Forex brokers in Africa

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Below is list of online forex brokers in Africa. by the country in which they are domiciled in for the countries: Ghana, Mauritius, Nigeria and South Africa.

1. Forex Brokers in Ghana

FuturePip

Location: Accra, Ghana
Regulation:  FSC
Operational Since: 2013
Min. Deposit: $100
max. Leverage: 1000:1
Broker Type: Makert Maker+ ECN 

Payment OptionsOptions: Bank wire, Credit & Debit Card, Skrill

Trading platforms available: MT4 Desktop, MT4 Mobile

Ghana FX 

Location: Accra, Ghana
Regulation:  GSEC
Operational Since: 2016

Min. Deposit: $50
max. Leverage: 1:500
Payment Options: Bank wire, Credit & Debit Card, Skrill,PayPal
Trading platforms available: MT4 Desktop, MT4 Mobile

2. Forex Brokers in Mauritius
Alpari International Limited

Location: Ebene, Mauritius
Regulation: FSCM
Operational Since: 1998
Min. Deposit: no minimum initial deposit
max. Leverage: 1:1000
Broker Type: FSC
Payment Options: Bank wire, Credit & Debit Card, Skrill, Neteller
Trading platforms available: MT4 Desktop, MT4 Mobile

Capital Street FX

Location: Port Louis, Mauritius
Regulation: FSCM licence number C112010690.
Operational Since: 2002
Min. Deposit: $200
max. Leverage: 1:400
Broker Type: ECN
Payment Options: bank wire transfer, credit/debit cards, as well electronic payments
Trading platforms available: ActTrader( no MT4 platform)

HotForex

Location: Ebene, Mauritius
Regulation: FSC
Operational Since: 2012
Min. Deposit: $5
max. Leverage: 1:1000
Broker Type: Market Maker, ECN
Payment Options: Bank Wire Transfer, Credit Cards, WebMoney, Skrill Monaybookers, Neteller, cashU, fasapay
Trading platforms available: MT4 Desktop, MT4 Mobile

xDirect

Location: Ebene, Mauritius
Regulation: MFSC- licence number C110008226
Operational Since: 2011
Min. Deposit: $100
max. Leverage: 1:500
Broker Type: market Makers and DMA
Payment Options: Bank wire transfer, Debut/Credit Card, Perfect money
Trading platforms available: MT4 Desktop, MT4 Mobile

Zara Multi Traders

Location: Port Louis, Mauritius
Regulation:  FSCM
Min. Deposit: $1000
max. Leverage: 1:400
Broker Type: STP
Payment Options: Bank wire, Credit & Debit Card, Skrill,
Trading platforms available: MT4 and xstation

3. Forex Brokers in Nigeria
Rally Trade

Location: Lagos, Ikeja, Nigeria
Regulation: FinaCom
Operational Since: 2014
Min. Deposit: $100
max. Leverage: 1:1000
Broker Type: ECN/STP,NDD
Payment Options: Bank wire, Credit & Debit Card, e-wallet
Trading platforms available: MT4 Desktop, MT4 Mobile

4. Forex Brokers in South Africa

If you are interested in opening an account with a broker from South africa, to be on a safe side, I highly advice you to open an account with a broker who is regulated by the Financial Services Board (FSB).

About FSB
ACM Gold and Forex Trading (PTY) Ltd

Location: Sandton, Gauteng, SA
Regulation: FSB
Operational Since: 2004
Min. Deposit: R5000
max. Leverage: 1:500
Broker Type: Market Maker
Payment Options: credit card payments and e-wallets Skrill & Neteller

* no clients from Australia, EU, Japan and New Zealand allowed

CM Trading

Location: Johannesburg, SA
Regulation: FSB- license number is FSP 38782
Operational Since :2013
Min. Deposit: $250
max. Leverage :200:1
Payment Options: Bank wire transfers, CashU, and Skrill (Moneybookers)

IG Markets South Africa Limited

Location: Johannesburg, SA
Regulation: FSB
Operational Since: 1974
Min. Deposit: $210
max. Leverage: 200:1
Broker Type: Market Maker
Payment Options: Credit & Debit Card, Bank transfer

Saxo Capital Markets South Africa (Pty) Ltd.

Location: Johannesburg, SA
Regulation: FSB- Registration number 40983.
Operational Since: 2012
Min. Deposit: $1
Payment Options: Credit & Debit Card, Bank transfertransfer, neteller

Did i miss any African forex broker? Please let me know in the comment section below. Thank you!

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