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Binary Options in South Africa 2020
South Africa (Republic of South Africa – RSA), is the southernmost country in Africa. South Africa has a mixed economy, the 2nd largest in Africa after Nigeria. Unlike most of the world’s poor countries, South Africa does not have a thriving informal economy. Only 15% of South African jobs are in the informal sector, compared with around half in Brazil and India and nearly three-quarters in Indonesia … (Wikipedia)
Binary Options Brokers South Africa
(Recommended Binary brokers for “South Africa” citizens)
IQ Option – Free Demo Account, Min. Deposit – $10, Payouts up to 91% in case of successful trade.
Binomo – Free Demo, 24/7 Trading, Min. Deposit – $10, Payouts up to 85%
Binarium – Welcome bonus on your first deposit up to USD 500. Min. Deposit – $10, Payouts up to 85%
Binary Options trading in South Africa
Binary options trading and Forex is popular in South Africa at this moment. Many traders from RSA are still not sure if Binary Options is legal in South Africa or not. Binary options trading in South Africa are legal. South African companies are not allowed to become binary broker. However foreign companies are not forbidden to accept traders from RSA
Traders, if you’re from South Africa, please leave comment below. Let’s talk about “Binary Options trading” in Republic of South Africa
Online Trading Broker Comparison for South Africa
Select a Broker helps you find, review, compare and select an online trading and investment broker in South Africa. Begin trading, buying and selling stocks, shares, bonds, futures, commodities, currencies, forex, options, mutual funds, gold, oil, silver, ETF’s and CFD’s online, from your desktop or mobile.
Side-by-side online brokerage comparison enables you to easily chose the best deep discount, discount and prime broker in South Africa for all your online trading and online investment needs.
Alpha Capital Markets
Founded in 2004, Alpha Capital Markets is authorized and regulated by the Financial Authority Conduct within the UK and we also operates from its rep office in Dubai. Trade currencies, CFDs & precious metals on MT4.
Professional traders, proprietary trading groups, hedge funds, and algorithmic black box firms turn to Lightspeed for unmatched value in brokerage services, execution services, and technology solutions.
Hirose Financial UK Ltd
Hirose Group is part of a global FX provider established in 2004 в—Џ Very competitive spread (EURUSD from 0.8 pips) в—Џ Non dealing desk and pure STP broker в—Џ 15 liquidity providers в—Џ Safety funds. Covers by FSCS / UK FCA regulated
Alpha Trading CM
A full service brokerage. Liquidity, tight spreads, instant execution and top customer service and support. A boutique brokerage that will customize itself to fit your needs.
The Best Binary Options Broker 2020!
Perfect For Beginners and Middle-Leveled Traders!
Free Demo Account!
Free Trading Education!
Get Your Sign-Up Bonus Now!
Good Broker For Experienced Traders!
Trade Forex Online with TITANFX TITANFX is a technology driven online ECN forex and commodities broker providing traders with next generation trading conditions.
CherryTrade is a binary options broker established in 2020 that is going to change the face of the industry with its latest technology, reliability, service, trust, and industry leading payouts.
BDSwiss is one of EuropeвЂ™s leading financial institutions specializing in Forex/CFD and Binary Options trading. Our mission is simple – To provide a safe and secure platform with excellent trading conditions.
JustForex is a brand of IPCTrade Inc, the activity of which is providing online trading services on the Forex market and an opportunity for traders with different trading experience to earn income by trading financial instruments.
Valbury Capital Ltd
Our approach to client service is centred on building trusted, long-term relationships and identifying ways to help our clients achieve their most important trading objectives.
Forex4you focuses on offering high technology, being professional and constant development. Has one of the best PAMM platform. Uses the latest Technologies and believes in clients’ development for long term relationships.
XGLOBAL Markets is a leading global Forex broker regulated by CySEC while delivering highly efficient trading with ultra competitive conditions. With our improved MT4 platform, you can rest-assured of stable trading experience.
HY Options is authorized and regulated by CySEC. Clients can trade over 220 assets, including stocks, indices, commodities and currencies. Minimum deposit is $50 and withdrawals are processed within 1 business day.
Plustocks, founded in 2020, is a binary options broker based in Schaffhausen, Switzerland. Plustocks.com offers dynamic platform and choice of over 100 different assets; it is poised to become a leader in the industry.
Alfa Financial L.L.C
Alfa Financial suite of product offerings includes futures, forex, and CFD’s, and a mixture of these asset classes, along with competitive brokerage services.
Valutrades Limited is a UK domiciled and Financial Conduct Authority (FCA) regulated business that was established in 2020. We are an STP (Straight Through Process) broker with no dealing desk.
Blackwell Global Investments
Blackwell Global provides online trading platforms and advanced tools allowing clients to trade in the most competitive trading environment. Blackwell Global has main offices in Auckland, Limassol, London, Shanghai, and Singapore.
Hantec Markets Ltd
Hantec Markets is a UK based FCA regulated Forex, CFD and bullion broker offering 100 uninterrupted No-Dealing-Desk execution and competitive spreads on MT4 and Currenex to retail and institutional traders worldwide.
HQBroker is a global forex broker. With a simple account registration with HQBroker, you get access to our FREE educational programs, amazing trading bonuses and superb trading conditions we make available to our clients.
TradeRush was established in 2020 and pioneered the 60 Seconds binary option that many brokerages now offer. The platform is extremely user friendly. Trade with confidence, Trade with TradeRush
We are a Binary option Broker very strong in the Arabic world We handle all English speaking countries ( except USA) and all Arabic speaking countries.
Forest Park FX
Forest Park FX specializes in creating custom FX trading solutions. They work with leading FX brokers FXCM, Forex.com, and Oanda, and offer a wide variety of value-adding services including cashback rebates.
Greenvault FX is a leading global Forex broker, headquartered in New Zealand offering over 70 trading instruments. The company was founded in the year 2008, acquired by GV Global Limited in 2020 and is registered with FSP, NZ.
We are an ASIC regulated Prime Broker. We have received many awards, including вЂњMost Transparent Forex BrokerвЂќ and вЂњBest Liquidity Provider.вЂќ Our Gold spreads are some of the tightest in the industry.
We Understand What Traders Want We are a pure STP Broker not Market Makers . We do not charge any commissions as we make our profit from the volumes generated by traders so we want you to have the best deals and simply trade.
At CM Trading we believe that itвЂ™s wiser to trade smart than it is to trade fast. ThatвЂ™s why we provide you with an array of tools, news and analysis so you can become familiar with the markets.
AMarkets (est. 2007) provides perfect trading conditions: fast execution speed, high success ratings in the industry, quality support, high reliability and regulation by the Financial Commission with insurance of $20,000/claim.
Evolution Brokers is a leading brokerage in online financial trading and one of the largest brands in the global online trading industry, continuing to develop dynamically.
вЂў A Yahoo Japan subsidiary вЂў Licenced by the Financial Conduct Authority (no. 595713) вЂў Competitive spread starts from 1.5 pips вЂ“ e.g. EUR/USD and USD/JPY вЂў MT4 and WebTrader platforms вЂў 24/5 Client Service Desk
Reliability and transparency.One of the best companies of trading online. Up to 150 welcome bonus.Payout up to 90. Minimum deposit of $250.Great education center for traders. Webinars, videos and free signals.Fast withdrawals.
TradeThunder deals with U.S. and worldwide traders. TradeThunder accepts $20 deposits. With up to 100 in a bonuses that do not tie you down and one-click trading, possibilities to succeed are endless.
The hardest part is over. You’ve found the most simple and intuitive investment platform. Now you can take advantage of the all the opportunities the financial markets provide.
EZInvest is a leading online FOREX trading platform Utilizing innovative technology as well as our augmented reach in the market, EZINVEST is an industry leading choice for online trading in Forex currency commodities and indices
ZoneOptions offers a secure and easy-to-use binary options trading platform. Iinvestors of every level can trade a wide and diverse range of stocks, currencies, commodities and indices. Multi-lingual support 24/7.
Grand Capital Ltd
Grand Capital has been providing financial, educational and brokerage services since 2006. They offers clients all type of products in one platform:self-trading,ECN,PAMM and LAMM, Binary Options and professional analytics.
lbinary is one of the most respectable brokers out there. Established in the beginning of 2020, lbinary has quicly become the best platform and broker site of the year with top services and excellent brokers.
AllDayOption Broker is the next generation of Binary options operators. Simple Trading Win Up To 88. AllDayOption is a Leader in Binary Options. Trade 60,90,120,300 Second Options. Types: Currencies, Commodities, Stocks, Indices
Trade12 aims to facilitate a fair and secure world-class trading environment for retail and institutional clients. This will ensure that traders will have peace of mind and attain stability in a high-risk setting.
Capital Index is a brand on the MT4 Platform, and has a great selection of Forex instruments to choose from. Capital Index is also a No Dealing Desk software, plus has a attractive up to 50 and $10,000.
C 7 Traders
Regulated under Vanuatu, license no. 014590, C 7 Traders uses an award winning Social Trading platform for simpler and smarter trades. Full STP execution with competitive spreads from 0.7 pips. Execution <1 sec with no re-quotes.
Armada Markets is offering extremely low market spreads, no requotes, full STP and DMA.We are highly rated among scalpers and traders using EAs and algorithmic trading models. We use the latest network and technology solutions
Offers binary option trading for over 90 different trading instruments including, fx, stocks, commodities and indices. Can be accessed from any web or mobile device. We make Binary Options user friendly and available to everyone.
