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Lantern Review
104 brokers measured60 pricedmedian 7.0 USDformula v1.0Data captured 03.10.2026Some links are partner links. They never change a score or a position.
Score recalculated 03.10.2026

Broker data for South Africa: licences, costs and who onboards you

In this ranking
104
Round turn, USD · Median
7.0 USD
Local licence
56
Ranked against brokers measu
36

104 brokers checked against South Africa sources. 60 priced per round turn, 56 hold a local licence.

Top picks (12 / 36)

Sorted by computed score, highest first. Unscored brokers follow.
BrokerScoreRound turn, USDAccepts ZA residentsOnboarding entity
HFM4.56.0YesSA clients served under LOCAL FSCA-licen
ACY Securities4.426.0Through an offshore entityACY Securities SA (Pty) Ltd (formerly In
Admirals4.46.0YesSouth African clients served by locally
FXGT4.326.0Through an offshore entitySouth African clients are onboarded unde
IG Markets4.316.0Through an offshore entityIG Markets South Africa Ltd
CMTrading4.298.0YesGCMT South Africa (Pty) Ltd; FSCA licenc
JustMarkets4.273.0YesJust Global Markets Pty Ltd
FXCM4.267.0YesServed locally by Stratos South Africa (
Tickmill4.256.0YesTickmill South Africa (Pty) Ltd — locall
Moneta Markets4.177.0YesMoneta Markets Ltd
ThinkMarkets4.177.0Through an offshore entityPty Ltd
Trade Nation4.075.0YesSouth African clients are onboarded unde

Rankings (16)

Brokers (104)

Guides (3)