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Equiti in South Africa — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%0
- Round-turn cost20%85
- Safety20%10
- Payouts15%80
- Track record10%100
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- SA clients served via group offshore entities (FCA UK / Seychelles FSA); direct FSCA authorisation not verified at review.
- Founded
- 2003
- Retail leverage
- 500ZA
- Round turn
- 8 USDZA
- Currencies
- USD, EUR, GBP; ZAR base account not verified at review.
- Swap-free account
- yes
Licence check
Open an account with EquitiThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards South Africa residents
- SA clients served via group offshore entities (FCA UK / Seychelles FSA); direct FSCA authorisation not verified at review.
- Local standing
- Offshore-served; no confirmed FSCA FSP number found.
- Licence as the register states it
- FSCA local licence NOT confirmed for Equiti at review — commonly served under FCA UK / Seychelles FSA. State: local FSCA status not verified.
- Leverage for this entity
- Up to 1:500 FX/metals, 1:200 CFDs, 1:20 equities (offshore/MENA entity).
- The firm behind it
- Equiti Group, founded 2008, HQ Amman (Jordan) & Dubai; MENA/Africa focus; multi-entity: FCA UK (Equiti Capital, FRN 528328), JSC Jordan (local), CMA Kenya (local, EGM Securities), UAE SCA, Seychelles FSA, CySEC.
- What we hold against it
- FSCA authorisation not confirmed; SA users should verify FSP number before onboarding. No FSCA warning found.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards South African residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youOffshore-served; no confirmed FSCA FSP number found.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against South Africa market median(priced from 80 of 103)
Medians run over the 80 of 103 brokers that publish a price for South Africa, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Classic (no min), Standard, Premier, min deposit cited ~$500 for SA. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where Equiti sits in the South Africa base(103 brokers)
Round-turn cost, USD (80 of 103 priced)
Median 7 USD · range 1-20 · this broker 8 USD · 23 of 103 brokers do not publish it
Minimum deposit, USD (49 of 103 priced)
Median 50 USD · range 0-1000 · this broker 500 USD · 54 of 103 brokers do not publish it
Retail leverage (72 of 103 with a South Africa figure)
Median 1:500 · range 20-5000 · this broker 1:500 · 31 of 103 brokers do not publish it
Withdrawal time published (103 brokers)
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (3 methods · 0 local rails)
Cards, bank transfer, e-wallets;
- Cards
- Bank transfer
- E-wallets
- Account currency
- USD, EUR, GBP; ZAR base account not verified at review.
- Fee declared
- 3 of 3 methods
- Withdrawal back to
- the funding method
Where it does not serve(12 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(5 platforms)
- MT4
- MT5
- Equiti Trader app
| Class | Count | Min spread |
|---|---|---|
| MT4 | — | 1.4 |
| MT5 | — | 1.4 |
| Equiti Trader app | — | 1.4 |
| Forex pairs | 60 | — |
| Shares | 300 | — |
184 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: IC Markets Raw Spread MT4/MT5, IC Markets Raw Spread cTrader, Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard and 178 more.
Identical for every row: Leverage 500 ZA.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 3.0 | 290 |
Share of reviewers in South Africa: — The platform does not publish it.
Pros and cons(4 for and 5 against, each tied to a figure on this page)
- Withdrawal in 24 h, one of 86 of 103 brokers here that publish a time
- Swap-free account available
- Track record 100 of 100, its strongest of 6 scored axes
- 3 platforms: MT4, MT5, Equiti Trader app
- Round turn 8 USD on the raw + commission basis, over the South Africa median 7
- No South Africa authorisation on file: the entity that onboards you is licensed elsewhere
- Min deposit 500 USD, over the South Africa median 50
- The published 1:500 comes from the group's offshore entity, not from the South Africa one
- Reviews 0 of 100, its weakest of 6 scored axes
Alternatives in South Africa(6 of 103 scored in South Africa)
- Round turn, USD
- 7ZA
- Min deposit, USD
- 100 groupZA
- Leverage
- 50ZA
- Rank in this country
- #22
- Round turn, USD
- 7ZA
- Min deposit, USD
- 200ZA
- Leverage
- 400ZA
- Rank in this country
- #30
- Round turn, USD
- 6ZA
- Min deposit, USD
- 0ZA
- Leverage
- 500ZA
- Rank in this country
- #34
- Round turn, USD
- 7ZA
- Min deposit, USD
- 100 groupZA
- Leverage
- 500ZA
- Rank in this country
- #45
- Round turn, USD
- 10ZA
- Min deposit, USD
- 10 groupZA
- Leverage
- 2000 group
- Rank in this country
- #64
- Round turn, USD
- 1ZA
- Min deposit, USD
- 0ZA
- Leverage
- 500ZA
- Rank in this country
- #38
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a South Africa score. Full methodology
| Axis | Weight | What is measured | Equiti |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 0 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 85 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 10 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 80 |
| Track record | 10% | Years since the firm was founded, from its own filings | 100 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does Equiti accept residents of South Africa?
- No. Offshore-served; no confirmed FSCA FSP number found. Onboarding entity: SA clients served via group offshore entities (FCA UK / Seychelles FSA); direct FSCA authorisation not verified at review.
- Is Equiti licensed to serve clients in South Africa?
- FSCA local licence NOT confirmed for Equiti at review — commonly served under FCA UK / Seychelles FSA. State: local FSCA status not verified. Checked on 09.07.2026.
- How much does one round turn cost at Equiti?
- About 8.0 USD per standard lot on EUR/USD. The median across brokers measured for South Africa is 7.0 USD.
- What leverage does Equiti offer to retail clients in South Africa?
- Up to 1:500. Up to 1:500 FX/metals, 1:200 CFDs, 1:20 equities (offshore/MENA entity)
- Which trading platforms does Equiti support?
- MT4, MT5, Equiti Trader app. Instruments: FX, indices, commodities, shares, ETFs (CFDs).
- How can I withdraw money from Equiti in South Africa?
- Cards, bank transfer, e-wallets; local ZAR EFT not verified at review.
- What account types does Equiti offer?
- Classic (no min), Standard, Premier; min deposit cited ~$500 for SA.
- Does Equiti offer a swap-free (Islamic) account?
- Yes. Equiti offers a swap-free (Islamic) account to South Africa residents.
Taxes for a South African resident(1 rule)
- SARS taxes residents on worldwide income.https://equiti.com
Not tax advice. Check with SARS.