BetOnFinance Broker Review – Financial Betting in South Africa

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Best Forex Brokers in South Africa

Jay Hawk
Contributor, Benzinga

If you’re a resident of South Africa and would like to trade currencies, several online brokers have offices in South Africa and many other foreign brokers will also open accounts for traders who reside in the country.

When it comes to overseeing retail forex trading, South Africa has a decent regulatory environment. If you decide to use a foreign broker, do remember to check if it’s also properly regulated in its local jurisdiction. Not all forex brokerages are created equal, so make sure to think about your specific trading needs and make sure any broker you choose meets them before opening a forex trading account.

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Best Forex Brokers in South Africa:

  • Best Overall:
  • eToro
  • easyMarkets
  • FxPro
  • FXTM
  • FXCM
  • Saxo Bank
Table of contents [ Hide ]
Broker Best For Commissions Account Minimum Choose your platform
  • Forex traders located in the United States
  • MetaTrader 4 users
  • Beginner forex traders
  • Active forex traders
Spreads start as low as $1 But vary based on trading volume $250
1 Minute Review is a one-stop-shop for forex traders. With a massive range of tradable currencies, low account minimums and an impressive trading platform, is an excellent choice for brokers searching for a home base for their currency trading. New traders and seasoned veterans alike will love’s extensive education and research center that provides free, informative forex trading courses at multiple skill levels. While is impressive, remember that it isn’t a standard broker. You can’t invest in the stock or bond market through your and you cannot open an account with tax advantages. The confusing pricing and margin structures may also be overwhelming for new forex traders.

  • Impressive, easy-to-navigate platform
  • Wide range of education and research tools
  • Access to over 80 currencies to buy and sell
  • Leverage available up to 50:1
  • Cannot buy and sell other securities (like stocks and bonds)
  • Confusing margin requirements that vary by currency
  • Limited customer support options
  • Cannot open an IRA or other retirement account
Current Promotion

Currently no promotion

IG Group
  • New forex traders who are still learning the ropes
  • Traders who prefer a simple, clean interface
  • Forex traders who trade primarily on a tablet
$10 value per pip $0
1 Minute Review

IG is a comprehensive forex broker that offers full access to the currency market and support for over 80 currency pairs. The broker only offers forex trading to its U.S.-based customers, the brokerage does it spectacularly well. Novice traders will love IG’s intuitive mobile and desktop platforms, while advanced traders will revel in the platform’s selection of indicators and charting tools. Though IG could work on its customer service and fees, the broker is an asset to new forex traders and those who prefer a more streamlined interface.

  • Easy-to-navigate platform is easy for beginners to master
  • Mobile and tablet platforms offer full functionality of the desktop version
  • Margin rates are easy to understand and affordable
  • Access to over 80 currency pairs
  • U.S. traders can currently only trade forex
  • Customer service options are lacking
  • No 2-factor authentication on mobile
Current Promotion

Currently no promotion

TD Ameritrade
  • Novice investors
  • Retirement savers
  • Day traders
$0 $6.95 for OTC Stocks $0
1 Minute Review

This publicly listed discount broker, which is in existence for over four decades, is service-intensive, offering intuitive and powerful investment tools. Especially, with equity investing, a flat fee is charged, with the firm claiming that it charges no trade minimum, no data fees, and no platform fees. Though it is pricier than many other discount brokers, what tilts the scales in its favor is its well-rounded service offerings and the quality and value it offers its clients.

  • World-class trading platforms
  • Detailed research reports and Education Center
  • Assets ranging from stocks and ETFs to derivatives like futures and options
  • Thinkorswim can be overwhelming to inexperienced traders
  • Derivatives trading more costly than some competitors
  • Expensive margin rates
Current Promotion

$600 cash & free trades for 60 days

  • U.S.-based cryptocurrency traders
  • Derivatives traders outside the U.S.
  • Social and copy traders
  • Traders new to derivatives
Depends on location of trader Between $500-$1,000 depending on account
1 Minute Review

eToro, headquartered in Cyprus, England and Israel, has provided forex products and other CFD derivatives to retail clients since 2007. A major eToro plus is its social trading operations, including OpenBook, which allows new clients to copy trade the platform’s best performers. Its social trading features are top notch, but eToro loses points for its lack of tradable currency pairs and underwhelming research and customer service features

