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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

Investec Online / Clarity — South Africa

Key facts (8)

Who actually onboards you
Investec Bank Ltd
Licence number
not stated
Established
not stated
Min deposit, USD
not stated
Platforms
Investec Online Share Trading platform · Clarity mobile app
Local funding
EFT / bank transfer, debit order (Investec banki
Max leverage
not stated
EURUSD
not priced

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

Investec Online / ClaritySouth 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
Platforms23.0

Accepts residents of South Africa

Yes

Score (2/6 axes)

no data

Shown, not ranked: no review-platform rating

Licence check

Licence number
not stated
Checked
2026-07-11

Register

Who actually onboards you

Investec Bank Ltd

Entity not established

Investec Bank Ltd / Investec Securities (JSE member); Clarity app by Investec

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

Investec Online Share Trading account (ZAR/local + offshore), Clarity investing account (from R25 min deposit); TFSA ava

What the broker publishes about payouts

Withdrawal, h
not stated

Reviews

Reviews
no data

Trading software and asset classes (2)

Investec Online Share Trading platform · Clarity mobile app

JSE-listed shares & ETFs, local & global shares/ETFs; Clarity offers 600-750+ local & international shares/ETFs via Investec-issued 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 (1)

  • Licensed locally: register entry

Cons (3)

  • Withdrawal time not published
  • 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

no data

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: 2026-07-11

FAQ (3)

Does Investec Online / Clarity accept residents of South Africa?

Yes.

Which entity onboards a South Africa client of Investec Online / Clarity?

Investec Bank Ltd

What licence does Investec Online / Clarity hold for South Africa?

No licence number is published for this country.