Recalculated 2026-11-02 · Established 2019 · South African clients are onboarded unde
FXGT — South Africa
FXGT is rated 3.94 out of 5 by our formula (Rank #6 of 70) for traders in South Africa: round turn 6 USD, residents accepted — Yes.
Suits you if the round turn is 6 USD against a 7 USD median here · you can open with 10 USD · it takes residents of South Africa
Key facts (8)
- Who actually onboards you
- South African clients are onboarded under the local entity GT IO Marke
- Licence number
- 48896
- Established
- 2019group
- Min deposit, USD
- 10 USDgeo
- Platforms
- MT4 · MT5 · FXGT WebTrader
- Local funding
- Cards, local bank/EFT, e-wallets (Neteller/Skril
- Max leverage
- 5000geo
- EURUSD
- 0.8 pipsgeo
Accounts (5)
5 of 5 accounts with a published cost per lot
5 of 5 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 |
|---|---|---|---|---|---|
| FXGTOptimus | 10 | 0.8advertised | Anyper standard lot | 8round turn, USD | — |
| FXGTPRO | 50 | 0.5advertised | Anyper standard lot | 5round turn, USD | — |
| FXGTECN Zero | 100 | 0advertised | 6per standard lot | 6round turn, USD | — |
| FXGTStandard+ | 10 | 1advertised | Anyper standard lot | 10round turn, USD | — |
| FXGTMini | 5 | 1advertised | Anyper standard lot | 10round turn, USD | — |
This broker against the South Africa middle (81 of 104)
| FXGT | South Africa median | |
|---|---|---|
| Round turn, USD | 6.0 USD | 7.0 USD |
| Min deposit, USD | 10 USDgeo | 50.0 USD |
| Max leverage | 5000geo | 500.0geo |
| Withdrawal, h | within 24 hoursgroup | 24.0 h |
| EURUSD, standard | 0.8 pipsgeo | 1.0 pips |
| EURUSD, raw | 0.0 pipsgeo | 0.0 pips |
| Established | 2019group | 2009.0 |
| Platforms | 3 | 3.0 |
Licensed in South Africa
Locally regulated: FSCA-authorised FSP, giving conduct oversight (though no statutory compensation fund); higher-leverage products still run via the offshore entity.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about FXGT.
- Who actually onboards you
- South African clients are onboarded under the local entity GT IO Markets (Pty) Ltd, with t
- Licence number
- 48896
- 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% × 3.25+ 20.0% × 4.75+ 20.0% × 5.00+ 15.0% × 4.00+ 10.0% × 1.75+ 10.0% × 4.00= 3.94
Ranked against brokers measured on every axis
Licence check
- Licence number
- 48896
- Checked
- 2026-07-09
Who actually onboards you
South African clients are onboarded under the local entity GT IO Markets (Pty) Ltd, with the Seychelles entity used for
Locally licensed entity
What each account gives you
Mini, Standard+, Micro/Cent, Pro, ECN Zero and Optimus; commission-free except ECN Zero; min deposit from ~USD 10 / ZAR
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min deposit ~USD 10 / ZAR 150 (up to ZAR 900 by method); no broker-side deposit fees.
What the broker publishes about payouts
Trading software and asset classes (3)
MT4 · MT5 · FXGT WebTrader
50+ FX pairs, 30+ crypto CFDs, synthetic crypto pairs, 50+ US share CFDs, 10+ indices, metals and energy CFDs.
Reviews
4.3 ... 319 reviews in the last 12 months
Where it wins, where it loses
Pros (4)
- Round turn 6.0 USD against a South Africa median of 7.0
- Licensed locally: 48896
- Swap-free account available
- Withdrawal published at within 24 hours
Cons (0)
- —
Where it does not serve
United States, Canada, European Union member states, Iran, North Korea, Belize, Ukraine, United Kingdom
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 (4)
4 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
- 2fxgt.comfxgt.com · domainBroker
- Aggregators and directories
- 3sashares.co.za/fxgt-reviewsashares.co.za · pageAggregator
- 4compareforexbrokers.co.zacompareforexbrokers.co.za · domainAggregator
FAQ (5)
Does FXGT accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of FXGT?
South African clients are onboarded under the local entity GT IO Markets (Pty) Ltd, with the Seychelles entity used for global products.
What licence does FXGT hold for South Africa?
Licence 48896.
What does one EURUSD lot cost at FXGT?
6.0 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 FXGT take?
FXGT publishes within 24 hours. Their own wording: “the broker's finance department typically processes withdrawal requests within 24 hours”.