Bitcoin, or BTC, is the most predominant and popular cryptocurrency, or digital currency, in the world. Bitcoin can be traded either through a cryptocurrency exchange, or through a broker that facilitates the trade in cryptocurrency as a CFD.
There are numerous Forex Brokers in South Africa that not only facilitate the trade of Bitcoin but offer some of the most competitive conditions for cryptocurrency trading.
A quick overview of our best Bitcoin Brokers in South Africa review:
Plus500
Overview
Established in 2008, Plus500 is a multi-regulated, reputable online CFD provider that facilitates the trade in numerous financial instruments including Forex, commodities, cryptocurrency, and more.
Plus500 offers traders with competitive trading conditions, access to its proprietary trading platform, and more.
Pros and Cons
| PROS | CONS |
| Regulation through multiple regulatory entities | Only a few payment methods supported |
| Variety of trading instruments | Only one account option offered |
| Competitive trading conditions offered | WebTrader |
| Adequate leverage offered | |
| 24/7 customer service provided |
Features
| Feature | Information |
| Regulation | CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA |
| Minimum deposit from | $100 |
| Customer Support | 24/7 |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:30 |
| Bonuses | No |
JP Markets
Overview
JP Markets is a well-regulated ECN and STP broker based in South Africa. JP Markets offers traders with the opportunity to trade in global markets through its competitive trading conditions and user-friendly trading platforms.
JP Markets facilitates the trade in numerous financial instruments such as Forex, cryptocurrencies, stocks, indices, and more.
Pros and Cons
| PROS | CONS |
| Strictly regulated | Lack of additional trading tools |
| Zero deposit or withdrawal fees | Spreads and commission charges are high |
| Negative balance protection offered | MetaTrader 5 not supported |
| MetaTrader 4 supported | Limited trading instruments |
| No US Clients |
Features
| Feature | Information |
| Regulation | FSCA |
| Minimum deposit from | ZAR 3,000 |
| Average spread from | 2 pips EUR/USD |
| Commissions from | $0.02 per 0.01 lot traded |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | Yes |
| Customer Support | 24/5 |
IC Markets
Overview
IC Markets is a reputable and well-regulated broker with headquarters in Australia. IC Markets offers traders the opportunity to trade in global markets through its comprehensive trading solutions.
Traders have access to an array of financial instruments which can be traded through advanced trading platforms.
Pros and Cons
| PROS | CONS |
| Strict regulation | US Clients not allowed |
| Low fees and tight spreads | Fixed spread accounts not offered |
| Various trading styles supported including hedging and scalping | |
| Social trading offered | |
| Competitive trading conditions |
Features
| Feature | Information |
| Regulation | ASIC |
| Minimum deposit from | $200 |
| Average spread from | 0.0 pips |
| Commissions from | $3 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/5 |
AvaTrade
Overview
AvaTrade is an online trading broker which has become more popular in recent years. AvaTrade facilitates the trade in more than 250 financial instruments spread across an array of asset classes including forex, options, commodities, cryptocurrencies, and more.
Pros and Cons
| PROS | CONS |
| Well-regulated | No US Client |
| Multiple awards obtained | Variable spread accounts not offered |
| Fixed and tight spreads | Lack of account type options |
| Zero-commission trading | |
| Variety of trading platforms |
Features
| Feature | Information |
| Regulation | ASIC, BVI, CBI, FFAJ, FSA, FSCA |
| Minimum deposit from | $100 |
| Average spread from | 0.9 pips |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:400 |
| Bonuses | Yes |
| Customer Support | 24/5 |
FXTM
Overview
FXTM is a reputable ECN and STP broker which has offices in the UK, South Africa, Cyprus, and Mauritius, with respective regulation and authorisation in each jurisdiction that it offers its services.
Traders are offered with the best and most competitive trading conditions which consist of tight spread, fair execution speeds, low commissions, and access to an array of financial instruments including Forex, commodities, shares, cryptocurrency, and more.
