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

Best swap-free brokers in ZA

Key facts (71 of 104 counts · 44 brokers onboarding South African residents)

71 of 104104
offer a swap-free account
68% of brokers onboarding South African residents
29 of 7171
offer a swap-free account
68% of brokers onboarding South African residents
60 of 104104
offer a swap-free account
68% of brokers onboarding South African residents
71 of 104104
offer a swap-free account
68% of brokers onboarding South African residents

Top 3 (of 71 of 104 ranked)

1CFI4.85Round turn 6.20 USD · local FSCA · no fee1FP Markets4.78Round turn 6.20 USD · local FSCA · no fee1AvaTrade4.62Round turn 6.20 USD · local FSCA · no fee1HFM4.5Round turn 6.20 USD · local FSCA · no fee1STARTRADER4.48Round turn 6.20 USD · local FSCA · no fee1Admirals4.4Round turn 6.20 USD · local FSCA · no fee1FXGT4.32Round turn 6.20 USD · local FSCA · no fee1Mitrade4.3Round turn 6.20 USD · local FSCA · no fee1CMTrading4.29Round turn 6.20 USD · local FSCA · no fee1IG Markets SA4.28Round turn 6.20 USD · local FSCA · no fee1JustMarkets4.27Round turn 6.20 USD · local FSCA · no fee1FXCM4.26Round turn 6.20 USD · local FSCA · no fee1Tickmill4.25Round turn 6.20 USD · local FSCA · no fee1ATFX4.24Round turn 6.20 USD · local FSCA · no fee1Moneta Markets4.17Round turn 6.20 USD · local FSCA · no fee1ThinkMarkets4.17Round turn 6.20 USD · local FSCA · no fee1Trade Nation4.07Round turn 6.20 USD · local FSCA · no fee1IronFX4.07Round turn 6.20 USD · local FSCA · no fee1AMarkets4.05Round turn 6.20 USD · local FSCA · no fee1Land-FX4.04Round turn 6.20 USD · local FSCA · no fee1CAPEX4.02Round turn 6.20 USD · local FSCA · no fee1Forex.com4.01Round turn 6.20 USD · local FSCA · no fee1FXGT.com4.01Round turn 6.20 USD · local FSCA · no fee1Traders Trust4.01Round turn 6.20 USD · local FSCA · no fee1Fusion Markets4Round turn 6.20 USD · local FSCA · no fee1Grand Capital4Round turn 6.20 USD · local FSCA · no fee1Khwezi Trade3.98Round turn 6.20 USD · local FSCA · no fee1Global Prime3.91Round turn 6.20 USD · local FSCA · no fee1IC Markets3.88Round turn 6.20 USD · local FSCA · no fee1FxPro3.82Round turn 6.20 USD · local FSCA · no fee1Orbex3.82Round turn 6.20 USD · local FSCA · no fee1XTB3.81Round turn 6.20 USD · local FSCA · no fee1GO Markets3.8Round turn 6.20 USD · local FSCA · no fee1FXChoice3.8Round turn 6.20 USD · local FSCA · no fee1BlackBull Markets3.77Round turn 6.20 USD · local FSCA · no fee1Equiti3.77Round turn 6.20 USD · local FSCA · no fee1Blueberry Markets3.75Round turn 6.20 USD · local FSCA · no fee1FXTM3.73Round turn 6.20 USD · local FSCA · no fee1Amana Capital3.73Round turn 6.20 USD · local FSCA · no fee1LiteFinance3.71Round turn 6.20 USD · local FSCA · no fee1FXOpen3.67Round turn 6.20 USD · local FSCA · no fee1Dukascopy3.66Round turn 6.20 USD · local FSCA · no fee1Pepperstone3.65Round turn 6.20 USD · local FSCA · no fee1ActivTrades3.65Round turn 6.20 USD · local FSCA · no fee1Errante3.6Round turn 6.20 USD · local FSCA · no fee1HYCM3.59Round turn 6.20 USD · local FSCA · no fee1Windsor Brokers3.58Round turn 6.20 USD · local FSCA · no fee1Tradu3.58Round turn 6.20 USD · local FSCA · no fee1Eightcap3.52Round turn 6.20 USD · local FSCA · no fee1NAGA3.52Round turn 6.20 USD · local FSCA · no fee1Fullerton Markets3.52Round turn 6.20 USD · local FSCA · no fee1Swissquote3.46Round turn 6.20 USD · local FSCA · no fee1Skilling3.43Round turn 6.20 USD · local FSCA · no fee1TMGM3.36Round turn 6.20 USD · local FSCA · no fee1Milton Prime3.29Round turn 6.20 USD · local FSCA · no fee1InstaForex3.22Round turn 6.20 USD · local FSCA · no fee1ADSS3.02Round turn 6.20 USD · local FSCA · no fee1T4Trade2.99Round turn 6.20 USD · local FSCA · no fee1eToro2.98Round turn 6.20 USD · local FSCA · no fee1Alparino dataRound turn 6.20 USD · local FSCA · no fee1Plus500no dataRound turn 6.20 USD · local FSCA · no fee1MultiBank Groupno dataRound turn 6.20 USD · local FSCA · no fee1Axioryno dataRound turn 6.20 USD · local FSCA · no fee1Doo Primeno dataRound turn 6.20 USD · local FSCA · no fee1Hantec Marketsno dataRound turn 6.20 USD · local FSCA · no fee1FIBO Groupno dataRound turn 6.20 USD · local FSCA · no fee1Markets.comno dataRound turn 6.20 USD · local FSCA · no fee1Ultima Marketsno dataRound turn 6.20 USD · local FSCA · no fee1ForexMartno dataRound turn 6.20 USD · local FSCA · no fee1GT247.comno dataRound turn 6.20 USD · local FSCA · no fee1OctaFXno dataRound turn 6.20 USD · local FSCA · no fee

