All Share (J203) = 89 744
Rand / Dollar = 18.22
Rand / Pound = 23.58
Rand / Euro = 19.76
Gold (usd/oz) = 3 027.38
Platinum (usd/oz) = 986.47
Brent (usd/barrel) = 70.70
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

10 Most Expensive Shares in South Africa

 

The 10 Most Expensive Shares in South Africa revealed. We have conducted extensive research to identify the most expensive shares that investors can buy in South Africa in 2025.

This is a complete guide to the 10 Most Expensive Shares in South Africa.

 

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

 

10 Most Expensive Shares in South Africa Review – 7 Key Point Quick Overview

 

  1. ✅ 10 Most Expensive Shares in South Africa Compared
  2. ✅ 10 Most Expensive Shares in South Africa
  3. ✅ How are share prices determined in South Africa?
  4. ✅ How to Choose the Right Share CFD Broker in South Africa
  5. ✅ The Best Share CFD Brokers in South Africa
  6. ✅ Conclusion
  7. ✅ Frequently asked questions

 

In this in-depth guide, you’ll learn:

  • 10 Most Expensive Shares in South Africa Compared
  • How are share prices determined in South Africa?
  • 10 Most Expensive Shares in South Africa
  • How to Choose the Right Share CFD Broker in South Africa
  • The Best Share CFD Brokers in South Africa
  • Conclusion
  • FAQ

 

10 Most Expensive Shares in South Africa Compared

 

ℹ️ Broker#️ JSE Stock Symbol📊 Share Price📊 % of JSE📈 JSE Value Ranking🧢 Market Cap📊 EPS📈 P/E Ratio📊 Dividend Yield
🏛️ NaspersJSE: NPNR3,359.056.67%5th1.46 trillion ZARR25.7227130.590.2%
🏛️ Capitec Bank Holdings LimitedJSE: CPIR1,791.870.94%16th208 billion ZARR78.8722.722.14%
🏛️ Prosus N.V.JSE: PRXR1,405.4212.8%2nd2.82 trillion ZARR37.818537.160.17%
🏛️ Anglo American Platinum LimitedJSE: AMSR1,140.911.38%11th303 billion ZARR225.355.067.89%
🏛️ Anheuser-Busch InBev SA/NVJSE: ANHR1,056.449.73%3rd2.13 trillion ZARR39.942926.450.8%
🏛️ Absa Bank Preference SharesJSE: ABSPR8751.81%8th397 billion ZAR--6.15%
🏛️ Anglo American plcJSE: AGLR6964.24%7th931 billion ZARR85.00788.195.55%
🏛️ British American Tobacco PlcJSE: BTIR681.686.95%4th1.52 trillion ZARR67.078310.166.4%
🏛️ BHP GroupJSE: BHGR599.9313.9%1st3.04 trillion ZARR67.60608.878.7%
🏛️ Textainer Group Holdings LtdJSE: TXTR5950.122%78th26.7 billion ZARR102.37505.812.97%

 

10 Most Expensive Shares in South Africa

 

Naspers shares

 

Naspers Ltd

 

🏛️ Naspers Ltdℹ️ Information
💰 Share PriceR3,359.05 ( at market close on 17/02/2024 )
📅 Date Established1915
🏭 IndustrySoftware and Computer Services
🏭 SectorTechnology
💰 Market Capitalization1.46 trillion ZAR
📊 Shares Outstanding436 million
💰 Earnings per Share (EPS)R25.7227
📈 Price-to-Earnings Ratio (P/E)130.59
📊 Dividend per Share in ZARR6.60
📈 Dividend Yield Percentage0.2%
💰 Gross Turnover1.09 billion ZAR
💯 1Y Performance (%)+48.1%
💯 6-Month Performance (%)+37.3%
💯 3-Month Performance (%)+30.2%

 

Naspers Ltd is a global media and technology company headquartered in South Africa.

Naspers was founded in 1915 as a newspaper publisher. In addition, Naspers has since evolved into a diversified company with operations in e-commerce, internet services, social media, video entertainment, and other related areas.

