Updated September 30, 2026 · BrokerCue Editorial Team

Top brokers in South Africa compared

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

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Top brokers in South Africa compared
#	Broker	Score	Key facts	Actions
1	PepperstoneTop pick	Not rated		Review Compare Visit
2	MC Prime	9.4/10	Stock trade fee: $0 Markets: Forex, CFDs, Crypto, and 1 more Regulators: CySEC, Financial Services Commission (Mauritius), Financial Services Authority (Seychelles)	Review Compare Visit
3	Nexo	9.0/10	Minimum deposit: $5,000 Markets: Crypto, Futures Regulators: Department of Financial Protection and Innovation, National Securities Commission (CNV) of the Argentine Republic, Companies Registry, and 2 more	Review Compare Visit
4	Simply Wall St	8.7/10	Free plan: Yes Free trial length: 7 days Tool type: Screener, Research, Portfolio-tracker	Review Compare Visit
5	The Best Prop	Not rated		Review Compare Visit
6	PropNext	8.6/10	Challenge price: €99 to €1,999 Profit split: 80% to 90% Maximum drawdown: 6% to 10%	Review Compare Visit
7	cTrader $50 off your first purchase: USD 50 off first purchase	8.9/10	Price from: $19 Free plan: Yes Tool type: Charting	Review Compare Visit
8	Instant Funding 30% off Clarity and Original - code IF30	9.0/10	Profit split: 80% to 90% Maximum drawdown: 10% Evaluation steps: Instant	Review Compare Visit
9	Silver Gold Bull	Not rated		Review Compare Visit
10	TWINO	Not rated		Review Compare Visit

Licensed in South Africa

Markets.com: FSCA
Exness: FSCA
VT Markets: FSCA
PSG Wealth Online Share Trading: FSCA (South Africa)
Old Mutual: Financial Sector Conduct Authority (FSCA)
Yellow Card: Financial Sector Conduct Authority (FSCA) - crypto licence per press