Pros and Cons
| PROS | CONS |
| Well-regulated | No US Clients |
| Variety of financial instruments | Restricted leverage for EU-clients |
| Variety of account types | |
| Commission-free trading offered | |
| Low minimum deposit |
Features
| Feature | Information |
| Regulation | CySEC, FCA, FSC, FSCA |
| Minimum deposit from | $10 |
| Average spread from | 0.0 pips |
| Commissions from | $2 |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:2000 |
| Bonuses | Yes |
| Customer Support | 24/5 |
eToro
Overview
Established in 2006, eToro is a well-regulated, popular, and reputable Market Maker broker in addition to being the leading social trading platform in the industry.
eToro offers traders with a great variety of financial instruments which can be traded through its proprietary platform. Traders are offered with competitive trading conditions with low trading and non-trading fees, commission-free trading, and more.
Pros and Cons
| PROS | CONS |
| Strictly regulated | US Clients not allowed |
| Zero commission charges | Fixed spread accounts not provided |
| Large online trading community | MetaTrader not offered |
| Social trading supported | |
| Variety of financial instruments provided |
Features
| Feature | Information |
| Regulation | ASIC, FCA, CySEC |
| Minimum deposit from | $200 |
| Average spread from | 3 pips on EUR/USD |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:400 |
| Bonuses | None |
| Customer Support | 24/6 |
IG
Overview
IG is a reputed, trusted, well-regulated broker which has been in operation since 1974. IG holds regulation and authorisation in numerous countries and jurisdictions in which it offers its comprehensive trading solutions.
Traders have access to more than 16,000 financial instruments when trading through IG and, in addition, IG offers traders with some of the most competitive trading conditions in the industry.
Pros and Cons
| PROS | CONS |
| Regulated by multiple reputable entities | High minimum deposit requirement |
| Over 16,000 financial instruments | |
| Variety of account options offered | |
| Competitive trading conditions | |
| Longstanding history and good reputation |
Features
| Feature | Information |
| Regulation | FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF. |
| Minimum deposit from | $250 |
| Average spread from | 0.1 pips on Indices |
| Commissions from | 0.10% CFD EU |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:200 |
| Bonuses | None |
| Customer Support | 24/5 |
Markets.com
Overview
Established in 2008, Markets.com is a well-regulated STP broker with offices in Australia, Cyprus, and South Africa. Markets.com has an impressive offering of more than 2,200 financial instruments spread across numerous asset classes.
There are around 5 million registered traders who benefit from the competitive trading conditions that Markets.com offers its traders.
Pros and Cons
| PROS | CONS |
| Strict regulation | No regulation by FCA |
| Great variety of financial instruments | No US Clients |
| Commission-free accounts offered | Best trading conditions requires a professional account |
| Advanced trading tools | |
| Fixed spreads offered |
Features
| Feature | Information |
| Regulation | ASIC, CySEC, FSCA |
| Minimum deposit from | $100 |
| Average spread from | 0.6 on EUR/USD |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:300 |
| Bonuses | Yes |
| Customer Support | 24/5 |
CLMarkets
Overview
Established in 2013 and based in Saint Vincent and the Grenadines, CLMarkets is a reputable broker providing traders from around the world with the opportunity to trade in global markets.
Traders have access to numerous financial instruments, including cryptocurrencies, along with competitive trading conditions, and more.
Pros and Cons
| PROS | CONS |
| Well-regulated | US Clients not allowed |
| Competitive trading conditions | Only two account types |
| MetaTrader 4 supported | Islamic account not offered |
| Scalping and Hedging allowed | |
| Low minimum deposit and low trading fees |
Features
| Feature | Information |
| Regulation | ASIC |
| Minimum deposit from | $100 |
| Average spread from | 0.0 pips |
| Commissions from | $3 per side |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/5 |
IQ Option
Overview
IQ Option has been in operation since 2013 and is one of the largest online trading brokers in the world. There are more than 20 million traders who have registered accounts.
IQ Option offers traders with access to global markets, competitive trading conditions, and trading solutions that cater for a variety of traders despite their trading needs, objectives, styles, and trading experience.