 

Naspers has a significant presence in emerging markets, particularly in Africa and Asia, and owns several leading internet and e-commerce platforms. Some of the company’s most notable investments include:

 

  • Tencent: Naspers is the largest shareholder in Tencent, a Chinese multinational conglomerate that operates several of China’s most popular social media and internet services, including WeChat, QQ, and Tencent Video.
  • Prosus: In 2019, Naspers spun off its international internet assets into a new company, Prosus, which is listed on the Euronext Amsterdam stock exchange. Prosus owns a portfolio of online classifieds, food delivery, and fintech businesses, including OLX, Delivery Hero, and PayU.
  • MultiChoice Group: Naspers owns a controlling stake in MultiChoice Group. This South African pay-tv operator provides satellite and digital television services across Africa.

 

Naspers is one of the largest companies in South Africa by market capitalization and has a significant impact on the country’s economy.

Naspers is known for its focus on long-term investments and strategic partnerships. Furthermore, Naspers has played a key role in promoting entrepreneurship and innovation in the South African technology sector.

 

A review about Capitec

 

Capitec Bank Holdings Limited

 

🏛️ Capitec Bank Holdings Limitedℹ️ Information
💰 Share PriceR1,791.87 ( at market close on 17/02/2024 )
📅 Date Established1999
🏭 IndustryBanking
🏭 SectorFinancials
💰 Market Capitalization208 billion ZAR
📊 Shares Outstanding116 million
💰 Earnings per Share (EPS)R78.87
📈 Price-to-Earnings Ratio (P/E)22.72
📊 Dividend per Share in ZARR38.40
📈 Dividend Yield Percentage2.14%
💰 Gross Turnover352 million ZAR
💯 1Y Performance (%)-14.2%
💯 6-Month Performance (%)-14%
💯 3-Month Performance (%)-9.2%

 

Capitec Bank Holdings Limited is a South African retail bank founded in 2001. Capitec is a retail bank offering financial products and services to individuals and small businesses.

Capitec Bank is known for its innovative approach to banking, focusing on simplicity, affordability, and transparency. Capitec’s products and services include savings accounts, transaction accounts, personal loans, and credit cards.

One of Capitec Bank’s most notable products is its Global One account, a combination of savings, transactional, and credit accounts.

Furthermore, the Global One account offers a high-interest rate on savings, low fees, and simplified banking, making it an attractive option for customers looking for a straightforward banking solution.

Capitec Bank has become one of the largest banks in South Africa, with over 16 million customers as of 2025. Furthermore, Capitec Bank has won numerous awards for its innovative approach to banking and is widely regarded as one of the most customer-centric banks in the country.

Capitec Bank is listed on the Johannesburg Stock Exchange (JSE) and has a market capitalization of over ZAR 208 billion as of February 2025. Capitec Bank’s success has made it a key player in the South African financial sector and a major contributor to its economy.

 

Buy Prosus N.V. shares

 

Prosus N.V.

 

🏛️ Prosus N.V.ℹ️ Information
💰 Share PriceR1,405.42 at market close on 17/02/2023
📅 Date Established2019
🏭 IndustrySoftware and Computer Services
🏭 SectorTechnology
💰 Market Capitalization2.82 trillion ZAR
📊 Shares Outstanding2 billion
💰 Earnings per Share (EPS)R37.8185
📈 Price-to-Earnings Ratio (P/E)37.16
📊 Dividend per Share in ZARR2.36
📈 Dividend Yield Percentage0.17%
💰 Gross Turnover594 million ZAR
💯 1Y Performance (%)+22.8%
💯 6-Month Performance (%)+32.3%
💯 3-Month Performance (%)+31.2%

 

Prosus N.V. is a global consumer internet group based in Amsterdam, Netherlands. Prosus was created in 2019 when Naspers, a South African media and technology company, spun its international internet assets off into a separate company.

Prosus is one of the largest consumer internet companies in the world, with operations in more than 90 countries and a portfolio of leading online classifieds, food delivery, and fintech businesses. Some of Prosus’ most notable investments include:

  • Tencent: Prosus is the largest shareholder in Tencent, a Chinese multinational conglomerate that operates several of China’s most popular social media and internet services, including WeChat, QQ, and Tencent Video.
  • Delivery Hero: Prosus owns a significant stake in Delivery Hero, a German online food delivery company that operates in more than 40 countries.
  • OLX Group: Prosus owns the OLX Group, a global online classifieds company that operates in more than 40 countries.