  • Expansive network of social trading features
  • Wide range of CFD products
  • Large client base for new traders to imitate
  • Can only trade CFDs
  • U.S. traders can only buy and sell cryptocurrencies
  • Only 47 cryptocurrency pairs available
Current Promotion

Currently no promotion

Interactive Brokers
  • Access to foreign markets
  • Comprehensive mobile app that makes trading simple
  • Wide range of available account types and tradable assets
$0.005 per share minimum $1 and maximum 0.5% of trade value; volume discount available $0
1 Minute Review

Interactive Brokers (IBKR) is a comprehensive trading platform that gives you access to a massive range of securities at affordable prices. With access to over 125 global markets, you can buy assets from all around the world from the comfort of your home or office. Options, futures, forex and fund trading are also available — and most traders won’t pay a commission on any purchase or sale. IBKR is geared primarily toward experienced investors. The platform offers limited assistance and can be a challenge for new users to become acclimated to. The broker’s tiered pricing strategy can also be frustrating for traders who focus on hourly or daily price movements.

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  • Comprehensive, quick desktop platform
  • Mobile app mirrors full capabilities of desktop version
  • Access to massive range of tradable assets
  • Frustrating and confusing tiered pricing
  • Bloated website that makes finding information a challenge
Current Promotion

$200 refer-a-friend bonus

  • New forex traders looking for an easy-to-use platform
  • Mobile traders who need a comprehensive on-the-go offering
  • Experienced forex traders who seek a wide selection of charting tools, indicators and currency pairs
$5 per 100,000 base currency traded $0
1 Minute Review

OANDA offers commercial and standard access to the forex market, with over 70 currency pairs to trade. OANDA’s platform is comprehensive, offering a wide range of indicators and charting tools for experts as well as a simple and intuitive layout that’s perfect for beginners.

You won’t find retirement savings or stock trading on OANDA — the platform doesn’t offer any type of trading beyond the forex market. However, the broker does forex trading especially well — though it could stand to offer more in the way of customer service and lower fees.

  • Over 70 unique currency pairs to trade
  • Comprehensive and easy-to-understand platform
  • Mobile platform improves upon the desktop version
  • Only forex trading available
  • No retirement accounts available
Current Promotion

Currently no promotion

Trading Forex in South Africa

The South African national currency is the South African Rand (ZAR), which is further divided into 100 smaller denominations known as cents. Although the International Monetary Fund (IMF) does not consider the ZAR a common Central Bank reserve currency, according to data compiled by the Bank for International Settlements (BIS), the South African currency ranked as the 20 th most-traded of 2020, accounting for one percent of overall forex market activity that year.

With respect to the South African financial sector regulation, South Africa has employed a so-called “Twin Peaks” regulatory system since 2020. Since that time, regulation of online forex and contract for difference (CFD) brokers has come under the responsibility of the Financial Sector Conduct Authority (FSCA), an entity that was created to take the place of the Financial Services Board (FSB).

Financial institutions need to be authorized by the FSCA before starting to operate in South Africa. The FSCA has been authorized to ensure that regulated entities obey relevant laws and fulfill capital adequacy requirements to support their financial soundness and protect traders and investors. Brokers with local licenses must keep all client funds segregated and in a recognized bank in South Africa.

When it comes to forex trading, South Africa is an increasingly popular locale for forex brokers due to its rapidly growing economy as one of the most developed countries in Africa, as well as strong demand for financial services and less strict regulation.

South Africa has a few locally-based online brokers licensed by the FSCA, such as BlackStone Futures and Khwezi Trade, although the more reputable international forex brokers who have opened offices in South Africa will typically offer a better service.

Remember that if you do want to trade via a foreign forex broker, it should be reputable and overseen by one or more regulators where its main operations are situated.

What to Look for in a Forex Broker

No matter where a forex broker is based, the best forex brokers will demonstrate the following traits:

  • Well-regulated
  • Will open an account for you
  • Have a good reputation
  • Offer the currency pairs and assets you want to trade
  • Require an affordable minimum deposit
  • Make prices with decent dealing spreads
  • Have minimal order slippage
  • Allow enough leverage for your preferred trading strategy to work
  • Provide negative balance protection
  • Segregate client accounts from its own
  • Support the deposit and withdrawal procedures you wish to use

Keep in mind that the type of trading software a broker supports is vitally important as well. Many online brokers have their own proprietary trading platforms they let clients use, and some also support third-party platforms like the popular MetaTrader 4 and 5 platforms from MetaQuotes.

