Trade Nation — South Africa
Key facts (8)
- Who actually onboards you
- South African clients are onboarded under the genuine LOCAL entity Tra
- Licence number
- 49846
- Established
- 2014group
- Min deposit, USD
- not stated
- Platforms
- TN Trader · MetaTrader 4
- Local funding
- Local ZAR bank transfer/EFT plus Visa/Mastercard
- Max leverage
- 200geo
- EURUSD
- 0.5 pipsgroup
This broker against the South Africa middle (60 of 104)
| Trade Nation | South Africa median | |
|---|---|---|
| Round turn, USD | 5.0 USD | 7.0 USD |
| Min deposit, USD | no data | 50.0 USD |
| Max leverage | 200geo | 500.0geo |
| Withdrawal, h | up to 5 business days hgroup | 24.0 h |
| EURUSD, standard | 0.5 pipsgroup | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2014group | 2009.5 |
| Platforms | 2 | 3.0 |
Accepts residents of South Africa
Yes
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
South African clients are onboarded under the genuine LOCAL entity Trade Nation Financial (Pty) Ltd (reg. 2018/418755/07
Locally licensed entity
Cost per round turn, and the South Africa middle (60 of 104)
standard
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
Two live tiers - lower-leverage (up to 1:30) and higher-leverage (up to 1:200), plus demo; TN Trader is fixed-spread, MT
What the broker publishes about payouts
Reviews
Trade Nation has an overall score of 4.4/5 from 2,081 reviews on TrustPilot
Trading software and asset classes (2)
TN Trader · MetaTrader 4
1,000+ instruments - ~40 forex pairs, ~1,100 share CFDs, plus indices, commodities and 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 (3)
- Round turn 5.0 USD against a South Africa median of 7.0
- Licensed locally: 49846
- Swap-free account available
Cons (1)
- 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, North Korea, Iran, Iraq, 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
- tradenation.com/en-za page
- fsca.co.za domain
- sashares.co.za/trade-nation-review page
- safeforexbrokers.co.za domain
FAQ (5)
Does Trade Nation accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of Trade Nation?
South African clients are onboarded under the genuine LOCAL entity Trade Nation Financial (Pty) Ltd (reg. 2018/418755/07), not an offshore arm.
What licence does Trade Nation hold for South Africa?
Licence 49846.
What does one EURUSD lot cost at Trade Nation?
5.0 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 Trade Nation take?
up to 5 business days hours as published. withdrawals ... can take up to five business days