In order to trade successfully, it is very important to choose the right broker. in South Africa, a large number of companies provide access to trading and you will have to choose the one for you among them. It is important to work only with reliable brokers providing all the required instruments for trading based on your trading strategy. TU analysts have selected the best cfd brokers for swap-free trading in South Africa 2026. You can compare their features and trading conditions.
1
Fusion Markets - Best for swap-free trading in South Africa
Fusion Markets is a young broker from Australia. It was created in November 2017 and began to provide full services in 2019. The company offers to trade in currency pairs and CFDs. Headquartered in Cremorne, Melbourne, Australia, the broker is regulated by ASIC (Australian Securities and Investment Commission, 385620), FSA (Financial Services Authority of Seychelles, SD096) and VFSC (Vanuatu Financial Services Commission, 40256).
👍 Advantages of trading with Fusion Markets for traders from South Africa:
•Reliable regulation;
•No non-trading fees;
•Diversity of financial instruments.
👎 Disadvantages of Fusion Markets for traders from South Africa:
•Limited educational opportunities;
•No cent accounts;
•Inability to trade with bonus funds.
2
RoboForex - Best for swap-free trading in South Africa
RoboForex is a well-established brokerage company offering a broad spectrum of trading opportunities for active traders and investors alike. With an impressive selection of over 12,000 financial instruments - including currency pairs, CFDs on stocks, indices, metals, energies.
The broker boasts competitive trading conditions: tight spreads starting from 0 pips, high leverage up to 1:2000, and fast execution speeds. The broker also offers the Copy Trading service, which allows traders to copy the strategies of successful investors and earn passive income. Additional perks include instant fund withdrawals and some of the industry’s highest affiliate payments (up to 84%).
RoboForex partners earn from: spreads on closed positions: up to 85%, equal to $10 partner payout per lot on instruments such as EURUSD and XAUUSD; swaps on open positions: 30% of the swap value—a unique feature rarely offered in partner programs, enabling earnings from clients who maintain longer-term trades. RoboForex prioritizes reliability and client satisfaction, establishing itself as a trusted partner for traders worldwide.
👍 Advantages of trading with RoboForex for traders from South Africa:
•Availability of favorable trading conditions and a minimum deposit
•Unique Copy Trading service
•Highest affiliate payments: up to 84% of the fee paid by the referral
•"Withdrawal without Commission" program
•Market launch - STP and ECN
•Instant withdrawal of funds
•Minimum deposit - $10
👎 Disadvantages of RoboForex for traders from South Africa:
•A small number of currency pairs - 28, for accounts: Pro, Pro-Cent, ECN
3
Exness - Best for swap-free trading in South Africa
Exness is one of the world’s largest brokers, known for its competitive trading conditions, high security, and wide selection of assets. The company serves over 1 million active clients and processes a monthly volume exceeding $4 trillion.
While specializing in currency pairs, Exness also offers CFDs on stocks, commodities, indices, and cryptocurrencies. The broker caters to all experience levels with various account types – from cent accounts and social trading for beginners to high leverage and Expert Advisor support for seasoned professionals.
Exness holds multiple international licenses, including the stringent FCA and CySEC, ensuring trader funds are protected.
With features like 24/7 support, fast withdrawals, and analytics tools, Exness strives to provide an optimal trading experience.
👍 Advantages of trading with Exness for traders from South Africa:
•Availability of 8 licenses;
•Wide choice of account types;
•Wide range of CFDs;
•Zero deposit and withdrawal fees;
•Proprietary platforms for active and social trading.
👎 Disadvantages of Exness for traders from South Africa:
•No educational materials;
•24/7 support isn’t available in all languages.
4
FreshForex - Best for swap-free trading in South Africa
FreshForex offers more than 270 assets for trading, including Forex, CFDs on stocks, precious metals, energy, indices, synthetic indices and cryptocurrencies.
FreshForex boasts attractive trading conditions with spreads from 0 pips and leverage up to 1:2000. There are several account types - Classic, Market Pro, and ECN - catering to different trader levels and preferences. Traders can start with a minimum deposit of just $25, though higher deposits are recommended for certain accounts.
