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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

T4Trade — South Africa

Key facts (8)

Who actually onboards you
Tradeco Ltd
Licence number
not stated
Established
2021group
Min deposit, USD
not stated
Platforms
MetaTrader 4 · MT5
Local funding
Cards, bank wire, Skrill, Neteller, crypto; SA-s
Max leverage
1000geo
EURUSD
not priced

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

T4TradeSouth Africa median
Round turn, USDnot priced7.0 USD
Min deposit, USDno data50.0 USD
Max leverage1000geo500.0geo
Withdrawal, hno data24.0 h
EURUSD, standardnot priced1.0 pips
EURUSD, rawnot priced0.0 pips
Established2021group2009.5
Platforms23.0

Accepts residents of South Africa

Through an offshore entity

Score (4/6 axes)

2.99 of 5
reviews5025%
safety020%
track_record2510%
platforms6510%

Shown, not ranked: no round-turn price

Licence check

Licence number
not stated
Checked
2026-07-09

Register

Who actually onboards you

Tradeco Ltd

Entity not established

South African clients onboarded by offshore Tradeco Ltd (Seychelles); no local entity.

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

Standard, Premium, Privilege, Cent; min deposit ~USD 50 (cent from a few USD).

What the broker publishes about payouts

Withdrawal, h
not stated

Reviews

Reviews
4.0/5 from 109 reviewsgroup

4,0 109 Bewertungen5 Sterne4 Sterne3 Sterne2 Sterne1 Stern

Trading software and asset classes (2)

MetaTrader 4 · MT5

300+ across 6 asset classes: FX, metals, indices, shares, commodities, 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 (1)

  • Swap-free account available

Cons (4)

  • No local licence: the client is onboarded by a foreign entity
  • Withdrawal time not published
  • Carries a regulator warning; excluded from beginner and most-established lists
  • 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: 2026-07-09

FAQ (3)

Does T4Trade accept residents of South Africa?

Through an offshore entity.

Which entity onboards a South Africa client of T4Trade?

Tradeco Ltd

What licence does T4Trade hold for South Africa?

No licence number is published for this country.