Top Brokers by Trading Platform

Filter Results
Trading Experience
Trading Conditions
Account Types
Trading Platforms
Regulators
Total 11 | Sort by :
Trading Experience
Trading Conditions
Account Types
Trading Platforms
Regulators
Minimum Deposit
USD 10
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
  • Indicies
  • Metals
  • Equities
TYPE OF BROKER

ECN/STP

REGULATED BY
CySEC CySEC
FCA FCA
FSCA FSCA
TRADING PLATFORMS
  • MetaTrader4
  • MetaTrader5
  • WebTrader
DEPOSIT METHODS
  • Bank Transfer
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • Neteller
  • Bitcoin
  • Unionpay
Trading Conditions
  • Max. Leverage : Flexible
  • Min. Spread : 0.1 pips
  • Currency Pairs : 59
Account Spread From Commission Execution Min. Deposit
Cent Account 1.5 pips None Instant USD 10 Account Details
Standard Account 1.3 pips None Instant USD 100 Account Details
ECN Zero Account 1.5 pips None Market USD 200 Account Details
ECN Account 0.1 pips $2.00 Market USD 500 Account Details
FXTM Pro Account 0.0 pips None Market USD 25000 Account Details
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
  • Indicies
  • Metals
  • Equities
TRADING PLATFORMS
  • MetaTrader4
  • MetaTrader5
  • WebTrader
DEPOSIT METHODS
  • Bank Transfer
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • Neteller
  • Bitcoin
  • Unionpay
Trading Conditions
  • Max. Leverage : Flexible
  • Min. Spread : 0.1 pips
  • Currency Pairs : 59
Minimum Deposit
USD 100
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
  • Indicies
  • Metals
  • Bonds
TYPE OF BROKER

STP

REGULATED BY
ASIC ASIC
TRADING PLATFORMS
  • MetaTrader4
  • MetaTrader5
  • WebTrader
  • IRESS
DEPOSIT METHODS
  • Bank Transfer
  • Visa
  • Mastercard
  • Paypal
  • Skrill
  • Neteller
  • Fasapay
  • BPay
  • PaySec
  • POLi
Trading Conditions
  • Max. Leverage : 500:1
  • Min. Spread : 0.1 pips
  • Currency Pairs : 50+
Account Spread From Commission Execution Min. Deposit
RAW 0.0 pips $3.50 STP USD 100 Account Details
Standard 1.0 pips None STP USD 100 Account Details
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
  • Indicies
  • Metals
  • Bonds
TRADING PLATFORMS
  • MetaTrader4
  • MetaTrader5
  • WebTrader
  • IRESS
DEPOSIT METHODS
  • Bank Transfer
  • Visa
  • Mastercard
  • Paypal
  • Skrill
  • Neteller
  • Fasapay
  • BPay
  • PaySec
  • POLi
Trading Conditions
  • Max. Leverage : 500:1
  • Min. Spread : 0.1 pips
  • Currency Pairs : 50+
Minimum Deposit
USD 100
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
  • Indicies
  • Equities
  • ETFs
TYPE OF BROKER

Market Maker

REGULATED BY
ASIC ASIC
FSCA FSCA
B.V.I FSC B.V.I FSC
FSA FSA
TRADING PLATFORMS
  • MetaTrader4
  • WebTrader
DEPOSIT METHODS
  • POLi
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Paypal
  • Bank Transfer
Trading Conditions
  • Max. Leverage : 400:1
  • Min. Spread : 0.7 pips
  • Currency Pairs : 50+
Account Spread From Commission Execution Min. Deposit
Professional 1.3 pips None Instant USD 100 Account Details
Retail 1.3 pips None Instant USD 100 Account Details
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
  • Indicies
  • Equities
  • ETFs
TRADING PLATFORMS
  • MetaTrader4
  • WebTrader
DEPOSIT METHODS
  • POLi
  • Visa
  • Mastercard
  • Skrill
  • Neteller
  • Paypal
  • Bank Transfer
Trading Conditions
  • Max. Leverage : 400:1
  • Min. Spread : 0.7 pips
  • Currency Pairs : 50+
Minimum Deposit
USD 5
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
  • Indicies
  • Metals
  • Equities
  • Energies
TYPE OF BROKER

