South African Financial Markets?

Adam Rosen - Lead financial writer

Updated 17-Nov-2024

Trading On South African Financial Markets

South African financial markets allow the buying and selling of South African financial instruments in South Africa and is referred to as the South African financial market. It acts as a South African platform for South African and international buyers and sellers to connect with one another and engage in transactions involving the desired South African financial securities at prices determined by the South African market participants and South African and global ecomonic factors. South African stocks, bonds, currencies, derivatives, South African commodities, and other financial instruments in South Africa are examples of such South African financial products. The financial center in South Africa has long been Cape Town for major financial markets for South African traders.

A South African financial market acts as a conduit between those South African or global individuals or institutions that are in need of capital and those South African or global individuals or institutions that have capital available to invest in South Africa financial markets. These South African markets are able to be categorised according to the type of South African financial assets traded, the level of maturity of those trading South African assets, the delivery schedule of those South African financial instruments, and the South African organisational structure.

A South African financial marketplace is a place where people come from all over the world to buy and sell South African financial instruments and goods.

These financial instruments in South Africa may take the form of South African stocks and shares, bonds, South African commodities, or even different South African currencies. Additionally, South African financial markets are either online or offline spaces that are devoted to the buying and selling of a wide range of financial assets in South Africa (stock, bond, currency, commodities).

The term "South African financial markets" can also be used interchangeably with "South African capital markets" or simply "the financial markets in South Africa." No matter what they are called, the primary function of the South African financial markets will always be the same: they will serve as designated locations for the buying and selling of various South Africa financial assets domestically and internationally.

Where Do South African Financial Transactions Take Place?

The term "South African financial markets" refers to the marketplaces in South Africa where purchases and sales of South African financial assets take place. South African stocks and bonds are examples of the types of instruments in South Africa that make up South African financial assets. In the broadest sense, the term "South African financial markets" refers to a collection of distinct South African financial sub-markets, such as the South African stock market, the bond market, the forex market, the commodities market, and the derivatives market.

There are South African regulated financial markets everywhere, but there are also unregulated financial markets in South Africa. As is the case with every other type of South African market, the prices of the South African financial assets that are traded on financial markets in South Africa are constantly shifting due to the influence of a variety of different South African and global economic factors. These South African price movements present an opportunity for international and South African traders and investors who are interested in diversifying their investment portfolios in South Africa.

Trading South African Financial Markets

The goal of South African buyers is to purchase an item at the best possible price, while the objective of South African financial market sellers is to sell an item for the highest possible price. The type of South African financial market you participate in will depend on the goods or services you are interested in purchasing or trading in South Africa.

The primary objective of a South African securities market is to serve as a source of South African capital for businesses in South Africa looking to make investments. The Johannesburg Stock Exchange is a well-known example of a South African securities markets. One more kind of South African securities market is called an over-the-counter market, and it is comprised of a South African computer network of dealers who buy and sell shares in South Africa.

The Expansion Of South African Financial Markets

Over the course of South African history, financial markets in South Africa have developed. twenty or so years ago, South African financial markets were real financial markets in South Africa where South African financial traders would meet in person to trade live markets in South Africa to complete a South African financial transaction. Today, however, they are primarily virtual spaces accessible anywhere in South African and the rest of the world online. Before the advent of electronic trading in South Africa, trading was done manually.

But with the advent of technology, these South African markets are now largely controlled by computerised machines rather than human traders in South Africa allowing micro second South African financial trading transactions can be carried out from anywhere in the world.

In the global and South African financial markets, millions of transactions take place every single second. A single day's worth of trades contribute to the South African economy to the tune of trillions of ZAR.

Various Forms That South African Financial Markets Can Take

The financial markets categories available in South Africa are wide and varied. Each financial market available in South Africa has its own set of trading risks that must be factored in to South African financial markets trading strategies. The following is a list of the various types of South African financial markets that make up these capital markets in South Africa:

South African Stock Markets

The first step in the process of listing a South African company's shares or stocks is known as an initial public offering (IPO) in South Africa, also abbreviated as IPO. They first register their South African shares, and then they make them available on the secondary market to South African and international traders who are interested in purchasing them. On the secondary market, South African companies will list their shares for sale on stock exchanges in South Africa such as the Johannesburg Stock Exchange.

