All Share (J203) = 88 342
Rand / Dollar = 18.58
Rand / Pound = 23.35
Rand / Euro = 19.33
Gold (usd/oz) = 2 928.65
Platinum (usd/oz) = 969.20
Brent (usd/barrel) = 76.29
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

5 Best Forex Broker Platforms for Beginners

Best Broker Platforms for Beginners Banner

 

The 5 Best Forex Broker Platforms for Beginners—Rated and Reviewed. We have listed the best Forex brokers in South Africa that accept novices and established traders.

 

In this in-depth guide, you’ll learn:

  • The Best Forex Broker Platforms for Beginners – a List
  • Which broker is the best for beginners in SA – Reviews
  • What is the best platform to trade forex in South Africa?
  • Which forex trading is best for beginners?
  • Which forex broker is the cheapest in SA?
  • Easiest Forex Trading Platforms.

 

Best Forex Broker Platforms for Beginners

🔎 Broker🚀Open an Account💴 Minimum Deposit (ZAR)💶 Minimum Deposit (USD)
🥇 AvaTrade👉 Open Account1803 ZAR100 USD
🥈 Exness👉 Open Account179 ZAR10 USD
🥉 XM👉 Open Account90 ZAR5 USD
🎖️ Markets.com👉 Open Account
1803 ZAR100 USD
🏅 FXPro👉 Open Account1803 ZAR100 USD

 

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

$100

#2

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

#3

CySEC, MWALI, FSCA

$25

#4

CySEC, FCA, FSA, FSCA

$100

#5

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

$10

#6

CySEC, ASIC, FSA, BVI, FSCA

$25

#7

ASIC, CySEC, FSA, SCB

$200

#8

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

#9

FCA, CySEC, FSCA, SCB

$100

#10

FSCA, FSC, ASIC, CySEC, DFSA

$5

#1

4.8/5

User Score

#2

4.7/5

User Score

#3

4.7/5

User Score

#4

4.4/5

User Score

#5

4.7/5

User Score

#6

4.0/5

User Score

#7

4.7/5

User Score

#8

4.8/5

User Score

#9

4.5/5

User Score

#10

4.9/5

User Score

 

5 Best Forex Broker Platforms for Beginners (2025)

  1. ☑️AvaTrade – Best Suited to Beginner Traders in South Africa.
  2. ☑️ExnessHigh Trust Rating for Novice Traders.
  3. ☑️XMBest Overall Trading Experience.
  4. ☑️Markets.comExcellent Technical Tools and Platform Support.
  5. ☑️FXProAward-Winning Broker accepting ZA Traders

 

AvaTrade Review

 

1. AvaTrade

AvaTrade is regarded as a low-risk and reliable forex broker. It ensures fast trading execution, secure trading conditions, and competitive spreads.

AvaTrade boasts over 500,000 registered clients worldwide, highlighting its extensive user base.

 

Min Deposit

USD 100

Regulators

ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA

Trading Platform

MT4, MT5, Ava Social, Ava Protect, Trading Central

Crypto

Yes

Total Pairs

55

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

AvaTrade offers South African traders access to a ZAR-based account via the AvaTrade South Africa website.  In addition, a Dedicated South African support team is available.

 

