27 Best Forex Brokers in Eswatini

Forex trading has experienced a surge in popularity throughout the African continent, and traders in Eswatini are no exception. Bolstered by faster and more reliable internet connection, and an entrepreneurial demographic, Forex trading has taken the country by storm.

In this article, we explore the 27 Best Forex Brokers in Eswatini, offering advanced and secure features and conditions that will allow you to take your trading to the next level.

10 Best Forex Brokers in South Africa for 2025

Rank

Broker

Review

Regulators

Min Deposit

Official Site

#1

Read Review

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

$100

Visit Broker

#2

Read Review

FSCA, CySEC, FCA, DFSA, FSA, CMA

$0

Visit Broker

#3

Read Review

CySEC, MWALI, FSCA

$25

Visit Broker

#4

Read Review

CySEC, FCA, FSA, FSCA

$100

Visit Broker

#5

Read Review

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

$10

Visit Broker

#6

Read Review

CySEC, ASIC, FSA, BVI, FSCA

$25

Visit Broker

#7

Read Review

ASIC, CySEC, FSA, SCB

$200

Visit Broker

#8

Read Review

ASIC, CySEC, FSCA, FSA, FSC, CMA

$100

Visit Broker

#9

Read Review

FCA, CySEC, FSCA, SCB

$100

Visit Broker

#10

Read Review

FSCA, FSC, ASIC, CySEC, DFSA

$5

Visit Broker

#1

4.8/5

User Score

Sign Up

#2

4.7/5

User Score

Sign Up

#3

4.7/5

User Score

Sign Up

#4

4.4/5

User Score

Sign Up

#5

4.7/5

User Score

Sign Up

#6

4.0/5

User Score

Sign Up

#7

4.7/5

User Score

Sign Up

#8

4.8/5

User Score

Sign Up

#9

4.5/5

User Score

Sign Up

#10

4.9/5

User Score

Sign Up

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Olymp Trade

Olymp Trade is one of the most popular online trading brokers in the industry and currently has over 25,000+ clients trading every day on their platform.  This broker has been around since 2014 and has continuously improved their trading platform over the years.

Over the years, Olymp Trade has won numerous awards such as Best Financial Broker (CPA Life Awards 2017), Best Options Trading Platform (Le Fonti 2016), Best Options Broker (Forex Expo 2017), and The Fastest Growing Broker (ShowFx World 2016).

Pros and Cons

Features

AvaTrade

Overview

Originally founded as AvaFX in 2006, AvaTrade offers average-to-competitive spreads and a broad variety of tradable instruments through its Ireland headquarters and multiple global offices, with financial registration across six jurisdictions on five continents.

New traders can open accounts for as little as $100 while the broker’s commitment to education should get them up to speed quickly. A dedicated educational and research site has been recently developed, now offering a broader variety of free courses, videos, and market analysis.

Pros and Cons

Features

Alpari

Overview

Founded in 1998, Alpari is a leading pioneering online forex and CFD broker in the industry. The broker was one of the first brokers that adopted the popular MetaTrader 4 trading platform.

Hence, it is not surprising that Alpari is currently the largest MetaTrader based forex broker in the world. The broker is also credited for being the broker that introduced the PAMM money manager service into the online trading industry.

Based in Saint Vincent and the Grenadines, Alpari currently serves more than 2 million clients all over the world.

Pros and Cons

Features

Admiral Markets

Overview

Admiral Markets primarily caters to retail traders, and it does provide research and education for new clients.

This broker offers its clients an excellent upgrade to the basic MT4 and MT5 trading platforms, with over 4,000 assets available which allow traders to conduct proper cross-asset diversification.

Pros and Cons

Features

XTB

Overview

XTB is an online brokerage firm that provides customers a platform for Contracts-for-Difference (CFD) trading. Alongside forex, XTB’s CFDs markets include indices, commodities, shares, ETFs, and cryptocurrencies.

Traders have a choice of three trading platforms – XTB’s web-based xStation 5, xStation Mobile, and MetaTrader4 (MT4). XTB Traders can access over 1,500 instruments and demo account options with all three.

Pros and Cons

Features

FXTM

Overview

Cyprus-based ForexTime Limited, commonly referred to as FXTM, is one of the world’s most popular forex and contracts for difference (CFD) brokers.

Since 2011, FXTM has provided traders with a wide range of trading instruments and educational resources, as well as fund protection, free demo accounts and account managers.

FXTM is regulated in several jurisdictions and supports the MetaTrader 4 and 5 (MT4&5) trading platforms and their mobile apps.

Pros and Cons

Features

FxPro

Overview

Established in 2006, FxPro Group Limited is the holding company of FxPro Financial Services Ltd, FxPro UK Limited and FxPro Global Markets Ltd. A live trading account offers access to six different asset classes as well as 250 instruments.

