Admirals — South Africa
Key facts (8)
- Who actually onboards you
- South African clients served by locally licensed Admirals SA (Pty) Ltd
- Licence number
- 51311
- Established
- 2001group
- Min deposit, USD
- 25 USDgeo
- Platforms
- MT4 · MT5 · Admirals mobile app
- Local funding
- Bank wire, Visa/Mastercard, Skrill, Neteller; lo
- Max leverage
- 500geo
- EURUSD
- 0.9 pipsgroup
This broker against the South Africa middle (60 of 104)
| Admirals | South Africa median | |
|---|---|---|
| Round turn, USD | 6.0 USD | 7.0 USD |
| Min deposit, USD | 25 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | same business day hgroup | 24.0 h |
| EURUSD, standard | 0.9 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2001group | 2009.5 |
| Platforms | 3 | 3.0 |
Accepts residents of South Africa
Yes
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
South African clients served by locally licensed Admirals SA (Pty) Ltd.
Locally licensed entity
Cost per round turn, and the South Africa middle (60 of 104)
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
Trade.MT5 / Zero.MT5; min from ZAR 500 (approx USD 25 equivalent).
What the broker publishes about payouts
Reviews
4.0 out of 5 · Based on 1,404 reviews
Trading software and asset classes (3)
MT4 · MT5 · Admirals mobile app
FX, indices, commodities, stocks, ETFs, bonds, 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: 51311
- Swap-free account available
- Withdrawal published at same business day h
Cons (0)
- —
The rest of the shortlist in South Africa (6)
Where it does not serve
United States, Canada, Japan, Belgium
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (3)
Checked: 2026-07-09
- admirals.group domain
- fxscouts.co.za domain
- fsca.co.za domain
FAQ (5)
Does Admirals accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of Admirals?
South African clients served by locally licensed Admirals SA (Pty) Ltd.
What licence does Admirals hold for South Africa?
Licence 51311.
What does one EURUSD lot cost at Admirals?
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 Admirals take?
same business day hours as published. Withdrawal requests are processed on the same business day