ForexMart — South Africa
Key facts (8)
- Who actually onboards you
- Offshore Tradomart SV Ltd
- Licence number
- not stated
- Established
- 2015group
- Min deposit, USD
- 15 USDgeo
- Platforms
- MT4 · MT5
- Local funding
- Cards, wire, local bank transfer, Skrill, Netell
- Max leverage
- 500geo
- EURUSD
- not priced
This broker against the South Africa middle (60 of 104)
| ForexMart | South Africa median | |
|---|---|---|
| Round turn, USD | not priced | 7.0 USD |
| Min deposit, USD | 15 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | 1-7 working hours or up to 48 hours hgroup | 24.0 h |
| EURUSD, standard | not priced | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2015group | 2009.5 |
| Platforms | 2 | 3.0 |
Accepts residents of South Africa
Through an offshore entity
Score (4/6 axes)
no data
Shown, not ranked: no review-platform rating
Licence check
Who actually onboards you
Offshore Tradomart SV Ltd
Offshore entity
Offshore Tradomart SV Ltd (SVG) via forexmart.com.
Cost per round turn, and the South Africa middle (60 of 104)
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/Standard, Cent, Zero Spread, Swap-Free; demo.
What the broker publishes about payouts
Reviews
Trading software and asset classes (2)
MT4 · MT5
FX, metals, indices, commodities, crypto CFDs, shares.
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 1-7 working hours or up to 48 hours h
Cons (2)
- No local licence: the client is onboarded by a foreign entity
- 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, North Korea, Myanmar, Sudan, Syria
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 (4)
Checked: 2026-07-09
FAQ (4)
Does ForexMart accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of ForexMart?
Offshore Tradomart SV Ltd
What licence does ForexMart hold for South Africa?
No licence number is published for this country.
How long does a withdrawal from ForexMart take?
1-7 working hours or up to 48 hours hours as published. within 1–7 working hours or up to 48 hours