With the advent of technology, forex trading apps in South Africa have made it easier to trade on the go and from the comfort of your home.
From user-friendly platforms for beginners to advanced tools for experienced traders, we've compiled a list of the top forex trading apps in South Africa to help you take your forex trading to the next level.
We'll compare their features, fees, and customer support to help you find the best trading app in South Africa for your needs.
The Top Three Best Forex Trading Apps For South Africa
Best forex trading app for beginners in South Africa.
- No minimum deposit
- Offices in Joburg
- Wide range of accounts and trading assets
Award-winning broker with a Zar account
- Low minimum deposit
- $30 no-deposit bonus
- Low spreads
Best broker for synthetic indices.
- Local deposit methods
- Trade 24/7 including weekends
- Fast withdrawals
Best Free Forex Trading Apps for PC, Android & iOS At A Glance
forex trading app South Africa download links.
| ✅ Free Forex Trading App | 📱Andoid App | 🍏 IOS App | 🚀 Notable App Feature | 🌟 Open an Account |
| 🥇 HFM | ✅ Yes | ✅ Yes | Offers large range of trading instruments | 👉 Download App |
| 🥈 XM | ✅ Yes | ✅ Yes | Full set of trade orders, including pending orders | .👉 Download App |
| 🏅 Deriv | ✅ Yes | ✅ Yes | 24/7 trading with synthetic indices | .👉 Download App |
| 📱 Exness | ✅ Yes | ✅ Yes | Lowest Spreads in Africa | 👉 Download App |
| 📱 FBS | ✅ Yes | ✅ Yes | Access to financial markets anytime and anywhere | 👉 Download App |
| ✅ AvaTrade Go | ✅ Yes | ✅ Yes | Price alerts and real-time market quotes. | 👉 Download App |
1. HFM App
HF Markets (formerly Hotforex) is an award-winning forex, Indices, Stocks and commodities global broker with offices in South Africa.
HF Markets provides its clients with the HFM App which allows them to trade on the go. The HFM app is the best forex trading app in South Africa.
Simple, fast and feature-rich, the award-winning mobile application takes you from insight to action by offering you a fully customized mobile trading experience.
The HFM app is available for both new and existing clients. You can also use it on Android and iOS.
The HFM app offers low spreads and commissions, which can help traders save money on their trades. The app also offers a variety of account types to choose from, so traders can find an account that fits their needs and budget.
Traders in South Africa can use the Zar account on the HFM app and avoid currency exchange costs.
The app also offers a variety of educational resources, including articles, videos, and webinars.
The app offers a range of features such as real-time quotes, charting tools, and technical analysis indicators that can help traders make informed trading decisions. Another one of the app's unique features is that it also allows for one-click trading, which can help traders execute trades quickly without any hassle.
Features Of The HFM App
- Open, close and modify positions anytime as long as markets are open
- Securely access and manage multiple accounts
- customizable charting tools and popular indicators
- real-time quotes and market-moving news
- Access 24/5 multilingual support
- Trade derivatives across forex, stocks, commodities, bonds, ETFs and indices.
- Get a detailed history of your trades and analyze your performance.
- Add instruments to your Favourites to seize market opportunities.
How To Get The HFM App
- Open an HFM account here. You can open a demo or real account.
- Download the HFM version for your device here.
- Log in to your account and start trading
| HFM SNAPSHOT | |
|---|---|
| Minimum deposit | $5 |
| Mobile app score | 4.7 stars |
| Inactivity fee | No |
| Assets | Cryptocurrencies, Currencies, Stocks, Metals, Synthetic Indices |
| Deposit methods | Credit/debit cards, Crypto, E Wallets, Local transfers |
| Withdrawal fee | $0 |
| Read review | Credit/debit cards, Crypto, E-Wallets, Local transfers |
Frequently Asked Questions on The HFM App
Create an HFM account here and then download the HFM app. Login and then start trading
Yes, you can use HF Copy on the HFM App. You can find it under “Menu” in the bottom navigation.
Yes, you can open any other trading account type for MT4/MT5 platforms and manage them with ease, in-app (e.g., open an account, manage funds).
For existing clients, you need to download or update to the latest version of the HFM App through Google Play or the App Store. Then, you simply open a Live or Demo Premium trading account on the HFM platform.
2. XM App
XM is a popular forex broker in South Africa that is well-regulated and has won multiple awards.
The company offers a mobile app that allows traders to access their accounts and trade on the go. The app offers a wide range of trading instruments, including currency pairs, stocks, indices, and commodities.
The XM Forex Trading App is a powerful tool for traders of all levels. With its user-friendly interface and comprehensive features, it's no wonder why it's become a popular choice among South African forex traders.