Founded in 2005 in Montenegro, reliable broker with it’s own and MT4 platform. Small spreads of 1pip, no commissions or exchange fees, great competitions, $5 reward for verified account, $10,000 virtual. Try now, it’s FREE
Tickmill is an global ECN broker, and regulated by the FCA of UK and the FSA of Seychelles. Tickmill offers its clients various trading services with a prime focus on Forex, Indices, Commodities, CFDs and Precious Metals.
SogoTrade is a deep discount online stock and options broker with a variety of platforms, research tools, and a new innovative way to purchase equity trades for as low as $3 each.
Oriental Pacific Futures Sdn Bhd (OPF)
Established in 2007, OPF is a regulated Derivatives Broker offering a range of commodity, financial and currency futures traded on Bursa Malaysia, Chicago Mercantile Exchange, Hong Kong Exchange and Singapore Exchange.
Founded in 2020 in London NewForex has offices in Hong Kong, Dubai and Moscow and provides high level services to clients in 149 countries. Company was awarded in nomination for В«The Best Execution Broker in 2020В» by ShowFx World.
FXOpen UK is True ECN broker offering tightest spreads, deep liquidity, first-class execution and market depth data on MT4. We are FCA-authorised and are based in the City of London.
EXNESS clients’ monthly trading volume was more than 180 billion USD and the number of trading accounts opened each month by traders around the world exceeds 15,000.Instant deposit and withdrawal.
tegasFX is a fully regulated ECN/STP broker which offers low-latency FX execution based in Equinix LD4 Datacenter over MT4 and FIX API 4.4. Get access to aggregated multi-bank liquidity!
Founded in 2020 by a trio of banking professionals; Headquartered in Limassol, Cyprus and regulated under the stricter rules of CySEC with compliance across the entire European Union;
Forex-Metal offers online Forex and CFD trading for beginners and advanced traders. The company is famous for its competitive forex trading conditions and outstanding customer service.
Circle Markets provides foreign exchange traders with a high quality trading environment. Circle Markets was built by traders, for traders. We have first-hand experience of what is important to Forex traders.
45000+ instruments, 50+ exchanges, fees up to 0.02$ per share, no hidden fees. EXANTE is a next generation investment company that aims to give its clients access to a broad range of financial instruments and markets.
MTrading is a Forex and CFD’s broker offering very competitive trading conditions. All our accounts have market execution. Opening an account is quick and easy and made hassle free for all our clients.
ACFX is an online Forex and CFD Broker вЂ“ authorized and regulated by Cyprus Securities and Exchange Commission, CySEC (license no. 085/07) and registered with the Financial Conduct Authority FCA in the UK number 480859.
5Stars Forex Ltd
5StarsForex is a leading provider of online trading services. Established in 2020, 5StarsForex is providing traders a world-class trading experience worldwide.
10000+ instruments, FX, CFDs, Stocks, ETFs, investment services, StrategyQuant – a trading robots builder. We give our clients access to a broad range of financial instruments and markets. Regulated by the CySEC.
uBinary gives binary option traders control of financial asset investments, providing the most popular assets in todayвЂ™s markets, a varied range of expirations and flexible investment amounts.
BIG.FAIR.HUMAN. Moreover, with 99.35 of trades executed in less than one second. XM is licensed and highly regulated.XM provides a fair and trustworthy trading experience by pioneering a strict no re-quotes, no rejections policy.
GOptions is a binary options brokerage catering to both newcomers to the world of binary trading as well as veteran traders of all types. The company boasts same day withdrawals and amazing VIP programs for the eligible.
ThinkForex is a global provider of foreign exchange trading and related financial services headquartered in Melbourne, ThinkForex is regulated by the Australian Securities and Investments Commission (ASIC) with AFSL #424700.
L-Binary is a binary options trading broker which provides investors with access to trade binary options, L-BinaryвЂ™s platform is 100 web-based and requires no software to download,
MW is a leading Forex and CFD provider. Since 2006 we have been at the forefront of trading innovation. We offer MetaTrader 5 and MetaTrader 4 including mobile trading.
ForexMart is highly committed to offering the top-of-theline trading software, giving exceptional trading experience, protecting your account against any fraudulent activity, and equipping you with significant trading knowledge.
Windsor is the largest broker based on capital, and the fourth largest financial company in Cyprus Windsor’s capital adequacy ratio stands at 59, which is 7 times more than what is required by the regulators which is set at 8
вЂњSaudiQuoteвЂќ complies with all laws and Islamic principles in force in all its clients investments, through supervision by accredited Sharia bodies. We offer various platforms and accounts to access the worldwide markets
TraderNovo is a global Forex broker with branches at Poland, Germany and UK. TraderNovo offers account types for new and pro traders. Features tight spreads, fast execution, fast withdrawal time, and personal account managers.
City Of Investment Ltd
City Of Investment is best known for our globally recognized online managed Forex accounts. We provide over 5,000 Forex Managed Account investors from around the world with investment options and ways to earn money online.
KVB Kunlun is an international financial services corporation with operations .We offer dealing service for including Forex, Indices, Gold/Silver, and unique product including FX trading in CNY, and CHINA 300 stock index
A leading Binary option Broker offering Binary options, Ladders, Pairs, Sixty seconds,and Forex trading. we offer quick withdrawal methods.we offer live TV news on the market and Education on how to trade Binary options .
Tradeview was established in 2004 with a vision: To provide unmatched online trading solutions to a broad range of traders and investors around the world. Tradeview offers latest trading technology and personal support.
FP Markets is an established global CFD and Forex provider with over 12 years industry experience. They offer the ability to trade forex, indices, commodities and futures at competitive rates with award winning execution.
Advanced Global Markets Ltd.
AG-Markets is a global FX, Metals and CFD broker regulated by the FSPR. Our mission is to deliver bespoke professional trading services to all clients, both retail and institutional through the popular MetaTrader 4 platform.
Trade in UK for just ВЈ7 p/trade, US for $7.50. The word’s first social stockbroker. Trade equity, follow & copy the activity of others. FCA authorised, frequent trading rates available. Start trading in minutes. Quick withdrawals
WorldWideMarkets (WWM) is a financial services technology firm which provides online trading and risk management solutions for Spot Forex, Gold, Oil, interest rate securities, equity indices and other CFD instruments.
FXCC is one of the worldвЂ™s leading online Forex. More than 150,000 customers from over 150 countries execute over 1.5 million trades per month with FXCC, with total trading volumes exceeding $50bn a month.
Direct FX is an ASIC regulated FX, CFD, Futures and Binary Options provider. We provide tight spreads, the newest technologies, top tier liquidity, and offer first class 24/7-customer support every step of the way.
As a global, fully licenced STP broker FxNet has created a secure trading network consisting of high end trading technology and prestigious partnerships all of which enable FX net be a secure, transparent and reliable broker.
Pepperstone is an NDD Forex Trading Broker, offering unmatched top tier liquidity, institutional grade spreads and the security of tight ASIC financial regulation.
ZoomTrader is a premier option trading platform that provides investors and traders the ability to trade stocks, currency pairs, commodities and indices on the exotic options market.
Trade Forex, Commodities, Options with Alfa Financials South African broker regulated by FSB.Our tight spreads and low trading fees help keep the costs of trading down and help you maximise your gains.
USG is a leading brokerage services provider. We provide an international, premium service to retail and commercial clients with No-Dealing-Desk execution and competitive spreads on MT4. USG is regulated by the ASIC (No. 302792)
Saxo Capital Markets
ince receiving European bank status in June 2001, Saxo Bank A/S has rapidly become a leading presence in online trading. They offer superior client service, competitive pricing and industry-leading trading platforms.
SuperForex is an international brokerage house licensed by the IFSC. We provide top quality financial and investment services to individual and corporate clients on more than 100 markets across Europe, Asia and the Middle East.
Infinox Capital , the global FOREX broker is authorised and regulated by the Financial Conduct Authority INFINOX offers 49+ FX pairs, Gold, Silver, Oil and Global Indices with straight through processing (STP) and ECN execution.
CFI Markets Ltd. is a leading financial institution offering superior online FX & CFDs trading for private and institutional clients worldwide. The Company is based in Cyprus and has registration number HE 303814
Atiora is a ECN/STP Forex broker company specializing in providing reliable and competitive services on the Foreign Exchange Market to clients worldwide.
IronFX Global is the Global Leader in Online Trading, specializing in Forex, CFDs on US and UK stocks, commodities, and spot metals. The company offers renowned trading execution, best-of-market product range.
Established in 2020, 24bulls is one of the best platforms to trade. It offers a payout up to 85.24bulls provides a good education center,very helpful for traders without experience.The withdrawal is fast and without bureaucracy.
Gallant Capital Markets, Ltd.
Gallant is a global leader in online trading, specializing in Forex trading for both private and institutional clientele. Gallant operates under an STP Agency Model, offers tight spreads, and a unique Managed trading portal.
ForexTime Ltd (FXTM) is an award winning international forex broker regulated by CySEC. By offering advanced and innovative services and perpetual devotion to our clients, we ensure that clients’ individual needs are always met.
Traders Trust Capital Markets Ltd.
Traders Trust was founded on a solid base of financial market professionals with an innovative vision to provide today’s retail forex traders the best brokerage available.
Brightwin Securities and Finance Limited
The trades will be executed automatically, even when you are at work or asleep.You can manage the Equity trade allocation and Master Traders at your finger tips even when you are on the move through our Multiple Trading Platforms.
