CMTrading — South Africa
Key facts (8)
- Who actually onboards you
- GCMT South Africa (Pty) Ltd; FSCA licence carried via Blackstone Marke
- Licence number
- 38782
- Established
- 2012group
- Min deposit, USD
- 300 USDgeo
- Platforms
- MT4 · WebTrader · mobile app · Sirix/copy-trading
- Local funding
- Cards, bank/EFT transfer, Skrill, Neteller.
- Max leverage
- 200geo
- EURUSD
- 1.5 pipsgroup
This broker against the South Africa middle (60 of 104)
| CMTrading | South Africa median | |
|---|---|---|
| Round turn, USD | 8.0 USD | 7.0 USD |
| Min deposit, USD | 300 USDgeo | 50.0 USD |
| Max leverage | 200geo | 500.0geo |
| Withdrawal, h | 24 hours hgroup | 24.0 h |
| EURUSD, standard | 1.5 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.1 pipsgroup | 0.0 pips |
| Established | 2012group | 2009.5 |
| Platforms | 4 | 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
GCMT South Africa (Pty) Ltd; FSCA licence carried via Blackstone Marketing SA (Pty) Ltd. Home market.
Entity not established
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
Basic/Silver/Gold/Premium/VIP tiers; entry min ~USD 300 (Basic).
What the broker publishes about payouts
Reviews
TrustScore 4.3 out of 5
Trading software and asset classes (4)
MT4 · WebTrader · mobile app · Sirix/copy-trading
FX, indices, commodities, shares, 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 (3)
- Licensed locally: 38782
- Swap-free account available
- Withdrawal published at 24 hours h
Cons (1)
- Round turn 8.0 USD against a South Africa median of 7.0
The rest of the shortlist in South Africa (6)
Where it does not serve
United States, North Korea, Iran, Syria, EU member states
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 (4)
Checked: 2026-07-09
- cmtrading.com/where-is-cmtrading-authorized page
- sashares.co.za domain
- daytrading.com domain
- dailyforex.com domain
FAQ (5)
Does CMTrading accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of CMTrading?
GCMT South Africa (Pty) Ltd; FSCA licence carried via Blackstone Marketing SA (Pty) Ltd. Home market.
What licence does CMTrading hold for South Africa?
Licence 38782.
What does one EURUSD lot cost at CMTrading?
8.0 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 CMTrading take?
24 hours hours as published. CMTrading strives to process withdrawal requests within 24 hours