Forex brokers that take clients from South Africa

Which forex brokers take clients from South Africa?

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brokers we read say in their own words that they take clients from South Africa. 12 more are a yes by our reading, tagged, with the reason on each row.

Read 10 November 2026 · each broker's own pages · Link to this fact

By Sydney Stones (data and method lead) Last updated 10 November 2026 Data read by our script

How we got this

How: Each broker's own pages, read by our script (latest read 10 November 2026). Who takes clients from South Africa: its own words first, then a licence we hold, then our judgement, tagged. How we check How we make money Corrections

Risk warning Leveraged trading carries a high risk of losing money. Data, not advice.

What the rules in South Africa say. Foreign brokers: the regulator warns against them.

FSCA warns the public against persons or entities that may be unlawfully conducting unauthorised financial services business _02 June 2025 · fsca.co.za, 11 November 2026

2say yes in their own wordsstrongest evidence 12yes by our reading judgedthe reason is on each row 2name a local way to pay or a local currencyRand (ZAR) 0say they don't take clients from South Africatheir own words

Brokers that take clients from South Africa

Strongest evidence first: its own words, then a licence we hold, then our judgement. Then by how many local ways to pay it names. This is not a ranking.

Forex brokers that take clients from South Africa: the evidence, local ways to pay, minimum deposit, maximum leverage and swap-free account
Broker	Why yes	Local to South Africa	Minimum deposit	Max leverage	Swap-free
IG	Yes IG names a company for South Africa: IG Markets South Africa Ltd.	none named	No minimum to open; Card deposits min $50; no minimum for bank transfers (IG International)	1:200 on major forex, major indices and spot gold for retail (IG International, Bermuda)
XTB	Yes South Africa is on XTB's own list of countries it serves.	none named	No minimum deposit (XTB International)	1:500 (XTB International Limited, Belize, FSC); 1:30 on the UK site (XTB Limited, FCA)	Yes, for specific periods and not all products; opened as an additional account
Tickmill	Yes judged Tickmill's own page names a licence in South Africa: Tickmill South Africa (Pty) Ltd.	Rand (ZAR)Local regulator	$100 (Classic and Raw); $1,000 for futures accounts	1:1000 (Dynamic Leverage on MT5, Tickmill Trader, TradingView; selected FX symbols), 1:500 by default and on MT4	yes, on all account types, for eligible clients
Axi	Yes judged South Africa isn't on Axi's list of places it doesn't serve.	Rand (ZAR)	$100 recommended (Standard, Premium); $25,000 recommended (Elite)	1000:1 (AxiTrader LLC, SVG) on all account types	yes (Islamic account); fixed overnight holding fee instead of swaps
Exness	Yes judged South Africa isn't on its list of countries it doesn't serve.	Local regulator			Yes, on most popular assets (terms apply)
FXTM	Yes judged South Africa isn't on its list of countries it doesn't serve.	Local regulator	30 USD/EUR (Micro account)	Up to 1:5000, floating (Rewards Plus and Rewards accounts, Exinity Limited)	Yes, chosen when you create your profile (applies to all accounts on it); not on Micro or Advantage Stocks
Ultima Markets	Yes judged South Africa isn't on its list of countries it doesn't serve.	Local regulator		1:2000 (international companies; not the UK company)
Admirals	Yes judged South Africa isn't on its list of countries it doesn't serve.	none named	100 EUR / 100 USD (Trade and Zero accounts); 1 EUR / 1 USD (Invest.MT5)	1:30 on forex for retail clients (Admirals Europe Ltd, CySEC); the site we were served shows the EU company only	Yes, on Trade.MT5 (Islamic account); flat administration fee after 3 days (1 day for crypto, exotics, metals and energies)
CMC Markets	Yes judged South Africa isn't on CMC Markets' list of places it doesn't serve.	none named	No minimum deposit	200:1 (CMC Markets Bermuda, BMA), CFD trading and FX Active accounts
FBS	Yes judged South Africa isn't on its list of countries it doesn't serve.	none named	$5	1:3000 (FBS Markets Inc., Belize)
FXPesa	Yes judged South Africa isn't on its list of countries it doesn't serve.	none named	No minimum (Standard); from $100 (Premier)	1:400 (EGM Securities Limited, Kenya)
IC Markets	Yes judged South Africa isn't on IC Markets' list of places it doesn't serve.	none named	$0 (Raw Spread, cTrader and Standard); Raw Pro $5,000; Raw Pro+ $100,000	1:5000 on FX (Raw Trading Ltd, Seychelles FSA); dynamic, lower above 25 lots	yes, on Raw Spread and Standard (MT4, MT5, cTrader); flat overnight holding fee applies
RoboForex	Yes judged South Africa isn't on its list of countries it doesn't serve.	none named	10 USD / 10 EUR (Prime, Pro, ProCent, ECN); 100 USD (R StocksTrader)	1:2000 (Pro and ProCent, RoboForex Ltd, FSC Belize); cut to 1:1000 when equity exceeds 10,000 USD	Yes, swap-free offered on all account types listed
TMGM	Yes judged South Africa isn't on its list of countries it doesn't serve.	none named	From $100 (EDGE and CLASSIC; the same page's FAQ says no minimum deposit is required); $15 for the Cent account	1:1000 (EDGE and CLASSIC; global companies, not the ASIC one)	Yes (EDGE and CLASSIC): no swaps, but a financing fee on some instruments (e.g. $2.00 on EURUSD; unit not stated) after a 5-day grace period

"Local regulator" means the broker names a regulator in South Africa among its licences. A local way to pay is one the broker names on its own funding pages. Check the broker's page before you deposit: lists change.