In this article, I’ve compiled a list of the 10 cheapest forex brokers in South Africa which provide excellent service at a low price.
- IG World Leader in Online Trading
- FXCM Forex Trading | Currency Trading | FXCM Markets
- Plus500 Online CFD Trading | Trading the Markets
- AvaTrade Regulated broker | Forex & CFD trading
- XM Forex & CFD Trading on Stocks, Indices, Oil, Gold by XM
- Markets.com Online CFD Trading Platform
- IronFX IronFX-Online CFDs & Forex Trading
- FXTM FXTM is a global leader in online financial trading and investing, offering FX, indices, commodities, and more.
| LOGO | Broker Name | Minimum Deposit | Regulation | Trading Platform | Website | Website | South Africa |
|---|---|---|---|---|---|---|---|
 | FXCM | 50 | FCA, ASIC, FSCA, and others | Trading Station, MT4, NinjaTrader, ZuluTrade | https://www.fxcm.com/markets/ | Read More | FXCM |
 | AvaTrade | 250 | ASIC, FSCA, FCA, and others | MT4, MT5, AvaTradeGO, WebTrader | https://www.avatrade.com/ | Read More | AvaTrade |
 | XM | 5 | ASIC, CySEC, IFSC, and others | MT4, MT5, XM WebTrader | https://www.xm.com/ | Read More | XM |
 | Markets.com | 100 | FCA, CySEC, ASIC, and others | Marketsx, MT4 | https://www.markets.com/global-en | Read More | Markets.com |
 | IronFX | 200 | FCA, CySEC, ASIC, and others | MT4, PMAM, WebTrader | https://www.ironfx.com/en/ | Read More | IronFX |
 | FXTM | 10 | FCA, CySEC, FSCA, and others | MT4, MT5, FXTM Trader, FXTM Invest | https://www.forextime.com/ | Read More | FXTM |
 | IG | 0 | FCA, ASIC, FINMA, and others | IG Platform, MT4 | https://www.ig.com/en | Read More | IG |
 | Plus500 | 100 | FCA, CySEC, ASIC, MAS, FSA | Plus500 WebTrader, Plus500 Mobile App | https://www.plus500.com/en/ | Read More | Plus500 |