AFX Group offers trading and investment services in multiple languages throughout the world. STO gives you access to: в—Џ MetaTrader 4, the industryвЂ™s leading trading platform в—Џ AFX Fast, our institutional level platform.
AccentForex by Butenix Capital Ltd.
Trade with AccentForex and gain the benefits of Flexible leverage from 1:1 to 1:500; No hedging margin; Instant Execution. No slippage, minimum delay; No Dealing Desk means; Over 140 financial instruments available;
Vinson Financials LTD
Vinson Financials Ltd has been duly registered and Fully licensed and regulated under the laws of Cyprus with registration number HE307815, and is authorized as a Cyprus Investment Firm (CIF) under license number CIF184/12.
FCA & CySEC regulated CFD broker providing trading in 6 asset classes: FX, shares, spot indices, futures, spot metals and spot energies. Clients access top-tier liquidity & advanced execution with no-dealing-desk intervention.
Forex Financial Services (Forex FS)
Australian based & owned company established in 2008 -MetaTrader4 & JForex Platforms -STP -Client trading funds in segregated account -Hedging, scalping and EAs -Leverage 300:1 -PAMM Solution & competitive rebates -ASIC regulated
Short-Trade is a discount online stock and options broker with a variety of platforms, research tools, and a new innovative way to purchase equity at Short-Trade we pot an emphasis on stocks and options and pink sheet trading.
HYCM is an FCA-regulated market leader in providing online FX and CFD trading to retail and institutional investors. With a 40 year operational history and a strong focus on client satisfaction and technical development.
WatanFX is one of a kind Forex trading institution, established specifically to cater to the needs of home based Forex Traders. WatanFX also provides quality Forex Signals all day long.
NetoTrade is a global forex brokerage and investment company that specializes in global financial markets. We offer the most advanced online trading tools and the best customer support for international market trading.
GToptions вЂ“ a leader in the binary options industry. Experience the future of binary options today with the most advanced trading platform in the market.
London Capital Group – LCG
With over 20 years of experience in the trading industry, one of the leading CFD and spread betting providers. Committed to providing competitive prices, advanced technology and a professional service for all types of traders.
NSFX is a regulated online broker based in Malta providing innovative online trading services. NSFX provides trading with currencies, commodities, CFD’s, and more. With personal service in English, Arabic and German.
FBS is not just Forex company, it’s 120 countries of presence, more than 2 000 000 traders, 130 000 partners. Furthermore, it’s a lot of promotions, bonuses and contests, IB program with affiliate commission up to $80 per lot.
beeoptions binary options brokers
The world of trading and finance can be complex, but at beeoptions we value simplicity and ease-of-use for our clients. We give you the important information, so you can make the best choices regarding your binary options trades.
OptionFair is an innovative binary options trading platform provider operated by B.O. TradeFinancials, regulated by CySec. License Number 216/13 www.cysec.gov.cy
easy-forex is a leading provider of online trading services. Established in 2003, easy-forex is providing traders a world-class trading experience, in over 160 countries worldwide. Trade over 175 products!
Capital SV Investments Limited
Capital.com is a regulated investment company. Our iOS, Android and Web platform allows to trade shares, indices, FX, cryptos and commodities CFDs. We offer educational app and financial content wrapped in AI-based Smart feed.
BCapitalsFX offers a superior ‘clearing and settlement technology grid’ which is exceptional and a par above the rest. Our priority is to enable our clients to make thoughtful and intelligent trading decisions.
Option888 is proud to be the leading binary options broker in its field, allowing traders to enjoy localized deposit and withdrawal solutions. The only broker to allow deposits in EUR, GBP, USD, SEK, NOK and DKK alike.
Opteck is one of the leading Binary Options brokers in the industry. Its platform is simple, easy to use, provided in 9 languages and is 100 web-based. Opteck focuses on making its users succeed and grow!
Mercantile Exchange of Belize
The Mercantile Exchange of Belize (MercBelize), is an offshore exchange, domiciled in Belize. It is unique in that it is an all-electronic, one-hundred-percent online exchange that is tradable from anywhere in the world.
BinaryTilt is a regulated broker providing a cutting-edge trading platform for active traders, as well as traders that are new to the Binary Options market. We offer the best industry bonuses, easy withdrawals and 24/7 support!
Retail Forex & CFD broker offering dedicated client support. Forex, Indices and commodities on the MT4 trading platform. Free signal package with all live accounts. Based in Mayfair in the heart of London.
Vantage FX is an award-winning Australian financial services firm providing Forex trading capabilities to retail, high-net worth and institutional clients globally.
Generic Trade is a discount brokerage firm specializing in online futures and options trading. A cutting edge trading infrastructure/platform technology and all accounts regardless of size or volume are 59Вў commission per trade.
Land-FX is a newly comer STP FX service provider, headquartered and licensed in NZ. We started operating in 2020 and have expanded globally by localizing in each market, providing an unbeaten low spread and very fast processing.
PowerOption was founded in the Seychelles in 2020 with the express aim of bringing the smartest technology and highest integrity to the world of binary options trading.
Capital Investment Brokers Ltd.
Capital Investment Brokers Limited (CIB) provides trading solutions sophisticated enough for professional traders, yet simple enough for the forex novice. At CIBfx we believe Simple, Safe Trading.
UFS Investment Company
Moscow-based group of international investment companies founded in Switzerland in 1999. UFS IC includes: Broker, Trust management, Custodian, Licensed dealer, Financial consultant, Investment agent, Leasing company, Gold mining.
Windsor Brokers Ltd. is a regulated and licensed European Investment Firm offering a rich portfolio of over 70 financial instruments. Windsor Brokers have been in business since 1988. Windsor’s accounts are available from $100.
Oxmarkets.com is owned and operated by Ox Capital Markets Ltd, a Cyprus Investment Firm, licensed under license number 274/15 and authorized by MiFID to freely provide services within the EU.
IFC Markets is a Forex (Foreign Exchange Market) broker providing services in spot Forex for both individual and corporate clients. Other services include Forex Education and Forex Training.
EightCap Pty Ltd
EightCap refers to EightCap Pty Ltd, an Australian registered company offering Margin FX and CFDs trading via the online MetaTrader 4 (MT4) platform. To learn more visit our website www.eightcap.com
OBFX Markets is a leading binary options broker. The founding members of the investment group are seasoned veterans of the financial industry offering over 20 years of experience servicing the capital markets
FX Next provides comprehensive brokerage services, whilst concurrently providing bespoke, highly customized white label solutions to introducing brokers and money managers. We offer a true ECN/STP access with all major FX ECN’s.
Joint Capital Management (JCMFX)
Joint Capital Management Ltd. is registered by Financial Services Authority (FSA) in ST. Vincent and the Grenadines, Central America under the number 23313 IBC. Our goal is providing the best forex trading experience to traders.
Regent Markets Group
Our trading platform covers Forex, Indices, Stocks & Commodities markets with fair prices, served to over 300,000 clients globally since 1999. Start trading with us from as low as $1 in our award winning platform.
BelforFx is a global financial services organization that provides a wide range of Investment solutions specifically designed to meet the needs and financial goals of individual, corporate and institutional Clients.
HotForex is an award winning forex and commodities broker, providing trading services and facilities to both retail and institutional clients. HotForex has positioned itself as the forex broker of choice for traders worldwide.
GBE brokers ltd.
GBE brokers is a highly recommended Forex and CFD broker with regulation in Cyprus and further registration at BaFin, Fund segregation & protection guaranteed. Scalping, Hedging, VPS, Fix Api possible.
Forex Rally is an international online broker providing highly competitive brokerage services to emerging markets. We infuse cutting edge technology, low transactional fees, various financial instruments and premium education.
AAFXTrading.com is one of the worldвЂ™s fastest growing Forex & CFD provider.The company offers Foreign Exchange and CFD trading on multiple TRADING PLATFORMS, including the globally popular Vertex platform.
MFI Forex offers Traders a unique platform to trade with a full ECN/STP brokerage, No re quotes, excellent execution and great support, we offices On Lagos Island, Allen Avenue, Ikeja, Nigeria
Forex and Cfd trading at discount prices. FCA regulated, No dealing desk, STP/ECN, no withdrawal or deposit fees. Save up to 80 on your trading fees. Trade with the lowest fees!
FXGiants is an FCA regulated, international online trading broker, giving access to retail and institutional investors from more than 150 countries in the world, to over 200 instruments.
HTT FX CAPITAL
HTT FX CAPITAL provides a trustworthy no dealing-desk trading environment to forex traders globally.We are there for forex traders to win.HTT FX CAPITAL is a No Dealing Desk Broker providing ECN accounts to all traders.
The company was founded by a team of industry professionals ; Secure financial services Transparent and fair execution of customer trade orders Wold-class support and customer satisfaction Top notch resources for our customers
Alfa Trade UK Ltd
AlfaTrade is an international ECN trading company providing reliable online FX brokerage services since 2020 and itвЂ™s regulated by the Financial Conduct Authority (FCA).
ECUREX is the Swiss-based digital finance marketplace for professional traders and financial institutions. Fully compliant with the Swiss Banking Act, the Swiss and U.S. AML Acts and with FATCA.
CWOption the world fastest growing binary option welcome you with minimum of $25, We give you the important information, so you can make the best choices regarding your binary options trades. start trade Now
Established in late 2020, LQDFX has gone from strength-to-strength and has quickly positioned itself as one of the leaders in the FX industry, becoming award-winning broker on two different occasions.
The Binary.com service is owned and operated by Binary Ltd. Fully licensed and regulated, Binary.com has been providing financial trading to a worldwide audience of over 1,000,000 clients since 1999.