South African residents who wanted to trade their South African stocks simultaneously were the driving force behind the creation of stock markets in South Africa. People from every region on the planet not just South African traders participate in South African stock markets today, buying and selling shares in tens of thousands of different South African companies.

It is required that any new issues of South African stock be registered with South African financial regulators, and in certain circumstances, with the South African government bodies.

A South African stock exchange takes place whenever two parties with opposing desires in South Africa to buy and sell at the same price come together. When you buy a share of South African stock, you will be given a stock certificate. This South African certificate can be passed down from one owner to another, or it can be kept by the South African financial market broker on the investor's behalf.

You can buy and sell individual South African shares of stocks, bonds, and South African futures contracts, or you can be a part of a mutual fund in South Africa and trade those assets.

South African Futures Markets

South African Futures contracts provide South African and internatoinal buyers and sellers with the opportunity to hedge against the risk of prices increasing on South African financial assets, while exchange-traded fund trading in South Africa provides sellers with the opportunity to hedge against the risk of South African financial asset prices decreasing.

Futures contracts on South African commodities involve a significant amount of risk and are made more difficult by the numerous trading options available in South Africa financial markets. It is necessary to be correct about both the direction and the timing of a price change on a South African asset in order to realise a profit from a price change. Even the most seasoned traders who trade in South African financial market do not typically allocate more than a negligible portion of their total investment portfolio to South African futures contracts.

South African Bond Markets

On the South African bond market, investors in South Africa can purchase bonds issued by businesses in order to finance those businesses' projects. The South African bonds constitute a commitment to make repayment to the issuing South African entity, which may be the South African government or a company in South Africa. The South African companies are required to make the payment of the principal amount in addition to the interest for a South African bond full settlement, and they have a certain amount of time to do so.

South African Bonds are a type of debt security in South Africa in which an investor lends money to the South African issuer for a predetermined amount of time. South African Bonds issued by corporations and municipalities from all over the world can make up the entirety of these South African holdings. On the South African bond market, numerous types of securities, such as bills and notes issued by the South Africa, are offered for sale.

South African Forex Markets

The South African foreign exchange, or South African Forex, market plays an important role in the trading of currencies including the South African ZAR. South African financial institutions are responsible for the operation of these local South African currency markets. South African banks, South African non-bank financial corporations (NBFCs), investment companies in South Africa, South African brokerage firms, South African insurance companies, and trust corporations in South Africa are some examples of these types of South African businesses.

The South African foreign exchange market can be thought of as a network that facilitates communication between South African and international banks, brokers, and foreign exchange dealers. The Forex market in South Africa is the place where transactions in all different kinds of currencies take place. It encompasses open and closed South African exchanges, such as South African forwards and swaps, along with South African market dealings such as spot and forward markets in South Africa.

The South African Market for Commodities

People are able to buy and sell positions in various South African commodities on the South African commodity markets. These South African commodities include oil, gold, copper, silver, barley, wheat, and many others available in South Africa. Beginning with South African agricultural commodities, there are now more than one hundred different types of South African commodities being traded on the world's primary commodity markets.

The South African Market for Cryptocurrencies

Crypto assets and financial instruments in South Africa are new opportunities that are presented to South African investors and traders, South African crypto digital assets are highly volatile, but are seeing growth in South Africa. Using technology known as blockchain, South African crypto transactions can take place and be recorded. The trading of cryptocurrencies in South Africa, such as Bitcoin and Bitcoin, can take place on global crypto platforms for South African crypto traders thanks to the availability of cryptocurrencies on online cryptocurrency exchanges in South Africa. Modern crypto trading platforms available to South African resident can offer crypto transaction fees that are lower than those of the more traditional South African online payment and trading systems.