 

Prosus is known for its focus on long-term investments and its commitment to using technology to improve people’s lives. Furthermore, Prosus has a strong history of supporting entrepreneurship and innovation, particularly in emerging markets.

 

Anglo American Platinum

 

Anglo American Platinum Limited

 

🏛️ Anglo American Platinum Limitedℹ️ Information
💰 Share PriceR1,140.91 at market close on 17/02/2023
📅 Date Established1995
🏭 IndustryMining
🏭 SectorBasic Materials
💰 Market Capitalization303 billion ZAR
📊 Shares Outstanding265 million
💰 Earnings per Share (EPS)R225.35
📈 Price-to-Earnings Ratio (P/E)5.06
📊 Dividend per Share in ZARR90
📈 Dividend Yield Percentage7.89%
💰 Gross Turnover529 million ZAR
💯 1Y Performance (%)-40.3%
💯 6-Month Performance (%)-1.69%
💯 3-Month Performance (%)-29.6%

 

Anglo American Platinum Limited (Amplats) is a mining company headquartered in Johannesburg, South Africa. Amplats is one of the world’s largest producers of platinum group metals (PGMs), which include platinum, palladium, rhodium, ruthenium, iridium, and osmium.

Amplats operates mines and processing facilities in South Africa and Zimbabwe, focusing on the Bushveld Complex in South Africa, one of the world’s largest PGM deposits.

Amplats’  primary products include platinum, palladium, rhodium, and other PGMs, which are used in various industrial applications, including catalytic converters for automobiles, jewellery, and electronics.

Amplats is committed to responsible mining practices and sustainable development. Amplats has implemented various environmental and social initiatives to reduce its environmental impact and support the communities where it operates.

Amplats is a member of the United Nations Global Compact and has committed to reducing its greenhouse gas emissions and improving water management.

Amplats is listed on the Johannesburg Stock Exchange (JSE) and has a market capitalization of over ZAR 303 billion as of February 2025. Furthermore, Amplats’ success has made it a key player in the global PGM market and a major contributor to the economies of the countries where it operates.

 

AB Inbev shares

 

Anheuser-Busch InBev SA/NV

 

🏛️ Anheuser-Busch InBevℹ️ Information
💰 Share PriceR1,056.44 at market close on 17/02/2023
📅 Date Established1852
🏭 IndustryBeverages
🏭 SectorConsumer Goods
💰 Market Capitalization2.13 trillion ZAR
📊 Shares Outstanding2.02 billion
💰 Earnings per Share (EPS)R39.9429
📈 Price-to-Earnings Ratio (P/E)26.45
📊 Dividend per Share in ZARR8.41
📈 Dividend Yield Percentage0.8%
💰 Gross Turnover296 million ZAR
💯 1Y Performance (%)+9.52%
💯 6-Month Performance (%)+21.2%
💯 3-Month Performance (%)+10.7%

 

Anheuser-Busch InBev SA/NV (AB InBev) is a multinational beverage and brewing company headquartered in Leuven, Belgium.

AB InBev is the world’s largest brewer, with a diverse portfolio of over 500 beer brands, including global brands such as Budweiser, Corona, Stella Artois, and Beck’s.

AB InBev was formed in 2008 through the merger of Belgian brewer InBev and American brewer Anheuser-Busch. The company has operations in over 50 countries and more than 170,000 employees.

In addition to its beer brands, AB InBev also produces non-alcoholic beverages, including soft drinks and energy drinks. AB InBev is committed to sustainability and has set ambitious goals to reduce its environmental impact and promote responsible drinking.

AB InBev is listed on the Brussels, New York, and Johannesburg stock exchanges and has a market capitalization of over ZAR 2.13 trillion as of February 2025. AB InBev’s success has made it a major player in the global beverage industry and a significant contributor to the economies of the countries where it operates.

