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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

Finvasia — South Africa

Key facts (8)

Who actually onboards you
South Africa served via Fxview — Finvasia Capital South Africa (Pty) L
Licence number
50410
Established
not stated
Min deposit, USD
not stated
Platforms
MT4 · MT5 · ZuluTrade
Local funding
Cards (Visa/Mastercard), bank wire, Skrill, Nete
Max leverage
not stated
EURUSD
not priced

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

FinvasiaSouth Africa median
Round turn, USDnot priced7.0 USD
Min deposit, USDno data50.0 USD
Max leverageno data500.0geo
Withdrawal, hno data24.0 h
EURUSD, standardnot priced1.0 pips
EURUSD, rawnot priced0.0 pips
Establishednot stated2009.5
Platforms33.0

Accepts residents of South Africa

Through an offshore entity

Score (2/6 axes)

no data

Shown, not ranked: no review-platform rating

Licence check

Licence number
50410
Checked
2026-07-09

Register

Who actually onboards you

South Africa served via Fxview — Finvasia Capital South Africa (Pty) Ltd, an FSCA-authorised FSP (local licence).

Locally licensed entity

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

Round turn, USD
not priced
Median
7.0 USD

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

Fxview Zero Commission, Raw ECN, Premium ECN, Islamic. Negative balance protection all accounts.

What the broker publishes about payouts

Withdrawal, h
not stated

Reviews

Reviews
no data

Trading software and asset classes (3)

MT4 · MT5 · ZuluTrade

FX, indices, shares, commodities, 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 (2)

  • Licensed locally: 50410
  • Swap-free account available

Cons (4)

  • Withdrawal time not published
  • Carries a regulator warning; excluded from beginner and most-established lists
  • No public review-platform rating, so the review axis is absent
  • Minimum deposit for this country not published

The rest of the shortlist in South Africa (6)

Where it does not serve

Central African Republic, Democratic Republic of the Congo, Eritrea, Guinea-Bissau, Mali, North Korea, Russian Federation, Somalia, South Sudan, Syria, Yemen, United States of America, United Kingdom, British Columbia

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 (3)

Does Finvasia accept residents of South Africa?

Through an offshore entity.

Which entity onboards a South Africa client of Finvasia?

South Africa served via Fxview — Finvasia Capital South Africa (Pty) Ltd, an FSCA-authorised FSP (local licence).

What licence does Finvasia hold for South Africa?

Licence 50410.