Traders usually choose same-day withdrawal brokers that offer fast deposit and withdrawal methods. Choose a forex broker that offers fast withdrawal methods usually the same day that a submit a withdrawal request.
Traders want to know which brokers offer the fastest withdrawal options to ensure a swift transaction back into their bank account.
The following are the 10 best same-day brokers in South Africa.
10 Best Same-Day Withdrawal Brokers Revealed (2025):
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
FreshForex
Min Deposit
USD 10
Regulators
Not Regulated
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✅ Pros | ❌ Cons |
| Offers both fixed and variable spreads | US, UK, Spain, and North Korea clients are not accepted |
| There is no required minimum deposit amount | Spreads are marked up |
| Offers daily analysis and trading signals | Limited range of markets offered |
Features
Established in 2004, FreshForex is a popular STP and ECN broker that provides comprehensive CFD and forex trading through the fast, powerful MetaTrader 4 trading platforms. FreshForex features proprietary “Smart Bridge” technology in addition to providing a plethora of social trading and copy trading opportunities.
FreshForex offers a No-Dealing Desk (NDD) execution model and works with some of the best liquidity providers in the world, offering some of the best execution speeds in the industry. FreshForex offers a diverse number of quick deposit and withdrawal methods including debit/credit card, Neteller, Skrill, and several other electronic payment systems.
GO Markets
Min Deposit
USD 200
Regulators
ASIC, CySEC, FSC, FSA, SCA
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
50+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well-regulated by several market regulators | US clients are not accepted |
| Trading central provided to traders | Fixed spreads are not offered |
| Traders have access to MyFXBook AutoTrade | |
| Commission-free trading is provided | |
| Traders have access to a range of markets | |
| Same-day withdrawals supported through innovative funding methods |
Features
GO Markets is a reputable and well-regulated Market Maker forex broker that is headquartered in Australia with regulations and authorisation through ASIC, CySEC, FSC, and FSA to facilitate the trade in a wide range of more than 600 financial instruments that are spread across every asset class.
GO Markets offers competitive trading conditions that consist of tight spreads, low trading fees, and quick, reliable trade execution speeds. In addition, GO Markets also offers a choice between convenient and quick deposit and withdrawal methods.
XM
Min Deposit
USD 5
Regulators
FSC, CySEC, ASIC,
Trading Platform
MT4, MT5
Pros and Cons
| ✅ Pros | ❌ Cons |
| Access to a wide range of flexible funding methods | US clients are not accepted |
| Supports several trading strategies and styles with innovative technical indicators that can be used | Fixed spreads are not offered |
| Negative balance protection is provided | Inactivity fees are charged |
Features
XM is a popular and remarkable forex broker and a globally recognized brand, featuring more than 2.5 million registered trading accounts of traders from 196 countries in the world. Not only does XM offer a wide range of financial instruments that can be traded across several global financial markets, but the broker also offers a choice between flexible retail investor accounts.
XM is known for its large daily trading volume, competitive trading conditions that consist of tight variable spreads, low commissions, access to fundamental analysis, technical analysis, and negative balance protection. In addition, XM also offers same-day withdrawals through reliable funding methods including credit and debit cards, Skrill, Neteller, and more.
Khwezi Trade
Min Deposit
USD 30
Regulators
FSCA
Trading Platform
MT4
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Traders have a dedicated account manager | Limited account currency options |
| Offers trading tutorials | Individual stock trading is not offered |
| Traders can access comprehensive market analysis | To get the best trading conditions, more premium accounts must be used |
| Well-regulated broker with FSCA regulation and authorization | |
| Powerful online trading platforms offered for desktop, web, and mobile trading |
Features
Based in South Africa, Khwezi Trade is a well-regulated STP broker that has been in operation since 2013. Khwezi Trade facilitates the trade in currency pairs including major currencies, minors, and exotics. In addition, traders can also trade metals, energies, soft commodities, and indices.
Traders are given quick execution of trades at some of the best possible prices with low latency and minimal slippage. Traders can also use several reputable deposit and withdrawal methods including credit cards, debit cards, and electronic wallets.
