Recalculated 2026-11-02 · Established 2007 · AMarkets Ltd
AMarkets — South Africa
AMarkets is rated 3.35 out of 5 by our formula (Rank #27 of 70) for traders in South Africa: round turn 7 USD, residents accepted — Through an offshore entity.
Suits you if a swap-free account is available · it runs 3 trading platforms · it has been trading for 19 years
Look elsewhere if the minimum is 100 USD against 50 USD in this market · it holds no licence issued in South Africa · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- AMarkets Ltd
- Licence number
- not stated
- Established
- 2007
- Min deposit, USD
- 100 USD
- Platforms
- MT4 · MT5 · AMarkets App
- Local funding
- Cards, e-wallets, crypto; ZAR-specific payment m
- Max leverage
- 3000geo
- EURUSD
- 1.3 pipsgroup
Accounts (3)
3 of 3 accounts with a published cost per lot
3 of 3 shown
Click a column heading to sort. Figures are list terms, no promo codes.
This broker against the South Africa middle (81 of 104)
| AMarkets | South Africa median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 7.0 USD |
| Min deposit, USD | 100 USD | 50.0 USD |
| Max leverage | 3000geo | 500.0geo |
| Withdrawal, h | up to 24 hoursgroup | 24.0 h |
| EURUSD, standard | 1.3 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.2 pipsgroup | 0.0 pips |
| Established | 2007 | 2009.0 |
| Platforms | 3 | 3.0 |
Onboards residents through an offshore entity
Unregulated locally; offshore only. South African clients lack FSCA protections.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about AMarkets.
- Who actually onboards you
- AMarkets Ltd
- Licence number
- —
- Local licence
- no
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 4.50+ 20.0% × 4.50+ 20.0% × 0.00+ 15.0% × 4.00+ 10.0% × 4.75+ 10.0% × 2.50= 3.35
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
AMarkets Ltd
Offshore entity
Offshore entity; onboarded via AMarkets Ltd (MISA/Mwali, Comoros) / SVG. Local office presence reported; no FSCA-licensed entity.
What each account gives you
Standard, ECN, Zero; min deposit USD 100.
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min deposit USD 100; no deposit fee.
What the broker publishes about payouts
Trading software and asset classes (3)
MT4 · MT5 · AMarkets App
FX, metals, indices, commodities, stocks, ETFs, crypto CFDs.
Reviews
Evaluating 297 reviews
Where it wins, where it loses
Pros (2)
- Swap-free account available
- Withdrawal published at up to 24 hours
Cons (2)
- Round turn 7.0 USD against a South Africa median of 7.0
- No local licence: the client is onboarded by a foreign entity
Where it does not serve
American Samoa, Angola, Armenia, Afghanistan, Benin, Botswana, Burkina Faso, Burundi, Cape Verde, Central African Republic, Chad, Comoros, Crimea, Cuba, Donetsk region, Ethiopia, Federated States of Micronesia, Gabon, Gambia
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- The broker's own documents
- 1amarkets.comamarkets.com · domainBroker
- Aggregators and directories
- 2fxempire.com/brokers/amarketsfxempire.com · pageAggregator
- 3sashares.co.za/amarkets-reviewsashares.co.za · pageAggregator
FAQ (5)
Does AMarkets accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of AMarkets?
AMarkets Ltd
What licence does AMarkets hold for South Africa?
No licence number is published for this country.
What does one EURUSD lot cost at AMarkets?
7.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from AMarkets take?
AMarkets publishes up to 24 hours. Their own wording: “Withdrawals by card, crypto, and Volet are processed for up to 24 hours.”.