The Best Forex Brokers in South Africa

When seeking a decent online forex broker to trade through from South Africa, the list of well-regulated brokers shown below provide a good place to start. These include online brokers or banks with a South African presence like FxPro, FXTM, FXCM and Saxo Bank, in addition to well-regulated foreign brokers that accept South African clients, such as, for example.

If you prefer to do business in a language other than English, you might want to choose a broker with a website that translates into your preferred language. The broker should also have a customer service staff member fluent in that language.

Select a broker that has established a South African office and is regulated by the FSCA because these brokers tend to act more responsibly toward locals since they can be sued in South Africa. Litigating against a foreign company can be a challenge, and it can easily involve extra time and cost to pursue justice if you feel that it’s necessary. Finding the best forex broker for your needs usually depends on your particular situation.

South African residents can open up an account with each top forex broker below, so review what your trading requirements are and check out the various options before you choose a broker.

Online Trading of Stocks, Currencies, Options and CFDs

Online financial betting has become one of the most lucrative and exciting types of investments in the 21st century. Thanks to the advanced technology and unexpected market momentums, such as great financial crisis, more and more people are looking for alternatives to traditional forms of investments. In the past, financial trading was reserved for the privileged few, but nowadays everyone can try it. It is an amazing opportunity to make a profit and experience the trading rush in a completely new manner known as financial betting.

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Online trading and betting on forex, stocks etc. have quickly become favorite among many traders. It is easier to comprehend, requires less initial funds than traditional forms of financial trading, and it is open to traders all over the world at the same time as long as they have an internet connection.

The most interesting part is that traders are becoming more and more keen to financial betting, than to traditional types of online trading, as this type of participating in financial markets can be equally lucrative as traditional stocks trading.

Financial Betting and OnlineTrading – New Aspect of Financial Industry

There are many forms of financial trading available at the moment. Such variety can cause confusion, especially considering that market is saturated with numerous financial trading service providers such as brokers. It can be hard for a beginner to make a good decision and choose a proper and reliable financial trading service.

Still, online trading provided an interesting haven for those who prefer to trade anytime, anyplace and who don’t want to be limited by requests for expensive investments, which is often the case in traditional forms of financial trading.

Nowadays, online betting opens financial trading to everyone. Traders can bet on stocks, forex and many other assets on online trading platforms. They can easily trade from the convenience of their home and experience lucrative profits, especially if they apply specific strategies and follow market news and updates.

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What is Financial Betting?

Financial betting can be defined as a special type of betting where a person wages the price in the future against odds given by the online betting or trading company. Unlike in traditional betting (like horse betting), users bet on financial assets, usually, forex, spreads, stocks etc., and not on competition results (like they do in sports betting). Traders are familiar with the risk and potential payout as the coefficients are displayed next to every potential bet.

These principles would make financial betting a type of digital option. Bettors also don’t need to have ownership over the underlying asset at any moment but are simply betting on the price movement. There is no middle ground, every participant in the betting process can only win or lose. What makes financial betting similar to trading is that there are certain indicators that can be used in order to increase the success rate. Different statistic data can be applied, market trends followed and strategies integrated which means that there is a higher level of control. It is not only about luck but about good preparation as well.

Financial Betting for Beginners

This new form of online trading is very popular among traders who never before experienced an opportunity to participate in financial markets. Betting on stocks, forex, spreads and other is easily accessible thanks to lower investment demands.

Most financial trading companies who offer this type of betting platform, offer bettors the opportunity to simply open a free account, make a deposit and use all the money for betting. What is interesting is that they can make decisions and place bets all by themselves and never have to contact an additional intermediary, which is a common practice in traditional betting and trading.

Betting on stocks, spreads, and forex allows users to determine how, when, and why they want to place their odds. This advanced new system of financial trading is more open towards new traders who are looking for easy to understand financial platforms, and don’t have significant capital to invest.

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Betting on Stocks Guide

Betting on stocks is very similar to betting on spreads. In both cases, the bettor never really has to own the asset that is used in the process of betting, but there are also some differences that are important to understanding.

Betting on stocks can be based on one of two main principles:

  1. Bettor can make prediction how a certain stock will perform in the future
  2. Or bettor can make a prediction which stock will perform better out of two.

