The 8 Best Scalping Forex Brokers in South Africa – rated and reviewed.
We have listed, rated, and reviewed the 8 Best Scalping Forex Brokers in South Africa. We showcase which notable providers offer the option to Forex Scalp Trade in South Africa.
In this in-depth write-up you will learn:
- A list of the Best Scalping Forex Brokers for Beginners in Europe, South Africa, India, and the US.
- Which Low Spread or CFD Broker, Platform, and Account Type is best for Forex Scalping, and will allow Hedging, Swing Trading + crypto, and futures scalping?
- Is Forex Scalping Illegal and Profitable? – Answered!
- Candlestick Patterns, Bollinger Bands, and more. – Forex Terms Explained
- Can you Scalp Trade with RCG Markets, Vault Markets, Deriv Go, and TradingView?
and much, MUCH more!
8 Best Forex Scalping Brokers in South Africa – a Comparison
| 🔎 Broker | 📉 Scalping Allowed | 🚀 Open an Account | 📈 Hedging Allowed | 📌 Open an Account |
| 🥇 AvaTrade | ✅ Yes | 👉 Click Here | ☑️ Yes | 👉 Click Here |
| 🥈 Pepperstone | ☑️ Yes | 👉 Click Here | ✅ Yes | 👉 Click Here |
| 🥉 InstaForex | ✅ Yes | 👉 Click Here | ☑️ Yes | 👉 Click Here |
| 🏅 Admirals | ☑️ Yes | 👉 Click Here | ✅ Yes | 👉 Click Here |
| 🎖️ RoboForex | ✅ Yes | 👉 Click Here | ☑️ Yes | 👉 Click Here |
| 🥇 FXCM | ☑️ Yes | 👉 Click Here | ✅ Yes | 👉 Click Here |
| 🥈 FXPro | ✅ Yes | 👉 Click Here | ☑️ Yes | 👉 Click Here |
| 🥉 XTB | ☑️ Yes | 👉 Click Here | ✅ Yes | 👉 Click Here |
10 Best Forex Brokers in South Africa for 2025
Rank
Broker
Review
Regulators
Min Deposit
Official Site
8 Best Forex Scalping Brokers in South Africa (2025)
- ☑️ AvaTrade – Overall, the Best Scalping Forex Broker in South Africa.
- ☑️ Pepperstone – Top Broker for Low Latency Trading
- ☑️ InstaForex – The Best broker for scalping with cryptocurrencies.
- ☑️ Admirals – Best Broker Choice for Beginner Traders
- ☑️ RoboForex – Popular MetaTrader 4 and MetaTrader 5 Broker Choice
- ☑️ FXCM – Low Deposit Scalping + Heding Forex Broker
- ☑️ FXPro – Leading NDD Broker with Ultra-fast execution speed.
- ☑️ XTB – Fast Execution Scalping Broker
AvaTrade
AvaTrade is a well-regulated Forex Broker that offers its services across 6 continents. AvaTrade clients will have access to a wide choice of assets, and leading trading platforms.
AvaTrade Overview
| 🔎 Broker | 🥇 AvaTrade |
| 📜 Regulation | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA |
| 💳 Minimum deposit | $100 USD / R1816 ZAR |
| 🚀Bonus | ✅ Yes |
| 🔥Trust Score | 94% |
| 🔥Live support | 24/5 |
| 📱 MetaTrader 4 (MT4) | ✅ Yes |
| 📱 MetaTrader 5 (MT5) | ✅ Yes |
| 📊Trading Islamic Account | ✅ Yes |
| 📊CFDs - Total Offered | 1,200 CFDs |
| 💰 Spreads | 0,9 pips |
| 💰 Withdrawal fee amount | Zero |
| 💰 Trading fees class | Very Low |
| ✔️ Scalping Allowed | ✅ Yes |
| 📈Products Offered | Forex, Stocks (CFDs), Commodities (CFDs), Indices (CFDs), Cryptocurrencies (CFDs) |
| 👥Account Types | Various, including standard accounts, demo accounts, Islamic accounts, and professional accounts (depending on regulation) |
| 📚Educational Resources | Webinars, articles, tutorials |
| 📍 Focus | User-friendly platform for beginners and experienced traders |
| ☎️Customer Support | Multiple languages offered |
| 📌Important Note | AvaTrade does not offer direct trading on the Volatility 75 Index (VIX). |
| 🚀 Open a account | 👉 Open Account |
AvaTrade Scalp Trading
AvaTrade allows traders to speculate on the price changes of approx. 1000 financial assets, including Stocks, Forex, and, Indices. AvaTrade is ideal for scalping due to its multiple regulations, excellent trading conditions, and, Multi-Platform functionality.
