Top 5 Mobile Trading Apps for South African Traders in 2023

South African traders have a range of choices when it comes to trading apps, so make sure you select the one best suited for your requirements. These apps are usually regulated by top-tier regulators and provide secure trading environments.

Some of the top trading apps offer educational resources and support. These tools can teach you more about forex trading and how to effectively trade it.


Avatrade is an online broker offering forex and CFD trading. Established in 2006, it's regulated by Tier-1 jurisdictions and known for its customer service and trading platform. Furthermore, Avatrade enjoys a safe reputation due to negative balance protection, segregation of client funds, and tight regulatory oversight.

Avatrade provides a range of investments, such as CFDs on stocks, bonds, commodities and cryptocurrencies. Its mobile app makes trading from anywhere easier with features like AvaProtect orders that safeguard against financial losses.

The company provides an array of trading tools, such as Trading Central. This platform specializes in technical analysis of different assets and also provides a daily news feed and sentiment scores for individual assets.

Avatrade's blog provides market commentary in video format. Furthermore, they offer trading ideas based on technical analysis, such as trading signals and trend analysis.

Avatrade's trading fees may be higher than those of its rivals, but these can be offset by the company's competitive pricing and education offerings. Their website offers an array of educational content to assist new traders in getting started.

Customer service at this business is renowned, with staff answering queries promptly and providing insightful responses. Furthermore, there's an accessible Help Center available in 14 languages.

Avatrade provides accounts in five base currencies, such as USD, EUR, GBP and CHF. If trading is desired in INR, please be aware of the conversion fee which will apply per trade - especially for Indian traders with bank accounts in INR.

Avatrade is an ideal option for both new and experienced traders alike. Its account opening process is hassle-free, and there are multiple deposit methods available. Plus, its support team are available 24/7 in 14 languages via its website's FAQ section which answers frequently asked questions. Avatrade truly stands out among competitors when it comes to user experience and platform capabilities.

HF Markets

HF Markets offers its clients a comprehensive selection of trading products and services. Customer support is available 24/7 via email, phone, and live chat, plus traders have multiple secure payment options to choose from when making deposits or withdrawals.

For traders seeking to trade forex, commodities, indices or shares, HF Markets has something for everyone. The broker provides competitive spreads and fees as well as an array of trading tools and software.

To open an account at HF Markets, you will need to provide some basic information and submit some documents verifying your identity and address. Proof of identification can be a colored scanned copy (PDF or JPG format) of your current passport or driver's license; proof of residence should be in the form of either bank statement or utility bill. HF Markets will review these documents and accept you as a trading partner.

HF Markets offers MetaTrader 4 as its trading platform, which is compatible with desktops, web terminals and mobile devices. You can trade while on-the-go using their app which features an intuitive user interface as well as multiple layers of security to safeguard both personal and financial data.

HF Markets provides a range of trading tools, such as Expert Advisors and trailing stops. Additionally, they support pending orders, automated trading, and one-click trading. Furthermore, the company provides negative balance protection which limits losses to your original deposit amount.

HF Markets is an ideal option for South African traders looking to begin online trading. As a highly regulated broker, you can rest assured that your personal and financial data is safe with them. Furthermore, they offer plenty of educational materials to help develop your trading skills and strategies.


XM is an online forex broker that provides a robust selection of trading tools, educational resources and a secure platform. Customer service is its top priority; XM provides live chat support, telephone support and email assistance.

Traders can utilize the XM Mobile App to access a range of features designed to aid them in trading more efficiently, such as Market Overview, News, Trade Ideas and XM Research. Furthermore, traders are able to monitor their trade history to guarantee they make the most out of investments and maximize profits.

The XM mobile app is free to download and gives traders the freedom to make and manage trades from any location at any time. With its user-friendly interface, traders gain a better insight into global markets. Furthermore, its features include risk management tools like price alerts and stop loss orders for added peace of mind.

XM has earned the trust of various financial authorities by adhering to stringent security protocols. All funds are stored safely in segregated accounts at Tier 1 banks, and the company abides by all regulations set out by its licensing bodies - ASIC, CySEC, FSC and DFSA - for customer protection.

XM also provides its clients with a complimentary demo account to practice and evaluate their strategies without risking any real money. This is an ideal opportunity to gain experience without investing any of your own funds.

Furthermore, XM provides free weekly webinars and Live Education sessions. These provide training to beginners as well as expert instructors for more experienced traders.

South African traders looking to trade forex or cryptos will find XM an ideal choice. Their trading platforms provide the ideal combination of functionality and support with low fees and a range of account types.


Plus500 is an established trading platform that provides traders with a range of instruments to trade. They are well regulated and provide customer support 24/7. Plus500 even provides new investors with a demo account so they can explore the platform before investing real money.

Traders can access their mobile app to monitor markets from any device and stay current with their positions. It is compatible with iPhones, Android devices and Windows phones and features biometric identification as well as two-step login for extra security.

They provide a wide selection of trading instruments such as stocks, options and futures. Clients can deposit and withdraw funds instantly.

Their customer service is available in multiple languages and through email and live chat, offering prompt responses to queries. Their representatives take pride in answering questions thoroughly and promptly.

The platform is user-friendly with an intuitive interface. Furthermore, it includes risk management tools to help minimize losses and safeguard profits.

Plus500 offers the perfect platform for traders of any skill level - their free demo account can be opened in mere minutes and it's ideal for both beginner and experienced investors alike. Plus500's easy demo account setup process also makes Plus500 the perfect choice for new traders to try out trading without risk of loss.

Deposit in 10 base currencies and withdraw with debit/credit cards, bank wire transfers or electronic wallets. The company does not charge any deposit fees but reserves the right to charge you if your monthly withdrawal limit is exceeded.

They provide a range of investments such as commodities, shares and cryptocurrencies. Traders can trade these instruments through one account and select from various leverage levels.

Plus500's client money is safeguarded under both UK Financial Conduct Authority (FCA) rules and Cyprus Securities Exchange Commission oversight. All client money is deposited into segregated trust accounts, with none of it used for broker business activities such as hedging.


Tickmill is an established forex broker that offers a host of features and competitive fees. It's licensed in three major jurisdictions: the United Kingdom, Seychelles, and Cyprus Securities and Exchange Commission (CySEC).

Tickmill offers customer support five days a week from 7am to 1pm GMT. You can reach them via phone, email, or live chat.

Tickmill has earned a stellar reputation for providing excellent customer support. Their team of knowledgeable specialists are ready to answer your queries and guide you through the trading world.

They provide education through webinars, seminars and Ebooks to help you become a more knowledgeable trader and boost your chances of making consistent profits.

The Tickmill mobile trading app is accessible for both Android and iOS devices, offering a user-friendly design that lets you manage your account while on-the-go.

Traders can deposit and withdraw funds using a variety of methods, such as bank transfer, credit or debit card (Visa and MasterCard), QIWI, Neteller, Skrill and electronic wallets. Withdrawals are free for deposits over $100 while there is a fee for amounts below that amount.

Tickmill's platform is built upon MetaTrader 4, featuring a comprehensive set of trading tools and features. This enables traders to trade various asset classes such as forex, stocks, stock indices, commodities and German government bonds.

Tickmill's mobile trading app is designed with simplicity in mind, and available on both iOS and Android devices. It boasts a number of features like a dashboard, trading screen, quotes, and charts that are intuitive to navigate with an uncluttered interface - making it suitable for both new and experienced traders alike.