Although South African government regulation frowns on crypto assets financial markets in South Africa. The crypto exchanges available in South Africa provide their South African customers with digital wallets that can be used to trade one form of digital currency for another in South Africa, including traditional forms of currency like the ZAR. Due to the fact that crypto financial markets are centralised markets in South Africa, these crypto platforms are likely to experience cybersecurity issues in South Africa such as hacking and fraud.

South African Money Markets

A South African money market is an institutional source of working capital for businesses in South Africa, such as South African banks and other financial institutions. The duration of the operations that take place on the South African money market can range from one day all the way up to an entire year. South African commercial bills, South African certificates of deposit, South African treasury bills, and other financial instruments in South Africa are the types of instruments that are used.

South African OTC Markets (South African Over-the-Counter Markets)

The South African over-the-counter market, or OTC market in South Africa, is essentially the South African secondary market. This South African financial market is not very transparent in South Africa, there are not many South African regulations, and the prices are low. The South African and international traders on the market conduct their business in South Africa with one another through a variety of channels of communication, including electronic, the telephone, and other methods in South Africa. Most of the companies that trade on the South African OTC market are relatively modest in size.

South African Derivatives Market

South African Derivatives do not exist in the real world; rather, they are created through contractual arrangements between two parties in South Africa. The value of the South African derivative contracts is calculated based on the current price of an underlying South African asset or commodity. South African derivatives such as South African CFD, South African futures, and other financial instruments in South Africa are traded on this South African financial market.

The derivatives financial market in South Africa that allows South African hedgers, margin traders, arbitrageurs, and speculators to trade the futures and options in South Africa that track the performance of their underlying South African assets is known as the South African derivatives market. Here, South African businesses and individuals can engage in the trading of South African futures, options, forward contracts, and swaps.

South African Financial Market Functions

Individuals and institutions can make more productive use of their savings with the assistance of financial markets. Primary markets and secondary markets are the two categories that make up the overall market. Banks are one of the most important components of a capital market. Banks assist their customers in opening multiple savings accounts so that they can receive higher returns on their money.

The Role That South African Money Plays

There are a variety of applications for South African monetary wealth to consider. A South African savings account gives South African the ability to store ZAR money in a secure location in South Africa, which is a South African bank. A loan from a South African bank can be beneficial in terms of growth, but it will eventually need to be repaid, along with interest (a fee to cover the cost of borrowing South African money).

When you invest in a South African company, you are either buying a portion of that South African company or providing a loan to the South African company as in the case of South African bonds.

Putting Money Into A South African Company To Invest

There is a wide variety both in terms of size and form when it comes to South African businesses. A "sole proprietorship in South Africa" refers to a type of South African business that is owned and run by a single South African individual. One can be a sole proprietor in South Africa while at the same time being a partner in a South African partnership, which is owned by two or more people. Another way that South African partnerships can mitigate risk is by transforming the South African company itself into a separate legal entity in South Africa.

A South African company might decide to issue bonds in order to grow over the longer term in South Africa. A South African bond can be thought of as a form of promissory note from the South African company to international and domestic South African investors. A South African bond will become mature after the passage of a predetermined amount of time in South Africa, which can range anywhere from six months to thirty years.

The sale of a South African company's stock can result in the generation of enormous sums of ZAR cash in South Africa, which can then be put to a variety of different uses. It is said that a South African company has become public in South Africa when South African company stock is available to the South African public. In most cases, the South African company will seek the assistance of an investment banker in South Africa when establishing a price for the South African company stocks and shares.

Things That Have An Effect On South African Markets And Prices

There are not many South African and international investors who are capable of accurately predicting the highs and lows of the market or of a particular South African investment. However, those who are knowledgeable about the factors that influence market prices in South Africa are more likely to make calculated investment decisions on South African assets using risk management strategies.

The buying and selling of South African stocks, bonds, and other assets by investors has a direct impact on the prices of these South African assets. For instance, the price of a particular South African stock will go up if a large number of South African and international people want to buy it.