AvaTrade Pros and Cons
| ✅ Avatrade Pros | ❎ Avatrade Cons |
| Used by 400,000+ traders | Doesn’t offer VPS |
| Well-Established | Not FCA Regulated |
Pepperstone
Pepperstone is a popular broker choice amongst beginner and professional traders. Pepperstone offers access to 1200+ CFDs, fast executions, and, Razor sharp spreads.
Pepperstone Overview
| 🔎 Broker | 🥇 Pepperstone |
| 💰 Min Deposit | $0 USD |
| ✒️ Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB |
| ☪️ Islamic Account | ☑️ Yes |
| 🆓 Demo Account | ☑️ Yes |
| 💵 Base Currencies | 9 |
| 🔁 Forex Pairs | 60+ |
| 📈 Share CFDs | 60+ |
| 📉 Index CFDs | 16 |
| 🚀 Open an Account | 👉 Click Here |
Pepperstone Scalp Trading
Pepperstone offers Scalp Traders over 1200+ Instruments to trade coupled with award-winning customer support and trusted fund protection.
Pepperstone Pros and Cons
| ✅Pros | ❎ Cons |
| Segregates client funds | Limited range of instruments |
Min Deposit
USD 0
Regulators
ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB
Trading Platform
MT4, MT5, cTrader, TradingView
Crypto
Yes
Total Pairs
62
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
InstaForex
InstaForex is a BVI FSC licensed Forex Broker with over 16 years of experience in the Financial Markets. InstaForex offers access to 300+ trading instruments, a PAMM system, and, multiple deposit bonus offers.
InstaForex Overview
| 🔎 Broker | 🥇 InstaForex |
| ⭐ Regulation and Licenses | BVI FSC, CySEC, FSA SVG, FCA |
| ⏰ Support Hours | 24/5 |
| 💻 Trading Platforms | MetaTrader 4, MetaTrader 5, WebIFX, InstaForex Multi-Terminal, InstaForex WebTrader, InstaTick Trader, InstaForex MobileTrader |
| 🖱️ Account Types | Insta.Standard, Insta.Eurica, Cent.Standard, Cent.Eurica |
| 🤝 Base Currencies | USD, EUR |
| 📊 Spreads | From 0.0 pips |
| 📈 Leverage | Up to 1:1000 |
| 💸 Currency Pairs | 110.minor, major, and exotic pairs |
| 💳 Minimum Deposit | 1 USD |
| 🚫 Inactivity Fee | ✅Yes |
| 🤝 Fees and Commissions | Spreads from 0.0 pips, commissions from 0.3% |
| ✅ Affiliate Program | ✅Yes |
| 🅰️ Scalping | ✅Yes |
| 🅱️ Hedging | ✅Yes |
| ⚙️ Trading Instruments | Forex, shares, indices, precious metals, energies, commodity futures, cryptocurrencies, InstaFutures |
| 🚀Open an Account | 👉 Open Account |
InstaForex Scalp Trading
InstaForex does offer traders the option to scalp trade with multiple educational resources, such as comprehensive articles, being made available on the subject.