Let’s break this down.

For example, the bettor can place a bet based on his prediction that CompanyX stocks will rise in prices till the end of the day. If the current stock price is $200, he can place a bet that until the end of the day the price will be $210. If he is right, he wins, if he isn’t he loses the bet.

Also, some online betting platforms offer the possibility to bet which stock will perform better. A bettor can believe that CompanyX’s stocks will outperform CompanyY’s stocks. This approach requires a vast knowledge of all the factors that are influencing each and every stock involved in a bet.

Betting on stocks is very popular as it is easy to grasp, and is much less subjected to manipulation and human involvement, unlike the sports betting. Sports betting still involves scandals about fixing the matches, while in financial betting such rumors have no place. The market is simply too big and too important.

Betting on Spreads

In order to understand the spreads betting, bettors must first understand what spread is. Spread is the range between the bid and the offered price quoted by the betting company. Bettors can make a prediction whether the price of the certain stock will be lower or higher than the offer. Just like in other forms of betting, there is no need to gain ownership over a certain asset or stock in order to place a bet.

Here’s an example of spreads betting.

Your betting company publishes quotes for CompanyX. The bids are $1000, and the offer is $1100. Yet, the bettor believes how the price of $1000 is unsustainable and how the price will be lower, so he bets $10 for every dollar that the stock falls below $1000. If the bettor is right, and the price ends up to be $970, the trader will win $300 ($10 for every $1, and the price has fallen for $30).

What is Forex and Forex trading?

Many bettors also decide to join the exciting world of forex betting. Forex is a word that became a household term, a yet even many bettors don’t know what it is all about.

Forex, also known as FX, is the market where foreign currencies are traded. It is considered to be most liquid market in the financial industry and can be traded 24 hours a day, 5 days a week, except on weekends and holidays. It is a very interesting market that regularly reaches trillion dollars in traded values daily.

In most cases, forex betting is based on spreads.

Forex Spreads Betting – The Basics

Forex spreads betting is no different than the stocks spreads betting, except for the fact that there are currencies involved. It is considered that the narrower the spread, the more exciting the currency pair is. However, besides minimum spreads, there are average spreads available as well. Most popular currency pairs in forex betting are created with most famous currencies: USD, EUR, JPY, GBP, AUD, CAD, CHF, NZD.

Financial betting platforms are offering other currency pairs as well, all depending on their specific lists. As always, diversity in betting is highly encouraged as it can reduce risks involved when trading or betting only on one currency pair. Also, keep in mind how main currencies are affecting movements of some less significant and popular currencies.

Many forex betting companies allow bettors to place either spot or forward bets. Spot forex bets are much narrower and are executed in shorter time frames. Forward forex bets are usually referred to longer time frames which are often considered to be more suitable for beginners or conservative traders, but it is also a much less exciting form of betting.

Best Online Trading & Financial Betting Tips

It is a common misconception that betting is an action that relies completely on luck, and therefore, leaves trader or bettor without any form of control. As this can be valid for sports betting or betting in general, in the world of financial betting there can other factors be involved as well.

In financial betting, bettors can use different strategies, approaches, and tips to become more successful. Here are 5 best financial betting tips that can be used in all forms of betting and financial trading, no matter whether you are a beginner or advanced user.

  1. Do a financial analysis before financial betting and/or trading

The easiest approach is to log into your betting account, enter the online betting platform, select a few bets that seem profitable, place them and hope for the best. This is, unfortunately, also the riskiest approach.

Before making a bet make sure to understand current and potential future market conditions to avoid mindless betting. Financial betting is just like financial trading based on market movements, that are repeated periodically. Also, everyday news can highly affect market changes and the levels of volatility.

This means that every bettor can simply focus on these news and government reports that often directly deliver expectations on market movements.

  1. Have a betting strategy

Instead of choosing your bets randomly, have a strategy. Besides betting strategies, there are also money management and time strategies that allow you a better overview of the entire betting process. Every bettor can decide how many bets can take place based on certain market conditions, funds available, and success rate.

Such reasonable approach makes betting much safer form of investment than it is betting that is based solemnly on luck.

  1. Select a good betting platform

Having a reliable betting service or betting platforms of highest importance for every bettor. Your betting service will be the one that determines the betting odds, the lowest amount you are allowed to bet and the process of getting a payout.