Featured

🔎 Broker🥇 AvaTrade
📌 Year Founded2006
👤 Amount of StaffOver 500
👥 Amount of Active TradersOver 300,000
📍 Publicly TradedDublin and Australian Stock Exchanges
🏦 RegulationCySEC, ASIC, etc.
🌎 Country of RegulationVarious, including South Africa
↪️ Account SegregationYes
📈 Negative Balance ProtectionYes
📉 Investor Protection SchemesInvestor compensation schemes available in certain jurisdictions
🅰️ Institutional AccountsYes
🅱️ Managed AccountsYes
🪙 Minor Account CurrenciesMultiple, including EUR, GBP, JPY, AUD, and others
💴 Minimum Deposit100 USD
💶 ZAR Deposit1803 ZAR
⏰ Average Deposit/Withdrawal Processing Time1-3 business days for withdrawals
💵 Fund Withdrawal FeeGenerally free, but depends on payment method
⭐ Spreads From0.0 pips (Raw Spread account)
💷 CommissionsVaries based on account type and trading volume
🔢 Number of Base Currencies SupportedOver 50
💳 Swap FeesVaries by instrument and account type
📈 LeverageUp to 1:400
📉 Margin RequirementsDepends on the instrument and leverage
☪️ Islamic AccountYes
🆓 Demo AccountYes
🖇️ Order Execution TimeLess than 1 second
⚙️ VPS HostingYes
📊 CFDs-Total Offered1000+
💹 CFD Stock IndicesMajor global indices available
🍎 CFD CommoditiesIncludes commodities like gold, oil, and more
💱 CFD SharesMajor international companies
💴 Deposit OptionsCredit/debit, bank transfers, e-wallets
💶 Withdrawal OptionsCredit/debit, bank transfers, e-wallets
🖥️ Trading PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), AvaTradeGO
💻 OS CompatibilityWindows, macOS, iOS, Android
🖱️ Forex Trading ToolsAdvanced charting tools, technical indicators, trading signals
🥰 Live Chat AvailabilityYes
☎️ Customer Support Contact NumberVaries by region
📎 Social Media PlatformsFacebook, Twitter, LinkedIn, Instagram
💭 Languages Supported on AvaTrade WebsiteMultiple
💡 Forex CourseYes
✏️ WebinarsYes
📔 Educational ResourcesYes
📚 Affiliate ProgramYes
📒 Amount of PartnersNumerous global partners
📑 IB ProgramYes
✈️ Do They Sponsor Any Notable Events or TeamsYes
⭐ Rebate ProgramYes
🔖 Does AvaTrade Accept South African TradersYes
🏷️ Is AvaTrade Regulated by the FSCAYes
⚙️ Does AvaTrade Offer an Affiliate Program for South African TradersYes
💰 Does AvaTrade Allow Opening Trading Accounts in ZARYes
🚀Open an Account👉 Open Account

 

AvaTrade

 

Pros and Cons

✅ Pros❌ Cons
Fee Free DepositLimit Offers
Low Trading FeesInactivity Fee
User FriendlyAdministration Fee
Highly RegulatedWithdrawal Fees
Wide Range of Trading InstrumentsLimited Local Payment Methods
Competitive SpreadsComplex Fee Structure
Advanced Trading PlatformsLimited Customization on Some Platforms

 

Our Findings

AvaTrade is a strong choice for South African traders due to its highly regulated status, competitive trading conditions, and diverse account types. With a low minimum deposit requirement and the ability to trade in ZAR, AvaTrade offers accessibility and convenience.

 

Review Exness

 

2. Exness

Exness is a popular Forex broker among South African traders. It offers a range of competitive trading conditions, including low spreads, high leverage, and various account types tailored to different trading needs.

 

Min Deposit

USD 10

Regulators

CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA

Trading Platform

MT4, MT5, WebTerminal, Exness Terminal

Crypto

Yes

Total Pairs

97

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

The broker enhances the trading experience by providing robust educational resources, advanced trading platforms, and excellent customer support.

Exness also supports a range of deposit and withdrawal methods, making it accessible and convenient for traders in South Africa.

 

