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.

Risk Warning: Your capital is at risk. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please be advised that certain brokers, products, bonus and/or leverage may not be available for traders from some countries due to legal restrictions.

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Popularity Minimum Deposit
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ECN (Min. Deposit)
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Leverage
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MT4 MT5 Bonus
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Review
1  Exness 5/5 $1 / 0.0001₿ $10 / 0.001₿ ≤2000:1 Review
2  RoboForex 4/5 $10 /€ $10 /€ ≤2000:1 Review
3  IC Markets 4/5 $200 /€ ≤500:1 Review
4  XM Group 4/5 $5 /€ ≤6000:1 • EEA ≤30:1 $50 /€ Residents within EEA are not eligible for this bonus Review
5  LiteFinance 3/5 $10 /€ ≤1000:1 Review
6  JustMarkets 3/5 $1 /€ $100 /€ ≤3000:1 $30 Residents within EEA are not eligible for this bonus Review
7  FBS 3/5 $5 /€ ≤3000:1 • EEA ≤30:1 Review
8  Deriv 4/5 $5 /€ ≤1000:1 • EEA ≤30:1 Review
9  Alpari 3/5 $200 /€ $300 /€ ≤1000:1 Review
10 IC Trading 2/5 $200 /€ ≤500:1 Review
11  FxPro 3/5 $100 /€ Review
12  admirals 3/5 $1 /€ ≤500:1 • EEA ≤30:1 Review
13  AvaTrade 3/5 $100 /€ ≤400:1 • EEA ≤30:1 Review
14 HFM 3/5 ≤2000:1 Review
15  LQDfx 2/5 $20 /€ ≤1000:1 Review
16 IronFX 2/5 $100 /€ $100 /€ ≤1000:1 Review
17  FP Markets 3/5 $100 $100 ≤500:1 Review
18  OctaFx 4/5 $50 /€ $100 /€ ≤500:1 Review
19  FreshForex 2/5 $10 / 0.001₿ $10 / 0.001₿ ≤2000:1 $2024 Review
20  InstaForex 3/5 $1 /€ ≤1000:1 $500 Review
21 BlackBull Markets 2/5 $1 /€ ≤500:1 Review
22 Fortrade 3/5 $100 /€ $100 /€ ≤200:1 • EEA ≤30:1 Review
23 FxGlory 2/5 $1 ≤3000:1 Review
24  FXOpen 2/5 $1 / 0.0001₿ $100 / 0.01₿ ≤500:1 $10 Review
25  IQ Option 4/5 Review
26  xChief 2/5 $10 /€ ≤1000:1 $100 Review
27  FXTM 3/5 $50 /€ $500 /€ Review
28  ActivTrades 2/5 $10 /€ ≤200:1 • EEA ≤30:1 Review
29 ThinkMarkets 3/5 $1 /€ $500 /€ Review
30  Amega 2/5 $20 ≤1000:1 Review
31 TradersWay 2/5 $1 /€ $10 /€ ≤1000:1 Review
32 IFC Markets 2/5 $1000 /€ ≤400:1 Review
33  NordFX 2/5 $5 /€ $1000 /€ ≤1000:1 Review
34  FiboGroup 2/5 $1 /€ $50 /€ ≤3000:1 Review
35 LMFX 2/5 $10 /€ ≤1000:1 Review
36  GrandCapital 2/5 $10 /€ $500 /€ ≤500:1 Review
37  Axi 3/5 $1 /€ ≤400:1 • EEA ≤30:1 Review
38  EagleFX 2/5 $10 ≤500:1 Review
39  Weltrade 2/5 $25 /€ ≤1000:1 Review
40  Eightcap 3/5 $100 /€ ≤500:1 Review
41 HYCM 2/5 $20 /€ ≤30:1 Review
42 Land Prime 2/5 $300 /€ $2000 /€ ≤500:1 Review
43 SimpleFX 2/5 $1 / 0.0001₿ ≤500:1 Review
44 NPBFX 2/5 $10 /€ ≤1000:1 Review
45  worldforex 2/5 $1 /€ ≤1000:1 $10 /€ Residents within EEA are not eligible for this bonus Review
46  ForexMart 2/5 $15 /€ ≤3000:1 Review
47 Coinexx 2/5 0.001₿ ≤500:1 Review
48  Orbex 2/5 $200 /€ $500 /€ ≤500:1 Review
49 easyMarkets 2/5 $100 /€ ≤400:1 • EEA ≤30:1 Review
50 N1CM 2/5 $5 ≤1000:1 Review
Popularity 5/5
Minimum Deposit $1 / 0.0001₿
ECN $10 / 0.001₿ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5

Popularity 4/5
Minimum Deposit $10 /€
ECN $10 /€ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5