Pros and Cons
| PROS | CONS |
| Strictly regulated | US Clients not allowed |
| Segregated client funds and member of ICF | Restricted leverage for non-professional traders |
| Great variety of financial instruments | Fixed spread accounts not offered |
| User-friendly trading platform | |
| Advanced trading tools |
Features
| Feature | Information |
| Regulation | CySEC |
| Minimum deposit from | $10 |
| Average spread from | 5 pips on GBP/USD |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | 1:30 |
| Bonuses | No |
| Customer Support | 24/5 |
BDSwiss
Overview
BDSwiss has been in operation since 2012 and is an ECN and STP online broker based in Cyprus, Mauritius, and Seychelles. BDSwiss is a well-regulated, award-winning broker which offers the trade in more than 250 financial instruments.
Traders have access to global markets through the competitive trading conditions that BDSwiss offers in addition to powerful trading platforms. When trading with BDSwiss, traders can expect tight spreads, low commissions, and more.
Pros and Cons
| PROS | CONS |
| More than 250 financial instruments | US Clients not allowed |
| Strict regulation | Fixed spreads not offered |
| Commission-free accounts offered | Restricted leverage for EU-clients |
| Advanced trading tools offered | |
| Competitive trading conditions |
Features
| Feature | Information |
| Regulation | CySEC, FSC, NFA |
| Minimum deposit from | $200 |
| Average spread from | 1.1 pips |
| Commissions from | $4 |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | 1:400 |
| Bonuses | None |
| Customer Support | 24/5 |
Alpari
Overview
Alpari was established in Russia in 1998 and has years of experience in offering trading solutions to more than 2 million traders from 150 countries worldwide.
Traders can expect competitive trading conditions that consist of tight spreads, low commission charges, and adequate maximum leverage, amidst numerous other conditions.
Pros and Cons
| PROS | CONS |
| Strict regulation | Several countries restricted from making use of Alpari’s services including US, Japan, and more. |
| Longstanding history of superb service | Limited tradable financial instruments offered |
| MetaTrader 4 and MetaTrader 5 offered | Fixed spread accounts not offered |
| PAMM Accounts offered | |
| Customer support in more than 30 languages |
Features
| Feature | Information |
| Regulation | FSC, FSA |
| Minimum deposit from | $5 |
| Average spread from | 0.4 pips |
| Commissions from | $1.5 per lot per side |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:1000 |
| Bonuses | Yes |
| Customer Support | 24/5 |
FP Markets
Overview
FP Markets is a reputable ECN, STP, and DMA broker which has a rich history in providing various traders from around the world with favourable trading conditions.
FP Markets is an award-winning broker which provides traders with access to more than 10,000 financial instruments spread over numerous asset classes such as Forex, commodities, indices, cryptocurrencies, and more.
Pros and Cons
| PROS | CONS |
| Strict regulation | US Clients not allowed |
| Variety of tradable financial instruments | Fixed spread accounts not offered |
| ECN-pricing model | Restricted leverage of 1:30 for EU clients |
| MetaTrader 4 and MetaTrader 5 offered | Admin fees charged on Islamic Account |
| Demo Account and Islamic Account option offered |
Features
| Feature | Information |
| Regulation | ASIC, CySEC, SVGFSA |
| Minimum deposit from | AU$100 |
| Average spread from | 0.0 pips |
| Commissions from | US$£ per lot per 100,000 traded |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:500 |
| Bonuses | No |
| Customer Support | 24/5 |
OctaFX
Overview
OctaFX has been in operation since 2011 and it is a well-regulated STP and ECN broker based in Saint Vincent and the Grenadines. Octa makes adequate provision in facilitating the trades of numerous traders from around the world.
When trading with Octa, traders can expect competitive trading conditions, access to numerous financial instruments, the use of powerful trading platforms, and more.
