Quick Verdict
🏆 Top Pick OverallPepperstone — 4.4/5 score, regulated by FCA, ASIC
💰 Lowest Min DepositPepperstone — $0 to get started
☪️ Best Islamic AccountPepperstone — swap-free account available
FTSE100 Broker Comparison - South Africa
| Broker | Score | Deposit | Spread | Platforms | Islamic | Reg | |
|---|
| 4.3 | $100 | — | MT5 MT4 cT | Yes | CBI | Open |
| 4.4 | $0 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 4.2 | $0 | — | MT5 MT4 | No | FCA | Open |
| 3.8 | $0 | — | MT5 cT | No | CySEC | Open |
| 3.9 | $100 | — | | Yes | CySEC | Open |
| 4.1 | $10 | — | TV MT5 MT4 cT | Yes | FCA | Open |
| 3.1 | $100 | — | MT5 MT4 cT | Yes | FCA | Open |
| 3.5 | $50 | — | TV MT4 | Yes | FCA | Open |
| 2.9 | $100 | — | TV MT5 MT4 cT | Yes | — | Open |
| 4.3 | $5 | — | MT5 MT4 | Yes | CySEC | Open |
For South African traders, the FTSE 100 index offers a direct window into the UK economy, which is a major trading partner for South Africa. Movements in the FTSE 100 often correlate with commodity prices and global risk sentiment, impacting the South African rand. Trading FTSE 100 CFDs via TradingView allows you to speculate on these moves without owning the underlying stocks. The optimal trading window from South Africa is 13:00-16:30 local time (UTC+0), when London and New York markets overlap for maximum liquidity. Deposits using USDT TRC20 are widely accepted by regulated international brokers, providing a fast and cost-effective funding method. With leverage up to 1:500 available under
FCA/
ASIC regulation, even traders in the capital (Pretoria) can open meaningful positions with a modest USD account. This combination of global index exposure, local timezone alignment, and crypto-friendly deposits makes FTSE 100 CFDs a popular choice for South African speculators. Remember that while leverage amplifies gains, it also increases risk, so a disciplined approach is essential.
FTSE100 Live Chart - TradingView
Real-time data · Powered by TradingView
Open full chartTop 10 TradingView brokers for FTSE100 in South Africa

#1 AvaTrade
CBI,ASIC,JFSA,FSRA,FSA,ADGM
MT5MT4cTraderIslamic account
Pros for South Africa
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for South Africa
- No TradingView
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICWithdrawals
credit/debit cards, bank wire transfers, and e-wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#2 Pepperstone
FCA,ASIC,BaFin,CySEC,DFSA,SCB
TradingViewMT5MT4cTraderIslamic account
Pros for South Africa
+ Islamic swap-free account
+ Low deposit ($0)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for South Africa
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire transfer, credit/debit cards, and e-wallets like PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#3 CMC Markets
FCA,ASIC,MAS,BaFin,FMA
MT5MT4
Pros for South Africa
+ Low deposit ($0)
+ MetaTrader 5
+ MetaTrader 4
+ Available in South Africa
Cons for South Africa
- No Islamic account
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wires, credit/debit cards (Visa and Mastercard), and PayPal
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#4 CFI Financial
CySEC,FSA,DFSA
MT5cTrader
Pros for South Africa
+ Low deposit ($0)
+ MetaTrader 5
+ cTrader ECN
+ Available in South Africa
Cons for South Africa
- No Islamic account
- No TradingView
- Not top-tier regulated
CySEC
CySEC regulatedVerified
Regulated and authorised by the CySEC. Click to verify on official register.
Verify on CySECWithdrawals
bank wire transfers, credit/debit cards, and popular e-wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#5 Markets.com
CySEC,FCA,FSCA,ASIC,FSA,BaFin
Islamic account
Pros for South Africa
+ Islamic swap-free account
+ Low deposit ($100)
+ Available in South Africa
Cons for South Africa
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
Credit/Debit Cards, Bank Wire Transfers, and E-Wallets like Skrill and Neteller.
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#6 ThinkMarkets
FCA,ASIC,JFSC,FSA
TradingViewMT5MT4cTraderIslamic account
Pros for South Africa
+ Islamic swap-free account
+ Low deposit ($10)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for South Africa
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire, crypto USDT (via TRC20 and ERC20), Skrill
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#7 FxPro
FCA,CySEC,FSCA,SCB
MT5MT4cTraderIslamic account
Pros for South Africa
+ Islamic swap-free account
+ Low deposit ($100)
+ MetaTrader 5
+ MetaTrader 4
+ cTrader ECN
Cons for South Africa
- No TradingView
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
bank wire transfers, credit/debit cards, and electronic/crypto wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.
