Broker comparison
Compare Forex Brokers
Compare selected forex brokers by trading costs, account requirements, regulation and platform availability before choosing where to trade.
Broker ratings
Choose the right broker for your market access and trading goals
Compare order execution, trading fees, deposit methods and educational support when selecting the best partner for your needs.
Broker comparison
A quick comparison of broker features to help you get started. Verify details on broker websites before opening accounts.
| Broker | Featured account | Spreads from | Commission | Maximum leverage | Minimum deposit | South Africa regulation | Action |
|---|---|---|---|---|---|---|---|
FP Markets
|
ECN/Raw | Starting from 0.0 pips | Zero | Up to 1:500, subject to account terms | $100 AUD or equivalent | FSCA, FSP Number: 50926 | Visit FP Markets |
HFM
HF Markets
|
Pro | From 0.6 pip — Pro account | Zero | Up to 1:2000, subject to adjustment and account terms | $100 | FSCA, FSP Number: 46632 | Visit HFM |
XM
|
Ultra Low | From 0.8 — Ultra Low account | Zero | Up to 1:1000, subject to account and entity terms | $5 | FSCA, FSP Number: 49976 | Visit XM |
BlackBull Markets
|
ECN Standard | From 0.8 pips - Standard account | Zero | Up to 1:500, subject to entity and account terms | $0 | Not FSCA-regulated; FMA NZ / FSA Seychelles entities | Visit BlackBull Markets |
Affiliate disclosure: EconomicLab may receive compensation when you visit or open an account with some brokers through links on this page. This does not affect our comparison or editorial judgment. Trading leveraged products involves significant risk and may not be suitable for all investors.
Risk warning: Forex and CFD trading involves significant risk of loss and may not be suitable for all investors. Trading conditions, spreads, commissions, leverage and minimum deposits can change. Verify the latest terms directly with the broker before opening an account.