City Credit Capital
Founded in 2001, City Credit Capital (CCC) is a world leader in retail derivatives trading, offering online dealing services to private investors, institutions, banks and brokerages.
InstaForexвЂ“one of the leading brokers providing high-quality trading services on Forex market . InstaForex helps each customer to achieve personal goals,invest efficiently and enjoy the process!Join InstaForex and start right now!
Social trading with a team of professional traders is one of the most effective ways to meet success in the marketplace. This allows one to grasp the command and support of new traders to build a bigger network to work smarter.
Solforex has been registered in New Zealand and regulated by FSP. Lowest spread & fastest execution in the market. Endless rebate guaranteed for all trades. Solforex is an award winning broker.
Swiss Markets is part of the BDSwiss Holding PLC group which was founded in 2020. Swiss Markets is a true STP broker, meaning that all of our clientsвЂ™ orders are immediately passed on to our liquidity providers.
Kerford Investments (UK) Limited
KerfordUK’s innovative trading technology provides market access and highly automated trade execution services across multiple asset classes, including foreign exchange ( FX), contracts for difference (CFDs) and indices etc.,
Founded in the beginnings of 2020, TitanTrade prides itself in offering investors a secure trade environment through which they can take advantage of the movement in the global financial markets.
ELEX Electronic Markets
ELEX operates a traditional brokerage business model by providing retail, professional and institutional clients online and voice access to our deep liquidity from global banks, brokers and other liquidity providers.
FinPro has become the fastest growing forex broker with presence in over 50 countries. FinPro offers 11 trading platforms with 1000 instruments including currencies, commodities, Indices, ETFs and stocks of all major markets.
Tallinex is Estonian based (EU) true ECN/STP Brokerage Company www.tallinex.com with highly competitive spreads, fast execution and deep liquidity. Our average EURUSD spread is 0.5 pips and we can offer maximum leverage of 1:400
Fidelis Capital Markets
Fidelis Capital Markets awarded the best ECN/STP broker of the year 2020. Company is regulated by CySEC and registered with FCA. Fidelis Capital Markets offer exclusively Market execution and allows all type of trading.
Goldboro Invest & Trade S.A.
Goldboro established in 2020 as private broker for Investment Companies. We have : + 55 currency pairs + minimum lot 0.01 + Market Execution (only) + Zero spread interest + minimum deposit 50 usd + Leverage from 1:100 to 1:1000
Axis Financial Source Ltd
ASIC Reg. Prime Broker – IB’s & Money Managers receive a bonus beyond just your round turns through our вЂњStrategic Partnership PrgmвЂќ. Brokers: Our cost per mill is one of the lowest in the industry with the best STP engine.
OneTRADEx is a fully licensed and regulated Offshore Brokerage offering online accounts to Offshore Residents & Expats, including non-resident Americans. Access FX, Stocks, Options and other securities, trades as low as $9.95.
Orbex is an international forex broker and investment firm with unmatched client support and some of the best trading terms, including no re-quotes and slippage, 0.9 pip fixed spread and a vast range of educational resources.
TTCM Traders Trust Capital Markets Ltd
Traders Trust was founded on a solid base of financial market professionals with an innovative vision to provide today’s retail forex traders the best brokerage available. Traders Trust offers competitive low spreads.
Efficient & reliable trading environment for traders of all experience levels, across the globe. Offering most competitive trading conditions including tightest spreads, best execution and flexible leverage. Strict EU regulation.
Maxiflex Global CORP LTD
MAXIFLEX GLOBAL CORP LTD, registered as a Cyprus Investment Firm and licensed by the Cyprus Securities and Exchange Commission under license number 258/14 in accordance with Markets in Financial Instruments Directive (MiFID)
ECN No Dealing Desk – STP Spreads from 0 Pip Best Liquidity From Multiple Tier One Banks MT4, cTrader and Mobile Trading Free VPS Scalpers and EA’s welcome Multiple fundings options available Live chat support
Online CFD trading with Xtrade. XTrade.com is Authorised & Regulated by CySEC 108|10 and ASIC 343628. Trade Stocks, CFDs, and Forex with our trading platform. Min deposit of $100 and withdrawals are proceed within 2 business days.
Tradeo is pioneering the world’s first true Social Trading platform. Backed by leading venture capital firms, Tradeo is committed to revolutionizing the financial trading experience.
Established in 2020, the Select a Broker directory was designed to simplify and enhance the investors search and selection of an online trading broker. Investors can easily perform side-by-side comparisons and evaluate results based on how well each broker can support their needs.
Compare Trading Platforms in South Africa
For our south africa comparison, we found 2 brokers that are suitable and accept traders from Russian Federation.
We found 2 broker accounts (out of 147) that are suitable for South Africa.
What can you trade?
- Crypto currencies
- Web Trader
- Mobile App
- Credit cards
- Bank transfer
71% of retail investor accounts lose money when trading CFDs with this provider.
What can you trade?
- Crypto currencies
- Web Trader
- Mobile App
- Credit cards
- Bank transfer
68% of retail investor accounts lose money when trading spread bets and CFDs with this provider
Read our in-depth IG review
Between 54-87% of retail CFD accounts lose money. Based on 69 brokers who display this data.
The Ultimate Guide to
The South African Financial Market
Dating back more than 120 years to 1887 and South Africa’s first gold rush , the Johannesburg Stock Exchange (JSE) is South Africa’s primary stock market and securities exchange.
As Africa’s largest stock exchange, the World Federation of Exchanges ranks JSE Limited as 19th among the largest stock exchanges in the world by market capitalisation. Well established companies that are not yet ready to list on the JSE’s main board can list on JSE’s AltX exchange instead.
The main stock index for the JSE is the FTSE/JSE Africa All Share Index . This headline index consists of 99% of all eligible equities listed on the JSE’s Main Board of the JSE. The broad All Share Index is further broken down into market capitalisation size categories as the Top 40, Mid Cap and Small Cap Indices.
After South Africa recently adopted an improved “ Twin Peaks ” regulatory system in 2020, financial market conduct regulation in South Africa for online forex and contract for difference (CFD) brokers has fallen under the auspices of the Financial Sector Conduct Authority (FSCA), which had replaced the Financial Services Board (FSB).
The FSCA operates outside the South African Reserve Bank (SARB), the country’s central bank, which also administers a prudential regulator called The Prudential Authority (PA) that is now responsible for regulating banks, insurance companies, financial cooperatives, financial conglomerates and some market infrastructures.
Forex traders may recognise the South African rand (ZAR) as South Africa’s national currency. The rand was ranked 20 th by the Bank for International Settlements (BIS ) among the most actively traded currencies in 2020, making up around 1.0 percent of the overall forex market’s daily turnover; slightly less than its 1.1 percent market share in 2020.
Trade factors that influence the South African financial markets include the price of key strategic commodities for the country, like oil and gold. Furthermore, South Africa’s exported goods and services account for 29.77% of South African Gross Domestic Product (GDP), according to the World Bank .
The country is therefore somewhat dependent on exports, particularly to China and the United States, making the country somewhat vulnerable to any ongoing trade disputes. For example, during 2020 the rand was one of the world’s worst-performing currencies against the dollar , but by the end of the year had begun showing signs of recovery based upon a reported thawing in the dispute between the two world superpowers.
Trading in South Africa
When looking for an online broker to trade forex or CFDs with, make sure to choose a well-regulated broker that has a strong reputation with clients, since they should be suitable for entrusting a margin deposit with them.
Online brokers generally offer several trading accounts for traders, including:
- Forex Trading: Exchanging one currency for another forms the basis of forex trading. Exchange rates fluctuate as one currency rises or falls relative to another in particular currency pair. The popularity of forex trading has expanded greatly once online trading became possible. The forex market is the most liquid and largest financial market globally and had a daily turnover of $5.1 trillion/day in April 2020, according to data compiled by the BIS .
- CFD Trading: Making transactions in derivative financial instruments known as contracts for difference (CFDs) allows traders to speculate on the future of their underlying assets. Such assets can consist of a currency pair, commodity, stock, stock index or other financial instruments.
- Demo accounts: Funded with virtual money, these accounts can be used to practice trading, test a strategy or check out a broker’s services and platform. Find out more on opening demo accounts here .
- Islamic accounts: These are suitable for traders who wish to trade in an account that conforms to Sharia law. Find out more on trading with an Islamic account .
With respect to trading stocks, the Johannesburg Stock Exchange provides trade executions in South African stocks, fixed income products and derivatives. Exchange transactions are largely executed in South African rand. To make a stock trade on the JSE , you will first need to open a trading account with a JSE-registered stockbroker who can then enter your orders into the exchange’s electronic trading and order entry system.
Opportunities of Trading in South Africa
South Africa has historically offered a rather attractive market for many businesses due to its relatively stable and well-established banking and financial system. For example, the country has benefited an increasingly mature level of infrastructure and local investment that comes from hosting Africa’s largest stock exchange.
Furthermore, according to the Schroders Global Investor Study investors remain rather positive on the South African stock market, while the FTSE/JSE Africa All Share Index is already trading well off its highs . In addition, South Africa offers a number of additional advantages for doing business in the following markets:
- Consulting and services related to transportation
- Various franchises
- Information technology consulting
- Electronic equipment
Furthermore, South Africa was ranked 23 rd by the World Bank for protecting minority investors, 46 th for paying taxes, and 66 th for resolving insolvencies. That suggests a rather favourable environment for individual investors and traders to operate in.
