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 4/5 $200 /€ ≤500:1 • EEA ≤30:1 Review
3  RoboForex 3/5 $10 / 0.001₿ $10 / 0.001₿ ≤2000:1 Review
4  XM Group 4/5 $5 /€ $30 /€ 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  LiteFinance 3/5 $10 /€ ≤1000:1 Review
8  FBS 3/5 $1 /€ ≤3000:1 • EEA ≤30:1 $70 Residents within EEA are not eligible for this bonus Review
9  FxPro 3/5 $100 /€ ≤1000:1 • EEA ≤30:1 Review
10  Deriv 4/5 $5 /€ ≤1000:1 • EEA ≤30:1 Review
11 Fortrade 2/5 $100 /€ $100 /€ ≤200:1 • EEA ≤30:1 Review
12  admirals 3/5 $1 /€ ≤500:1 • EEA ≤30:1 $100 Residents within EEA are not eligible for this bonus Review
13  InstaForex 3/5 $1 /€ ≤1000:1 $500 Review
14  FXOpen 2/5 $1 / 0.0001₿ $100 / 0.01₿ ≤500:1 $10 Review
15 IronFX 2/5 $100 /€ $100 /€ ≤1000:1 Review
16 HFM 3/5 ≤1000:1 Review
17  AvaTrade 3/5 $100 /€ ≤400:1 • EEA ≤30:1 Review
18  OctaFx 4/5 $50 /€ $100 /€ ≤500:1 Review
19  LQD 2/5 $20 ≤500:1 Review
20 FX Choice 2/5 $10 / 0.001₿ $100 / 0.01₿ ≤1000:1 $30 Residents within EEA are not eligible for this bonus Review
21 TradersWay 2/5 $1 /€ $10 /€ ≤1000:1 Review
22 Trading212 3/5 $150 /€ ≤20:1 • EEA ≤30:1 Review
23  FreshForex 2/5 $1 /€ $1 /€ ≤2000:1 $2021 Review
24  FP Markets 2/5 $100 $100 ≤500:1 Review
25  NordFX 2/5 $5 /€ $1000 /€ ≤1000:1 Review
26  IQ Option 4/5 Review
27  FiboGroup 2/5 $1 /€ $50 /€ ≤1000:1 Review
28  ForexChief 2/5 $10 /€ ≤1000:1 $100 Review
29 FxGlory 2/5 $1 ≤3000:1 Review
30 SuperForex 2/5 $1 /€ ≤2000:1 $88 Review
31  FXTM 3/5 $50 /€ $500 /€ Review
32  Axi 2/5 $1 /€ ≤400:1 • EEA ≤30:1 Review
33 IFC Markets 2/5 $1000 /€ ≤400:1 Review
34 BlackBull Markets 2/5 $1 /€ ≤500:1 Review
35  EagleFX 2/5 $10 ≤500:1 Review
36  Weltrade 2/5 $25 /€ ≤1000:1 Review
37 NPBFX 2/5 $10 /€ ≤1000:1 Review
38  GrandCapital 2/5 $10 /€ $500 /€ ≤500:1 Review
39 HYCM 2/5 $100 /€ ≤30:1 Review
40 LMFX 2/5 $10 /€ ≤1000:1 Review
41 ThinkMarkets 2/5 $1 /€ $500 /€ Review
42  Eightcap 3/5 $100 /€ ≤500:1 Review
43 SimpleFX 3/5 $1 / 0.0001₿ ≤500:1 Review
44 N1CM 2/5 $5 ≤1000:1 Review
45  ForexMart 2/5 $15 /€ ≤3000:1 Review
46  Forexee 2/5 $50 /€ $200 /€ ≤500:1 $15 Review
47 Land-FX 2/5 $300 /€ $2000 /€ ≤500:1 Review
48  Orbex 2/5 $200 /€ $500 /€ ≤500:1 Review
49  worldforex 2/5 $1 /€ ≤1000:1 $10 /€ Review
50  Amega 2/5 $20 ≤1000:1 Review
51 Coinexx 2/5 0.001₿ ≤500:1 Review
52 Globex360 2/5 $100 /€ ≤500:1 Review
53  ActivTrades 2/5 $10 /€ ≤200:1 • EEA ≤30:1 Review
54 easyMarkets 2/5 $100 /€ ≤400:1 • EEA ≤30:1 Review
55 FXGiants 2/5 $100 /€ $200 /€ ≤1000:1 • EEA ≤30:1 Review
56 HF Markets 2/5 $50 /€ ≤30:1 Review
57 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 4/5
Minimum Deposit $200 /€
Leverage ≤500:1 • EEA ≤30:1
MT4
MT5

Popularity 3/5
Minimum Deposit $10 / 0.001₿
ECN $10 / 0.001₿ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5

Popularity 4/5
Minimum Deposit $5 /€
MT4
MT5
Bonus $30 /€ Residents within EEA 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 $10 /€
Leverage ≤1000:1
MT4
MT5

Popularity 3/5
Minimum Deposit $1 /€
Leverage ≤3000:1 • EEA ≤30:1
MT4
MT5
Bonus $70 Residents within EEA are not eligible for this bonus

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

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

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

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

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

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

16
Review
Popularity 3/5
Leverage ≤1000:1
MT4
MT5

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

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

19
Review
Popularity 2/5
Minimum Deposit $20
Leverage ≤500:1
MT4
MT5

Popularity 2/5
Minimum Deposit $10 / 0.001₿
ECN $100 / 0.01₿ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5
Bonus $30 Residents within EEA are not eligible for this bonus

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

Popularity 3/5
Minimum Deposit $150 /€
Leverage ≤20:1 • EEA ≤30:1
MT4
MT5

Popularity 2/5
Minimum Deposit $1 /€
ECN $1 /€ (Min. Deposit)
Leverage ≤2000:1
MT4
MT5
Bonus $2021

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

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

Popularity 4/5
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
Bonus $100

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

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

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

32
Review
Popularity 2/5
Minimum Deposit $1 /€
Leverage ≤400:1 • EEA ≤30:1
MT4
MT5

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

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

39
Review
Popularity 2/5
Minimum Deposit $100 /€
Leverage ≤30:1
MT4
MT5

40
Review
Popularity 2/5
Minimum Deposit $10 /€
Leverage ≤1000:1
MT4
MT5

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

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

Popularity 3/5
Minimum Deposit $1 / 0.0001₿
Leverage ≤500:1
MT4
MT5

44
Review
Popularity 2/5
Minimum Deposit $5
Leverage ≤1000:1
MT4
MT5

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

Popularity 2/5
Minimum Deposit $50 /€
ECN $200 /€ (Min. Deposit)
Leverage ≤500:1
MT4
MT5
Bonus $15

Popularity 2/5
Minimum Deposit $300 /€
ECN $2000 /€ (Min. Deposit)
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 $1 /€
Leverage ≤1000:1
MT4
MT5
Bonus $10 /€

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

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

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

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

Popularity 2/5
Minimum Deposit $50 /€
Leverage ≤30:1
MT4
MT5

57
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 ·