Featured

🔎 Broker🥇 Exness
📌 Year Founded2008
👤 Amount of StaffOver 2,000
👥 Amount of Active TradersOver 150,000
📍 Publicly TradedNone
🚩 RegulationRegulated by several authorities, including FCA, CySEC, and FSCA
🌎 Country of RegulationVarious, including the UK, Cyprus, and South Africa (FSCA)
↪️ Account SegregationYes
🚨 Negative Balance ProtectionYes
🛡️ Investor Protection SchemesYes
🅰️ Institutional AccountsYes
🅱️ Managed AccountsYes
🪙 Minor Account CurrenciesMultiple, including EUR, GBP, USD, ZAR
💰 Minimum DepositNone
⏰ Average Deposit/Withdrawal Processing Time1-2 business days
💴 Fund Withdrawal FeeTypically free
📈 Spreads From0.0 pips
💶 CommissionsVaries
🔢 Number of Base Currencies SupportedOver 100
🔃 Swap FeesVaries
📉 LeverageUp to 1:2000
📊 Margin RequirementsVaries
☪️ Islamic AccountYes
🆓 Demo AccountYes
💹 Order Execution TimeLess than 1 second
🖱️ VPS HostingYes
🔖 CFDs-Total Offered1000+
🏷️ CFD Stock IndicesMajor global indices
🍎 CFD CommoditiesIncludes commodities like gold, oil, and more
🌐 CFD SharesMajor international companies
💴 Deposit OptionsCredit/debit, bank transfers, e-wallets
💶 Withdrawal OptionsCredit/debit, bank transfers, e-wallets
🖥️ Trading PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), Exness Trader
💻 OS CompatibilityWindows, macOS, iOS, Android
📐 Forex Trading ToolsAdvanced charting tools, technical indicators, trading signals
🥰 Live Chat AvailabilityYes
☎️ Customer Support Contact NumberVaries by region
⭐ Social Media PlatformsFacebook, Twitter, LinkedIn, Instagram
📎 Languages SupportedMultiple
✏️ Forex CourseYes
📔 WebinarsYes
📚 Educational ResourcesYes
📒 Affiliate ProgramYes
📑 Amount of PartnersNumerous global partners
🗃️ IB ProgramYes
🗄️ Do They Sponsor Any Notable Events or TeamsYes
📇 Rebate ProgramAvailable, details depend on account type and trading volume
🎖 Does Exness Accept South African TradersYes
📌 Is Exness Regulated by the FSCAYes
📍 Does Exness Offer an Affiliate Program for South African TradersYes
📈 Does Exness Allow Opening Trading Accounts in ZARYes
🚀Open an Account👉 Open Account

 

Exness

 

Pros and Cons

✅ Pros❌ Cons
Highly RegulatedLimited Local Support
Competitive Trading ConditionsHigh Leverage Risks
Low Minimum DepositComplex Fee Structure
Variety of Trading InstrumentsWithdrawal Fees
Educational ResourcesPlatform Limitations
Local Currency AccountsCustomer Service Variability
Demo AccountsRegional Variations in Service
VPS Hosting AvailablePotential Over-Reliance on Automation

 

Our Findings

Exness is a highly regarded broker offering a strong combination of competitive trading conditions, including low spreads, high leverage, and several account types. Its robust regulatory framework, including oversight by authorities like the FSCA in South Africa, ensures a secure trading environment.

 

XM Review

 

3. XM

XM is a trusted Forex Broker with a high South African trust score.

 

Min Deposit

USD 5

Regulators

FSC, CySEC, ASIC,

Trading Platform

MT4, MT5

Total Pairs

55+

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

It offers several trading instruments, including forex, indices, commodities, and shares, with competitive spreads and flexible leverage options.

 

Featured

🔎 Broker🥇 XM
📌 Year Founded2009
👤 Amount of StaffOver 500
👥 Amount of Active TradersOver 5 million worldwide
📍 Publicly TradedNone
🚩 RegulationRegulated by multiple authorities including FCA, ASIC, and CySEC
🌎 Country of RegulationUK (FCA), Australia (ASIC), Cyprus (CySEC)
🔃 Account SegregationYes
🚨 Negative Balance ProtectionYes
⚙️ Investor Protection SchemesFSCS in the UK, Investor Compensation Fund in Cyprus, ASIC's financial compensation scheme
🅰️ Institutional AccountsYes
🅱️ Managed AccountsYes
💴 Minimum Deposit5 USD/90 ZAR
⏰ Average Deposit/Withdrawal Processing TimeVaries
💶 Fund Withdrawal FeeGenerally no fee for withdrawals
📈 Spreads From0 pips (for XM Zero accounts)
💵 CommissionsDepends on account type; Zero commission on Standard accounts
🔢 Number of Base Currencies SupportedOver 60
💷 Swap FeesYes, applicable based on the account type and positions
↪️ LeverageUp to 1:888
📈 Margin RequirementsVaries by account type and trading instrument
☪️ Islamic AccountYes
🆓 Demo AccountYes
📉 Order Execution TimeInstant execution available
📊 VPS HostingAvailable for accounts with a minimum deposit
💹 CFDs-Total OfferedOver 1,000
💱 CFD Stock IndicesYes
🍎 CFD CommoditiesYes
⚙️ CFD SharesYes
💴 Deposit OptionsCredit/debit cards, bank transfer, e-wallets
💶 Withdrawal OptionsCredit/debit cards, bank transfer, e-wallets
🖥️ Trading PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5)
💻 OS CompatibilityWindows, MacOS, iOS, Android
🖱️ Forex Trading ToolsAdvanced charting tools, economic calendar, trading signals
🥰 Live Chat AvailabilityYes
☎️ Customer Support Contact Number+44 203 150 3000
⭐ Social Media PlatformsFacebook, Twitter, LinkedIn
💭 Languages Supported on WebsiteMultiple, including English, Afrikaans, and others
✏️ Forex CourseFree educational resources and trading courses available
📔 WebinarsRegularly hosted
📚 Educational ResourcesArticles, video tutorials, webinars, and trading guides
📒 Affiliate ProgramYes
📑 IB ProgramYes
🗃️ Do They Sponsor Any Notable Events or TeamsYes, various financial and sports events
🗄️ Rebate ProgramYes
📇 Does XM Accept South African TradersYes
📌 Is XM Regulated by the FSCAYes
📍 Do XM Offer an Affiliate Program for South African TradersYes
⚙️ Do XM Allow Opening Trading Accounts in ZARYes
🚀Open an Account👉 Open Account

