LiteFinance — South Africa
Key facts (8)
- Who actually onboards you
- South African residents are onboarded under offshore LiteFinance Globa
- Licence number
- 931
- Established
- 2005group
- Min deposit, USD
- 50 USDgeo
- Platforms
- MT4 · MT5 · cTrader · proprietary web/mobile terminal
- Local funding
- Cards, e-wallets (Skrill, Neteller, Perfect Mone
- Max leverage
- 1000geo
- EURUSD
- from 1.8 points pipsgroup
This broker against the South Africa middle (60 of 104)
| LiteFinance | South Africa median | |
|---|---|---|
| Round turn, USD | 18.0 USD | 7.0 USD |
| Min deposit, USD | 50 USDgeo | 50.0 USD |
| Max leverage | 1000geo | 500.0geo |
| Withdrawal, h | up to 24 hours hgroup | 24.0 h |
| EURUSD, standard | from 1.8 points pipsgroup | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2005group | 2009.5 |
| Platforms | 4 | 3.0 |
Accepts residents of South Africa
Through an offshore entity
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
South African residents are onboarded under offshore LiteFinance Global LLC (St Vincent) / LiteFinance Investment Limite
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
Cent, Classic (min USD 50, no commission) and ECN (min USD 50, commission-based); MT4/MT5.
What the broker publishes about payouts
Reviews
Trustpilot 4.4 out of 5.0 based on 275 ratings
Trading software and asset classes (4)
MT4 · MT5 · cTrader · proprietary web/mobile terminal
Forex pairs, metals, oil, stock indices, share CFDs and 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)
- Swap-free account available
- Withdrawal published at up to 24 hours h
Cons (2)
- Round turn 18.0 USD against a South Africa median of 7.0
- 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, European Economic Area, Israel, Russia, Japan
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 (2)
Checked: 2026-07-09
- fsca.co.za domain
- litefinance.org/company/documents page
FAQ (5)
Does LiteFinance accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of LiteFinance?
South African residents are onboarded under offshore LiteFinance Global LLC (St Vincent) / LiteFinance Investment Limited (Mauritius FSC).
What licence does LiteFinance hold for South Africa?
Licence 931.
What does one EURUSD lot cost at LiteFinance?
18.0 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 LiteFinance take?
up to 24 hours hours as published. lightning-fast automatic withdrawals, up to 5000 USD per day