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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

STARTRADER — South Africa

Key facts (8)

Who actually onboards you
STARTRADER International Pty Ltd
Licence number
52464
Established
2019group
Min deposit, USD
50 USDgeo
Platforms
MT4 · MT5 · STARTRADER app
Local funding
Cards, wire, e-wallets, crypto; dedicated ZA sta
Max leverage
1000geo
EURUSD
1.3 pipsgeo

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

STARTRADERSouth Africa median
Round turn, USD4.0 USD7.0 USD
Min deposit, USD50 USDgeo50.0 USD
Max leverage1000geo500.0geo
Withdrawal, h24 hours hgroup24.0 h
EURUSD, standard1.3 pipsgeo1.0 pips
EURUSD, raw0.0 pipsgeo0.0 pips
Established2019group2009.5
Platforms33.0

Accepts residents of South Africa

Yes

Score (5/6 axes)

4.48 of 5
cost10020%
safety10020%
payouts8015%
track_record3510%
platforms6510%

Shown, not ranked: no review-platform rating

Licence check

Licence number
52464
Checked
2026-07-09

Register

Who actually onboards you

STARTRADER International Pty Ltd

Offshore entity

STARTRADER International Pty Ltd (South Africa), reg. 2022/435897/07, Claremont, Cape Town; local FSCA-authorised entity.

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

Round turn, USD
4.0 USD
Median
7.0 USD

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

Standard/ECN (min USD 50); Prime ECN (min USD 10,000); Islamic on request; PAMM.

What the broker publishes about payouts

Withdrawal, h
24 hours hgroup

Reviews

Reviews
no data

Trading software and asset classes (3)

MT4 · MT5 · STARTRADER app

1,000+ CFDs: FX, commodities, indices, stocks, crypto, ETFs.

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 (4)

  • Round turn 4.0 USD against a South Africa median of 7.0
  • Licensed locally: 52464
  • Swap-free account available
  • Withdrawal published at 24 hours h

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

Singapore

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: 2026-07-09

FAQ (5)

Does STARTRADER accept residents of South Africa?

Yes.

Which entity onboards a South Africa client of STARTRADER?

STARTRADER International Pty Ltd

What licence does STARTRADER hold for South Africa?

Licence 52464.

What does one EURUSD lot cost at STARTRADER?

4.0 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 STARTRADER take?

24 hours hours as published. withdrawals are generally processed by STARTRADER within 24 hours