Recalculated 2026-11-02 · Established 2021 · Tradeco Ltd
T4Trade — South Africa
T4Trade is rated 2.02 out of 5 by our formula (Rank #66 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
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
- Tradeco Ltd
- Licence number
- not stated
- Established
- 2021group
- Min deposit, USD
- 50 USD
- Platforms
- MetaTrader 4 · MT5
- Local funding
- Cards, bank wire, Skrill, Neteller, crypto; SA-s
- Max leverage
- 1000geo
- EURUSD
- 1.8 pipsgroup
Accounts (4)
4 of 4 accounts with a published cost per lot
4 of 4 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 |
|---|---|---|---|---|---|
| — | 1.8advertised | Anyper standard lot | 18round turn, USD | — | |
| — | 1.6advertised | Anyper standard lot | 16round turn, USD | — | |
| — | 1.1advertised | Anyper standard lot | 11round turn, USD | — | |
| — | 1.6advertised | Anyper standard lot | 16round turn, USD | — |
This broker against the South Africa middle (81 of 104)
| T4Trade | South Africa median | |
|---|---|---|
| Round turn, USD | 18.0 USD | 7.0 USD |
| Min deposit, USD | 50 USD | 50.0 USD |
| Max leverage | 1000geo | 500.0geo |
| Withdrawal, h | 24 hoursgroup | 24.0 h |
| EURUSD, standard | 1.8 pipsgroup | 1.0 pips |
| EURUSD, raw | — | 0.0 pips |
| Established | 2021group | 2009.0 |
| Platforms | 2 | 3.0 |
Onboards residents through an offshore entity
Offshore, no FSCA authorisation verified. UK FCA warning (Feb 2023). No specific FSCA alert 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 T4Trade.
- Who actually onboards you
- Tradeco Ltd
- Licence number
- —
- 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% × 2.50+ 20.0% × 1.75+ 20.0% × 0.00+ 15.0% × 4.00+ 10.0% × 1.25+ 10.0% × 3.25= 2.02
Ranked against brokers measured on every axis
Licence check
- Licence number
- —
- Checked
- 2026-07-09
Who actually onboards you
Tradeco Ltd
Offshore entity
South African clients onboarded by offshore Tradeco Ltd (Seychelles); no local entity.
What each account gives you
Standard, Premium, Privilege, Cent; min deposit ~USD 50 (cent from a few USD).
Cost per round turn, and the South Africa middle (81 of 104)
standard
Client-money protections
Min deposit ~USD 50 (Neteller from USD 10).
What the broker publishes about payouts
Trading software and asset classes (2)
MetaTrader 4 · MT5
300+ across 6 asset classes: FX, metals, indices, shares, commodities, crypto.
Reviews
4,0 109 Bewertungen5 Sterne4 Sterne3 Sterne2 Sterne1 Stern
Where it wins, where it loses
Pros (2)
- Swap-free account available
- Withdrawal published at 24 hours
Cons (3)
- Round turn 18.0 USD against a South Africa median of 7.0
- No local licence: the client is onboarded by a foreign entity
- Carries a regulator warning; excluded from beginner and most-established lists
Where it does not serve
United States, Iran, Cuba, Sudan, Syria, North Korea
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
- 2t4trade.comt4trade.com · domainBroker
- Aggregators and directories
- 3fca.org.uk/news/warnings/t4tradefca.org.uk · pageAggregator
- 4fxempire.com/brokers/t4tradefxempire.com · pageAggregator
FAQ (5)
Does T4Trade accept residents of South Africa?
Through an offshore entity.
Which entity onboards a South Africa client of T4Trade?
Tradeco Ltd
What licence does T4Trade hold for South Africa?
No licence number is published for this country.
What does one EURUSD lot cost at T4Trade?
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 T4Trade take?
T4Trade publishes 24 hours. Their own wording: “Allow up to 24 hours for withdrawals to be approved”.