AvaTrade offers 55 currency pairs as CFDs, but what really sets this platform apart is that you can trade forex options. In fact, it comes with a handful of premade strategies that you can use and gives you the ability to generate steady income by writing put and call orders. This broker also supports MetaTrader 4 and 5, as well as its own proprietary web and mobile trading platform. Having access to MetaTrader is a major plus for more advanced traders as this gives you the ability to trade with forex signals.

AvaTrade also has a social trading network, called AvaSocial, where you can connect with thousands of other traders from around the world. While AvaTrade is built with experienced traders in mind, it offers a handful of educational resources for novices. For example, the broker offers a guide to technical indicators and an introduction to popular technical trading strategies. AvaTrade also has an easy to use demo account and a library of videos to help you dive into trading.

AvaTrade is regulated by the FSCA in South Africa, the Australian Securities and Investments Commission ASIC , and the Central Bank of Ireland. Plus is an excellent bonus broker for South African traders who want access to a wide variety of instruments.

This platform offers CFDs for 1, global shares, 70 currency pairs, 14 cryptocurrencies, and 25 commodities. The broker charges an average spread of just 0. We especially like that Plus offers ZAR forex accounts and that you can deposit funds using e-wallets like PayPal.

The platform includes dozens of built-in technical indicators along with a news feed and economic calendar. Plus also supports guaranteed stops, which can lock in a sell price even when the market drops suddenly. Plus is regulated by the UK FCA and the Financial Sector Conduct Authority FSCA in South Africa. In addition, XM offers accounts denominated in ZAR for trading forex and CFDs.

This broker is one of our top picks for trading stocks in South Africa. The broker carries CFDs for over 1, global shares, and South African traders have the option to buy shares outright as well.

XM charges a commission of just 0. XM also carries CFDs for forex, commodities, stock indices, and commodities, but not for cryptocurrencies.

Traders can choose between several different account types, which offer spreads as low as 0 pips on major currency pairs. These platforms can have a steep learning curve, especially for those who are new to trading. However, for experienced traders, these platforms offer key features like strategy backtesting, customisable alerts, and personalised indicators.

XM also has a VPS virtual private server available for high-frequency trading. XM is regulated by CySEC and the International Financial Services Commission IFSC in Belize. FBS is a South African forex and CFD broker that offers trading on 37 currency pairs as well as shares, indices, and commodities. The broker charges spreads as low as 0. One neat thing about FBS is that the broker offers 5 different types of accounts to meet the needs of every trader.

Another nice thing about FBS is that the broker supports copy trading through the MetaTrader 4 platform. FBS also offers its own custom web and mobile trading app, called FBS Trader, as well as MetaTrader 5. FP Markets is an Australian CFD broker that offers forex trading, stock trading, index trading, and commodity trading.

This broker offers a huge range of tools, which makes it very appealing for advanced forex traders in South Africa. The broker has 3 different trading platforms to choose from: MetaTrader 4, MetaTrader 5, and Iress.

Iress is a direct market access DMA trading platform that comes with 59 technical indicators, highly customisable chart layouts, and advanced order management options.

FP Markets also gives you access to Myfxbook Autotrade, an algorithmic trading platform that integrates with MetaTrader 4. This integration is easy to use for first-time auto traders, and it enables you to track your performance and identify weak spots over time. In addition, FP Markets supports copy trading through MetaTrader 4 and 5. There is no limit on the number of providers you can copy, and you can turn individual traders on or off at any time to customise your trading even while copying.

FP Markets is regulated by ASIC in Australia. The broker only offers customer support during trading hours. TemplerFX also offers some other promotions, including a loyalty bonus when you make a deposit. That means that there are no protections like negative balance protection or a guarantee of your funds in the event that the broker goes out of business.

One advantage to trading with an unregulated broker is that TemplerFX is not subject to leverage limitations. With this broker, you can trade major forex pairs with leverage up to 1, and share CFDs with leverage of Currency pairs are typically traded in lots of , TemplerFX offers its own proprietary trading platform, as well as integrations for MetaTrader 4 and MetaTrader 5.

The broker offers customer support by phone, email, and live chat. EMD Finance is a global CFD broker that offers trading on shares, forex, commodities, and cryptocurrencies. The platform stands out for offering very high leverage, up to , for forex trading and gold trading.

