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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

Purple Group — South Africa

Key facts (8)

Who actually onboards you
Purple Group Ltd
Licence number
not stated
Established
2011group
Min deposit, USD
not stated
Platforms
EasyEquities · EasyProperties · EasyCrypto · EasyTrader
Local funding
EFT, instant EFT, debit order (via subsidiary pl
Max leverage
not stated
EURUSD
not priced

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

Purple GroupSouth Africa median
Round turn, USDnot priced7.0 USD
Min deposit, USDno data50.0 USD
Max leverageno data500.0geo
Withdrawal, hno data24.0 h
EURUSD, standardnot priced1.0 pips
EURUSD, rawnot priced0.0 pips
Established2011group2009.5
Platforms63.0

Accepts residents of South Africa

Yes

Score (3/6 axes)

no data

Shown, not ranked: no review-platform rating

Licence check

Licence number
not stated
Checked
2026-07-11

Register

Who actually onboards you

Purple Group Ltd

Entity not established

Purple Group Ltd (JSE-listed holding company, ticker PPE) - parent of EasyEquities and related 'Easy' brands

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

Round turn, USD
not priced
Median
7.0 USD

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

Not client-facing itself; group offers ZAR, TFSA, RA, offshore accounts via EasyEquities and retirement via EasyRetire

What the broker publishes about payouts

Withdrawal, h
not stated

Reviews

Reviews
no data

Trading software and asset classes (6)

EasyEquities · EasyProperties · EasyCrypto · EasyTrader · EasyRetire · EasyAssetManagement

Via subsidiaries: JSE shares, ETFs, offshore shares, crypto, fractional property, retirement products, asset management

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: register entry
  • Swap-free account available

Cons (3)

  • Withdrawal time not published
  • 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

no data

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 (4)

Checked: 2026-07-11

FAQ (3)

Does Purple Group accept residents of South Africa?

Yes.

Which entity onboards a South Africa client of Purple Group?

Purple Group Ltd

What licence does Purple Group hold for South Africa?

No licence number is published for this country.