with large amounts of capital would be able to make huge returns. With Forex brokers offering leverage, any trader is theoretically able to make huge returns.
Leverage is interest-free:
Although a trader in fact gets these funds from a Forex broker, the loan doesn’t incur any interest. If a person wants to start trading, he can get the loan with less fear for he isn’t expected to pay any interest.
Leveraging increases your profitability as a trader:
Utilizing leverage in the trading process increases the scope of a person’s profit. If a trader has 100 dollars, he has a chance to trade with up to 100 000 or more dollars with the assistance of leveraging, and trading with bigger amounts increases the scope of a person’s profit.
The cons of trading with high leverage in Forex
Heavier losses:
Trading with leverage increases a trader’s probability of getting higher profits but at the same time, it also paves the way for heavier losses. Big profits may turn out to be smaller and a small loss turns out to be much bigger. Trading with very high leverage requires a trader to be very careful and attentive and disciplined to stop when prices move away from his predictions.
Leverage is a constant liability:
Leveraging builds an immediate liability that must be met eventually. The principal amount of leverage must be met whether you have to pay additional costs, irrespective of a transaction going up or down. The leverage must be paid before you can continue trading.
Margin call risk:
There is a constant risk that a trader may fall under the margin requirements set by a broker. If a trader falls below the threshold at any point the broker may instigate a margin call which automatically liquidates a person’s portfolio. This means that even positions that could have delivered great profits are closed early.
Conclusion
In Conclusion, the top 7 best 1:500 forex brokers are ADSS, AM Broker, Blackbull Markets, AXI, Axiory, Accent Forex, and Pepperstone. The two brokers with the highest overall rating are AM Broker and Pepperstone.
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Frequently Asked Questions
What is 1:500 leverage in forex trading, and how does it work?
1:500 leverage means that for every $1 of your own capital, the broker will lend you $500 to trade with. This high leverage allows you to control larger positions, amplifying potential gains or losses. For example, with $100 in your account, you can trade with $50,000 worth of currency.
Are there risks associated with trading with 1:500 leverage?
Yes, trading with high leverage carries significant risks. While it can enhance potential profits, it also increases the risk of substantial losses. Even small market movements against your position can lead to rapid and substantial losses, which is why proper risk management is crucial.
Is 1:500 leverage suitable for beginners?
1:500 leverage is not recommended for beginners due to its high risk. Novice traders may find it challenging to manage the amplified positions and potential losses. It’s advisable for beginners to start with lower leverage ratios until they gain experience and confidence in their trading skills.
Which forex brokers offer 1:500 leverage in South Africa?
Several forex brokers in South Africa offer 1:500 leverage. However, it’s essential to choose a well-regulated broker with a good reputation and a strong track record to ensure the safety of your funds and a fair trading environment.
How can I manage the risks associated with 1:500 leverage?
To manage the risks of trading with 1:500 leverage, it’s crucial to implement proper risk management strategies. This includes setting strict stop-loss and take-profit levels, never risking more than a small percentage of your account on a single trade, and avoiding over-leveraging. Additionally, continuous learning and discipline are essential to becoming a successful trader with high leverage.
What is the difference between 1:100 and 1:500 leverage?
The distinction between 1:100 and 1:500 leverage lies in the ratio of capital provided by the broker to your own funds. With 1:100 leverage, the broker lends you $100 for every $1 of your own capital, enabling you to control a larger position in the market. In contrast, 1:500 leverage grants you $500 of trading capital for every $1 of your own funds, offering even greater purchasing power. The choice of leverage level depends on your risk appetite and trading strategy.
Top 4 Brokers