The price of a South African company's stock is influenced both by the state of the South African company's operations in South Africa and the health of the industry in which the South African company operates. Criteria to own a South African stock will vary depending on a number of factors, including the South African profits made, the volume of sales, and even the seasonality of South African financial markets.

Investors pay close attention to general trends that indicate changes in the South African economy so that they can better anticipate what will happen in the future. South African economic Indicators The South African Gross National Product, the South African inflation rate, and the South African unemployment rate are all examples of indicators in South Africa. The South African Gross National Product measures how much production is taking place in South Africa, while the South African inflation rate measures how quickly prices are rising in South Africa.

Global investments are available for purchase at any time of the day or night in South Africa. When the prices on one South African market change, it has an effect on all of the other South African and global markets. The viability to invest in South Africa is impacted by a variety of factors, including shifts in the value of South African and international currencies, South African trade barriers, South African conflicts, South African natural disasters, and changes in South African government.

Investors expectations about the direction in which the South African economy and the market are heading are the primary drivers of bull and bear markets in South Africa. If investors believe that the South African financial market will continue to fall, they will sell South African stock at lower prices, which will cause a South African bear market to continue.

The liquidity of the assets is ensured by South African financial markets

The ability of an South African asset to be quickly bought, sold, or converted into South African ZAR cash is what's meant by the term "liquidity" in South Africa.

Gold is widely regarded as a highly liquid form of investment in South Africa due to the ease with which it can be traded in for ZAR cash following a purchase. The South African financial markets function as neutral venues for the purchase and sale of various South African assets. They ensure the liquid status of the aforementioned South African financial assets by facilitating the buying and selling of the South African assets in question, which they permit.

The South African financial markets help everyone involved save a significant amount of time and money. South African financial markets also save you a great deal of effort, which you would otherwise likely have spent searching for potential buyers or sellers of the South African financial instrument in question.

South African Markets for Financial and Capital Goods

New shares of South African stock or bonds are typically offered for sale to investors on a South African capital market. South African companies and governments are the primary entities that can be found on the primary capital markets in South Africa looking to raise funds for the long term. Existing South African securities can be bought and sold among investors or traders in a South African financial market known as a secondary market, which typically takes place on an South African financial exchange.

In South Africa, there are two very distinct types of South African financial markets: the South African bond market and the South African stock market. On the South African bond market, investors take on the role of creditors rather than South African shareholders. On the stock market in South Africa, investors trade shares of a South African company. On the bond market in South Africa, investors trade South African bonds.

There are two distinct kinds of South African financial markets in the world of finance. The South African money markets and the South African capital markets. Money markets in South Africa are utilised by cash-strapped South African companies that operate on a short-term basis in order to provide liquid assets for brief periods in South Africa.

In the same way that South African money markets focus on transactions involving short-term finances, the South African capital market is more concerned with long-term investments in South Africa.

The Influence Of The South African Government On Primary Markets

During the early part of the 21st century in South Africa, the South African government relied on South African investment banks to organise the sale of their bonds in South Africa. Since 1997, the governments of the world's more powerful nations like South Africa, have been going around investment banks and selling their South African bonds directly to investors via the internet. These days, the majority of governments like South Africa sell the majority of their debt through online auctions.

Primary market participants in South Africa

When a South African company needs more capital, one of the first questions it must answer is whether it will issue South African shares or bonds to finance its endeavour. South African shares present the opportunity for greater returns and capital gains in the event that the South African company is successful, but they also present the possibility of increased risk in the event that the economy in South Africa suffers a setback.

When a South African company seeks financing from the South African primary market, as opposed to other types of South African capital market transactions, the process will most likely involve face-to-face meetings between South African company representatives and potential investors. South African companies will typically engage the services of an South African investment bank in order to act as a mediator between themselves and the South African and global financial markets, regardless of whether or not they choose to issue South African bonds or shares.

Transactions on secondary markets in South Africa

On the South African secondary market, the vast majority of transactions in the South African capital market take place. On South African secondary markets, the number of times a South African security can be traded is not capped at any particular level in South Africa. Investors are assured that they won't have any trouble reselling their South African shares or bonds, which makes it much simpler for South African businesses and governments to acquire new funding in South Africa.

