All Share (J203) = 89 519
Rand / Dollar = 18.20
Rand / Pound = 23.42
Rand / Euro = 19.68
Gold (usd/oz) = 3 022.79
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

26 Best OCC Forex Brokers – (Reviewed) 2025

The OCC stands for the Options Clearing Corporation. The U.S. Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) are two commissions under whose jurisdiction it operates. It is an independent bureau of the U.S. Department of the Treasury and is the issuer and guarantor for options and futures contracts. Here is a list of the 26 Best OCC Regulated Forex Brokers so that you can be ensured of working with a reliable and regulated broker when dealing in options and futures contracts.

Its mission statement says that it the OCC is a clearing organisation delivering risk management, clearance and settlement services to its customers. It causes the equity derivatives market to be consistent and steady.

The OCC adds value to the market by helping to reinforce and develop it. It serves 16 different exchanges including the Chicago Board Options Exchange, NYSE Arca Options, NYSE American Options, Nasdaq OMX BX, Nasdaq OMX PHLX, C2 Options Exchange and the International Securities Exchange.

This list of the 26 Best OCC Regulated Forex Brokers is not ranked in any particular order but is rather a comprehensive list of great brokers to choose from.

 

A review about Alpari
 

Alpari

Due to its reputation built over the last two decades Alpari has over two million clients and is regulated by the Financial Services Commission of the Republic of Mauritius.

This broker provides a technologically advanced, trustworthy, reliable environment in which to trade.

They offer trading in Forex, metals, cryptocurrencies and commodity futures CFDs.

 

Features

  • All major trading instruments are available
  • Customer support in many languages
  • Trading platforms MT4 and MT5
  • PAMM service
  • ECN accounts
  • Segregated accounts
  • Negative balanced protection

 

Pros and Cons

Pros Cons
Low initial deposit Research improvement needed
Commission free trading Traders in USA, Russia, Japan and others not accepted
Wide range of educational tools
Advanced technology
Safe Broker
No fees for deposit

 

A review about FXTM
 

FXTM

FXTM is a long-standing broker with a reputable reputation. The brokerage was established in 2011 and today has offices worldwide.

They offer tight spreads, fast execution and 250+ financial instruments with which to trade.

 

Features

  • Number of deposit and withdrawal options
  • Trading platforms: MT4 and MT5
  • Desktop, web or mobile trading offered
  • No dealing desk

 

Pros and Cons

Pros Cons
Offer seminars and webinars with experts Stock CFD fees are high
Copy trading offered No price alerts
Confirmation of orders Inactive account fee charged
Customizability for charts good  

 

FP Markets Review in south africa
 

FP Markets

FP Markets has its head office in Sydney Australia. The broker serves over 12 000 clients worldwide.

They provide access to 13000+ products ranging from Forex, Indices, Commodities, Metals, Bitcoin, Cryptocurrencies and Equity CFDs that are offering competitive spreads and flexible leverage throughout one account.

FP Markets is a well-regulated broker, multi-award-winning broker.

 

Features

  • Minimum deposit
  • No withdrawal fees
  • Over 8000 tradeable instruments
  • Consistently low spreads
  • AutoChartist plugin

 

Pros and Cons

Pros Cons
36 industry awards over the years High Stock CFD fees

 

Well regulated (ASIC and CySEC) No fixed spread accounts
Extremely fast deposits & withdrawals
VPS hosting

 

XM.com Review in south africa
 

XM Group

The XM Group is a group of online regulated brokers. The group is highly regulated by CySEC in Cyprus, ASIC in Australia and FCA in the UK. This provides for a safe environment to trade.

The broker has offices in Cyprus, Australia and Belize with 450+ highly experienced employees.

The XM group is a multi-award-winning broker having won many awards since their inception in 2009.

 

Features

  • Well regulated
  • Wide variety of instruments to trade with
  • Free VPN services
  • Mobile apps offered
  • Fast order executions

 

Pros and Cons

Pros Cons
Regulation is strict Fixed spreads not allowed
Negative balance protection
Hedging and scalping permitted
Multiple award-winning broker

 

A review about AvaTrade
 

AvaTrade

AvaTrade consider themselves a pioneering broker. They are one of the first ever brokerages to offer Forex platforms to trade.

