
10 Best Forex Brokers with Volatility 75 Index
Disclaimer: Khwezi Trade is looking to implement the VIX75 in the future.
As a short-term hedge during the market upheaval, the Volatility 75 Index is an excellent tool for traders. Volatility 75 Index trading is available from a number of reputable brokers who provide high leverage and favorable trading conditions.
In this article, we break down the best Volatility 75 index forex brokers in South Africa. Along with this, they also offer traders solid regulation, a wealth of trading features, and excellent customer support.
Volatility 75 Index Forex Brokers for South African Traders:
Khwezi Trade

As a financial services provider, Khwezi Trade is a subsidiary of Khwezi Financial Services and a South African brokerage firm.
To ensure the safety of its clients’ money, Khwezi Trade is regulated by the Financial Services and Markets Authority (FSMA). FSCA-registered representatives are also employed by Khwezi Trade.
In addition to currency pairs, commodities, and indices, Khwezi Trade offers trading on a number of global markets.
Khwezi Trade Pros and Cons
✔ Pros | ❌ Cons |
---|---|
Trusted forex broker with regulation through the Financial Sector Conduct Authority | No crypto deposits accepted |
Khwezi Trade is an industry-leading broker and is one of the first non-bank entity to receive OTC licensing | There are limited account base currency options |
Khwezi Trade is an authorised FSP and ODP in South Africa | US clients are not accepted |
Traders are provided access to powerful trading technology | |
Competitive spreads are offered | |
There is a decent maximum leverage ratio offered |
Khwezi Trade features
👉 Feature | ℹ️ Information |
---|---|
👮♂️ Regulation | 👍 FSCA |
💵 Minimum deposit from | 💰 ZAR500 |
⚖️ Average spread from | 👉 0,6 pips |
📈 Commissions from | N/A |
💸 Deposit/Withdrawal Fees | N/A |
⚖️ Maximum Leverage | ⚖️. 1:400 |
🤑 Bonuses | 👍 30% |
❓ Customer Support | 🏪. 24/5 |
HotForex

The FCA, CySEC, and the FSCA are just a few of the key international agencies that oversee HotForex.
HotForex has been named one of World Finance Magazine’s Top 100 Companies.
According to the client’s location (Europeans will only have access to three account types), HotForex offers six different account types, and the trading requirements change as the minimum deposit grows.
All accounts have variable spreads, but the Zero account offers the tightest spreads on FX pairs.
A surcharge is applied depending on the volume of trades made.
HotForex Pros and Cons
✔️ Pros | ❌ Cons |
---|---|
Commission-free trading offered along with a ZAR account | Fixed spreads are not provided |
Education materials are provided along with an economic calendar, and other tools | |
Loyalty program, deposit bonuses, and other promotions offered | |
Tight average spread is offered on major currencies such as EUR/USD |
HotForex features
👉 Feature | ℹ️ Information |
---|---|
👮♂️ Regulation | 👉 CySEC, FCA, DFSA, FSA, FSCA, CNMV, BaFin |
💵 Minimum deposit from | 💰 $5 / ZAR R80 |
⚖️ Average spread from | 👉 0.0 pips |
📈 Commissions from | 📈 $3 / ZAR R48 |
💸 Deposit/Withdrawal Fees | 🙅 None |
⚖️ Maximum Leverage | ⚖️ 1:1000 |
🤑 Bonuses | 💰 Yes |
❓ Customer Support | 🏪 24/5 |
AvaTrade

Forex, CFDs, spread betting, and social trading is all available through AvaTrade, a global broker headquartered in Dublin, Ireland.
A $250 minimum deposit is required to get started with AvaTrade, and a demo account is available for individuals who wish to familiarize themselves with the well-known MT4 forex trading platform.
Mobile apps for Android and iOS are also available from AvaTrade.
Demo, Micro, Mini, Standard, and Islamic trading accounts are all available at AvaTrade. The lowest deal size is 0.01 Lot, and AvaTrade supports a broad number of languages, including English and Italian.
AvaTrade has become exceedingly popular with traders around the world for its advanced trading environment that is complemented by a user-friendly interface and highly responsive customer support.
AvaTrade is a good pick for both beginner and advanced traders.
AvaTrade Pros and Cons
✔️ Pros | ❌ Cons |
---|---|
Broad range of tradable instruments | High EURUSD and inactivity fees |
MetaTrader 4 and 5 available | |
Excellent educational resources |
AvaTrade features
👉 Feature | ℹ️ Information |
---|---|
👮♂️ Regulation | 👉 Central Bank of Ireland, MiFID, ASiC, BVI |
💵. Minimum deposit from | 💰 $100 |
⚖️ Average spread from | 👉 0.9 pips |
📈 Commissions from | 📈 No commission on Forex |
💸 Deposit/Withdrawal Fees | 🙅. None |
⚖️ Maximum Leverage | ⚖️ 1:400 |
🤑 Bonuses | 💰 First Deposit Bonus |
❓ Customer Support | 🏪 24/5 – multilingual |
Saxo Bank

