Skip to content
Highveld Board SponsoredExness
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 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.

Broker · accountMin deposit, USDSpreadCommissionCost per lotSwap-free
EquitiClassic Account0—Anyper standard lot0round turn, USD—
EquitiStandard Account30—Anyper standard lot0round turn, USD—
EquitiPremier Account1000advertised7per standard lot7round turn, USD—

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

EquitiSouth Africa median
Round turn, USD8.0 USD7.0 USD
Min deposit, USD500 USDgeo50.0 USD
Max leverage500geo500.0geo
Withdrawal, h1 business daygroup24.0 h
EURUSD, standard1.4 pipsgroup1.0 pips
EURUSD, raw0.1 pipsgroup0.0 pips
Established2003group2009.0
Platforms33.0
Through an offshore entity

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)

2.3of 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%0.0
Round-turn cost20%4.2
Licence and entity20%0.5
Withdrawal speed15%4.0
Track record10%5.0
Platforms and programs10%2.5

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

Register

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)

Round turn, USD
8.0 USD
Median
7.0 USD

raw+commission

Client-money protections

Min ~$500 cited for SA (varies by account).

What the broker publishes about payouts

Withdrawal, h
1 business daygroup

Trading software and asset classes (3)

MT4 · MT5 · Equiti Trader app

FX, indices, commodities, shares, ETFs (CFDs).

Reviews

Reviews
3.0/5 based on around 290 reviewsgroup

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%

Methodology

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.

  1. Regulator registers
  2. 1fsca.co.zafsca.co.za · domainRegister
  3. The broker's own documents
  4. 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”.