This is a complete listing of The 10 Best Future Forex Brokers in South Africa for 2025. In this in-depth write-up you will learn:
- ✅ The Best Broker for Futures Trading
- ✅ Best Futures Trading Platform for Beginners
- ✅ A Detailed Futures Brokers List
- ✅ Interactive Brokers Futures – How to Start.
- ✅ The Cheapest Discount Futures Broker – Revealed.
- ✅ Commission-Free Futures trading – Explained
- ✅ Which broker offers futures?
- ✅ Best MT4 / MT5 Brokers for Futures Trading in SA.
- ✅ Can you trade futures in South Africa?
- ✅ Where can I trade Forex Futures?
- ✅ Can I trade futures with $100 USD / R1900 ZAR?
- ✅ What are Futures in Forex?
- ✅ Is Future Forex trading legit?
- ✅ Which is better – Options vs Futures?
- ✅ Which is better – Forwards vs Futures?
- ✅ Why trade Forex Futures?
- ✅ Forex Futures – An Example.
- ✅ Forex Futures Prices for small accounts – A Breakdown.
-
✅ Best Trading platform for e-mini futures.
And much, Much more!
Forex Futures – A Definition
Forex futures are standardized futures contracts to buy or sell currency at a set date, time, and contract size. Unlike forwards, futures contracts are publicly traded, non-customizable, and guaranteed against credit losses by an intermediary.
10 Best Futures Forex Brokers in South Africa
🔎 Provider | 📉 Futures Trading | 🚀 Open an Account | 💶 Min. Deposit (USD) | 💳 Min. Deposit (ZAR) |
🟥 Interactive Brokers | ✅ Yes | 👉 Click Here | $0 USD | R0.00 ZAR |
🟧 TD Ameritrade | ✅ Yes | 👉 Click Here | $0 USD | R0.00 ZAR |
🟨 Tickmill | ✅ Yes | 👉 Click Here | $100 USD | R1863.52 ZAR |
🟩 Swissquote | ✅ Yes | 👉 Click Here | $1000 USD | R18833,80 ZAR |
🟦 Forex.com | ✅ Yes | 👉 Click Here | $100 USD | R1863.52 ZAR |
🟪 FXCM | ✅ Yes | 👉 Click Here | $50 USD | R941,69 ZAR |
🟥 ActivTrades | ✅ Yes | 👉 Click Here | $500 USD | 9416,90 ZAR |
🟧 Tradestation | ✅ Yes | 👉 Click Here | $0 USD | R0.00 ZAR |
🟨 Charles Schwab | ✅ Yes | 👉 Click Here | $0 USD | R0.00 ZAR |
🟩 eTrade | ✅ Yes | 👉 Click Here | $0 USD | R0.00 ZAR |
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
10 Best Futures Forex Brokers in South Africa
- ✅ Interactive Brokers – Best Futures Broker in 2025
- ✅ TD Ameritrade – Best Futures Broker for Day Traders
- ✅ Tickmill – Best Suited to Professional Futures Traders
- ✅ Swissquote – Top Choice for Dedicated Futures Traders
- ✅ Forex.com – Trusted Futures Forex Broker
- ✅ FXCM – Competitive pricing
- ✅ ActivTrades – Desktop Futures Trading
- ✅ TradeStation – Mobile Futures Traders
- ✅ Charles Schwab – Highly Regulated Futures Broker
- ✅ E*Trade – Leading Broker for Futures Education
Interactive Brokers
Interactive Brokers is a leading broker that offers access to low commissions for futures traders with the ability to trade commodity futures and futures options globally on 30+ market centers. Interactive Brokers additionally offers industry-low margin rates, powerful futures trading tools, and educational material for beginner futures traders.
Interactive Brokers Overview
🔎 Broker | 🥇 Interactive Brokers |
💰 Minimum Deposit | $0 USD / R0 ZAR |
📒 Demo Account | ✔️ Yes |
👨🏼💼 Managed Accounts | ✔️ Yes |
💳 Deposit Options | Bank Wire Transfer and PayPal |
💳 Withdrawal Options | Bank Wire Transfer |
🚀 Open an Account | 👉 Click Here |
Interactive Brokers’ Pros and Cons
✅ Pros | ❎ Cons |
Wide range of products | Limited Funding and Withdrawal Options |
Highly regulated | Best suited to experienced traders |
Trades on 80+ exchanges | Commission structure benefits high volume trades |
Min Deposit
USD 0
Regulators
CFTC, NFA, IIROC, FCA, CBI, ASIC, SFC, MNB, CSSF
Trading Platform
Proprietary Platforms
Crypto
Yes
Total Pairs
91
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
TD Ameritrade
TD Ameritrade boasts a wide range of trading tools, available to investors interested in Futures Trading. TD Ameritrade’s day trade margin falls at 25% with a $15,000 USD / R 282’507,00 ZAR minimum deposit required for virtual trading capabilities in over 60 futures products.
