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

Popularity 4/5
Minimum Deposit $10 /€
ECN $10 /€ (Min. Deposit)
Leverage ≤2000:1
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 4/5
Minimum Deposit $5 /€
Leverage ≤1000:1 • EEA ≤30:1
MT4
MT5

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

Popularity 3/5
Minimum Deposit $100 /€
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 $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 /€
Leverage ≤500:1 • EEA ≤30:1
MT4
MT5

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

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

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

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

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

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

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

Popularity 2/5
Minimum Deposit $1 /€
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 3/5
MT4
MT5

Popularity 2/5
Minimum Deposit $10 /€
Leverage ≤200:1 • EEA ≤30:1
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 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 3/5
Minimum Deposit $1 /€
ECN $500 /€ (Min. Deposit)
MT4
MT5

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

31
Review
Popularity 3/5
Minimum Deposit $1 /€
Leverage ≤400:1 • EEA ≤30:1
MT4
MT5

Popularity 3/5
Minimum Deposit $100 /€
Leverage ≤500:1
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 $10 /€ (Min. Deposit)
Leverage ≤1000:1
MT4
MT5

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

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

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

39
Review
Popularity 2/5
Minimum Deposit $10 /€
Leverage ≤1000:1
MT4
MT5

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

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

42
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 $10 /€
Leverage ≤1000:1
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 0.001₿
Leverage ≤500:1
MT4
MT5

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

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