Their head office is in Dublin, Ireland with sales centres in Dublin, Paris, Milan, Sydney, Tokyo, Madrid, Mongolia, Beijing, Nigeria, Santiago, and Johannesburg.

AvaTrade offers 200+ instruments with a range of automated trading platforms.

 

Features

  • 200 + instruments to trade
  • Withdrawals are quick
  • Demo account offered
  • Low minimum deposit
  • More than 60 currency pairs
  • Regulated in 5 continents

 

Pros and Cons

Pros Cons
Multiple deposit and withdrawal options Customer support is not good
Free deposit and withdrawal options Fee for administration
Account opening is fast and simple
Trading fees are low

 

A review of GO Markets
 

Go Markets

Go Markets is rated no 1 for customer service. The broker has 350+ tradeable products.

They offer traders the opportunity to trade with Forex, Share CFDs, Commodities, Indices, and metals with their MetaTrader 4 and 5 platforms.

The broker offers a large amount of educational resources through the Go Trading Academy.

 

Features

  • Various deposit and withdrawal options
  • Tradable assets
  • Trading platforms: MT4, MT5 and webtrader
  • Commission on trades
  • No fixed spreads
  • Offers STP

 

Pros and Cons

Pros Cons
Used by 10 000 + traders Not many instruments
Regulated by ASIC Not licensed by the FCA
Withdrawals deposits processed in 2 – 3 days
Scalping and hedging allowed

 

A review of Exness
 

Exness

Exness founded in 2008, is today recognised as an industry leader.

They currently offer a wide range of financial instruments, including currency pairs, metals, cryptocurrencies, energies, indices and stocks.

Their governing principles are honesty and transparency both of which are highly valued by their 73 000 + traders around the world.

 

Features

  • Tight spreads from 0.1 pips
  • Copy trading system
  • No hidden commission fees
  • Trading platform MT4
  • Regulated by the CySEC, FCA and FSA
  • Low minimum deposit

 

Pros and Cons

Pros Cons
Commission free trading Inactive account fees
VPS hosting available Withdrawal fees
120 Currency pairs to trade from CFD fees are high
Unlimited leverage offered  
Large range of Forex pairs  

 

A HotForex Review in south africa
 

HotForex

HotForex founded in 2010 has 2.5 million live accounts worldwide and 1000+ tradeable assets.

They provide ten asset classes with over 1000 tradeable CFDs which include Forex, metals, energies, bonds commodities, DMA stocks, indices, shares, ETFs, and cryptocurrencies.

 

Features

  • 150+ trading products
  • Demo account offered
  • Educational material
  • Leverage: 1000:1
  • Scalping offered
  • Low spreads from 0.2 pips

 

Pros and Cons

Pros Cons
Copy trading available Range of instruments limited
Opportunity to trade small volume No proprietary platform
Deposits and withdrawals are free
Premium trader tools available  
   

 

A review about FBS
 

FBS

FBS stands out as a broker due to its advanced technology. They offer the popular MT4 and MT5 trading platforms and give traders the option to use their FBS platform – FBS Trader.

This is a new platform that can be used on mobile phones. It has a user-friendly interface and smooth workflow.

 

Features

  • 50+ currency pairs, metals and stocks
  • Fast deposits and withdrawals
  • Maximum leverage 1:3000
  • Five types of accounts
  • Spreads start from 0 pip
  • ECN account offered
  • Tight spreads
  • Commission per lot
  • Wide range of payment options
  • MT4 and MT5 trading platform

 

Pros and Cons

Pros Cons
High quality analytical education materials Not open to USA, UK, Japan, Israel and Canada
Start with zero investment EU based traders
Fast execution of orders
Low minimum deposit

 

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FXCM Review south africa
 

FXCM

FXCM has licenses with top-tier authorities namely the FCA in the UK and the ASIC in Australia. This broker has been operating for 20+ years and is a well-respected, trusted operation.

FXCM offers its clients 70 trading instruments from Forex to crypto. The trading fees are very fair and they also offer excellent research and educational tools.

