Khwezi Trade — South Africa
Key facts (8)
- Who actually onboards you
- Khwezi Trade (Pty) Ltd, Cape Town
- Licence number
- 44816
- Established
- 2013group
- Min deposit, USD
- not stated
- Platforms
- MetaTrader 5 (MT5)
- Local funding
- EFT / bank transfer; client funds held in segreg
- Max leverage
- 400geo
- EURUSD
- 0.6 pipsgeo
This broker against the South Africa middle (60 of 104)
| Khwezi Trade | South Africa median | |
|---|---|---|
| Round turn, USD | 6.0 USD | 7.0 USD |
| Min deposit, USD | no data | 50.0 USD |
| Max leverage | 400geo | 500.0geo |
| Withdrawal, h | 1-3 working days hgeo | 24.0 h |
| EURUSD, standard | 0.6 pipsgeo | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2013group | 2009.5 |
| Platforms | 1 | 3.0 |
Accepts residents of South Africa
Yes
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
Khwezi Trade (Pty) Ltd, Cape Town
Entity not established
Cost per round turn, and the South Africa middle (60 of 104)
standard
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
Four live account types (basic account min deposit R500 ZAR); demo
What the broker publishes about payouts
Reviews
rated "Great" with 4 / 5 on Trustpilot
Trading software and asset classes (1)
MetaTrader 5 (MT5)
Multi-asset CFDs: currency pairs (forex), indices, commodities, 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)
- Round turn 6.0 USD against a South Africa median of 7.0
- Licensed locally: 44816
Cons (1)
- 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%
Verified · what changed · sources (3)
Checked: 2026-07-11
FAQ (5)
Does Khwezi Trade accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of Khwezi Trade?
Khwezi Trade (Pty) Ltd, Cape Town
What licence does Khwezi Trade hold for South Africa?
Licence 44816.
What does one EURUSD lot cost at Khwezi Trade?
6.0 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 Khwezi Trade take?
1-3 working days hours as published. Funds are usually reflected in your bank account 1-3 working days from the time of the withdrawal.