Gold (XAU/USD) brokers in South Africa

Affiliate links: we earn a commission; it never changes scores or order. CFDs are high-risk and leverage can lose you money rapidly.

Key facts (45 of 103 counts · 100 brokers onboarding South African residents)

45of 103

qualify for this ranking

44% of 103

37of 45

scored on all six axes

82% of 45

80of 103

publish a price

78% of 103

72of 103

publish a leverage figure for this country

70% of 103

Top 3 (of 3 ranked)

1OctaFX4.55highest score of the three · locally licensed · withdrawal in 3 h 2HFM4.46locally licensed · withdrawal in 24 h 3ACY Securities4.37locally licensed · withdrawal in 24 h

Gold (XAU/USD) brokers in South Africa (45 of 103)

By slice score, formula v1.0. · 45 of 100 brokers in this ranking · all 45

#	Broker	Round turn, USDZA	Min deposit, USDZA	Leverage	Withdrawal, hZA	Score	Execution	Founded	Funding
1	OctaFX	9	25	1000ZA	3	4.55	ECN/raw + standard	2011	3 methods · local
2	HFM	6	0 group	2000ZA	24	4.46	ECN/raw + standard	2010	3 methods · local
3	ACY Securities	6	50 group	500 groupZA	24	4.37	ECN/raw + standard	2011	5 methods · local
4	FXGT	6	10	5000ZA	24	4.36	ECN/raw + standard	2019	6 methods · local
5	Admirals	6	25	500ZA	24	4.36	ECN/raw + standard	2001	4 methods · local
6	Mitrade	8.5	20	200ZA	24	4.32	Standard	2011	4 methods
7	ThinkMarkets	7	50	500ZA	4	4.28	ECN/raw + standard	2010	5 methods · local
8	IG Markets SA	7.5	50	30ZA	72	4.28	Standard	1974	2 methods · local
9	Tickmill	6	100	1000ZA	24	4.27	ECN/raw + standard	2014	4 methods · local
10	FXCM	7	4	400ZA	72	4.26	ECN/raw + standard	1999	2 methods · local
11	CMTrading	8	300	200ZA	24	4.24	ECN/raw + standard	2012	4 methods · local
12	Headway	3	1	—stated, not verified	0.5	4.2	ECN/raw + standard	2023	4 methods · local
13	JustMarkets	3	10 group	3000ZA	48	4.18	ECN/raw + standard	2012	3 methods · local
14	IG Markets	13.6	50	20ZA	72	4.13	ECN/raw + standard	1974	3 methods · local
15	IC Markets	7.5	200	500ZA	24	4.12	ECN/raw + standard	2007	9 methods · local
16	ActivTrades	4.2	0 group	200ZA	24	4.03	ECN/raw + standard	2001	4 methods
17	Global Prime	7	0 group	500ZA	2	4.03	ECN/raw + standard	2010	6 methods
18	Moneta Markets	7	50	1000ZA	24	4.02	ECN/raw + standard	2019	5 methods
19	AMarkets	7	100 group	3000ZA	24	4.01	ECN/raw + standard	2007	3 methods
20	Scope Markets	9	10 group	1000 groupZA	48	4	ECN/raw + standard	—	4 methods · local
21	Ultima Markets	5	50 group	2000ZA	120	4	ECN/raw + standard	2016	5 methods
22	Trade Nation	5	0 group	200ZA	120	3.98	Standard	2014	3 methods · local
23	FxPro	7	100	200ZA	3	3.98	ECN/raw + standard	2006	3 methods · local
24	Pepperstone	7	200	400ZA	24	3.97	ECN/raw + standard	2010	5 methods · local
25	Traders Trust	6	50	3000ZA	24	3.96	ECN/raw + standard	2009	5 methods
26	BlackBull Markets	6	0	500ZA	72	3.92	ECN/raw + standard	2014	6 methods · local
27	Hantec Markets	3	10 group	500ZA	48	3.9	ECN/raw + standard	2009	2 methods
28	FIBO Group	6	50	1000ZA	48	3.88	ECN/raw + standard	1998	5 methods
29	GO Markets	6	200	500ZA	48	3.84	ECN/raw + standard	2006	4 methods
30	XTB	1	0	500ZA	72	3.83	ECN/raw + standard	2002	2 methods
31	ATFX	12	500 group	400ZA	24	3.82	Standard	2017	3 methods · local
32	Orbex	8	100	500ZA	24	3.82	ECN/raw + standard	2010	5 methods
33	IronFX	18	100	500ZA	240	3.76	ECN/raw + standard	2010	6 methods · local
34	Blueberry Markets	7	100 group	500ZA	48	3.75	ECN/raw + standard	2016	7 methods
35	Doo Prime	7	5 group	1000ZA	24	3.73	ECN/raw + standard	2014	4 methods · local
36	Trive South Africa	10	0	—stated, not verified	168	3.68	ECN/raw + standard	2022	4 methods · local
37	ForexMart	10	15	500ZA	7	3.59	Standard	2015	6 methods · local
38	Errante	—	50 group	1000ZA	24	3.58	ECN/raw + standard	2019	5 methods
39	Swissquote	16	1000	100ZA	24	3.5	ECN/raw + standard	1996	2 methods
40	Equiti	8	500	500ZA	24	3.38	ECN/raw + standard	2003	3 methods
41	TMGM	7	100 group	1000ZA	96	3.35	ECN/raw + standard	2013	6 methods
42	Eightcap	7	100 group	500ZA	120	3.22	ECN/raw + standard	2015	4 methods
43	Axiory	2	10 group	400ZA	240	3.04	ECN/raw + standard	2011	6 methods
44	ADSS	12	100 group	500ZA	120	3.02	ECN/raw + standard	2010	2 methods
45	Fortrade	20	100 group	—stated, not verified	120	2.48	Standard	2013	4 methods