 

Features

  • Active Trader account offered
  • Tighter spreads with Active Trader account
  • Elite features to high-volume traders with Active Trader account
  • Free demo account with 20 000 USD of virtual funds
  • Many payment methods for deposits
  • No transaction fees

 

Pros and Cons

Pros Cons
No transaction fees Slow trades
Trading fees are low Limited Product portfolio
Search function is good Withdrawal fees are high
Customizability is good for charts and Workspace
Fees for CFDs are low

 

A review about HYCM
 

HYCM

HYCM is a broker recommended for Forex and CFD traders who like trading on the MetaTrader platform.

It is a UK operation and is considered to offer a safe environment because it is licensed by the FCA and CySEC two of the top regulatory bodies.

  

Features

  • 6 base currencies supported
  • Demo account offered
  • 3 types of trading accounts
  • Web, Mobile or desktop trading platforms
  • MetaTrader 4 and 5
  • Negative balance protection

 

Pros and Cons

Pros Cons
Fast transactions Poorly designed platforms
Low minimum deposit Fee for inactive account
Customisability for charts and workspace is good Popular asset classes are missing
Above average Forex selection Minimal CFD lineup
Clear fee report Does not have its own self-developed trading platform
Fast response time No 24/7 customer support

 

A review about Trading 212
 

Trading 212

Trading 212 is a good broker for traders interested in investing in equities or trading with leveraged Forex and CFD products with the use of a user-friendly, informative platform.

Trading 212 is regulated by a number of financial supervisory authorities making it a safe and secure environment in which to trade.

 

Features

  • Products offered: Stock, ETF, Forex, CFD and Crypto
  • Commission-free stock and ETFs
  • Negative balance protection
  • Customizability for charts and workspace is good
  • Web and Mobile platforms to choose from – no desktop platform

 

Pros and Cons

Pros Cons
No deposit or withdrawal fee Verification problems
No minimum deposit Few account base currencies available
No inactive account fee No news flow
Own proprietary platform Fundamental data is not available
CFD fees are low Does not hold a banking license
Fully digital online broker Not listed on stock exchange

 

A review about Tickmill
 

Tickmill

Tickmill established in 2014 is a low-cost Forex and CFD broker who is regulated by several global authorities including the top tier FCA.

Tickmill is recommended to those traders interested in CFD and Forex trading and who prefer MetaTrader trading platforms.

They offer a demo account to test the trading platform.

 

Features

  • Products offered: CFDs on Forex, stock indices, commodities
  • 4 base currencies supported
  • Demo account provided
  • Deposit with bank card or electronic wallet
  • Regulated in UK, Cyprus, Seychelles, South Africa and Malaysia
  • MetaTrader web trading platform
  • Offers a mobile trading platform
  • User friendly mobile trading platform

  

Pros and Cons

Pros Cons
Fast acting Few account base currencies
Fully digital No two-step login
Minimum deposit is low No price alerts
No withdrawal fee Poorly designed platform

 

A review about Markets.com
 

Markets.com

Markets.com founded in 2010 is based in Europe. They are a global trading platform and regulated by top tier regulatory bodies like the FCA in the UK, CySEC in Cyprus and the ASIC in Australia.

Markets.com offers 2000+ trading assets and over 2200 markets to trade. They provide a variety of selection for trading FX, CFDs, stocks, commodities cryptocurrencies, indices and ETFs.

 

Features

  • 2200+ different markets
  • 2000+ trading assets
  • Leverage ratios up to 1:30 for retail clients and 1:300 for professional clients (Europe)
  • Variable spreads from 0.6 pips
  • Mobile trading
  • Offers investment with Forex and CFDs

 

Pros and Cons

Pros Cons
Well regulated Low leverage
Trading platforms are excellent Lengthy processing of deposits and withdrawals
Wide range of instruments
Fast execution

 

A review of IG Group
 

IG

IG is a highly rated broker with a single account for Forex trading. The spreads are tight and the educational and analytical materials are of good quality.

They have a wide choice of platforms available including the popular MetaTrader 4 platform.

Their customer service is also very good.

