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Anchor Capital in South Africa — review, licence and costs
Score (2 of 6 axes scored)
shown, not ranked: only 30% of the weight has data, need 55%
- Safety20%90
- Track record10%100
Numbered by weight: axis 1 counts for most.
Key facts
Licence check
Open an account with Anchor CapitalThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards South Africa residents
- of JSE-listed Anchor Group Ltd
- Local standing
- FSCA-regulated domestic (wealth/asset management + niche stockbroking)
- Licence as the register states it
- FSCA authorised FSP No. 39834 (Anchor Capital); Anchor Stockbrokers is a JSE member firm
- Leverage for this entity
- No retail forex; equities mostly unleveraged (advised/managed equity brokerage). Not a leveraged-CFD forex provider.
- The firm behind it
- Anchor Capital, founded 2009, Sandton-based wealth/asset manager, subsidiary of JSE-listed Anchor Group Ltd; provides investment management, stockbroking (Anchor Stockbrokers) and fund products
- What we hold against it
- not verified at review
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.
No retail forex; equities mostly unleveraged (advised/managed equity brokerage). Not a leveraged-CFD forex provider.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youFSCA-regulated domestic (wealth/asset management + niche stockbroking)
- 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.
Accounts
Account types the broker names for this country: Managed/advisory investment portfolios, stockbroking (equity brokerage) accounts, unit trusts/hedge funds, retail TFSA/RA availability not verified at review. 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 Anchor Capital sits in the South Africa base(103 brokers)
Round-turn cost, USD (80 of 103 priced)
Median 7 USD · range 1-20 · 23 of 103 brokers do not publish it
Minimum deposit, USD (49 of 103 priced)
Median 50 USD · range 0-1000 · 54 of 103 brokers do not publish it
Retail leverage (72 of 103 with a South Africa figure)
Median 1:500 · range 20-5000 · 31 of 103 brokers do not publish it
Withdrawal time published (103 brokers)
Payouts(2 methods)
| Method | Deposit, h | Fee, USD | Min, USD |
|---|---|---|---|
| EFT | 24 | 0 | 50 |
| Bank transfer | 24 | 0 | 50 |
Deposit and withdrawal methods (2 methods · 1 local)
EFT / bank transfer, debit order;
- EFTlocal
- Bank transfer
- Account currency
- ZAR
- Fee declared
- 2 of 2 methods
- Withdrawal back to
- the funding method
Where it does not serve(1 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets
Pros and cons(2 for and 5 against, each tied to a figure on this page)
- Locally authorised, licence 39834, read on 11.07.2026
- Track record 100 of 100, its strongest of 2 scored axes
- Round-turn cost not priced: the pair of spread and commission is not published
- A regulator warning is on file against this broker
- Withdrawal time not published
- Safety 90 of 100, its weakest of 2 scored axes
- Not scored on reviews, round-turn cost, payouts, platforms: the broker publishes no figure we could read
Alternatives in South Africa(6 of 103 scored in South Africa)
- Round turn, USD
- 8.5ZA
- Min deposit, USD
- 20ZA
- Leverage
- 200ZA
- Rank in this country
- #7
- Round turn, USD
- 13.6ZA
- Min deposit, USD
- 50ZA
- Leverage
- 20ZA
- Rank in this country
- #19
- Round turn, USD
- 6ZA
- Min deposit, USD
- 100ZA
- Leverage
- 300ZA
- Rank in this country
- #20
- Round turn, USD
- 4ZA
- Min deposit, USD
- 50 groupZA
- Leverage
- 400ZA
- Rank in this country
- #32
- Round turn, USD
- 9ZA
- Min deposit, USD
- 100ZA
- Leverage
- 1000ZA
- Rank in this country
- #35
- Round turn, USD
- 11ZA
- Rank in this country
- #53
"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 | Anchor Capital |
|---|---|---|---|
| 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 | — |
| 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 | 100 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | — |
— the broker does not publish this figure; it is not read as a zero and it is not scored.
FAQ
- Does Anchor Capital accept residents of South Africa?
- Yes. FSCA-regulated domestic (wealth/asset management + niche stockbroking) Onboarding entity: of JSE-listed Anchor Group Ltd
- Is Anchor Capital licensed to serve clients in South Africa?
- FSCA authorised FSP No. 39834 (Anchor Capital); Anchor Stockbrokers is a JSE member firm Checked on 11.07.2026.
- How can I withdraw money from Anchor Capital in South Africa?
- EFT / bank transfer, debit order; specifics not verified at review
- What account types does Anchor Capital offer?
- Managed/advisory investment portfolios, stockbroking (equity brokerage) accounts, unit trusts/hedge funds; retail TFSA/RA availability not verified at review
Taxes for a South African resident(1 rule)
- SARS taxes residents on worldwide income.https://anchorcapital.co.za/
Not tax advice. Check with SARS.