 

A review about ABSA

 

Absa Bank Preference Shares

 

🏛️ Absa Bankℹ️ Information
💰 Share PriceR875 at market close on 17/02/2023
📅 Date Established1991
🏭 IndustryBanking
🏭 SectorFinancials
💰 Market Capitalization397 billion ZAR
📊 Shares Outstanding453 million
💰 Earnings per Share (EPS)-
📈 Price-to-Earnings Ratio (P/E)-
📊 Dividend per Share in ZARR53.78
📈 Dividend Yield Percentage6.15%
💰 Gross Turnover397,000.23 ZAR
💯 1Y Performance (%)+4.79%
💯 6-Month Performance (%)-4.37%
💯 3-Month Performance (%)-3.21%

 

Absa Bank is a major financial institution in South Africa, offering a range of banking and financial services to individuals, businesses, and institutional clients.

The bank was originally founded in 1991 as Amalgamated Banks of South Africa (ABSA). Barclays Bank later acquired Absa Bank in 2005. In 2017, Barclays sold its majority stake in Absa Bank, rebranding it as Absa Group Limited.

Absa Bank Preference Shares are a type of financial instrument issued by Absa Bank that represents a preference or priority claim on the bank’s earnings and assets.

These shares offer investors a fixed dividend payment, typically higher than the dividend payment offered on the bank’s common shares.

Absa Bank Preference Shares are typically less volatile than common shares since their value is less dependent on fluctuations in the market. However, they also offer less potential for capital appreciation than common shares.

Anglo American shares

 

Anglo American Plc

 

🏛️ Anglo American PLCℹ️ Information
💰 Share PriceR696 at market close on 17/02/2023
📅 Date Established1917
🏭 IndustryMining
🏭 SectorBasic Materials
💰 Market Capitalization931 billion ZAR
📊 Shares Outstanding1.34 billion
💰 Earnings per Share (EPS)R85.0078
📈 Price-to-Earnings Ratio (P/E)8.19
📊 Dividend per Share in ZARR38.60
📈 Dividend Yield Percentage5.55%
💰 Gross Turnover456 million ZAR
💯 1Y Performance (%)-4.67%
💯 6-Month Performance (%)+22.6%
💯 3-Month Performance (%)+7.64%

 

Anglo-American PLC is a multinational mining company headquartered in London, United Kingdom. Anglo-American operates in more than 30 countries, focusing on mining and exploration for various metals and minerals, including diamonds, copper, platinum group metals, iron ore, and coal.

Anglo-American was founded in 1917 and has grown to become one of the world’s largest mining companies, with a workforce of more than 90,000 employees.

Anglo-American is committed to responsible mining practices and sustainable development and has implemented various environmental and social initiatives to reduce its impact on the environment and support the communities where it operates.

Anglo-American is a constituent of the FTSE 100 Index. In addition, Anglo-American has a market capitalization of over ZAR 931 billion as of February 2025. Anglo-American’s success has made it a major player in the global mining industry and a significant contributor to the economies of the countries where it operates.

 

British American Tobacco shares

 

British American Tobacco Plc

 

🏛️ British American Tobaccoℹ️ Information
💰 Share PriceR681.68 at market close on 17/02/2023
📅 Date Established1902
🏭 IndustryTobacco
🏭 SectorConsumer Goods
💰 Market Capitalization1.52 trillion ZAR
📊 Shares Outstanding2.24 billion
💰 Earnings per Share (EPS)R67.0783
📈 Price-to-Earnings Ratio (P/E)10.16
📊 Dividend per Share in ZARR43.64
📈 Dividend Yield Percentage6.4%
💰 Gross Turnover202 million ZAR
💯 1Y Performance (%)-2.28%
💯 6-Month Performance (%)-2.85%
💯 3-Month Performance (%)+1.01%

 

British American Tobacco Plc (BAT) is a multinational tobacco company headquartered in London, United Kingdom.

BAT is one of the world’s largest tobacco producers, with a diverse portfolio of brands that includes Dunhill, Lucky Strike, Kent, Pall Mall, and Rothmans.

