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 /€ ≤200:1 • 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 Pepperstone 3/5 $10 /€ $10 /€ ≤500:1 • EEA ≤30:1 Review
13 admirals 3/5 $1 /€ ≤500:1 • EEA ≤30:1 $100 Residents within EEA are not eligible for this bonus Review
14 InstaForex 3/5 $1 /€ ≤1000:1 $500 Review
15 FXOpen 2/5 $1 / 0.0001₿ $100 / 0.01₿ ≤500:1 $10 Review
16 IronFX 2/5 $100 /€ $100 /€ ≤1000:1 Review
17 HFM 3/5 ≤1000:1 $35 Residents within EEA are not eligible for this bonus Review
18 AvaTrade 3/5 $100 /€ ≤400:1 • EEA ≤30:1 Review
19 OctaFx 4/5 $50 /€ $100 /€ ≤500:1 Review
20 LQDFX 2/5 $20 ≤500:1 Review
21 FX Choice 2/5 $10 / 0.001₿ $100 / 0.01₿ ≤1000:1 $30 Residents within EEA are not eligible for this bonus Review
22 TradersWay 2/5 $1 /€ $10 /€ ≤1000:1 Review
23 Trading212 3/5 $150 /€ ≤20:1 • EEA ≤30:1 Review
24 FreshForex 2/5 $1 /€ $1 /€ ≤2000:1 $2021 Review
25 FP Markets 2/5 $100 $100 ≤500:1 Review
26 NordFX 2/5 $5 /€ $1000 /€ ≤1000:1 Review
27 IQ Option 4/5 Review
28 FiboGroup 2/5 $1 /€ $50 /€ ≤1000:1 Review
29 ForexChief 2/5 $10 /€ ≤1000:1 $100 Review
30 FxGlory 2/5 $1 ≤3000:1 Review
31 SuperForex 2/5 $1 /€ ≤2000:1 $88 Review
32 FXTM 3/5 $50 /€ $500 /€ Review
33 Axi 2/5 $1 /€ ≤400:1 • EEA ≤30:1 Review
34 IFC Markets 2/5 $1000 /€ ≤400:1 Review
35 BlackBull Markets 2/5 $1 /€ ≤500:1 Review
36 EagleFX 2/5 $10 ≤500:1 Review
37 Weltrade 2/5 $25 /€ ≤1000:1 Review
38 NPBFX 2/5 $10 /€ ≤1000:1 Review
39 GrandCapital 2/5 $10 /€ $500 /€ ≤500:1 Review
40 HYCM 2/5 $100 /€ ≤30:1 Review
41 LMFX 2/5 $10 /€ ≤1000:1 Review
42 ThinkMarkets 2/5 $1 /€ $500 /€ Review
43 Eightcap 3/5 $100 /€ ≤500:1 Review
44 SimpleFX 3/5 $1 / 0.0001₿ ≤500:1 Review
45 NumberOne CM 2/5 $5 ≤1000:1 Review
46 ForexMart 2/5 $15 /€ ≤3000:1 Review
47 Forexee 2/5 $50 /€ $200 /€ ≤500:1 $15 Review
48 Land-FX 2/5 $300 /€ $2000 /€ ≤500:1 Review
49 Orbex 2/5 $200 /€ $500 /€ ≤500:1 Review
50 worldforex 2/5 $1 /€ ≤1000:1 $10 /€ Review
51 Amega 2/5 $20 ≤1000:1 Review
52 Coinexx 2/5 0.001₿ ≤500:1 Review
53 Globex360 2/5 $100 /€ ≤500:1 Review
54 ActivTrades 2/5 $10 /€ ≤200:1 • EEA ≤30:1 Review
55 easyMarkets 2/5 $100 /€ ≤400:1 • EEA ≤30:1 Review
56 FXGiants 2/5 $100 /€ $200 /€ ≤1000:1 • EEA ≤30:1 Review
57 HF Markets 2/5 $50 /€ ≤30:1 Review
58 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 ≤200:1 • 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 $10 /€
ECN $10 /€ (Min. Deposit)
Leverage ≤500:1 • 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

17
Review
Popularity 3/5
Leverage ≤1000:1
MT4
MT5
Bonus $35 Residents within EEA are not eligible for this bonus

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

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

33
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

40
Review
Popularity 2/5
Minimum Deposit $100 /€
Leverage ≤30:1
MT4
MT5

41
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

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

58
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 ·