Which broker is best in South Africa?

AvaTrade – Overall, Best Broker in South Africa. FBS – Low ZAR Minimum Deposit. Tickmill – Quality Educational Materials with no deposit bonus. Exness – High User Trust Score 98/100 with ZAR support. BDSwiss – Good Option for Beginners. IC Markets – Excellent trading platforms and online support.

Is IG a good forex broker in South Africa?

IG give South African traders flexible access to more than 18,000 global markets, with reliable execution speeds, best in class trading platforms, excellent trading tools and transparent trading fees. Currently, IG is home to more retail forex traders in South Africa than any other forex broker.

What is the best online broker for Forex & CFD trading in South Africa?

The best online broker for Forex or CFD trading in South Africa is IC Markets. IC Markets is regulated by Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) and offers Forex, CFDs, Spread Betting, Share dealing, Cryptocurrencies trading.

Is IC Markets Group a good broker in South Africa?

There is no local South African phone number listed on their website for support. IC Markets Group is regulated with ASIC & CySEC. They are also regulated with FSCA. So considered moderate risk for SA traders. The spread is quite low compared to other brokers for FX pairs & major CFDs on Indices & Metals.