Plus500
Min Deposit
USD 100
Regulators
CySEC, FCA, MAS, FSA, ASIC, FMA, FSCA
Trading Platform
WebTrader
Crypto
Yes (Availability subject to regulations)
Total Pairs
70+
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Fully authorized and well-regulated broker with a substantial daily trading volume that offers a transparent environment with investor protection | US clients are not accepted |
| User-friendly proprietary trading platform provided with innovative features and a wide range of technical indicators | Fixed spreads are not offered |
| No commissions and tight spreads | There are inactivity fees charged |
| There is no deposit or withdrawal fee charged | |
| Excellent 24/7 customer service offered | |
| Innovative trading tools and education materials provided |
Features
Plus500 was launched in 2008 and since its inception, until today it has become one of the largest, most successful, and most transparent CFD provoders in the world. Plus500 is multi-regulated and has offices based around the world.
Traders have access to more than 2,000 financial instruments that can be traded including forex pairs spread across major currencies, minor currencies, and exotics, stocks, indices, cryptocurrency trading, and more.
Plus500 is one of the best CFD trading providers in the world and it features a variety of flexible funding options with the benefit of same-day withdrawals.
AvaTrade
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Average minimum deposit requirement | Variable spreads are not offered |
| Powerful and innovative online trading platforms offered | There is only one retail investor account and one account for professional traders |
| There is an innovative mobile trading app provided | |
| Trading central provided social trading opportunities | |
| Decent choice of funding options provided and the benefit that there are no deposit fees charged | |
| Fast and reliable trade execution speeds guaranteed |
Features
Established in 2006, AvaTrade is one of the largest and most reputable Market Maker and STP online brokers in the world that provides comprehensive brokerage services. AvaTrade is well-regulated by several market regulators including ASIC, BVI, CBI, FSCA, IIROC, and several others.
AvaTrade offers more than 1,250 financial instruments spread across CFDs and forex trading and traders can expect user-friendly trading platforms, competitive trading conditions, and a fair, safe, and transparent trading environment where client funds are secure.
AvaTrade offers a choice between different funding options including credit cards, debit cards, bank transfer withdrawal, electronic wallets, and more, with the option of same-day withdrawal on some of these deposit and withdrawal methods.
Forex4You
Min Deposit
USD 0
Regulators
BVI FSC
Trading Platform
MT4
Crypto
Yes
Total Pairs
50
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Traders can access the latest news and forex commentaries from Dow Jones | Limited trading instruments |
| There is a comprehensive technical analysis offered through Trading Central | Limited educational materials |
| Social trading is supported by Share4you and powerful online trading platforms | Significant restrictions on some countries |
| Traders can choose from several account types with a low minimum deposit requirement | |
| Traders can use AutoChartist for free | |
| Variable and fixed spreads are offered |
Features
Established in 2007, Forex4You is one of the best NDD and STP online brokers which is based in the British Virgin Islands with corresponding regulation through the BVI FSC. Forex4You offers fixed as well as variable spreads, social trading opportunities, and wide a range of financial instruments that can be traded.
More than 1.7 million traders are registered with Forex4You, using the competitive trading conditions that this broker offers. Traders can choose between market and instant execution of trades, and there are several reliable funding options and same-day withdrawals offered.
Alpari
Min Deposit
USD 5
Regulators
FSC
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✅ Pros | ❌ Cons |
| Member of a Financial Commission and provides adequate investor protection | Fixed spreads are not offered |
| Offers innovative and powerful online trading platforms | Lack of educational material |
| Perfect for beginner traders and offers sophisticated solutions to professional traders | Clients from several countries are not accepted |
Features
Alpari was founded in 1998 in Russia and since its inception, it has grown into a globally recognized brand. Headquartered in Mauritius, Alpari has offices in Nigeria, Russia, Saint Vincent, and the Grenadines.
Alpari offers South African traders a wide range of tradable instruments, competitive trading conditions, and a choice between retail investor accounts. Alpari caters to inexperienced traders as well as professionals by providing tailor-made trading solutions.