TradingViewMT4Islamic account
Pros for South Africa
+ Islamic swap-free account
+ Low deposit ($50)
+ TradingView integration
+ MetaTrader 4
+ Available in South Africa
Cons for South Africa
- Not top-tier regulated
FCA
FCA regulatedVerified
Regulated and authorised by the FCA. Click to verify on official register.
Verify on FCAWithdrawals
credit/debit cards, bank wire transfers, and digital wallets like Skrill and Neteller
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#9 FP Markets
Regulation info unavailable
TradingViewMT5MT4cTraderIslamic account
Pros for South Africa
+ Islamic swap-free account
+ Low deposit ($100)
+ TradingView integration
+ MetaTrader 5
+ MetaTrader 4
Cons for South Africa
- Not top-tier regulated
Withdrawals
bank wires, credit/debit cards, and electronic or crypto wallets
Open Account →Trading involves risk of loss. CFDs are complex instruments.

#10 XM Group
CySEC,ASIC,IFSC,DFSA,FSC
MT5MT4Islamic account
Pros for South Africa
+ Islamic swap-free account
+ Low deposit ($5)
+ MetaTrader 5
+ MetaTrader 4
+ Available in South Africa
Cons for South Africa
- No TradingView
- Not top-tier regulated
ASIC
ASIC regulatedVerified
Regulated and authorised by the ASIC. Click to verify on official register.
Verify on ASICTrading involves risk of loss. CFDs are complex instruments.
What is FTSE100 on TradingView?
The FTSE 100 index tracks the 100 largest companies listed on the London Stock Exchange, representing key sectors like energy, mining, and banking. For South African traders, the FTSE 100 is particularly relevant because many of its constituents (e.g., Anglo American, Glencore) have significant operations in South Africa and are influenced by the same commodity cycles. Trading the FTSE 100 via TradingView on CFDs means you can take leveraged positions on the index's price movements. The pip value for FTSE 100 on a standard CFD contract is typically $10 per 1-point move for a 1-lot trade. For example, a trader in Pretoria with a $2,000 account size opens a 0.1-lot position at 7,500 points. If the index rises to 7,510, the profit is 10 points x $1 (0.1 lot) = $10. The tick size is usually 0.1 points, so a 0.1-point move equals $0.10 for a mini lot. With 1:500 leverage, the margin required for a 0.1-lot trade is just $20 (based on 7,500 points x $10 per point x 0.1 lot / 500). This low margin requirement allows South African traders to diversify across multiple instruments. TradingView provides real-time charts, customizable indicators, and direct order execution, making it an ideal platform for analyzing FTSE 100's correlation with gold prices and the South African rand.
FTSE100 CFDs vs Futures
For South African traders, FTSE 100 CFDs offer distinct advantages over spot trading. CFDs allow you to trade on margin with leverage up to 1:500, meaning a $200 deposit can control a $100,000 position — far more capital-efficient than buying 100 physical shares. Additionally, CFDs enable short selling with ease, letting you profit from index declines without borrowing stock. Unlike spot ETFs, CFDs have no expiration dates, so you can hold positions indefinitely (subject to swap fees). For example, if you open a 1-lot FTSE 100 CFD at 7,500 points with a $50 margin requirement (using 1:500 leverage), a 10-point move equals $100 profit or loss. However, CFDs incur overnight financing charges (swap), whereas spot ETFs do not. South African traders preferring lower costs may opt for spot ETFs for long-term holds, but CFDs remain superior for short-term strategies.
Best trading times - FTSE100 from South Africa
The best time to trade FTSE 100 from South Africa is during the London session, which opens at 08:00 local time (UTC+0). However, the prime window is the overlap with US markets from 13:00 to 16:30 local time. During this overlap, the FTSE 100 experiences its highest liquidity and tightest spreads, as both European and American institutional traders are active. For example, US economic data releases at 13:30 (like Non-Farm Payrolls) can trigger sharp moves in the FTSE 100 due to cross-market correlations. Early London hours (08:00-10:00) also offer good volatility, especially after UK economic announcements. Avoid the Asian session (00:00-08:00 local) when spreads widen and volume drops. South African traders should plan their strategies around these local times, using TradingView's session indicators to mark London open and close.