Market Maker

REGULATED BY
CySEC CySEC
FCA FCA
ASIC ASIC
IFSC IFSC
TRADING PLATFORMS
  • MetaTrader4
  • MetaTrader5
  • WebTrader
DEPOSIT METHODS
  • Bank Transfer
  • Sofort Banking
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • Neteller
  • Bitcoin
  • Unionpay
Trading Conditions
  • Max. Leverage : 500:1
  • Min. Spread : 0.1 pips
  • Currency Pairs : 55+
Account Spread From Commission Execution Min. Deposit
Micro 1.0 pips None Instant USD 5 Account Details
Standard 1.0 pips None Instant USD 5 Account Details
XM Ultra Low 0.6 pips None Instant USD 50 Account Details
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
  • Indicies
  • Metals
  • Equities
  • Energies
TRADING PLATFORMS
  • MetaTrader4
  • MetaTrader5
  • WebTrader
DEPOSIT METHODS
  • Bank Transfer
  • Sofort Banking
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • Neteller
  • Bitcoin
  • Unionpay
Trading Conditions
  • Max. Leverage : 500:1
  • Min. Spread : 0.1 pips
  • Currency Pairs : 55+
Minimum Deposit
ZAR 2000
TRADING INSTRUMENTS
  • Commodities
  • Forex
TYPE OF BROKER

Pure STP

REGULATED BY
FSCA FSCA
TRADING PLATFORMS
  • MetaTrader4
  • WebTrader
DEPOSIT METHODS
  • Bank Transfer
  • Visa
  • Mastercard
Trading Conditions
  • Max. Leverage : 200:1
  • Min. Spread : 0.6 pips
  • Currency Pairs : 32
Account Spread From Commission Execution Min. Deposit
Basic Normal pips None STP ZAR 2000 Account Details
Standard Competative pips None STP ZAR 15000 Account Details
Premier Tight pips None STP USD 30000 Account Details
VIP Institutional pips None STP ZAR 50000 Account Details
TRADING INSTRUMENTS
  • Commodities
  • Forex
TRADING PLATFORMS
  • MetaTrader4
  • WebTrader
DEPOSIT METHODS
  • Bank Transfer
  • Visa
  • Mastercard
Trading Conditions
  • Max. Leverage : 200:1
  • Min. Spread : 0.6 pips
  • Currency Pairs : 32
Minimum Deposit
USD 1000
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
  • Equities
  • Bonds
  • Futures
TYPE OF BROKER

Market Maker

REGULATED BY
FCA FCA
TRADING PLATFORMS
  • MetaTrader4
  • MetaTrader5
  • WebTrader
  • AdvancedTrader
DEPOSIT METHODS
  • Bank Transfer
  • Visa
  • Mastercard
  • Unionpay
Trading Conditions
  • Max. Leverage : 400:1
  • Min. Spread : 1.7 pips
  • Currency Pairs : 78
Account Spread From Commission Execution Min. Deposit
Professional Custom pips None Instant Volume Based Account Details
Standard 1.7 pips None Instant USD 1000 Account Details
Premium 1.4 pips None Instant USD 10000 Account Details
Prime 1.1 pips None Instant USD 50000 Account Details
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
  • Equities
  • Bonds
  • Futures
TRADING PLATFORMS
  • MetaTrader4
  • MetaTrader5
  • WebTrader
  • AdvancedTrader
DEPOSIT METHODS
  • Bank Transfer
  • Visa
  • Mastercard
  • Unionpay
Trading Conditions
  • Max. Leverage : 400:1
  • Min. Spread : 1.7 pips
  • Currency Pairs : 78
Minimum Deposit
USD 100
TRADING INSTRUMENTS
  • Forex
  • Indicies
  • Metals
  • Equities
  • Energies
  • Futures
TYPE OF BROKER

