Orbex — South Africa
Key facts (8)
- Who actually onboards you
- Served offshore via Orbex Global Ltd (Mauritius) / Orbex LLC (SVG).
- Licence number
- not stated
- Established
- 2010group
- Min deposit, USD
- 100 USDgeo
- Platforms
- MT4 · MT5
- Local funding
- Cards, Skrill, Neteller, wire, Klarna/Sofort; ZA
- Max leverage
- 500geo
- EURUSD
- 1.5 pipsgroup
This broker against the South Africa middle (60 of 104)
| Orbex | South Africa median | |
|---|---|---|
| Round turn, USD | 8.0 USD | 7.0 USD |
| Min deposit, USD | 100 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | 24 hours; bank wires 3 to 5 business days hgroup | 24.0 h |
| EURUSD, standard | 1.5 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgroup | 0.0 pips |
| Established | 2010group | 2009.5 |
| Platforms | 2 | 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
Served offshore via Orbex Global Ltd (Mauritius) / Orbex LLC (SVG).
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
Starter (min USD 100), Premium (USD 500), Ultimate (USD 25,000).
What the broker publishes about payouts
Reviews
rating from reviews
Trading software and asset classes (2)
MT4 · MT5
FX, indices, commodities, shares, 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 24 hours; bank wires 3 to 5 business days h
Cons (2)
- Round turn 8.0 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, 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 (2)
Checked: 2026-07-09
FAQ (5)
Does Orbex accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of Orbex?
Served offshore via Orbex Global Ltd (Mauritius) / Orbex LLC (SVG).
What licence does Orbex hold for South Africa?
No licence number is published for this country.
What does one EURUSD lot cost at Orbex?
8.0 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 Orbex take?
24 hours; bank wires 3 to 5 business days hours as published. withdrawals are completed almost immediately, while traditional international bank wire transfers can take 3 to 5 business days to clear