In addition, EMD Finance charges no commissions with a standard trading account and spreads start as low as 0. All you have to do is verify your identity to open an account, and you can start trading with the funds right away.

You must trade at least 20 lots with EMD Finance before you are able to withdraw the bonus money. So, it can be hard for newer traders to break into forex with this brokerage. All EMD Finance accounts come with negative balance protection, which is a plus given the high leverage this broker offers.

In addition, the broker allows you to open ECN Electronic Communications Network accounts for faster trade execution and offers Islamic accounts that eliminate swap charges. EMD Finance is regulated in St. Vincent and the Grenadines. The broker does not offer customer support. Choosing the best no deposit bonus broker in South Africa depends on a few different factors. All of the brokers we highlighted, except for TemplerFX, are licensed and regulated by governmental agencies.

The size of the bonus being offered is extremely important. Most brokers offer only a small bonus to encourage you to get started and to enable you to try out the platform risk-free. In addition, be sure to study the rules for how to get the promised bonus closely.

Most brokers that offer no deposit bonuses are not trusted. But you should still carefully read terms of these brokers before signing up for any of their bonus. Here are our 3 Recommended Best No Deposit bonus forex Brokers for Trading CFDs is risky. Your capital is at risk. Disclosure: We earn a commission if you Sign Up with a broker through referral links in this review. This helps us cover the expenses for running the website. We aim to help traders in South Africa find the best forex brokers.

Read more.. Read full risk disclaimer.. za: 1 Forex Broker Comparison website in South Africa. All Rights Reserved, By Rahul Sharma Editorial Staff —. Overall Rating 9. Overall Rating 8. Tickmill is a FSCA regulated forex broker, and also regulated by multiple Top tier regulators including FCA. Which forex brokers offer No deposit bonus in South Africa? Can I withdraw the No deposit Forex bonus? Are no deposit bonus brokers safe?

No Deposit Bonus Brokers Comparison Summary Here are our 3 Recommended Best No Deposit bonus forex Brokers for Rated 1 Get Bonus Read Review. Rated 2 See Bonus Terms Read Review. Best Rated Forex Brokers 1 Hotforex 2 XM Trading 3 Exness 4 Avatrade 5 FXTM South Africa 6 FXCM South Africa. Helpful Links Best South African Forex Brokers Forex Trading in South Africa Best ECN Brokers FSCA Regulated forex brokers Best Bitcoin Brokers Forex Trading platforms in South Africa Forex Trading Apps in South Africa MetaTrader 4 Brokers in South Africa Best forex brokers that offer ZAR Accounts No deposit Bonus forex brokers in South Africa Best Forex Brokers for Beginners in South Africa Best South African Brokers with NAS Best CFD Trading Brokers in South Africa Best Volatility 75 Index Brokers in South Africa Risk Disclaimer.

Something else you need to consider: what kind of terms and conditions they have for their bonuses. Usually, a broker, whether it is a South African FX brokerage or otherwise, will have some terms and conditions attached to the bonus. It might be a no withdrawal policy unless you deposit a certain amount, or unless you make a certain amount of money off of the bonus.

It could be that you need to complete certain actions to be able to receive the money. It is important to know these, so you can intelligently apply and gain benefit from the bonus.

Finally, it is important to know the general no deposit bonus withdrawal conditions, associated fees and other possible money related conditions that a Forex brokerage might have.

If the brokerage has a nice bonus, but does not offer an agreeable spread system, has commissioned or has other aspects that you do not find to be agreeable to you, it is not recommended to try and get the bonus from the broker. Make sure to check if the broker is offering F orex no deposit bonus without verification, this should raise your suspicions and validate more research.

The way to avoiding the scams we have mentioned so many times up to this point is simple: do your research and know the signs.

While this might seem like a complicated and time-consuming process, it is an important one nonetheless. Just like with any other kind of investment activity, you need to know what you are doing, and need to know that your money is safe. This is why you need to research the Forex trading scams and treat all others with suspicion.

If a broker has an underdeveloped and ugly website, is promising something that might seem too good to be true and has many negative broker reviews online, it might be a good idea to abstain from investing with them, as they are most likely to be either a scam or a very unscrupulous company. Here is a quick checklist of red flags to look for:. These red flags should provide you with enough evidence to decide against investing with a company, despite the amazing bonuses they may offer.