NDD Intervention Market Maker

REGULATED BY
FCA FCA
CySEC CySEC
FSCA FSCA
DFSA DFSA
SCB SCB
TRADING PLATFORMS
  • MetaTrader4
  • MetaTrader5
  • WebTrader
  • cTrader
  • FxProEdge
DEPOSIT METHODS
  • Bank Transfer
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • Neteller
  • Unionpay
Trading Conditions
  • Max. Leverage : 500:1
  • Min. Spread : 0.6 pips
  • Currency Pairs : 70+
Account Spread From Commission Execution Min. Deposit
FxPro cTrader 0.45 pips $4.50 Market USD 100 Account Details
FxPro MT4 1.2 pips None Market USD 100 Account Details
FxPro MT5 1.52 pips None Market USD 100 Account Details
TRADING INSTRUMENTS
  • Forex
  • Indicies
  • Metals
  • Equities
  • Energies
  • Futures
TRADING PLATFORMS
  • MetaTrader4
  • MetaTrader5
  • WebTrader
  • cTrader
  • FxProEdge
DEPOSIT METHODS
  • Bank Transfer
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • Neteller
  • Unionpay
Trading Conditions
  • Max. Leverage : 500:1
  • Min. Spread : 0.6 pips
  • Currency Pairs : 70+
Minimum Deposit
USD 100
TRADING INSTRUMENTS
  • Cryptocurrencies
  • Forex
  • Indicies
  • Metals
TYPE OF BROKER

ECN/STP

REGULATED BY
CySEC CySEC
TRADING PLATFORMS
  • MetaTrader4
  • MetaTrader5
  • WebTrader
  • cTrader
DEPOSIT METHODS
  • Visa
  • Skrill
  • Neteller
  • Bitcoin
Trading Conditions
  • Max. Leverage : 500:1
  • Min. Spread : 0.0 pips
  • Currency Pairs : 28
Account Spread From Commission Execution Min. Deposit
cTrader ECN 0.0 pips None Market USD 100 Account Details
MT4 Micro 0.4 pips None Market USD 100 Account Details
MT5 Pro 0.2 pips None Market USD 500 Account Details
TRADING INSTRUMENTS
  • Cryptocurrencies
  • Forex
  • Indicies
  • Metals
TRADING PLATFORMS
  • MetaTrader4
  • MetaTrader5
  • WebTrader
  • cTrader
DEPOSIT METHODS
  • Visa
  • Skrill
  • Neteller
  • Bitcoin
Trading Conditions
  • Max. Leverage : 500:1
  • Min. Spread : 0.0 pips
  • Currency Pairs : 28
Minimum Deposit
USD 5
TRADING INSTRUMENTS
  • Commodities
  • Forex
  • Indicies
  • Metals
TYPE OF BROKER

Market Maker/NDD

REGULATED BY
CySEC CySEC
FCA FCA
IFSC IFSC
TRADING PLATFORMS
  • MetaTrader4
  • xStation5
DEPOSIT METHODS
  • Bank Transfer
  • Visa
  • Mastercard
  • Skrill
  • Neteller
Trading Conditions
  • Max. Leverage : 200:1
  • Min. Spread : 0.1 pips
  • Currency Pairs : 48
Account Spread From Commission Execution Min. Deposit
Islamic 0.28 pips $10.00 Instant USD 5 Account Details
Pro 0.28 pips $4.00 Instant USD 5 Account Details
Standard 0.35 pips None Instant USD 5 Account Details
TRADING INSTRUMENTS
  • Commodities
  • Forex
  • Indicies
  • Metals
TRADING PLATFORMS
  • MetaTrader4
  • xStation5
DEPOSIT METHODS
  • Bank Transfer
  • Visa
  • Mastercard
  • Skrill
  • Neteller
Trading Conditions
  • Max. Leverage : 200:1
  • Min. Spread : 0.1 pips
  • Currency Pairs : 48
Minimum Deposit
USD 250
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
TYPE OF BROKER

