Home Sponsored 7 best forex brokers in South Africa for women

7 best forex brokers in South Africa for women

Blackstone Futures

Founded in 2009, BlackStone Futures is an FSCA-regulated broker based in Johannesburg that offers ZAR and USD accounts on MT4 and the proprietary CloudTrade platforms.

Beginner traders are well-catered for, with excellent educational support, emphasising the care of BlackStone Futures for their clients.

Its spreads are tight and leverage low, limiting the chance of account wipeout for beginners. Blackstone Futures is a truly local CFD and forex broker, often rated as one of the best forex brokers in South Africa by clients.

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We offer clients the best trading platform South Africa has to offer.

HotForex

HotForex is a Cypriot forex broker founded in 2010 with headquarters in Larnaca.

HotForex is an award-winning forex and commodities broker offering trade with more than 150 trading products via the MT4 and MT5 platforms and the mobile HotForex Mobile Application, on a choice between several account types.

The brokerage has offices in Dubai, South Africa and offshore St Vincent and the Grenadines and is authorised by the CySEC, DFSA, FCA, FSA and FSCA.

Avatrade

AvaTrade was founded in 2006 and is headquartered in Ireland. It is regulated by the Markets in Financial Instruments Directive (MiFID), the Central Bank of Ireland, the Financial Services Authority (FSA), the Australian Securities and Investment Commission (ASIC), British Virgin Islands (BVI), the Financial Futures Association of Japan (FFAJ), the South African Financial Sector Conduct Authority (FSCA), the Abu Dhabi Global Markets (ADGM) and Financial Regulatory Services Authority (FRSA).

Avatrade has a limited choice of account types, but provides the MetaTrader 4, MetaTrader 5, a proprietary and Web-based platform, to be used with a maximum leverage of 1:400 for trading forex, CFDs, commodities, metals, oil, gold and indices.

Exness

Exness was founded in 2008 and is registered and authorised in Seychelles by the Financial Services Authority (FSA), in Cyprus by the Cyprus Securities and Exchange Commission (CySEC) and Exness (UK) is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom.

The broker offers MT4 and MT5 and a WebTerminal as trading platforms, with more than 130 currency pairs, metals, cryptocurrencies, energies and Indices as trading instruments.

CM Trading

CM Trading is based and regulated in Johannesburg, South Africa and provides state of the art MetaTrader 4 and Sirix WebTrader trading platforms for traders’ safe investment and trading. The properly regulated environment enables traders to trade forex, index and commodities, including cryptocurrencies.

CM Trading offers competitive spreads and is a good choice for new traders due to their educational material and the CopyKat copy-trading system.

The broker offers a maximum leverage of 200:1.

Markets.com

Markets.com was created in 2008 and is part of the TradeTech Group, a constituent of Playtech, an FTSE 250-listed company.

The broker has its head offices in Nicosia, Cyprus and is regulated by CySEC and by the South African FSCA.

The broker offers Marketsx, a mobile platform and MT4 and MT5 platforms that give traders access to Indexes (42), Bonds (4), Blends (23), commodities (26), Currencies (67), ETFs (59) and Cryptos (6) as trading instruments.

You may like: Top Forex Trading Brokers for South Africans.

Tickmill

Tickmill brokerage is a member of the Tickmill Group, regulated by the Seychelles Financial Services Authority (FSA) and the Financial Conduct Authority (FCA) in the UK.

Tickmill offers three different live accounts and a demo account. Trading conditions improve with every account type, as well as with the initial deposit required. Tickmill provides its own proprietary WebTrader and MetaTrader 4 and traders have access to forex currency pairs, stock indices and oil, precious metals, and bonds.

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