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Tradu in South Africa — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%85
- Round-turn cost20%95.5
- Safety20%90
- Payouts15%0
- Track record10%15
- Platforms10%0
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- Stratos South Africa (Pty) Ltd.
- Founded
- 2023
- Retail leverage
- 30ZA
- Round turn
- 5.9 USDZA
- Currencies
- USD/GBP/EUR reported; ZAR account not verified at review.
- Swap-free account
- no
"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 TraduThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards South Africa residents
- Stratos South Africa (Pty) Ltd.
- Local standing
- Locally regulated by FSCA under FAIS; verifiable on FSCA register.
- Licence as the register states it
- FSCA FSP 46534 (locally licensed).
- Leverage for this entity
- FSCA has no hard retail cap; Tradu commonly offers up to ~1:30 FX for retail. Exact ZA limit not verified at review.
- The firm behind it
- Launched 2023 by Stratos Group (parent of FXCM); group owned by Jefferies Financial. Multi-asset brand.
- What we hold against it
- New brand (2023) but Tier-1 FXCM/Jefferies parentage; high third-party trust scores; mixed Trustpilot user reviews.
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 under FAIS; verifiable on FSCA register.
- 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: Single standard account, no/low minimum deposit reported. 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 Tradu sits in the South Africa base(103 brokers)
Round-turn cost, USD (80 of 103 priced)
Median 7 USD · range 1-20 · this broker 5.9 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 1:30 · 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 (3 methods · 0 local rails)
Bank transfer, credit/debit cards, e-wallets.
- Bank transfer
- Debit cards
- E-wallets
- Account currency
- USD/GBP/EUR reported; ZAR account not verified at review.
- Fee declared
- 3 of 3 methods
- Withdrawal back to
- the funding method
Where it does not serve(2 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)
- Proprietary Tradu web
- mobile platform
| Class | Count | Min spread |
|---|---|---|
| Proprietary Tradu web | — | 0.59 |
| mobile platform | — | 0.59 |
| Forex pairs | 41 | — |
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.
Identical for every row: Leverage 30 ZA.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.7 | 265 |
Share of reviewers in South Africa: — The platform does not publish it.
Pros and cons(3 for and 2 against, each tied to a figure on this page)
- Round turn 5.8999999999999995 USD on the standard basis, under the South Africa median 7
- Authorised by the South Africa regulator in its own register
- Round-turn cost 96 of 100, its strongest of 6 scored axes
- Withdrawal in 120 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
- 7ZA
- Min deposit, USD
- 50ZA
- Leverage
- 1000ZA
- Rank in this country
- #25
- Round turn, USD
- 6ZA
- Min deposit, USD
- 50 groupZA
- Leverage
- 500 group
- Rank in this country
- #4
- Round turn, USD
- 6ZA
- Min deposit, USD
- 25ZA
- Leverage
- 500ZA
- Rank in this country
- #6
- Round turn, USD
- 7ZA
- Min deposit, USD
- 50ZA
- Leverage
- 500ZA
- Rank in this country
- #8
- Round turn, USD
- 6ZA
- Min deposit, USD
- 10ZA
- Leverage
- 5000ZA
- Rank in this country
- #5
- Round turn, USD
- 5ZA
- Min deposit, USD
- 10ZA
- Leverage
- 500ZA
- Rank in this country
- #17
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 | Tradu |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 85 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 96 |
| 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 | 15 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 0 |
FAQ
- Does Tradu accept residents of South Africa?
- Yes. Locally regulated by FSCA under FAIS; verifiable on FSCA register. Onboarding entity: Stratos South Africa (Pty) Ltd.
- Is Tradu licensed to serve clients in South Africa?
- FSCA FSP 46534 (locally licensed). Checked on 09.07.2026.
- How much does one round turn cost at Tradu?
- About 5.8999999999999995 USD per standard lot on EUR/USD. The median across brokers measured for South Africa is 7.0 USD.
- What leverage does Tradu offer to retail clients in South Africa?
- Up to 1:30. Tradu commonly offers up to ~1:30 FX for retail
- Which trading platforms does Tradu support?
- Proprietary Tradu web, mobile platform. Instruments: US/global stocks, stock CFDs, FX, indices, commodities, crypto (13,000+ products).
- How can I withdraw money from Tradu in South Africa?
- Bank transfer, credit/debit cards, e-wallets.
- What account types does Tradu offer?
- Single standard account; no/low minimum deposit reported.
- Does Tradu offer a swap-free (Islamic) account?
- No. Tradu publishes no swap-free (Islamic) account for South Africa.
Taxes for a South African resident(1 rule)
- SARS taxes residents on worldwide income.https://tradu.com/legal
Not tax advice. Check with SARS.