What a spread is, and what it costs you

A spread is the gap between the price you can buy at and the price you can sell at, quoted in pips. It is charged the moment a position opens, which is why it is the one cost every trade pays whether it wins or loses.

A spread alone does not say what a trade costs. An account with a 0.0-pip raw spread usually charges commission per lot instead, and an account with a 1.2-pip spread usually charges none. The comparable figure is the round turn - spread plus commission for one lot, in and out - and that is what the tables here rank on.

The ten below are the brokers in South Africa publishing the tightest EUR/USD spread for a standard account. They are ordered by the figure they publish, not by preference, and a broker that publishes no spread is not on the list at all.

Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.

Key facts (64 of 104 counts · 104 brokers onboarding South African residents)

64of 104

qualify for this ranking

62% of 104

37of 64

scored on all six axes

58% of 64

66of 104

publish a price

63% of 104

72of 104

publish a leverage figure for this country

69% of 104

Top 3 (of 3 ranked)

1HFM4.46highest score of the three · locally licensed · withdrawal in 24 h 2ACY Securities4.37locally licensed · withdrawal in 24 h 3FXGT4.36locally licensed · withdrawal in 24 h

What a spread is, and what it costs you (64 of 104)

OrderBy slice score, formula v1.0.

Shown64 of 104 brokers in this ranking · all 64

#	Broker	Round turn, USDZA	Min deposit, USDZA	Leverage	Withdrawal, hZA	Score	Execution	Founded	Funding
1	CFI	4	—	500ZA	—	4.92	ECN/raw + standard	1998	3 methods · local
2	FP Markets	6.5	100	500ZA	—	4.78	ECN/raw + standard	2005	3 methods
3	Capital.com	6	20	—stated, not verified	—	4.6	Standard	2016	3 methods · local
4	AvaTrade	9	100	400ZA	—	4.55	Standard	2006	5 methods · local
5	HFM	6	—	2000ZA	24	4.46	ECN/raw + standard	2010	3 methods · local
6	STARTRADER	4	50	1000ZA	24	4.42	ECN/raw + standard	2019	4 methods
7	ACY Securities	6	50 group	500 groupZA	24	4.37	ECN/raw + standard	2011	5 methods · local
8	FXGT	6	10	5000ZA	24	4.36	ECN/raw + standard	2019	6 methods · local
9	IG Markets	6	—	—stated, not verified	72	4.36	Standard	1974	3 methods · local
10	Admirals	6	25	500ZA	24	4.36	ECN/raw + standard	2001	4 methods · local
11	ThinkMarkets	7	50	500ZA	4	4.28	ECN/raw + standard	2010	5 methods · local
12	IG Markets SA	7.5	4000 ZAR	30ZA	72	4.28	Standard	1974	2 methods · local
13	JustMarkets	3	—	3000ZA	—	4.27	ECN/raw + standard	—	3 methods · local
14	FXCM	7	4	400ZA	72	4.26	ECN/raw + standard	1999	2 methods · local
15	Mitrade	8.5	20	200ZA	24	4.24	Standard	2011	4 methods
16	CMTrading	8	300	200ZA	24	4.24	ECN/raw + standard	2012	4 methods · local
17	ATFX	12	500 group	400ZA	24	4.18	Standard	2017	3 methods · local
18	Fusion Markets	4.5	0	500ZA	1	4.13	ECN/raw + standard	2017	6 methods
19	Moneta Markets	7	50	1000ZA	24	4.12	ECN/raw + standard	—	5 methods
20	Land-FX	3.35	10	2000ZA	1	4.1	ECN/raw + standard	2008	7 methods · local
21	IronFX	18	100	500ZA	—	4.07	ECN/raw + standard	2010	6 methods · local