We have provided a number of reviews of good and bad forex brokerages in South Africa on our page that you can take a look at. Those should be able to help you understand what the best Forex broker qualities are and how to choose the best South African broker offering no deposit bonus.

Start trading with XM with no deposit bonus. Home - South African Forex no deposit bonus offers from trusted brokers. South African Forex no deposit bonus offers from trusted brokers Table of Contents 1 What is a no deposit bonus? Software MT4, MT5. Validation sign up. Get bonus now Read review. Volume Requirement None. Validation Sign up. Read review. Software MT4. Volume Requirement Not Stated. Validation Email confirmation. Amount 30 USD.

Want to trade stocks, forex, cryptocurrencies, and more without putting any money down? With a no deposit bonus broker, you can! Here are the 10 best no deposit bonus brokers in South Africa for , you can find more detail in our full reviews when you scroll down:. Libertex is one of the best forex brokers with a bonus in South Africa. Libertex also stands out for giving traders access to the popular MetaTrader 4 platform. This forex trading platform is available for web and mobile, and includes hundreds of built-in indicators.

It also supports customisable forex signals and strategy backtesting, and even enables you to code your own technical studies. Libertex also has its own proprietary trading platform, which you can use to trade shares, commodities, cryptocurrencies and indices with this broker. Libertex carries CFDs for dozens of popular US stocks as well as a wide range of popular cryptocurrencies. Libertex is regulated by the Cyprus Securities and Exchange Commission CySEC.

The broker offers customer support by email only. com is another option for South African forex traders looking for the best forex brokers with a bonus. In addition, Capital. com is a multi-asset CFD broker with over 3, shares and dozens of indices and commodities available for trading.

The bonus at Capital. This broker is more than just a source of free cash for trading. com has a custom web and mobile interface with dozens of technical indicators, watchlists, a news feed, and more. com is regulated by the FCA and CySEC.

AvaTrade is one of the top forex brokers with a no deposit bonus in South Africa. AvaTrade offers 55 currency pairs as CFDs, but what really sets this platform apart is that you can trade forex options. In fact, it comes with a handful of premade strategies that you can use and gives you the ability to generate steady income by writing put and call orders. This broker also supports MetaTrader 4 and 5, as well as its own proprietary web and mobile trading platform.

Having access to MetaTrader is a major plus for more advanced traders as this gives you the ability to trade with forex signals. AvaTrade also has a social trading network, called AvaSocial, where you can connect with thousands of other traders from around the world.

While AvaTrade is built with experienced traders in mind, it offers a handful of educational resources for novices. For example, the broker offers a guide to technical indicators and an introduction to popular technical trading strategies.

AvaTrade also has an easy to use demo account and a library of videos to help you dive into trading. AvaTrade is regulated by the FSCA in South Africa, the Australian Securities and Investments Commission ASIC , and the Central Bank of Ireland. Plus is an excellent bonus broker for South African traders who want access to a wide variety of instruments. This platform offers CFDs for 1, global shares, 70 currency pairs, 14 cryptocurrencies, and 25 commodities.

The broker charges an average spread of just 0. We especially like that Plus offers ZAR forex accounts and that you can deposit funds using e-wallets like PayPal. The platform includes dozens of built-in technical indicators along with a news feed and economic calendar. Plus also supports guaranteed stops, which can lock in a sell price even when the market drops suddenly. Plus is regulated by the UK FCA and the Financial Sector Conduct Authority FSCA in South Africa.

In addition, XM offers accounts denominated in ZAR for trading forex and CFDs. This broker is one of our top picks for trading stocks in South Africa. The broker carries CFDs for over 1, global shares, and South African traders have the option to buy shares outright as well.

XM charges a commission of just 0. XM also carries CFDs for forex, commodities, stock indices, and commodities, but not for cryptocurrencies.

Traders can choose between several different account types, which offer spreads as low as 0 pips on major currency pairs. These platforms can have a steep learning curve, especially for those who are new to trading.

However, for experienced traders, these platforms offer key features like strategy backtesting, customisable alerts, and personalised indicators. XM also has a VPS virtual private server available for high-frequency trading. XM is regulated by CySEC and the International Financial Services Commission IFSC in Belize. FBS is a South African forex and CFD broker that offers trading on 37 currency pairs as well as shares, indices, and commodities.

