Skip to content
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

Grand Capital — South Africa

Key facts (8)

Who actually onboards you
Grand Capital Ltd
Licence number
not stated
Established
2006group
Min deposit, USD
10 USDgeo
Platforms
MT4 · MT5 · WebTrader
Local funding
Cards, bank wire, crypto; South Africa-specific
Max leverage
500geo
EURUSD
0 pipsgroup

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

Grand CapitalSouth Africa median
Round turn, USD5.0 USD7.0 USD
Min deposit, USD10 USDgeo50.0 USD
Max leverage500geo500.0geo
Withdrawal, hfrom 15 minutes hgroup24.0 h
EURUSD, standard0 pipsgroup1.0 pips
EURUSD, raw0 pipsgroup0.0 pips
Established2006group2009.5
Platforms33.0

Accepts residents of South Africa

Yes

Score (5/6 axes)

4.0 of 5
cost10020%
safety020%
payouts10015%
track_record10010%
platforms5010%

Shown, not ranked: no review-platform rating

Licence check

Licence number
not stated
Checked
2026-07-09

Register

Who actually onboards you

Grand Capital Ltd

Entity not established

Grand Capital Ltd (offshore); accepts South African clients via website; no ZA entity.

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

Round turn, USD
5.0 USD
Median
7.0 USD

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

Micro, Standard, MT5, ECN Prime, Swap-Free.

What the broker publishes about payouts

Withdrawal, h
from 15 minutes hgroup

Reviews

Reviews
no data

Trading software and asset classes (3)

MT4 · MT5 · WebTrader

500+ assets: FX, crypto, stocks, indices, metals, commodities.

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 (3)

  • Round turn 5.0 USD against a South Africa median of 7.0
  • Swap-free account available
  • Withdrawal published at from 15 minutes h

Cons (3)

  • No local licence: the client is onboarded by a foreign entity
  • Carries a regulator warning; excluded from beginner and most-established lists
  • 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, Seychelles, Saint Vincent and the Grenadines, Japan, Spain, Italy, France, Germany, Portugal, Denmark, Estonia, Slovenia, Greece, Malaysia, Russian Federation

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 Grand Capital accept residents of South Africa?

Yes.

Which entity onboards a South Africa client of Grand Capital?

Grand Capital Ltd

What licence does Grand Capital hold for South Africa?

No licence number is published for this country.

What does one EURUSD lot cost at Grand Capital?

5.0 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 Grand Capital take?

from 15 minutes hours as published. from 15 minutes