Pros and Cons
| PROS | CONS |
| Well-regulated | No US Clients |
| Commission-free trading offered | Limited financial instruments |
| Fixed and floating spread accounts offered | |
| Negative balance protection | |
| Hedging and Scalping allowed |
Features
| Feature | Information |
| Regulation | FSA SVG, CySEC |
| Minimum deposit from | $100 |
| Average spread from | 0.0 pips |
| Commissions from | $0.02 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | Yes |
| Customer Support | 24/5 |
XM
Overview
XM has been offering comprehensive trading solutions and services since 2009. XM is a reputable ECN and STP broker regulated and authorised by multiple regulatory entities.
XM offers traders with a variety of tradable financial instruments, competitive trading conditions consisting of tight spreads, low commissions, and more.
Pros and Cons
| PROS | CONS |
| Well-regulated | US Clients not allowed |
| Negative balance protection offered | Fixed spreads not offered |
| Competitive trading conditions |
Features
| Feature | Information |
| Regulation | FCA |
| Minimum deposit from | $5 |
| Average spread from | 0.0 pips |
| Commissions from | Between $1 and $9 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:888 |
| Bonuses | Yes |
| Customer Support | 24/5 |
Oanda
Overview
Oanda is a reputable, multi-regulated broker which has been in operation since 1996. Oanda offers its services to numerous traders from across the globe.
Traders are offered with competitive trading conditions, comprehensive trading solutions, and access to more than 10,000 financial instruments spread across different asset classes.
Pros and Cons
| PROS | CONS |
| Well-regulated in multiple jurisdictions | Restricted leverage |
| Segregated client funds | Social trading not supported |
| Member of FSCS and CIPF | Fixed spread accounts not offered |
| Advanced trading tools and platforms | Spreads are not the tightest in the industry |
| No minimum deposit requirement |
Features
| Feature | Information |
| Regulation | CFTC, NFA, IIROC, FCA, MAS, ASIC, FFAJ |
| Minimum deposit from | $0 |
| Average spread from | 1.2 pips EUR/USD |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:100 |
| Bonuses | None |
| Customer Support | 24/5 |
Pepperstone
Overview
Established in 2010, Pepperstone is a well-established, popular online trading broker with cutting-edge technology, competitive trading conditions, and numerous trading services.
Traders have access to some of the most favourable pricing fees and schedules in addition to a dynamic trading experience. Pepperstone offers the trade in a great variety of financial instruments which can be traded through powerful trading platforms.
Pros and Cons
| PROS | CONS |
| Strictly regulated | US Clients not allowed |
| Award-winning customer support | Fixed spread accounts not offered |
| Competitive trading conditions offered | |
| Social trading supported | |
| Hedging and scalping allowed |
Features
| Feature | Information |
| Regulation | ASIC, FCA, DFSA |
| Minimum deposit from | $200 |
| Average spread from | 1 pip |
| Commissions from | AU$3.5 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | Yes |
| Customer Support | 24/5 |
Forex.com
Overview
Forex.com was established in 2001 and has more than 200,000 registered trading accounts from traders worldwide. Forex.com offers traders the opportunity to trade in global market using competitive trading conditions and powerful trading platforms.
Forex.com is a leading global online broker which has earned the trust and loyalty of its clients. In addition, Forex.com offers traders with low trading and non-trading fees, fast execution, and more.
Pros and Cons
| PROS | CONS |
| Well-regulated | Limited payment methods supported |
| US Clients allowed | Fix spreads accounts not offered |
| Advanced trading platforms | |
| Advanced trading tools | |
| Exceptional execution scorecard |
Features
| Feature | Information |
| Regulation | ASIC, CFTC, FCA, FSA, IIROC, JFSA, NFA |
| Minimum deposit from | $50 |
| Average spread from | $0.11 on XAU/USD |
| Commissions from | $0 – $5 |
| Deposit/Withdrawal Fees | No |
| Maximum Leverage | 1:50 |
| Bonuses | Yes – Active Trader |
| Customer Support | 24/5 |
Axi
Overview
Established in 2007, Axi, now known as Axi is an award-winning online broker established by traders with the aim of providing others with some of the best trading conditions.
