Markets.com — South Africa
Key facts (8)
- Who actually onboards you
- Pty Ltd
- Licence number
- 46860
- Established
- 2008
- Min deposit, USD
- 100 USDgeo
- Platforms
- Marketsx · WebTrader · MT4 · MT5
- Local funding
- Cards, wire/local bank transfer, PayPal, Skrill,
- Max leverage
- 300geo
- EURUSD
- not priced
This broker against the South Africa middle (60 of 104)
| Markets.com | South Africa median | |
|---|---|---|
| Round turn, USD | not priced | 7.0 USD |
| Min deposit, USD | 100 USDgeo | 50.0 USD |
| Max leverage | 300geo | 500.0geo |
| Withdrawal, h | 2 to 7 business days hgroup | 24.0 h |
| EURUSD, standard | not priced | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2008 | 2009.5 |
| Platforms | 5 | 3.0 |
Accepts residents of South Africa
Yes
Score (4/6 axes)
no data
Shown, not ranked: no review-platform rating
Licence check
Who actually onboards you
Pty Ltd
Locally licensed entity
Finalto (South Africa) Pty Ltd, locally licensed onshore entity.
Cost per round turn, and the South Africa middle (60 of 104)
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/Retail account; single main tier plus demo. Professional available.
What the broker publishes about payouts
Reviews
Trading software and asset classes (5)
Marketsx · WebTrader · MT4 · MT5 · TradingView
FX, indices, commodities, shares, ETFs, 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 (1)
- Licensed locally: 46860
Cons (1)
- No public review-platform rating, so the review axis is absent
The rest of the shortlist in South Africa (6)
Where it does not serve
Japan, Canada, Belgium, USA
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 (4)
Checked: 2026-07-09
- markets.com domain
- fsca.co.za domain
- tradingpedia.com domain
- commodity.com domain
FAQ (4)
Does Markets.com accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of Markets.com?
Pty Ltd
What licence does Markets.com hold for South Africa?
Licence 46860.
How long does a withdrawal from Markets.com take?
2 to 7 business days hours as published. Credit Card – 2 to 7 business days