22	Forex.com	7	100 group	50ZA	—	4.06	ECN/raw + standard	2001	3 methods
23	CAPEX	14	100	300ZA	24	4.02	ECN/raw + standard	2016	3 methods · local
24	AMarkets	7	100 group	3000ZA	24	4.01	ECN/raw + standard	2007	3 methods
25	Plus500	8	750 ZAR	30ZA	72	4	Standard	2008	5 methods · local
26	Grand Capital	5	10	500ZA	0.25	4	ECN/raw + standard	2006	3 methods
27	Trade Nation	5	0 group	200ZA	120	3.98	Standard	2014	3 methods · local
28	Pepperstone	7	—	400ZA	24	3.97	ECN/raw + standard	2010	5 methods · local
29	ActivTrades	5	0 group	200ZA	—	3.97	Standard	2001	4 methods
30	Traders Trust	6	50	3000ZA	24	3.96	ECN/raw + standard	2009	5 methods
31	Khwezi Trade	4	500 ZAR	400ZA	72	3.96	ECN/raw + standard	2013	1 methods · local
32	IC Markets	7.5	200	500ZA	24	3.92	ECN/raw + standard	2007	9 methods · local
33	BlackBull Markets	6	0	500ZA	72	3.92	ECN/raw + standard	2014	6 methods · local
34	Scope Markets SA	9	100	1000ZA	120	3.92	Standard	2014	4 methods · local
35	Global Prime	7	0 group	500ZA	2	3.91	ECN/raw + standard	2010	6 methods
36	XTB	5	0	500ZA	72	3.83	Standard	2002	2 methods
37	FxPro	7	100	200ZA	—	3.82	ECN/raw + standard	2006	3 methods · local
38	Orbex	8	100	500ZA	24	3.82	ECN/raw + standard	2010	5 methods
39	GO Markets	6	200	500ZA	48	3.8	ECN/raw + standard	2006	4 methods
40	FXChoice	7	100	200ZA	24	3.8	ECN/raw + standard	2010	3 methods
41	Blueberry Markets	7	100 group	500ZA	48	3.75	ECN/raw + standard	2016	7 methods
42	Alpari	5.5	30	3000ZA	—	3.73	Standard	1998	5 methods
43	Dukascopy	8	100	200ZA	—	3.71	ECN/raw + standard	2004	3 methods
44	Equiti	8	500	500ZA	—	3.7	ECN/raw + standard	2003	3 methods
45	Amana Capital	7	50 group	100ZA	48	3.69	ECN/raw + standard	2010	2 methods
46	Trive South Africa	10	—	—stated, not verified	168	3.68	ECN/raw + standard	2022	4 methods · local
47	LiteFinance	18	50	1000ZA	24	3.67	Standard	2005	3 methods
48	Unum Capital	11	—	—stated, not verified	—	3.64	Standard	1999	2 methods · local
49	CMC Markets	5	0 group	200 groupZA	—	3.63	ECN/raw + standard	1989	—
50	FXTM	16	10	2000ZA	24	3.6	Standard	2011	5 methods · local
51	ForexMart	10	15	500ZA	7	3.59	Standard	2015	6 methods · local
52	Windsor Brokers	8	50 group	1000ZA	24	3.58	ECN/raw + standard	1988	3 methods
53	Errante	—	50 group	1000ZA	24	3.58	ECN/raw + standard	2019	5 methods
54	NAGA	11	250	1000ZA	24	3.58	Standard	2015	4 methods · local
55	Fullerton Markets	7	—	500ZA	—	3.52	ECN/raw + standard	2015	2 methods
56	Swissquote	16	1000	100ZA	24	3.5	ECN/raw + standard	1996	2 methods
57	Skilling	8.5	100	500ZA	—	3.43	ECN/raw + standard	2016	6 methods
58	MultiBank Group	15	50 group	500ZA	—	3.35	Standard	2005	5 methods
59	TMGM	7	100 group	1000ZA	96	3.3	ECN/raw + standard	2013	6 methods
60	Eightcap	7	100 group	500ZA	120	3.22	ECN/raw + standard	2015	4 methods
61	BDSwiss	10	10 group	2000 groupZA	24	3.21	ECN/raw + standard	2012	4 methods · local
62	ADSS	12	100 group	500ZA	120	3.02	ECN/raw + standard	2010	2 methods
63	Fortrade	20	—	—stated, not verified	120	2.48	Standard	2013	4 methods
64	Scope Markets	9	10 group	1000 groupZA	—	—	Standard	—	4 methods · local

Ten are shown; the button opens the rest.