While lacking a top-tier regulatory license, FreshForex has built a reputation through 20 years of operation with over 20 international awards for its trading conditions and services. The broker aims to provide flexible, low-cost trading options across multiple asset classes.
👍 Advantages of trading with FreshForex for traders from South Africa:
•favorable trading conditions;
•work with the liquidity providers having a European license;
•270 instruments for trading: Forex instruments, CFDs on precious metals, energy products, and indices, cryptocurrencies as well as corporate shares and ETF;
•spreads from 0 pips;
•the ability to replenish the account and withdraw funds quickly;
•bonuses and offers;
•easy to use the software that is available on your desktop computer, laptop, tablet, or smartphone.
👎 Disadvantages of FreshForex for traders from South Africa:
•customer service works 24 hours although not on weekends;
•no investment programs.
5
Gerchik & Co - Best for swap-free trading in South Africa
Gerchik & Co was founded in 2015 by Ukrainian traders Oleksandr Gerchik and Ivan Kroshny and began operations in July of that year. Initially, it focused on the Commonwealth of Independent States (CIS, a Post-Soviet Union regional intergovernmental organization consisting of 9 countries in Eurasia) before expanding to the European level.
In November 2015, Gerchik&Co was recognized as the "Fastest Growing Broker" by the Mena 15th Forex Show. Based on the results of an independent vote by Russian Trading Day Money, the company received the "Breakthrough of the Year" award in December 2015, and Oleksandr Gerchik obtained the title of "Best Speaker" in the same month. To protect its clients' interests, the company also cooperates with the Traders Union and the International Financial Commission.
👍 Advantages of trading with Gerchik & Co for traders from South Africa:
•more than 870 trading instruments;
•permission to use expert advisors and other tools for technical analysis and trade automation;
•high order execution and market operation speed, achieved through collaboration with 15 liquidity providers.
👎 Disadvantages of Gerchik & Co for traders from South Africa:
•MetaTrader 4 and MetaTrader 5 trading platforms;
•no apps for mobile trading, only the mobile version of the website is available.
•many quotes provided by the broker are inaccurate;
•strict user conditions in the Terms of Agreement;
•trading on weekends is not possible.
TOP 5 Comparison
This table makes it easy to compare the best cfd brokers for swap-free trading in South Africa for 2026 by placing their information side by side all in one place. The table includes the categories that are most important when deciding on a broker to work with. The data contained in this table is verified and only includes the most reputable brokers.
| Fusion Markets | RoboForex | Exness | FreshForex | Gerchik & Co | |
|---|---|---|---|---|---|
|
Trading platform |
MT4, MT5, TradingView, WebTrader, cTrader |
MT4, MT5, R MobileTrader, R StocksTrader, R WebTrader |
Exness Trade App (mobile), Exness Terminal (web), MetaTrader5, MetaTrader4 |
MT4, Mobile Trading, MT5 |
MetaTrader4, MetaTrader5 |
|
Min deposit |
$1 |
$10 |
$10 |
$25 |
$10 |
|
Leverage |
From 1:30 |
From 1:1 |
From 1:1 |
From 1:25 |
From 1:1 |
|
Trust management |
No |
No |
No |
No |
Yes |
|
Accrual of % on the balance |
No |
10.00% |
No |
No |
No |
|
Spread |
From 0.1 points |
From 0 points |
From 0 points |
From 0 points |
From 0 points |
|
Level of margin call / stop out |
No |
No |
No |
No |
No |
|
Execution of orders |
Market Execution |
Market Execution, Instant Execution |
Market Execution, Instant Execution |
Market Execution |
Market Execution |
|
No deposit bonus |
No |
No |
No |
No |
No |
|
Cent accounts |
No |
Yes |
Yes |
Yes |
No |
Commissions & Fees
Brokerage fees are the amount of money that you pay for using the services that a brokerage offers in order to perform trading and manage investments. The brokerage fee structure and regulations vary from broker to broker, and there are two primary fee types which are:
Trading Fees: This type of fee is only charged when you perform a trade. It can be a conversion fee, margin rate, financing rate, spread, or commission.