 

XM

 

Pros and Cons

✅ Pros❌ Cons
Highly RegulatedSwap Fees
Low Minimum DepositNo Proprietary Platform for Web or Desktop
Wide Range of InstrumentsWithdrawal Fees
Competitive SpreadsInactivity Fee
High LeverageComplex Fee Structure
Educational ResourcesLimited Research Tools

 

Our Findings

Known for its strong regulatory framework and excellent customer support, XM provides valuable educational resources and a low minimum deposit requirement.

 

Markets.com Review

 

4. Markets.com

 

Markets.com is a well-established Forex Broker that is popular amongst South African traders.

 

Min Deposit

USD 100

Regulators

CySEC, FSCA, ASIC, FCA, FSC

Trading Platform

MT4, MT5, Proprietary Platform

Crypto

Yes

Total Pairs

0

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

It offers ZAR deposit options, competitive spreads, various account types, and robust trading platforms. Additionally, Markets.com provides comprehensive customer support and educational resources to enhance users’ trading experience.

 

Featured

🔎 Broker🥇 Markets.com
📌 Year Founded2008
📍 Publicly Traded (Listed Company)Yes, listed on the London Stock Exchange (LSE)
🚩 RegulationASIC, CySEC, FCA, FSC, FSCA, FSA
🌎 Country of regulationAU, EU, UK, South Africa
↪️ Account SegregationYes
🚨 Negative balance protectionYes
📈 Investor Protection SchemesYes
🅰️ Institutional AccountsYes
🅱️ Managed AccountsYes
📉 Minor account currenciesAvailable
📊 Minimum Deposit$100 / R1806
💹 Average deposit/withdrawal processing time1-3 business days for withdrawals
💴 Fund Withdrawal FeeGenerally none for standard methods
↪️ Spreads from0.6 pips
💶 CommissionsVaries by account type and instrument
💵 Number of base currencies supportedOver 50
💷 Swap FeesApplicable based on account type and instrument
📌 LeverageUp to 1:300
📍 Margin requirementsVaries by instrument and account type
☪️ Islamic accountYes
🆓 Demo AccountYes
🖥️ Order Execution TimeWithin milliseconds
💻 VPS HostingAvailable for eligible accounts
📈 CFDs-Total OfferedOver 2,000
📊 CFD Stock IndicesMajor global indices
🍎 CFD Commoditiesoil, gold, etc.
📉 CFD SharesA wide range of global shares
💴 Deposit OptionsBank transfer, credit/debit, e-wallets
💶 Withdrawal OptionsBank transfer, credit/debit, e-wallets
📏 Trading PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), proprietary web platform
📐 OS CompatibilityWindows, MacOS, iOS, Android
⚙️ Forex trading toolsEconomic calendar, market news, trading signals
☎️ Phone Support+27 104470539
🥰 Live chat availabilityYes
💌 Customer Support Email addresssupport@markets.com
☎️ Customer Support Contact NumberLocal contact numbers available on the website
💙 Social media PlatformsFacebook, Twitter, LinkedIn, Instagram
⭐ Languages supportedMultiple
✏️ Forex courseYes
📔 WebinarsYes
📚 Educational ResourcesTrading guides, articles, videos, and webinars
📒 Affiliate programYes
📑 IB ProgramYes
🗃️ Rebate programYes
🗄️ Does Markets.com accept South African tradersYes
📇 Is Markets.com regulated by the (FSCA)Yes
📌 Do Markets.com offer an Affiliate Program for South African TradersYes
📍 Do Markets.com allow opening trading accounts in ZARYes
🚀Open an Account👉 Open Account