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

— the broker does not publish this figure; it is not read as a zero and it is not scored.

IC Markets publishes a retail leverage of 1:500 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.

The ten above illustrate the term. Brokers with the lowest spreads in South Africa lists every broker that qualifies, with the figure each one publishes.

Identical for every row, so it is stated once: Who onboards Local · FSCA · Swap-free fee none, no limit · ZAR account Yes.

1. HFM — highest score of the three · locally licensed · withdrawal in 24 h (score 4.46)

Round turn: 6 USD
Withdrawal: same business day
ZAR account: ZAR trading accounts offered; also USD.
Leverage: 2000ZA
Licence: FSCA 46632
Accepts residents: yes
Onboarding entity: SA clients served under LOCAL FSCA-licensed entity HF Markets SA (Pty) Ltd.
Founded: 2010
Register: https://fxscouts.co.za · 09.07.2026
Group leverage: uncleargroup
Instruments: 1000+ CFDs: FX, metals, indices, shares, commodities, crypto.
Platforms: MT5cTraderWebTradingView
Funding: Fast free deposits/withdrawals via local ZAR banks; cards, e-wallets.
Not served: United States, Canada, Sudan, Syria, Iran, North Korea

Reviews25%80
Round-turn cost20%95
Safety90
Payouts15%
Track record10%
Platforms50

Why it ranks here

Round turn 6 USD against the slice median 7 USD. strongest axis round-turn cost 95 of 100. total score 4.46.

Watch for

Payouts axis 58 of 100; e-wallet times not published.

Full review of HFM

2. ACY Securities — locally licensed · withdrawal in 24 h (score 4.37)

Round turn: 6 USD
Withdrawal: under 24 hours
ZAR account: USD, AUD, EUR, GBP, NZD, CAD, JPY; ZAR reported supported for SA clients (verify at signup).
Leverage: 500 groupZA
Licence: FSCA 51008
Accepts residents: through an offshore entity
Onboarding entity: ACY Securities SA (Pty) Ltd (formerly Ingot Brokers SA), a locally licensed entity.
Founded: 2011
Register: https://fsca.co.za · 09.07.2026
Group leverage: offshore
Instruments: FX, indices, commodities, shares CFDs, crypto CFDs.
Platforms: MT5MT4Web
Funding: Cards, bank transfer, Skrill, Neteller, crypto (USDT/USDC); no ZA-specific rail verified.
Not served: North Korea, Somalia, South Sudan, Iran, Libya, New Zealand, United States, Russian Federation, Belarus

Why it ranks here

Round turn 6 USD against the slice median 7 USD. strongest axis round-turn cost 95 of 100. total score 4.37.

Watch for

Min deposit 200 USD, double the South Africa median of 50; withdrawal time not published.

Full review of ACY Securities

3. FXGT — locally licensed · withdrawal in 24 h (score 4.36)

Round turn: 6 USD
Withdrawal: within 24 hours
ZAR account: USD, EUR, JPY and ZAR - South Africans can hold a ZAR account and avoid conversion.
Leverage: 5000ZA
Licence: 48896
Accepts residents: through an offshore entity
Onboarding entity: South African clients are onboarded under the local entity GT IO Markets (Pty) Ltd, with the Seychelles entity used for global products.
Founded: 2019
Register: https://fxgt.com · 09.07.2026
Group leverage: localgroup
Instruments: 50+ FX pairs, 30+ crypto CFDs, synthetic crypto pairs, 50+ US share CFDs, 10+ indices, metals and energy CFDs.
Platforms: MT5WebMobile
Funding: Cards, local bank/EFT, e-wallets (Neteller/Skrill/STICPAY) and crypto; ZAR deposits supported.
Not served: United States, Canada, European Union member states, Iran, North Korea, Belize, Ukraine, United Kingdom

Why it ranks here

Round turn 6 USD against the slice median 7 USD. strongest axis safety 100 of 100. total score 4.36.

