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Highveld Board SponsoredExness
104 brokers measured81 pricedmedian 7.0 USDformula v1.0Data captured 02.11.2026Some links are partner links. They never change a score or a position.
Compiled and checked by the Highveld Board editorial deskScore recalculated 02.11.2026How we counted this

Recalculated 2026-11-02 · Established 1938 · of Momentum Group Ltd

Momentum Securities — South Africa

Momentum Securities is rated no data out of 5 by our formula (score withheld) for traders in South Africa: round turn not priced, residents accepted — Yes.

How we score

Suits you if it takes residents of South Africa · it has been trading for 88 years · it holds a local licence

Key facts (8)

Who actually onboards you
of Momentum Group Ltd
Licence number
not stated
Established
1938group
Min deposit, USD
—
Platforms
Momentum Securities online trading portal (trade.momentumsecurities.co.za)
Local funding
EFT / bank transfer; debit order
Max leverage
—
EURUSD
—

Accounts (2)

Momentum Securities publishes no cost per lot for any account offered in South Africa.

See the 81 brokers here that publish one

This broker against the South Africa middle (81 of 104)

Momentum SecuritiesSouth Africa median
Round turn, USD—7.0 USD
Min deposit, USD—50.0 USD
Max leverage—500.0geo
Withdrawal, h—24.0 h
EURUSD, standard—1.0 pips
EURUSD, raw—0.0 pips
Established1938group2009.0
Platforms13.0
Yes

Licensed in South Africa

FSCA-regulated domestic (FSP 29547); JSE member

56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Momentum Securities.

Who actually onboards you
of Momentum Group Ltd
Licence number
—
Local licence
yes
Checked
2026-07-11

Score (3/6 axes)

—of 5

Not scored: Shown, not ranked: no review-platform rating

Licence and entity20% → 50.0%5.0
Track record10% → 25.0%5.0
Platforms and programs10% → 25.0%0.0
Trader reviews25%no data
Round-turn cost20%no data
Withdrawal speed15%no data

Shown, not ranked: no review-platform rating

Licence check

Licence number
—
Checked
2026-07-11

Source

Who actually onboards you

of Momentum Group Ltd

Locally licensed entity

Momentum Securities (Pty) Ltd, part of Momentum Group Ltd (JSE-listed)

What each account gives you

ZAR stockbroking accounts, Tax-Free Savings Account (TFSA), local portfolios, offshore/USD portfolios, managed/advisory

Cost per round turn, and the South Africa middle (81 of 104)

Round turn, USD
—
Median
7.0 USD

Client-money protections

Bank transfer/EFT into securities/portfolio account

What the broker publishes about payouts

Withdrawal, h
—

Trading software and asset classes (1)

Momentum Securities online trading portal (trade.momentumsecurities.co.za)

JSE-listed equities, ETFs, derivatives, offshore/international shares, bonds; tailored portfolios

Reviews

Reviews
—

Where it wins, where it loses

Pros (1)

  • Licensed locally: register entry

Cons (3)

  • Withdrawal time not published
  • No public review-platform rating, so the review axis is absent
  • Minimum deposit for this country not published

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%

Methodology

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.

  1. The broker's own documents
  2. 1momentumsecurities.co.zamomentumsecurities.co.za · domainBroker
  3. 2momentumsecurities.co.za/solutionsmomentumsecurities.co.za · pageBroker
  4. 3trade.momentumsecurities.co.zatrade.momentumsecurities.co.za · domainBroker

FAQ (3)

Does Momentum Securities accept residents of South Africa?

Yes.

Which entity onboards a South Africa client of Momentum Securities?

of Momentum Group Ltd

What licence does Momentum Securities hold for South Africa?

No licence number is published for this country.