Benefits include assistance from a dedicated accounts manager, free trading analysis and tools, several platforms including the FxPro Edge, MT4, cTrader and MT5, while the minimum deposit of 100 USD can be made via several payment methods.

Pros and Cons

Features

Tickmill

Overview

Tickmill is an online trading service that has been in business since 2014. The broker has offerings to appeal to beginner and expert traders alike and has several account types.

This includes a range of educational resources that will help you to design and execute trading strategies, and it also provides some competitive trading conditions.

Pros and Cons

Features

HotForex

Overview

HotForex is a Forex broker specializing in trading services and providing a place for both corporate and retail clients.

The broker has a stable trading market, offers one of the lowest commissions and fees applied in the Forex retail industry, and has excellent customer support.

Pros and Cons

Features

XM

Overview

XM is a forex broker company that was initiated in Cyprus, in 2009. It provides its services to over 196 countries, with the bonus of its customer service speaking in 30 languages. XM has been fully functioning since 2009 and has continued its rise to success ever since.

XM provides variable spreads, similar to that of the Interbank Forex Market. The spreads do not apply any restrictions on trading processes during press releases on the industry.

For trading clients, they benefit a lot from these conditions, as fixed spreads are higher, and they consist of more flexibility than other distinguished trading strategies.

Pros and Cons

Features

FBS

Overview

FBS is an online Forex, CFD and crypto broker. They have a large Asian presence and have been around for over 10 years.

They offer traders the opportunity to trade a range of different assets on both STP and ECN accounts. Using well know trading platforms, users can trade these markets with leverage of up to a very high 3000:1.

Pros and Cons

Features

IC Markets

Overview

Founded in 2007, International Capital Markets Pty Ltd (IC Markets) was established in Sydney and acquired an Australian Financial Services License (AFSL) with the Australian Securities and Investment Commission (ASIC) in 2009.

Today, IC Markets offers a suite of trading platforms from MetaQuotes Software Corporation, including MetaTrader4 (MT4) and MetaTrader 5 (MT5), as well as the suite of cTrader platforms from SpotWare Systems.

In addition to providing traders 63 forex pairs and 41 CFDs on indices, metals, cryptocurrencies, and futures contracts on its available account types, IC Markets also provides social copy trading via Myfxbook and on the ZuluTrade platform.

Pros and Cons

Features

RoboForex

Overview

RoboForex provides STP and market maker forex brokerage services in the forex marketplace.

The Roboforex brand was launched in 2010 with its corporate headquarters in Auckland, New Zealand. Roboforex is owned by Roboforex LP and is registered with the Financial Service Provider (FSP) in New Zealand with registration number FSP246525.

RoboForex caters for all types of traders with their multiple account types, trading platforms and trade conditions. There is always an account type for every kind of trader.

Pros and Cons

Features

Exness

Overview

Exness has CFDs available for cryptocurrency, stocks, more than 120 currency pairs, energy, and metals.

Exness’s service provides favourable working conditions for traders: low commission, instant execution of orders and withdrawal of funds.

An infinite leverage makes it possible to earn on small deposits up to $999. There are several options for opening an account depending on the traders’ needs.

Pros and Cons

Features

BDSwiss

Overview

BDSwiss was founded in 2012 and offers trading accounts regulated under the Mauritius Financial Services Commission and the Cyprus Securities and Exchange Commission.

Users can trade on more than 250+ financial CFD instruments covering Forex, Commodities, Cryptocurrencies, Indices and Equities.

These are available on 3 account types called Classic, VIP and Raw on the MetaTrader 4 and MetaTrader 5 trading platforms and the broker’s own BDSwiss Web Trader and BDSwiss Mobile App.

Pros and Cons

Features

NordFX

Overview

NordFX is an international brokerage company offering a full range of online trading services in currencies, cryptocurrencies, gold, and silver in the Forex market.

Investments in global stocks with high income and with capital protection up to 100%, and RAMM, the newest system for the automatic copying of trade signals, are among services offered by NordFX.

Pros and Cons

Features

HYCM

Overview

HYCM (formerly HY Markets) is the trading name of Henyep Capital Markets UK Ltd., a division of the Henyep Group, a global conglomerate with various business activities spanning 3 continents and 20 countries world-wide.

Set up 35 years ago, the Henyep Group operates out of its offices in London, Dubai, Hong Kong, Kuwait, and Cyprus and is regulated by the relevant authorities in those countries.

HYCM is a retail forex broker that offers trading in several currency pairs, various CFDs on indices, commodities, stocks, and precious metals, available on two trading platforms. The company also offers binaries trading service through its HY Options brand.

