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OFM South Africa

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OFM is listed #528 of 981 for Forex Broker in South Africa
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OFM Screenshot
While OFM might offer online trading in South Africa, we do not recommend trading there. It is not one of the best rated South Africa Forex broker, with a rating of 4/10. We do not suggest trading at any site rated lower than 7.5, because there are much better forex trading alternatives available for South Africans.

Currently our best Forex broker in South Africa is: XM. If you are searching for an alternative to OFM you should start there. To see all of the best brokers available for you, see our list: Forex Trading South Africa. If you'd like to visit OFM anyway, www.option.fm is their website.

Best Alternative in South Africa for OFM

  • Trade with up to 1:500 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
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

  • Excellent Cash-back Program: Get up to $5 per Lot (T&C apply)
  • Trade with MT4 or MT5 via WebTrader, Mobile (Android/Apple) or Desktop
  • CopyTrader Service and Free Trading Signals for All Users
  • Deposit by Credit Card, Skrill, Neteller, OK Pay, WebMoney, and more..
General Risk Warning: The financial services reviewed here carry a high level of risk and can result in the loss of all your funds.

#3 Rated Best South Africa Broker

  • Fully regulated and in Australia (ASIC), CySEC (Cyprus), FSC (Mauritius)
  • Initiates fast, convenient, and efficient trading through MT4 and MT5 platforms
  • Offers unmatched, award-winning customer support
  • 3D Secure ensures maximum security measures for its customers
Trading forex, derivatives and leveraged products carries a high level of risk, including the risk of losing substantially more than your initial investment. You should ensure that you fully understand the risks involved and seek independent advice if necessary before you start trading.

Forex in South Africa is Legal, Right?

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