Ten are shown; the button opens the rest.

"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.

— the broker does not publish this figure; it is not read as a zero and it is not scored.

IC Markets publishes a retail leverage of 1:500 without naming the entity that grants it, so the figure is marked group and left out of the leverage ranking and median.

Identical for every row, so it is stated once: Who onboards Local · FSCA · Swap-free fee none, no limit · ZAR account Yes.

1. OctaFX — highest score of the three · locally licensed · withdrawal in 3 h (score 4.55)

Round turn: 9 USD
Withdrawal: 1-3 hours on business days
ZAR account: USD, EUR
Leverage: 1000ZA
Licence: FSCA 51913
Accepts residents: yes
Onboarding entity: Orinoco Capital Pty Ltd
Founded: 2011
Group leverage: uncleargroup
Instruments: Forex, crypto, stocks
Platforms: MT5cTraderWebTradingView
Funding: EFT, OZOW, local bank
Not served: United States, Canada, United Kingdom, European Union, Israel, Japan, New Zealand, North Korea, Iran, Myanmar, Philippines, Singapore

Reviews25%90
Round-turn cost20%80
Safety
Payouts15%98
Track record10%75
Platforms65

Why it ranks here

Round turn 9 USD against the slice median 7 USD. strongest axis payouts 98 of 100. total score 4.55.

Watch for

Payouts axis 58 of 100; e-wallet times not published.

Full review of OctaFX

2. HFM — locally licensed · withdrawal in 24 h (score 4.46)

Round turn: 6 USD
Withdrawal: same business day
ZAR account: ZAR trading accounts offered; also USD.
Leverage: 2000ZA
Licence: FSCA 46632
Accepts residents: yes
Onboarding entity: SA clients served under LOCAL FSCA-licensed entity HF Markets SA (Pty) Ltd.
Founded: 2010
Register: https://fxscouts.co.za · 09.07.2026
Group leverage: unclear
Instruments: 1000+ CFDs: FX, metals, indices, shares, commodities, crypto.
Platforms: MT5MT4Web
Funding: Fast free deposits/withdrawals via local ZAR banks; cards, e-wallets.
Not served: United States, Canada, Sudan, Syria, Iran, North Korea

Why it ranks here

Round turn 6 USD against the slice median 7 USD. strongest axis round-turn cost 95 of 100. total score 4.46.

