Best FX Brokers in South Africa

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Best FX Brokers in South Africa

Forex trading is not a thing of this decade or even century; this has been going around for so many years that many traders don’t even know about it. But it does not matter because the popularity that this trading has gained in the past few years is extraordinary. 

Because FX trading was never supposed to be a source of income for common people, as in the last century, only rich people were making money. But now, everyone can do it, and it has changed in such a way that a developing country like South Africa is becoming a hub of FX trading. 

So, it has become more difficult for a trader to find a perfect broker. But worry and read this article thoroughly:

Exness

This broker is not only one of the best brokers in South Africa, but it is also evenly famous and successful in the biggest marketing hubs of FX like the UK and Australia. It has headquarters in Cyprus, Seychelles & United Kingdom. So, if you are a South African FX trader, you can always trust this broker regarding your assets and money.

And the best reason that we can give you for that is that it is a completely regulated broker in the world with so many differect authorzations. Its regulations are:

  • FSCA in South Africa
  • FSA
  • CySEC
  • FCA
  • CBCS
  • FSC (BVI)
  • FSC (Mauritius)  

So, what do you think? Can you trust this broker? 

Axi

Another regulated broker that can be a great option for you as a South African trader because it is completely regulated in South Africa by FSCA (financial security conduct authority). This Australian broker was first launched in 2007, so you can keep it in the list of those brokers who are not so much old and are not so much new. 

Another brilliant feature this broker gives is that it offers amazing services with no minimum deposit. It means that there is no restriction that you have to deposit a specific amount to open an account with this broker.

Globex360

Here we present you a South African regulated broker that can provide you with many services along with a Globex360 demo account. According to experts, those brokers who offer demo account are always real, legit, and safe brokers. 

Because they are opening themselves in front of their clients, a scam or fraud broker will never expose itself because it can be harmful. And its job is to make traders fool and get all of their money. Anyways, overall, Globex360 is a quite complete package that a trader wants.

AXIORY

Axiory is among the top ten FX brokers in Africa and the Middle East. There are many reasons behind that, but according to our research, the best service that Axiory provides its clients is that it offers all of the best trading platforms. Yes, you have guessed it right; we are talking about:

  • cTrader
  • MT4 trading platform
  • MT5 trading platform

Conclusion

Finding a perfect broker is probably the most difficult part of a trader’s career, but if you take some help, then it can be a bit easier. Isn’t it?  Read more about trade FX

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