BAT was founded in 1902 and has grown to become a major player in the global tobacco industry, with operations in more than 180 countries. BAT’s products are sold in both developed and developing markets. In addition, BAT’s brands are among the most recognizable worldwide.

In recent years, BAT has diversified its portfolio beyond traditional tobacco products and invested in new products such as electronic cigarettes and heated tobacco products.

BAT is committed to responsible and sustainable business practices and has implemented various environmental and social initiatives to reduce its impact on the environment and support the communities where it operates.

BAT is listed on the London Stock Exchange and has a market capitalization of over ZAR 1.52 trillion as of February 2025.

Despite the controversy surrounding the health effects of tobacco products, BAT’s success has made it a significant contributor to the economies of the countries where it operates.

 

BHP Group shares

 

BHP Group

 

🏛️ BHP Groupℹ️ Information
💰 Share PriceR599.93 at market close on 17/02/2023
📅 Date Established1885
🏭 IndustryMining
🏭 SectorBasic Materials
💰 Market Capitalization3.04 trillion ZAR
📊 Shares Outstanding5.07 billion
💰 Earnings per Share (EPS)R67.6060
📈 Price-to-Earnings Ratio (P/E)8.87
📊 Dividend per Share in ZARR52.17
📈 Dividend Yield Percentage8.7%
💰 Gross Turnover218 million ZAR
💯 1Y Performance (%)+17.2%
💯 6-Month Performance (%)+24.4%
💯 3-Month Performance (%)+19.9%

 

BHP Group, formerly known as BHP Billiton, is a multinational mining, metals, and petroleum company headquartered in Melbourne, Australia. BHP Group is one of the world’s largest mining companies, operating in more than 90 locations worldwide.

BHP Group is engaged in exploring, developing, and producing a wide range of commodities, including iron ore, copper, coal, nickel, and petroleum.

In addition, BHP Group’s portfolio includes underground and open-pit mining operations and oil and gas exploration and production.

BHP Group is listed on the Johannesburg Stock Exchange, London Stock Exchange, the Australian Securities Exchange, and the New York Stock Exchange and has a market capitalization of over ZAR 3.04 trillion as of February 2025.

Furthermore, BHP Group’s success has made it a major player in the global mining industry and a significant contributor to the economies of the countries where it operates.

 

Textainer Group Holdings shares

 

Textainer Group Holdings Ltd

 

🏛️ Textainer Group Holdingsℹ️ Information
💰 Share PriceR595 at market close on 17/02/2023
📅 Date Established1979
🏭 IndustrySupport Services
🏭 SectorIndustrials
💰 Market Capitalization26.7 billion ZAR
📊 Shares Outstanding44.9 million
💰 Earnings per Share (EPS)R102.3750
📈 Price-to-Earnings Ratio (P/E)5.81
📊 Dividend per Share in ZARR17.70
📈 Dividend Yield Percentage2.97%
💰 Gross Turnover617,018.61 ZAR
💯 1Y Performance (%)-0.61%
💯 6-Month Performance (%)+8.97%
💯 3-Month Performance (%)+13%

 

Textainer Group Holdings Ltd. is a global leader in intermodal container leasing, management, and investment services. Textainer was founded in 1979 and is headquartered in Hamilton, Bermuda, with offices and operations in more than 20 countries.

Textainer provides a wide range of services related to intermodal containers, including leasing, trading, and managing a diverse fleet of containers. Textainer also offers a range of investment products related to container leasing, including managed funds and direct investment opportunities.

As of December 31, 2025, Textainer owned and managed approximately 4.4 million twenty-foot equivalent containers (TEUs) containers, making it one of the world’s largest and most diverse container fleets.

In addition, Textainer’s customers include shipping lines, logistics providers, and cargo owners across various industries.

Textainer is listed on the New York Stock Exchange and has a market capitalization of over ZAR 26.7 billion as of February 2025.

Furthermore, Textainer’s success has made it a major player in the global container leasing industry, providing the essential infrastructure for international trade and commerce.

 

How are share prices determined in South Africa?

 

Share prices are determined by supply and demand in the stock market. When there is more demand for a particular share than supply, the share price will go up. Conversely, the price will go down if there is more supply than demand.