In order to find a proper and reliable betting company, make sure to read reviews and find out as much as possible. Don’t hesitate to contact their customer support for any additional information. Also, make sure to check what payment methods are supported so you can prepare yourself in advance and don’t lose time once you want to start betting for real.

  1. Set some realistic goals

Make sure to understand how financial betting, whether it is forex, stocks, or some other type of spreads, will not make you rich overnight. For beginners, it is recommended to place bets with fixed odds and to start small. Considering that most forex betting companies allow bets for as little as $1, that shouldn’t be a problem.

Also, understand that 100% success rate is impossible to achieve. Such numbers are made up as sometimes volatile conditions occur when least expected and can cause a big headache to financial bettors and traders.

  1. Understand the concept of betting

Many bettors believe how it is all fun and games when it comes to financial betting. After all, who hasn’t placed a bet with a friend at least once. However, betting on stocks, forex or spreads is more serious than a friendly bet.

Financial betting contains the risk that can be reduced and managed, but only if the trader fully understands all aspects of financial betting. Don’t hesitate to learn about financial markets and use tools while placing bets. This can highly help you advance in your results!

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About Betting on Stocks Regulation

Betting on stocks, forex or other financial instruments is not a new thing, although only recently it became available online. While many believe that the world of online betting is like a Wild West, the truth is quite the opposite.

As always, there are some financial betting companies that operate without licenses, but overall – it is a regulated market. Every country in the world has an agency or another type of government body that regulates the betting industry.

Betting Regulation USA

The United States of America has very developed betting industry. Also, it has 50 states, and in many cases, local governments have declared additional laws that regulate not only financial betting but betting in general. This is an important fact that all bettors have to keep in mind. In order to trade safely, learn about betting regulation in your state.

On the federal level there are two documents that regulate the betting industry:

The Interstate Wire Act was presented in 1961 with the mission of preventing transmission of bets, wagers and related information via wire communication. This document was created in order to put an end to the betting mafia that was running some serious illegal business back in the 50s and 60s. The new and evaluated version that was presented in 2020 declared ‘wire betting in sports’ prohibited, but not other types of betting.

The Unlawful Internet Gambling Enforcement Act (UIGEA) that was passed in 2006 caused many headaches. It is limiting banks and credit card companies to transfer any money made with illegal gambling companies. This is why US bettors should research the status of betting on stocks and forex in their country.

Of course, there are some state laws that are hard to navigate. Still, in these states, unregulated online betting is considered to be illegal: Illinois, Maryland, Louisiana, Indiana, Montana, New Jersey, Nevada, Oregon, Washington, Wisconsin, and South Dakota.

Betting Regulation EU

The fact that the European Union has so many members makes it difficult to pass the universal betting legislative and regulatory framework. So, the regulation of the betting industry is depending on the policies of each individual EU member. However, some countries like Malta (Malta Gaming Authority) are more popular among online betting companies than other. The reason for this is complicated bureaucracy and slow regulatory framework that is often not adjusted to modern trends and demands.

Best Forex Brokers South Africa for 2020

The annual forex broker review (four years running) is the most cited in the industry. With over 50,000 words of research across the site, we spend hundreds of hours testing forex brokers each year. How we test.

Trading forex (currencies) in South Africa is popular among residents. While recommended, forex brokers are not required to become authorised by the Financial Sector Conduct Authority (FSCA) to accepts residents of South Africa as customers.

The Financial Sector Conduct Authority is the financial regulatory body in South Africa. Website: We recommend South Africa residents also follow the FSCA on Twitter,

The FSCA was established in 2020 as the successor to the Financial Services Board (FSB). The FSB had previously regulated South Africa since 1990. For a historical breakdown, here’s a link to the Financial Services Board webpage on Wikipedia.

Best Forex Brokers South Africa

To find the best forex brokers in South Africa, we created a list of all brokers that list South Africa as a country they accept new customers from. We then ranked brokers by their Trust Score.

Here is our list of the best forex brokers in South Africa.

  • IG – Best Overall Broker 2020
  • Plus500 – Best for beginners overall
  • Swissquote – Best banking services
  • Saxo Bank – Best VIP client experience
  • – Great platforms and pricing
  • City Index – Excellent all around offering
  • FXCM – Well-rounded offering
  • XTB – Best customer service, great platform
  • eToro – Best copy trading platform

South Africa Forex Brokers Comparison

Compare South Africa authorised forex and CFDs brokers side by side using the forex broker comparison tool or the summary table below. This broker list is sorted by the firm’s Trust Score.