InstaForex Pros and Cons
| ✅ Pros | ❌ Cons |
| Low minimum deposit (starting at $1) | Limited regulation (primarily CySEC, BVI FSC) |
| Wide range of trading instruments (Forex, stocks, commodities) | No guaranteed payout (GP) for trading indices or stocks |
| Multiple account types (including PAMM accounts) | Swap fees apply for overnight positions |
| Offers demo account for practice | Inactivity fee ($10 after 12 months of no trading) |
| Negative balance protection | Complex fee structure may be unclear to beginners |
| Two-step authentication for added security | Limited customer support availability during peak times |
| User-friendly trading platform (MetaTrader 4 & 5) | No VPS hosting for traders |
| Educational resources available for beginners | Withdrawal fees may apply depending on the method |
| Affiliate and IB programs available | Not suitable for U.S. clients |
| Responsive customer support (live chat and email) | No support for accounts in local currencies (ZAR, etc.) |
Min Deposit
USD 1
Regulators
CySEC, FSC
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
107+
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Admirals
Admirals is a highly regulated Forex Broker that offers access to flexible trading accounts, leading educational resources, and, trusted customer support.
Admirals Overview
| 🔎 Broker | 🥇 Admirals |
| 📌Regulation and Licenses | FCA, ASIC, CySEC, JSC,FSCA, FSA,CMA |
| 💰Bonuses | Referral bonus, welcome bonus, no-deposit bonus, cashback program |
| ⏰Support Hours | 24/5 |
| 📈Trading Platforms | MetaTrader 4, MetaTrader 5, Admirals App |
| 📉Account Types | Trade.MT4, Zero.MT4, Trade.MT5, Invest.MT5, Zero.MT5, Bets.MT5 |
| 💴Base Currencies | EUR, USD, GBP, CHF, BGN, CZK, HRK, HUF, PLN, RON |
| 💹Spreads | From 0.0 pips |
| 📊Leverage | Up to 1:1000 |
| 💵Currency Pairs | 80+, major, minor, and exotic pairs |
| 💶Minimum Deposit | 25 USD |
| 💷Inactivity Fee | ✅Yes |
| 💻Website Languages | English, German, French, Italian, Romanian, Spanish, Portuguese, Russian, Polish, and others |
| 💰Fees and Commissions | Spreads from 0.0 pips, commissions from $0.02 |
| 🤝Affiliate Program | ✅Yes |
| 🅰️Scalping | ✅Yes |
| 🅱️Hedging | ✅Yes |
| ⚙️Trading Instruments | ESG, Forex, Crypto CFDS, Indices, Stocks, ETFs, Bonds |
| 🚀Open an Account | 👉 Open Account |
Admirals Scalp Trading
Admirals offers access to scalp trading via 4 different account types. 18 Forex Pairs can be traded with forex spreads as low as 0 pips, $6 USD commissions per lot, and, leverage of up to 1:500 depending on the trader’s country of residence.
Admirals Pros and Cons
| ✅ Pros | ❌ Cons |
| Multiple account choices | Does not accept cash deposits from banks |
| Low trading fees | Inactivity fee |
| No withdrawal fee | Product portfolio limited |
| Straightforward account opening | No 24/7 customer service |
| Available in South Africa | Does not accept US Clients |
| Negative balance protection | E-wallet options aren't available for all customers |
Min Deposit
USD 1
Regulators
FCA, CySEC, ASIC and FSCA
Trading Platform
MT4, MT5, WebTrader
Crypto
No
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
RoboForex
RoboForex is an outstanding broker choice for beginners, offering access to micro accounts, an advanced copy-trading system, and, fast order execution.
RoboForex Overview
| 🔎 Broker | 🥇 Roboforex |
| 📉 Regulation and Licenses | FSC |
| 🎁 Bonuses | Welcome bonus, up to 10% on account balance, cashback rebates |
| ⏰ Support Hours | 24/7 |
| 📊 Trading Platforms | MetaTrader 4, MetaTrader 5, R MobileTrader, R StocksTrader |
| 🖱️ Account Types | Prime, ECN, R StocksTrader, ProCent, Pro |
| 🪙 Base Currencies | USD, EUR |
| 📌 Spreads | From 0.0 pips |
| 📍 Leverage | 1:2000 |
| 💴 Currency Pairs | 40; minor, major, and exotic pairs |
| 💵 Minimum Deposit | 10 USD |
| 💶 Inactivity Fee | None |
| 🤝 Affiliate Program | ✅Yes |
| 📈 Scalping | ✅Yes |
| 📉 Hedging | ✅Yes |
| 📊 Trading Instruments | Forex, stocks, indices, ETFs, commodities, metals, energy commodities |
| 🚀 Open an Account | 👉 Open Account |
RoboForex Scalp Trading
RoboForex offers scalp trading across an impressive number of account types with leverage of up to 1:300. Scalp Traders can open a RoboForex ECN Account for as little as $10 USD and easily use automated trading strategies on the MT4, MT5, and cTrader platforms.