Several factors can influence supply and demand and, therefore, share price. These factors can include the following:

  • Company performance: The financial performance of the company, including earnings reports, revenue growth, and profit margins, can impact the share price.
  • Industry and market conditions: Economic conditions, regulations, and consumer preferences shifts can influence the demand for shares in a particular industry or market.
  • Investor sentiment: The overall sentiment of investors toward a company, industry, or market can also affect share prices. This can be influenced by factors such as news events, rumors, and changes in investor expectations.
  • Supply of shares: The number of shares available for trading can also impact the share price. If more shares are available for trading, the price may be lower, while a limited supply of shares can drive up the price.

 

Ultimately, share prices are determined by the interaction of these various factors and the collective decisions of investors in the stock market. Furthermore, share prices can be volatile and change rapidly in response to new information and market conditions.

 

How to Choose the Right Share CFD Broker in South Africa

 

When choosing a Share CFD Broker in South Africa, there are several components to consider. Here are some of the key ones:

 

  • Choose a broker regulated by a reputable authority, such as the Financial Sector Conduct Authority (FSCA) in South Africa. This will ensure that your funds are safe and that the broker operates within the legal framework.
  • Look for a broker that offers a trading platform that is user-friendly and dependable. The platform should allow you to execute trades quickly and provide access to real-time market data.
  • Compare the fees and commissions charged by different brokers. Look for a broker that offers competitive rates and a transparent fee structure.
  • Choose a broker that offers a wide range of instruments to trade, including shares, indices, commodities, and currencies.
  • Look for a broker that offers excellent customer support. This should include support via phone, email, and live chat.
  • Look for a broker that provides educational resources and research tools to help you make informed trading decisions. This may include access to market analysis, trading tutorials, and webinars.
  • Choose a broker with a good reputation in the industry. Then, check reviews and ratings from other traders to see what they say about the broker’s services.

 

Considering these components, you can find a reliable and trustworthy Share CFD Broker in South Africa that suits your trading needs.

 

The Best Share CFD Brokers in South Africa

 

This article lists the best brokers that offer Share CFD and CFD trading to South African traders. In addition, we have further identified the brokers that offer additional services and solutions to South African traders.

 

Best MetaTrader 4 / MT4 Share CFD Broker in South Africa

 

XM.com Review in south africa

 

Overall, XM is the best MT4 Share CFD broker in South Africa. The XM Group, or simply XM, is an established, legitimate, and globally present online trading broker.

XM’s 1.5 million users have access to a suite of advanced trading tools ideal for professional investors in South Africa. Furthermore, traders in South Africa could use MetaTrader 4 to gain access to a wide range of trading resources, including charts, tools, and manuals.

 

Best MetaTrader 5 / MT5 Share CFD broker in South Africa

 

Markets.com review

 

Overall, Markets.com is the best MetaTrader 5 Share CFD Broker in South Africa. Markets.com is an innovative and trusted broker that utilizes technology to make CFD trading easier for traders of all experience levels.

Trade over 2,200 markets with competitive spreads and commission-free trading in South Africa using MT5 from Markets.com.

 

Best Share CFD Broker for beginners in South Africa

 

A review about MTrading

 

Overall, MTrading is the best Share CFD broker for beginners in South Africa. Since its launch in 2012, MTrading has expanded its global network of more than 10 sites to serve more than 250,000 traders and 5,000 partners.

To help those new to trading, MTrading provides educational materials and video tutorials. They also host webinars to provide students with real-world training.

 

Best Low Minimum Deposit Share CFD broker in South Africa

 

HFM review

 

Overall, HFM is the best Low Minimum Deposit Share CFD broker in South Africa. HFM is an FSCA-regulated forex and CFD broker that offers some of the lowest fees.

Traders in South Africa can open a Micro Account with a minimum deposit of R70 ZAR and spreads on this account type start at 1 pip. Furthermore, HFM offers leverage up to 1:1000, helping South Africans get started in trading thousands of share CFDs listed on major exchanges.