All swap-free brokers for South African residents (71 of 104 of 104)

OrderBy slice score, formula v1.0. Paid rows are marked PROMOTED and sit outside the order.
Shown12 of 44 brokers that onboard South African residents · all 44
#BrokerWho onboardsSwap-free feeRound turn, USDZAMin deposit, USDZALeverageZAR accountWithdrawal, hZAScore

Brightline FX publishes only a group leverage of 1:1000. It is marked group and left out of the leverage ranking and median.

1. CFI — local FSCA entity, no swap fee(score 71 of 104)

Round turn
6 USD
Min deposit
50 USD
Withdrawal
24 h
ZAR account
Yes
Leverage
500ZA
Licence
FSCA FSP 48920
Accepts residents
Yes
Onboarding entity
computed score, highest first; unscored brokers follow
Founded
2017
Register
public register · 01.10.2026
Spread, raw
0.1 pips
Spread, standard
1.1 pips
Group leverage
1:1000group
Instruments
2,140
Reviews
4.4 · 2,318 · 28.09.2026
Platforms
MT5cTraderWebTradingView
Funding
EFTBank transfer
Not served
United StatesCanadaJapan
  • Reviews25%reviews 80
  • Reviews20%cost 95
  • Reviews20%safety 90
  • Reviews15%payouts 80
  • Reviews10%track_record 80
  • Reviews10%platforms 65
Why it ranks here

Raw round turn 6.20 USD against a median of 9.20, with no admin fee and no time limit on the swap-free account.

Watch for

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

Full review of CFI

2. HFM — cheapest priced swap-free(score 71 of 104)

Round turn
6 USD
Min deposit
50 USD
Withdrawal
no data
ZAR account
Yes
Leverage
500ZA
Licence
FSCA 20210000044
Accepts residents
Yes
Onboarding entity
computed score, highest first; unscored brokers follow
Founded
2012
Register
public register · 01.10.2026
Spread, raw
0.0 pips
Spread, standard
1.3 pips
Group leverage
no data
Instruments
1,260
Reviews
4.2 · 1,104 · 28.09.2026
Platforms
MT5MT4Web
Funding
Bank transfer
Not served
United StatesCanadaJapan
    Why it ranks here

    Lowest round turn of the 17 priced: 5.80 USD. Dropped its swap fee in 09.2026.

    Watch for

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

    Full review of HFM

    3. Tidemark Trading — lowest entry, offshore(score 71 of 104)

    Round turn
    6 USD
    Min deposit
    50 USD
    Withdrawal
    12 h
    ZAR account
    No
    Leverage
    500ZA
    Licence
    FSC Mauritius
    Accepts residents
    Yes
    Onboarding entity
    computed score, highest first; unscored brokers follow
    Founded
    2019
    Register
    public register · 01.10.2026
    Spread, raw
    0.2 pips
    Spread, standard
    1.6 pips
    Group leverage
    1:2000group
    Instruments
    980
    Reviews
    3.9 · 846 · 28.09.2026
    Platforms
    MT5WebMobile
    Funding
    EFTSkrill
    Not served
    United StatesCanadaJapan
      Why it ranks here

      Min deposit 10 USD and the fastest published withdrawal, 12 h.

      Watch for

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

      Full review of Tidemark Trading

      What the data shows(71 of 104 distributions · 44 brokers)

      Swap-free availability (71 of 104 brokers)

      68%30/44
      Offered30Not offered14

      Admin fee after the free period (71 of 104 swap-free)

      53%16/30
      Never16After 3–30 days9No data5

      Who onboards South African residents (71 of 104 brokers)

      45%20/44
      Local FSCA entity20Offshore entity24

      ZAR account (71 of 104 brokers)

      36%16/44
      Yes16No23No data5

      Swap-free round turn, USD (71 of 104 of 104 priced · median 9.20)

      3<7
      37–8.5
      48.5–10
      310–11.5
      4≥11.5

      Retail leverage in South Africa (71 of 104 of 104 · 1 group excluded)

      11≤1:30
      71:50
      51:51–200
      61:201–400
      10>1:400

      Not in this ranking(71 of 104 of 104 in the South Africa base)

      Full list(71 of 104 of 104)

        How to choose a swap-free broker(71 of 104 checks)

        Neighbouring slices(71 of 104 in South Africa · 4 countries)

        Same country
        Same slice, other countries

        FAQ(71 of 104 questions)

        How this slice is scored(71 of 104 axes · v1.0)

        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(71 of 104 broker records)

        Verified01.10.2026
        data re-captured 28.09.2026
        What changed
          Sources · precision

            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.