All Share (J203) = 89 898
Rand / Dollar = 18.24
Rand / Pound = 23.65
Rand / Euro = 19.69
Gold (usd/oz) = 3 053.34
Platinum (usd/oz) = 985.51
Brent (usd/barrel) = 73.18
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Forex Brokers supported by TradingView

TradingView is a charting platform and social network used by more than 30 million traders and investors worldwide to spot excellent opportunities across global markets.

The following is a comprehensive list of at least 27 Forex brokers supported by TradingView:

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

TradeStation

Overview

Tradestation is a US forex broker founded in 1982 and is based in Plantation, Florida, and is regulated by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Tradestation offers several account types and three main platforms.  Tradestation offers equity, options, futures, and futures options trading online. Through Tradestation Crypto, clients can trade cryptocurrencies.

 

Pros and Cons

Pros Cons
Buy US-listed stocks and ETFs at 0% charge Not very user-friendly
Mobile app available No copy trading tools
Multiple account types Limited access to international assets
Well-regulated No forex trading markets

 

OANDA

Overview

OANDA is a forex broker company with headquarters in New York City.

OANDA was founded in 1996 and is one of the first companies that provided inclusive currency exchange information online.  OANDA has offices in the United States of America, Canada, the United Kingdom, Japan, Singapore, and Australia.

OANDA is regulated by six major authorities, offering both Forex and CFD trading, corporate FX payments, and exchange rate services.

 

Pros and Cons

Pros Cons
The account opening process is fully digital Only FX and some CFDs are available
Easy-to-use web trading platform High withdrawal fee for bank transfers
No minimum deposit ID verification slows down account opening
Low forex fees

 

FOREX.com

Overview

FOREX.com was founded in 1999 as part of GAIN Capital Holdings which is listed on the New York Stock Exchange. It operates in multiple countries with licenses in the US, UK, Canada, Japan, and Australia. FOREX.com is regulated by top-tier financial authorities.

 

Pros and Cons

Pros Cons
Low forex fees Limited product portfolio
Great variety of currency pairs High stock CFD fees
Diverse technical research tools
Regulated by several authorities

 

Alpaca Trading

Overview

Alpaca Trading was created in 2015 as a commission-free API stockbroker and is based in San Mateo, California, for residents of the United States. It is controlled by the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA).

Alpaca provides access to US stock markets, historical data, and fundamental data.

 

Pros and Cons

Pros Cons
Good charting tools Only US stocks and ETFs to trade
Free stock and ETF trading Limited deposit and withdrawal options
Good API trading service Customer support limited to email

 

AMP Global

Overview

AMP Global is a forex, CFD, and futures brokerage that was established in 2010.

AMP also has a legal entity in the United States called AMP Futures, which offers futures trading. AMP Futures is governed by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC).

 

Pros and Cons

Pros Cons
Low trading fees High wire withdrawal fees
Easy account opening Limited research tools
High-quality educational tools provide Only futures, forex, and CFDs are available

 

FXCM

Overview

FXCM is a broker in the United Kingdom that offers CFD trading on shares, stock indices, forex, commodities, and cryptocurrencies. FXCM was founded in 1999, and its majority owner, Jefferies Financial Group, is traded on the New York Stock Exchange.

FXCM is regulated by the UK’s Financial Conduct Authority (FCA) and the Australian Securities and Investments Commission (ASIC). It is also governed by the Cyprus Securities and Exchange Commission (CySEC) and the Financial Sector Conduct Authority of South Africa (FSCA).

 

Pros and Cons

Pros Cons
Straightforward account opening No two-step authentication on platforms
Good technical research tools High bank withdrawal fees
Quality educational content Limited product portfolio

 

Gemini Capital Markets

Overview

Gemini Capital Markets is a Forex Broker that provides MetaTrader 4, MT4 Mobile, and Web trading platforms. Gemini Cap is a b-book broker in terms of order execution (market maker) that offers forex, indices, stocks, CFDs, and commodities trading. The SCB (Bahamas) regulates Gemini Cap.

 

Pros and Cons

Pros Cons
More than 50 cryptocurrencies Higher fees than many crypto exchanges.
Site insurance against exchange hacks
Available in all US states.

 

 

Tradovate

Overview

Tradovate is a futures broker with a tiered pricing structure and a proprietary trading platform at a price. Tradovate includes a community section to connect with other traders for sharing trading ideas.

 

Pros and Cons

Pros Cons
Free trading platform Currently only supports futures trading
Tiered pricing structure
Easy for experienced futures traders

 

FCM (Fidelis Capital Markets)

Overview

FCM Forex is a Cypriot-based broker that was established in 2013 and is regulated by CySEC.

FCM is an abbreviation for Fidelis Capital Markets Ltd. With the broker, you can trade currencies, indices, metals, and CFDs.