Market Maker

REGULATED BY
FSCA FSCA
TRADING PLATFORMS
  • MetaTrader4
  • WebTrader
  • Sirix
DEPOSIT METHODS
  • Bank Transfer
  • Neteller
  • Visa
  • Mastercard
  • Fasapay
Trading Conditions
  • Max. Leverage : 200:1
  • Min. Spread : 1.5 pips
  • Currency Pairs : 47
Account Spread From Commission Execution Min. Deposit
Bronze 1.5 pips None Instant USD 250 Account Details
Silver Not Published pips None Instant USD 1000 Account Details
Gold Not Published pips None Instant USD 10000 Account Details
Premium Not Published pips None Instant USD 25000 Account Details
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
TRADING PLATFORMS
  • MetaTrader4
  • WebTrader
  • Sirix
DEPOSIT METHODS
  • Bank Transfer
  • Neteller
  • Visa
  • Mastercard
  • Fasapay
Trading Conditions
  • Max. Leverage : 200:1
  • Min. Spread : 1.5 pips
  • Currency Pairs : 47
Minimum Deposit
USD 100
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
  • Indicies
  • Metals
  • Vanilla Options
TYPE OF BROKER

Market Maker

REGULATED BY
CySEC CySEC
ASIC ASIC
TRADING PLATFORMS
  • MetaTrader4
  • WebTrader
DEPOSIT METHODS
  • Bank Transfer
  • Sofort Banking
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • Neteller
  • Astropay
Trading Conditions
  • Max. Leverage : 400:1
  • Min. Spread : 0.9 pips
  • Currency Pairs : 103
Account Spread From Commission Execution Min. Deposit
Standard 1.9 pips None Instant USD 100 Account Details
Premium 1.4 pips None Instant USD 2000 Account Details
VIP 0.9 pips None Instant USD 10000 Account Details
TRADING INSTRUMENTS
  • Commodities
  • Cryptocurrencies
  • Forex
  • Indicies
  • Metals
  • Vanilla Options
TRADING PLATFORMS
  • MetaTrader4
  • WebTrader
DEPOSIT METHODS
  • Bank Transfer
  • Sofort Banking
  • Visa
  • Mastercard
  • Maestro
  • Skrill
  • Neteller
  • Astropay
Trading Conditions
  • Max. Leverage : 400:1
  • Min. Spread : 0.9 pips
  • Currency Pairs : 103

All Forex Brokers in South Africa

Popular Platforms

MetaTrader 4

The most popular trading platform worldwide, MetaTrader 4 (MT4), is either a free download from MetaQuotes or any of these MT4 Forex brokers.

MT4 is considered the Forex trading industry standard due to its popularity, broker adoption, security, and customisability. As MT4 is so popular, there are thousands of reviews, guides and documentation that will provide an overview of the software and help get you started, including our own MT4 guide.  Most MT4 brokers offer assistance with setting up the software and will offer platform-specific technical support should you need it.

Here is our top list of reputable broker offering MT4 and check out our detailed breakdown of the bestMT4 Forex brokers in 2019

MetaTrader 5

The primary difference between MetaTrader 4 and MetaTrader 5 (MT5) is that MT4 is predominantly an FX platform, while MT5 is a multi-asset trading solution. This means that MT5 offers not only Forex but also trading in stocks, stock indices and precious metals. MT5 presents news feeds within the platform and trades can be made on a chart. Though not offered by all brokers, it is becoming more common.

Here is our top list of reputable brokers offering MT5:

Broker Min. Deposit Min. Spread
FXTM USD 10 0.1 pips Visit Website
Read Review
FP Markets USD 100 0.1 pips Visit Website
Read Review
XM USD 5 0.1 pips Visit Website
Read Review
Swissquote USD 1000 1.7 pips Visit Website
Read Review
FxPro USD 100 0.6 pips Visit Website
Read Review
OctaFX USD 100 0.0 pips Visit Website
Read Review
Markets.com ZAR 1000 0.9 pips Visit Website
Read Review

MT4/5 OS Support

MT4 is only natively available for Windows but with some tweaking, can run on MacOS. MT5 is available for Windows, Mac and Linux. Apps for both versions are available on iPhone and iPad and Android devices.

