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  IC Markets 3/5 $200 /€ ≤500:1 • EEA ≤30:1 Review
3  RoboForex 3/5 $10 /€ $10 /€ ≤2000:1 Review
4  XM Group 4/5 $5 /€ ≤1000:1 • EEA ≤30:1 $50 /€ Residents within EEA are not eligible for this bonus Review
5  JustMarkets 3/5 $1 /€ $100 /€ ≤3000:1 $30 Residents within EEA are not eligible for this bonus Review
6  Alpari 3/5 $200 /€ $300 /€ ≤1000:1 Review
7  FBS 3/5 $1 /€ ≤3000:1 • EEA ≤30:1 Review
8  LiteFinance 3/5 $10 /€ ≤1000:1 Review
9  Deriv 4/5 $5 /€ ≤1000:1 • EEA ≤30:1 Review
10  FxPro 3/5 $100 /€ ≤1000:1 • EEA ≤30:1 Review
11  admirals 3/5 $1 /€ ≤500:1 • EEA ≤30:1 $100 Residents within EEA are not eligible for this bonus Review
12 HFM 3/5 ≤2000:1 Review
13 Fortrade 3/5 $100 /€ $100 /€ ≤200:1 • EEA ≤30:1 Review
14  FXOpen 2/5 $1 / 0.0001₿ $100 / 0.01₿ ≤500:1 $10 Review
15  OctaFx 3/5 $50 /€ $100 /€ ≤500:1 Review
16 FX Choice 2/5 $10 / 0.001₿ $100 / 0.01₿ ≤1000:1 Review
17  FP Markets 3/5 $100 $100 ≤500:1 Review
18  FreshForex 2/5 $1 / 0.0001₿ $1 / 0.0001₿ ≤2000:1 $99 Review
19 IronFX 2/5 $100 /€ $100 /€ ≤1000:1 Review
20  InstaForex 3/5 $1 /€ ≤1000:1 $500 Review
21 ThinkMarkets 2/5 $1 /€ $500 /€ Review
22 SuperForex 2/5 $1 /€ ≤2000:1 $88 Review
23  AvaTrade 3/5 $100 /€ ≤400:1 • EEA ≤30:1 Review
24 FxGlory 2/5 $1 ≤3000:1 Review
25  LQDfx 2/5 $20 /€ ≤1000:1 Review
26 BlackBull Markets 2/5 $1 /€ ≤500:1 Review
27 IFC Markets 2/5 $1000 /€ ≤400:1 Review
28  Weltrade 2/5 $25 /€ ≤1000:1 Review
29 TradersWay 2/5 $1 /€ $10 /€ ≤1000:1 Review
30  ForexChief 2/5 $10 /€ ≤1000:1 $100 Review
31  ActivTrades 3/5 $10 /€ ≤200:1 • EEA ≤30:1 Review
32  NordFX 2/5 $5 /€ $1000 /€ ≤1000:1 Review
33 LMFX 2/5 $10 /€ ≤1000:1 Review
34  FXTM 3/5 $50 /€ $500 /€ Review
35  EagleFX 2/5 $10 ≤500:1 Review
36  GrandCapital 2/5 $10 /€ $500 /€ ≤500:1 Review
37  IQ Option 3/5 Review
38  FiboGroup 2/5 $1 /€ $50 /€ ≤1000:1 Review
39 NPBFX 2/5 $10 /€ ≤1000:1 Review
40  Eightcap 3/5 $100 /€ ≤500:1 Review
41 HYCM 2/5 $20 /€ ≤30:1 Review
42  Axi 2/5 $1 /€ ≤400:1 • EEA ≤30:1 Review
43  ForexMart 2/5 $15 /€ ≤3000:1 Review
44 N1CM 2/5 $5 ≤1000:1 Review
45 Land-FX 2/5 $300 /€ $2000 /€ ≤500:1 Review
46 SimpleFX 2/5 $1 / 0.0001₿ ≤500:1 Review
47  worldforex 2/5 $1 /€ ≤1000:1 $10 /€ Residents within EEA are not eligible for this bonus Review
48  Amega 2/5 $20 ≤1000:1 Review
49  Orbex 2/5 $200 /€ $500 /€ ≤500:1 Review
50 Coinexx 2/5 0.001₿ ≤500:1 Review
51  Forexee 2/5 $50 /€ $200 /€ ≤500:1 Review
52 Globex360 2/5 $100 /€ ≤500:1 Review
53 easyMarkets 2/5 $100 /€ ≤400:1 • EEA ≤30:1 Review
54 FXGiants 2/5 $100 /€ $200 /€ ≤1000:1 • EEA ≤30:1 Review
55 NSFX 2/5 $300 /€ $3000 /€ ≤50:1 • EEA ≤30:1 Review
Popularity 5/5
Minimum Deposit $1 / 0.0001₿
ECN $10 / 0.001₿ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5