Challenges of Trading in South Africa
In recent years South Africa has experienced a budget deficit problem and had to cut its growth forecasts in October 2020. This suggests that South Africa’s economic growth has the potential to suffer further from tariffs, trade wars and the failure of major trade agreements.
Another upcoming event that could present a challenge for South African markets is the general election later in 2020 in which voters will elect a new National Assembly and fresh provincial legislatures, as well as determining if current President Cyril Ramaphosa stays in office.
The South African Reserve Bank only rarely intervenes directly in the currency market to stabilise the USD/ZAR exchange rate, which has shown sharp drops and high volatility due to news-related shocks. The rand has also displayed notable trends over time and has been softening overall in recent years due to South Africa’s twin current account and budget deficits . Such currency valuation shifts can cause foreign exchange uncertainty for traders and businesses looking for a more stable environment to operate in.
When it comes to starting a business, the World Bank ranked South Africa a rather poor 134 th . That organisation also gave the country an overall ease of doing business ranking of 82 nd and a 73 rd rank for obtaining credit. This indicates a relatively unfavourable environment for starting up or running a business, especially if it requires local financing.
Overall, individual traders may find South Africa a relatively favourable country to operate in due to its stable banking system and large stock exchange, although businesses may face more of a challenge. Furthermore, the country’s well-established “Twin Peaks” regulatory framework should additionally strengthen investor confidence in its financial system over time.
When searching for a broker to operate through in South Africa, traders should check to see that they offer a suitable range of asset classes, a decent trading platform, strong regulation and adequate financial security for a margin deposit.
Why Choose AvaTrade
For South Africa?
AvaTrade scored best in our review of the top brokers for south africa, which takes into account 120+ factors across eight categories. Here are some areas where AvaTrade scored highly in:
- 12+ years in business
- Offers 250+ instruments
- A range of platform inc. MT4, Mac, Mirror Trader, ZuluTrade, Web Trader, Tablet & Mobile apps
- 24/7 customer service
- Tight spreads from 0.70pips
- Used by 200,000+ traders.
- Offers demo account
- 4 languages
AvaTrade offers four ways to tradeForex, CFDs, Spread Betting, Social Trading. If you wanted to trade EURUSD
The two most important categories in our rating system are the cost of trading and the broker’s trust score. To calculate a broker’s trust score, we take into account a range of factors, including their regulation history, years in business, liquidity provider etc.
AvaTrade have a AAA trust score. This is largely down to them being regulated by Central Bank of Ireland, ASIC, IIROC, FSA, FSB, UAE and BVI, segregating client funds, being segregating client funds, being established for over 12
Trust Score comparison
|Regulated by||Central Bank of Ireland, ASIC, IIROC, FSA, FSB, UAE and BVI||Financial Conduct Authority and ASIC|
|Uses tier 1 banks|
|Segregates client funds|
A Comparison of AvaTrade vs. IG
Want to see how AvaTrade stacks up against IG? We’ve compared their spreads, features, and key information below.
Best Forex Brokers In South Africa 2020
South African traders looking to trade CFDs should choose a South African Forex Broker regulated by the Financial Services Conduct Authority (FSCA) with an advanced forex trading platform such as MetaTrader 4, a range of forex markets and currency pairs.
View the best forex brokers in South Africa below.
By Justin Grossbard / Updated: Thursday, April 09th, 2020
Top 8 Forex Brokers For South African Traders
The April 2020 best forex brokers in South Africa are:
- Pepperstone – Best South African MetaTrader 4 Broker
- ForexTime – FXTM Is The Top MetaTrader 5 Broker
- Plus500 – Our Best CFD Provider For Beginner Traders
- AvaTrade – Lowest Fixed Spread Forex Trading Account
- IG – Lowest Non-Commission Forex Trading Spreads
- HotForex – Best Forex Broker With ZAR Account
- FXCM – Good No Commission Forex Broker Account
- FxPro – Best Forex Broker Offering cTrader
- ThinkMarkets – Top No Deposit Forex Account
Regulations and Licenses
Markets and Instruments
Trading Platforms + Tools
The Best MT4 Forex Broker In South Africa Is Pepperstone
The fasted-growing broker worldwide is Pepperstone based on their:
- Lowest MetaTrader 4 (MT4) average spreads
- Low commissions from $3.50 ($7 round turn)
- Fastest execution speeds
- Minimum deposit requirement of $200
- No fees on deposits and withdrawals
- Award-winning customer service
Pepperstone is regulated by the Australian Securities and Investment Commission (ASIC) and the Financial Conduct Authority (FCA) in the UK. They have an FSP application in South Africa with the Financial Sector Conduct Authority (FSCA). Below are the five key reasons why Pepperstone is recommended for those considering the MT4 which is the most used forex trading platform worldwide.
1) Average MT4 Spreads Offered By Pepperstone
Pepperstone has a razor online trading account offering spreads similar to a true ECN broker with EUR/USD spreads from 0.0 pips. Below compared 2020 average spreads of leading brokers offering ECN broker spreads with Pepperstone having the lowest across major currency pairs. These major currency pair spreads include 0.13 for the EURO/US Dollar, 0.14 for the Australian Dollar / US Dollar, 0.22 for the Euro/Japanese Yen, 0.41 for the Euro/British Pound, 0.44 for the Pound/US Dollar.
You can compare view more MetaTrader 4 Pepperstone spreads on our full comparison page.
2) MT4 Commissions
Pepperstone offers two main account types, standard and razor. The Razor online trading account is the most popular The razor account also charges a commission of $3.50 AUD per lot when the Australian Dollar online trading account currency is chosen. There are other rates as shown below with options from the British Pound (GBP), US Dollar (USD) or Euro (EUR) base currency are chosen. It should be noted that like most global CFD brokers there is no ZAR account option.
|Commissions Per Lot||US Dollar||Australian Dollar||British Pound||The Euro||Swiss Franc||Canadian Dollar||Singapore Dollar||New Zealand Dollar||Hong Kong Dollar||Japanese Yen|
|MetaTrader 4||USD 3.76||AUD 3.50||GBP 2.29||EUR 2.61||CHF 3.30||CAD 3.50||SGD 4.55||NZD 4.75||HKD 28.17||303|
There are also further commission discounts (rebates) available for active traders with three tires:
- Tier 1 = 100 lots = 10% rebate
- Tier 2 = 200-500 lots = 15% rebate
- Tier 3 = 500+ lots = Negotiable
3) Range Of Currency Pairs And CFDs
Pepperstone offer over 60 currency pairs from the majors such as EUR/USD to minors including ZAR/USD. Up to 500:1 leverage is offered on the forex market and the Pepperstone EDGE environment ensures fast execution speeds. In addition to currency pairs, there is the ability of trading CFDs including:
- Cryptocurrencies (Bitcoin, Litecoin, Bitcoin Cash, Dash and Ethereum) with up to 5:1 leverage and no commissions
- Share CFDs (Over 60 high-quality stocks) with 20:1 maximum leverage and commissions from USD $0.02 per share
- Index CFDs (Across 14 major markets) with 200:1 maximum leverage and spreads from 0.4 pips
- Commodities (Metals, Soft Commodities, Energy) with 500:1 maximum leverage and spreads from 10 cents per pip
4) Low Minimum Deposit Of $200
Pepperstone has one of the lowest minimum deposit requirements of AUD $200. The fx broker also offers fee-free funding methods from Debit Card, Credit Card, Direct Transfer, Paypal to Skrill.
5) Awards Winning Customer Support
Over the past decades, Pepperstone has won multiple awards for its customer service. This includes the Investment Trends customer support award, Professional Traders client relationship manager service award and the Global Forex best forex trading support award. The CFD provider offers South African traders with a 24/5 live chat, contact centre (phone) and e-mail customer support. Active traders also are provided with an account manager to tailor the support given for their needs. Read more…
Summary Of Why We Chose Pepperstone For South African Traders
Pepperstone’s low brokerage (spreads/fees), choice of forex trading platform and support are the three pillars making them the best broker. With a strong reputation worldwide and their FSP application pending, they are the ideal choice for South African forex traders.
The overall rating is based on review by our experts
FXTM (ForexTime) – Best MetaTrader 5 Broker
Compare Forex Brokers’ top pick for the best MetaTrader 5 forex broker is ForexTime (FXTM). Founded in 2020, FXTM has the know-how expertise to offer South African traders top-notch technological solutions. Additionally, forex traders can benefit trading on the upgraded MetaTrader 5 (MT5) with an online broker that holds trading licenses from the world’s top regulatory agencies, including:
- In South Africa from the Financial Sector Conduct Authority (FSCA) with FSP license No. 46614.
- In Belize from the International Financial Services Commission (IFSC) with license numbers IFSC/60/345/TS
- In the UK from the Financial Conduct Authority (FCA) with license No. 777911
- In Cyprus from the Cyprus Securities and Exchange Commission (CySEC) with License No. 185/12
Below our team of industry experts will highlight all FXTM MetaTrader 5 features including functionality, range of markets, total costs and the trade execution speed.
3 Types of MetaTrader 5 Trading Accounts
ForexTime offers South African FX traders the choice to use the MetaTrader 5 platform on three different account types. The diverse selection of trading accounts allows FX traders to opt for an account that suits his trading requirements. Without further ado, SA traders can open 3 MetaTrader 5 trading accounts as follows:
- ECN Account
- ECN Zero Account
- FXTM Pro Account
Note* FXTM offers the ECN technology across all of its MT5 account offerings.
