TOP FOREX BROKERS IN AFRICA

Forex Africa

Africa is one of the fastest developing forex markets in the world. The biggest forex markets at the African continent are Nigeria and South Africa. Forex brokers operate at the whole continent and there are also several other important markets like these ones in Botswana, Kenya, Namibia, Uganda, Cameroon, Rwanda, and Zimbabwe.

How to Choose Best Forex and CFD broker in Africa

The criteria on how to choose the best Forex broker depend on what is important for you. For some people, the most important is fast and easy deposits and withdrawals. For other trades, the most important is to have bonuses. These clients have to head to an offshore broker. Spread is other important fee which traders have to have in mind, expesialy if they trade actively. For carrytraders (traders that buy a currency with higher rate and sell the currency with lower rate and wait long time to generate SWAP) is very important the size of the rollover.

Forex Broker Min deposit Leverage Deposit method Platforms Spread Swaps Support
Pepperstone

Visit

200 AUD  1:30
  • Visa
  • Mastercard
  • POLi
  • Bank transfer
  • BPay
  • PayPal
  • Neteller
  • Skrill
  • Union Pay
  • MT4
  • MT5
  • cTrader
Plus500

Visit
100 USD  1:30
  • Visa
  • Mastercard
  • Bank transfer
  • PayPal
  • Skrill
  • Plus500
XTB

Visit
250 USD  1:30
  • Visa
  • Mastercard
  • Bank transfer
  • PayPal
  • Skrill
  • MT4
XM

Visit
5 USD  1:30
  • Visa
  • Mastercard
  • Bank transfer
  • Other electronic methods
  • MT4
CMC Markets 0 USD  1:30
  • Visa
  • Mastercard
  • Bank transfer
  • MT4
  • Next Generation
IG Markets 300 USD  1:30
  • Visa
  • Mastercard
  • Bank transfer
  • HKD FPS
  • MT4
  • IG's trading platform

Trading platforms

The clients n Africa can choose between MetaTrader 4, MetaTrader 5, C Trader, and a lot of proprietary trading platforms. The own developed platform of the brokers offers a big amount of options like fixed spread, guaranteed stop, news, social trading, and a lot of other features.

List of trading instruments

The traders in Africa can trade a big number of forex pairs, CFDs based on major stock indices, commodities, futures, metals, cryptocurrencies, single stock CFDs, and many others.

Conclusion

Forex trades in Africa can use the best forex brokers in the world. There isn't leverage restriction as in Europe, the variety of forex platforms and trading instruments is big. The offered conditions are one of the most competitive trading conditions in the world.

Forex Brokers Ranking

Looking for an independent and professional Forex brokers review? Our researches will help you find a broker supporting all financial instruments you may need. It will also help you choose the best trading platform for your manual or automated trading.

Disclaimer: Trading Forex (foreign exchange) or CFDs (contracts for difference) on margin carries a high level of risk and may not be suitable for all investors. Please note that FxBrokersRanking.com do not provide any kind of financial advices or recommendations.

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