9 Best CFDs to buy on the JSE

The 9 Best CFDs to buy on the JSE revealed. We have conducted exhaustive research and analysis on the top CFDs available for purchase on the JSE in South Africa.

This is a complete guide to the 9 Best CFDs to buy on the JSE.

9 Best CFDs to buy on the JSE Revealed (2025):

1. ☑️ Hammerson Plc (JSE: HMN)
2. ☑️ Absa Group Limited (JSE: ABG)
3. ☑️ BHP Group (JSE: BHG)
4. ☑️ Mr Price Group Ltd (JSE: MRP)
5. ☑️ Anheuser-Busch InBev SA/NV (JSE: ANH)
6. ☑️ Merafe Resources Ltd (JSE: MRF)
7. ☑️ Quilter Plc (JSE: QLT)
8. ☑️ Anglo American PLC (JSE: AGL)
9. ☑️ Telkom SA SOC Ltd (JSE: TKG)

In this in-depth guide you’ll learn:

• Introduction to JSE CFDs
• 9 Best CFDs to buy on the JSE
• How to choose the Right Share Broker in South Africa
• The Best Share Brokers in South Africa

Hammerson Plc (JSE: HMN)

Hammerson PLC is a United Kingdom-based real estate investment trust. The firm invests in, administers, and develops European retail locations that were established in England and Wales on April 17, 1940.

With a market value of ZAR 22.1 billion or around 0.111% of the Johannesburg Company Exchange’s equity market, Hammerson plc is the 86th most valuable stock on the JSE currently.

Absa Group Limited (JSE: ABG)

Absa Group operates in 12 African nations and was established in 1856. Absa’s long-standing activity in continental markets and regional and global expertise provide it with a strong basis to capitalize on Africa’s economic potential.

Absa Group Limited is the JSE’s 22nd most valuable company, at ZAR 144 billion, representing 0.721% of the Johannesburg Stock Exchange’s equity market.

BHP Group (JSE: BHG)

BHP Group Limited supplies iron ore, copper, oil and gas, metallurgical coal, and other minerals. The company employs 60,000 people in Australia and the Americas. Minerals, oil, and gas are its main products.

BHP’s products are sold worldwide from Singapore and Houston (United States). Melbourne, Australia is the organization’s headquarters.

BHP Group is currently the second most valued business on the JSE, with a market capitalization of 2.25 trillion, BHG represents 11.3% of the Johannesburg Stock Exchange’s stock market.

Mr Price Group Ltd (JSE: MRP)

Mr Price Group Ltd. is a cash-based, omnichannel, fashion-value retailer that primarily sells own-brand products to younger clients in the middle to higher LSM categories.

Mr Price Group Ltd is now the 56th most valuable stock on the JSE, with a market value of ZAR 47.6 billion, representing around 0.239% of the Johannesburg Stock Exchange’s equity market.

Anheuser-Busch InBev SA/NV (JSE: ANH)

Anheuser-Busch InBev SA/NV, the largest brewer in the world, is in the top five consumer goods companies worldwide in terms of earnings before interest, taxes, depreciation, and amortization (EBITDA).

Anheuser-Busch InBev SA/NV has a market cap of ZAR 1.77 trillion, making it the third most valuable firm on the Johannesburg Stock Exchange and responsible for 8.9% of the stocks market.

Merafe Resources Ltd (JSE: MRF)

Through its fully owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, Merafe Resources Ltd. is involved in the mining of chrome and the processing of chrome ore into ferrochrome.

With a valuation of ZAR 3.65 billion, Merafe Resources Ltd is the 169th most valuable business on the JSE, making up around 0.018% of the equities market on the Johannesburg Stock Exchange.

Quilter Plc (JSE: QLT)

Quilter plc is a leading wealth management firm in the United Kingdom and across the world, ensuring the financial security of future generations.

Based on its current market value of ZAR 29.9 billion, Quilter Plc is the 71st most valuable stock on the JSE, accounting for about 0.146% of the Johannesburg Stock Exchange equities market.

Anglo American PLC (JSE: AGL)

Anglo American is an international mining conglomerate that boasts a variety of profitable mines across the globe, many of which have yet to be exploited.

With a market capitalization of ZAR 766 billion or 3.85% of the Johannesburg Stock Exchange’s equities market, Anglo American plc is currently the seventh most valuable stock on the JSE.

