Visit FxPro
Finvasia in South Africa — review, licence and costs
Score (4 of 6 axes scored)
shown, not ranked: no reviews
- Round-turn cost20%100
- Safety20%90
- Track record10%95
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- South Africa served via Fxview — Finvasia Capital South Africa (Pty) Ltd, an FSCA-authorised FSP (local licence).
- Founded
- 2007
- Retail leverage
- 1000 group
- Round turn
- 4 USDZA
- Currencies
- ZAR supported (among USD/EUR/GBP and many others).
- Swap-free account
- yes
"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.
Licence check
Open an account with FinvasiaThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards South Africa residents
- South Africa served via Fxview — Finvasia Capital South Africa (Pty) Ltd, an FSCA-authorised FSP (local licence).
- Local standing
- Locally regulated by FSCA (not merely offshore).
- Licence as the register states it
- Finvasia Capital South Africa (Pty) Ltd — FSCA FSP Licence No. 50410 (local South African regulation). Group also CySEC (Charlgate Ltd, 367/18) and Mauritius FSC.
- Leverage for this entity
- Up to 1:1000 for global clients (up to 1:500 typical non-EU); FSCA does not cap retail leverage.
- The firm behind it
- Finvasia group, Chandigarh, India; owns Fxview, Shoonya, ZuluTrade; MT4/MT5.
- What we hold against it
- FSCA-licensed = stronger local trust. Group-level: CySEC settled a EUR 50,000 compliance matter with Charlgate Ltd (Fxview EU operator).
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 youLocally regulated by FSCA (not merely offshore).
- 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: Fxview Zero Commission, Raw ECN, Premium ECN, Islamic. Negative balance protection all accounts. 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 Finvasia sits in the South Africa base(103 brokers)
Round-turn cost, USD (80 of 103 priced)
Median 7 USD · range 1-20 · this broker 4 USD · 23 of 103 brokers do not publish it
Minimum deposit, USD (49 of 103 priced)
Median 50 USD · range 0-1000 · this broker 50 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 1:1000 · 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 (5 methods · 0 local rails)
Cards (Visa/Mastercard), bank wire, Skrill, Neteller, crypto (USDT/USDC/BTC).
- Cards
- Bank wire
- Skrill
- Neteller
- Crypto
- Account currency
- ZAR supported (among USD/EUR/GBP and many others).
- Fee declared
- 5 of 5 methods
- Withdrawal back to
- the funding method
Where it does not serve(14 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(4 platforms)
- MT4
- MT5
- ZuluTrade
| Class | Count |
|---|---|
| MT4 | — |
| MT5 | — |
| ZuluTrade | — |
| Forex pairs | 70+ |
Identical for every row: Leverage 1000 ZA.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 3.4 | 5, 3 |
Share of reviewers in South Africa: — The platform does not publish it.
Pros and cons(5 for and 4 against, each tied to a figure on this page)
- Round turn 4 USD on the raw + commission basis, under the South Africa median 7
- Locally authorised, licence 50410, read on 09.07.2026
- Swap-free account available
- Round-turn cost 100 of 100, its strongest of 4 scored axes
- 3 platforms: MT4, MT5, ZuluTrade
- A regulator warning is on file against this broker
- Withdrawal time not published
- Platforms 50 of 100, its weakest of 4 scored axes
- Not scored on reviews, payouts: the broker publishes no figure we could read
Alternatives in South Africa(6 of 103 scored in South Africa)
- Round turn, USD
- 4ZA
- Min deposit, USD
- 50ZA
- Leverage
- 1000ZA
- Rank in this country
- #13
- Round turn, USD
- 3ZA
- Min deposit, USD
- 10 groupZA
- Leverage
- 3000ZA
- Rank in this country
- #15
- Round turn, USD
- 6ZA
- Min deposit, USD
- 50 groupZA
- Leverage
- 500 group
- Rank in this country
- #4
- Round turn, USD
- 7ZA
- Min deposit, USD
- 50ZA
- Leverage
- 500ZA
- Rank in this country
- #8
- Round turn, USD
- 6ZA
- Min deposit, USD
- 100ZA
- Leverage
- 300ZA
- Rank in this country
- #20
- Round turn, USD
- 6ZA
- Min deposit, USD
- 0ZA
- Leverage
- 500ZA
- Rank in this country
- #34
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 | Finvasia |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | — |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 100 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 90 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | — |
| Track record | 10% | Years since the firm was founded, from its own filings | 95 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does Finvasia accept residents of South Africa?
- Yes. Locally regulated by FSCA (not merely offshore). Onboarding entity: South Africa served via Fxview — Finvasia Capital South Africa (Pty) Ltd, an FSCA-authorised FSP (local licence).
- Is Finvasia licensed to serve clients in South Africa?
- Finvasia Capital South Africa (Pty) Ltd — FSCA FSP Licence No. 50410 (local South African regulation). Group also CySEC (Charlgate Ltd, 367/18) and Mauritius FSC. Checked on 09.07.2026.
- How much does one round turn cost at Finvasia?
- About 4.0 USD per standard lot on EUR/USD. The median across brokers measured for South Africa is 7.0 USD.
- What leverage does Finvasia offer to retail clients in South Africa?
- Up to 1:1000. Up to 1:1000 for global clients (up to 1:500 typical non-EU); FSCA does not cap retail leverage.
- Which trading platforms does Finvasia support?
- MT4, MT5, ZuluTrade. Instruments: FX, indices, shares, commodities, crypto CFDs.
- How can I withdraw money from Finvasia in South Africa?
- Cards (Visa/Mastercard), bank wire, Skrill, Neteller, crypto (USDT/USDC/BTC).
- What account types does Finvasia offer?
- Fxview Zero Commission, Raw ECN, Premium ECN, Islamic. Negative balance protection all accounts.
- Does Finvasia offer a swap-free (Islamic) account?
- Yes. Finvasia 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://fxview.com/global/group-licenses-and-registrations
Not tax advice. Check with SARS.