Brokers Africa exists because the question a trader here actually has is almost never the question comparison sites answer.
On this page
Why This Site Exists
Search for a broker review and you will find the same page written twenty times: a list of platforms, a spread table copied from a marketing page, a five-star rating and a sign-up button. It will tell you the broker is “regulated” without saying by whom, or which of the broker’s several companies will actually hold your account.
For someone in Lagos, Nairobi, Accra or Johannesburg, those are the only questions that matter. A licence held by a European subsidiary does nothing for you if the company on your client agreement is registered somewhere else. A minimum deposit quoted in dollars does not tell you what your bank or your mobile money account will actually let you send. And whether you are allowed to fund an offshore account at all is a question of your own country’s law, which most reviews do not mention.
So we research the things that are specific to being here, and we publish what we find rather than what a broker would prefer we published.
Who This Site Is For
Someone deciding where to open a trading account, or wondering whether the one they have is the right one — reading on a phone, on mobile data, and unwilling to take a marketing page at face value.
We assume you can make your own decisions and want the information to make them with. We do not assume you already know what an OTC derivative provider licence is, so we explain it where it matters.
The site is positioned for African markets and read from everywhere. The broker reviews are written for anyone; the regional and country material is where the local specifics live.
What We Actually Do
We build a record for every broker we cover: which companies it operates through, which regulator licenses each one, what its own contract says about your money, what it costs to trade, and how funds move in and out in each of our markets. Every figure carries where it came from and the date it was read.
We keep a parallel record for each country — what the law says, which authority has jurisdiction, whether the rules bind the broker or you, and what the central bank permits you to send abroad. That research is done once per country and reused for every broker, which is why we can say something specific about Tanzania or Ghana instead of repeating a regional generalisation.
Our editorial guidelines set out exactly which sources we use and what we will not publish. Our methodology explains how we reason from them — including what we cannot establish and why.
What We Are Not
We are not a broker, we do not hold client money, and we cannot open or manage an account for you.
We are not financial advisers. Nothing here is advice about your circumstances. We can tell you what a broker’s documents say, who regulates which entity, and what your country’s law provides. Whether trading suits you is not something a website can know.
We are not lawyers. Our country research quotes the instruments and says what they contain. On anything that affects you personally, local professional advice is worth the money.
How We Are Funded
We earn commission from some of the brokers listed on this site. If you open an account through one of our links, that broker may pay us a fee. It costs you nothing, and your account is identical to one opened directly.
We also cover brokers we earn nothing from, and they are researched and rated by the same standard as the ones we do.
The part that makes this workable is a boundary rather than a promise: the commercial terms are kept away from the editorial work. Our editorial records contain no commission rates and no commercial priorities. A rating cannot be shaped by a number nobody involved in producing it has seen, and where a broker that pays us is the wrong choice for a reader, its own review says so.
If that were not true, everything else here would be worthless — so it is built into how we work rather than offered as an assurance. The disclosures page sets out the commercial arrangements in full.
Corrections
We will get things wrong. Rules change, brokers rewrite their terms, and we make our own mistakes.
If you find something on this site that is inaccurate, out of date, or stated more confidently than the evidence supports, tell us. A specific correction with a source is the most useful message we get, and we would rather hear it from a reader than publish it wrong for another month.