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Forex Trading South Africa

Seeking information about online Forex trading in SA? We have 900+ online trading companies for South Africans. Start now with the best Forex broker for South Africa: XM (Get $50 Free)

Top 5 Forex Offers for RSA

Full List of South Africa Forex Brokers

How Forex Trading Works

Forex trading offers South Africans the opportunity to invest in the world's largest liquid market. It is easy to invest in Forex in South Africa if you have the ability to own your emotional and financial stress levels. You must have knowledge about currency pairs to begin Forex trading. A pair is a combination of two currencies for example the Euro and US Dollar. It is vital in SA to understand the relationship between each pair to understand how the spread, and difference between the two.

For both beginner and expert Forex traders in South Africa, the trading software is extremely important. The core purpose of this software is to analyze all the pre-set parameters of your trading and stock exchange options for you. The purpose of this evaluation is to help South Africans make enlightened financial decisions based on all the currencies that have the potential to win you back profits. Most importantly, the Forex trading software can work with or without the presence of the SA trader. This means that for the busy professionals and students, there is still hope to earn a modest profit while attending both school and work at the same time.

Try to Earn with Forex in South Africa: Begin Trading Here

#1 Rated Best South Africa Broker

Trade with up to 1:1000 Leverage on the MT5 Platform
Fully Regulated with the FCA in the UK
Trade with Ultra-Thin Spreads - As Low as Zero Pips
Trade and Earn XM Points that can be Redeemed for Credit Bonus Rewards

Open Real Account

Try a Free Demo

XM: Open Review

Get $50 Free - XM!

The current XM bonuses available differ depending on the country you reside in. To view the specific promotion available to you, click here

#2 Rated Best South Africa Broker

Advanced features to enhance your trading experience and boost performance
Responsive support team to address your trading queries and concerns
Build a balanced portfolio with a wealth of investment options
Trade Forex, indices, shares, metals & commodities effectively

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20%-50% bonus - Ultima Markets

Ultima Markets: Open Review

20%-50% bonus - Ultima Markets!

#3 Rated Best South Africa Broker

Trade 40 major and minor forex pairs with ultra-low spreads
AI-powered trading tools including an economic calendar and auto-trading tool Capitalise.ai
Choose to trade with TradingView, MetaTrade 4 or 5
Weekly events and webinars allow you to connect with Eightcap's trading professionals

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Try a Free Demo

Eightcap: Open Review

Lowest Spreads - Eightcap!

How to Start Forex Trading in South Africa

Choose a Platform

Create an Account

Start Trading!

Forex in South Africa is Legal, Right?

Yes! It is absolutely not illegal for any South African to trade Forex. Every South Africa Forex broker listed in our top 5 is regulated by an authority such as the Financial Services Board and is respectful of the law. We will never send you to any Forex broker that is illegal in South Africa.

Get the full details here: Is Forex trading legal in South Africa?

Is Forex Trading Legal in South Africa? Find Out Here South Africa

What is Forex Trading?

The term forex is the shortened form of foreign exchange. The other terms used for it are currency trading and FX. It is a decentralized worldwide market for trading in world's currencies.

Start Trading: Top Rated Forex Brokers

Why Do People Trade in Foreign Currencies?

Most of this trade is for trading, commerce, tourism and currency hedging purposes but a large number of people now trade in this market to earn profits. The profit is made when a Forex trader's bet of one currency value appreciating against the other comes true.

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Reviews for All Broker Forex South Africa

OnlineTradingSouthAfrica.co.za is a highly regarded Forex review portal website. Launched in 2013, our team has grown a reputation for writing unbiased, detailed reports on online trading platforms for South Africans. We are very detailed in our tests of South Africa Forex trading company offerings.

Note: If you are not in South Africa change to the right version of our site.