Axi caters extensively for all types of traders, whether they are beginners, or professional traders. Traders can expect competitive trading conditions in addition to access to a great variety of financial instruments.
Pros and Cons
| PROS | CONS |
| Well-regulated | No US Clients |
| Commission-free trading | No fixed spreads |
| MetaTrader NextGen offered | Restricted leverage for EU clients |
| Access to AutoChartist and PsyQuation |
Features
| Feature | Information |
| Regulation | ASIC, FCA |
| Minimum deposit from | $0 |
| Average spread from | 0.0 pips |
| Commissions from | $7 per round turn |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/5 |
FxPro
Overview
FxPro was established in 2006 and is a multi-regulated, multi-asset broker offering Forex and CFD financial instruments which can be traded through cutting-edge trading platforms.
FxPro serves more than 1.3 million traders from over 173 countries worldwide. Traders have access to more than 250 financial instruments which can be traded through advanced, powerful, reliable trading platforms.
Pros and Cons
| PROS | CONS |
| Strict and multiple regulations | No US, Iraq, or Canada clients |
| Multiple modern trading platforms | No managed accounts or social trading |
| Premium trader tools | No cryptocurrency trading |
| VPS access | Not the tightest spreads |
| Expert analysis from Trading Central | Not the lowest commissions |
Features
| Feature | Information |
| Regulation | FCA, CySEC, FSCA, DFSA, SCB |
| Minimum deposit from | $100 |
| Average spread from | 0.0 pips |
| Commissions from | $4.5 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/5 |
easyMarkets
Overview
Established in 2001, easyMarkets is a Cyprus-based broker offering its services to numerous traders from more than 160 countries worldwide. easyMarkets is one of the largest, long serving brokers that has earned the trust of numerous traders since its inception.
Traders have access to more than 200 financial instruments when trading through easyMarkets, including Forex, shares, indices, cryptocurrencies, and more.
Pros and Cons
| PROS | CONS |
| Well-regulated | US Clients not allowed |
| Negative balance protection | Variable spread accounts not offered |
| Fixed spread accounts offered | Forex spreads start from 1 pip |
| Commission-free trading offered | |
| Free guaranteed stops |
Features
| Feature | Information |
| Regulation | ASIC, CySEC |
| Minimum deposit from | $100 |
| Average spread from | 0.9 pips |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:400 |
| Bonuses | Yes |
| Customer Support | 24/5 |
RoboMarkets
Overview
Established in 2012, RoboMarkets is an award-winning, international, and multi-asset broker which is headquartered in Cyprus, and offers its services and solutions to a great variety of traders from around the world.
Traders have access to numerous financial instruments which can be traded through powerful trading platforms using RoboMarkets’ competitive trading conditions consisting of tight spreads, low commissions, and more.
Pros and Cons
| PROS | CONS |
| Strictly regulated | US Clients not allowed |
| Commission-free trading accounts provided | Fixed spread accounts not offered |
| Transparent fees | |
| Variety of accounts offered | |
| Competitive trading conditions |
Features
| Feature | Information |
| Regulation | CySEC, IFSC |
| Minimum deposit from | $100 |
| Average spread from | 0.0 pips |
| Commissions from | $0.0045 US Stocks |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:30 (retail) |
| Bonuses | Yes |
| Customer Support | 24/5 |
XTB
Overview
Established in 2004, XTB is a multi-regulated broker with regulation and authorization in numerous jurisdictions through a few regulatory entities.
Traders have access to a wide range of markets in addition to competitive trading conditions provided by XTB.
Pros and Cons
| PROS | CONS |
| Strictly regulated | US Clients not allowed |
| Competitive trading conditions offered | EU clients restricted to leverage of 1:30 |
| Negative balance protection provided | Fixed spreads not offered |
| Variety of financial instruments | |
| Standalone Islamic account provided |
Features
| Feature | Information |
| Regulation | ACPR, BaFin, CNMV, FCA, IFSC, KNF |
| Minimum deposit from | $250 |
| Average spread from | 0.1 pips |
| Commissions from | $3.50 on Forex |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | Yes – subjected to jurisdiction |
| Customer Support | 24/5 |
ThinkMarkets
Overview
ThinkMarkets is a reputable, reliable online trading broker which focuses on the provision of competitive trading conditions and trading solutions to traders from around the world.
