Recalculated 2026-11-02 · Established 2008 · Plus500AU Pty Ltd
Plus500 — South Africa
Plus500 is rated 3.25 out of 5 by our formula (Rank #34 of 70) for traders in South Africa: round turn 8 USD, residents accepted — Yes.
Suits you if you can open with 10 USD · it takes residents of South Africa · a swap-free account is available
Look elsewhere if the round turn is 8 USD against a 7 USD median here
Key facts (8)
- Who actually onboards you
- Plus500AU Pty Ltd
- Licence number
- 47546
- Established
- 2008group
- Min deposit, USD
- 10 USDgeo
- Platforms
- Plus500 WebTrader
- Local funding
- Debit/credit card (Visa/Mastercard), PayPal, Skr
- Max leverage
- 30geo
- EURUSD
- 0.8 pipsgeo
Accounts (1)
Plus500 publishes no cost per lot for any account offered in South Africa.
This broker against the South Africa middle (81 of 104)
| Plus500 | South Africa median | |
|---|---|---|
| Round turn, USD | 8.0 USD | 7.0 USD |
| Min deposit, USD | 10 USDgeo | 50.0 USD |
| Max leverage | 30geo | 500.0geo |
| Withdrawal, h | 1-3 business daysgeo | 24.0 h |
| EURUSD, standard | 0.8 pipsgeo | 1.0 pips |
| EURUSD, raw | — | 0.0 pips |
| Established | 2008group | 2009.0 |
| Platforms | 1 | 3.0 |
Licensed in South Africa
Served under genuine local FSCA regulation - a real domestic licence rather than a pure offshore arrangement.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Plus500.
- Who actually onboards you
- Plus500AU Pty Ltd
- Licence number
- 47546
- 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% × 3.00+ 20.0% × 4.25+ 20.0% × 4.50+ 15.0% × 2.00+ 10.0% × 4.50+ 10.0% × 0.00= 3.25
Ranked against brokers measured on every axis
Licence check
- Licence number
- 47546
- Checked
- 2026-07-09
Who actually onboards you
Plus500AU Pty Ltd
Locally licensed entity
South African clients are served by Plus500AU Pty Ltd (the same entity covering Australia and New Zealand), with a genuine local FSCA authorisation.
What each account gives you
Single Retail CFD account (Professional classification available); free unlimited demo.
Cost per round turn, and the South Africa middle (81 of 104)
standard
Client-money protections
Minimum deposit R750 via card/e-wallet/ApplePay (R3,000 via bank transfer); no broker-side deposit/withdrawal fees.
What the broker publishes about payouts
Trading software and asset classes (1)
Plus500 WebTrader
2,000+ CFDs across forex, indices, commodities, shares, ETFs, options and crypto.
Reviews
4.2 out of 5 stars, based on 18,737 customer reviews
Where it wins, where it loses
Pros (2)
- Licensed locally: 47546
- Swap-free account available
Cons (1)
- Round turn 8.0 USD against a South Africa median of 7.0
Where it does not serve
United States, Canada, Belgium, Iran, North Korea, Sudan, Syria
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
- 2plus500.com/en/TradingAcademy/FAQplus500.com · pageBroker
- Aggregators and directories
- 3sashares.co.za/plus500-reviewsashares.co.za · pageAggregator
- 4safeforexbrokers.co.za/reviews/plus500-reviewsafeforexbrokers.co.za · pageAggregator
FAQ (5)
Does Plus500 accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of Plus500?
Plus500AU Pty Ltd
What licence does Plus500 hold for South Africa?
Licence 47546.
What does one EURUSD lot cost at Plus500?
8.0 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 Plus500 take?
Plus500 publishes 1-3 business days. Their own wording: “Withdrawals are usually processed within 1 to 3 business days.”.