ZAR Forex Account

Compare regulated brokers that accept the South African rand (ZAR) as a base currency for your trading account.

Brokers we recommend

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4.8 / 5

Broker 1

Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. F************ is a true ECN broker and accepts all trading styles without restrictions.


4.6 / 5

Broker 2

79.28% of retail CFD accounts lose money

F******** is a global broker, winner of 110+ awards including 'Best Regulated Forex Broker' in 2024. Trade over 250 instruments across a wide range of asset classes on MT4/5 or cTrader. This broker accepts all trading styles.


4.3 / 5

Broker 3

Your capital is at risk.

Trade CFDs on over 250 instruments with high leverage and low spreads through J**************. This broker accepts all trading styles and Expert Advisors on MetaTrader 4 and 5.



4.8 / 5

Broker 1

Trade over 1,000 instruments on flexible leverage up to 1:500 on the MT4/5 and cTrader platforms. F************ is a true ECN broker and accepts all trading styles without restrictions.

  • Likes
  • Flexible leverage up to 1:500.
  • Trade over 1,000 financial instruments.
  • Trade on MT4/5, cTrader or TradingView without restrictions.
  • Copy trading service is available.
  • Customer support is available 24/7.
  • Dislikes
  • No TradingView integration is available for now.
  • No investor compensation fund in the event of bankruptcy.
Our take on F*********

Enjoy low spreads and reliable trading conditions at all times with this award-winning broker. Open a Standard account to trade without commission, or a Raw account if you prefer to trade on raw spreads.

Access over 1,000 markets through MT4, MT5, cTrader and more recently TradingView. You'll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros, Aussie dollars and other currencies. You can also go long or short on stocks and government bonds through over 40 ETFs.

Its free educational content also sets it apart from the competition. Get access to trading signals from Trading Signal and Autochartist as soon as you fund your account. You'll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books.

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4.6 / 5

Broker 2

79.28% of retail CFD accounts lose money

F******** is a global broker, winner of 110+ awards including 'Best Regulated Forex Broker' in 2024. Trade over 250 instruments across a wide range of asset classes on MT4/5 or cTrader. This broker accepts all trading styles.

  • Likes
  • CFDs on 250+ instruments.
  • FxPro accepts all trading styles on MT4/5 and cTrader.
  • Trade on fixed or floating spreads, with or without commission.
  • Many deposit methods, including crypto and broker-to-broker transfers.
  • Get daily trading signals from Trading Central.
  • Dislikes
  • You cannot trade CFDs on ETFs or government bonds.
  • Copy trading isn't available.
Our take on F****

It's hard to find fault with F****, a regulated broker with a 20-year track record of success.

If you are new to trading, open a Standard account from a low $100 deposit. You'll enjoy a predictable trading environment with fixed, albeit wider, spreads.

And as you gain experience, you could turn to turn to its Raw account for razor-thin floating spreads and low commissions. This account requires a $1,000 minimum deposit.

The educational content available on F******** also caught our attention. You'll find learning paths for both beginners and advanced users, in the form of online courses, video tutorials and webinars.

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4.3 / 5

Broker 3

Your capital is at risk.

Trade CFDs on over 250 instruments with high leverage and low spreads through J**************. This broker accepts all trading styles and Expert Advisors on MetaTrader 4 and 5.

  • Likes
  • Flexible leverage up to 1:3000.
  • All trading strategies and EAs are allowed on MT4/5.
  • You can also trade on raw spreads, plus commission.
  • No fees on deposits or withdrawals.
  • Dislikes
  • No access to an investor compensation fund as this broker is incorporated in the Seychelles.
  • Bank withdrawals in some countries can be unreliable.
Our take on J**********

J************** offers trading accounts for traders both new and experienced. Its Standard and Standard Cent accounts, designed with beginners in mind, have a low US$10 minimum deposit. Its Pro and Raw Spread accounts will appeal to day traders and scalpers.

We like that it supports a wide range of account currencies: USD, EUR, GBP, JPY, MYR, IDR, THB, VND, KWD, CNY, and even ZAR. If possible, open a trading account in your currency to avoid currency conversion fees. In addition, it charges no fees on deposits or withdrawals.

Our withdrawals have generally been processed swiftly. However, our first bank withdrawal took several weeks because of an error by its payment provider. During that period, customer support was slow to respond and acknowledge the underlying problem.

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Brokers that accept ZAR

FP Markets

With FP Markets, you can open a trading account in one of over 10 base currencies, including the South African rand. Fund your ZAR trading account instantly through mybux, a payment system available in over 20 African countries. FP Markets will even cover your deposit fees. Visit F************ to start trading today.

JustMarkets

If you live in South Africa, you could also open an ZAR trading account with JustMarkets and fund it in rand. JustMarkets accepts EFT payments and Neteller, and charges no fees on deposits or withdrawals. Create a free account on J************** to see all funding options available to you.

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Author

About the author

I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.

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