When trading with ThinkMarkets, traders have access to online trading technology along with the provision of advanced trading platforms, and an array of financial instruments spread across a few global markets.
Pros and Cons
| PROS | CONS |
| Strict regulation | US Clients not allowed |
| Commission-free trading account | EU clients restricted to leverage of 1:30 |
| VPS service | Fixed spread accounts not offered |
| Islamic Account option and demo account provided | Higher minimum deposit than other brokers |
| Competitive trading conditions |
Features
| Feature | Information |
| Regulation | ASIC, FCA |
| Minimum deposit from | $250 |
| Average spread from | 0.1 pips |
| Commissions from | $3.5 per side |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/6 |
Exness
Overview
Exness is a reputable, multi-regulated, multi-asset online trading broker established in 2008. Exness provides traders with some of the best trading conditions in the industry in addition to catering for both retail and institutional clients.
Traders have access to a wide array of financial instruments when trading through Exness in addition to the use of powerful, reliable trading platforms.
Pros and Cons
| PROS | CONS |
| Well-regulated | No US Clients |
| More than adequate maximum leverage offered | No multi-currency account-opening options |
| Provision of various trading platforms | |
| Great variety of financial instruments offered |
Features
| Feature | Information |
| Regulation | CySEC, FCA, SFSA |
| Minimum deposit from | $1 |
| Average spread from | 0.0 pips |
| Commissions from | From $3.5 per lot per side |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:2000 |
| Bonuses | None |
| Customer Support | 24/5 |
RoboForex
Overview
Established in 2009, RoboForex is a reputable Market Maker, ECN, and STP broker which offers traders the opportunity to trade in numerous global markets.
RoboForex provides traders with numerous financial instruments which can be traded through powerful, user-friendly, and flexible trading platforms.
Pros and Cons
| PROS | CONS |
| Strictly regulated | No US Clients |
| Flexible account types | No fixed spread accounts |
| Multiple trading platforms |
Features
| Feature | Information |
| Regulation | IFSC |
| Minimum deposit from | $10 |
| Average spread from | 0.0 pips |
| Commissions from | $0.0045 |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:2000 |
| Bonuses | Yes |
| Customer Support | 24/7 |
InstaForex
Overview
Established in 2007, InstaForex is a well-regulated broker with offices in numerous countries. InstaForex has obtained numerous awards since its inception and boasts with more than 7 million registered traders from around the world.
Traders have access to more than 300 financial instruments that can be traded through powerful, user-friendly trading platforms.
Pros and Cons
| PROS | CONS |
| Well-regulated | US Clients not allowed |
| Commission-free trading offered | EU-clients restricted on leverage |
| MetaTrader 4 and 5 offered | |
| Variety of financial instruments | |
| Variety of account types offered |
Features
| Feature | Information |
| Regulation | CySEC, BVI, SVGFSA |
| Minimum deposit from | $1 |
| Average spread from | 0.0 pips |
| Commissions from | 0.03% |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:1000 |
| Bonuses | Yes |
| Customer Support | 24/5 |
FAQ
What is Bitcoin?
Bitcoin, or BTC, is the most predominant and popular cryptocurrency, or digital currency, in the world.
How is Bitcoin traded?
Bitcoin can be traded through a cryptocurrency exchange or as a CFD through a broker.
Who are the best Bitcoin brokers?
The brokers on this list are some of the best brokers that cater for cryptocurrency trading for South African traders.
Is it better to trade Bitcoin through an exchange or a broker?
Each method of trading will have its own pros and cons. Traders must research the pros and cons involved with each method of trading and decide upon their own discretion which method will be suited to them.
Is it safe to trade Bitcoin?
Yes, although there are always risks involved with trading, client fund security, and other factors that traders must ensure that they understand before trading Bitcoin.
Top 4 Brokers