Traders can benefit from the unique trading solutions that Alpari offers across several financial markets in addition to accessing same-day withdrawals through reliable funding methods.
Exness
Min Deposit
USD 10
Regulators
CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA
Trading Platform
MT4, MT5, WebTerminal, Exness Terminal
Crypto
Yes
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Negative balance protection applied to accounts | US clients are not accepted |
| ZAR base currency accounts for South African traders | Limited financial markets offered that can be traded |
| Supports instant and market executions according to the retail investor account | |
| Ultra-low minimum deposit requirement | |
| Well-regulated and trusted forex trading broker | |
| Powerful trading platforms supported |
Features
Exness is a popular forex broker in South Africa that has more than 200,000 active traders from jurisdictions around the world. Exness is known for offering tight spreads and a safe and well-regulated trading environment.
South African traders can benefit from the fact that Exness supports a ZAR denominated account, which cancels out any currency conversion fees when traders deposit or withdraw funds. Exness is also known for its prompt customer support, same-day withdrawals, and competitive trading conditions.
IFX Brokers
Min Deposit
USD 10
Regulators
FSCA
Trading Platform
MT4, MT5
Crypto
No
Total Pairs
200
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Pros and Cons
| ✔️ Pros | ❌ Cons |
| Well-regulated South African broker | US clients are not accepted |
| Offers a range of useful and advanced trading tools | Spreads are not the tightest |
| Caters to inexperienced traders and advanced traders | There is no FIX API trading |
| Educational resources are offered | Live chat support is not available yet |
| Supports the use of MetaTrader trading platforms | |
| ECN broker that offers reliable trade execution speeds |
Features
Established in 2018, IFX Brokers is one of the most reputable CFD and forex brokers in South Africa. IFX Brokers is an ECN broker that offers competitive trading conditions and a safe trading environment.
IFX Brokers is one-stop trading and investing provider that caters to private and institutional traders, providing access to powerful trading platforms, and a choice in financial instruments and markets including forex, metals, indices, and more.
IFX Brokers offers a choice between reliable and fast deposit and withdrawal options, with the option of same-day withdrawals on some of these options.
Conclusion
One of the vital components that traders must evaluate when they choose a forex broker revolves around how quickly deposits and withdrawals can be made. One of the largest red flags in the trading industry is when a broker makes up excuses not to process a withdrawal and this can easily be avoided by using a well-regulated, validated forex broker with a good reputation.
Online payments and credit/debit cards are some of the fastest funding options that there are, with some reflecting instantly depending on the network latency. Some of the best forex brokers in South Africa that offer same-day withdrawals are indicated below.
Frequently Asked Questions
Are there same-day withdrawal forex brokers operating in South Africa?
Yes, according to our research there are well-regulated, trusted same-day withdrawal forex brokers that South Africans can choose to trade with.
Are same-day withdrawal brokers in South Africa safe?
Yes, same-day withdrawal brokers operating in South Africa have stringent measures in place to protect their client’s funds and is therefore considered safe.
Do same-day withdrawal forex brokers charge extra fees for using this service?
It is possible that there are brokers who charge an additional fee for this service, therefore traders should consider the cost and benefits of making use of a same-day withdrawal broker before making any decisions.
What are the advantages of trading with same-day withdrawal brokers?
Our research have shown that the biggest advantage is speed, meaning traders get their hands on their funds much faster than they would with a traditional withdrawal method. Other advantages include the convenience of not having to wait days for your money and the flexibility to withdraw funds as and when needed.
What are the disadvantages of trading with same-day withdrawal brokers?
Disadvantages that traders should be aware of include the possibility of additional fees for same-day withdrawals, Same-day withdrawal may not be available for all types of transactions or for all account holders. Some brokers may have minimum or maximum withdrawal limits, or may only offer same-day withdrawal for certain types of accounts. Trading with a broker that offers same-day withdrawal can increase the risk of fraud or other financial losses. It’s important to do your due diligence and carefully research any broker before depositing funds with them, to ensure that they are reputable and trustworthy.
Top 4 Brokers