 

Best ECN Share CFD broker in South Africa

 

A review about Octa

 

Overall, OctaFX is the best ECN Share CFD Broker in South Africa. Octa is a No Dealing Desk (NDD) broker that offers STP and ECN execution and pricing sourced from the industry’s most reputable liquidity providers.

As a result, traders in South Africa can anticipate spreads on major instruments like the EUR/USD to start at 0.0 pips on all exchanges.

 

Best Islamic / Swap-Free Share CFD broker in South Africa

 

A review about OANDA

 

Overall, OANDA is the best Islamic / Swap-Free Share CFD Broker in South Africa. Opening an Islamic Account with OANDA is simple for South African Muslims looking to take advantage of halal trading options and competitive trading conditions.

Additionally, robust trading platforms like MetaTrader and the OANDA platform will be available to South Africans.

 

Best Share CFD Trading App in South Africa

 

A review about FBS

 

Overall, FBS is the best Share CFD trading app in South Africa. The FBS trading app offers access to more than 75 different trading instruments. Furthermore, FBS claims that hundreds of new accounts are created on the website daily and that they serve customers in over 150 countries.

FBS provides South Africans with not one but two opportunities to earn no-deposit bonuses, allowing them to save money before venturing into the potentially risky world of trading on live markets.

 

Best Forex Rebates Broker in South Africa

 

FP Markets review

 

Overall, FP Markets is the Best Share CFD Rebates Broker in South Africa. Traders from South Africa can receive rebates of up to 0.3 pips on their Standard Account trades when they invest in forex or Precious Metals through FP Markets.

Additionally, 25% of all forex and Metals commissions are paid to Raw Account holders.

 

Best ZAR Share CFD broker in South Africa

 

Exness Review

 

Overall, Exness is the best ZAR Share CFD broker in South Africa. South Africans can open an Exness account for 180 ZAR ($10), giving them access to a wide range of financial markets with competitive spreads and unlimited leverage based on their account balance.

Because ZAR is a deposit currency and accepted account currency, South Africans can avoid costly currency conversion fees with Exness.

 

Best Lowest Spread Share CFD Broker in South Africa

 

A review about Pepperstone

 

Overall, Pepperstone is the best lowest spread Share CFD Broker in South Africa. Pepperstone is a renowned and reputable forex and CFD broker offering South Africans a wide selection of instruments with spreads starting at 0 pips on major instruments.

In addition to offering a wealth of trading tools, including ones tailored specifically to South Africans, Pepperstone also features a dedicated education center for those interested in learning technical and fundamental analysis.

 

Best Nasdaq 100 Share CFD Broker in South Africa

 

A review about IG Markets

 

Overall, IG is the best Nasdaq 100 Share CFD Broker in South Africa. IG is one of the oldest brokers in the industry, and it is regulated by some of the most prestigious bodies in the world.

IG’s more than 19,000 available products include access to the Nasdaq for South African traders via in-house and third-party platforms.

 

Best Volatility 75 / VIX 75 Share CFD broker in South Africa

 

A review about AvaTrade

 

Overall, AvaTrade is the best Volatility 75 / VIX 75 Share CFD Broker in South Africa. AvaTrade has served South African traders of all skill levels for the past 17 years.

And among STP and Market Maker brokers, AvaTrade is one of the few that offers Volatility 75. Therefore, traders in South Africa who use MetaTrader or AvaTrade can do so with the knowledge that the spreads on this instrument are among the lowest in the industry.

 

Best NDD Share CFD broker in South Africa

 

SuperForex Review

 

Overall, SuperForex CFD is the best NDD Share CFD broker in South Africa. SuperForex provides traders in South Africa with access to over 400 instruments and a choice of STP or ECN Accounts.

In addition to some of the lowest commission rates in the industry, these accounts also offer reduced spreads.

 

Best STP Share CFD broker in South Africa

 

A review about Libertex

 

Overall, Libertex is the best STP Share CFD broker in South Africa. Share CFD instruments from global companies can be traded with Libertex. Furthermore, there are currently 3 million users on the Libertex, MT4, and MT5 trading platforms, making it a trusted option for South Africans.

Libertex aggregates pricing from some of the top liquidity providers and ensures that all trades are executed within a few milliseconds.