Forex Broker Accepts ZA Residents Average Spread EUR/USD – Standard Minimum Initial Deposit Trust Score Overall Visit Site
IG Yes 0.700 £250.00 99 5 Stars Visit Site
Plus500 Yes 0.600 €100 99 4 Stars N/A
Swissquote Yes N/A $1000.00 99 4 Stars Visit Site
Saxo Bank Yes 0.600 $10,000.00 98 5 Stars Visit Site Yes 1.00 $50.00 93 4.5 Stars Visit Site
City Index Yes 0.800 £50.00 93 4.5 Stars Visit Site
FXCM Yes 1.300 £300 92 4.5 Stars N/A
XTB Yes 0.780 $0.00 92 4.5 Stars Visit Site
eToro Yes 3.00 $200 91 4 Stars N/A
Pepperstone Yes 1.130 $200.00 83 4 Stars Visit Site
XM Group Yes 1.600 $5-100 81 4 Stars Visit Site
easyMarkets Yes 0.900 $100.00 81 3.5 Stars Visit Site
ThinkMarkets Yes N/A $250.00 79 3.5 Stars Visit Site
Vantage FX Yes 1.400 $100 79 3.5 Stars N/A
IC Markets Yes 1.100 $200 73 4 Stars Visit Site
ForexTime Yes 0.80 $100 70 3.5 Stars Visit Site
Alpari Yes 0.92 $100.00 69 3.5 Stars Visit Site
Instaforex Yes N/A $1 69 3 Stars Visit Site
UFX Yes 3.00 $100 66 3.5 Stars N/A
iTrader Yes 0.700 $250 66 3 Stars Visit Site
FX Choice Yes N/A $100 54 2.5 Stars Visit Site

How to Verify FSCA Authorisation

To identify if a forex broker is authorised by the FSCA, the first step is to identify the FSP registration number from the disclosure text at the bottom of the broker’s homepage. For example, here’s the key disclosure text from IG’s website,

IG is a trading name of IG Markets Ltd and IG Markets South Africa Limited. International accounts are offered by IG Markets Limited in the UK (FCA Number 195355), a juristic representative of IG Markets South Africa Limited (FSP No 41393). South African residents are required to obtain the necessary tax clearance certificates in line with their foreign investment allowance.

Next, look up the FSP number on the financial register available on the FSCA’s website to validate that the broker is currently authorized in South Africa.

More Forex Guides


For our 2020 Forex Broker Review we assessed, rated, and ranked 30 international forex brokers. Each broker was graded on 105 different variables and, in total, over 50,000 words of research were produced.

While encouraged, broker participation was optional. Each broker had the opportunity to complete an in-depth data profile and provide executive time (live in person or over the web) for an annual update meeting.

All data submitted by brokers is hand-checked for accuracy. Ultimately, our rigorous data validation process yields an error rate of less than 1% each year, providing site visitors quality data they can trust. Learn more about how we test.

Forex Risk Disclaimer

“There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.” Learn more.

About the author: Steven Hatzakis Steven Hatzakis is the Global Director of Research for Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. Steven is an active fintech and crypto industry researcher and advises blockchain companies at the board level. Over the past 20 years, Steven has held numerous positions within the international forex markets, from writing to consulting to serving as a registered commodity futures representative.

Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published web site as of 01/20/2020 and is believed to be accurate, but is not guaranteed. The staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

The names, products, services, branding/logos, and other trademarks or images featured or cited within this Website ( are the property of their respective owners and the owners retain all legal rights therein. These trademark holders are not affiliated with and the use or display of names, trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, or endorses or any of its reviews, products, or services. declares no affiliation, sponsorship, nor any partnership with any trademark holders unless otherwise stated.

Advertiser Disclosure: helps investors across the globe by spending over 1,000 hours each year testing and researching online brokers. How do we make money? Our partners compensate us through paid advertising. While partners may pay to provide offers or be featured, e.g. exclusive offers, they cannot pay to alter our recommendations, advice, ratings, or any other content throughout the site. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data. Here is a list of our partners.

Disclaimer: It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

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