MT4/5 Commission and fees

MetaTrader does not charge commissions for opening and closing positions, but most brokers will charge you for executing trades. Costs of trading will vary between brokers, currency pairs, volumes traded, and depending on market fluctuations.

MT4 & MT5 WebTrader

Webtrader is the browser version of MetaTrader and has a more intuitive interface than the downloadable client. Beginners find that it is easier to navigate and make trades and, as you can export your trade history to Excel, you can survey past trades for mistakes or trends and track your improvement. This export and analyse process is perfect for new traders who want to learn as quickly as possible. WebTrader has an incredibly clear layout, making it easy to keep track of your trades.

WebTrader OS Support

As WebTrader is a browser-based version of the software, it requires no extra software or any particular operating system and syncronises with the download app on mobile phones.

WebTrader Commission and fees

Much like the download versions of MT4/5, WebTrader does not charge fees itself. Other fees vary according to the broker, spreads on different currency pairs, and commission fees.

cTrader

Like MT5, cTrader is a multi-asset trading platform, allowing traders to trade Forex as well as other CFDs. It also has excellent charting tools and an intuitive user interface. It was first launched with FxPro.

One of the best features of cTrader is the fully customizable layout. You can pick a chart-only layout or the default, which includes analysis and trading news. Even the charts are customizable, allowing you to display different charts side-by-side, or toggle between them. Much of cTrader appears and functions in a similar manner to MetaTrader 4, so it would be a smooth transition if you’re used to the latter.

If you tend to trade with a certain set of currencies, the platform also allows you to create a “favourites” window, allowing you to always have easy access to your most-traded currency pairs. Here you can immediately see quotes when you launch the application so that you can make trades quickly. Additionally, cTrader comes pre-packaged with over 30 technical indicators and objects, allowing even further customisation.

cTrader is best for intermediate and experienced traders – those accustomed to MetaTrader may find it more comfortable to use and the layout cleaner. cTrader is very popular, and you’ll find many useful reviews and tutorials online, including in the App Store and Google Play if you plan on using your mobile phone to trade.

Supported OS:

cTrader for desktop is available to download for Windows but is also available in your browser (Firefox, Chrome or Opera). Mobile apps are available for both Android and iOS.

Commission and fees:

Commissions depend on the currency values and size of each trade. FxPro has a handy calculator to help you convert currencies and calculate how much commission you’ll pay on specific trades.

Currently, cTrader is supported by:

Broker Min. Deposit Min. Spread
FxPro USD 100 0.6 pips Visit Website
Read Review
OctaFX USD 100 0.0 pips Visit Website
Read Review

Other Platforms

ZuluTrade

ZuluTrade is a popular option that specialises in copy trading and social trading.  With ZuluTrade, traders can copy each others trades and the embedded social network allows for the sharing of ideas and strategies. With over a million users, it is one of the largest copy trading providers around. An added benefit, you can link a pre-existing MT4 account to ZuluTrade. ZuluTrade is also available on iOS and Android devices.

ZuluTrade is supported by these brokers:

Broker Min. Deposit Min. Spread
Swissquote USD 1000 1.7 pips Visit Website
Read Review
AvaTrade USD 100 0.7 pips Visit Website
Read Review
Axitrader USD 5 0.1 pips Visit Website
Read Review

eToro

Yes, eToro (full Etoro review here) is technically a broker – but it is a broker with a very distinct offering. The world leaders in social trading, eToro’s platform is a combination of a traditional solution crossed with a social network – similar in many ways to Facebook and Twitter. Though the actual software itself is simplistic in comparison to MT4/5 and cTrader, if you want to feel like you are part of a community and want to be updated constantly with feedback and ideas from other traders, then this is probably the choice for you.

Conclusion

There are many other niche trading platforms out there, especially for more advanced traders, but this article covers most of the popular choices. Whatever you choose, remember that is is only a tool to connect you with the market and your success or failure will depend entirely on your trading choices. That said, make sure that those choices are educated, cautious and decisive.

Stay updated

This form has double opt in enabled. You will need to confirm your email address before being added to the list.

Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.