Telkom SA SOC Ltd (JSE: TKG)

Telkom SA SOC Ltd provides voice and data communications via fixed lines in South Africa. With over 4.5 million access lines, South Africa’s fixed-line industry has a penetration rate of 9.3%.

With a valuation of ZAR 22.4 billion, Telkom SA SOC Ltd is the 84th most valuable stock on the JSE and accounts for around 0.112% of the equities market on the Johannesburg Stock Exchange.

Introduction to JSE CFDs

Creating a position in a contract for difference (CFD) just necessitates a small fraction of the whole value of your transaction, allowing your investment capital to go further. SAFCOM’s exchange facilitates the trading and settlement of electronic Contracts for Difference.

Over 370 JSE shares are available as CFDs, and the standard margin for trading the most actively traded stocks at most brokers is 10%.

How to choose the Right CFD Broker in South Africa

Due to technological progress, the globe has seen several financial advances. One such breakthrough, Forex, and CFD trading, has grown in popularity among traders owing to features such as accessibility and convenience.

However, if you want to invest in Forex, you must choose the appropriate Forex and CFD broker. Subsequently, our CFD trading guide below will aid you in selecting the most trustworthy and effective one.

Consider the Regulatory Status of the CFD Broker

Before selecting a trading broker, regulation is the first and most essential factor to consider.

Now, regardless of the level of protection, numerous platforms are rife with fraudulent traders and brokers that may steal all your cash. In such a circumstance, the broker must safeguard your rights and interests.

These restrictions may safeguard your cash if your broker has vanished or lacks adequate assets. It also guarantees that your money is held in a separate account from the broker’s.

Additionally, such restrictions contribute to the maintenance and promotion of fair business practices. This guarantees that your transactions are executed at the correct and most current market pricing.

View the Security Policies

One of the greatest threats posed by financial platforms is the leakage of personal information such as your bank account information, card information, and even your identification documents such as your passport.

Therefore, data security must be considered. When selecting a Forex and CFD trading firm, security considerations must be considered.

Test the Trading Platform

The trading platform must feature an intuitive user interface for your convenience. A user interface that is simple to use will make trading enjoyable and effortless.

You must guarantee that the trading program has simple navigation, technical analysis tools, Forex indicators, charting capabilities, and so on, as these variables could facilitate your success.

Test the Customer Support

If you ever have an issue, a broker with excellent customer service can help you address it quickly. Additionally, they will always be available to address any questions or concerns you may have.

Evaluate Deposit and Withdrawal Methods

The broker of choice should provide many deposit options. Include debit cards, credit cards, wire transfers, and cheques.

This variety of options will make it much simpler for you to deposit funds and begin trading immediately. Regarding withdrawals, you want a broker that offers a variety of choices. In addition, your broker must provide you with the simplest and quickest withdrawal method feasible.

Check the Range of Markets

Before picking a forex or CFD broker, examine the list of tradable financial instruments over different markets.

A robust list indicates a broker’s readiness to go the additional mile to provide clients with the option to trade lesser-known products when a shock event or other market-moving event occurs in a particular region.

Account Registration

Most brokerages demand personal information on your current income, savings, marital status, trading history, and risk tolerance to open a “live” account. Additionally, you must fund your account with a minimum amount that varies from broker to broker.

Examine the Commissions and Spreads

In contrast to the bulk of financial markets, forex and CFD brokers often benefit from spreads as opposed to fees, which is why so many of them describe their services as “commission-free.”

Brokers profit from each buy and sell transaction that passes through their hands by taking the spread, which represents the difference between the purchase and sale price.

Explore the Education and Research Sections

The breadth of training materials at a forex or CFD broker demonstrates their dedication to novice traders or lack thereof.

The best forex and CFD brokers provide an abundance of research tools at no additional cost, allowing novice traders to do “deep dives” on the currencies they want to purchase or sell while keeping a watch on macroeconomic circumstances or emerging concerns that may impact price movement.

The Best CFD Brokers

In this article, we have listed the best brokers which offer share trading to traders. We have further identified the brokers that offer additional services and solutions to traders.

Best MetaTrader 4 / MT4 Share Broker in South Africa

Overall, Axi is the best MT4 Share Broker in South Africa. Because Axi was created with traders in mind, it gives them specific solutions, tools, and services. Axi, which offers MetaTrader 4, gives beginners and expert traders comprehensive trading solutions.

