104 brokers measured60 pricedmedian 7.0 USDformula v1.0Data captured 03.10.2026
Best broker apps in South Africa
Key facts (6 · 52 of 104)
In this ranking
52 of 104
Ranked on all axes
18 of 52
Round turn, USD · Median
7.0 USD
Min deposit, USD · Median
50.0 USD
Max leverage
500.0geo
Withdrawal, h · Median
24.0 h
Top picks (3 / 18 of 52)
Full list (52)
Sorted by computed score, highest first. Unscored brokers follow.
Showing 52 of 104 brokers that onboard South Africa residents.
| Broker | Score | Round turn, USD | Min deposit, USD | Max leverage | Withdrawal, h | Onboarding entity |
|---|---|---|---|---|---|---|
| AvaTrade | no data | 9.0 | 100.0geo | 400.0geo | no data | Local Ava Capital Markets Pty Ltd |
| Capital.com | no data | 6.0 | 20.0geo | no data | no data | South African clients are now onboarded |
| HFM | 4.5 | 6.0 | no data | 2000.0geo | 24.0 | SA clients served under LOCAL FSCA-licen |
| STARTRADER | no data | 4.0 | 50.0geo | 1000.0geo | 24.0 | STARTRADER International Pty Ltd |
| ACY Securities | 4.42 | 6.0 | no data | no data | 24.0 | ACY Securities SA (Pty) Ltd (formerly In |
| Admirals | 4.4 | 6.0 | 25.0geo | 500.0geo | 24.0 | South African clients served by locally |
| FXGT | 4.32 | 6.0 | 10.0geo | 5000.0geo | 24.0 | South African clients are onboarded unde |
| IG Markets | 4.31 | 6.0 | no data | no data | 72.0 | IG Markets South Africa Ltd |
| Mitrade | no data | 8.5 | no data | 200.0geo | 24.0 | Mitrade Markets Pty Ltd |
| CMTrading | 4.29 | 8.0 | 300.0geo | 200.0geo | 24.0 | GCMT South Africa (Pty) Ltd; FSCA licenc |
| IG Markets SA | no data | 7.5 | no data | 30.0geo | 72.0 | IG Markets South Africa Limited |
| Moneta Markets | 4.17 | 7.0 | 50.0geo | 1000.0geo | 24.0 | Moneta Markets Ltd |
| Trade Nation | 4.07 | 5.0 | no data | 200.0geo | 120.0 | South African clients are onboarded unde |
| AMarkets | 4.05 | 7.0 | no data | 3000.0geo | 24.0 | AMarkets Ltd |
| Forex.com | 4.01 | 7.0 | no data | 50.0geo | no data | GAIN Global Markets Inc |
| Traders Trust | 4.01 | 6.0 | 50.0geo | 3000.0geo | 24.0 | Offshore TTCM Traders Trust Capital Mark |
| Fusion Markets | no data | 4.5 | no data | 500.0geo | 1.0 | South African retail clients are onboard |
| Headway | no data | not priced | 1.0geo | no data | no data | Home base: Jarocel (Pty) Ltd, East Londo |
| IC Markets | no data | 7.5 | 200.0geo | 500.0geo | no data | South African clients are onboarded unde |
| XTB | 3.81 | 7.0 | no data | 500.0geo | 72.0 | XTB International Limited |
| BlackBull Markets | no data | 6.0 | 0.0geo | 500.0geo | no data | BBG Limited |
| Equiti | no data | 8.0 | 500.0geo | 500.0geo | no data | SA clients served via group offshore ent |
| Trive South Africa | no data | 10.0 | no data | no data | 168.0 | Trive International Ltd |
| FXTM | no data | not priced | 10.0geo | 2000.0geo | 24.0 | ForexTime Ltd |
| Amana Capital | 3.73 | 7.0 | no data | 100.0geo | 48.0 | Amana Capital Ltd |
| LiteFinance | 3.71 | 18.0 | 50.0geo | 1000.0geo | 24.0 | South African residents are onboarded un |
| Unum Capital | 3.69 | 11.0 | no data | no data | no data | Unum Capital (Pty) Ltd (formerly Vunani |
| Standard Bank Online Share Trading (OST / SBG Securities) | no data | not priced | no data | no data | 120.0 | SBG Securities (Pty) Ltd, wholly-owned s |
| Errante | 3.6 | 15.0 | no data | 1000.0geo | 24.0 | Served under offshore Errante Securities |
| Tradu | no data | not priced | no data | 30.0geo | 120.0 | Stratos South Africa (Pty) Ltd. |
| NAGA | no data | 11.0 | 250.0geo | 1000.0geo | 24.0 | Served under offshore NAGA Capital Ltd ( |
| TMGM | no data | 7.0 | no data | 1000.0geo | 96.0 | Trademax Global Ltd |