 

Pros and Cons

Pros Cons
Welcome deposit bonus of 100% Commissions charged
Several popular deposit methods Only 24/5 support
Five different ECN/STP account types

 

CQG Trader

Overview

CQG Trader is good for professional traders, combining analytics, charts, and multiple trade execution interfaces into a single solution.

CQG Trader provides industry-leading market data, state-of-the-art charting, and analytics, and numerous chart styles, including the CQG-exclusive TFlow®.

Pros and Cons

Pros Cons
Spreadsheet Trader Not for beginner traders
Auto and alert trading
All major and minor FX pairs

 

iBroker

Overview

iBroker was founded in 1978 and is regulated by the UK’s Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC).

It is present on every continent and offers many account types, which differ in terms of ownership and the service provided.

 

Pros and Cons

Pros Cons
Easy to use Complicated account opening process
Real time Quotes and Account Status
Powerful trading
Fully customizable charts

 

Saxo Bank

Overview

Saxo Bank is a Danish investment bank founded in 1992 that offers online trading and investment. It is regulated by the Danish Financial Services Agency (FSA) and the UK’s Financial Conduct Authority (FCA).

 

Pros and Cons

Pros Cons
Great trading platform High bond, options, and futures fees
Broad product portfolio High minimum deposit
Outstanding research Lacks live chat and 24/7 availability

 

Pepperstone

Overview

Pepperstone is a forex broker company in Australia, regulated in Australia and the UK, and has offices in the United States, United Kingdom, China, and Thailand.

Pepperstone was established in 2010 in Melbourne.

Pepperstone offers the full MetaTrader and cTrader suites, and cAlgo. Traders can use two account types – Razor or Standard.

 

Pros and Cons

Pros Cons
Fast digital account opening Only forex, CFDs, and crypto to trade
Low forex and equity index CFD fees No investor protection for non-EU clients
Low non-trading fees High financing rate for CFDs
No deposit or withdrawal fee High bank withdrawal fee outside EU/Australia

 

Tickmill

Overview

Tickmill is a UK-based forex and CFD broker established in 2014. Tickmill is an NDD forex and CFD broker and member of Tickmill Group, which is regulated by the Seychelles Financial Services Authority (FSA), as well as regulators like FSCA, FCA (UK), and CySEC.

They offer instant internet banking deposit methods and quick bank transfer withdrawals and traders can open live accounts with a minimum deposit of $100.

Tickmill offers MetaTrader 4 (MT4), but not MetaTrader 5 (MT5).

 

Pros and Cons

Pros Cons
Competitive Pricing Limited platform options
Well regulated No Metatrader5
Instant deposit via Internet bank transfer
High leverage

 

Capital.com

Overview

Capital.com was founded in 2016 and operates in over 50 countries from offices in London, Cyprus, and Gibraltar.

Capital.com is compliant with the European Security and Markets Authority (ESMA) and regulated by the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the National Bank of the Republic of Belarus (NBRB).

 

Pros and Cons

Pros Cons
Offers CFDs and Forex on range of assets MT5 not offered
Competitive spreads No Islamic Account options
Unique platforms and mobile app
Properly regulated

 

Global Prime

Overview

Global Prime is an online forex broker since 2025 as part of the GT Group.

Global Prime operates an STP or NDD model and offers traders access to more than 500 financial instruments including forex, cryptocurrencies, indices, metals, energies, and shares, with the use of MetaTrader 5.

 

Pros and Cons

Pros Cons
MT5 and WebTrader Offshore broker
Good range of instruments No MetaTrader 4
Low minimum deposit Inactivity fee after 90 days
24/7 support

 

Timex Trading

Overview

Timex Trading is an Australian-based cryptocurrency exchange launched in 2019.

Non-registered users can also execute trades on the platform but only up to a specific limit. The TimeX Exchange is a hybrid cryptocurrency exchange based on Ethereum’s Plasma technology and was developed by the Australia-based blockchain project ChronoBank for fast, secure, transparent, and cryptographically-guaranteed trading.

 

Pros and Cons

Pros Cons
Easy monitoring of trading activities Fiat deposits accepted only via wire transfers
Accepts deposits in crypto and fiat currencies Trading fees are high.

 

EasyMarkets

Overview

EasyMarkets was founded in 2001 and operates in Cyprus.

EASYMARKETS is owned by Easy Forex Trading LTD and is regulated by the Cyprus Securities & Exchange Commission (CySEC). Spreads are high and traders are charged for using its proprietary trading platform. The MT4 platform is basic, and the WebTrader allows for limited to no authentic trading activity.

 

Pros and Cons

Pros Cons
Fixed spreads, no slippage or commissions. High spreads
Up to 50% first deposit bonus No cent account, VPS and forex calculators.
Innovative trading platform No clients from USA and several other countries.
Responsive and professional client support

 

WH Selfinvest

Overview

WH SelfInvest is an ECN and forex broker that provides a proprietary NanoTrader platform and excellent customer service. WH SelfInvest S.A is Luxembourg-based and was established in 1998. With offices in Frankfurt, Paris, and Zürich, the broker provides a variety of equities, CFDs, and forex options.

