gt.io is an international CFD broker regulated by the FSCA and the FSA Seychelles. An STP broker with a wide range of CFDs, gt.io offers market execution and ZAR trading accounts. But, unlike most brokers in South Africa, gt.io only provides support for the MT5 platform, and not the industry-standard MT4.  gt.io does not have a required minimum deposit and offers commission-free trading, but its variable spreads are wider than its peers.  Because gt.io is a new broker, it provides little in the way of education and market analysis materials, making it a poor choice for beginner traders.

We do not recommend Hugo's Way to Kenyan traders as it is completely unregulated and trading costs are high. If you are looking for a good ECN/STP broker we recommend Axi or FP Markets. Hugo's Way is an ECN/STP broker with a single account type and support offered for the MT4 platform only. Spreads are wide for an ECN/STP broker, starting at 0.8 pips on the EUR/USD. Hugo's Way also charges a 5 USD commission per lot traded, making this broker one of the more expensive ECN/STPs to trade with. Forex education and market analysis are almost non-existent and customer support is limited to a contact form and a live chat system.