Watch for

Min deposit 200 USD, double the South Africa median of 50; withdrawal time not published.

Full review of HFM

3. ACY Securities — locally licensed · withdrawal in 24 h (score 4.37)

Round turn: 6 USD
Withdrawal: under 24 hours
ZAR account: USD, AUD, EUR, GBP, NZD, CAD, JPY; ZAR reported supported for SA clients (verify at signup).
Leverage: 500 groupZA
Licence: 51008
Accepts residents: yes
Onboarding entity: ACY Securities SA (Pty) Ltd (formerly Ingot Brokers SA), a locally licensed entity.
Founded: 2011
Register: https://fsca.co.za · 09.07.2026
Group leverage: offshoregroup
Instruments: FX, indices, commodities, shares CFDs, crypto CFDs.
Platforms: MT5WebMobile
Funding: Cards, bank transfer, Skrill, Neteller, crypto (USDT/USDC); no ZA-specific rail verified.
Not served: North Korea, Somalia, South Sudan, Iran, Libya, New Zealand, United States, Russian Federation, Belarus

Why it ranks here

Round turn 6 USD against the slice median 7 USD. strongest axis round-turn cost 95 of 100. total score 4.37.

Watch for

Onboards South African residents through an offshore entity: no FSCA licence, no FSCA complaints route, no ZAR account.

Full review of ACY Securities

What the data shows(45 of 103 distributions · 100 brokers)

Swap-free availability (45 of 103 brokers)

Offered30Not offered14

Admin fee after the free period (45 of 103 swap-free)

Never16After 3–30 days9not published5

Who onboards South African residents (45 of 103 brokers)

Local FSCA entity20Offshore entity24

ZAR account (45 of 103 brokers)

Yes16No23not published5

Gold XAU/USD spread (41 of 103 · median 0.46)

34<10

320

130

240

1>40

Gold (XAU/USD) offered (103 of 103)

85Yes

18Not stated

Full list(45 of 103)

