XTB — South Africa
Key facts (8)
- Who actually onboards you
- XTB International Limited
- Licence number
- 000302/316
- Established
- 2002group
- Min deposit, USD
- not stated
- Platforms
- xStation 5
- Local funding
- Bank wire and Visa/Mastercard; e-wallets (Skrill
- Max leverage
- 500geo
- EURUSD
- 0.7 pipsgeo
This broker against the South Africa middle (60 of 104)
| XTB | South Africa median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 7.0 USD |
| Min deposit, USD | no data | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | up to 3 business days hgroup | 24.0 h |
| EURUSD, standard | 0.7 pipsgeo | 1.0 pips |
| EURUSD, raw | not priced | 0.0 pips |
| Established | 2002group | 2009.5 |
| Platforms | 1 | 3.0 |
Accepts residents of South Africa
Through an offshore entity
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
XTB International Limited
Offshore entity
South African clients are onboarded under the offshore group entity XTB International Limited (Belize); a local XTB Africa (Pty) Ltd holds an FSCA licence but reportedly never launched client-facing operations.
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
Standard (commission-free, spread-only) and Pro; Islamic swap-free available; no set minimum deposit.
What the broker publishes about payouts
Reviews
Why We Gave it 5/5 Stars
Trading software and asset classes (1)
xStation 5
Forex, indices, commodities, stock and ETF CFDs, crypto CFDs (~1,900+); real unleveraged shares not offered here.
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 (3)
- Round turn 7.0 USD against a South Africa median of 7.0
- No local licence: the client is onboarded by a foreign entity
- Minimum deposit for this country not published
The rest of the shortlist in South Africa (6)
Where it does not serve
Afghanistan, Yemen, South Sudan, Democratic Republic of the Congo, North Korea, Syria, Haiti, Mali, Iran, Myanmar
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 (3)
Checked: 2026-07-09
FAQ (5)
Does XTB accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of XTB?
XTB International Limited
What licence does XTB hold for South Africa?
Licence 000302/316.
What does one EURUSD lot cost at XTB?
7.0 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 XTB take?
up to 3 business days hours as published. withdrawals are processed within up to 3 business days