Popularity 3/5
Minimum Deposit $200 /€
Leverage ≤500:1 • EEA ≤30:1
MT4
MT5

Popularity 3/5
Minimum Deposit $10 /€
ECN $10 /€ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5

Popularity 4/5
Minimum Deposit $5 /€
Leverage ≤1000:1 • 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 $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 $200 /€
ECN $300 /€ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

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

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

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

Popularity 3/5
Minimum Deposit $100 /€
Leverage ≤1000:1 • EEA ≤30:1
MT4
MT5

Popularity 3/5
Minimum Deposit $1 /€
Leverage ≤500:1 • EEA ≤30:1
MT4
MT5
Bonus $100 Residents within EEA are not eligible for this bonus

12
Review
Popularity 3/5
Leverage ≤2000:1
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 / 0.0001₿
ECN $100 / 0.01₿ (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Bonus $10

Popularity 3/5
Minimum Deposit $50 /€
ECN $100 /€ (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $10 / 0.001₿
ECN $100 / 0.01₿ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

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

Popularity 2/5
Minimum Deposit $1 / 0.0001₿
ECN $1 / 0.0001₿ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5
Bonus $99

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

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

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

Popularity 2/5
Minimum Deposit $1 /€
Leverage ≤2000:1
MT4
MT5
Bonus $88

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

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

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

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

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

Popularity 2/5
Minimum Deposit $25 /€
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 $10 /€
Leverage ≤1000:1
MT4
MT5
Bonus $100

Popularity 3/5
Minimum Deposit $10 /€
Leverage ≤200:1 • EEA ≤30:1
MT4
MT5

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

33
Review
Popularity 2/5
Minimum Deposit $10 /€
Leverage ≤1000:1
MT4
MT5

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

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

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

Popularity 3/5
MT4
MT5

Popularity 2/5
Minimum Deposit $1 /€
ECN $50 /€ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

Popularity 2/5
Minimum Deposit $10 /€
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

42
Review
Popularity 2/5
Minimum Deposit $1 /€
Leverage ≤400:1 • EEA ≤30:1
MT4
MT5

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

44
Review
Popularity 2/5
Minimum Deposit $5
Leverage ≤1000:1
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 $1 /€
Leverage ≤1000:1
MT4
MT5
Bonus $10 /€ Residents within EEA are not eligible for this bonus

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

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

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

Popularity 2/5
Minimum Deposit $50 /€
ECN $200 /€ (Min. Deposit)
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $100 /€
Leverage ≤500:1
MT4
MT5

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

Popularity 2/5
Minimum Deposit $100 /€
ECN $200 /€ (Min. Deposit)
Leverage ≤1000:1 • EEA ≤30:1
MT4
MT5

55
Review
Popularity 2/5
Minimum Deposit $300 /€
ECN $3000 /€ (Min. Deposit)
Leverage ≤50:1 • EEA ≤30:1
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 ·