 

markets.com

 

Pros and Cons

✅ Pros❌ Cons
Strong RegulationHigher Fees on Certain Accounts
Diverse Trading InstrumentsWithdrawal Fees for Some Methods
Competitive SpreadsInactivity Fees
User-Friendly PlatformsComplex Fee Structure
Educational ResourcesLimited Cryptocurrency Options
Local Deposit OptionsAverage processing times for Withdrawals
VPS HostingComplex Trading Tools

 

Our Findings

Markets.com is a highly reputable and user-friendly broker favored by South African traders. The broker’s extensive range of trading instruments, competitive spreads, and user-friendly platforms make it an attractive choice for novice and experienced traders.

 

FxPro Review

 

5. FXPro

FXPro is a popular Forex Broker with a high SA trust score. In addition, it offers a range of trading accounts, competitive spreads, and several trading platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5).

 

Min Deposit

USD 100

Regulators

FCA, CySEC, FSCA, SCB

Trading Platform

MT4, MT5

Crypto

No

Total Pairs

70

Islamic Account

Yes

Trading Fees

Low

Account Activation

24 Hours

 

FXPro is also known for its strong regulatory oversight and comprehensive educational resources, making it a reliable choice for novice and experienced traders.

 

Featured

🔎 Broker🥇 FXPro
📌 Year Founded2006
👤 Amount of staffOver 500
👥 Amount of active tradersOver 700,000
📍 Publicly TradedYes (Listed on the London Stock Exchange)
📈 RegulationFCA (Financial Conduct Authority), CySEC (Cyprus Securities and Exchange Commission)
📉 Country of regulationUnited Kingdom, Cyprus
📊 Account SegregationYes
💹 Negative balance protectionYes
🚨 Investor Protection SchemesYes
🅰️ Institutional AccountsYes
🅱️ Managed AccountsYes
💴 Minor account currenciesYes
💶 Minimum Deposit$100 / R1806
💵 Average deposit/withdrawal processing timeTypically 1-3 business days for withdrawals
💷 Fund Withdrawal FeeGenerally none, but can vary depending on the method
↪️ Spreads from0.0 pips (on Pro accounts)
🚩 CommissionsVaries by account type and instrument
🔢 Number of base currencies supported50+
💳 Swap FeesVaries by instrument and account type
⚙️ LeverageUp to 1:500
📐 Margin requirementsVaries by instrument and account type
☪️ Islamic accountYes
🆓 Demo AccountYes
⏰ Order Execution TimeTypically milliseconds to seconds
🖥️ VPS HostingAvailable for clients with specific account types
📈 CFDs-Total Offered1,000+
📉 CFD Stock IndicesYes
🍎 CFD CommoditiesYes
📊 CFD SharesYes
💴 Deposit OptionsBank transfer, credit/debit, e-wallets
💶 Withdrawal OptionsBank transfer, credit/debit, e-wallets
🖥️ Trading PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
💻 OS CompatibilityWindows, macOS, iOS, Android
🖱️ Forex trading toolsExpert Advisors, Trading Signals, Market News
🫶 Customer SupportYes
🥰 Live chat availabilityYes
💌 Customer Support Email addresssupport@fxpro.com
☎️ Customer Support Contact NumberVaries by region
⭐ Social media PlatformsFacebook, Twitter, LinkedIn, YouTube
🚩 Languages supported on FXPro WebsiteMultiple
✏️ Forex courseYes
📔 WebinarsYes
📚 Educational ResourcesYes
📒 Affiliate programYes
📑 Amount of partnersMultiple
🗃️ IB ProgramYes
🗄️ Do they sponsor any notable events or teamsYes
📇 Rebate programYes
🔖 Does FXPro accept South African tradersYes
🏷️ Is FXPro regulated by the FSCAYes
⚙️ Do FXPro offer an Affiliate Program for South African TradersYes
🚀Open an Account👉 Open Account

