Best Forex Broker Africa

Speaking about forex trading on the African continent, it first and foremost means South Africa, the jurisdiction with long-term and strong connections to the London trading establishment and commitment to the European compliance standards. In South Africa retail trading forex is as popular as in the other parts of the world, and at the same time it deserves a special notice for its thorough anti-fraud protection system.

At the same time, forex trading practices in South Africa are quite young yet, which obviously means that forex trading business in the region is still in its growth phase. Generally, the financial sector in South Africa appears to be extremely prospective for forex trading due to very liberal legal and economical regulations.

Many globally recognized forex brokers have their representative offices in South Africa. A general recommendation to local forex traders is that they choose Western broker firms, licensed and regulated by FSA, instead of companies of an offshore origin. Big names speak for themselves, but some in-depth research of the background of the selected company would be just right.

The criteria to choose a proper forex broker in Africa might include such options as availability of micro/mini accounts for newbies, social trading component, and what are the trading platforms offered. It might be as well useful to check whether the broker charges commissions on the trades and whether there are attractive bonuses and promotions for the new traders.

Define the best forex broker in Africa and vote for the leader here!

Best Forex Broker Africa 2023 Nominees

Forex Broker Ratings Results Rating dynamics
1 Deriv Review and Awards Overall rating
Commissions rating
Education rating
Service rating

Deriv voting dynamics Rate
2 ETX Capital Review and Awards Overall rating
Commissions rating
Education rating
Service rating

ETX Capital voting dynamics Rate

Best Forex Broker Africa — Previous Years Winners

  Best Forex Broker Africa Winner 2020   Best Forex Broker Africa Winner 2019

Best Forex Broker Africa – Most Indicated Strengths

Indicated strengths reflect the users' preferences

Top Forex Nominations 2023

Nomination Nominees
1 Best Forex Broker NordFXHFMIS6FXWeTradeOtet Markets
2 Best Execution Broker ActivTradesXeroMarketsIS6FXVIG InvestmentITB
3 Best Forex Expo Forex Expo 2022Forex Expo Cyprus 2022Forex Expo Egypt 2022TradersExpo 2022MoneyShow 2022iFX Expo Dubai 2022
4 Best Cryptocurrency and Forex Broker NordFXXeroMarketsGIBXChangeVIG InvestmentITB
5 Best Cryptocurrency Exchange PointPayGIBXChangeHuobi GlobalCoinbaseBinanceKrakenBitMEX
6 Best CFD Broker Asia NordFXOctaXeroMarketsIS6FX
7 Best Micro Forex Broker HFMOctaXTrend SpeedAdroFX
8 Best Trading Platform SSIMDCFXQuadcode MarketsGVD MarketsOtet Markets
9 Best Crypto Trading Mobile App NordFXPointPay
10 Best ECN / STP Broker OctaVIG InvestmentAdroFXWeTradeOtet Markets
11 Best Cryptocurrency Broker NordFXHFMOctaXeroMarkets
12 Best Forex Broker Europe ActivTradesXTrend SpeedVT Markets
13 Best Cryptocurrency Trading Platform GIBXChangePointPay
14 Best Forex Broker Asia NordFXXeroMarketsDCFXWeTrade
15 Best Forex Mobile Application OctaQuadcode Markets
16 Best Forex Broker Middle East NordFXXeroMarketsIS6FXITBVT Markets
17 Best Trading Application Otet MarketsGVD MarketsDCFXSSIMGIBXChange
18 Most Transparent Broker NPBFXXTrend SpeedVIG InvestmentQuadcode MarketsITB
19 Best Trade Executions OctaNPBFXCedarFXGIBXChangeGVD Markets
20 Best Dealing Room Kohle Capital MarketsCedarFX

All Forex Nominations