Dukascopy — South Africa
Key facts (8)
- Who actually onboards you
- Served by Dukascopy Bank SA (Switzerland) cross-border; no South Afric
- Licence number
- not stated
- Established
- 2004group
- Min deposit, USD
- 100 USDgeo
- Platforms
- JForex 4 · MT4 · MT5
- Local funding
- Bank wire, cards, Dukascopy wallet; no South-Afr
- Max leverage
- 200geo
- EURUSD
- 0.1 pipsgroup
This broker against the South Africa middle (60 of 104)
| Dukascopy | South Africa median | |
|---|---|---|
| Round turn, USD | 8.0 USD | 7.0 USD |
| Min deposit, USD | 100 USDgeo | 50.0 USD |
| Max leverage | 200geo | 500.0geo |
| Withdrawal, h | no data | 24.0 h |
| EURUSD, standard | 0.1 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.1 pipsgroup | 0.0 pips |
| Established | 2004group | 2009.5 |
| Platforms | 3 | 3.0 |
Accepts residents of South Africa
Through an offshore entity
Score (5/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
Served by Dukascopy Bank SA (Switzerland) cross-border; no South African entity.
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
JForex/SWFX ECN, MT4, MT5; VIP; PAMM; swap-free. Min USD 100 (JForex), USD 1000 MT4/MT5.
What the broker publishes about payouts
Reviews
Dukascopy Review 2026
Trading software and asset classes (3)
JForex 4 · MT4 · MT5
FX, metals, index/commodity/stock CFDs, crypto CFDs, bonds.
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 (1)
- Swap-free account available
Cons (3)
- Round turn 8.0 USD against a South Africa median of 7.0
- No local licence: the client is onboarded by a foreign entity
- Withdrawal time not published
The rest of the shortlist in South Africa (6)
Where it does not serve
Belgium, Canada, Iran, Japan, North Korea, Russia, Sudan, South Sudan, Syria, Turkey, United Kingdom, United 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 (2)
Checked: 2026-07-09
- dukascopy.com domain
- dukascopy.bank/faq page
FAQ (4)
Does Dukascopy accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of Dukascopy?
Served by Dukascopy Bank SA (Switzerland) cross-border; no South African entity.
What licence does Dukascopy hold for South Africa?
No licence number is published for this country.
What does one EURUSD lot cost at Dukascopy?
8.0 USD per round turn against a South Africa median of 7.0 USD, measured on 60 of 104 brokers.