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104 brokers measured81 pricedmedian 7.0 USDformula v1.0Data captured 02.11.2026Some links are partner links. They never change a score or a position.

Recalculated 2026-11-02 · Established 2006 · Local Ava Capital Markets Pty Ltd

AvaTrade — South Africa

AvaTrade is rated 3.77 out of 5 by our formula (Rank #11 of 70) for traders in South Africa: round turn 9 USD, residents accepted — Yes.

Suits you if it takes residents of South Africa · a swap-free account is available · it runs 6 trading platforms

Look elsewhere if the round turn is 9 USD against a 7 USD median here · the minimum is 100 USD against 50 USD in this market

Key facts (8)

Who actually onboards you
Local Ava Capital Markets Pty Ltd
Licence number
45984
Established
2006group
Min deposit, USD
100 USDgeo
Platforms
MT4 · MT5 · WebTrader · AvaTradeGO
Local funding
ZAR bank transfer, cards, wire, Skrill/Neteller.
Max leverage
400geo
EURUSD
0.9 pipsgeo

Accounts (1)

AvaTrade publishes no cost per lot for any account offered in South Africa.

See the 81 brokers here that publish one

This broker against the South Africa middle (81 of 104)

AvaTradeSouth Africa median
Round turn, USD9.0 USD7.0 USD
Min deposit, USD100 USDgeo50.0 USD
Max leverage400geo500.0geo
Withdrawal, h24 business hours to 1 business daygroup24.0 h
EURUSD, standard0.9 pipsgeo1.0 pips
EURUSD, raw—0.0 pips
Established2006group2009.0
Platforms63.0
Yes

Licensed in South Africa

Locally regulated by FSCA; accepts SA clients. Confirm licensed entity at onboarding.

56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about AvaTrade.

Who actually onboards you
Local Ava Capital Markets Pty Ltd
Licence number
45984
Local licence
yes
Checked
2026-07-09

Score (6/6 axes)

3.77of 5

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.

Trader reviews25%2.5
Round-turn cost20%4.0
Licence and entity20%5.0
Withdrawal speed15%4.0
Track record10%5.0
Platforms and programs10%2.5

Check:25.0% × 2.50+ 20.0% × 4.00+ 20.0% × 5.00+ 15.0% × 4.00+ 10.0% × 5.00+ 10.0% × 2.50= 3.77

Ranked against brokers measured on every axis

Licence check

Licence number
45984
Checked
2026-07-09

Source

Who actually onboards you

Local Ava Capital Markets Pty Ltd

Locally licensed entity

Local Ava Capital Markets Pty Ltd (FSCA-licensed); many SA sign-ups onboarded via BVI entity.

What each account gives you

Retail, Islamic, AvaOptions; min USD/ZAR 100 equiv.

Cost per round turn, and the South Africa middle (81 of 104)

Round turn, USD
9.0 USD
Median
7.0 USD

standard

Client-money protections

Min ~USD 100 / ZAR equivalent.

What the broker publishes about payouts

Withdrawal, h
24 business hours to 1 business daygroup

Trading software and asset classes (6)

MT4 · MT5 · WebTrader · AvaTradeGO · AvaOptions · AvaSocial

FX, indices, shares, commodities, crypto CFDs, options.

Reviews

Reviews
4.0/5, 4.04 stars, 4.04 ⭐group

|AvaTrade|0.8|$0|50+|4.04 ⭐|

Where it wins, where it loses

Pros (3)

  • Licensed locally: 45984
  • Swap-free account available
  • Withdrawal published at 24 business hours to 1 business day

Cons (1)

  • Round turn 9.0 USD against a South Africa median of 7.0

Where it does not serve

New Zealand, Isle of Man

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%

Methodology

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.

  1. The broker's own documents
  2. 1avatrade.comavatrade.com · domainBroker
  3. Aggregators and directories
  4. 2forexbrokers.co.za/reviews/avatrade-reviewforexbrokers.co.za · pageAggregator
  5. 3fxscouts.co.zafxscouts.co.za · domainAggregator

FAQ (5)

Does AvaTrade accept residents of South Africa?

Yes.

Which entity onboards a South Africa client of AvaTrade?

Local Ava Capital Markets Pty Ltd

What licence does AvaTrade hold for South Africa?

Licence 45984.

What does one EURUSD lot cost at AvaTrade?

9.0 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 AvaTrade take?

AvaTrade publishes 24 business hours to 1 business day. Their own wording: “Your withdrawal will be processed within the next 24 business hours.”.