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

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

Popularity 4/5
Minimum Deposit $200 /€
Leverage ≤500:1 • EEA ≤30:1
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 $5 /€
Leverage ≤3000:1 • EEA ≤30:1
MT4
MT5

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

Popularity 3/5
Minimum Deposit $200 /€
ECN $300 /€ (Min. Deposit)
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 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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

34
Review
Popularity 2/5
Minimum Deposit $10 /€
Leverage ≤1000:1
MT4
MT5

35
Review
Popularity 3/5
Minimum Deposit $1 /€
Leverage ≤400:1 • EEA ≤30:1
MT4
MT5

Popularity 3/5
MT4
MT5

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

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

39
Review
Popularity 2/5
Minimum Deposit $20 /€
Leverage ≤30:1
MT4
MT5

40
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 /€
Leverage ≤1000:1
MT4
MT5
Bonus $10 /€ Residents within EEA are not eligible for this bonus

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

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

Popularity 2/5
Minimum Deposit $10 /€
Leverage ≤1000:1
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 $20
Leverage ≤1000:1
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


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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 ·