Saxo Bank is ideal for traders who can afford the minimum deposit of USD 10,000 (GBP 500 for the UK).
Saxo Bank offers competitive pricing, outstanding trading platforms, brilliant research, solid customer support, and 40,000+ products to the trade.
In order to provide a superior research experience, Saxo Bank uses a combination of in-house research of the highest quality and research from reputable third parties.
Saxo Bank Pros and Cons
✔ Pros | ❌ Cons |
---|---|
Low trading fees | Relatively slow account opening |
Transparent fee structure | Very high minimum deposit |
Saxo Bank features
👉 Feature | ℹ️ Information |
---|---|
👮♂️ Regulation | 👉 FCA, ASIC, FINMA |
💵. Minimum deposit from | 💰 $10 000 / 160 000 ZAR |
⚖️ Average spread from | 👉 0.3 pips |
📈 Commissions from | 📈 $3 / 48 ZAR |
💸 Deposit/Withdrawal Fees | 🙅 None |
⚖️ Maximum Leverage | ⚖️ 1:200 |
🤑 Bonuses | 💰 None |
❓ Customer Support | 🏪 24/5 |
Plus500

Plus500 is a well-known global brand with an easy-to-use website.
Over 2800 instruments are presently available on Plus500’s platform, which is more than other CFD suppliers.
The look and feel of the Plus 500 app are identical to the web version, and it was won numerous industry awards.
Plus 500 Pros and Cons
✔️ Pros | ❌ Cons |
---|---|
Commission-free trading is offered across the range of assets that can be traded | Fixed spreads are not offered |
The broker provides market news and in-depth insight into market conditions | There is an inactivity fee charged on dormant accounts |
Offers more than 2,000 tradable instruments that can be traded using any type of trading strategy | |
Provides a range of funding options including bank transfer, credit cards, debit cards, and others | |
Offers flexible trading conditions and a powerful proprietary trading platform and mobile trading app |
Plus 500 features
👉 Feature | ℹ️ Information |
---|---|
👮♂️ Regulation | 👍 FCA, ASIC |
💵 Minimum deposit from | 💰 ZAR/ R1600 |
⚖️ Average spread from | 👉 0,8 pips |
📈 Commissions from | N/A |
💸 Deposit/Withdrawal Fees | N/A |
⚖️ Maximum Leverage | ⚖️. 1:300 |
🤑 Bonuses | 👍 25EUR / ZAR R420 |
❓ Customer Support | 🏪. 24/7 |
IG

IG is a reputable and well-established broker that offers traders a large number of items that can be traded.
As well as exceptional trading and research tools, industry-leading education, and competitive pricing.
The type of account you can open depends on where you live.
Only forex, CFDs, and options are available for trading in the majority of countries.
There are more than 17,000 assets that may be traded on the IG platform, as well as powerful research tools and competitive spreads.
IG Markets Pros and Cons
✔ Pros | ❌ Cons |
---|---|
Powerful and user-friendly trading platforms provided | Inactivity fees are applied to dormant accounts |
Tight spreads and low commissions offered | There is a high minimum deposit requirement |
Multi-regulated and trusted broker | |
Withdrawal and deposits are free | |
FIX API DMA trading supported | |
Offers Islamic Accounts |
IG Markets features
👉 Feature | ℹ️ Information |
---|---|
👮♂️ Regulation | 👉 FCA |
💵. Minimum deposit from | 💰 R4 000 ZAR |
⚖️ Average spread from | 👉 0.6 pips |
📈 Commission | 📈 No |
💸 Deposit/Withdrawal Fees | 🙅 No |
⚖️ Maximum Leverage | ⚖️ 1:50 |
🤑 Bonuses | 💰 No |
❓ Customer Support | 🏪 24/5 |
eToro

eToro was established in 2006.
eToro is a CFD and Social Trading broker based in Cyprus, and the UK and has its head office there.
CFDs, Social Trading, and eToro trading all require a minimum investment of $200, and the platform is suitable for traders of all skill levels, from novices to seasoned pros.
Demo, Standard, and Islamic trading accounts are available through eToro. English, German, Spanish, French, and Italian are all supported by eToro.
eToro Pros and Cons
✔ Pros | ❌ Cons |
---|---|
Advanced copy trading software | High withdrawal fees |
Low minimum deposit | High trading fees for forex |
No deposit fees | Only one base currency available for accounts |
eToro features
👉 Feature | ℹ️ Information |
---|---|
👮♂️ Regulation | 👉 CySEC, FCA, ASIC |
💵. Minimum deposit from | 💰 $50 / 800 ZAR |
⚖️ Average spread from | 👉 0.75 pips |
📈 Commissions from | 📈 No commission on stocks and ETFs |
💸 Deposit/Withdrawal Fees | 🙅 $5 / 80 ZAR |
⚖️ Maximum Leverage | ⚖️ 1:30 |
🤑 Bonuses | 💰 Yes |
❓ Customer Support | 🏪 24/5 |
Pepperstone

