Accounts and service model
Sections ↑Brand transition
| Date or document | What it establishes |
|---|---|
| Legacy Khwezi | South African company 2013/129459/07; FSP 44816Source 2Source 7Source 8Source 5 |
| 14 November 2023 | ATFX announced acquisition of Khwezi Financial ServicesSource 2Source 7Source 8Source 5 |
| 19 December 2024 | ATFX described the subsequent South African platform upgradeSource 2Source 7Source 8Source 5 |
| February 2026 disclosure | AT Global Markets SA retains company 2013/129459/07 and FSP 44816Source 2Source 7Source 8Source 5 |
This is a historical-brand profile, not a statement that the old Khwezi account menu remains open. The continuing company’s documents provide useful terms for clients whose agreement names that South African entity.[5][6]
Markets and instruments
Sections ↑Legacy and successor platform evidence
| Period | Published service |
|---|---|
| Khwezi legacy website | ZAR-based OTC trading and MetaTrader 4Source 1Source 3Source 6Source 9 |
| