The 10 Best Forex Trading Courses in South Africa revealed.
We have listed, rated, and reviewed the Best Forex Trading Courses in South Africa. We showcase which notable providers offer the best educational resources for both beginner and professional traders.
This is a complete listing of The Best Forex Trading Courses in South Africa.
In this in-depth write-up you will learn:
- Where can I Study Forex in South Africa – Revealed!
- Online Forex Trading Courses in South Africa
- Forex Trading Schools in Johannesburg
- Accredited Forex Trading Diploma Courses
- Forex Classes near Me
and much, much more!
10 Best Forex Trading Courses in South Africa (2024) – A Comparison
| 🔎 Provider | ✅ Course Type | 📊 Level | 💵 Cost (From) | 🚀 Sign Up |
| 🥇 IG | Seminar / Webinar | All | None | 👉 via Customer Support |
| 🥈 ThinkMarkets | Webinar | All | None | 👉 Click Here |
| 🥉 HF Markets | e-Course | All | None | 👉 Click Here |
| 🏅 FXCM | Webinars | All | None | 👉 Click Here |
| 📌 KhweziTrade | Webinars | All | None | 👉 Click Here |
| 📍 Forex Acadamy | Courses | Beginner | 🚩 R1800 ZAR | 👉 via Customer Support |
| 🏅 Pepperstone | Webinars | All | None | 👉 Click Here |
| 📌 Wealth Forex Acadamy | Courses | Beginner | 🚩 R6999 ZAR | 👉 via Customer Support |
| 📍 Stock Market College | Courses | Beginner | 🚩 R6000 ZAR | 👉 via Customer Support |
| 🏅 Learn to Trade | Courses | Beginner | Free Introduction | 👉 via Customer Support |
10 Best Forex Brokers in South Africa for 2024
Rank
Broker
Review
Regulators
Min Deposit
Official Site
10 Best Forex Trading Courses in South Africa (2024)
- ✅ IG – Overall, Best Broker with Webinars, Seminars, and Courses
- ✅ ThinkMarkets – Best Crash Course in Forex Trading
- ✅ HF Markets – Best Webinars for Beginners
- ✅ FXCM – Best Free Course Options
- ✅ Khwezi Trade – Trusted South African Webinar Provider
- ✅ Pepperstone – Best Overall offering for All trading levels
- ✅ The Forex Academy – Most Extensive Forex Trading Courses
- ✅ The Wealth Forex Academy – Johannesburg Based Academy
- ✅ The Stock Market College – Comprehensive Course Offering
- ✅ Learn to Trade – Best Value Course Offerings
Top Forex Brokers with Seminars, Webinars, and Courses
IG
IG is a Forex Broker that gives South African investors access to thousands of financial markets, and secondly, Market leading Seminars and Webinars.
IG Overview
| 🔎 Broker | ✅ IG Group |
| 💰 Trading Fee Class | Average |
| 💵 Inactivity Fee | ✔️ Yes |
| 💳 Minimum Deposit | $0 USD |
| 💡 Base currencies | 6 |
| ✅ Demo Accounts | ✔️ Yes |
| 📌 Products Offered | ETF, Forex, Options |
| 🔎 Open an Account | 👉 Click Here |
IG Seminars, Webinars, and Courses
IG makes a long list of Webinars available to IG Account holders. Topics covered include Testing your trading strategy, Trading with Chart Patterns, and much more. Benefits of IG Webinars include:
- Learn the basics of trading and the financial markets
- Explore platforms with training sessions and walk-throughs
- Discover features like technical analysis and trading insights
- Find out about the latest and upcoming trading opportunities
IG Pros and Cons
| ✔️ Pros | ❌ Cons |
| Used by 180,000+ traders | Inactivity Fee |
| Established in 1974 | Limited range of instruments |
Min Deposit
USD 0
Regulators
FCA, BaFin, FINMA, DFSA, MAS, ASIC, FSCA
Trading Platform
MT4
Crypto
Yes
Total Pairs
80
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
ThinkMarkets
ThinkMarkets offers access to the global markets with tight spreads, high leverage, and fast execution. ThinkMarkets webinars are created to sharpen traders’ skills and are hosted by industry experts.
