Forex Brokers

Most of these forex brokers listed here are great for beginners & some only require a small minimum deposit to start trading. Some offer free training and regular webinars to help with your education and to understand what the market is doing at the moment.

More advanced traders can find ECN, STP or NND brokers.

Here are some of my favourite brokers:

  1. AVATrade - New Offices in Sandton, a global broker with a local presence.
  2. Markets.com - Offering a no deposit bonus worth R250 for new traders.
  3. Blackstone Futures - Johannesburg based
  4. GT247 - Moved to Auckland Park recently. One of the few that offer CFDs on JSE stocks (a truly SA broker)
  5. Khwezi Trade - Cape Town based
  6. CM Trading - Claim to be Africa's biggest brokers
  7. FxPrimus - The safest broker to trade with (so they say)
  8. AxiTrader - The first broker I started with.
  9. Dukascopy - Swiss Based broker that offers STP trading
  10. XM - People who trade with XM love them
  11. Mt. Cook - Boutique broker from Australia with an FSB regulation.
  12. Blackwell Global - I'm about to get a test account, so I'll know more soon.
  13. Swiss Markets - Got some interesting STP account types with various spreads and commissions as you grow.
  14. BDSwiss - Forex & Binary Options and trade on weekends too.
  15. Hot Forex - Opened an office in SA recently, Making waves.
  16. Forex Time - What a name, they are FSB regulated though.
  17. JP Markets - Local lad opens his own brokerage. Offices mushrooming up over the land.
  18. JustForex - Just do it, if you must.
  19. IronFx - Still here, even though some don't like them much

BlackStone Futures

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Read more about BlackStone Futures here

CM Trading

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Read more about CM Trading here

GT247

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Read more about GT247 here.

  • AvaTrade
  • FXPrimus
  • Markets.com
  • Dukascopy
  • Swiss Markets
  • eToro

Where is the Euro going? The LMAX Exchange Chart Talk for Thursday, April 27, 2017

In the euro’s latest breakout to fresh 2017 highs, if the market continues above 1.09 its next measured move targets 1.1230 or 1.14. The market is well supported at 1.0570. The pound/dollar has seen a breakout above 1.2775, December’s peak following the low of 1.1840 last October. This sees a potential move upwards to 1.35. Dollar/yen has been trading in a downtrend within the last few days. But if price is contained below 112.20 sees potential downside.

Click here to find out all the other market analysis.

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