Equiti — South Africa
Key facts (8)
- Who actually onboards you
- SA clients served via group offshore entities (FCA UK / Seychelles FSA
- Licence number
- not stated
- Established
- 2003group
- Min deposit, USD
- 500 USDgeo
- Platforms
- MT4 · MT5 · Equiti Trader app
- Local funding
- Cards, bank transfer, e-wallets; local ZAR EFT n
- Max leverage
- 500geo
- EURUSD
- 1.4 pipsgroup
This broker against the South Africa middle (60 of 104)
| Equiti | South Africa median | |
|---|---|---|
| Round turn, USD | 8.0 USD | 7.0 USD |
| Min deposit, USD | 500 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | no data | 24.0 h |
| EURUSD, standard | 1.4 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.1 pipsgroup | 0.0 pips |
| Established | 2003group | 2009.5 |
| Platforms | 3 | 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
SA clients served via group offshore entities (FCA UK / Seychelles FSA); direct FSCA authorisation not verified at revie
Offshore 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
Classic (no min), Standard, Premier; min deposit cited ~$500 for SA.
What the broker publishes about payouts
Reviews
Trading software and asset classes (3)
MT4 · MT5 · Equiti Trader app
FX, indices, commodities, shares, ETFs (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 (1)
- Swap-free account available
Cons (4)
- 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
- No public review-platform rating, so the review axis is absent
The rest of the shortlist in South Africa (6)
Where it does not serve
United States, Belgium, Canada, Japan, Israel, Iran, North Korea, Cuba, Syria, Sudan, Belarus, Russia
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
- equiti.com domain
- fsca.co.za domain
FAQ (4)
Does Equiti accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of Equiti?
SA clients served via group offshore entities (FCA UK / Seychelles FSA); direct FSCA authorisation not verified at review.
What licence does Equiti hold for South Africa?
No licence number is published for this country.
What does one EURUSD lot cost at Equiti?
8.0 USD per round turn against a South Africa median of 7.0 USD, measured on 60 of 104 brokers.