Although they only make up a small portion of South African trading activity, individual investors have seen a slight increase in their South African market share recently. The most significant holdings are typically held by South African pension funds and sovereign wealth funds. South African hedge funds are increasingly responsible for the majority of the short-term trades in significant parts of the South African capital markets like stock exchanges.

There are a few different approaches to investing in the South African secondary market that do not involve purchasing South African stocks or bonds directly. These South African financial instruments have the potential to generate profits, but they also have the potential to cause buyers of the South African financial assets to lose more money.

South African Financial markets verdict

The term "South African financial market" refers to a marketplace that facilitates the creation of South African financial assets in South Africa as well as their subsequent trading. South African shares of stock, South African bonds, South African derivatives, South African commodities, and foreign currencies in South Africa are all examples of South African financial assets. Some of the South African financial markets are quite insignificant and don't experience much activity in South Africa, whereas other South African financial markets facilitate the daily trading of trillions of ZAR worth of South African securities.

A South African financial market can refer to either an arrangement or an South African institution that makes it easier for people to trade South African financial instruments and financial securities with one another. Because of a number of factors, including low transaction costs, South African investor protection, high liquidity for some South African financial markets, South African pricing information transparency, legal procedures that are easier for the settling of disputes in South Africa. The role of the financial markets in South Africa has undergone a significant transformation over the last 10 years.

Which Broker Allows Trading On South African Financial Markets?

  • Is IC Markets Broker Safe?

    Visit IC Markets

    IC Markets Financial Regulation: Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC)

    🀴 IC Markets is Used By: 180,000

    πŸ’΅ What You Can Trade with IC Markets: Forex, Majors, Energies, Metals, Agriculturals,
    πŸ’΅ Instruments Available with IC Markets: 232

    πŸ“ˆ IC Markets Inactivity Fees: No
    πŸ’° IC Markets Withdrawal Fees: No
    πŸ’° IC Markets Payment Methods: Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking,
    πŸ’° IC Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD

    IC Markets Risk warning : Losses can exceed deposits

  • Is Roboforex Broker Safe?

    Visit Roboforex

    Roboforex Financial Regulation: Financial Services Commission (FSC) License 000138/437

    🀴 Roboforex is Used By: 10,000

    πŸ’΅ What You Can Trade with Roboforex: Forex, Minors, Majors, Exotics, Indices, Metals,
    πŸ’΅ Instruments Available with Roboforex: 100

    πŸ“ˆ Roboforex Inactivity Fees: No
    πŸ’° Roboforex Withdrawal Fees: Yes
    πŸ’° Roboforex Payment Methods: Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer,
    πŸ’° Roboforex Account Base Currencies: USD, EUR, XAU

    Roboforex Risk warning : Losses can exceed deposits

  • Is AvaTrade Broker Safe?

    Visit AvaTrade

    AvaTrade Financial Regulation: Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI)

    🀴 AvaTrade is Used By: 200,000

    πŸ’΅ What You Can Trade with AvaTrade: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs, IPO, Bonds,
    πŸ’΅ Instruments Available with AvaTrade: 1000

    πŸ“ˆ AvaTrade Inactivity Fees: No
    πŸ’° AvaTrade Withdrawal Fees: No
    πŸ’° AvaTrade Payment Methods: Credit cards, VISA, MasterCard, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, WebMoney, Payoneer,
    πŸ’° AvaTrade Account Base Currencies: USD, GBP, EUR, JPY, AUD

    AvaTrade Risk warning : 71% of retail CFD accounts lose money

  • Is FP Markets Broker Safe?