ThinkMarkets Overview
| 🔎 Broker | 🥇 ThinkMarkets |
| 💰 Minimum Deposit | $0 USD |
| 🆓 Demo Account | ✅ Yes |
| ☪️ Islamic Account | On Request |
| 📌 Joint Account | On Request |
| 4️⃣ MetaTrader4 | ✅ Yes |
| 🤝 Live Support | ✅ Yes |
| 💸 Commission | Variable |
| 🔁 Spreads from | 0 Pips |
| 📊 Leverage | 500:1 |
| 📈 Max Trade Size | 50 - 100 Lots |
| ❤️ Account Manager | Selected Accounts |
| 💻 ThinkTrader®️ | ✅ Yes |
| 🚀 Open an Account | 👉 Click Here |
ThinkMarkets Seminars, Webinars, and Courses
ThinkMarkets offers traders access to live, interactive webinars from market experts. Topics covered include Becoming a Smart Investor, CFD Trading on Shares, and much more.
ThinkMarkets Pros and Cons
| ✅ Pros | ❎ Cons |
| Well-regulated Forex broker | Currency conversion fees will apply for some deposits |
| The broker offers tight spreads across all of its asset classes | Commissions charged on the ThinkZero Account |
Min Deposit USD 0 Regulators FCA, FSCA, ASIC, CySEC, JFSA Trading Platform MT4, MT5, ThinkTrader Crypto Yes Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours Derivative products are leveraged products and can result in losses that exceed initial deposits.
HF Markets
HFM is an award-winning forex and commodities broker that offers various account types, trading software, and the segregation of client funds. The HFM Education Centre offers access to Free Video Tutorials and e-Courses.
HF Markets Overview
| 🔎 Broker | 🥇 HFM |
| ⚖️ Regulation | FSCA, CySEC, FCA, DFSA, CMA, FSA |
| 💳 Minimum deposit | $0 |
| 💰 Maximum Leverage | 1:2000 |
| 🔘 Asset Types | Forex, Indices, Metals, Energies, Shares, Commodities, Bonds, ETFs, DMA Stocks, and Cryptocurrencies |
| 📊 Trading platforms | MT4, MT5, HFM Trading App (Android & IOS) |
| 💳 Supported lot | 0.01 - 500 |
| 💳 Demo | ☑️ Yes |
| 🚀 Open an Account | 👉 Click Here |
HF Markets Seminars, Webinars, and Courses
HF Markets offers access to a large number of educational resources including:
Video Tutorials
- Introduction to Forex
- Understanding Forex Pairs
- Understanding Currency Pairs
HFM e-Course
In this course traders will learn:
- The Basics of Forex Theory
- The Basics of Forex Trading
- Reading and Interpreting Charts
- Trading Strategies
and more. A wide range of Live Webinars is additionally made available.
HF Markets Pros and Cons
| ✅ Pros | ❎ Cons |
| FSCA Regulated | US clients not accepted |
| Fast and easy account opening | |
| Low trading fees | |
| Allocate and withdraw funds with just a few clicks | |
| ZAR Currency | |
| Copy diverse trading strategies |
Min Deposit
USD 0
Regulators
CySEC, FSCA, FCA, FSA, DFSA, CMA, St. Vincent & the Grenadine
Trading Platform
MT4, MT5, HFM Platform
Crypto
Yes
Total Pairs
50+
Islamic Account
Yes
Trading Fees
No Trading Fees
Account Activation
24 Hours
FXCM
FXCM is a UK-based broker that offers CFD trading on shares, stock indices, forex, commodities, and cryptos to a global market. Furthermore, educational materials such as Free Online courses and Market Updates are made available.
