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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

ACY Securities — South Africa

Key facts (8)

Who actually onboards you
ACY Securities SA (Pty) Ltd (formerly Ingot Brokers SA), a locally lic
Licence number
51008
Established
2011group
Min deposit, USD
not stated
Platforms
MT4 · MT5
Local funding
Cards, bank transfer, Skrill, Neteller, crypto (
Max leverage
not stated
EURUSD
0.7 pipsgroup

This broker against the South Africa middle (60 of 104)

ACY SecuritiesSouth Africa median
Round turn, USD6.0 USD7.0 USD
Min deposit, USDno data50.0 USD
Max leverageno data500.0geo
Withdrawal, hunder 24 hours hgroup24.0 h
EURUSD, standard0.7 pipsgroup1.0 pips
EURUSD, raw0.0 pipsgroup0.0 pips
Established2011group2009.5
Platforms23.0

Accepts residents of South Africa

Through an offshore entity

Score (6/6 axes)

4.42 of 5
reviews7025%
cost9520%
safety9020%
payouts8015%
track_record7510%
platforms6510%

Ranked against brokers measured on every axis

Licence check

Licence number
51008
Checked
2026-07-09

Register

Who actually onboards you

ACY Securities SA (Pty) Ltd (formerly Ingot Brokers SA), a locally licensed entity.

Offshore entity

Cost per round turn, and the South Africa middle (60 of 104)

Round turn, USD
6.0 USD
Median
7.0 USD

raw+commission

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

What each account gives you

Standard (commission-free) and Raw/Pro (RAW spread + commission); min USD 50.

What the broker publishes about payouts

Withdrawal, h
under 24 hours hgroup

Reviews

Reviews
4.4/5 from 705 reviewsgroup

705 ... 4.4

Trading software and asset classes (2)

MT4 · MT5

FX, indices, commodities, shares CFDs, crypto CFDs.

Trading profits and South Africa tax

SARS taxes residents on worldwide income. Frequent/active forex trading is generally taxed as income at the individual's marginal rate (progressive 18%-45%), not as capital gains. Active traders typically register for provisional tax (IRP6 due end-Aug and end-Feb, plus a third top-up if owing) and file the annual ITR12; trading-related expenses are deductible. Rates/brackets change annually - pres

Where it wins, where it loses

Pros (4)

  • Round turn 6.0 USD against a South Africa median of 7.0
  • Licensed locally: 51008
  • Swap-free account available
  • Withdrawal published at under 24 hours h

Cons (2)

  • Carries a regulator warning; excluded from beginner and most-established lists
  • Minimum deposit for this country not published

The rest of the shortlist in South Africa (6)

Where it does not serve

North Korea, Somalia, South Sudan, Iran, Libya, New Zealand, United States, Russian Federation, Belarus

Methodology

2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%

Methodology

Verified · what changed · sources (3)

Checked: 2026-07-09

FAQ (5)

Does ACY Securities accept residents of South Africa?

Through an offshore entity.

Which entity onboards a South Africa client of ACY Securities?

ACY Securities SA (Pty) Ltd (formerly Ingot Brokers SA), a locally licensed entity.

What licence does ACY Securities hold for South Africa?

Licence 51008.

What does one EURUSD lot cost at ACY Securities?

6.0 USD per round turn against a South Africa median of 7.0 USD, measured on 60 of 104 brokers.

How long does a withdrawal from ACY Securities take?

under 24 hours hours as published. funds to reach electronic accounts in under 24 hours