Pros and Cons

Features

OctaFX

Overview

The Octa trading platform, founded in 2011, is a global broker regulated by CySEC (Cyprus Securities and Exchange Commission). It has a strong foothold in the Asian market, and most of its business operations are handled out of Jakarta in Indonesia. It has over 900,000 users and clears USD4 billion of trade volumes every day. It received the title of best Forex Broker ASIA in 2019.

Like some of its global peers, Octa offers the pricing and experience of a no-frills broker coupled with excellent, top-quality learning resources and copy trading options.

Pros and Cons

Features

Pepperstone

Overview

Pepperstone will suit experienced FX traders requiring an extremely fast, reliable low-cost ECN trading environment and wide variety of Forex instruments to trade.

Pepperstone Forex broker is also suited to foreign exchange traders who include scalping, Expert Advisor for MetaTrader, automated trading or hedging strategies, as these are all welcomed and available from Pepperstone accounts and trading platforms.

Pros and Cons

Features

eToro

Overview

eToro is one of the biggest names in the industry as far as the forex market is concerned.

They have been operating since 2007 and have become a household name around the due to their excellent, top-tier regulation, and the advanced trading experience they offer to those looking to get involved in social trading or forex.

The eToro trading platform is the best-known strength of the broker and is one of the most user-friendly trading platforms in the entire industry.

Pros and Cons

Features

IronFX

Overview

Launched in 2010 by a larger company that has been established since 1972, IronFX is committed to offering personalised service to their many clients across the globe.

As well as the choice of 10 trading platforms, there are several accounts to choose from. From the novice trader to the high-net-worth investors, there is something for everyone.

Pros and Cons

Features

Trading 212

Overview

Trading 212 is a broker based in London, UK. The company was founded in 2004 but started to gain in popularity only in 2016.

On the Trading 212 platform it is possible to trade on more than 1000 different stocks, and 100 different currencies and indexes.

The broker has focused more effort on providing a great Stocks investing platform. There are all the main companies’ stocks available (Tesla, Google, Coca Cola, Ferrari, Apple, Microsoft, etc.) and the main local companies for every country.

All the major currencies are available too and the same can be said for indexes.

Pros and Cons

Features

IQ Option

Overview

IQ Option is a versatile trading platform that allows its customers to swap Contracts for Variations (CFDs) on commodities, currencies, Exchange Traded Funds (ETFs), Forex, and many other digital assets from the outset as a dealer in digital options.

Pros and Cons

Features

FXCM

Overview

FXCM is a market-making broker with a long history in the market, having been founded in 1999 in New York.

The venerable broker now has headquarters in London, UK and is regulated by the country’s Financial Conduct Authority (FCA), as well as many other strict regulatory authorities around the world including in Australia (ASIC) and South Africa (FSCA).

FXCM offers traders a few different accounts, with forex and CFD instruments (commodities, crypto and more), leverage, and an impressive variety of plugins and accompanying applications.

Pros and Cons

Features

FX Primus

Overview

FX Primus is a veteran in the online brokerage world, with over a decade of experience under its belt. It started operating in 2009 and celebrated its tenth-anniversary last year.

The brokerage offers a range of trading services, including stock, forex, and digital currency trading. The firm has multiple branches, but the primary one is in Limassol, Cyprus.

Pros and Cons

Features

easyMarkets

Overview

easyMarkets was originally founded as easyForex in 2001 but changed its name when it expanded its product offerings to include other asset classes.

Those focused on the forex market can trade a wide variety of currency pairs ranging from the majors to exotics, while easyMarkets’ formerly forex centred product offering has now expanded to include forex forward contracts, commodity and index CFDs, and vanilla forex options.

Pros and Cons

Features

Oanda

Overview

Oanda offers 2 types of trading accounts: A Standard Account and Premium Account.

Both accounts offer 24 hours a day, 5 days a week support, the ability to trade Forex, Indices, Metals, Commodities and Bond CFDs, as well as institutional-grade execution on OANDA Trade, the broker’s own, proprietary – and award-winning – trading platform.

Pros and Cons

Features

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Frequently Asked Questions

Is forex trading allowed in Eswatini?

Yes, forex trading is allowed in Eswatini.

Are there forex brokers in Eswatini who do not scam traders?

Yes, there are many forex brokers in Eswatini who are trustworthy and well-regulated that traders can choose from.

Do forex brokers in Eswatini offer accounts for demo trading?

Yes, most of the brokers operating in Eswatini do offer demo trading accounts.

Is Islamic forex trading available in Eswatini?

Yes, there are brokers in Eswatini who offer Islamic trading accounts.

What are the tradable instruments available in Eswatini?

Traders in Eswatini can trade with a wide selection of instruments including, but not limited to CFDs, stocks, currency pairs, indices, commodities, equities.