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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

Traders Trust — South Africa

Key facts (8)

Who actually onboards you
Offshore TTCM Traders Trust Capital Markets Ltd
Licence number
not stated
Established
2009group
Min deposit, USD
50 USDgeo
Platforms
MT4
Local funding
Cards (Visa/Mastercard), bank wire, Skrill, Nete
Max leverage
3000geo
EURUSD
1.5 pipsgroup

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

Traders TrustSouth Africa median
Round turn, USD6.0 USD7.0 USD
Min deposit, USD50 USDgeo50.0 USD
Max leverage3000geo500.0geo
Withdrawal, h1 business day hgroup24.0 h
EURUSD, standard1.5 pipsgroup1.0 pips
EURUSD, raw0 pipsgroup0.0 pips
Established2009group2009.5
Platforms13.0

Accepts residents of South Africa

Through an offshore entity

Score (6/6 axes)

4.01 of 5
reviews8025%
cost9520%
safety1020%
payouts8015%
track_record8510%
platforms5510%

Ranked against brokers measured on every axis

Licence check

Licence number
not stated
Checked
2026-07-09

Register

Who actually onboards you

Offshore TTCM Traders Trust Capital Markets Ltd

Offshore entity

Offshore TTCM Traders Trust Capital Markets Ltd (Seychelles FSA / SVG); not a local SA entity.

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

Round turn, USD
6.0 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

Classic (min USD 50), Pro, VIP; demo; Islamic swap-free.

What the broker publishes about payouts

Withdrawal, h
1 business day hgroup

Reviews

Reviews
4.6/5 (Trustpilot, review count not published on the source page snippet)group

We are rated4.6 out of 5Trustpilot

Trading software and asset classes (1)

MT4

FX, indices, commodities, shares, 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 6.0 USD against a South Africa median of 7.0
  • Swap-free account available
  • Withdrawal published at 1 business day h

Cons (1)

  • No local licence: the client is onboarded by a foreign entity

The rest of the shortlist in South Africa (6)

Where it does not serve

United States, Canada, Iran, Iraq, North Korea, Syria, Australia, New Zealand, Russian Federation, Guyana, Lao People's Democratic Republic, Uganda, Yemen, Venezuela, Cuba, Sudan, Afghanistan

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 Traders Trust accept residents of South Africa?

Through an offshore entity.

Which entity onboards a South Africa client of Traders Trust?

Offshore TTCM Traders Trust Capital Markets Ltd

What licence does Traders Trust hold for South Africa?

No licence number is published for this country.

What does one EURUSD lot cost at Traders Trust?

6.0 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 Traders Trust take?

1 business day hours as published. Withdrawals are typically processed within one business day.