RoboForex Pros and Cons
| ✅ Pros | ❌ Cons |
| Low Trading Fees | Limited range of instruments |
| Variety of Trading Platforms | Not FCA Regulated |
| Comprehensive Education | Reports of occasional slow execution speeds |
| Copy Trading | Lacks in live webinars |
| 24/7 Customer Support | Several non-trading fees apply |
Min Deposit
USD 10
Regulators
IFSC
Trading Platform
MT4, MT5
Crypto
No
Total Pairs
36
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
FXCM
FXCM is a world leader in Forex, offering access to low spreads, zero commissions, and world-class customer support. FXCM clients will also have a choice between a free practice or multiple live trading accounts.
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 Scalp Trading
What makes FXCM ideal for Forex scalp trading is the fact that all new accounts are defaulted to up to 400:1 leverage on CFDs and FX, but will be adjusted based on the equity in the trader account. FXCM traders will be able to trade complete sets of popular currency pairs and CFDs.
FXCM Pros and Cons
| ✅ Pros | ❌ Cons |
| Low Stock and ETF fees | Limited product portfolio |
| Fast and easy account opening | Poor mobile platform |
| Low trading fees | High AUD/USD trading fee |
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
FXPro
FXPro is a well-established Forex Services provider that offers its services to retail and institutional clients in +170 countries across the globe.
FXPro Overview
| 🔎 Broker | 🥇 FXPro |
| 💶 Minimum Deposit | USD 100 / 1700 ZAR |
| 💳 Funding Fees | 0% |
| 📉 Micro Lot Trading | 0.01 |
| ⚙️ Instruments | 2100+ |
| ➡️ Ultra-fast Execution | <13ms |
| 📈 Maximum Leverage | 1:500 |
| 4️⃣ MetaTrader4 | ☑️ Yes |
| 5️⃣ MetaTrader5 | ☑️ Yes |
| 🚀 Open an Account | 👉 Open Account |
FXPro Scalp Trading
FXPro is an excellent platform for Forex Scalping due to it offering access to a wide array of currencies, commodities, indices, stocks, futures, and crypto for trading. FXPro offers maximum leverage of 1:30 (FCA), 1:30 (CySEC), and 1:200 (SCB), multiple trading platforms, and spreads from as little as 0.2 Pips.
FXPro Pros and Cons
| ✅ Pros | ❌ Cons |
| Segregates client funds | Not ASIC Regulated |
| Highly Regulated (FCA, CySEC, FSCA) | High trading fees |
| Low Minimum Deposit | Inactivity Fee |
| User-Friendly account registration | Only CFDs and Forex |
| Fast Trade Execution (Ultra-low latency) | No Bonuses or Promotions |
| Multiple Trading Platforms (MT4, MT5, cTrader, FxPro Edge) | Limited Range of Tradable Assets (No direct stocks or ETFs) |
| No Deposit Fees | Higher Spreads on Some Accounts |
| 24/5 Multilingual Support | No Social Trading Features |
Min Deposit
USD 100
Regulators
FCA, CySEC, FSCA, SCB
Trading Platform
MT4, MT5
Crypto
No
Total Pairs
70
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
XTB
XTB is a trusted Forex services provider with over 20 years of experience in the financial markets. XTB Offers access to 2200+ instruments for trade, Comprehensive educational resources, and high-quality customer support.