Watch for

Onboards South African residents through an offshore entity: no FSCA licence, no FSCA complaints route, no ZAR account.

Full review of FXGT

What the data shows(4 distributions · 104 brokers)

Swap-free availability (104 brokers)

Offered30Not offered14

Admin fee after the free period (64 of 104 swap-free)

Never16After 3–30 days9not published5

Who onboards South African residents (104 brokers)

Local FSCA entity20Offshore entity24

ZAR account (104 brokers)

Yes16No23not published5

Swap-free round turn, USD (66 of 104 priced · median 7)

7<5

455-10

810-15

515-20

120+

Retail leverage in South Africa (72 of 104 · 1 group excluded)

48<1000

151000-2000

42000-3000

43000-4000

14000+

Full list(64 of 104)

1CFI4.92
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
4
Leverage
500ZA
ZAR
Yes
2FP Markets4.78
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6.5
Min deposit, USD
100
Leverage
500ZA
ZAR
Yes
3Capital.com4.6
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
20
ZAR
Yes
4AvaTrade4.55
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
100
Leverage
400ZA
ZAR
Yes
5HFM4.46
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Leverage
2000ZA
ZAR
Yes
6STARTRADER4.42
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
4
Min deposit, USD
50
Leverage
1000ZA
ZAR
Yes
7ACY Securities4.37
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50 group
Leverage
500 groupZA
ZAR
Yes
8FXGT4.36
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
10
Leverage
5000ZA
ZAR
Yes
9IG Markets4.36
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
ZAR
Yes
10Admirals4.36
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
25
Leverage
500ZA
ZAR
Yes
11ThinkMarkets4.28
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
50
Leverage
500ZA
ZAR
Yes
12IG Markets SA4.28
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7.5
Min deposit, USD
4000 ZAR
Leverage
30ZA
ZAR
Yes
13JustMarkets4.27
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
3
Leverage
3000ZA
ZAR
Yes
14FXCM4.26
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
4
Leverage
400ZA
ZAR
Yes
15Mitrade4.24
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
8.5
Min deposit, USD
20
Leverage
200ZA
ZAR
Yes
16CMTrading4.24
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
300
Leverage
200ZA
ZAR
Yes
17ATFX4.18
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
12
Min deposit, USD
500 group
Leverage
400ZA
ZAR
Yes
18Fusion Markets4.13
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
4.5
Min deposit, USD
0
Leverage
500ZA
ZAR
Yes
19Moneta Markets4.12
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
50
Leverage
1000ZA
ZAR
Yes
20Land-FX4.1
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
3.35
Min deposit, USD
10
Leverage
2000ZA
ZAR
Yes
21IronFX4.07
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
18
Min deposit, USD
100
Leverage
500ZA
ZAR
Yes
22Forex.com4.06
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
50ZA
ZAR
Yes
23CAPEX4.02
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
14
Min deposit, USD
100
Leverage
300ZA
ZAR
Yes
24AMarkets4.01
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
3000ZA
ZAR
Yes
25Plus5004
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
750 ZAR
Leverage
30ZA
ZAR
Yes
26Grand Capital4
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
10
Leverage
500ZA
ZAR
Yes
27Trade Nation3.98
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
0 group
Leverage
200ZA
ZAR
Yes
28Pepperstone3.97
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Leverage
400ZA
ZAR
Yes
29ActivTrades3.97
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
0 group
Leverage
200ZA
ZAR
Yes
30Traders Trust3.96
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50
Leverage
3000ZA
ZAR
Yes
31Khwezi Trade3.96
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
4
Min deposit, USD
500 ZAR
Leverage
400ZA
ZAR
Yes
32IC Markets3.92
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7.5
Min deposit, USD
200
Leverage
500ZA
ZAR
Yes
33BlackBull Markets3.92
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0
Leverage
500ZA
ZAR
Yes
34Scope Markets SA3.92
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
100
Leverage
1000ZA
ZAR
Yes
35Global Prime3.91
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
0 group
Leverage
500ZA
ZAR
Yes
36XTB3.83
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
