FXGT.com — South Africa
Key facts (8)
- Who actually onboards you
- GT IO Markets (Pty) Ltd (South Africa); locally authorised.
- Licence number
- 48896
- Established
- 2019group
- Min deposit, USD
- 5 USDgeo
- Platforms
- MT4 · MT5
- Local funding
- Cards (Visa/Mastercard/JCB), bank wire, Skrill,
- Max leverage
- 1000geo
- EURUSD
- not priced
This broker against the South Africa middle (60 of 104)
| FXGT.com | South Africa median | |
|---|---|---|
| Round turn, USD | not priced | 7.0 USD |
| Min deposit, USD | 5 USDgeo | 50.0 USD |
| Max leverage | 1000geo | 500.0geo |
| Withdrawal, h | no data | 24.0 h |
| EURUSD, standard | not priced | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2019group | 2009.5 |
| Platforms | 2 | 3.0 |
Accepts residents of South Africa
Through an offshore entity
Score (4/6 axes)
Shown, not ranked: no round-turn price
Licence check
Who actually onboards you
GT IO Markets (Pty) Ltd (South Africa); locally authorised.
Offshore entity
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
Mini, Standard+, ECN/ECN Zero, Pro (Optimus).
What the broker publishes about payouts
Reviews
around 4.2 out of 5 across roughly 1,600 reviews
Trading software and asset classes (2)
MT4 · MT5
FX, 30+ crypto CFDs, stock CFDs, indices, metals, energies.
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: 48896
- Swap-free account available
Cons (1)
- Withdrawal time not published
The rest of the shortlist in South Africa (6)
Where it does not serve
United States, Canada, North Korea, Iran, Belize, Ukraine
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
- fxgt.com/about-fxgt page
- fsca.co.za domain
- compareforexbrokers.co.za domain
- sashares.co.za domain
FAQ (3)
Does FXGT.com accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of FXGT.com?
GT IO Markets (Pty) Ltd (South Africa); locally authorised.
What licence does FXGT.com hold for South Africa?
Licence 48896.