SafeForexBrokers.co.za is a broker research website, founded in 2022. Our mission is to help South African forex traders stay safe while trading online by educating on how to identify & avoid unregulated platform.

We do this by reviewing the popular FSCA regulated forex brokers based on unbiased factors.  

We spend many hours to research every regulated South African forex broker, we only looked at regional licensed brokers. We then compare these regulated Forex & CFD brokers based on our methodology of vetting a broker against our 12+ factors. After that we grade these brokers out of 10 on each of those factors (with different weightage), and then publish of final ratings, for different broker categories on our homepage and guides.

New traders can also read our in-depth educational guides on the basics of forex trading, or read reviews of the forex brokers.

Avoiding Fake & Scam Brokers

We also try to help traders identify fake forex brokers, by providing information in our broker research guides on what traders should look for when trying to spot if the broker is genuine or not.

In our guides, we explain our methodology for that guide in-depth. We explain why that factor matters in our research & how exactly can you evaluate the broker based on those factors.

Our 12+ Ranking Factors

We rank forex brokers based on multiple factors. To each factor we give different weightage, and then aggregate the brokers.

Our Broker Ranking factors include:

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