Recalculated 2026-11-02 · Established 2005 · South African residents are onboarded un
LiteFinance — South Africa
LiteFinance is rated 2.77 out of 5 by our formula (Rank #53 of 70) for traders in South Africa: round turn 18 USD, residents accepted — Through an offshore entity.
Suits you if a swap-free account is available · it runs 4 trading platforms · it has been trading for 21 years
Look elsewhere if the round turn is 18 USD against a 7 USD median here · it holds no licence issued in South Africa · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- South African residents are onboarded under offshore LiteFinance Globa
- Licence number
- 931
- Established
- 2005group
- Min deposit, USD
- 50 USDgeo
- Platforms
- MT4 · MT5 · cTrader · proprietary web/mobile terminal
- Local funding
- Cards, e-wallets (Skrill, Neteller, Perfect Mone
- Max leverage
- 1000geo
- EURUSD
- from 1.8 points 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 · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| LiteFinanceECN | 50 | 0advertised | 0.5per standard lot | 0.5round turn, USD | Swap-free |
| LiteFinanceCLASSIC | 50 | 1.8advertised | Anyper standard lot | 18round turn, USD | Swap-free |
| LiteFinanceCENT | 10 | 3advertised | Anyper standard lot | 30round turn, USD | Swap-free |
This broker against the South Africa middle (81 of 104)
| LiteFinance | South Africa median | |
|---|---|---|
| Round turn, USD | 18.0 USD | 7.0 USD |
| Min deposit, USD | 50 USDgeo | 50.0 USD |
| Max leverage | 1000geo | 500.0geo |
| Withdrawal, h | up to 24 hoursgroup | 24.0 h |
| EURUSD, standard | from 1.8 points pipsgroup | 1.0 pips |
| EURUSD, raw | raw market spreads pipsgroup | 0.0 pips |
| Established | 2005group | 2009.0 |
| Platforms | 4 | 3.0 |
Onboards residents through an offshore entity
Offshore/unregulated locally; not FSCA-authorised and no local investor protection. No FSCA warning naming LiteFinance 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 LiteFinance.
- Who actually onboards you
- South African residents are onboarded under offshore LiteFinance Global LLC (St Vincent) /
- Licence number
- 931
- Local licence
- no
- 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% × 3.50+ 20.0% × 1.75+ 20.0% × 0.50+ 15.0% × 4.00+ 10.0% × 5.00+ 10.0% × 3.50= 2.77
Ranked against brokers measured on every axis
Licence check
- Licence number
- 931
- Checked
- 2026-07-09
Who actually onboards you
South African residents are onboarded under offshore LiteFinance Global LLC (St Vincent) / LiteFinance Investment Limite
Offshore entity
What each account gives you
Cent, Classic (min USD 50, no commission) and ECN (min USD 50, commission-based); MT4/MT5.
Cost per round turn, and the South Africa middle (81 of 104)
standard
Client-money protections
Min deposit USD 50; local-currency funding not verified at review.
What the broker publishes about payouts
Trading software and asset classes (4)
MT4 · MT5 · cTrader · proprietary web/mobile terminal
Forex pairs, metals, oil, stock indices, share CFDs and crypto CFDs.
Reviews
Trustpilot 4.4 out of 5.0 based on 275 ratings
Where it wins, where it loses
Pros (2)
- Swap-free account available
- Withdrawal published at up to 24 hours
Cons (2)
- Round turn 18.0 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, European Economic Area, Israel, Russia, Japan
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 (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.
- Regulator registers
- 1fsca.co.zafsca.co.za · domainRegister
- The broker's own documents
- 2litefinance.org/company/documentslitefinance.org · pageBroker
FAQ (5)
Does LiteFinance accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of LiteFinance?
South African residents are onboarded under offshore LiteFinance Global LLC (St Vincent) / LiteFinance Investment Limited (Mauritius FSC).
What licence does LiteFinance hold for South Africa?
Licence 931.
What does one EURUSD lot cost at LiteFinance?
18.0 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 LiteFinance take?
LiteFinance publishes up to 24 hours. Their own wording: “lightning-fast automatic withdrawals, up to 5000 USD per day”.