#1 Rated Broker

LHV

Capital at risk · T&Cs apply

18 brokers ranked No paid placements

Best ETF Brokers in South Africa 2026

Top ETF brokers accepting traders from South Africa. Compare commission, ETF range, fractional shares, and account minimums.

How we rank brokers

Updated 28 May 2026Rankings are editorially independent — never influenced by commercial partnerships

Based on our 2026 quantitative rating of 18 brokers, LHV (3.36/5), Longbridge, and Sarwa rank as the top choices. LHV leads with regulation from Finantsinspektsioon, FCA and 0 pips min spread. Rankings are calculated algorithmically — no paid placements.

#1 LHV — 3.36/5 · Regulated: Finantsinspektsioon, FCA · Min deposit: $0
#2 Longbridge — 3.36/5 · Regulated: SFC, MAS
#3 Sarwa — 3.34/5 · Regulated: DFSA, SEC

Filter by market

Sort by

18 brokers

Top Picks

🥇🥈🥉

LHV

FCAFinantsinspektsioon

3.4/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

Commission-free

Estonian Finantsinspektsioon and FCA regulated
Nasdaq Baltic, Helsinki, Stockholm access

Fees Regulation

Visit Broker Review

Longbridge

MASSFC

3.4/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

Commission-free

Modern mobile-first platform
Options trading with advanced tools

Fees Regulation

Visit Broker Review

Sarwa

SECDFSA

3.3/ 5

Min. Deposit

$500

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

USD and AED accounts
Islamic portfolios available

Fees Regulation

Visit Broker Review

Also Ranked — 15 brokers

RHB Securities

MASSC Malaysia

3.3/ 5

Min. Deposit

Max Leverage

1:2

Spreads From

0 pips

Commission

0.1

One of Malaysia's largest banks
Bursa Malaysia full access

Fees Regulation

Visit Broker Review

KTBST Securities

SEC

3.3/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

0.15

IPO subscription
Krungthai Bank backing — state-owned bank

Fees Regulation

Visit Broker Review

EasyEquities

FSCA

3.2/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

0.25

1M+ South African users
EasyProperties for real estate

Fees Regulation

Visit Broker Review

SBI Securities

FSA

3.2/ 5

Min. Deposit

Max Leverage

1:3

Spreads From

0 pips

Commission

Commission-free

FSA regulated
Zero commission Japanese stocks

Fees Regulation

Visit Broker Review

Chipper Cash

FCABoG

3.2/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

US stock and ETF investing
5M+ users across Africa

Fees Regulation

Visit Broker Review

Absa Stockbrokers

FSCAJSE

3.2/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

0.35

Absa Group — South Africa's Big 4 bank
Integrated with Absa banking

Fees Regulation

Visit Broker Review

#10

Standard Bank Online Share Trading

FSCAJSE

3.1/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

0.4

ZAR accounts
Trusted South African institution

Fees Regulation

Visit Broker Review

#11

Fortuneo

AMFACPR

3.1/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

Commission-free

AMF and ACPR regulated
Integrated banking

Fees Regulation

Visit Broker Review

#12

Daman Securities

SCA

3.0/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

0.15

ADX and DFM access
FTSE ADX 15 and UAE blue-chip stocks

Fees Regulation

Visit Broker Review

#13

FNB Share Investing

FSCAJSE

3.0/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

0.3

First National Bank — South Africa's Big 4
TFSA account support

Fees Regulation

Visit Broker Review

#14

Freetrade

FCA

3.0/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

Clean, simple mobile app
Commission-free stock trading

Fees Regulation

Visit Broker Review

#15

Nedbank Share Investing

FSCAJSE

3.0/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

0.35

ZAR accounts
Integrated with Nedbank Money app

Fees Regulation

Visit Broker Review

#16

Rakuten Trade

2.9/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

0.1

US market via Rakuten Securities
Competitive fees

Fees Regulation

Visit Broker Review

#17

Sanlam iTrade

FSBJSE

2.9/ 5

Min. Deposit

Max Leverage

1:5

Spreads From

0 pips

Commission

0.4

Johannesburg Stock Exchange access
ETF and fund investing

Fees Regulation

Visit Broker Review

#18

Baraka

DFSA

2.8/ 5

Min. Deposit

Max Leverage

1:1

Spreads From

0 pips

Commission

Commission-free

Modern mobile-first UX
Sharia-compliant portfolios

Fees Regulation

Visit Broker Review

Frequently Asked Questions

How do we rank brokers?

Our rankings use a weighted algorithm covering regulation (25%), fees (20%), platform quality (15%), market variety (10%), trust/longevity (15%), and user experience (15%). Scores are recalculated every 24 hours.

How often are rankings updated?

Rankings are refreshed every 24 hours using live broker data and our AI-powered content pipeline.

Are these rankings paid placements?

No. Positions are determined solely by our scoring algorithm. We may earn affiliate commissions when you click through to a broker, but this does not influence rankings.

Which is the top-rated broker in this list for 2026?

Based on our scoring algorithm, LHV currently ranks #1 with a score of 3.4/5. Scores are recalculated every 24 hours as broker data changes.

Our #1 pick for 2026

LHV

FCA3.4/5

Visit Broker Full Review

How do we rank brokers?

Our algorithm weights regulation (25%), fees (20%), platform (15%), markets (10%), trust (15%) and UX (15%). No paid placements — ever.

Full methodology

Trading involves risk of loss. Rankings are for informational purposes only — not financial advice. Full risk disclosure.

Our Partner Brokers

View all rankings

We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.