 

Best Sign-up Bonus Share CFD broker in South Africa

 

A review about JustMarkets

 

Overall, JustMarkets is the best sign-up Share CFD Broker in South Africa. South Africans who sign up with JustMarkets can choose from several different trading account types.

Traders who sign up for the first time can receive a 30 USD bonus with no initial deposit. Traders can use this bonus credit to explore the platform, test strategies, or practice trading.

 

Conclusion

 

Based on the information available, the most expensive shares in South Africa are typically found in the resources, financial services, and telecommunications sectors.

These include companies such as Naspers Ltd, Prosus N.V., BHP Group, Anglo American Platinum Limited, and Absa Bank Holdings Limited.

The high prices of these shares reflect their perceived value in the market, which may be based on factors such as strong financial performance, growth potential, and market demand.

However, it is important to note that the price of a share does not necessarily reflect its underlying value and that high-priced shares may not always be the best investment option.

Investors should consider various factors when deciding whether to buy expensive or lower-priced shares.

These include the company’s financial health, competitive position, growth prospects, market conditions, the investor’s risk tolerance, investment goals, and portfolio diversification strategy.

The decision to invest in expensive shares should be based on a thorough analysis of the company’s fundamentals and the broader market environment rather than simply on the share price alone.

It is also important to remember that all investments carry some risk and that investors should carefully consider their financial situation and seek professional advice before making any investment decisions.

 

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

 

Frequently asked questions

 

What are the most volatile shares on JSE?

Some of the most volatile shares on the JSE include Visual International Holdings Limited (33.33% volatility), Telemaster Holdings Limited (32.22% volatility), and Labat Africa Ltd (25% volatility).

 

What makes a share expensive?

A share’s price is determined by its market value, which is influenced by various factors such as the company’s financial performance, growth prospects, market demand, and overall market conditions.

Furthermore, shares can also be considered expensive if they have a high price relative to the company’s earnings or other financial metrics.

 

What are the best-performing stocks in South Africa?

Some of the best-performing stocks in South Africa include Absa Group, Capitec Bank Holdings, and Discovery.

 

What is the best stock screener in South Africa?

Some of the best stock screeners in South Africa can be found on SA Shares, IG, AvaTrade, Exness, and several more.

 

How do investors determine whether a share is expensive?

Investors can use a range of financial metrics, such as the price-to-earnings ratio (P/E ratio), to determine whether a share is expensive.

A high P/E ratio may indicate that a share is an expensive relative to the company’s earnings. In contrast, a low P/E ratio indicates that the share is undervalued.

 

Which are the red-hot penny stocks in South Africa?

Some of the red-hot penny stocks in South Africa include Mantengu Mining Limited (1 ZAC), Visual International Holdings Limited (3 ZAC), and Labat Africa Ltd (10 ZAC).

 

What are some cheap shares to buy in South Africa?

Some of the best and cheapest shares you can buy in South Africa include DRDGOLD Ltd, Pepkor Holdings Ltd, Sappi Ltd., and Grindrod Ltd, among others.

 

Are expensive shares always a good investment?

Not necessarily. The price of a share does not necessarily reflect its underlying value, and there is no guarantee that expensive shares will continue to perform well in the future.

Before making any investment decisions, investors should consider a range of factors, such as the company’s financial health, competitive position, and growth prospects.

 

What are the risks associated with investing in expensive shares?

Investing in expensive shares can be risky, as there is always the possibility that the share price may fall if the company’s financial performance or market conditions change.

In addition, expensive shares could be more volatile and subject to larger price swings than lower-priced shares.

 

Can investors make money by buying expensive shares?

Yes, investors can make money by buying expensive shares if the company’s financial performance and market conditions remain favorable.

However, there is always the risk of losses, and investors should carefully consider their own financial situation and risk tolerance before making any investment decisions.

 

Addendum/Disclosure

No matter how diligently we strive to maintain accuracy, the financial markets are volatile that could shift and change at any given time, even if the information supplied is correct at the time of going live.

5/5 - (1 vote)

Table of Contents

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

April 18, 2023

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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