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Compare Online Brokers

3 brokers (out of 12 in South Africa)

HYCM

$100 min. deposit

1:500 leverage

Visit HYCM ▷

85% of retail CFD accounts lose money

Updated Sep 2024

Exness

$100 min. deposit

1:500 leverage

Visit Exness ▷

Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.

Updated Apr 2025

RoboForex

$10 min. deposit

1:500 leverage

Visit RoboForex ▷

58.42% of retail CFD accounts lose money

Updated Sep 2024

  • Overall
    4.2 / 5
  • Markets
    5.0 / 5
  • Trading environment
    3.8 / 5
  • Deposits and withdrawals
    4.4 / 5
  • Investor protection
    3.8 / 5
  • Customer service
    4.0 / 5
  • Likes
  • Trade CFDs or invest in over 1,000 "real" stocks.
  • Trade on MetaTrader 4 or MetaTrader 5.
  • Get free signals from Trading Central.
  • Open a trading account in USD, EUR, GBP, CAD and AED.
  • Dislikes
  • Trading fees on its Fixed and Classic accounts are a little high.
  • Monthly inactivity fees apply after 90 days.
  • Copy trading isn't possible.
  • Overall
    4.3 / 5
  • Markets
    3.8 / 5
  • Trading environment
    4.0 / 5
  • Deposits and withdrawals
    5.0 / 5
  • Investor protection
    3.8 / 5
  • Customer service
    4.7 / 5
  • Likes
  • CFDs on 96 Forex pairs.
  • Swap-free trading is available across most instruments.
  • Wide range of trading conditions, including raw spreads.
  • Instant withdrawals in a wide range of currencies.
  • Customer support available on a 24/7 basis.
  • Dislikes
  • No access to a compensation fund in the event of bankruptcy.
  • No CFDs on agricultural commodities, ETFs or government bonds.
  • Overall
    4.1 / 5
  • Markets
    5.0 / 5
  • Trading environment
    4.5 / 5
  • Deposits and withdrawals
    3.9 / 5
  • Investor protection
    3.2 / 5
  • Customer service
    3.8 / 5
  • Likes
  • Access 12,000 instruments, including real stocks.
  • Start trading in minutes without ID verification.
  • Enjoy negative balance protection.
  • Dislikes
  • RoboForex is only regulated in Belize.
  • Withdrawal fees across most funding methods.

Easily navigate this review:

Markets
▲ Top
Asset classes (#)Visit HYCM Visit Exness Visit RoboForex
Forex (CFD)679640
Cryptos (CFD)*28933
Stocks (CFD)151988400
Stocks10803000
Indices (CFD)271010
ETFs (CFD)1000
Metals (CFD)13420
Energy (CFD)334
Commodities (CFD)4100

* Availability is subject to local laws and regulations.

Trading environment
▲ Top
PlatformsVisit HYCM Visit Exness Visit RoboForex
MT4
MT5
Copy trading
Other platformsR StocksTrader
Deposits and withdrawals
▲ Top
Deposits and withdrawals (Fiat)Visit HYCM Visit Exness Visit RoboForex
Bank transfer
Credit card
Debit card
AdvCash
ApplePay
AstroPay
China UnionPay
GooglePay
NETELLER *
Ngân Lượng
Perfect Money
Skrill *
STICPAY
WebMoney
Western Union
2c2p
Deposits and withdrawals (Crypto)Visit HYCM Visit Exness Visit RoboForex
Binance Pay
BTC (Bitcoin)
USDC (Circle)
USDT (Tether)
Account base currenciesVisit HYCM Visit Exness Visit RoboForex
AED
ARS
AUD
AZN
BDT
BHD
BND
BRL
BTC
CAD
CHF
CNY
EGP
ETH
EUR
GBP
GHS
HKD
HUF
IDR
INR
JOD
JPY
KES
KRW
KWD
KZT
MAD
MXN
MYR
NGN
NZD
OMR
PHP
PKR
QAR
SAR
SGD
THB
UAH
UGX
USD
USDT
UZS
VND
XOF
ZAR
Gold
Investor protection
▲ Top
Regulated entitiesVisit HYCM Visit Exness Visit RoboForex
Belize
BVI
Cayman Islands
Curaçao
Cyprus (EU)
Jordan
Kenya
Mauritius
Seychelles
South Africa
St. Vincent & the Grenadines
UAE
UK
HYCM

Visit HYCM ▷

85% of retail CFD accounts lose money
Exness

Visit Exness ▷

Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.
RoboForex

Visit RoboForex ▷

58.42% of retail CFD accounts lose money