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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

Land-FX — South Africa

Key facts (8)

Who actually onboards you
Land Prime Ltd
Licence number
not stated
Established
2008group
Min deposit, USD
10 USDgeo
Platforms
MT4 · MT5
Local funding
Bank wire, cards, Skrill, Neteller, Sticpay, cry
Max leverage
2000geo
EURUSD
1.4 pipsgroup

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

Land-FXSouth Africa median
Round turn, USD3.35 USD7.0 USD
Min deposit, USD10 USDgeo50.0 USD
Max leverage2000geo500.0geo
Withdrawal, h1 hour hgroup24.0 h
EURUSD, standard1.4 pipsgroup1.0 pips
EURUSD, raw0.3 pipsgroup0.0 pips
Established2008group2009.5
Platforms23.0

Accepts residents of South Africa

No

Score (5/6 axes)

4.04 of 5
cost10020%
safety1020%
payouts9915%
track_record9010%
platforms5010%

Shown, not ranked: no review-platform rating

Licence check

Licence number
not stated
Checked
2026-07-09

Register

Who actually onboards you

Land Prime Ltd

Offshore entity

Served via offshore entities: Land Prime Ltd (Mauritius) / Land Prime (SVG). No SA entity.

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

Round turn, USD
3.35 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

Standard (~USD 10), Cent, Asian Standard (~USD 50), ECN (USD 1000).

What the broker publishes about payouts

Withdrawal, h
1 hour hgroup

Reviews

Reviews
3.01/5 from 27 reviewsgroup

Land FX maintains a 3.01 TrustScore from 27 user reviews

Trading software and asset classes (2)

MT4 · MT5

FX, metals, oil, indices, stocks, 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 (3)

  • Round turn 3.35 USD against a South Africa median of 7.0
  • Swap-free account available
  • Withdrawal published at 1 hour h

Cons (1)

  • No local licence: the client is onboarded by a foreign entity

The rest of the shortlist in South Africa (6)

Where it does not serve

United States, 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%

Methodology

Verified · what changed · sources (3)

Checked: 2026-07-09

FAQ (5)

Does Land-FX accept residents of South Africa?

No.

Which entity onboards a South Africa client of Land-FX?

Land Prime Ltd

What licence does Land-FX hold for South Africa?

No licence number is published for this country.

What does one EURUSD lot cost at Land-FX?

3.35 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 Land-FX take?

1 hour hours as published. deposits and withdrawals within as less as one hour