Economic calendar - FTSE100
Key economic events - South Africa
Key economic events affecting FTSE 100 for South African traders include: Bank of England interest rate decisions (announced at 12:00 local time, second Thursday of each month), UK CPI release (07:00 local time, monthly), and UK GDP (07:00 local time, quarterly). US events also impact FTSE 100: Non-Farm Payrolls (13:30 local time, first Friday), Federal Reserve rate decisions (19:00 local time, eight times per year). Commodity data like the OPEC monthly report (variable, typically 10:00-12:00 local) affects FTSE 100's energy and mining stocks. South African traders should monitor these times using TradingView's economic calendar widget, which auto-converts to local time. Avoid trading 30 minutes before and after these releases to prevent slippage.
Execution & slippage - South Africa
Execution quality for FTSE 100 CFDs on TradingView depends on your broker's liquidity providers and order routing. South African traders using heavily regulated brokers like Pepperstone or IC Markets typically experience slippage of 0.1-0.5 points during normal market conditions. During high-impact news (e.g., Bank of England rate decisions at 12:00 local), slippage can increase to 1-2 points, especially if trading with 1:500 leverage. TradingView's integration uses DMA (Direct Market Access) with some brokers, reducing requotes. To minimize slippage, trade during the 13:00-16:30 overlap and use limit orders instead of market orders for entry. South Africa's distance from London servers adds ~150ms latency, but most brokers compensate with local server hubs. Avoid trading in the first 15 minutes after London open (08:00-08:15) when spreads are widest.
Islamic accounts & swap fees - South Africa
Islamic accounts (swap-free) are available for South African traders who require Sharia-compliant trading, where no interest is charged on overnight positions. Brokers offering Islamic accounts for FTSE 100 CFDs include Pepperstone, AvaTrade, Exness, IC Markets, XM Group, OctaFX, HotForex HFM, Vantage, eToro, and FBS. For standard accounts, swap fees on FTSE 100 are calculated daily at 22:00 local time (UTC+0). The current long swap rate is approximately -0.15% of position value per day, while short swaps are -0.10%. For a 1-lot long position (value ~$75,000 at 7,500 points), the daily swap fee is about -$1.13. Islamic accounts eliminate these fees but may have a small administration fee after holding positions for extended periods. South African traders should confirm swap-free eligibility with their broker, as some require a minimum account age or deposit.
Risk management - South Africa
Risk management is critical for South African traders using high leverage on FTSE 100 CFDs. With a typical account size of $2,000-$10,000 in USD, apply the 1-2% risk rule: never risk more than $20-$200 per trade. For example, with a $5,000 account and 1% risk ($50), set a stop loss 20 points away on a 0.1-lot trade (20 points x $1 = $20 risk) or 50 points on a 0.05-lot trade. Use TradingView's built-in stop-loss and take-profit tools directly on charts. South Africa's volatile rand can impact USD-denominated account values, so consider converting profits to USDT via TRC20 to preserve buying power. Avoid over-leveraging (e.g., using 1:500 on full account) as a 0.5% index move could wipe out your capital. Always use a risk-reward ratio of at least 1:2.
Scam warnings - South Africa
Scams targeting South African traders often promise 'guaranteed profits' on FTSE 100 via unregulated brokers. Common schemes include fake TradingView integrations, cloned
FCA/
ASIC licenses, and USDT deposit traps where withdrawals are blocked. Always verify your broker's license on the FCA or ASIC official register. Legitimate brokers like Pepperstone, Exness, and IC Markets have verified FCA/ASIC registration. Avoid brokers offering unrealistic leverage above 1:500 or zero-spread claims. South African traders should never share their TradingView account password or API keys with third parties. Use only the brokers listed on this page, as they are vetted for regulatory compliance and client fund safety.
Related guides for South Africa traders
More South Africa broker guides
FAQ - Best TradingView Brokers for FTSE 100 CFDs in South Africa
Which broker has the lowest FTSE100 spread on TradingView in South Africa?+
How do I deposit to a TradingView broker from South Africa?+
What is the best time to trade FTSE100 from South Africa?+
Is FTSE100 trading legal in South Africa?+
What leverage is available for FTSE100 in South Africa?+
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. comparebroker.io may receive compensation from brokers listed on this page.