Visit FxPro
STARTRADER in South Africa — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%55
- Round-turn cost20%100
- Safety20%100
- Payouts15%80
- Track record10%35
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- STARTRADER International Pty Ltd
- Founded
- 2019
- Retail leverage
- 1000ZA
- Round turn
- 4 USDZA
- Currencies
- USD, EUR, GBP, AUD, CAD, NZD, JPY, BTC, ETH; ZAR account not verified.
- Swap-free account
- yes
Licence check
Open an account with STARTRADERThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards South Africa residents
- STARTRADER International Pty Ltd
- Local standing
- Locally regulated by FSCA (Tier-2); genuine ZA licence, unlike TH/MY.
- Licence as the register states it
- FSCA-regulated, FSP No. 52464 (Derivatives Trading / EP licence). Higher-leverage accounts may still book via offshore Seychelles FSA SD049.
- Leverage for this entity
- Up to 1:1000 via offshore book; FSCA entity conditions may differ (not fully verified).
- The firm behind it
- STARTRADER brand ~2019 (Sydney/Dubai); ZA entity incorporated 2022; also holds ASIC 421210.
- What we hold against it
- FSCA-licensed locally, but retail execution often routed to offshore Seychelles/SVG entity; unregulated St. Vincent entity noted.
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 (Tier-2); genuine ZA licence, unlike TH/MY.
- 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/ECN (min USD 50), Prime ECN (min USD 10, 000), Islamic on request, PAMM. 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 STARTRADER 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 · 1 local)
Cards, wire, e-wallets, crypto;
- Cards
- Wire
- E-wallets
- Crypto
- Local EFT not explicitly verifiedlocal
- Account currency
- USD, EUR, GBP, AUD, CAD, NZD, JPY, BTC, ETH; ZAR account not verified.
- Fee declared
- 5 of 5 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(3 platforms)
- MT4
- MT5
- STARTRADER app
Identical for every row: Min spread 1.3 · Leverage 1000 ZA.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.1 | — |
Share of reviewers in South Africa: — The platform does not publish it.
Pros and cons(6 for and 2 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 52464, read on 09.07.2026
- Withdrawal in 24 h, one of 86 of 103 brokers here that publish a time
- Swap-free account available
- Round-turn cost 100 of 100, its strongest of 6 scored axes
- 3 platforms: MT4, MT5, STARTRADER app
- The published 1:1000 comes from the group's offshore entity, not from the South Africa one
- Track record 35 of 100, its weakest of 6 scored axes
Alternatives in South Africa(6 of 103 scored in South Africa)
- Round turn, USD
- 3ZA
- Min deposit, USD
- 10 groupZA
- Leverage
- 3000ZA
- Rank in this country
- #15
- Round turn, USD
- 3ZA
- Min deposit, USD
- 1ZA
- Rank in this country
- #14
- 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
- 1000ZA
- Rank in this country
- #25
- Round turn, USD
- 6ZA
- Min deposit, USD
- 20ZA
- Leverage
- 30 group
- Rank in this country
- #2
- Round turn, USD
- 6ZA
- Min deposit, USD
- 25ZA
- Leverage
- 500ZA
- Rank in this country
- #6
"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 | STARTRADER |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 55 |
| 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 | 100 |
| 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 | 35 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does STARTRADER accept residents of South Africa?
- Yes. Locally regulated by FSCA (Tier-2); genuine ZA licence, unlike TH/MY. Onboarding entity: STARTRADER International Pty Ltd
- Is STARTRADER licensed to serve clients in South Africa?
- FSCA-regulated, FSP No. 52464 (Derivatives Trading / EP licence). Higher-leverage accounts may still book via offshore Seychelles FSA SD049. Checked on 09.07.2026.
- How much does one round turn cost at STARTRADER?
- 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 STARTRADER offer to retail clients in South Africa?
- Up to 1:1000. Up to 1:1000 via offshore book
- Which trading platforms does STARTRADER support?
- MT4, MT5, STARTRADER app. Instruments: 1,000+ CFDs: FX, commodities, indices, stocks, crypto, ETFs.
- How can I withdraw money from STARTRADER in South Africa?
- Cards, wire, e-wallets, crypto; dedicated ZA startrader-za.com portal; local EFT not explicitly verified.
- What account types does STARTRADER offer?
- Standard/ECN (min USD 50); Prime ECN (min USD 10,000); Islamic on request; PAMM.
- Does STARTRADER offer a swap-free (Islamic) account?
- Yes. STARTRADER 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://startrader-za.com
Not tax advice. Check with SARS.