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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

Errante — South Africa

Key facts (8)

Who actually onboards you
Served under offshore Errante Securities (Seychelles) Ltd.
Licence number
not stated
Established
2019group
Min deposit, USD
not stated
Platforms
MT4 · MT5 · cTrader · TradingView
Local funding
No ZAR/local rails verified; cards, bank wire, S
Max leverage
1000geo
EURUSD
1.5 pipsgroup

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

ErranteSouth Africa median
Round turn, USD15.0 USD7.0 USD
Min deposit, USDno data50.0 USD
Max leverage1000geo500.0geo
Withdrawal, hup to 24 hours hgroup24.0 h
EURUSD, standard1.5 pipsgroup1.0 pips
EURUSD, raw0.0 pipsgroup0.0 pips
Established2019group2009.5
Platforms53.0

Accepts residents of South Africa

Through an offshore entity

Score (6/6 axes)

3.6 of 5
reviews7025%
cost5020%
safety1020%
payouts8015%
track_record3510%
platforms8510%

Ranked against brokers measured on every axis

Licence check

Licence number
not stated
Checked
2026-07-09

Register

Who actually onboards you

Served under offshore Errante Securities (Seychelles) Ltd.

Offshore entity

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

Round turn, USD
15.0 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/Premium/VIP (commission-free) + Tailor Made (commission); min USD 50.

What the broker publishes about payouts

Withdrawal, h
up to 24 hours hgroup

Reviews

Reviews
4.4/5 from 97 reviewsgroup

4.4

Trading software and asset classes (5)

MT4 · MT5 · cTrader · TradingView · Errante app

160+ CFDs: 46 FX pairs, indices, shares, commodities, 32 crypto.

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 (2)

  • Swap-free account available
  • Withdrawal published at up to 24 hours h

Cons (3)

  • Round turn 15.0 USD against a South Africa median of 7.0
  • No local licence: the client is onboarded by a foreign entity
  • Minimum deposit for this country not published

The rest of the shortlist in South Africa (6)

Where it does not serve

Afghanistan, Albania, The Bahamas, Barbados, Botswana, Cambodia, Canada, Ghana, Iran, Iraq, Jamaica, Mauritius, Myanmar, North Korea, Nicaragua, Panama, Russia, Syria, Uganda, USA, Yemen, Zimbabwe

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 (3)

Checked: 2026-07-09

FAQ (5)

Does Errante accept residents of South Africa?

Through an offshore entity.

Which entity onboards a South Africa client of Errante?

Served under offshore Errante Securities (Seychelles) Ltd.

What licence does Errante hold for South Africa?

No licence number is published for this country.

What does one EURUSD lot cost at Errante?

15.0 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 Errante take?

up to 24 hours hours as published. All withdrawal requests are processed within 24 hours of being submitted.