TD Ameritrade Overview
🔎 Broker | 🥇 TD Ameritrade |
💵 Minimum Deposit | $0 USD, R0 ZAR |
💳 Commissions | $0 USD, R0 ZAR on online stock and ETF trades |
💰 Options (per contract) | $0.65 USD, R10 ZAR |
💵 Inactivity Fee Charge | ❌ No |
💵 Withdrawal Fee | ❌ No |
📌 Products offered | Stock, ETF, Forex, Fund, Bond, Options, Futures, Crypto |
📝 Demo Account | ✔️ Yes |
Open an Account | 👉 Click Here |
TD Ameritrade Pros and Cons
✔️ Pros | ❌ Cons |
Low trading fees (free stock and ETF trading) | You can trade only in the US markets |
Superb desktop trading platform | Slow and not fully digital account opening |
Great customer support | No credit/debit cards and electronic wallets for money transfer |
Min Deposit
USD 0
Regulators
SEC, FINRA, CFTC, MAS
Trading Platform
Web Trading Platform, ThinkorSwim
Crypto
Yes
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Tickmill
Tickmill offers traders the opportunity to invest in several futures exchanges with leverage up to 1:500 all whilst using exclusive analysis items and trading tools. Tickmill offers access to some of the most popular futures, including an S&P 500 micro e-mini, NASDAQ 100 micro e-mini, and micro Bitcoin futures.
Tickmill Overview
🔎 Broker | 🥇 Tickmill |
📉 Regulation and Licenses | Seychelles FSA, FCA, CySEC, Labuan FSA, FSCA |
🎁 Bonuses | Trader of the Month, Tickmill’s NFP Machine, $30 Welcome Bonus, IB Contest, Trade More, Get More |
⏰ Support Hours | 24/5 |
🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, Tickmill App |
📌 Account Types | VIP Account, Classic Account, Pro Account |
💴 Base Currencies | USD, EUR, GBP, PLN |
📊 Spreads | From 0.0 pips on the Pro and VIP Accounts |
💹 Leverage | 1:500 |
💵 Currency Pairs | 62, major, minor, and exotic pairs |
💶 Minimum Deposit | $100 |
💷 Inactivity Fee | None |
💳 Fees and Commissions | Spreads from 0.0 pips, commissions from $1 per side, per lot |
🤝 Affiliate Program | Yes |
🅰️ Scalping | ✅Yes |
🅱️ Hedging | ✅Yes |
📐 Trading Instruments | Forex, stock indices, energy indices, precious metals, bonds, cryptocurrencies, stocks, ETFs |
🚀Open an Account | 👉 Click Here |
Tickmill Pros and Cons
✅ Pros | ❌ Cons |
Tickmill offers robust trading platforms and innovative mobile trading | Currency conversion fees will apply for some deposits |
Tickmill has a very high trust score and is known for its competitive trading conditions | There are no fixed spread accounts offered |
There are several convenient funding options available including Skrill, Neteller, and others | The spreads are not the tightest |
Min Deposit
USD 100
Regulators
CySEC, FCA, FSA, FSCA
Trading Platform
MT4, MT5, Tickmill Trader
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Swissquote
Swissquote is a Futures Trading Broker best suited to affluent investors who value fund safety aside from the higher trading fees.
Swissquote Overview
🔎 Broker | 🥇 Swissquote |
📌 Regulation | FINMA, CSSF, FCA, DFSA, SFC, MAS and MFSA |
☪️ Islamic account (swap-free) | ☑️ Yes |
👍 Demo Account | ✅ Yes |
📊 Institutional Accounts | ☑️ Yes |
📊 Managed Accounts | ✅ Yes |
📈 Maximum Leverage | 1: 100 |
💰 Minimum Deposit | $ 1 000 USD |
🚀 Open an Account | 👉 Click Here |
Swissquote Pros and Cons
✔️ Pros | ❌ Cons |
Access to many markets and products | High trading fees |
No inactivity fee | Confusing trading platform selection |
Rock-solid background | Some research tools are not free |
Min Deposit
USD 1000
Regulators
FINMA, CSSF, FCA, DFSA, SFC, MAS, MFSA
Trading Platform
MT4, MT5, Advanced Trader
Crypto
No
Total Pairs
10
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Forex.com
Forex.com offers access to Futures Trading via Ninja Trader. NinjaTrader offers access to a trading platform both suited to beginner and advanced traders. Ninja Trader comes packed with a wide range of technical analysis tools.