On the downside, we should note that the Swap-free trading account is not available through the MT5 platform. You can download the MetaTrader 5 for desktop and Mac versions as well as mobile trading (iPhone and Android). Additionally, there is a browser-based trading platform FXTM MT5 WebTrader, which is supported across 6 different browsers.
Low Range of Markets on MetaTrader 5
ForexTime offerings of financial instruments are extremely low when compared to other forex trading platforms. The range of currency pairs (major, minor and exotic) and asset classes offered by FXTM is on the low side. Currency trading can be done on 33 currency pairs and additionally, there are two CFD spot metals (XAUUSD and XAGUSD).
However, on the plus side, South African Forex traders can magnify their returns by having access to whopping maximum leverage of 1,000:1.
Fast Order Execution Speed
ForexTime can offer through its proprietary price engine technology fast execution speeds of 52 milliseconds (according to data compiled in December 2020). FXTM can also access a deep network of liquidity providers that ensures you will benefit from tight spreads. Additionally, the MetaTrader 5 platform can boost the following performances:
- Low re-quote rate of 3.22% (December 2020)
- Positive slippage on 94.64% of TP orders
- Negative slippage on 5.36% of SL orders
- Execution speed of 81 milliseconds for MT5 ECN account
- Execution speed of 88 milliseconds for MT5 ECN zero account
South African residents can explore all MetaTrader 5 features and performances in a risk-free environment by opting for opening a demo account. You can access the forex market and practice your trading skills under live market conditions.
FXPro – Best cTrader Broker
FxPro headquarters are in the UK and have offices across the world offering no dealing desk allowing fast execution speeds and low brokerage for automated trading. The broker offers MetaTrader 4, MetaTrader 5 and the cTrader forex trading platform. In addition to FSB (FSCA) regulation, the broker has a Financial Conduct Authority (FSA) and Cyprus Securities and Exchange Commission (CySEC) regulation. Visit Site…
After evaluating all the features that come with a FxPro live account, we concluded that the best cTrader forex broker is the London-based FX broker FxPro. Below, our team of industry experts will try to outline all the aspects of FxPro’s software solution.
Full Market Depth (DOM)
The FxPro cTrader platform is equipped with full depth of market DOM. This feature lets forex traders visualize the best bid and ask prices coupled with the total amount of available liquidity. Compared to other trading platforms cTrader offers 3 convenient ways to display the data inside the DOM:
Note* FxPro’s order execution engine on the cTrader platform only uses the volume-weighted average price (VWAP) to execute orders.
Average Market Execution Speed of 37 Milliseconds
The FxPro cTrader trading platform can boost ultra-fast order execution speeds of:
- 37 milliseconds (average order execution speed)
- 11.06 milliseconds (fastest order execution speed)
While FxPro is not a true ECN forex broker, it runs a No Dealing Desk execution model (NDD). FxPro’s NDD model gives South African traders the chance to execute their orders without any human intervention. The no dealing desk forex brokers have the advantage of offering direct market access and a transparent way to trade. Our team of industry experts has assessed FxPro’s order execution policy and found the following advantages:
- 12.81% of client orders received positive slippage
- 98.60% of client orders received no requotes
- Collocated servers (Equinix LD5 data centre and AM4 in Amsterdam)
Limited Range of Markets
South African traders will have restricted access to the available financial markets. The range of markets available on the cTrader platform includes 4 asset classes:
- Forex currency pairs (70 pairs)
- Metal Trading (7 pairs)
- Stock indices (24 instruments)
- Commodities (3 energies)
Compared to other South African forex brokers, FxPro has a poor selection of financial instruments. The cTrader platform can only give traders access to a total of 104 instruments. However, trading CFDs on shares and futures can be accessed via the FxPro MetaTrader 4 terminal.
Final Words – About the Best cTrader Forex Broker
The award-winning cTrader trading platform offered by FxPro can be downloaded as a Desktop or MAC application. Additionally, SA traders can have direct access to the cTrader account directly from your browser via the cTrader Web Platform. On-the-go trading is also available via mobile trading (iOS and Android). If you’re a high volume trader, the FxPro cTrader platform can be a good fit for your needs.
HotForex – Best South African Rand (ZAR Account)
Our team of investing professionals included forex brokers that support ZAR Forex accounts and allows South African traders the comfort to fund their retail investor accounts using the local currency Rand. The forex trading accounts denominated in South African Rand are the ideal solution for traders who actively trade the ZAR crosses. Not many forex brokers can be proud to offer clients to open ZAR trading accounts. However, HotForex was able to score the highest amount of points on our star scoring system and was awarded the best ZAR account due to the following 3 reasons:
- Multiple trading account types (5 retail investor accounts)
- 11 funding methods
- Maximum leverage of 1000:1
If you want to study the full list of South African forex brokers with ZAR accounts, please check out: Top 5 Forex Broker ZAR Accounts.
HotForex Account Types
South African traders that prefer forex trading via trading accounts that are denominated in ZAR have a plethora of options to satisfy their needs if they opt for opening a live trading account with HotForex. No matter of the trading strategy used and level of risk with HotForex, clients can open a maximum of 5 live accounts and additional 3 demo accounts.
In the table below, our team of experts assessed the main features that come with each different account type.
|Micro Account||Premium Account||Zero Spread Account||HFCopy Account||Premium Pro Account|
|Minimum Deposit||$50||$100$||$200||$1000 for Strategy Provider, $300 for Follower||$500|
|Minimum Spread||From 1 pip||From 1 pip||From 0 pip||From 1 pip||From 1 pip|
|Range of Markets||8 Markets||8 Markets||8 Markets||Forex, Gold and Bitcoin||8 Markets|
|Maximum Total Trade Size||7 Standard lots per position||60 Standard lots per position||60 Standard lots per position||60 Standard lots per position||60 Standard lots per position|
|Commission for forex pairs||✘||✘||✔||✘||✘|
|Stop out level||50%||50%||50%||50%||20%|
Note* HotForex Zero Spread Account type comes with raw spreads and 0 markups, but it charges the following commission structure:
- $6 round turn commission on major currency pairs
- $8 round turn commission on minor currency pairs
HotForex Deposit Methods
HotForex offers a wide range of deposit and withdrawal methods catering to the needs of a wide base of clients. The minimum deposit to fund the most basic HotForex account is $50 or equivalent in South African Rand. Opening a live trading account with HotForex is simple and straight forward. Check out below the available payment methods via HotForex:
- Bank wire transfers
- Credit cards and debit cards (Visa, Mastercard, and Maestro)
- Electronic Wallets (Neteller, Skrill, and TrustPay)
Note* the only negative point scored by HF Markets is that it doesn’t support PayPal the world’s largest online payment portal.
HotForex 1000:1 Leverage on Forex Trading
South African residents can speculate on the exchange rates with a maximum leverage of 1000:1 on a total of 49 currency pairs, including:
- 15 major currency pairs
- 34 minor currency pairs
- 4 ZAR crosses (USDZAR, EURZAR, GBPZAR and ZARJPY)
Compared to other forex brokers, only Pepperstone, IC Markets and FxPro can boost decent forex leverage of 500:1. For a full comparison of the leverage offerings among South African forex brokers please study the table below.
|Instrument Traded||HotForex||FxPro Leverage||IC Markets Leverage||Pepperstone Leverage||IG Markets Leverage||Plus500 Leverage|
|Commodities||10:1||150:1||500:1||500:1||25:1 to 200:1||150:1|
Final Words – Best Broker with ZAR Account
Like all the best forex brokers operating in South Africa, HotForex abides by the standards imposed by the FSCA and other tier-one financial institutions (CySEC, FCA, DFSA and FSA). Client funds are secured and held in segregated accounts. With HF Markets enforces the negative balance protection policy, which means that SA traders can’t lose more than their account balance. Additionally, HotForex offers free account funding with zero deposit fees and fast transaction times.
eToro – Best South Africa Broker for Social Trading
Used by millions of traders worldwide, eToro is the world’s largest social trading broker that is favoured among South African residents due to its copy trading feature. Our team of experts assessed all social trading networks, but eToro came at the top of our proprietary scoring system due to the following reasons:
- Copy-trading on multiple assets all from one proprietary trading platform
- A diverse range of trading strategies, portfolios and trade signals to follow
- Low minimum deposit requirements of $200
- CopyPortfolios a unique premium feature designed for sophisticated investors
Note* the minimum deposit required to invest in CopyPortfolio is higher. SA traders need to put down $5,000 to access eToro’s premium products.
73% Success Rate on Copied Trades
Based on the data compiled since inception and ended in January 2020, eToro generates 73% success rate on over 124 million copied trades. In other words, 73% of the 124 million trades copied on the social trading platform closed in profit. The most popular social trading markets available on eToro include Forex, stock, indices, commodities, ETFs and cryptocurrencies.
eToro Investors can Earn 2% Annual Fees
eToro Popular Investor program is dedicated towards the skilled traders that have a profitable trading strategy and want to earn an additional income. If you become a Popular Investor on eToro copy trading platforms you can earn up to 2% in annual fees.
For example, if the total funds under management (funds that follow you) are $1 million, you’ll earn an additional $20,000 regardless of your success rate.
Note* The 2% annual fee is credited to your eToro account every month (by the 10 th of the month) and the funds will be available for withdrawal right away.
The eToro’s Popular Investor program is structured into 4 levels (Cadet, Rising Star, Champion and Elite) that come with their own requirements and different levels of assets under management. In conclusion, the more assets under management you manage to attract, the bigger your payment will be. The table below will highlight the 4 levels of the Popular Investor program.
