Plus500 — South Africa
Key facts (8)
- Who actually onboards you
- Plus500AU Pty Ltd
- Licence number
- 47546
- Established
- 2008group
- Min deposit, USD
- not stated
- Platforms
- Plus500 WebTrader
- Local funding
- Debit/credit card (Visa/Mastercard), PayPal, Skr
- Max leverage
- 30geo
- EURUSD
- not priced
This broker against the South Africa middle (60 of 104)
| Plus500 | South Africa median | |
|---|---|---|
| Round turn, USD | not priced | 7.0 USD |
| Min deposit, USD | no data | 50.0 USD |
| Max leverage | 30geo | 500.0geo |
| Withdrawal, h | 1-3 business days hgeo | 24.0 h |
| EURUSD, standard | not priced | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2008group | 2009.5 |
| Platforms | 1 | 3.0 |
Accepts residents of South Africa
Through an offshore entity
Score (4/6 axes)
no data
Shown, not ranked: no review-platform rating
Licence check
Who actually onboards you
Plus500AU Pty Ltd
Entity not established
South African clients are served by Plus500AU Pty Ltd (the same entity covering Australia and New Zealand), with a genuine local FSCA authorisation.
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
Single Retail CFD account (Professional classification available); free unlimited demo.
What the broker publishes about payouts
Reviews
Trading software and asset classes (1)
Plus500 WebTrader
2,000+ CFDs across forex, indices, commodities, shares, ETFs, options and crypto.
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)
- Licensed locally: 47546
- Swap-free account available
Cons (2)
- No public review-platform rating, so the review axis is absent
- Minimum deposit for this country not published
The rest of the shortlist in South Africa (6)
Where it does not serve
United States, Canada, Belgium, Iran, North Korea, Sudan, Syria
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
FAQ (4)
Does Plus500 accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of Plus500?
Plus500AU Pty Ltd
What licence does Plus500 hold for South Africa?
Licence 47546.
How long does a withdrawal from Plus500 take?
1-3 business days hours as published. Withdrawals are usually processed within 1 to 3 business days.