Popularity 4/5
Minimum Deposit $200 /€
Leverage ≤500:1
MT4
MT5

Popularity 4/5
Minimum Deposit $5 /€
Leverage ≤6000:1 • EEA ≤30:1
MT4
MT5
Bonus $50 /€ Residents within EEA are not eligible for this bonus Residents within Australia are not eligible for this bonus

Popularity 3/5
Minimum Deposit $10 /€
Leverage ≤1000:1
MT4
MT5

Popularity 3/5
Minimum Deposit $1 /€
ECN $100 /€ (Min. Deposit)
Leverage ≤3000:1
MT4
MT5
Bonus $30 Residents within EEA are not eligible for this bonus

Popularity 3/5
Minimum Deposit $5 /€
Leverage ≤3000:1 • EEA ≤30:1
MT4
MT5

Popularity 4/5
Minimum Deposit $5 /€
Leverage ≤1000:1 • EEA ≤30:1
MT4
MT5

Popularity 3/5
Minimum Deposit $200 /€
ECN $300 /€ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $200 /€
Leverage ≤500:1
MT4
MT5

Popularity 3/5
Minimum Deposit $100 /€
MT4
MT5

Popularity 3/5
Minimum Deposit $1 /€
Leverage ≤500:1 • EEA ≤30:1
MT4
MT5

Popularity 3/5
Minimum Deposit $100 /€
Leverage ≤400:1 • EEA ≤30:1
MT4
MT5

14
Review
Popularity 3/5
Leverage ≤2000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $20 /€
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $100 /€
ECN $100 /€ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Popularity 3/5
Minimum Deposit $100
ECN $100 (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Popularity 4/5
Minimum Deposit $50 /€
ECN $100 /€ (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $10 / 0.001₿
ECN $10 / 0.001₿ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5
Bonus $2024

Popularity 3/5
Minimum Deposit $1 /€
Leverage ≤1000:1
MT4
MT5
Bonus $500

Popularity 2/5
Minimum Deposit $1 /€
Leverage ≤500:1
MT4
MT5

Popularity 3/5
Minimum Deposit $100 /€
ECN $100 /€ (Min. Deposit)
Leverage ≤200:1 • EEA ≤30:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1
Leverage ≤3000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1 / 0.0001₿
ECN $100 / 0.01₿ (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Bonus $10

Popularity 4/5
MT4
MT5

Popularity 2/5
Minimum Deposit $10 /€
Leverage ≤1000:1
MT4
MT5
Bonus $100

Popularity 3/5
Minimum Deposit $50 /€
ECN $500 /€ (Min. Deposit)
MT4
MT5

Popularity 2/5
Minimum Deposit $10 /€
Leverage ≤200:1 • EEA ≤30:1
MT4
MT5

Popularity 3/5
Minimum Deposit $1 /€
ECN $500 /€ (Min. Deposit)
MT4
MT5

Popularity 2/5
Minimum Deposit $20
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1 /€
ECN $10 /€ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1000 /€
Leverage ≤400:1
MT4
MT5

Popularity 2/5
Minimum Deposit $5 /€
ECN $1000 /€ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1 /€
ECN $50 /€ (Min. Deposit)
Leverage ≤3000:1
MT4
MT5

35
Review
Popularity 2/5
Minimum Deposit $10 /€
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $10 /€
ECN $500 /€ (Min. Deposit)
Leverage ≤500:1
MT4
MT5

37
Review
Popularity 3/5
Minimum Deposit $1 /€
Leverage ≤400:1 • EEA ≤30:1
MT4
MT5

Popularity 2/5
Minimum Deposit $10
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $25 /€
Leverage ≤1000:1
MT4
MT5

Popularity 3/5
Minimum Deposit $100 /€
Leverage ≤500:1
MT4
MT5

41
Review
Popularity 2/5
Minimum Deposit $20 /€
Leverage ≤30:1
MT4
MT5

Popularity 2/5
Minimum Deposit $300 /€
ECN $2000 /€ (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1 / 0.0001₿
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $10 /€
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1 /€
Leverage ≤1000:1
MT4
MT5
Bonus $10 /€ Residents within EEA are not eligible for this bonus

Popularity 2/5
Minimum Deposit $15 /€
Leverage ≤3000:1
MT4
MT5

Popularity 2/5
Minimum Deposit 0.001₿
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $200 /€
ECN $500 /€ (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $100 /€
Leverage ≤400:1 • EEA ≤30:1
MT4
MT5

50
Review
Popularity 2/5
Minimum Deposit $5
Leverage ≤1000:1
MT4
MT5


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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.


Risk Warning: Investments involve a high level of risk. It is possible to lose all your capital. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

The information on this site is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation and is not directed at residents of: Australia · Belgium · Canada · Spain · France · Israel · Japan · Latvia · New Zealand · Portugal · Turkey · United States ·