Recalculated 2026-11-02 · Established 2013 · Khwezi Trade (Pty) Ltd, Cape Town
Khwezi Trade — South Africa
Khwezi Trade is rated 3.27 out of 5 by our formula (Rank #33 of 70) for traders in South Africa: round turn 4 USD, residents accepted — Yes.
Suits you if the round turn is 4 USD against a 7 USD median here · it takes residents of South Africa · it has been trading for 13 years
Key facts (8)
- Who actually onboards you
- Khwezi Trade (Pty) Ltd, Cape Town
- Licence number
- 44816
- Established
- 2013group
- Min deposit, USD
- 50 USDgroup
- Platforms
- MetaTrader 5 (MT5)
- Local funding
- EFT / bank transfer; client funds held in segreg
- Max leverage
- 400geo
- EURUSD
- 0.6 pipsgeo
Accounts (2)
Khwezi Trade publishes no cost per lot for any account offered in South Africa.
This broker against the South Africa middle (81 of 104)
| Khwezi Trade | South Africa median | |
|---|---|---|
| Round turn, USD | 4.0 USD | 7.0 USD |
| Min deposit, USD | 50 USDgroup | 50.0 USD |
| Max leverage | 400geo | 500.0geo |
| Withdrawal, h | 1-3 working daysgeo | 24.0 h |
| EURUSD, standard | 0.6 pipsgeo | 1.0 pips |
| EURUSD, raw | 0.4 pipsgroup | 0.0 pips |
| Established | 2013group | 2009.0 |
| Platforms | 1 | 3.0 |
Licensed in South Africa
FSCA-regulated domestic (forex/CFD broker)
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Khwezi Trade.
- Who actually onboards you
- Khwezi Trade (Pty) Ltd, Cape Town
- Licence number
- 44816
- Local licence
- yes
- Checked
- 2026-07-11
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% × 2.50+ 20.0% × 5.00+ 20.0% × 4.50+ 15.0% × 2.00+ 10.0% × 3.25+ 10.0% × 1.25= 3.27
Ranked against brokers measured on every axis
Licence check
- Licence number
- 44816
- Checked
- 2026-07-11
Who actually onboards you
Khwezi Trade (Pty) Ltd, Cape Town
Locally licensed entity
What each account gives you
Four live account types (basic account min deposit R500 ZAR); demo
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Minimum deposit R500 ZAR (basic account); withdrawals processed daily at 15:00
What the broker publishes about payouts
Trading software and asset classes (1)
MetaTrader 5 (MT5)
Multi-asset CFDs: currency pairs (forex), indices, commodities, metals, energies
Reviews
rated "Great" with 4 / 5 on Trustpilot
Where it wins, where it loses
Pros (2)
- Round turn 4.0 USD against a South Africa median of 7.0
- Licensed locally: 44816
Cons (0)
- —
Where it does not serve
no data
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.
- The broker's own documents
- 1khwezitrade.co.zakhwezitrade.co.za · domainBroker
- Aggregators and directories
- 2fxscouts.co.za/broker/khwezitradefxscouts.co.za · pageAggregator
- 3tradingbrokers.com/reviews/khwezi-trade-reviewtradingbrokers.com · pageAggregator
FAQ (5)
Does Khwezi Trade accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of Khwezi Trade?
Khwezi Trade (Pty) Ltd, Cape Town
What licence does Khwezi Trade hold for South Africa?
Licence 44816.
What does one EURUSD lot cost at Khwezi Trade?
4.0 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 Khwezi Trade take?
Khwezi Trade publishes 1-3 working days. Their own wording: “Funds are usually reflected in your bank account 1-3 working days from the time of the withdrawal.”.