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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

ATFX — South Africa

Key facts (8)

Who actually onboards you
AT Global Markets SA (Pty) Ltd (ATFX SA), Cape Town.
Licence number
44816
Established
2017
Min deposit, USD
not stated
Platforms
MT4 · MT5
Local funding
Cards, bank/EFT wire, e-wallets; specific SA rai
Max leverage
400geo
EURUSD
1.2 pipsgroup

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

ATFXSouth Africa median
Round turn, USD12.0 USD7.0 USD
Min deposit, USDno data50.0 USD
Max leverage400geo500.0geo
Withdrawal, h1 working day hgroup24.0 h
EURUSD, standard1.2 pipsgroup1.0 pips
EURUSD, rawnot priced0.0 pips
Established20172009.5
Platforms23.0

Accepts residents of South Africa

Yes

Score (5/6 axes)

4.24 of 5
cost6520%
safety10020%
payouts8015%
track_record4510%
platforms6510%

Shown, not ranked: no review-platform rating

Licence check

Licence number
44816
Checked
2026-07-09

Register

Who actually onboards you

AT Global Markets SA (Pty) Ltd (ATFX SA), Cape Town.

Locally licensed entity

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

Round turn, USD
12.0 USD
Median
7.0 USD

standard

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 / Edge / Premium; demo.

What the broker publishes about payouts

Withdrawal, h
1 working day hgroup

Reviews

Reviews
no data

Trading software and asset classes (2)

MT4 · MT5

FX, indices, commodities, shares/ETF 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 (3)

  • Licensed locally: 44816
  • Swap-free account available
  • Withdrawal published at 1 working day h

Cons (3)

  • Round turn 12.0 USD against a South Africa median of 7.0
  • No public review-platform rating, so the review axis is absent
  • Minimum deposit for this country not published

The rest of the shortlist in South Africa (6)

Where it does not serve

Canada, Japan, Democratic People’s Republic of Korea (DPRK), Iran, United States of America (USA)

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 (2)

Checked: 2026-07-09

FAQ (5)

Does ATFX accept residents of South Africa?

Yes.

Which entity onboards a South Africa client of ATFX?

AT Global Markets SA (Pty) Ltd (ATFX SA), Cape Town.

What licence does ATFX hold for South Africa?

Licence 44816.

What does one EURUSD lot cost at ATFX?

12.0 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 ATFX take?

1 working day hours as published. All withdrawal requests received on a business day before 4 pm (CY time) will be processed on the same day.