Updated September 30, 2026 · BrokerCue Editorial Team

Top low-spread forex brokers compared in South Africa

127 brokers available in South Africa, ranked for South Africa.

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. How we rank

Top low-spread forex brokers compared in South Africa
#BrokerScoreFeaturesKey factsActions
1
MC Prime logo
MC PrimeTop pick
9.4/10
  • Experienced
  • Crypto
  • Commission free
Stock trade fee:
$0
Markets:
Forex, CFDs, Crypto, and 1 more
Regulators:
CySEC, Financial Services Commission (Mauritius), Financial Services Authority (Seychelles)
ReviewCompareVisit
2
CFI logo
CFI
9.6/10
  • Demo account
  • Commission free
Retail accounts that lose money:
66%
Minimum deposit:
$0
Markets:
Stocks, ETFs, Forex, and 2 more
ReviewCompareSee alternatives
3
Interactive Brokers logo
Interactive Brokers
9.6/10
  • Fractional shares
  • Commission free
Minimum deposit:
$0
Stock trade fee:
$0
Markets:
Bonds, ETFs, Forex, and 4 more
ReviewCompareSee alternatives
4
IG logo
IG
9.5/10
  • Demo account
  • Fractional shares
  • Commission free
Retail accounts that lose money:
69%
Stock trade fee:
£0
Account fee:
€0
ReviewCompareSee alternatives
5
Markets.com logo
Markets.com
9.5/10
  • Experienced
  • Crypto
  • Demo account
  • Commission free
Retail accounts that lose money:
72.4%
Minimum deposit:
$100
Stock trade fee:
$0
ReviewCompareSee alternatives
6
OANDA logo
OANDA
9.5/10
  • Demo account
Retail accounts that lose money:
72%
Minimum deposit:
$0
Markets:
Stocks, ETFs, Forex, and 3 more
ReviewCompareSee alternatives
7
ActivTrades logo
ActivTrades
9.4/10
  • Crypto
  • Demo account
  • Fractional shares
  • Commission free
Retail accounts that lose money:
84%
Minimum deposit:
$0
Stock trade fee:
$0
ReviewCompareSee alternatives
8
Exness logo
Exness
9.4/10
  • Commission free
Minimum deposit:
$10
Stock trade fee:
$0
Inactivity fee:
$0
ReviewCompareSee alternatives
9
Global Prime logo
Global Prime
9.4/10
  • Crypto
  • Demo account
  • Commission free
EUR/USD spread:
0.1%
Minimum deposit:
$0
Markets:
Stocks, ETFs, Forex, and 3 more
ReviewCompareSee alternatives
10
JustMarkets logo
JustMarkets
9.4/10
  • Demo account
  • Commission free
EUR/USD spread:
0.7%
Minimum deposit:
$10
Stock trade fee:
$0
ReviewCompareSee alternatives
MC Prime

MC Prime

Top pick for South Africa

9.4/10Visit