Recalculated 2026-11-02 · Established 1998 · of JSE-listed Purple Group Ltd
GT247.com — South Africa
GT247.com is rated no data out of 5 by our formula (score withheld) for traders in South Africa: round turn not priced, residents accepted — Yes.
Suits you if you can open with 0 USD · it takes residents of South Africa · it has been trading for 28 years
Key facts (8)
- Who actually onboards you
- of JSE-listed Purple Group Ltd
- Licence number
- not stated
- Established
- 1998group
- Min deposit, USD
- 0 USDgeo
- Platforms
- GT247.com proprietary web/app trading platform
- Local funding
- EFT / bank transfer, credit card (2.3% admin fee
- Max leverage
- 25geo
- EURUSD
- —
Accounts (2)
GT247.com publishes no cost per lot for any account offered in South Africa.
This broker against the South Africa middle (81 of 104)
| GT247.com | South Africa median | |
|---|---|---|
| Round turn, USD | — | 7.0 USD |
| Min deposit, USD | 0 USDgeo | 50.0 USD |
| Max leverage | 25geo | 500.0geo |
| Withdrawal, h | Daily batches at 14:00geo | 24.0 h |
| EURUSD, standard | — | 1.0 pips |
| EURUSD, raw | — | 0.0 pips |
| Established | 1998group | 2009.0 |
| Platforms | 1 | 3.0 |
Licensed in South Africa
FSCA-regulated domestic (leveraged CFD/forex provider)
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about GT247.com.
- Who actually onboards you
- of JSE-listed Purple Group Ltd
- Licence number
- —
- Local licence
- yes
- Checked
- 2026-07-11
Score (3/6 axes)
Not scored: Shown, not ranked: no review-platform rating
Shown, not ranked: no review-platform rating
Licence check
- Licence number
- —
- Checked
- 2026-07-11
Who actually onboards you
of JSE-listed Purple Group Ltd
Locally licensed entity
EasyTrader (Pty) Ltd t/a GT247.com, part of JSE-listed Purple Group Ltd (juristic representative of Purple Group)
What each account gives you
ZAR CFD account, USD CFD account (no minimum first deposit); demo
Cost per round turn, and the South Africa middle (81 of 104)
Client-money protections
No minimum first deposit for ZAR and USD accounts
What the broker publishes about payouts
Trading software and asset classes (1)
GT247.com proprietary web/app trading platform
CFDs: JSE equity (single-stock) CFDs, forex, indices, commodities, cryptocurrencies
Reviews
Trustpilot rating of 2.9/5 based on 3 reviews
Where it wins, where it loses
Pros (1)
- Licensed locally: register entry
Cons (0)
- —
Where it does not serve
United States, United Kingdom, Canada, European Union member states
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 2026-07-11. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Aggregators and directories
- 1gt247.easyequities.co.za/our-profilegt247.easyequities.co.za · pageAggregator
- 2sashares.co.za/gt247-reviewsashares.co.za · pageAggregator
- 3tradingbrokers.com/gt247-reviewtradingbrokers.com · pageAggregator
FAQ (4)
Does GT247.com accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of GT247.com?
of JSE-listed Purple Group Ltd
What licence does GT247.com hold for South Africa?
No licence number is published for this country.
How long does a withdrawal from GT247.com take?
GT247.com publishes Daily batches at 14:00; next-business-day payment if submitted after 14:00. Their own wording: “Withdrawals batches are run daily at 14h00.”.