Features of the XM App
- Trade Forex, CFDs on Cryptos, Commodities, Stocks and more
- Instant order execution and no re-quotes
- Account customization options in-app
- Mobile deposits and withdrawals
- Advanced, up-to-the-minute charts
- Over 90 trading indicators
- The latest news, analysis, and market research
- MT4 & MT5 compatible
How to Download the XM MT4 & MT5 App
Follow these 3 easy steps to start using the XM app today.
- Sign Up for an XM Account here
- Download the relevant XM app for your device (iPhone, Android or PC) on this link.
- Verify your account and log in to the XM app and start trading on the go.
XM Snapshot
| Official Website | https://www.xm.com/ |
| Headquarters | Republic of Cyprus |
| Products Offered | Micro Account; Standard account; Ultra Low Account; Shares Account |
| Regulators | CySEC, ASIC, IFSC |
| Products offered | Forex, Stock CFDs, Commodities, Equity Indices, Precious Metals, Energies, Shares |
| Minimum Initial Deposit | 5$ or more depending on account type |
| Platforms | MT4 and MT5, Mobile App |
| Deposit Options & Withdrawal Options | Bank Wire Transfer Local Bank Transfer Credit/Debit Cards Neteller Skrill, and more. |
| Trading Fees | Low |
| Maximum Leverage | 1:888 |
| Bonuses | Yes |
| Supported currencies | USD, EUR, GBP, JPY, CHF, AUD, HUF, PLN, RUB, SGD, ZAR & more |
| Customer Support | 24/5 Live Help |
Frequently Asked Questions On The Xm App
The XM Forex App is a mobile trading platform designed for forex traders, offering a user-friendly interface, real-time market data, advanced charting tools, and instant execution. The app is available for both iOS and Android devices and aims to provide a seamless trading experience for users on the go.
Yes, The XM app is regulated and licensed by several top-tier financial authorities including FCA, ASIC, CySEC so it is safe and legit
Open your XM account here and then go to the XM app download page here. Download the app and log in to your trading account.
XM is an internationally regulated and licensed broker with over 3.5 million clients in over 200 countries. It is a legit broker and you can trade using the XM app confidently.
You can trade all the instruments available at XM including Crypto CFDs, Stock CFDs, Stock Indices CFDs, Forex, CFDs on Precious Metals and CFDs on Energies.
To trade with the XM Forex app, you will need to select the instruments that you want to trade and then enter your desired orders. You can also use the app to view charts, track your positions, and manage your risk.
Yes, you can withdraw funds from your XM trading account through the app. Navigate to the “Withdraw” section and select your preferred withdrawal method. Follow the on-screen instructions to complete the withdrawal process.
Yes, the XM Forex App is free to download and use. However, you will need to open an account with XM and deposit funds to start trading.
3. Deriv
Deriv is one of the most popular brokers in South Africa. It is favoured mostly due to its unique synthetic indices like v75 & Boom and Crash which are not offered by any other broker.
Deriv offers its clients some of the best forex trading apps in South Africa for their convenience.
One of the apps is Deriv MT5 which gives you access to multiple asset classes – forex, stocks & indices, cryptocurrencies, commodities, and derived — on a single platform. With exclusive access to innovative trade types, Deriv brings the MT5 experience to a superior level for both new and experienced traders.
With the calculators and numerous analytical tools available on the Deriv MT5 platform, you’ll be able to manage your capital and trading positions better.
Features Of The DMT5 App
- Multiple assets on a single platform
- Trade round-the-clock, even on weekends, with synthetic indices
- Quick demo account sign-up
- Open and close your positions in real time
How To Get The DMT5 App
- Sign Up for a DMT5 account here. Start by creating a demo account and then create a real account. This post shows you step-by-step instructions on how to create a DMT5 account.
- Download the DMT5 app for your device on the links below
– Android
– Apple
– Huawei - Log in to your account on DMT5 and start trading
| DERIV SNAPSHOT | |
|---|---|
| Minimum deposit | $5 |
| Mobile app score | 4.3stars |
| Inactivity fee | No |
| Assets | Cryptocurrencies, Currencies, Stocks, Binary Options, Synthetic Indices |
| Deposit methods | Zingpay, E-Wallets, Credit/debit cards, Crypto, Cash |
| Withdrawal fee | $0 |
| Read review | For a detailed analysis of Deriv, check out our review |
Frequently Asked Questions On The DMT5 App
Yes, the DMT5 is a reliable app that you can trade on securely
You can trade forex, stocks & indices, cryptocurrencies, commodities, and synthetic indices on DMT5
Other Deriv apps include:
- Deriv X
- Deriv Go
- DP2P
4. FBS Trader
FBS Trader is an all-in-one trading platform app giving you access to the world’s most wanted trading instruments right from your pocket.