 

Features

  • Leverage 1:30
  • Strict regulation
  • Platforms: MetaTrader 4 and IG’s proprietary platform
  • Different platform versions supporting desktop, web and mobile
  • 17000+ instruments
  • Free trading courses and webinars
  • Demo account offered
  • Autochartist

 

Pros and Cons

Pros Cons
Fast digital deposits Deposits and withdrawals vary in different jurisdictions
24/7 customer service Standard login with no face ID feature
User friendly platform
Fee report
Excellent proprietary trading platform

 

A review about Forex.com
 

Forex.com

Forex.com is regulated by seven regulatory bodies including FCA in the UK and the US Commodity Futures Trading Commission (CFTC)

The broker is considered to be safe because of its long track record. It’s parent company is listed on the New York stock exchange.

Forex.com offers first-class online futures trading with 20+ key features to assist with trading.

 

Features

  • 500+ markets
  • New, improved MT5 platform
  • Pricing is competitive
  • Rebates and professional support with Active Trader program
  • Suite of downloadable web and mobile apps
  • Educational videos and guides

 

Pros and Cons

Pros Cons
Forex fees are low Product portfolio is limited
Large range of currency pairs Stock CFD fees are high
Technical research tools are diverse Desktop platform is not user-friendly
   

 

A review about CMC Markets
 

CMC Markets

This broker offers trading at low cost making it highly competitive. The broker started in 1989 and is highly regarded in the UK.

CMC Markets has an advanced platform, a large range of bond listings and five cryptocurrencies.

 

Features

  • Three trading accounts
  • Spread betting
  • CFD and corporate accounts
  • 9000 + trading instruments
  • 35+ drawing tools
  • Innovative trading platform
  • Variety of products

 

Pros and Cons

Pros Cons
Forex fees are low Stock CFD fees are high
Mobile and web platforms Product portfolio is limited
Innovative research Account verification is complicated
Advanced educational tools

 

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A review about Saxo Bank
 

Saxo Bank

Saxo Bank has an award-winning platform called SaxoTraderGO where traders can access 40 000 instruments. They can also hedge and invest all from a single account.

Saxo Bank is a major player in the Forex industry and its intention is to make trading and investing more accessible by offering a top-class trading platform that they are constantly working on to improve.

 

Features

  • Has its own proprietary platform – SaxoTraderPro
  • Desktop, web and mobile platforms available
  • Trading tools and features
  • Access to over 30 000 markets
  • Dedicated account manager
  • Commissions are lower
  • Wide range of products offered: Forex, Forex Options, CFDs stocks, ETFs, futures, listed options and bonds

 

Pros and Cons

 

 

Pros

 

 

Cons

Trading platforms are impressive Minimum deposit is high
Large range of instruments

 

A review about OANDA
 

Oanda

Oanda is a global leader in currency data, offering both Forex and CFD trading, corporate Forex payments and exchange rate services.

Oanda has licenses from six major authorities and offices worldwide. They are known as a reliable and trusted broker.

 

Features

  • Has its own trading platform – Oanda mobile trading app
  • App offers alerts and price signal notifications
  • Selection of chart types, indicators and drawing tools
  • Interface is customisable
  • Also offers the MetaTrader 4 platform
  • Trade currency and precious metals pairs, access CFDs on stock indices, commodities and bonds

 

Pros and Cons

 

Pros

 

 

Cons

Trading fees are low Withdrawal fee for bank transfers is high
Forex fees are low ID verification slows account opening down
Withdrawals are free

 

 

A review about TD Ameritrade
 

TD Ameritrade

TD Ameritrade has been around for over two decades, has a banking background, discloses its financials and is overseen by top-tier regulatory bodies.

TD Ameritrade has been awarded Best desktop trading platform and Best broker for options for 2025.

 

Features

  • All trading platforms have free access
  • Streaming quotes are sent through in real-time
  • Live chat customer support
  • Mobile app can be used to make options, futures, and Forex trades
  • Thinkorswim proprietary trading platform is offered

 

Pros and Cons

Pros Cons
Trading fees are low Only available in the American market
Non-trading fees are low Difficult platform for beginner traders
Good customer support Fund fees charged and are high
User friendly desktop trading platform Opening an account is high due to verification steps

 

A review of IC Markets
 

IC Markets

IC Markets is an online retail Forex and CFD broker and is recommended for traders who value easy account opening and free deposit and withdrawal options. Their head office is in Sydney Australia.

