What is the best forex brokers in South Africa?

Hello, I want to know your opinion about the best forex brokers in South Africa. Who do you think is the best one? I am looking for a trustworthy and reliable company with low spreads or commissions. So far I came across two solid brokers that are in accordance with https://www.fsca.co.za/Fais/Search_FSP.htm regulated by the FSCA - Plus500 and AvaTrade, suggested in the article - https://tradingbeasts.com/best-forex-brokers-in-south-africa/. Which one do you think is a better option for me? So far I am leaning towards Plus500 as they offer to have an account in Rands. But I am open to other suggestions too! Thanks.

Recently Tickmill opened a branch in South Africa.
I have accounts with them for more than 5 years and no problem regarding executions or withdrawals of profit

Hello,
I will have a look at them, thank you for the tip. Can I have a trading account in ZAR with them?

USDZAR it is available for trading, but if you wish to have the trading account in ZAR I don't know, you have to contact them and ask about this.

You can search in google rating of forex brokers
or you can visit here rating

forex brokers don't have nationality now

so you can try any that you want

If you will be trading majors then your native currency will get converted to USD or GBP or EUR as the base currency anyway. So you can keep your options much wider. Pepperstone, Fxview, Fidelity are some of the regulated brokers with good prices for their clients. I especially find the interface of fxview very easy to navigate through and use.

IFX Broker is very good for any south african traders in my opinion. Excellent support

HarlanfxRoger posted:
IFX Broker is very good for any south african traders in my opinion. Excellent support

How about the withdrawals? Did you make any?

There are many websites online where you can get this information.

Jude_craig posted:

HarlanfxRoger posted:
IFX Broker is very good for any south african traders in my opinion. Excellent support

How about the withdrawals? Did you make any?

Yes I have made withdrawels, next day payout. They are regulated with FCSA, spreads are good

HarlanfxRoger posted:

Jude_craig posted:

HarlanfxRoger posted:
IFX Broker is very good for any south african traders in my opinion. Excellent support

How about the withdrawals? Did you make any?

Yes I have made withdrawels, next day payout. They are regulated with FCSA, spreads are good

Okay, that's good then.

FSCA is a regulatory body in South Africa. So, choose a regulated broker under FSCA.

No matter what you choose. Always stick with a regulated one.