The broker charges spreads as low as 0. One neat thing about FBS is that the broker offers 5 different types of accounts to meet the needs of every trader. Another nice thing about FBS is that the broker supports copy trading through the MetaTrader 4 platform. FBS also offers its own custom web and mobile trading app, called FBS Trader, as well as MetaTrader 5. FP Markets is an Australian CFD broker that offers forex trading, stock trading, index trading, and commodity trading.

This broker offers a huge range of tools, which makes it very appealing for advanced forex traders in South Africa. The broker has 3 different trading platforms to choose from: MetaTrader 4, MetaTrader 5, and Iress. Iress is a direct market access DMA trading platform that comes with 59 technical indicators, highly customisable chart layouts, and advanced order management options.

FP Markets also gives you access to Myfxbook Autotrade, an algorithmic trading platform that integrates with MetaTrader 4. This integration is easy to use for first-time auto traders, and it enables you to track your performance and identify weak spots over time. In addition, FP Markets supports copy trading through MetaTrader 4 and 5. There is no limit on the number of providers you can copy, and you can turn individual traders on or off at any time to customise your trading even while copying.

FP Markets is regulated by ASIC in Australia. The broker only offers customer support during trading hours. TemplerFX also offers some other promotions, including a loyalty bonus when you make a deposit. That means that there are no protections like negative balance protection or a guarantee of your funds in the event that the broker goes out of business. One advantage to trading with an unregulated broker is that TemplerFX is not subject to leverage limitations.

With this broker, you can trade major forex pairs with leverage up to 1, and share CFDs with leverage of Currency pairs are typically traded in lots of , TemplerFX offers its own proprietary trading platform, as well as integrations for MetaTrader 4 and MetaTrader 5.

The broker offers customer support by phone, email, and live chat. EMD Finance is a global CFD broker that offers trading on shares, forex, commodities, and cryptocurrencies. The platform stands out for offering very high leverage, up to , for forex trading and gold trading.

In addition, EMD Finance charges no commissions with a standard trading account and spreads start as low as 0. All you have to do is verify your identity to open an account, and you can start trading with the funds right away. You must trade at least 20 lots with EMD Finance before you are able to withdraw the bonus money. So, it can be hard for newer traders to break into forex with this brokerage.

All EMD Finance accounts come with negative balance protection, which is a plus given the high leverage this broker offers. In addition, the broker allows you to open ECN Electronic Communications Network accounts for faster trade execution and offers Islamic accounts that eliminate swap charges. EMD Finance is regulated in St.

Vincent and the Grenadines. The broker does not offer customer support. Choosing the best no deposit bonus broker in South Africa depends on a few different factors. All of the brokers we highlighted, except for TemplerFX, are licensed and regulated by governmental agencies. The size of the bonus being offered is extremely important. Most brokers offer only a small bonus to encourage you to get started and to enable you to try out the platform risk-free. In addition, be sure to study the rules for how to get the promised bonus closely.

No deposit bonus brokers enable you to get the funds just by signing up and verifying your identity. Other bonus brokers may require you to make a minimum deposit, and then release your funds only after a certain number of trades.

In some cases, the size of your bonus may be linked to your trading volume or initial deposit. The types of assets you can trade is another factor to consider when choosing a bonus broker in South Africa.

No deposit bonuses are common among forex brokers, but many of the brokers we highlighted also offer trading on shares, commodities, indices, and cryptocurrencies. AvaTrade also offers forex options trading, which few other bonus brokers enable.

Carefully consider what you plan to trade and whether a prospective broker offers that instrument. Many of the brokers with a bonus that we reviewed support the MetaTrader 4 and MetaTrader 5 trading platforms, which are highly popular among forex and CFD traders. They offer customisable charts, forex signals, and strategy backtesting. However, some brokers have their own proprietary trading platforms that can be just as powerful and offer some unique features.

Ready to start trading with one of the bonus brokers in South Africa? The first step to trading with Capital is to create a new account. You can join using the Capital. com website or by downloading the mobile app.

You can also sign up using your Google or Facebook login information. You will also need to upload a copy of a proof of address, such as a financial statement or utility bill.

All Rights Reserved, Trading Platforms. What is an Islamic trading account? The general consideration that you must keep in mind when choosing any No deposit bonus offering forex broker are generally the same factors when choosing a forex brokers. Pepperstone 5. Best South Africa Stock, Forex, CFD, Crypto, Social or Day Trading Platform that meets your needs. Bonus Amount.

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