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Markets.com in South Africa — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%80
- Round-turn cost20%95
- Safety20%90
- Payouts15%0
- Track record10%90
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts
Licence check
Open an account with Markets.comThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards South Africa residents
- Pty Ltd
- Local standing
- Locally regulated by FSCA; FSCA(ZA) licence confirmed.
- Licence as the register states it
- FSCA FSP No. 46860 (South Africa); locally regulated.
- Leverage for this entity
- Up to 1:300 via the FSCA entity.
- The firm behind it
- Founded 2008 (GFC Markets), rebranded 2010; Finalto group (ex-TradeTech), owned by Gopher/Playtech lineage.
- What we hold against it
- Established, multi-regulated group; standard CFD risk disclosure (~76-81% retail accounts lose money).
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; FSCA(ZA) licence confirmed.
- 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: Standard/Retail account, single main tier plus demo. Professional available. 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 Markets.com sits in the South Africa base(103 brokers)
Round-turn cost, USD (80 of 103 priced)
Median 7 USD · range 1-20 · this broker 6 USD · 23 of 103 brokers do not publish it
Minimum deposit, USD (49 of 103 priced)
Median 50 USD · range 0-1000 · this broker 100 USD · 54 of 103 brokers do not publish it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 1:300 · 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 (6 methods · 0 local rails)
Cards, wire/local bank transfer, PayPal, Skrill, Neteller.
- Cards
- Wire
- Local bank transfer
- PayPal
- Skrill
- Neteller
- Account currency
- ZAR available, plus USD, EUR, GBP.
- Fee declared
- 6 of 6 methods
- Withdrawal back to
- the funding method
Where it does not serve(4 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(10 platforms)
- Marketsx
- WebTrader
- MT4
- MT5
- TradingView
| Class | Count |
|---|---|
| Marketsx | — |
| WebTrader | — |
| MT4 | — |
| MT5 | — |
| TradingView | — |
| Forex pairs | 54 |
| Shares | 248 |
| Indices | 24 |
| Commodities | 19 |
| Crypto | 116 |
Identical for every row: Leverage 300 ZA.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.6 | 684 |
Share of reviewers in South Africa: — The platform does not publish it.
Pros and cons(4 for and 3 against, each tied to a figure on this page)
- Round turn 6 USD on the standard basis, under the South Africa median 7
- Locally authorised, licence 46860, read on 09.07.2026
- Round-turn cost 95 of 100, its strongest of 6 scored axes
- 5 platforms: Marketsx, WebTrader, MT4, MT5
- Min deposit 100 USD, over the South Africa median 50
- Withdrawal in 168 h, over the South Africa median 24
- Payouts 0 of 100, its weakest of 6 scored axes
Alternatives in South Africa(6 of 103 scored in South Africa)
- Round turn, USD
- 8ZA
- Min deposit, USD
- 300ZA
- Leverage
- 200ZA
- Rank in this country
- #12
- Round turn, USD
- 6ZA
- Min deposit, USD
- 0 groupZA
- Leverage
- 2000ZA
- Rank in this country
- #3
- Round turn, USD
- 6ZA
- Min deposit, USD
- 20ZA
- Leverage
- 30 group
- Rank in this country
- #2
- Round turn, USD
- 6ZA
- Min deposit, USD
- 50 groupZA
- Leverage
- 500 group
- Rank in this country
- #4
- Round turn, USD
- 9ZA
- Min deposit, USD
- 100ZA
- Leverage
- 400ZA
- Rank in this country
- #9
- Round turn, USD
- 5ZA
- Min deposit, USD
- 10ZA
- Leverage
- 500ZA
- Rank in this country
- #17
"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 | Markets.com |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 80 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 95 |
| 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 | 0 |
| Track record | 10% | Years since the firm was founded, from its own filings | 90 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does Markets.com accept residents of South Africa?
- Yes. Locally regulated by FSCA; FSCA(ZA) licence confirmed. Onboarding entity: Pty Ltd
- Is Markets.com licensed to serve clients in South Africa?
- FSCA FSP No. 46860 (South Africa); locally regulated. Checked on 09.07.2026.
- How much does one round turn cost at Markets.com?
- About 6.0 USD per standard lot on EUR/USD. The median across brokers measured for South Africa is 7.0 USD.
- What leverage does Markets.com offer to retail clients in South Africa?
- Up to 1:300. Up to 1:300 via the FSCA entity.
- Which trading platforms does Markets.com support?
- Marketsx, WebTrader, MT4, MT5, TradingView. Instruments: FX, indices, commodities, shares, ETFs, crypto CFDs.
- How can I withdraw money from Markets.com in South Africa?
- Cards, wire/local bank transfer, PayPal, Skrill, Neteller.
- What account types does Markets.com offer?
- Standard/Retail account; single main tier plus demo. Professional available.
Taxes for a South African resident(1 rule)
- SARS taxes residents on worldwide income.https://markets.com
Not tax advice. Check with SARS.