Final Words – eToro Best South African Copy Trading Network
Overall, eToro came ahead of its competitors due to its large clients base of over 6 million traders. South African residents that lack the trading experience to generate a profit have a chance to use eToro copy trading feature and start earning a passive income. The financial services offered by eToro comply with the standard and rules imposed by the top financial institution including:
- Australian Securities and Investments Commission (ASIC) holding AFSL number 491139
- In the US, eToro USA LLC is registered with FinCEN as a Money Services Business (on the downside it doesn’t hold a CFTC license)
- Cyprus Securities and Exchange Commission (CySEC) holding license number 109/10
- Financial Conduct Authority (FCA) holding registration number 7973792
- On the downside, eToro is not regulated by the FSCA formerly known as the FSB
Note* while your funds are safe and secure, eToro will charge you a withdrawal fee of $25. The second negative point is eToro’s high spreads (typical EUR/USD spread of 3 pips and USD/ZAR spread of 50 pips) and the high overnight rollover fees.
Plus500 – Best For South African Beginner Traders
Compare Forex Broker’s top pick for the best South African CFD provider that caters to beginner traders is Plus500. Plus500 is a leading CFD provider that has financial services the suit beginner traders. Below, our team of experts list some of the essential features that make Plus500 loved by beginners:
- Dedicated round the clock customer support service 24/7 (including over the weekend support access)
- Easy-to-use CFD trading platform (web-based intuitive interface)
- State of the art social trading network
- Zero commission trading
- Forex educational webinars for beginners
- ZAR trading account (comes with convenient payment methods including debit cards and credit cards, bank transfer, PayPal and Skrill)
- Risk management tools to minimize risk (guaranteed stop loss). The disadvantage is that the guaranteed SL comes with an additional extra cost in the form of an additional spread charged and it’s only available to certain instruments.
While the Plus500 platform is recommended for beginner traders, we do not recommend using the platform in order to learn to trade. For this, we recommend their demo account where one trade with virtual currency rather than their own cash.
Note* On the negative side, Plus500 doesn’t offer its clients access to a desktop trading platform. Plus500 offers a WebTrader platform and mobile trading via CFD trading apps (iOS and Android).
+2000 Financial Instruments
The Plus500 trading platform offers access to the most traded markets in the world, including shares, indices, Forex, commodities, options, ETFs and cryptocurrencies. Compared to other forex brokers, Plus500 has a wide range of asset classes, but IG Markets and CMC Markets can offer their clients more markets and subsequently more trading opportunities.
Due to the zero-commission policy, Plus500 is not able to offer low spreads. For example, the EUR/USD spread offered by Plus500 is 0.6 pips and the USD/ZAR spread is 85 pips.
Our team of industry experts conducted a deep review of South African forex brokers and their spread offering on the most traded currency pairs and the ZAR crosses. See the table below.
Final Words – Best Forex Broker for Beginners
Plus500 holds an Authorized Financial Services Provider licence with the Financial Service Board of South Africa. The global CFD Provider is suitable for all investors with strengths in customer service and easy to use Forex trading platform and a range of markets from Shares, Indices, Cryptocurrencies and Forex with an assortment of currency pairs. Plus 500 is also regulated by financial institutions including the Cyprus Securities and Exchange Commission (CySEC) and the Australian Insurance and Investment Corporation (ASIC).
*Your capital is at risk ‘76.4% of retail CFD accounts lose money’
FXCM – Best No Commission Forex Broker Account
Based on our proprietary star scoring system, FXCM is the best forex broker offering no commission on FX trading. South African residents can enjoy trading on the foreign exchange market with a proprietary trading platform, spreads as low as 1.2 pips on EUR/USD and 57.6 pips on USD/ZAR and leverage as high as 400:1 (and 200:1 for CFD trading). The average spreads are calculated from October 1, 2020 – December 31, 2020.
Note* The default forex leverage is 400:1 but for deposits over $20,000 the leverage will be limited to 100:1.
Another aspect which makes FXCM offerings of financial services so attractive is their exclusive bonuses and promotions. Currently, SA traders can enjoy the following bonuses for forex trading:
- Forex welcome bonus of $20 (or Rand 300) available until June 30, 2020
- Forex affiliate program (you can get additional $20 when you refer friends and family to FXCM)
- FXCM Africa monthly trading contest (the winner can get $500 cash prize)
Note* SA traders need to make a minimum deposit of $50 (or Rand 749) to be eligible for FXCM’s bonuses and promotions.
FXCM Range of Trading Platforms
In terms of forex trading platform options, FXCM offers three featured trading platforms:
- MetaTrader 4 (MT4) – the world’s most popular trading platform
- Trading Station – FXCM’s proprietary trading platform
- NinjaTrader – dedicated to developing automated trading strategies via Strategy Builder feature
Note* Additionally to the main trading platforms, FXCM offers third-party platforms that can be fully blended with FXCM’s financial services. There are a total of 7 third-party trading platforms, including QuantConnect, MotiveWave, AgenaTrader, Sierra Chart, SeerTrading, NeuroShell Trader and StrategyQuant.
Each of FXCM’s trading platforms has unique trading features and providing market access for all types of traders. Regardless, of your preferred trading platform, FXCM can boost the following advantages:
- 67.37% of client orders got executed with no slippage
- 22.00% of client orders received positive slippage
- 17 milliseconds average execution speed
- 98.84% better Forex pricing compared to the interbank pricing
Final Words – Best Forex Broker with No Commission
Overall, FXCM has the best no commission forex trading accounts dedicated to South African traders. Pepperstone came in second place in the same category. One thing to mention is that the FXCM trading accounts offer variable spreads plus mark-up pricing. The zero-commission trading feature couple with a solid range of trading platforms and enhanced execution speed makes FXCM the best forex broker with no commission.
Note* FXCM took some extra negative points due to its lack of diversity when it comes to the available currency pairs for trading. In total, FXCM offers only 39 forex currency pairs (major, minor and exotic pairs).
AvaTrade – Best Fixed Spread CFD Broker
Compare Forex Broker’s top pick for the best CFD broker with the lowest spreads is international broker AvaTrade. Regulated across five continents, including on the African continent by the local watchdog FSCA, AvaTrade gives SA traders access to over 784 financial instruments, including:
- Forex currency pairs (55+ major, minor and exotic pairs). Competitive spreads starting from 0.9 pips on EUR/USD and 85 pips on USD/ZAR.
- CFDs on global stocks (627 individual stocks like Amazon, Facebook or Google). The CFD stock spread starts from 0.13%.
- CFDs on commodities (17 soft and hard commodities, including metals). Gold spread starts from $0.34 and WTI Oil spread of $0.03.
- CFDs on indices (20 global indices). The spread on the DJ30 is 3.00 points and MSCI spread is 0.10 points.
- CFDs on FX Options (44 FX options contracts)
- ETFs (5 ETF contracts). The spread are as low as 0.13%
- Bonds (2 bond contracts)
- CFDs on cryptocurrency (14 digital coins). The bitcoin spread is 0.5% over-market.
It’s important to note that AvaTrade offers different levels of leverage conditions as follows:
- Gold leverage is 20:1 and the rest of commodities is 10:1
- Stock leverage of 5:1
- Indices leverage 10:1 (and 20:1 on the most traded indices)
- Cryptocurrency leverage of 2:1
AvaTrade has access to a deep pool of liquidity providers which promises CFD trading with competitive spreads. AvaTrade ZA also has numerous trading platforms, including the iconic MT4 and MT5 platforms, a browser-based trading platform and proprietary trading platforms AvaTradeGO and AvaOptions. Across all trading platforms, AvaTrade offers fixed spreads.
Fixed Spread Forex Trading Broker
AvaTrade offers competitive fixed spreads across its range of financial instruments. Unlike variable spreads, fixed spreads remain constant and aren’t impacted by the changes in the market conditions. However, it’s important to note that AvaTrade fix spreads are over the market. This means that the spread will fluctuate as per the market price, and they stop moving, once the position is open.
Below you can overview the fix spreads offered by AvaTrade under normal trading conditions on some of the most traded currency pairs:
Additionally, AvaTrade may offer spreads as a percentage of the position for some CFD instruments as follow:
- CFD stock spreads as low as 0.13%
- CFD commodity spreads as low as 0.03 points
- CFD index spread as low as 0.25 over-market
- CFD FX Options spread as low as 0.9 points
- CFD ETF spread as low as 0.13%
- CFD Bonds spread as low as 0.03 over-market
- CFD cryptocurrencies spread as low as 0.35% over-market
Final Words – Low Fixed Spread CFD Broker
Like Plus500, AvaTrade is a global Forex broker that also has a SA subsidiary (Ava Capital Markets Pty) meaning it is regulated by the South African Financial Services Board. They have over 200,000 Forex traders using the fx broker and have won the ‘best customer service award’ in past years. They offer a web trader, MT4, MT5 or the proprietary platform AvaTrade Go as a mobile trading app.
ThinkMarkets – Best No Deposit FSCA Forex Account
ThinkMarkets has ranked as the best forex broker with no minimum deposit requirements that offers FX and CFD trading. This South African-based forex broker has only recently opened up (May 2020) its business in the African continent. The legal entity under which ThinkMarkets offers its financial services to South African traders is TF Global Markets (South Africa) (Pty) Ltd. ThinkMarkets is regulated by the local financial watchdog Financial Sector Conduct Authority (FSCA) and is an Authorized Financial Services Provider with FSP No 49835.