Non-Trading Fees: This type of fee isn't directly related to your trading activity, and it can include inactivity fee, withdrawal fee, deposit fee, etcetera.
Fusion Markets Commissions and Fees
The results of the analysis carried out by the Traders Union specialists showed that trading and non-trading fees at the Fusion Markets broker are low. On Classic accounts, the brokerage commission is included in the spread. Zero accounts are charged an additional base commission per lot of $4.5 per round (open and close). Non-trading fees are $0. The broker does not charge commissions when depositing/withdrawing funds. However, warns that commissions may be charged on the side of the bank or the client's payment system.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Zero |
4,5$ |
No |
|
Classic |
9$ |
No |
|
Swap Free |
0$ |
No |
RoboForex Commissions and Fees
Our experts have checked this company for trading and non-trading commissions. In the trading commission category, the broker's spread was considered, and as a non-trading commission, it charges an additional fee for withdrawing funds.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Pro |
$13 |
No |
|
Pro-Cent |
$13 |
No |
|
ECN |
$3 |
No |
|
Prime |
$1 |
No |
Exness Commissions and Fees
Exness charges only trading fees. These are spreads on Standard and Pro accounts and spreads + fees per lot on Raw Spread and Zero accounts. The company doesn’t withhold non-trading fees.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Standard Cent |
$0.3 |
No |
|
Standard |
$3 |
No |
|
Standard Plus |
$10 |
No |
|
Raw Spread |
$0 |
No |
|
Zero |
$0 |
No |
|
Pro |
$1 |
No |
FreshForex Commissions and Fees
FreshForex trading conditions were analyzed by the Traders Union analysts for any explicit and hidden commissions. They found that there are no hidden commissions and there is no commission for replenishment.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Classic |
From $20 |
No |
|
Market Pro |
From $9 |
No |
|
ECN |
From $0 |
From 0.003% per contract |
Gerchik & Co Commissions and Fees
Gerchik&Co was examined by experts at the Traders Union for the presence of trading and non-trading fees. The trading fee is the spread set by the broker, and the non-trading fee is an additional fee for withdrawing funds.
| Account type | Spread (minimum value) | Withdrawal commision |
|---|---|---|
|
Zero |
from $10 |
No |
|
Premium |
from $0 |
No |
Summary
Many brokers are available for traders from South Africa, but not all of them offer good conditions. In this review, TU experts chose the Best cfd brokers for swap-free trading in South Africa 2026. These are the most trusted companies that offer the best conditions for traders. You will also be able to review the general assessment of each broker.
Overall score of the best CFD Brokers For Swap-Free Trading in South Africa
| Fusion Markets | RoboForex | Exness | FreshForex | Gerchik & Co | |
|---|---|---|---|---|---|
|
Overall score |
9.2 |
9.15 |
9.1 |
7.4 |
7.51 |
|
Execution of orders |
7.95 |
8.95 |
9.6 |
7.65 |
7.21 |
|
Investment instruments |
9.2 |
4.7 |
8.1 |
2.5 |
4.9 |
|
Withdrawal speed |
10 |
8 |
7 |
6 |
6 |
|
Customer Support work |
6.2 |
9.6 |
9.9 |
6 |
7.1 |
|
Variety of instruments |
7.23 |
9.2 |
8.02 |
8.02 |
7.06 |
|
Trading platform |
6.6 |
9.2 |
7.2 |
5 |
7.2 |
|
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FAQ
What factors are important when you are choosing a broker?
When you are choosing a broker, it is important to make sure it is a reliable company, consider its fees, the list of trading instruments, deposit and withdrawal methods and other factors. It is important to study a broker in detail, before opening an account with it.
What learning instruments can a broker offer?
Brokers offer various educational options. These include full-fledged educational courses, or video tutorials, articles, and books. Companies also often hold seminars and webinars.
How much money do I need in order to start working in the financial markets?
The initial capital depends on the assets you plan to trade. However, in the majority of cases, $300-500 is a good amount for a start.
Can you earn passive income in the financial markets?
Yes, the best brokers in South Africa offer passive income options. These could include copy trading, PAMM accounts, managed portfolios, etc.
Best CFD Brokers For Swap-Free Trading by Countries
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Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.