| InstaForex | no data | not priced | no data | 1000.0geo | 7.0 | SA clients served via offshore Instant T |
| BDSwiss | 3.21 | 10.0 | no data | no data | 24.0 | South African clients are served with ZA |
| T4Trade | no data | not priced | no data | 1000.0geo | no data | Tradeco Ltd |
| eToro | no data | not priced | no data | 30.0geo | 120.0 | Served; South African clients onboarded |
| Fortrade | 2.57 | 20.0 | no data | no data | 120.0 | Served internationally via Fortrade (Mau |
| Alpari | no data | not priced | 30.0geo | 3000.0geo | no data | Parlance Trading Ltd |
| Plus500 | no data | not priced | no data | 30.0geo | 72.0 | Plus500AU Pty Ltd |
| Interactive Brokers | no data | not priced | no data | no data | no data | IBKR LLC |
| Doo Prime | no data | not priced | no data | 1000.0geo | no data | South African retail served offshore via |
| Hantec Markets | no data | not priced | no data | 500.0geo | no data | Hantec Markets Ltd |
| ZuluTrade | no data | not priced | no data | no data | no data | Copy-trading/social-trading layer over c |
| 10X Investments | no data | not priced | no data | no data | no data | 10X Investments (Pty) Ltd |
| Absa Stockbrokers & Portfolio Management | no data | not priced | no data | no data | no data | of Absa Group Ltd |
| EasyEquities | no data | not priced | no data | no data | 120.0 | of Purple Group Ltd |
| GT247.com | no data | not priced | no data | 25.0geo | no data | of JSE-listed Purple Group Ltd |
| Investec Online / Clarity | no data | not priced | no data | no data | no data | Investec Bank Ltd |
| Nedbank Online Share Trading | no data | not priced | no data | no data | no data | Nedgroup Private Wealth Stockbrokers (Pt |
| Satrix | no data | not priced | no data | no data | no data | Satrix Managers (RF) (Pty) Ltd (part of |
| Shyft (Standard Bank Shyft) | no data | not priced | no data | no data | no data | The Standard Bank of South Africa Ltd |
| FNB Share Investing | no data | not priced | no data | no data | no data | of FirstRand Bank Ltd |
The numbers across South Africa
Round-turn cost, USD (60 of 104)
Median 7.0 · Range 1.5–20.0 USD
Minimum deposit, USD (36 of 104)
Median 50.0 · Range 0.0–1000.0 USD
Retail leverage (71 of 104)
Median 500.0 · Range 25.0–5000.0 1:x
Withdrawal time, hours (51 of 104)
Median 24.0 · Range 0.0–168.0 h
How to choose (5)
- Check the entity in the last column: South Africa residents are onboarded by a local entity at some of these brokers and by an offshore one at others.
- Compare the round turn against the median of 7.0 USD, measured on 60 of 104 brokers rather than on the whole base.
- Treat a blank as a blank: 34 of 52 brokers here are missing at least one axis and are listed without a score.
- Read the leverage column with its marker: a figure the country's regulator did not set belongs to the broker's group, not to this country.
- Open the licence number on the broker page and check it in the register before funding.
Related rankings (6)
Methodology
2 + 3 × weighted mean of six axes. A broker enters this ranking only with a review rating and a round-turn price; others are listed with their score withheld.
FAQ (4)
How many brokers are in this ranking?
52 of 104 of the 104 brokers in our South Africa base, and 18 of 52 of them are measured on all six axes.
How is the order decided?
By the computed score: 2 + 3 × the weighted mean of six axes. A broker without a review rating or without a round-turn price is listed but not ranked.
Which broker leads best broker apps in south africa?
HFM with 4.5 of 5 and a round turn of 6.0 USD.
What does trading cost in South Africa on average?
The median round turn on one EURUSD lot is 7.0 USD, measured on 60 of 104 brokers.