 

FxPro

 

Pros and Cons

✅ Pros❌ Cons
High Regulatory StandardsHigh Minimum Deposit for Some Accounts
Wide Range of Trading InstrumentsSwap Fees
Competitive SpreadsCustomer Support Variability
Advanced Trading PlatformsFees for Inactive Accounts
High LeverageLimited Customer Support Channels
Islamic Accounts AvailableComplex Fee Structure
Educational ResourcesGeographical Restrictions

 

Our Findings

FXPro is a well-regarded Forex broker with a strong reputation for regulatory compliance and security. It offers a diverse range of trading instruments, including over 1,000 CFDs, which provides ample opportunities for traders.

 

Forex Trading in South Africa – is it Legal?

Forex trading is legal in South Africa. Here are some key points to understand about forex trading in South Africa:

🔎 Aspect📌 Details
📈 Regulatory AuthorityThe South African Financial Sector Conduct Authority (FSCA) is the regulatory body overseeing financial markets, including forex trading, in South Africa.
📉 Broker RegulationForex brokers operating in South Africa should be licensed by the FSCA. This ensures that they adhere to local regulations and standards for trading practices.
📊 Trading PlatformsTraders in South Africa can use various trading platforms that are regulated by international or local authorities. It's important to choose platforms that comply with FSCA regulations.
💹 TaxationForex trading profits are subject to taxation under South African tax law. Traders should declare their earnings and pay the appropriate taxes. It’s advisable to consult with a tax professional for guidance.
💱 Investor ProtectionThe FSCA provides a level of investor protection by ensuring that brokers adhere to strict regulatory standards, including safeguarding clients' funds and transparency in trading practices.
💵 Currency UseWhile South African Rand (ZAR) is not always available as a base currency, traders can still trade in major currencies and convert their funds as needed.

 

What is the Financial Sector Conduct Authority (FSCA)?

The FSCA was established in 2018, taking over from the Financial Services Board (FSB) to focus on market conduct regulation.

The FSCA is responsible for supervising and regulating the conduct of financial institutions and service providers, ensuring that they operate fairly, transparently, and in the best interest of consumers.

The FSCA regulates various financial entities, including banks, insurance companies, investment firms, pension funds, and forex brokers.

 

In Conclusion

Forex trading in South Africa is a well-regulated and viable activity for traders, with a supportive regulatory environment provided by the Financial Sector Conduct Authority (FSCA).

 

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Frequently Asked Questions

 

Can South African traders open an account with AvaTrade?

South African traders can open accounts with AvaTrade. The broker accepts South African clients and supports trading in ZAR (South African Rand).

 

What is the minimum deposit required to start trading with AvaTrade?

The minimum deposit required to open a trading account with AvaTrade is 100 USD/1803 ZAR.

 

Is Exness regulated?

Exness is regulated by several financial authorities, including the FCA (UK), CySEC (Cyprus), and the FSCA (South Africa).

 

What is the minimum deposit required to open an account with Exness?

No Minimum deposit is required to Open an Exness account.

 

What is XM?

XM is a well-established Forex broker that provides trading services across various asset classes, including forex, indices, commodities, and shares.

 

Is XM a regulated broker?

XM is regulated by several reputable financial authorities, including the UK’s Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC).

 

What is Markets.com?

Markets.com is a well-established online trading platform that offers a variety of financial instruments, including forex, stocks, indices, commodities, and CFDs. It is known for its user-friendly interface and robust trading features.

 

Is Markets.com regulated?

Markets.com is regulated by reputable financial authorities, including the Financial Conduct Authority (FCA) in the United Kingdom and the Cyprus Securities and Exchange Commission (CySEC) in Cyprus.

 

What is FXPro?

FXPro is a global Forex and CFD broker that offers a range of trading instruments, including Forex, stocks, commodities, and indices. It is known for its strong regulatory compliance and advanced trading platforms.

 

Is FXPro regulated?

FXPro is regulated by several top-tier financial authorities, including the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC), and the Dubai Financial Services Authority (DFSA).

 

There are no reviews yet. Be the first one to write one.


4.2/5 - (63 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

September 11, 2024

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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