Recalculated 2026-11-02 · Established 1999 · Served locally by Stratos South Africa (
FXCM — South Africa
FXCM is rated 3.76 out of 5 by our formula (Rank #12 of 70) for traders in South Africa: round turn 7 USD, residents accepted — Yes.
Suits you if you can open with 4 USD · it takes residents of South Africa · a swap-free account is available
Key facts (8)
- Who actually onboards you
- Served locally by Stratos South Africa (Pty) Ltd (FXCM South Africa).
- Licence number
- 46534
- Established
- 1999group
- Min deposit, USD
- 4 USDgeo
- Platforms
- MT4 · Trading Station · TradingView
- Local funding
- Local EFT via major SA banks, cards.
- Max leverage
- 400geo
- EURUSD
- 0.8 pipsgeo
Accounts (1)
1 of 1 accounts with a published cost per lot
1 of 1 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| FXCMStandard | — | 1.3advertised | Anyper standard lot | 13round turn, USD | — |
This broker against the South Africa middle (81 of 104)
| FXCM | South Africa median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 7.0 USD |
| Min deposit, USD | 4 USDgeo | 50.0 USD |
| Max leverage | 400geo | 500.0geo |
| Withdrawal, h | 1 to 3 business daysgroup | 24.0 h |
| EURUSD, standard | 0.8 pipsgeo | 1.0 pips |
| EURUSD, raw | 0.2 pipsgroup | 0.0 pips |
| Established | 1999group | 2009.0 |
| Platforms | 3 | 3.0 |
Licensed in South Africa
Locally regulated by FSCA; negative balance protection offered. No FSCA warning verified at review.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about FXCM.
- Who actually onboards you
- Served locally by Stratos South Africa (Pty) Ltd (FXCM South Africa).
- Licence number
- 46534
- Local licence
- yes
- 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% × 3.75+ 20.0% × 4.50+ 20.0% × 5.00+ 15.0% × 2.00+ 10.0% × 5.00+ 10.0% × 1.25= 3.76
Ranked against brokers measured on every axis
Licence check
- Licence number
- 46534
- Checked
- 2026-07-09
Who actually onboards you
Served locally by Stratos South Africa (Pty) Ltd (FXCM South Africa).
Locally licensed entity
What each account gives you
Standard account; min ZAR 70 (~USD 4).
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min ZAR 70 (~USD 4).
What the broker publishes about payouts
Trading software and asset classes (3)
MT4 · Trading Station · TradingView
FX, indices, commodities, crypto CFDs, shares.
Reviews
4.5 out of 5
Where it wins, where it loses
Pros (2)
- Licensed locally: 46534
- Swap-free account available
Cons (1)
- Round turn 7.0 USD against a South Africa median of 7.0
Where it does not serve
United States, Canada, the European Union, Hong Kong, Australia, Israel, Japan, India
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.
- Aggregators and directories
- 1fxscouts.co.za/broker/fxcmfxscouts.co.za · pageAggregator
- 2sashares.co.za/fxcm-reviewsashares.co.za · pageAggregator
- 3forexbrokers.com/guides/south-africaforexbrokers.com · pageAggregator
FAQ (5)
Does FXCM accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of FXCM?
Served locally by Stratos South Africa (Pty) Ltd (FXCM South Africa).
What licence does FXCM hold for South Africa?
Licence 46534.
What does one EURUSD lot cost at FXCM?
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 FXCM take?
FXCM publishes 1 to 3 business days. Their own wording: “Debit and credit card withdrawals are processed back to the original funding source free of broker charges and normally settle in 1 to 3 business days.”.