Forex.com Overview
🔎 Broker | 🥇 Forex.com |
💰 Min. Deposit | $100 USD |
🔁 Spreads from | 0.1 |
🔽 Commissions | ✅ Yes |
▶️ Forex | $5 USD per round lot |
🛑 Inactivity Fee | $15 monthly after 12 months |
💳 Deposit Fee | Third-Party |
💳 Withdrawal Fee | Third-Party |
💻 Trading Platforms | MT4 / MT5 / Proprietary |
🆓 Demo Account | ✅ Yes |
☪️ Islamic Account | ❎ No |
🚀 Open an Account | 👉 Click Here |
Forex.com Pros and Cons
✅ Pros | ❌ Cons |
Low Forex Fees | Limited to Forex and CFDs |
Variety of Currency Pairs | High Stock CFD fees |
Diverse technical tools | Not user friendly |
Min Deposit
USD 100
Regulators
CIMA
Trading Platform
MT4, MT5, Proprietary Platform
Crypto
No
Total Pairs
91
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
FXCM
FXCM offers access to Futures Trading via Ninja Trader. NinjaTrader offers access to a trading platform both suited to beginner and advanced traders. Ninja Trader comes packed with a wide range of technical analysis tools and traders will have access to charts, simulated trading, and market analysis, the essentials for futures trading.
FXCM Overview
🔎 Broker | 🥇 FXCM |
📝 Regulation | FCA, ASIC, FSCA, CySEC |
💰 Min. Deposit | $50 USD / R750.00 ZAR |
📈Trading Desk Type | Market Maker |
🖱️ Custom Indicators | Yes |
💵 Forex Pairs | 42 |
💳 Cryptocurrency | None |
💻 Trading Platform | Trading Station Desktop, Metatrader 4, Capitalise AI, Tradingview Pro |
🔎 Account Types | Standard, Active Trader, Islamic Account, Demo Account |
📈 Leverage | 1:30 |
📧 Email/SMS Alerts | Yes |
📌 1K Micro Lots | Yes |
☑️ Forex Pairs | 42 |
💳 Commission | Yes |
🎉 Claim Bonus | Yes |
📱 Web and Mobile | Yes |
📊Copy Trading | Yes |
👥FXCM’s Rebate Program | Yes |
🔘 Tradeable Instruments | 276 |
☑️ Account Currency | USD, GBP, EUR |
🔥Live support | 5 days a week |
🚀 Open an Account | 👉 Open Account |
FXCM Pros and Cons
✅ FXCM Pros | ❌ FXCM Cons |
FXCM offers several resources to professional clients | Professional traders are not protected by compensation or a negative balance |
Min Deposit
USD 50
Regulators
FCA
Trading Platform
MT4, NinjaTrader, Trading Station
Crypto
Yes
Total Pairs
42
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
ActivTrades
ActivTrades is a traditional CFD broker that offers access to Futures, specially developed educational materials, and, spread betting instruments across forex, indices, shares, commodities, financials, and ETFs.
ActivTrades Overview
🔍 Broker's Name | 🥇 ActivTrades |
📍 Headquartered | London, UK |
📅 Year Founded | 2001 |
⚖️ Regulating Authorities | FCA, SCB, CSSF |
🌐 Countries not accepted for trade | United States |
☪️ Islamic Account (Swap Free) | ✅ Yes |
👍 Demo Account | ✅ Yes |
📊 Institutional Accounts | ✅ Yes |
📊 Managed Accounts | None |
📈 Maximum Leverage | 1:400 |
🚀 Open an Account | 👉 Click Here |
ActivTrades Pros and Cons
✅ Pros | ❎ Cons |
Low trading fees | Limited Product Profile |
Easy Account Set Up | Basic Research Tools |
Free Deposit | Inactivity Fee |
Min Deposit
USD 0
Regulators
FCA, SCB, CSSF
Trading Platform
MT4, MT5, ActivTrader
Crypto
Yes
Total Pairs
47
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
TradeStation
TradeStation is the perfect broker choice for active stock, options, and futures investors who rely on a broker’s high-powered trading platform and sophisticated analytical tools.
TradeStation Overview
Broker's Name | TradeStation |
📍 Headquartered | Plantation, Florida |
📅 Year Founded | 1982 |
⚖️ Regulating Authorities | FINRA, SEC |
🌐 Countries not accepted for trade | None |
☪️ Islamic account (swap-free) | None |
👍 Demo Account | None |
📊 Institutional Accounts | ✅ Yes |
📊 Managed Accounts | ✅ Yes |
🚀 Sign up bonus | ✅ Yes |
📈 Maximum Leverage | Leverage is often mentioned but no ratio is indicated |
👉 Open a account | 👉 Click Here |
TradeStation Pros and Cons
✅ Pros | ❎ Cons |
Great web and mobile trading platform | Not user-friendly deposit and withdrawal |
Low stock and ETF fees | No forex trading |
High-quality educational tools | Poor customer service |
Min Deposit
USD 500
Regulators
FINRA, SEC
Trading Platform
TradeStation 10, Web-based platform, FuturesPlus
Crypto
Yes
Total Pairs
55
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Charles Schwab
The Charles Schwab trading platform is easy to use and navigate making it a prime choice for beginner Future Traders. Furthermore, Charles Schwab offers access to both online and desktop trading platforms.