There are an average of $12.55 billion trades processed by Pepperstone each day.
Pepperstone is well recognized for its vast array of third-party trading platforms.
Pepperstone was launched in Melbourne in 2010.
Traders can take advantage of cheap pricing, exceptional customer support, and a wide range of third-party platforms with Pepperstone.
Pepperstone Pros and Cons
✔ Pros | ❌ Cons |
---|---|
Well-regulated and large international trading provider | There are no fixed spread accounts offered |
Social trading opportunities are offered | A limited selection of tradable financial markets |
Negative balance protection applies to retail investor accounts | |
Offers some of the best customer service and a trusted trade execution model | |
Supports the use of any trading style or trading strategy, ensuring the best average spread on all instruments | |
Best broker for beginners who are just starting and offers demo accounts with virtual funding |
Pepperstone features
👉 Feature | ℹ️ Information |
---|---|
👮♂️ Regulation | 👉 FCA, ASIC, DFSA, CySEC, CMA, SCB |
💵. Minimum deposit from | 💰 $0 / 0 ZAR |
⚖️ Average spread from | 👉 0.6 pips |
📈 Commissions from | 📈 $3.76 / 60 ZAR per lot |
💸 Deposit/Withdrawal Fees | 🙅 None |
⚖️ Maximum Leverage | ⚖️ 1:30 |
🤑 Bonuses | 💰 No |
❓ Customer Support | 🏪 24/5 |
XTB

XTB is a Forex, CFD, and cryptocurrency broker that was established in 2002.
This broker has its headquarters in Poland, although it operates on a global scale.
Mobile apps for Android and iOS, as well as customer help in a wide range of languages, are available for XTB customers.
XTB also provides traders with a wide selection of languages to choose from when it comes to customer service.
XTB Pros and Cons
✔ Pros | ❌ Cons |
---|---|
Low trading fees | High stock CFDs |
Free deposit and withdrawal | Limited asset portfolio |
XTB features
👉 Feature | ℹ️ Information |
---|---|
👮♂️ Regulation | 👉 KNF, FCA, CySEC and IFSC |
💵. Minimum deposit from | 💰 $250 / 4000 ZAR |
⚖️ Average spread from | 👉 1.02 pips |
📈 Commissions from | 📈 0.08% of trade value with $8 / 128 ZAR minimum |
💸 Deposit/Withdrawal Fees | 🙅 $30 / 480 ZAR on withdrawals of less than $50 / 800 ZAR |
⚖️ Maximum Leverage | ⚖️ 1:500 |
🤑 Bonuses | 💰 $40 / 640 ZAR No Deposit Bonus |
❓ Customer Support | 🏪 24/5 |
City Index

City Index was established in 1983.
Online traders may trade in more than 12,500 products and over 100 currency pairings on the famous MT4 forex trading platform with City Index.
The City Index mobile app is available for both Android and iOS devices.
City Index is a global broker with its headquarters in the United Kingdom.
To get started, new traders must deposit a minimum of $25.
City Index is available in a variety of languages, including English, Spanish, German, Arabic, Polish, and Chinese.
City Index Pros and Cons
✔ Pros | ❌ Cons |
---|---|
Low trading fees | Limited product portfolio |
No fees for deposit and withdrawal | |
Comprehensive research tools |
City Index features
👉 Feature | ℹ️ Information |
---|---|
👮♂️ Regulation | 👉 FCA, ASIC |
💵. Minimum deposit from | 💰 $100 / 1600 ZAR |
⚖️ Average spread from | 👉 0.5 pips |
📈 Commissions from | 📈 $3 / 48 ZAR |
💸 Deposit/Withdrawal Fees | 🙅 None |
⚖️ Maximum Leverage | ⚖️ 1:200 |
🤑 Bonuses | 💰 Deposit Bonus |
❓ Customer Support | 🏪 24/6 |
Further Reading
10 Best FSCA-Regulated Forex Brokers in South Africa
10 Best Forex Brokers in South Africa
10 Best Forex Brokers in South Africa with ZAR Accounts
10 Best Forex Brokers in South Africa with Low Minimum Deposit
10 Best Forex Brokers in South Africa with High Leverage
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