IronFX — South Africa
Key facts (8)
- Who actually onboards you
- Notesco SA (Pty) Ltd — locally licensed SA entity.
- Licence number
- 45276
- Established
- 2010group
- Min deposit, USD
- 100 USDgeo
- Platforms
- MT4 · MT5 · WebTrader
- Local funding
- Cards, bank wire, Skrill, Neteller, UnionPay, Bi
- Max leverage
- 500geo
- EURUSD
- 1.8 pipsgroup
This broker against the South Africa middle (60 of 104)
| IronFX | South Africa median | |
|---|---|---|
| Round turn, USD | 18.0 USD | 7.0 USD |
| Min deposit, USD | 100 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | no data | 24.0 h |
| EURUSD, standard | 1.8 pipsgroup | 1.0 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 2010group | 2009.5 |
| Platforms | 3 | 3.0 |
Accepts residents of South Africa
No
Score (5/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
Notesco SA (Pty) Ltd — locally licensed SA entity.
Locally licensed entity
Cost per round turn, and the South Africa middle (60 of 104)
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
Standard/Premium/VIP, Live Zero Fixed, ECN/Zero Spread, Cent; min USD 100.
What the broker publishes about payouts
Reviews
Trading software and asset classes (3)
MT4 · MT5 · WebTrader
FX, indices, shares, commodities, metals, 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: 45276
- Swap-free account available
Cons (2)
- Round turn 18.0 USD against a South Africa median of 7.0
- Withdrawal time not published
The rest of the shortlist in South Africa (6)
Where it does not serve
United States, Iran, Cuba, Sudan, Syria, North Korea
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 (3)
Checked: 2026-07-09
- ironfx.com/za page
- fsca.co.za domain
- fxscouts.co.za domain
FAQ (4)
Does IronFX accept residents of South Africa?
No.
Which entity onboards a South Africa client of IronFX?
Notesco SA (Pty) Ltd — locally licensed SA entity.
What licence does IronFX hold for South Africa?
Licence 45276.
What does one EURUSD lot cost at IronFX?
18.0 USD per round turn against a South Africa median of 7.0 USD, measured on 60 of 104 brokers.