FXCM Overview
| 🔎 Broker | 🥇 FXCM |
| 📝 Regulation | FCA |
| 💰 Min. Deposit | $50 USD / R750 ZAR |
| 🔁 Spread from | 1.4 |
| ✅ Tradeable Symbols | 276 |
| 💵 Forex Pairs | 42 |
| 💳 Cryptocurrency | ❌ No |
| 💻 Trading Platform | MT4 |
| 🚀 Open an Account | 👉 Click Here |
FXCM Seminars, Webinars, and Courses
FXCM offers Free Online Forex Trading Courses and Live Market Updates available, 5 days a week. Furthermore, Trading Guides, Trading Tools, and Research are on offer.
FXCM Pros and Cons
| ✅ Pros | ❎ Cons |
| Easy Account Setup | Limited Product Portfolio |
| Good Technical Tools | High Withdrawal Fees |
Min Deposit USD 50 Regulators FCA Trading Platform MT4, NinjaTrader, Trading Station Crypto Yes Total Pairs 42 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Khwezi Trade
Khwezi Trade is a proudly South African Forex broker. Khwezi Trade is well-regulated by the FSCA and fully authorized as an ODP. Khwezi Trade offers access to Forex Trading Webinars and training material.
Khwezi Trade Overview
| 🔎 Broker | 🥇 Khwezi Trade |
| 💰Min. Deposit | R500 ZAR |
| ⬆️Max Leverage | 1:400 |
| ⚙️ Broker Type | Market Marker |
| ⚖️Regulators | FSCA |
| 🎉 Bonus | Up to 30% |
| 🚀 Open an Account | 👉 Click Here |
Khwezi Trade Seminars, Webinars, and Courses
Khwezi Trade offers access to Forex Trading Webinars and training materials.
Khwezi Trade Pros and Cons
| ✅ Pros | ❌ Cons |
| FSCA Regulated | Limited Deposit Options |
| ZAR Accounts | Lack of Education |
Min Deposit USD 30 Regulators FSCA Trading Platform MT4 Crypto No Total Pairs 0 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Pepperstone
Pepperstone was founded in 2010 in Melbourne, Australia, and processes an average of US$12.55bn of trades every day. Pepperstone is one of the world’s largest forex brokers and is trusted by over 300,000 traders around the world. Pepperstone offers access to expert-led webinars.
Pepperstone Overview
| 🔎 Broker | 🥇 Pepperstone |
| 💰 Min Deposit | $0 USD |
| ✒️ Regulation | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB |
| ☪️ Islamic Account | ☑️ Yes |
| 🆓 Demo Account | ☑️ Yes |
| 💵 Base Currencies | 9 |
| 🔁 Forex Pairs | 60+ |
| 📈 Share CFDs | 60+ |
| 📉 Index CFDs | 16 |
| 🚀 Open an Account | 👉 Click Here |
Pepperstone Seminars, Webinars, and Courses
Pepperstone offers access to a wide variety of educational materials including Trading Guides, Webinars, and Courses.
Pepperstone Pros and Cons
| ✅ Pros | ❎ Cons |
| Fast Account Opening | Mostly CFDs Offered |
| Excellent Customer Support | Basic MetaTrader Platform |
Min Deposit USD 200 Regulators ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB Trading Platform MT4, MT5, cTrader, TradingView Crypto Yes Total Pairs 62 Islamic Account Yes Trading Fees Low Account Activation 24 Hours
Top Forex Institutions with Seminars, Webinars, and Courses
The Forex Academy
The Forex Academy is a Centurion-based service provider that offers access to a wide range of online courses on a wide range of topics. Courses include:
- Comprehensive Beginners Courses
- MetaTrader 4 Online Course
- Flagship Strategies and Systems
and more. Benefits of signing up with the Forex Academy include:
- Guaranteed Profitability
- Qualified Teachers
- Refresher Courses
- Expert Advisors/Robot
- Trading Competitions
- Free Support
Featured Courses with the Forex Academy can range from R6400 ZAR – R48’000 ZAR depending on the Course Duration.