Best MetaTrader 5 / MT5 Share Broker in South Africa

Overall, AvaTrade is the best MetaTrader 5 Share Broker in South Africa. AvaTrade offers MetaTrader 5 to its clients alongside several other advanced platforms. More than 300,000 traders have chosen AvaTrade because of its wide range of financial products.

Best Share Broker for beginners in South Africa

Overall, eToro is the best Share Broker for beginners in South Africa. eToro is the best social trading platform for beginners. eToro traders get access to commission-free trading, instructional materials, innovative features, and affordable transaction costs.

Best Low Minimum Deposit Share Broker in South Africa

Overall, HFM is the best Low Minimum Deposit Share Broker in South Africa. HFM has established a global brand that offers accounts from 70 ZAR. HFM offers over 1,000 global markets and the option for traders to register a ZAR-denominated account.

Best ECN Share Broker in South Africa

Overall, IG is the best ECN Share Broker in South Africa. IG uses revolutionary trading technologies and advancements to enable ECN execution across all assets. IG traders may trade 19,000 products utilizing scalping, hedging, algorithmic trading, and more.

Best Islamic / Swap-Free Share Broker in South Africa

Overall, InstaForex is the best Islamic / Swap-Free Share Broker in South Africa. Over 7 million traders utilize InstaForex’s dynamic trading accounts, and Muslim traders with a Swap Free Account have access to 300 tradable items and favorable market conditions.

Best Forex Trading App in South Africa

Overall, OANDA is the best forex trading app in South Africa. OANDA’s trading platform offers a variety of products, and traders receive OANDA’s market intelligence podcasts and VPS when they register an account.

Best Lowest Spread Share Broker in South Africa

Overall, XM is the best lowest spread Share Broker in South Africa. XM offers zero-pip spreads and the benefit of negative balance protection when trading CFDs.

Best Nasdaq 100 Share Broker in South Africa

Overall, Exness is the best Nasdaq 100 Share Broker in South Africa. Exness may not provide a wide choice of tradable instruments, but it does offer competitive trading conditions. Considering Nasdaq 100 CFD instruments, spreads and commissions are competitively low.

Best Volatility 75 / VIX 75 Share Broker in South Africa

Overall, Pepperstone is the best Volatility 75 / VIX 75 Share Broker in South Africa. Pepperstone offers MT4, MT5, and cTrader through which South Africans can trade VIX 75 at competitive rates.

Best NDD Share Broker in South Africa

Overall, FP Markets is the best NDD Share Broker in South Africa. FP Markets offers a variety of products and platforms, including MT4 and MT5. FP Markets is a popular NDD broker that offers share CFDs that can be traded, with the benefit of highly liquid markets and zero-pip spreads.

Best STP Share Broker in South Africa

Overall, OctaFX is the best STP Share Broker in South Africa. Octa offers competitive STP execution speeds of 0.1 seconds. Octa also offers an innovative mobile app, education, and comprehensive research.

Best Sign-up Bonus Broker in South Africa

Overall, FBS is the best sign-up bonus broker in South Africa. FBS offers a generous no-deposit sign-up bonus and the chance to earn more welcome bonuses when traders sign up for an account.

Conclusion

CFD trading features include decreased margin requirements, easy access to global markets, and no shorting or day trading laws. However, excessive leverage magnifies losses and paying a spread to enter and exit positions could be costly if prices do not move.

South African traders must therefore investigate CFDs and implement risk management when they start trading these instruments on the JSE.

Frequently asked questions

How much cash do I need in South Africa to trade CFDs?

Many experts advise that you deposit at least 1,000 ZAR and more before you begin trading CFDs since this will cover your trading costs and margin needs while still leaving you with some money in case you experience a loss.

How can I get started learning CFD trading in South Africa?

To obtain instructional resources, check your broker’s website or use the Internet to do a relevant search on CFD trading education.

Is South Africa a legitimate market for CFDs?

CFD trading is legitimate and regulated by the FSCA in South Africa.

Are CFDs a reliable trading option?

Yes, they could often be an excellent choice for many traders, but they might not be appropriate for people with minimal risk tolerance.

Are CFDs considered a gamble?

Overall, trading may be likened to gambling, but it differs from gambling in that traders do extensive research and utilize charting and indicators to make calculated, knowledgeable judgments rather than trading on a whim. But if a dealer does so without