Recalculated 2026-11-02 · Established 2010 · Pty Ltd
ThinkMarkets — South Africa
ThinkMarkets is rated 3.80 out of 5 by our formula (Rank #9 of 70) for traders in South Africa: round turn 7 USD, residents accepted — Yes.
Suits you if withdrawals clear in about 4 hours · it takes residents of South Africa · a swap-free account is available
Key facts (8)
- Who actually onboards you
- Pty Ltd
- Licence number
- 49835
- Established
- 2010group
- Min deposit, USD
- 50 USDgeo
- Platforms
- MT4 · MT5 · ThinkTrader · TradingView
- Local funding
- Local SA bank transfer/EFT supported, plus Visa/
- Max leverage
- 500geo
- EURUSD
- 0.4 pipsgroup
Accounts (2)
1 of 2 accounts with a published cost per lot
1 of 1 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 |
|---|---|---|---|---|---|
| ThinkMarketsThinkZero | 500 | 0advertised | 7per standard lot | 7round turn, USD | — |
No published cost per lot:
| |||||
This broker against the South Africa middle (81 of 104)
| ThinkMarkets | South Africa median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 7.0 USD |
| Min deposit, USD | 50 USDgeo | 50.0 USD |
| Max leverage | 500geo | 500.0geo |
| Withdrawal, h | 4.0 hgroup | 24.0 h |
| EURUSD, standard | 0.4 pipsgroup | 1.0 pips |
| EURUSD, raw | 0.0 pipsgeo | 0.0 pips |
| Established | 2010group | 2009.0 |
| Platforms | 4 | 3.0 |
Licensed in South Africa
Locally regulated by the FSCA (FSP 49835), with segregated client funds in top-tier SA banks; a positive vs offshore-only rivals.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about ThinkMarkets.
- Who actually onboards you
- Pty Ltd
- Licence number
- 49835
- 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% × 2.50+ 20.0% × 4.50+ 20.0% × 4.50+ 15.0% × 4.83+ 10.0% × 4.00+ 10.0% × 2.50= 3.8
Ranked against brokers measured on every axis
Licence check
- Licence number
- 49835
- Checked
- 2026-07-09
Who actually onboards you
Pty Ltd
Locally licensed entity
South African clients are served by the LOCAL entity TF Global Markets (South Africa) Pty Ltd, authorised by the FSCA - a genuine local licence.
What each account gives you
Standard (min from ~USD 50 / low), ThinkZero (raw + commission), ThinkTrader account; ZAR accounts supported.
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Low/zero minimum deposit via local SA bank transfer; withdrawals free (return-to-source policy).
What the broker publishes about payouts
Trading software and asset classes (4)
MT4 · MT5 · ThinkTrader · TradingView
40+ forex pairs, 17 index CFDs, metals/energies, 1,500+ share CFDs, 20+ crypto CFDs.
Reviews
4.0 out of 5
Where it wins, where it loses
Pros (3)
- Licensed locally: 49835
- Swap-free account available
- Withdrawal published at 4.0 hours
Cons (1)
- Round turn 7.0 USD against a South Africa median of 7.0
Where it does not serve
United States, Canada, Bermuda, European Union, Australia, United Kingdom, Russia, India, Saint Lucia, France, Belgium, 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 (3)
3 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
- 2thinkmarkets.comthinkmarkets.com · domainBroker
- Aggregators and directories
- 3sashares.co.zasashares.co.za · domainAggregator
FAQ (5)
Does ThinkMarkets accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of ThinkMarkets?
Pty Ltd
What licence does ThinkMarkets hold for South Africa?
Licence 49835.
What does one EURUSD lot cost at ThinkMarkets?
7.0 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 ThinkMarkets take?
ThinkMarkets publishes 4.0 hours. Their own wording: “Withdrawals are processed 24/5, typically within 4 hours.”.