Eightcap — South Africa
Key facts (8)
- Who actually onboards you
- Eightcap Global Limited
- Licence number
- not stated
- Established
- 2015group
- Min deposit, USD
- not stated
- Platforms
- MT4 · MT5 · TradingView · WebTrader
- Local funding
- Cards, bank wire, Skrill, Neteller; no verified
- Max leverage
- 500geo
- EURUSD
- 1.0 pipsgroup
This broker against the South Africa middle (60 of 104)
| Eightcap | South Africa median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 7.0 USD |
| Min deposit, USD | no data | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | no data | 24.0 h |
| EURUSD, standard | 1.0 pipsgroup | 1.0 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 2015group | 2009.5 |
| Platforms | 5 | 3.0 |
Accepts residents of South Africa
Through an offshore entity
Score (4/6 axes)
Shown, not ranked: no review-platform rating
Licence check
Who actually onboards you
Eightcap Global Limited
Offshore entity
South African retail clients are onboarded under the offshore Eightcap Global Limited (Bahamas, SCB).
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
Standard (commission-free) and Raw; min deposit USD 100.
What the broker publishes about payouts
Reviews
4.3 out of 5 · 4 reviews
Trading software and asset classes (5)
MT4 · MT5 · TradingView · WebTrader · TradeLocker
800+ CFDs: ~56 forex pairs, indices, metals, energies, ~580 share/ETF CFDs and a large crypto CFD range (100+ coins).
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 (4)
- Round turn 7.0 USD against a South Africa median of 7.0
- No local licence: the client is onboarded by a foreign entity
- Withdrawal time not published
- Minimum deposit for this country not published
The rest of the shortlist in South Africa (6)
Where it does not serve
no data
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
FAQ (4)
Does Eightcap accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of Eightcap?
Eightcap Global Limited
What licence does Eightcap hold for South Africa?
No licence number is published for this country.
What does one EURUSD lot cost at Eightcap?
7.0 USD per round turn against a South Africa median of 7.0 USD, measured on 60 of 104 brokers.