0
Leverage
500ZA
ZAR
Yes
37FxPro3.82
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100
Leverage
200ZA
ZAR
Yes
38Orbex3.82
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
100
Leverage
500ZA
ZAR
Yes
39GO Markets3.8
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
200
Leverage
500ZA
ZAR
Yes
40FXChoice3.8
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100
Leverage
200ZA
ZAR
Yes
41Blueberry Markets3.75
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
500ZA
ZAR
Yes
42Alpari3.73
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
5.5
Min deposit, USD
30
Leverage
3000ZA
ZAR
Yes
43Dukascopy3.71
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
100
Leverage
200ZA
ZAR
Yes
44Equiti3.7
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
500
Leverage
500ZA
ZAR
Yes
45Amana Capital3.69
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
50 group
Leverage
100ZA
ZAR
Yes
46Trive South Africa3.68
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
10
ZAR
Yes
47LiteFinance3.67
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
18
Min deposit, USD
50
Leverage
1000ZA
ZAR
Yes
48Unum Capital3.64
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
11
ZAR
Yes
49CMC Markets3.63
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
0 group
Leverage
200 groupZA
ZAR
Yes
50FXTM3.6
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
16
Min deposit, USD
10
Leverage
2000ZA
ZAR
Yes
51ForexMart3.59
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
10
Min deposit, USD
15
Leverage
500ZA
ZAR
Yes
52Windsor Brokers3.58
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
50 group
Leverage
1000ZA
ZAR
Yes
53Errante3.58
Onboards
Local · FSCA
Swap-free
none, no limit
Min deposit, USD
50 group
Leverage
1000ZA
ZAR
Yes
54NAGA3.58
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
11
Min deposit, USD
250
Leverage
1000ZA
ZAR
Yes
55Fullerton Markets3.52
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Leverage
500ZA
ZAR
Yes
56Swissquote3.5
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
16
Min deposit, USD
1000
Leverage
100ZA
ZAR
Yes
57Skilling3.43
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
8.5
Min deposit, USD
100
Leverage
500ZA
ZAR
Yes
58MultiBank Group3.35
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
15
Min deposit, USD
50 group
Leverage
500ZA
ZAR
Yes
59TMGM3.3
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
1000ZA
ZAR
Yes
60Eightcap3.22
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
500ZA
ZAR
Yes
61BDSwiss3.21
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
10
Min deposit, USD
10 group
Leverage
2000 groupZA
ZAR
Yes
62ADSS3.02
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
12
Min deposit, USD
100 group
Leverage
500ZA
ZAR
Yes
63Fortrade2.48
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
20
ZAR
Yes

How to read the ten below

Start with the figure this page ranks on.
Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.
Check which company would onboard you.
The same brand can take a resident of South Africa through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.
Read the cost beside the deposit.
The median round turn across this country is 7.0 USD and the median minimum deposit 50.0 USD; a low deposit beside a wide spread takes the difference back on every trade.

Neighbouring slices(6 rankings · 5 explainers)

Same country

Explained

FAQ

How many brokers qualify for this ranking in South Africa?: 64 of 104 brokers measured for this country qualify.
Which broker leads it, and on what basis?: HFM leads it with a score of 4.46. The order is computed score, highest first; unscored brokers follow.
What does a trade typically cost here?: The median round turn - spread plus commission for one standard lot, in and out - is 7.0 USD across the brokers that publish both parts.
Why do some rows show a dash instead of a figure?: Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.
Why are only ten brokers shown here?: This page explains the term; the ten illustrate it. The full ranking lists 64 of 104 and is one click away.

How this slice is scored

Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology

Verified · What changed · Sources(64 of 104 broker records)

Verified01.10.2026

data re-captured 28.09.2026

Risk warning and affiliate disclosure

CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.