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Use our comparison tables to compare the best South African CFD brokers authorised and regulated by the FCA. Choose or switch to a CFD broker that offers the most markets, best pricing and client security.
CFD trading carries a high level of risk and can result in losses that exceed your deposits. Featured brokers appear first.
ETX Capital are one of the oldest CFD brokers for South African traders. ETX was founded in 1965 as Monecor and remains a member of the London Stock exchange.
They offer tight spreads as low as 0.7 on EuroDollar and 0.9 on other FX pairs.
ETX has won some pretty decent awards including: Money AM Awards 2012 Best Online Charts. Investment Trends Award 2013 Best Value for Money and UK Forex Award 2013 Best Forex Trading Tool & Software.
For new clients they offer free demo account test their Pro, MT4 and Binary trading platforms (more info).
The company has offices worldwide, but is HQ’d in London. The firm was founded by Peter Cruddas in 1989 and is now listed on the LSE.
The firm is one of the few regulated binary options brokers when it introduced the short term limited risk bets in 2015.
CMC Markets Australia have pioneered the industry in terms of discounted pricing and market access focusing on the most liquid markets. You can try the CMC Markets trading platform here.
Plus 500 are one of the largest South African CFD brokers in the world. Plus500 Ltd is listed on the AIM section of the London Stock Exchange. Market Cap as of May 2017 is over £1bn. Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909). Your capital is at risk.
What makes them stand out in a few words? The trading platform is simple and spreads are tight as you would expect you can see a list of spreads and fees here. There is an in-activity if the account isn’t used through.
Spreadex are a nice traditional CFD broker located just outside London and offer South African CFD trading. They tend to cater for more professional traders who value customer service above pricing.
Spreadex have been around since the 1990’s and have won a plethora of awards, most recently the Wealth and Financial International, Alternative Investment Awards 2016 (Best Spread Betting Provider – winner) and City of London Wealth Management Awards 2016 (Best Spread Betting Provider – winner).
They offer new clients £500 to switch accounts to drum up new business and offer traditional spread betting as well. You can even set your margin limits to 100% if you want to trade on a non-leveraged basis and just take advantage of the tax breaks.
If you go to ayondo because of the social trading feature you can earn money by getting other traders to follow you or by choosing a winning trader to follow. Obviously picking a winning trader to follow is just as hard as picking a winning stock! Sign up with ayondo here.
Core Spreads are one of the newest South African CFD brokers based in the UK. Core Spreads objective is to provide the tightest spreads in the industry but offering an execution only platform (i.e. now news, analysis, or trader tools).
The spreads are some of the tightest in the industry and are available as CFDs or spread bets on their own Core Trader platform or MT4.
Core Spreads also offer new clients a 50% bonus in the form of a spread rebate. This means that you get half your trading costs back for the first month back into your account.
For CFD traders looking to reduce trading costs Core Spreads offer a simple, quick and easy to use trading platform find out more.
One of the fastest growing South African CFD brokers is eToro the social trading network, originally called retail FX when it was founded in 2006.
It now has millions of traders ranked in leagues across the world. eToro website claims to have over 4,500,000 registered traders.
Being a social trading network it is possible to earn money by being a leader or by following a profitable trader. Find out more…
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