Top Forex Brokers in Africa
Find a list of the best global Forex brokers online for traders in Africa. Those brokers are directed to african people, some brokers with offices in african countries and can offer local payments in african countries.
| # | Broker | Popularity | Bonus | Min. Deposit |
ECN (min. deposit) |
Leverage |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 |
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$200 | $2000 | ≤1:10000 | > Visit → | ||||||
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Exness is known for its transparency and unique trading conditions, such as instant withdrawals and flexible leverage. It offers stable spreads and specific account types with distinct margin features. Key features include tick history transparency, competitive transaction costs, and around-the-clock support. Designed for volume traders and those needing flexible margin conditions. |
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| 2 |
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$10 | ≤1:1000 | > Visit → | |||||||
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Deriv is a broker offering unique trade types and proprietary synthetic indices available 24/7. It provides a flexible suite of platforms for various trading styles. Key features include the ability to trade on weekends, a wide range of volatility indices, and low minimum stakes. Suitable for traders looking for unique market instruments and continuous opportunities. |
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| 3 |
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$30 | $5 | ≤1:1000 | > Visit → | ||||||
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XM is a global broker with a strict no-requotes policy. It offers a unified account structure. Key strengths include negative balance protection and active support. A reliable choice suitable for both new and experienced traders. |
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| 4 |
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$10 | ≤1:1000 | > Visit → | |||||||
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LiteFinance focuses on making ECN trading accessible, with an emphasis on social trading. Its platform integrates copy trading features. Key highlights include efficient withdrawal processing, low floating spreads, and a wide range of assets. Suitable for social traders and those valuing ease of transaction. |
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| 5 |
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$50 | $10 | $10 | ≤1:2000 | > Visit → | |||||
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FreshForex is a broker known for its flexible leverage and active trading conditions. It offers an environment suitable for scalping with fast execution speeds. Key features include efficient deposit processing and a wide array of asset pairs. Suitable for aggressive traders looking to maximize their margin utility. |
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| 6 |
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$10 | $500 | ≤1:500 | > Visit → | ||||||
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Grand Capital is a broker offering a mix of Forex and CFD services. It is known for its investment services and diverse account options. Key features include access to ECN accounts and various payment methods. Suitable for traders looking for a mix of investment services and trading variety. |
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Exness is known for its transparency and unique trading conditions, such as instant withdrawals and flexible leverage. It offers stable spreads and specific account types with distinct margin features. Key features include tick history transparency, competitive transaction costs, and around-the-clock support. Designed for volume traders and those needing flexible margin conditions.
| Popularity |
|
|---|---|
| Min. Deposit | $200 |
| ECN (min. deposit) | $2000 |
| Leverage | ≤1:10000 |
|
Platforms
✗
✓
✗
✓
|
|
Deriv is a broker offering unique trade types and proprietary synthetic indices available 24/7. It provides a flexible suite of platforms for various trading styles. Key features include the ability to trade on weekends, a wide range of volatility indices, and low minimum stakes. Suitable for traders looking for unique market instruments and continuous opportunities.
| Popularity |
|
|---|---|
| Min. Deposit | $10 |
| ECN | |
| Leverage | ≤1:1000 |
|
Platforms
✗
✗
✓
✓
|
|
XM is a global broker with a strict no-requotes policy. It offers a unified account structure. Key strengths include negative balance protection and active support. A reliable choice suitable for both new and experienced traders.
| Popularity |
|
|---|---|
| Min. Deposit | $5 |
| ECN | |
| Leverage | ≤1:1000 |
|
Platforms
✗
✓
✗
✓
|
|
| No Deposit Bonus | $30 → |
LiteFinance focuses on making ECN trading accessible, with an emphasis on social trading. Its platform integrates copy trading features. Key highlights include efficient withdrawal processing, low floating spreads, and a wide range of assets. Suitable for social traders and those valuing ease of transaction.
| Popularity |
|
|---|---|
| Min. Deposit | $10 |
| ECN | |
| Leverage | ≤1:1000 |
|
Platforms
✗
✓
✗
✓
|
|
FreshForex is a broker known for its flexible leverage and active trading conditions. It offers an environment suitable for scalping with fast execution speeds. Key features include efficient deposit processing and a wide array of asset pairs. Suitable for aggressive traders looking to maximize their margin utility.
| Popularity |
|
|---|---|
| Min. Deposit | $10 |
| ECN (min. deposit) | $10 |
| Leverage | ≤1:2000 |
|
Platforms
✗
✓
✗
✓
|
|
| No Deposit Bonus | $50 → |
Grand Capital is a broker offering a mix of Forex and CFD services. It is known for its investment services and diverse account options. Key features include access to ECN accounts and various payment methods. Suitable for traders looking for a mix of investment services and trading variety.
| Popularity |
|
|---|---|
| Min. Deposit | $10 |
| ECN (min. deposit) | $500 |
| Leverage | ≤1:500 |
|
Platforms
✗
✓
✗
✓
|
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Forex trading in Africa is a growing market, with more and more traders turning to the foreign exchange market. However, due to regulatory and infrastructure challenges, the forex trading industry in Africa is not as developed as in other regions. Despite this, many countries in Africa have a growing number of retail and institutional traders. In addition, online trading platforms have made it easier for traders in Africa to access the forex market, and many brokerages now offer services tailored to African traders.