    Visit FP Markets

    FP Markets Financial Regulation: Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Financial Services Authority (St. Vincent and the Grenadines)

    🀴 FP Markets is Used By: 10,000

    πŸ’΅ What You Can Trade with FP Markets: Forex, Minors, Majors, Exotics, Indices, Metals,
    πŸ’΅ Instruments Available with FP Markets: 100

    πŸ“ˆ FP Markets Inactivity Fees: No
    πŸ’° FP Markets Withdrawal Fees: No
    πŸ’° FP Markets Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, BPAY, POLi, PayPal, Neteller, Skrill, PayTrust, NganLuong VN, Fasapay, Broker to Broker, OnlinePay China, Directa24, Klarna, PayTrust88, Payoneer,
    πŸ’° FP Markets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD

    FP Markets Risk warning : Losses can exceed deposits

  • Is NordFX Broker Safe?

    Visit NordFX

    NordFX Financial Regulation: Cyprus Securities and Exchange Commission (CySEC), License No: 209/13

    🀴 NordFX is Used By: 10,000

    πŸ’΅ What You Can Trade with NordFX: Forex, Majors, Metals,
    πŸ’΅ Instruments Available with NordFX: 50

    πŸ“ˆ NordFX Inactivity Fees: No
    πŸ’° NordFX Withdrawal Fees: No
    πŸ’° NordFX Payment Methods: Bank Transfer, Neteller, PerfectMoney, WebMoney, FasaPay, CashU, Payza, QIWI,
    πŸ’° NordFX Account Base Currencies: USD, EUR

    NordFX Risk warning : Losses can exceed deposits

  • Is XTB Broker Safe?

    Visit XTB

    XTB Financial Regulation: Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comision Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG), Dubai Financial Services Authority (DFSA), Dubai International Financial Center (DIFC),Financial Sector Conduct Authority (FSCA), XTB AFRICA (PTY) LTD licensed to operate in South Africa

    🀴 XTB is Used By: 250,000

    πŸ’΅ What You Can Trade with XTB: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Pennystocks, Energies, Metals, Agriculturals, ETFs,
    πŸ’΅ Instruments Available with XTB: 4000

    πŸ“ˆ XTB Inactivity Fees: Yes
    πŸ’° XTB Withdrawal Fees: No
    πŸ’° XTB Payment Methods: Credit cards, MasterCard, Maestro, Visa, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, Skrill, Poli, Paysafe, Payoneer,
    πŸ’° XTB Account Base Currencies: USD, GBP, EUR

    XTB Risk warning : 76% - 83% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • Is Pepperstone Broker Safe?

    Visit Pepperstone

    Pepperstone Financial Regulation: Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217

    🀴 Pepperstone is Used By: 89,000

    πŸ’΅ What You Can Trade with Pepperstone: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals,
    πŸ’΅ Instruments Available with Pepperstone: 100

    πŸ“ˆ Pepperstone Inactivity Fees: Yes
    πŸ’° Pepperstone Withdrawal Fees: No
    πŸ’° Pepperstone Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Neteller, BPAY, POLi, UnionPay, FasaPay, QIWI, Payoneer,
    πŸ’° Pepperstone Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, NZD, HKD

    Pepperstone Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89 % of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money

  • Is XM Broker Safe?

    Visit XM

    XM Financial Regulation: Financial Services Commission (FSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC)

    🀴 XM is Used By: 10,000,000

    πŸ’΅ What You Can Trade with XM: Forex, Stock CFDs, Commodity CFDs, Minors, Majors, Exotics, Equity Indices CFD, Energies CFD, Precious Metals
    πŸ’΅ Instruments Available with XM: 1000

    πŸ“ˆ XM Inactivity Fees: Yes
    πŸ’° XM Withdrawal Fees: No
    πŸ’° XM Payment Methods: Credit cards, Debit cards, Bank Transfer, Electronic wallets (eWallets), Moneta, ABAQOOS, PRZELEWY24, Neteller, PerfectMoney, WebMoney, UnionPay, FasaPay, CashU, Payza, QIWI, SOFORT, Giropay, Payoneer, Skrill,
    πŸ’° XM Account Base Currencies:

    XM Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

  • Is eToro Broker Safe?

