Currently our best Forex broker in South Africa is: XM. If you are searching for an alternative to ETX you should start there. To see all of the best brokers available for you, see our list: Forex Trading South Africa
Best Alternative in South Africa for ETX
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
General Risk Warning: The financial services reviewed here carry a high level of risk and can result in the loss of all your funds.
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?