XTB Overview
| 🔎 Broker | 🥇 XTB |
| 💰 Min. Deposit Required | None |
| 🛑 Inactivity Fee | $0 USD / R0 ZAR |
| 🆓 Demo Account | ✅ Yes |
| 🔁 Spreads from | 0.1 |
| 📌 Commissions | Pro Account |
| 🎉 Sign Up Bonus | ✅ Yes |
| 🔘Products Offered | Forex, CFDs on indices, shares, commodities, cryptocurrencies |
| 👨💼Account Types | Standard, Pro, and XTB Zero accounts |
| 💻Trading Platforms | XTB Trader, MetaTrader 4, MetaTrader 5 |
| ⚖️Regulation | Regulated by multiple authorities including the UK's FCA, Cyprus' CySEC, and Poland's KNF |
| 📚Educational Resources | Webinars, market analysis, educational materials |
| 📞Customer Support | 24/7 |
| 📍Focus | User-friendly platform, competitive spreads, range of trading instruments |
| 📌Important Note | CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. |
| 🎉 Sign Up Bonus | Yes |
| 📈 CFD Markets | 1500+ |
| 💰 Cash Back | Yes |
| 🚀 Open an Account | 👉 Open Account |
XTB Scalp Trading
XTB does allow scalp trading with two state-of-the-art trading platforms, MT4 and xStation. Additionally, multiple educational resources are made available on the topic.
XTB Pros and Cons
| ✅ Pros | ❌ Cons |
| Used by 230,000+ traders | Doesn’t offer VPS |
| Established in 2002 | Limited range of instruments |
| Regulated by Financial Conduct Authority | Not ASIC Regulated |
Min Deposit
USD 0
Regulators
FCA, CySEC, IFSC, KNF
Trading Platform
MT4, xStation
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Candlestick Patterns, Bollinger Bands, and more – Forex Terms Explained
Candlestick Pattern or Candlestick Chart
The term Candlestick chart refers to a technical tool that packs data for multiple time frames into single price bars.
Bollinger Bands
Bollinger Bands will give traders a clear idea of where the market is moving based on price.
Stochastic Oscillator
A Stochastic oscillator will measure the momentum of an asset’s price in order to determine trends and predict reversals. Stochastic oscillators measure recent prices on a scale of 0 to 100.
Forex Ticket
A Forex Ticket or Deal Ticket refers to an important legal document for any forex exchange transaction.
Price Action Trading
A Price action trading strategy helps traders to predict market movements by spotting patterns or ‘signals’ in the price movements of an underlying market.
In Conclusion
Now it is your turn to participate:
Which Scalping Forex Broker from this list do you intend to test out?
What was the determining factor in your decision to engage with a certain broker?
Was it because of the ability to Scalp Trade or because of the Pros and Cons?
Regardless, please share your thoughts in the comments below.
You might also like: What is Forex Scalping?
You might also like: The Best Forex Brokers for Hedging.
You might also like: What is Hedging in Forex?
You might also like: The Best Forex Brokers for Swing Trading.
You might also like: What is Swing Trading in Forex?
Frequently Asked Questions
Which Low Spread or CFD Broker, Platform, and Account Type is best for Forex Scalping, and will allow Hedging, Swing Trading + crypto, and futures scalping?
The Best Brokers allowing for Scalping and Hedging Include Avatrade and Pepperstone. When it comes to swing trading, traders can look at FP Markets and FBS whereas InstaForex is the Best broker choice for scalping with cryptocurrencies.
Is Forex Scalping Illegal?
No. When using a well-registered trusted Forex Broker that makes Scalp Trading available, scalp trading is 100% Legal.
Is Forex Scalping Profitable?
Yes. Leverage with forex scalping can magnify gains. However, the same can be said for losses.
Can you Scalp Trade with RCG Markets, Vault Markets, Deriv Go, and TradingView?
According to the RCG Markets webpage “under no conditions is scalping permissible” whereas Vault Market states that if any scalping activity is noticed, the trader’s account will be closed. On the other hand, Deriv Go and TradingView seem to be much more accepting of Scalp Trading as a choice.
Top 4 Brokers
