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Sasfin Securities in South Africa — review, licence and costs
Score (4 of 6 axes scored)
shown, not ranked: no cost
- Reviews25%50
- Safety20%90
- Track record10%95
- Platforms10%0
Numbered by weight: axis 1 counts for most.
Key facts
Licence check
Open an account with Sasfin SecuritiesThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards South Africa residents
- of Sasfin Holdings Ltd
- Local standing
- FSCA-regulated domestic; JSE member
- Licence as the register states it
- JSE member (Sasfin Securities Pty Ltd); group FSPs incl. Sasfin Wealth Investment Platform FSP 45334, Sasfin Asset Managers FSP 21664, Sasfin Financial Advisory Services FSP 5711; Sasfin Securities' own FSP not separately verified at review
- Leverage for this entity
- No retail forex; JSE equities/ETFs largely unleveraged; single-stock CFDs where offered (leverage varies) - primarily full-service stockbroking
- The firm behind it
- Established South African banking and wealth group; Sasfin Holdings Ltd listed on the JSE (SFN); Sasfin Wealth division provides stockbroking, asset management and financial advice
- What we hold against it
- Not verified at review (group has faced broader banking scrutiny; no specific Sasfin Securities FSCA action confirmed here)
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; JSE equities/ETFs largely unleveraged; single-stock CFDs where offered (leverage varies) - primarily full-service stockbroking
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youFSCA-regulated domestic; JSE member
- 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: ZAR stockbroking accounts, discretionary/managed portfolios, offshore/USD investment via platform, TFSA, retirement/wealth solutions. 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 Sasfin Securities 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;
- 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(1 platform)
- Sasfin Wealth investment platform / online portal
| Class | Count | Min spread | Leverage |
|---|---|---|---|
| Sasfin Wealth investment platform / online portal | — | — | —ZA |
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.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.0 | — |
Share of reviewers in South Africa: — The platform does not publish it.
Pros and cons(2 for and 4 against, each tied to a figure on this page)
- Authorised by the South Africa regulator in its own register
- Track record 95 of 100, its strongest of 4 scored axes
- Round-turn cost not priced: the pair of spread and commission is not published
- Withdrawal time not published
- Platforms 0 of 100, its weakest of 4 scored axes
- Not scored on round-turn cost, payouts: 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
- 6ZA
- Min deposit, USD
- 100ZA
- Leverage
- 300ZA
- Rank in this country
- #20
- Round turn, USD
- 9ZA
- Min deposit, USD
- 25ZA
- Leverage
- 1000ZA
- Rank in this country
- #1
- Round turn, USD
- 6ZA
- Min deposit, USD
- 0 groupZA
- Leverage
- 2000ZA
- Rank in this country
- #3
- Round turn, USD
- 6ZA
- Min deposit, USD
- 50 groupZA
- Leverage
- 500 group
- Rank in this country
- #4
- Round turn, USD
- 6ZA
- Min deposit, USD
- 0ZA
- Leverage
- 500ZA
- Rank in this country
- #34
"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 | Sasfin Securities |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 50 |
| 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 | 95 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 0 |
FAQ
- Does Sasfin Securities accept residents of South Africa?
- Yes. FSCA-regulated domestic; JSE member Onboarding entity: of Sasfin Holdings Ltd
- Is Sasfin Securities licensed to serve clients in South Africa?
- JSE member (Sasfin Securities Pty Ltd); group FSPs incl. Sasfin Wealth Investment Platform FSP 45334, Sasfin Asset Managers FSP 21664, Sasfin Financial Advisory Services FSP 5711; Sasfin Securities' own FSP not separately verified at review Checked on 11.07.2026.
- Which trading platforms does Sasfin Securities support?
- Sasfin Wealth investment platform / online portal. Instruments: JSE shares, ETFs, bonds, offshore/international equities, funds; managed portfolios
- How can I withdraw money from Sasfin Securities in South Africa?
- EFT / bank transfer; debit order for recurring contributions
- What account types does Sasfin Securities offer?
- ZAR stockbroking accounts, discretionary/managed portfolios, offshore/USD investment via platform, TFSA, retirement/wealth solutions
Taxes for a South African resident(1 rule)
- SARS taxes residents on worldwide income.https://www.sasfin.com/wealth/funds
Not tax advice. Check with SARS.