The success of a trader is extremely dependent on the choice of broker. Poor trading conditions and poor service can negatively affect a trader’s performance. Every trader should therefore use our independent forex broker comparison to find the right broker.
Every trader has a certain amount of money, that he wants to invest or risk. Some traders require a broker with a low minimum deposit and some traders prefer a broker with a high minimum deposit. Most of the time, the minimum deposit is around 250 USD.
Different trading strategies require different trading features. Some strategies rely on hedging while others need a broker who allows scalping. We have listed the most popular trading features for traders who know what they are looking for.
Trading platforms are like cars, some prefer it fast, others like it comfortable and easy, while others want fancy features. If you know what you are looking for, feel free to use our platform filter to find the right broker. The most popular choices are either webtrader or MetaTrader
A basic but often overlooked feature of the broker is the available payment options. If you can’t deposit, you will never be able to trade. This is why we listed the most popular payment options. It has never been easier to find the most suitable broker with our easy to use broker comparison.
Negative balance protection protects you from negative account balances, which you will have to settle. Most brokers have negative balance protection and some are even required to offer them. But it’s usually the safest best to check the “always” at the filter. With the negative balance protection, you can never lose more than you deposited.
There are many regulations worldwide. Traders should take a look at the broker and choose a regulated broker over an unregulated broker. It is certain that traders with highly regulated brokers have better experiences than with an unregulated one. Popular regulations are for example the ASIC (Australia), FCA (UK) or CySEC (Cyprus/EU).
We know how important it is to find a broker who does not only have good trading conditions but also has a local office or native service workers. In this forex broker comparison for South Africa, you will only find brokers who offer local support and have a fitting regulation.
What do you want to trade?
We have selected the top brokers, depending on what you want to trade the most.