Recalculated 2026-11-02 · Established 2003 · SA clients served via group offshore ent
Equiti — South Africa
Equiti is rated 2.30 out of 5 by our formula (Rank #62 of 70) for traders in South Africa: round turn 8 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 23 years
Look elsewhere if the round turn is 8 USD against a 7 USD median here · the minimum is 500 USD against 50 USD in this market · it holds no licence issued in South Africa
Key facts (8)
- Who actually onboards you
- SA clients served via group offshore entities (FCA UK / Seychelles FSA
- Licence number
- not stated
- Established
- 2003group
- Min deposit, USD
- 500 USDgeo
- Platforms
- MT4 · MT5 · Equiti Trader app
- Local funding
- Cards, bank transfer, e-wallets; local ZAR EFT n
- Max leverage
- 500geo
- EURUSD
- 1.4 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)
| Equiti | South Africa median | |
|---|---|---|
| Round turn, USD | 8.0 USD | 7.0 USD |
| Min deposit, USD | 500 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | 1 business daygroup | 24.0 h |
| EURUSD, standard | 1.4 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.1 pipsgroup | 0.0 pips |
| Established | 2003group | 2009.0 |
| Platforms | 3 | 3.0 |
Onboards residents through an offshore entity
Offshore-served; no confirmed FSCA FSP number found.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Equiti.
- Who actually onboards you
- SA clients served via group offshore entities (FCA UK / Seychelles FSA); direct FSCA autho
- 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% × 0.00+ 20.0% × 4.25+ 20.0% × 0.50+ 15.0% × 4.00+ 10.0% × 5.00+ 10.0% × 2.50= 2.3
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
SA clients served via group offshore entities (FCA UK / Seychelles FSA); direct FSCA authorisation not verified at revie
Offshore entity
What each account gives you
Classic (no min), Standard, Premier; min deposit cited ~$500 for SA.
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min ~$500 cited for SA (varies by account).
What the broker publishes about payouts
Trading software and asset classes (3)
MT4 · MT5 · Equiti Trader app
FX, indices, commodities, shares, ETFs (CFDs).
Reviews
Trustpilot rating of 3.0/5 based on around 290 reviews
Where it wins, where it loses
Pros (2)
- Swap-free account available
- Withdrawal published at 1 business day
Cons (2)
- Round turn 8.0 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
United States, Belgium, Canada, Japan, Israel, Iran, North Korea, Cuba, Syria, Sudan, Belarus, Russia
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 (2)
2 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1fsca.co.zafsca.co.za · domainRegister
- The broker's own documents
- 2equiti.comequiti.com · domainBroker
FAQ (5)
Does Equiti accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of Equiti?
SA clients served via group offshore entities (FCA UK / Seychelles FSA); direct FSCA authorisation not verified at review.
What licence does Equiti hold for South Africa?
No licence number is published for this country.
What does one EURUSD lot cost at Equiti?
8.0 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 Equiti take?
Equiti publishes 1 business day. Their own wording: “Requests received before 11:00 AM GMT or 15:00 PM GST on a business day may be processed within the same day”.