The Wealth Forex Academy
The Wealth Forex Academy is a Johannesburg Based training institution where individuals can learn how to trade and grow their wealth through financial markets trading. Topics covered by the Wealth Forex Academy include:
- Financial markets foundation
- How to use the trading platform (MetaTrader)
- Trading Strategies to use
- How to technically analyze the market
- How to analyze fundamentals
- How to customize a trading methodology
and many more. Wealth Forex Academy makes two packages available at R6999 ZAR and R9999 ZAR respectively.
The Stock Market College
The Stock Market College helps individuals to become skillful, active traders. The Stock Markets College makes 2 Courses available:
- Financial Markets Educational Training Course – R28’000 Once-Off
- Tools for the smart trader training Course – R6000 ZAR Once-Off
The Stock Market College’ Core Values include the:
- Accountability
- Diversity and Inclusion
- Trust
- Integrity
- Innovation
and much more.
Learn to Trade
Learn to Trade teaches students how to trade Forex with unique strategies and Software. Learn to Trade offers access to Courses and Live Coaching. Forex Trading Courses cover topics such as Trading Strategies, Risk Management, and Creating a Plan. Costs of the Services on offer will be disclosed when contacting Customer Support.
Conclusion
Now it is your turn to participate:
Which Forex Broker or Forex Academy from this list do you intend to test out?
What was the determining factor in your decision to engage with a certain broker?
Was it because of the Course Cost or the Pros and Cons?
Regardless, please share your thoughts in the comments below.
You might also like: IG Review
You might also like: ThinkMarkets Review
You might also like: HF Markets Review
You might also like: FXCM Review
You might also like: Khwezi Trade Review
You might also like: Pepperstone Review
Frequently Asked Questions
What is the average cost for forex courses in South Africa?
The cost of forex trading courses in South Africa vary depending on the level of the course, the duration, and reputation of the provider. A beginner-level course can cost between R500 to R2,500. Intermediate and advanced courses can cost between R2,500 to R20,000 or more. Courses that are tailored to specific trading styles or markets may be priced differently.
Where can I find forex courses in South Africa?
Forex courses are widely available online, through brokerages, trading platforms, and educational websites. Some popular options in South Africa include HF Markets, Exness, AvaTrade and CM Trading. It is important to research and compare different options to find the best course for your needs.
What topics are covered in forex trading courses?
Forex trading courses cover a wide range of topics, including basic concepts like currency pairs and trading terminology, technical analysis techniques, fundamental analysis and advanced technical analysis, risk management strategies, trading platforms and tools, trading strategies, money management, brokerage and regulation, and topics such as algorithmic trading and trading psychology.
Can I make money from forex trading by taking a free course?
Taking a free forex trading course is a great way to learn the basics of forex trading, but it does not guarantee profits. Making money from forex trading requires a combination of knowledge, skill, experience, and discipline. It is important to practice with a demo account before trading with real money, and to always manage risk carefully. While a free course can provide a solid foundation, ongoing learning and practice are essential to success in forex trading.
How effective are forex trading courses?
The effectiveness of a forex trading course depends on the quality of the content, the teaching style, and the commitment of the student. While paid courses may offer more comprehensive content and access to experienced mentors, there are many free courses that provide excellent value and can be just as effective.
Are forex trading courses suitable for beginners in South Africa?
Yes, forex trading courses are a great option for beginners in South Africa. They provide a low-risk, accessible way to learn the basics of forex trading without committing significant financial resources. Many courses are designed specifically for beginners and offer step-by-step guidance, interactive learning tools, and practice exercises. However, it is important to choose a course that is reputable and covers the topics and skills that are most relevant to your goals and trading style.
Top 4 Brokers
