Best forex broker in South Africa

Hi

I am new to forex trading and live in South Africa. Should I use a South African forex brokerage to trade with or can I use an international brokerage.

In addition, which is the best forex broker in SA?

Hi, you can choose broker around the world. I know, that FBS offer fx services in SA, you can check their website. Regards Greg

You should look for brokers that are regulated by the FSCA, which is the financial regulatory body in South Africa. Check out some of the brokers listed here.

I guess every broker accepts clients from this country, unless you are looking for a broker with regulations only in this country, then probably the list that is above will be appropriate.

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Yea mostly brokers accept clients from SA. You can check out fxview, IC, pepper all are good.

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Thanks alenmiz. What do you think of Brokersuggest? There are many reviews on a number of forex brokers.

Hello, have you found a broker yet? Many brokers accept SA traders. I think you should use Tenkofx, I use it too. Fast and easy to trade. Leverage is 1:500 max. Been around for more than 7 years. Thank me later.

Look for a broker registered with South Africa’s Financial Sector Conduct Authority (FSCA).

You can verify their registration on their website.

@MauMar

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