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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

cTrader brokers in South Africa

Key facts (6 · 13 of 104)

In this ranking
13 of 104
Ranked on all axes
4 of 13
Round turn, USD · Median
7.0 USD
Min deposit, USD · Median
50.0 USD
Max leverage
500.0geo
Withdrawal, h · Median
24.0 h

Top picks (3 / 4 of 13)

1. FxPro

Score 3.82 · Round turn, USD 7.0 USD

Read the review

2. LiteFinance

Score 3.71 · Round turn, USD 18.0 USD

Read the review

3. Errante

Score 3.6 · Round turn, USD 15.0 USD

Read the review

Full list (13)

Sorted by computed score, highest first. Unscored brokers follow.
Showing 13 of 104 brokers that onboard South Africa residents.
BrokerScoreRound turn, USDMin deposit, USDMax leverageWithdrawal, hOnboarding entity
CFIno data4.0no data500.0geono dataCFI Financial (Pty) Ltd, local South Afr
FP Marketsno data6.5100.0geo500.0geono dataSouth African clients are onboarded unde
Fusion Marketsno data4.5no data500.0geo1.0South African retail clients are onboard
IC Marketsno data7.5200.0geo500.0geono dataSouth African clients are onboarded unde
FxPro3.827.0100.0geo200.0geono dataFxPro Markets Direct Costa Rica Latam SR
GO Marketsno data6.0200.0geo500.0geo48.0GO Markets Pty Ltd
BlackBull Marketsno data6.00.0geo500.0geono dataBBG Limited
LiteFinance3.7118.050.0geo1000.0geo24.0South African residents are onboarded un
Pepperstoneno datanot pricedno data400.0geono dataPepperstone Markets Kenya Limited
Errante3.615.0no data1000.0geo24.0Served under offshore Errante Securities
Skilling3.438.5100.0geo500.0geono dataServed by offshore Skilling (Seychelles)
Axioryno datanot pricedno data400.0geono dataAxiory Global Ltd
FIBO Groupno datanot priced50.0geo1000.0geono dataSouth African clients onboarded by offsh

The numbers across South Africa

Round-turn cost, USD (60 of 104)

Median 7.0 · Range 1.5–20.0 USD

Minimum deposit, USD (36 of 104)

Median 50.0 · Range 0.0–1000.0 USD

Retail leverage (71 of 104)

Median 500.0 · Range 25.0–5000.0 1:x

Withdrawal time, hours (51 of 104)

Median 24.0 · Range 0.0–168.0 h

How to choose (5)

  1. Check the entity in the last column: South Africa residents are onboarded by a local entity at some of these brokers and by an offshore one at others.
  2. Compare the round turn against the median of 7.0 USD, measured on 60 of 104 brokers rather than on the whole base.
  3. Treat a blank as a blank: 9 of 13 brokers here are missing at least one axis and are listed without a score.
  4. Read the leverage column with its marker: a figure the country's regulator did not set belongs to the broker's group, not to this country.
  5. Open the licence number on the broker page and check it in the register before funding.

Related rankings (6)

Methodology

2 + 3 × weighted mean of six axes. A broker enters this ranking only with a review rating and a round-turn price; others are listed with their score withheld.

Methodology

FAQ (4)

How many brokers are in this ranking?

13 of 104 of the 104 brokers in our South Africa base, and 4 of 13 of them are measured on all six axes.

How is the order decided?

By the computed score: 2 + 3 × the weighted mean of six axes. A broker without a review rating or without a round-turn price is listed but not ranked.

Which broker leads ctrader brokers in south africa?

FxPro with 3.82 of 5 and a round turn of 7.0 USD.

What does trading cost in South Africa on average?

The median round turn on one EURUSD lot is 7.0 USD, measured on 60 of 104 brokers.