What's even more exciting is that you can activate cashback in the FBS Trader app and earn up to 20% of the spread for every trade. More trades — more Cashback! Perfect for everyone who trades on mobile.
The broker is suitable for those who appreciate a variety of trading instruments and prompt support. The company is suitable for both beginners and experienced South African traders working on PCs and smartphones.
FBS Trader Features
 Trading App | FBS Trader App |
 Features | Crosshair with informative price display |
| Active orders are shown right on a chart | |
| Detailed information for every asset | |
 Trading Instruments | Over 100 Crypto trading instruments |
 Leverage | Up to 1:30 leverage on various instruments |
 Customer Service | Professional 24/7 chat support speaking 16 languages |
 Get App / Open an Account | Click Here |
How To Get The FBS Trader App
- Open an FBS Account here
- Download the Fbs App here
- Log in and start trading
FBS Overview
| Broker's Name | FBS |
| Regulation | CySEC, ASIC, IFSC, FSCA, |
| Year Founded | 2009 |
| Minimum deposit | $1 for the cent account, $5 Micro Account, $500 Zero Spread Account |
| Maximum Leverage | 1: 3000 |
| Islamic Account? | Yes |
| Types of assets traded | Forex, commodities, bonds, shares, indices, stocks, CFDs, metals, energies |
| Supported lot sizes | 0.01 – 500 |
| Demo account | Yes |
| Languages supported on the Website | Deutsch,English,Español,Français,Italiano,Português |
| Payment methods | Neteller; Sticpay; Skrill; Perfect Money, Mastercard |
| Contests & Bonuses? | Yes |
| Are multiple accounts supported | Yes |
| Is PAMM supported | No |
| Is CopyTrader supported? | Yes |
Frequently Asked Questions On The FBS Trader App
This mobile app for trading is a great choice for novice traders. Thanks to its intuitive and user-friendly interface, as well as the in-built Education, the FBS Trader app is much easier to use for beginners.
FBS Trader, a mobile trading app developed by FBS for traders to have easy access to the markets.
You can trade forex assets, as well as energies, commodities, stocks, and cryptocurrencies on the FBS traders.
Yes, the FBS Trader app was created by FBS broker and, therefore, is regulated in the same way as the broker.
5. AvaTradeGo App
AvaTrade is one of the most respected, oldest, and largest online brokerages in the world.
AvaTradeGo is a mobile trading app that allows users to trade forex, stocks, commodities, and indices on the go. The app is available for both iOS and Android devices and is designed to provide a seamless trading experience for users.
AvaTradeGo Features
AvaTrade GO Features
| Trading App | Avatrade GO |
| Features | Price alerts and real-time market quotes on popular stocks CFDs |
| Monitor social trends from the trader community | |
| Register and deposit directly from the app | |
| Trading Instruments | Over 250 Forex and CFDs trading instruments |
| Leverage | Up to 30:1 leverage on various instruments |
| Customer Service | Live Chat |
 Technical tools | Pivots, MACD, RSI and other leading indicators |
| Get App / Open an Account | Click Here |
How to Choose the Best Forex Trading App In South Africa
Forex trading apps have become increasingly popular among traders who want to stay on top of the market and make trades on the go. But with so many options available, how do you choose the best one for your needs?
In this guide, we'll explore the top factors to consider when selecting a forex trading app, including security, user experience, and more.
- Trading Goals
Determine your trading goals. First, decide if you want to be an active trader, passive trader, long-term investor, forex trader, or options trader. - Assess Licences and Regulatory Approvals
Choose reputable forex trading apps in South Africa to protect your capital and minimise risk. The best forex brokers we have recommended above are all well-regulated. - Decide on the assets you want to trade
Different trading apps give you access to trade different assets. For example, DMT5 from Deriv allows you to trade synthetic indices. The HFM app allows you to trade currencies and stocks.
Knowing what you want to trade will ensure that you download the best trading app in Zimbabwe for your needs.
- User Experience and Interface.
Another important factor to consider when choosing a forex trading app is the user experience and interface. Look for an app that is easy to navigate and has a clean, intuitive design.
The app should also offer a variety of tools and features to help you make informed trading decisions, such as real-time market data, charting tools, and customizable alerts - Customer Support and Education.
Look for an app that offers comprehensive educational resources, such as tutorials, webinars, and articles, to help you improve your trading skills and stay up-to-date on market trends.
Additionally, consider the availability and quality of customer support, such as live chat, phone support, and email support, in case you encounter any issues or have questions about the app's features.
Frequently Asked Questions On The Best Forex Trading Apps In South Africa
Yes, if you have a modern smartphone running either an Android or iOS operating system, you can install Forex trading apps on your phone. The following are the best forex trading apps
– Deriv Metatrader 5
– HFM App
– XM App
The HFM app is the best because it has an easy-to-navigate interface and low minimum deposits.
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