Offering financial services to forex traders in South Africa has become extremely competitive for the brokerage trading firms. However, ThinkMarkets has managed in a relatively short period of time to make a name for oneself.
Below, our team of experts will outline the main factors that weighted the most into our proprietary scoring system.
5 Types of Trading Forex Accounts
ThinkMarkets offer a variety of trading account types suitable for all types of traders. Setting up an account with this FSCA regulated FX broker requires no initial deposits (exception is the ThinkZero account). The types of forex accounts offered by ThinkMarkets are listed below:
- Standard account offers average spreads of 1.2 pips and access to 3 different trading platforms (ThinkTrader, MetaTrader 4 and MetaTrader 5)
- ThinkZero account offers raw spreads +$3.5 commission per 1 standard lot (requires a minimum operating balance of $500)
- Islamic accounts come with swap-free charges. However, ThinkMarkets charges a weekly administrative fee of $5 for major pairs and $10 for minor pairs for trades that are held more than 7 days.
- Demo account gives access to over 1200 tradable instruments (Forex and CFDs on shares, indices, commodities, cryptocurrencies and metals)
- Joint Account which can be owned by two account holders
See below a quick comparison between the two most popular ThinkMarkets accounts:
Note* The maximum leverage offered by ThinkMarkets is 500:1 if you qualify as a professional trader. Retail traders can only get maximum leverage of 30:1.
$1 Million Insurance Protection
South African traders can safely deposit money with ThinkMarkets. The additional $1 million client fund insurance offered by ThinkMarkets aims to safeguard your fund in an unlikely event of insolvency. Forex insurance coverage has the following advantages:
- Transparent protection with no additional fees
- Market-leading fund protection with segregated forex accounts
- Top-tier insurance partner (Lloyd’s of London)
Additionally, ThinkMarkets offer several payment options for deposits and withdrawals, including:
- Bank wire and bank transfers (international bank wire transfer costs $25)
- Credit and debit cards (Visa and Mastercards)
- Visa Checkout
- Sid Secure EFT
- Payment Asia / UnionPay
- Zotapay Africa
Note* ThinkMarkets clients can manage the deposits and withdrawals through the secure client area ThinkPortal. SA traders can fund their account using the most popular currencies (ZAR, USD, EUR, CHF, GBP, JPY, AUD and more).
Final Words – Best SA Broker with No Deposit Requirement
Overall, ThinkMarkets is among the best South African Forex brokers due to their no minimum deposit requirements, a wide range of payment methods and fund protection. Following our extensive review process, we concluded that it’s safe to trade with ThinkMarkets.
IG – Lowest Forex Trading Standard Spreads
IG.com ranks as the lowest spread forex broker in South Africa for the standard account. Established in the UK in 1974, IG is the world’s biggest CFD provider. IG Markets South Africa Limited is part of IG Group Holdings Plc and regulated by the Financial Sector Conduct Authority (FSCA) FSP No. 41393. We assessed all aspects of IG trading spreads along with evaluating all its trading features and found the following advantages:
- The average spread of 0.75 pips on EUR/USD
- Access to +17,000 global markets through CFD contracts
- Direct Market Access (DMA)
- ProRealTime charting software and trading platform for only Rand 300 per month
- Stockbroking services with over 12,000 global shares like Facebook, Apple, Alphabet, etc.
- First-class customer support
- Fund protection through segregated accounts at tier-one banks and negative balance protection
- Fast average order execution speed of 14 milliseconds
Discover below the CFD spreads charged by IG South Africa.
Competitive Standard Spreads
At, IG the average standard spreads are considered to be the lowest among all forex brokers operating in South Africa. IG pricing technology streams its quotes from a wide pool of liquidity providers, which reduces the spreads charged to SA traders. IG’s average trade spreads can go as low as:
- 0.75 pips on EUR/USD
- 1 point on FTSE 100
- 0.3 points minimum spread on spot Gold
- $40 minimum spread on Bitcoin
Note* IG charges the spreads across all its markets with the exception of share trading which is commission-based (USD 25 on the US share trading).
The typical average standard spreads for the most traded currency pairs can be studied below:
Additionally, the IG’s order management software comes with the following advantages:
- No re-quotes – less than 0.36% (according to data compiled through October 2020) of trading orders are rejected due to liquidity constraints
- Price improved technology ensures positive slippage – more than 183,000 orders received positive slippage (according to data compiled through October 2020)
- Good for handling large order trading sizes
- A high rate of 98.3% order fill
Final Words – IG Lowest Spread Forex Broker in South Africa
Our FX expertise revealed that IG has the lowest forex trading standard spreads among South African FX brokers. IG forex spreads oscillate in accordance with the market liquidity while CFD spreads remain unchanged excluding stock spreads. South African residents can open a live trading account with IG with a minimum deposit of Rand 4,000.
South Africa Brokers FAQs
Which forex broker is the best in South Africa?
Pepperstone was awarded the best forex broker for South African traders based on five key factors:
- It’s regulated with the FCA, ASIC and is in the process of a South African FSP licence
- It has the lowest commissions and spreads from 0.0 pips for the EUR/USD
- Traders can choose from the most popular forex platforms, MT4, MT5 or cTrader
- It has award-winning customer support from live chat to the call centre
- There are a plethora of fee-free funding methods with a $200 minimum deposit requirement
For more details, you can view the Pepperstone review.
How to choose the best forex broker?
To find the best fx broker for your needs you should be looking for a regulated fx broker that has low brokerage (spreads/commissions), a solid forex trading platform, strong customer service and easy deposit/withdrawal methods.
View our best forex broker section to see a list of the leading CFD providers.
What fx broker is best for beginners?
Beginner forex traders should be looking for a CFD broker that an easy to use forex trading platform, strong customer support and risk management features such as negative balance protection and guaranteed stop-loss orders.
Our recommendation is Plus500 which has the components a beginner trader needs.
Which forex broker has the best spreads?
The lowest spreads are available from providers that have ECN broker accounts. Our review of Pepperstone found they had the lowest spreads with some January 2020 example:
- EUR/USD average spread of 0.13
- AUD/USD average spread of 0.14
- EURJPY average spread of 0.22
- GBP/USD average spread of 0.44
- EUR/AUD average spread of 0.54
Brokers Regulated By FSB – South Africa Forex Brokers
|SA Forex Broker||Regulation||Min.Deposit||Trading Platform||Leverage|
|Pepperstone||FSB Pending, ASIC, FCA||$200||MT4, MT5, cTrader||500:1|
|FXTM (Forex Time)||FCA, CySec, IFSC||$5||MT4, MT5, Web||1000:1|
|AvaTrade||FSB, ASIC||$100||MT4, AvaTrader||400:1|
|IG||ASIC, FCA, MAS||$450||MT4, L2||200:1|
|FXCM||ASIC, FCA||$50||MT4, NinjaTrader||400:1|
|Markets.com||FSB, CySEC||$100||Sirix Web,
|Saxo Bank||FCA, FSA, ASIC||$10000||SaxoTrader||100:1|
|BlackStone Futures||FSB||R5000||MT4, CloudTrade||100:1|
|ALFA Financials||FSB||$1000||Alfa Trader||100:1|
|FxPro||FSB, FCA, CySEC||$100||MT4, MT5, FxPro, cTrader||500:1|
|Plus500||FSB, FCA, CySEC, ASIC, FMA, FSCA||€100||Plus500 Platform
Plus500 CFD Platform
Guide to Finding The Right Forex Broker In South Africa
South African forex trading success is partially dictated by the fx broker chosen and five criteria should be considered:
1) Spread and Commission Fees are the forms of brokerage that apply to a forex broker in South Africa. Some brokers will only have a spread while others may have narrower spreads but also charge a commission. Some other fees may apply to advanced features such as guaranteed spreads, an overnight holding of a position or licencing fees. Fees can also be reduced by choosing a South African Rand ZAR account.
2) Forex Platforms are the way online brokers allow South African forex traders to trade with currency markets. These have different interfaces, features and integrations. On the South African forex broker table above you can view how MetaTrader (MT4) is offered by most brokers giving the flexibility to change brokers if you choose this fx platform. Other platforms, on the other hand, may have unique features not available on MT4 such as share trading on MT5 and C# programming on cTrader. Another popular platform is NinjaTrader offered by FXCM and Forex.com.
3) Leverage is critical when currency trading in SA. As currency market movement is modest compared to other markets, leverage makes these more substantial to make real profits or losses. A trader needs to afford to take the high risk of losing money rapidly due to leverage. Therefore, leverage needs to be aligned to a South African forex traders risk profile and trading strategy. Remember, losing your money is a real possibility on currency markets so it’s critical to understand the risks of forex trading.
4) Risk Management features take into account how trading CFDs are complex instruments. They help control risk such as determining when a trader exits a trade (eg a guaranteed stop) or to prevent a trader from not only losing your money but also from going negative through negative balance protection. Even with risk management, you can lose money when trading so the amount put into a deposit is critical. You can check with each fx broker what percentage of retail investors lose their money on retail investor accounts.
5) Regulatory Bodies: The South African local regulatory body is the FSCA, this is also referred to as the FSB (Financial Service Board). This regulator reviews the financial services industry excluding the banks. This regulator works towards protecting South African investors including forex traders and has powers to enforce their policies. They also work with the Ombudsman to investigate customer concerns in regards to forex trading brokers. View more our on FSB regulated page. Global financial institutions such as eToro, IC Markets and AxiTrader were not considered as part of this comparison as they were not FSCA certified but can be compared on this SA trader page.
Published by Justin Grossbard
Thursday, April 09th, 2020
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