The broker offers CFDs with Forex, Indices, Commodities, Bonds, as well as equity markets in Europe and Asia.

 

Features

  • Offers Forex spot trading
  • 61 currency pairs
  • 230 CFDs offered including cryptocurrency
  • Copy trading
  • Discounts for active traders
  • Initial deposit is minimum
  • Desktop and web platforms

 

Pros and Cons

Pros Cons
Trading and non-trading fees are low Financing rate for CFDs is high
Account opening is fast and simple
Deposit and withdrawals are free

Digital online broker

   

 

A review about CityIndex
 

City Index

City Index is recommended for traders interested in Forex and CFDs looking for low Forex fees and great research tools.

In 2025 the broker was awarded Best in Class across many categories including Overall, Offering of Investments, Research, Education and Beginners.

 

Features

  • Over 14000 traders
  • Hedging is allowed
  • STP offered
  • Negative balance protection offered
  • Demo account
  • Social trading
  • Advanced trading platforms
  • Excellent mobile app
  • Market research is extensive
  • Education is excellent
  • Range of markets is extensive

 

Pros and Cons

Pros Cons
Forex and stock index CFD fees are low Product portfolio is limited
Deposits and Withdrawals are not charged for Stock CFD fees are high
Fully digital Fee for inactive accounts
Fast process to open and account

 

 

 

A review about Pepperstone
 

Pepperstone

Pepperstone is regulated by the FCA in the UK, ASIC in Australia, DFSA in Dubai, CMA in Kenya and the SCB in the Bahamas.

The broker was established in 2010. It is an Australian Forex broker that offers Forex and CFDs.

 

Features

  • Low minimum deposit
  • Funding by a variety of means
  • 10 000 traders
  • Allows scalping and hedging
  • Offers STP
  • Offers negative balance protection
  • Variety of accounts including demo account
  • Variable spreads
  • Variety of platforms including MT4, MT5, Web Trader and cTrader
  • Available on MT4, Web Trader, Tablet and Mobile apps

  

Pros and Cons

Pros Cons
Forex and equity index CFD fees are low Offer Forex and CFDs only
Customer service is great News flow is basic
Deposits and withdrawals are free, easy and fast Non-EU clients have no investor protection

 

A review about EasyMarkets
 

easyMarkets

easyMarkets is a brokerage with a long history of offering a fair and transparent trading environment. The broker ensures stable trading conditions.

easyMarkets is regulated by ASIC and CySEC.

The easyMarkets unique proprietary platform is full of innovation, tools and features.

 

Features

  • Offers a variety of instruments from Forex to cryptocurrencies
  • Platforms offered are: MT4, WebTrader, Mobile App
  • Demo account is provided
  • Low minimum deposit
  • Education and research included
  • 24/5 customer support
  • Negative balance protection

 

Pros and Cons

Pros Cons
Shares trading 24/5 Spreads are high compared to competitors
commission free trading No option for variable spreads
More than 300 instruments Website only in 3 languages
Spreads are fixed
Deal cancellation offered  

 

A review of SpreadEX
 

SpreadEX

Spreadex is a London based online broker who offers a web-based trading platform and mobile trading apps where their customers can trade on more than a thousand instruments spread across eight asset classes.

The broker is regulated by the FCA in the UK and all client funds are placed in segregated accounts with a top tier bank.

 

Features

  • Negative balance protection
  • Scalping and Hedging allowed
  • Demo account plus a variety of account types on offer
  • Variable spreads
  • Offers a user-friendly custom trading platform
  • Customer support (Live chat, Phone support and Email support)

 

Pros and Cons

Pros Cons
Segregates client funds Does not offer MetaTrader platforms
Low minimum deposit Limited payment channels
Have their own proprietary platform Educational materials are inadequate
Charting and trading tools are advanced
Offer more than 1000 instruments
 

 

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Conclusion

After the financial crisis in 2008 the OCC made changes to its operations to better address risk.

They are responsible for clearing and settling every listed-options trade in the United States, clearing millions of financial contracts a day and playing a key role in the world’s largest economy. We are sure you will find a good Forex Broker to investigate from this list of 27 Best OCC Regulated Forex Brokers.

 

 

4.8/5 - (5 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

December 4, 2020

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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