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Top FX Brokers in South Africa

A few years ago, FX trading was just a game of top people from big countries like the UK and the USA. But now, the time has changed, and FX trading is becoming more and more famous every day, even in small countries.

In recent times, a developing country (South Africa) has gained so much popularity in the world of FX and CFD trading. And now, South Africa is becoming one of the biggest FX trading markets globally. That is why the number of brokers is also increasing, and it is becoming more and more difficult for traders to find the best for them.

So, we are here with top brokers in South Africa so that you can find the perfect one for yourself among them:

Plus500

Plus500 is a completely regulated broker all over the world with different brokers including:

  • FCA (financial conduct authority) from the UK.  
  • Cyprus securities and exchange commission (CySEC) in Cyprus.
  • ASIC (Australian Securities and investments commission) from Australia.
  • MAS (monetary authority of Singapore) from Singapore.
  • ISA (interconnection security agreement). It is a document that proves that a particular broker, company, or agency is regulated.Visit The Site: newsmaster360

If you think that it is not for South Africans because it is not regulated by the most reputable security authority of South Africa (FSCA), then you must know that it is regulated and trusted in the biggest markets of FX and CFD trading (the UK and Australia). They are trusting, so you should also not be worried about its regulations.

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Globex360 

This is a new broker in the world of FX and CFD trading and is specially launched for Africans and especially South Africans. So, you can go for it, but it has some cons that many do not like. That is why we suggest you visit site to know more about this regulated South African broker. 

XTB

XTB is among few of those FX and CFD brokers that have won awards for their legit, transparent, and safe brokering. It is more famous in European countries like Spain than Africa, especially South Africa. But we still recommend you to go for it because it has many advantages like 3000+ trading instruments.

Believe us; this amount is more than enough. You will get this many trading instruments across six different asset classes. Moreover, you will get two options when we talk about trading platforms. You can trade in two of the best trading platforms in the world:

  • xStation 5 
  • MT4 platforms

FXTM

FXTM is a Cyprus-based and headquartered FX trading broker that has some special features that is why we have added it to our list of top brokers in South Africa. If you want to enjoy leverage of upto 1000:1 in one of them but trading platforms in the world. Because you have got two options:

  • MT4 trading platform
  • MT5 trading platform

It is not that old broker (launched in 2011) and offers almost every new technology you might need.

Conclusion

If you have found any of these brokers to be helpful for you, then you must let us know.

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