 

Pros and Cons

Pros Cons
80 free trading strategies and signals No MetaTrader 5
Award-winning proprietary trading platform Platform fees
Multiple trailing stops and target orders No cryptocurrency and Bitcoin trading
MT4

 

Alor

Overview

Alor Broker is a subsidiary of ALOR, one of Russia’s largest financial conglomerates. The broker has been in the securities market for nearly 20 years and possesses all necessary FFMS licenses. Alor Broker provides trading services on the Russian stock exchange.

 

Pros and Cons

Pros Cons
Wide range of trading platforms Little info available
Quick depositing and withdrawal of funds
Lowest spreads for most major currency pairs

 

IronBeam

Overview

IronBeam is an industry-leading futures broker providing cutting-edge technology, research, and clearing services to traders and introducing brokers worldwide.

 

Pros and Cons

Pros Cons
Free trading platform No indication of regulation
Low day margins
Free market research

 

HitBTC

Overview

HitBTC is a bitcoin exchange established in 2013 for buying and selling low-cap altcoins. It exchanges a wide variety of digital assets, including cryptocurrencies like bitcoin (BTC), Ethereum (ETH), litecoin (LTC), ripple (XRP), dogecoin (DOGE), monero (XMR), tron (TRX), dash (DASH), EOS (EOS) and tether (USDT). HitBTC is also open to bots, providing a range of APIs for automatic trading.

 

Pros and Cons

Pros Cons
Massive range of cryptocurrencies despite Unregulated exchange
Simple to use Busy interface
Very low trading fees Support slow and unresponsive

 

Tiger Brokers

Overview

Tiger Brokers was founded in 2014 and is listed on NASDAQ. The broker has more than a million users worldwide and offers cutting-edge technology on one integrated account that gives investors access to securities, ETFs, futures, options, funds, and more on global markets.

 

Pros and Cons

Pros Cons
Excellent Proprietary software No MetaTrader
Quick and easy account setup Few payment methods
Transparent about fees and pricing Few education resources

 

Currency.com

Overview

Currency.com is the first regulated tokenized securities exchange located in Minsk, Belarus. It allows traders to buy and sell over 2000 tokenized securities, including classic cryptocurrencies like Bitcoin, Ethereum, and Litecoin, as well as stock indices, commodities, and government bonds. Its platform is tailored for cryptocurrency investors.

 

Pros and Cons

Pros Cons
Diverse range of asset classes No access for U.S. residents
Real-time “spot” transactions Limited regulatory oversight
Accepts deposits in fiat and cryptocurrencies

Low minimum deposits

Minimum withdrawal amounts for all cryptos
Responsive 24/7 support

 

Chaka

Overview

Chaka is an investment platform for buying stocks and ETFs from Nigerian and U.S stock exchanges.

The company behind Chaka is registered with the Corporate Affairs Commission (CAC) and investors have instant access to over 4,000 stocks & ETFs on the Nigerian Stock Exchange, New York Stock Exchange, and NASDAQ.

 

Pros and Cons

Pros Cons
Claims to be regulated Several types of brokerage fees charged
The minimum deposit for local stocks is 1,000 Naira, and $10 for international trades.

 

BingX

Overview

BingX is a cryptocurrency exchange registered in Singapore and trades since 2025 when it was born from a rebranding of Bingbon, which had been active since 2018.

It focuses on derivatives trading but also supports spot trading and traders can engage in derivatives trading connected to Aave, Binance Coin, Bitcoin, ChainLink, Chiliz, Decentraland, Dogecoin, Enjin Coin, Ethereum, Pancakeswap, Ripple, The Sandbox, and Uniswap.

 

Pros and Cons

Pros Cons
Bonuses offered Trading fees charged
Can deposit regular cash Fixed withdrawal fees
Leveraged trading No US investors

 

Optimus Futures

Overview

Optimus Futures was founded in 2005, is US-based, and provides numerous trading platforms (40+) with advanced research tools. It is regulated by the US National Futures Association (NFA).

Optimus Futures is an introducing broker of six futures commission merchants (FCMs): AMP, Ironbeam, ADM Investor, GAIN Capital (brand name of City Index and Forex.com), TradeStation, and Wedbush.

 

Pros and Cons

Pros Cons
Low trading fees High withdrawal fee
Fast customer service No mobile app
Great platform and research Desktop app only for Windows
Only futures and options on futures
Rate this post

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

November 19, 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.

Accordion Content

🏆 Top 4 Brokers

Account Minimum

$100

Pairs Offered

55+

Account Minimum

$1

Pairs Offered

240+

Account Minimum

$100

Pairs Offered

70+

Account Minimum

$0

Pairs Offered

50+

AvaTrade-Logo

Account Minimum

$15

Exclusive to SAShares Clients

Account Minimum

$1

Account Minimum

$100

Account Minimum

$0