1OctaFX4.55
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
25
Leverage
1000ZA
ZAR
Yes
2HFM4.46
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0 group
Leverage
2000ZA
ZAR
Yes
3ACY Securities4.37
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50 group
Leverage
500 groupZA
ZAR
Yes
4FXGT4.36
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
10
Leverage
5000ZA
ZAR
Yes
5Admirals4.36
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
25
Leverage
500ZA
ZAR
Yes
6Mitrade4.32
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
8.5
Min deposit, USD
20
Leverage
200ZA
ZAR
Yes
7ThinkMarkets4.28
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
50
Leverage
500ZA
ZAR
Yes
8IG Markets SA4.28
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7.5
Min deposit, USD
50
Leverage
30ZA
ZAR
Yes
9Tickmill4.27
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
100
Leverage
1000ZA
ZAR
Yes
10FXCM4.26
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
4
Leverage
400ZA
ZAR
Yes
11CMTrading4.24
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
300
Leverage
200ZA
ZAR
Yes
12Headway4.2
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
3
Min deposit, USD
1
ZAR
Yes
13JustMarkets4.18
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
3
Min deposit, USD
10 group
Leverage
3000ZA
ZAR
Yes
14IG Markets4.13
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
13.6
Min deposit, USD
50
Leverage
20ZA
ZAR
Yes
15IC Markets4.12
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7.5
Min deposit, USD
200
Leverage
500ZA
ZAR
Yes
16ActivTrades4.03
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
4.2
Min deposit, USD
0 group
Leverage
200ZA
ZAR
Yes
17Global Prime4.03
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
0 group
Leverage
500ZA
ZAR
Yes
18Moneta Markets4.02
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
50
Leverage
1000ZA
ZAR
Yes
19AMarkets4.01
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
3000ZA
ZAR
Yes
20Scope Markets4
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
9
Min deposit, USD
10 group
Leverage
1000 groupZA
ZAR
Yes
21Ultima Markets4
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
50 group
Leverage
2000ZA
ZAR
Yes
22Trade Nation3.98
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
5
Min deposit, USD
0 group
Leverage
200ZA
ZAR
Yes
23FxPro3.98
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100
Leverage
200ZA
ZAR
Yes
24Pepperstone3.97
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
200
Leverage
400ZA
ZAR
Yes
25Traders Trust3.96
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50
Leverage
3000ZA
ZAR
Yes
26BlackBull Markets3.92
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
0
Leverage
500ZA
ZAR
Yes
27Hantec Markets3.9
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
3
Min deposit, USD
10 group
Leverage
500ZA
ZAR
Yes
28FIBO Group3.88
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
50
Leverage
1000ZA
ZAR
Yes
29GO Markets3.84
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
6
Min deposit, USD
200
Leverage
500ZA
ZAR
Yes
30XTB3.83
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
1
Min deposit, USD
0
Leverage
500ZA
ZAR
Yes
31ATFX3.82
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
12
Min deposit, USD
500 group
Leverage
400ZA
ZAR
Yes
32Orbex3.82
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
100
Leverage
500ZA
ZAR
Yes
33IronFX3.76
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
18
Min deposit, USD
100
Leverage
500ZA
ZAR
Yes
34Blueberry Markets3.75
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
500ZA
ZAR
Yes
35Doo Prime3.73
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
5 group
Leverage
1000ZA
ZAR
Yes
36Trive South Africa3.68
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
10
Min deposit, USD
0
ZAR
Yes
37ForexMart3.59
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
10
Min deposit, USD
15
Leverage
500ZA
ZAR
Yes
38Errante3.58
Onboards
Local · FSCA
Swap-free
none, no limit
Min deposit, USD
50 group
Leverage
1000ZA
ZAR
Yes
39Swissquote3.5
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
16
Min deposit, USD
1000
Leverage
100ZA
ZAR
Yes
40Equiti3.38
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
8
Min deposit, USD
500
Leverage
500ZA
ZAR
Yes
41TMGM3.35
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
1000ZA
ZAR
Yes
42Eightcap3.22
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
7
Min deposit, USD
100 group
Leverage
500ZA
ZAR
Yes
43Axiory3.04
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
2
Min deposit, USD
10 group
Leverage
400ZA
ZAR
Yes
44ADSS3.02
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
12
Min deposit, USD
100 group
Leverage
500ZA
ZAR
Yes
45Fortrade2.48
Onboards
Local · FSCA
Swap-free
none, no limit
Round turn, USD
20
Min deposit, USD
100 group
ZAR
Yes

How to read this ranking

Start with the figure this page ranks on.
Every row here is ordered by computed score, highest first; unscored brokers follow. A broker that publishes no figure is shown without one rather than guessed at.
Check which company would onboard you.
The same brand can take a resident of South Africa through a locally licensed entity or an offshore one, and the leverage cap, the complaint route and the protection all follow the entity, not the brand.
Read the cost beside the deposit.
The median round turn across this country is 7.0 USD and the median minimum deposit 50.0 USD; a low deposit beside a wide spread takes the difference back on every trade.

Neighbouring slices(6 rankings · 6 explainers)

Same country

Explained

FAQ

How many brokers qualify for this ranking in South Africa?: 45 of 103 brokers measured for this country qualify.
Which broker leads it, and on what basis?: OctaFX leads it with a score of 4.55. The order is computed score, highest first; unscored brokers follow.
What does a trade typically cost here?: The median round turn - spread plus commission for one standard lot, in and out - is 7.0 USD across the brokers that publish both parts.
Why do some rows show a dash instead of a figure?: Because the broker does not publish that figure for this country. A dash is a statement about what is published, and a figure is never filled in from a group-wide page as if it applied locally.

How this slice is scored

Slice score = 2 + 3 × weighted mean of the six axes; the swap-free fee and availability feed price and reliability. A missing axis drops out and weights are renormalised; group-wide figures never enter. Full methodology

Verified · What changed · Sources(45 of 103 broker records)

Verified01.10.2026

data re-captured 28.09.2026

Risk warning and affiliate disclosure

CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A swap-free account removes overnight interest, not market risk. We earn a commission on some links; paid rows are marked and never ranked first.