    Visit eToro

    eToro Financial Regulation: Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC)

    🀴 eToro is Used By: 20,000,000

    πŸ’΅ What You Can Trade with eToro: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, Agriculturals, ETFs,
    πŸ’΅ Instruments Available with eToro: 2000

    πŸ“ˆ eToro Inactivity Fees: Yes
    πŸ’° eToro Withdrawal Fees: Yes
    πŸ’° eToro Payment Methods: Credit cards, VISA, MasterCard, Maestro, Debit Cards, Bank Transfer, PayPal, Neteller, Skrill, WebMoney, Giropay, eWallets,
    πŸ’° eToro Account Base Currencies: USD

    eToro Risk warning : 51% of retail investor accounts lose money when trading CFDs with this provider.

  • Is FXPrimus Broker Safe?

    Visit FXPrimus

    FXPrimus Financial Regulation: Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Vanuatu Financial Services Commission (VFSC)

    🀴 FXPrimus is Used By: 10,000

    πŸ’΅ What You Can Trade with FXPrimus: Forex, Minors, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals,
    πŸ’΅ Instruments Available with FXPrimus: 130

    πŸ“ˆ FXPrimus Inactivity Fees: No
    πŸ’° FXPrimus Withdrawal Fees: Varies
    πŸ’° FXPrimus Payment Methods: Credit cards, VISA, MasterCard, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Payoneer, SafeCharge, TrustPay, EmerchantPay, Bitcoin, UnionPay, FasaPay, Giropay,
    πŸ’° FXPrimus Account Base Currencies: USD, GBP, EUR, SGD, PLN

    FXPrimus Risk warning : Losses can exceed deposits

  • Is easyMarkets Broker Safe?

    Visit easyMarkets

    easyMarkets Financial Regulation: Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), British Virgin Islands Financial Services Commission (BVI)

    🀴 easyMarkets is Used By: 142,500

    πŸ’΅ What You Can Trade with easyMarkets: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, Energies, Metals, Agriculturals, Options,
    πŸ’΅ Instruments Available with easyMarkets: 200

    πŸ“ˆ easyMarkets Inactivity Fees: No
    πŸ’° easyMarkets Withdrawal Fees: No
    πŸ’° easyMarkets Payment Methods: Credit cards, MasterCard, Maestro, American Express, JCB, Astropay, Debit cards, Bank Transfer, SOFORT, GiroPay, iDeal, Bpay, Electronic wallets (eWallets), Skrill, Neteller, WebMoney, UnionPay, WeChatPay, FasaPay, STICPAY,
    πŸ’° easyMarkets Account Base Currencies: USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, CNY, CZK, HKD, ILS, MXN, NOK, NZD, PLN, SEK, TRY, ZAR

    easyMarkets Risk warning : Your capital is at risk

  • Is Trading 212 Broker Safe?

    Visit Trading 212

    Trading 212 Financial Regulation: Financial Conduct Authority (FCA), Financial Supervision Commission (FSC)

    🀴 Trading 212 is Used By: 15,000,000

    πŸ’΅ What You Can Trade with Trading 212: Forex, Minors, Cryptocurrencies, Majors, Exotics, Indices, UK Stocks, US Stocks, Energies, Metals, ETFs, Bonds,
    πŸ’΅ Instruments Available with Trading 212: 10000

    πŸ“ˆ Trading 212 Inactivity Fees: No
    πŸ’° Trading 212 Withdrawal Fees: No
    πŸ’° Trading 212 Payment Methods: Credit cards, MasterCard, VISA, Debit cards, Bank Transfer, Electronic wallets (eWallets), PayPal, Skrill, Dotpay, Carte Bleue, Direct eBanking, Apple Pay, Google Pay, iDeal, Giropay,
    πŸ’° Trading 212 Account Base Currencies: USD, GBP, EUR, CHF

    Trading 212 Risk warning : CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.


Broker Reviews

If South Africa isn’t quite what you are looking for you can check out some of the best South Africa alternatives below.

South Africa Alternatives

If you would like to see South Africa compared against some of the best South Africa alternatives available right now you can do so by clicking on the links below.