Charles Schwab Overview
🔎 Broker's Name | 🥇 Charles Schwab |
📍 Headquartered | United States |
📅 Year Founded | 1971 |
⚖️ Regulating Authorities | SEC, FINRA, CFTC, FCA and MAS. |
🌐 Countries not accepted for trade | Not indicated |
☪️ Islamic account (swap-free) | None |
👍 Demo Account | ✅ Yes |
📊 Institutional Accounts | ✅ Yes |
📊 Managed Accounts | ✅ Yes |
🚀 Open an Account | 👉 Click Here |
Charles Schwab Pros and Cons
✔️ Pros | ❌ Cons |
Free stock and ETF trading | High fees for some mutual funds |
Outstanding research | Product selection covers only the US market |
Great customer service | Not well-structured educational platform |
Min Deposit
USD 0
Regulators
SEC, FINRA, FCA, CFTC, MAS
Trading Platform
Schwab.com, StreetSmart Edge, StreetSmart Central
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
E*Trade
E*Trade is one of the most popular Forex Futures trading platforms with cost-free commission rates and impressive educational resources.
E*Trade Overview
🔎 Broker | 🥇 eTrade |
🏛️ Headquarters | Arlington, United States |
📅 Year Founded | 1982 |
⚖️ Regulating Authorities | Financial Industry Regulatory Authority, Inc. (FINRA) |
🌐 Countries not accepted for trade | Not indicated |
📌 Accounts | Brokerage account Core Portfolios Premium Savings Account Traditional IRA Roth IRA1 Rollover IRA |
☪️ Islamic account (swap-free) | None |
📒 Demo Account | None |
✴️ Institutional Accounts | ✅ Yes |
👨🏼💼 Managed Accounts | ✅ Yes |
⬆️ Maximum Leverage | Not indicated |
👉 Sign Up Bonus | None |
💰 Minimum Deposit | Zero |
🔎 Open an Account | 👉 Click Here |
E*Trade Pros and Cons
✅ Pros | ❎ Cons |
Low trading fees | Only US markets covered |
User-friendly mobile trading platform | Slow account verification |
Great research tools | No forex |
Free stock and ETF trading | Higher fees for non-free mutual funds |
Min Deposit
USD 0
Regulators
SEC, FINRA
Trading Platform
Power E*TRADE, E*TRADE Web Platform, E*TRADE’s Mobile Trading Platform
Crypto
No
Total Pairs
0
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Forward Contracts vs. Futures Contracts: What’s Best?
The term “forward contract” refers to a private and customizable agreement that will be settled at the end of the agreement and will be traded over the counter or OTC. Whereas a futures contract refers to an agreement with standardized terms and it is traded on an exchange, where prices are settled on a daily basis until the end of the contract.
Future Contracts are regulated and they come with less counterparty risk than forward contracts, therefore, in this instance, Future Contracts are best.
Futures vs Options: What’s best?
Futures and options are both commonly used derivatives contracts. Both hedgers and speculators use both Futures and options on a variety of underlying securities. However, Futures have several advantages over options, including:
- Futures are often easier to understand and value.
- Futures have greater margin use.
- Futures are often more liquid.
Therefore, in this instance, Futures are the better choice.
Conclusion
👉 Now it is your turn to participate:
➡️ Which of the 10 Best Futures Forex Brokers on this list do you intend to test out?
➡️ Why did you decide to engage with a certain broker?
➡️ Was it because of the minimum deposit or pros and cons?
👉 Regardless, please share your thoughts in the comments below.
Frequently Asked Questions
How does Forex futures work?
Forex futures are standard futures contracts that are used to buy or sell currency at a set date, time, and contract size.
What’s the difference between forex and futures trading?
Forex trading involves the buying and selling of currency, whereas futures trading is a way to trade thousands of financial markets.
Which is better to trade futures or forex?
With Forex, traders will get rapid execution and price certainty under normal market conditions. On the other hand, futures and equities markets do not offer price certainty or instant trade execution.
How many types of futures are there?
Futures Contracts include equity futures, index futures, commodity futures, currency futures, interest rate futures, VIX futures, and more.
Can Beginners Trade Futures?
Yes, Beginner Traders can trade futures and it is relatively easy and straightforward to understand.
Table of Contents
Toggle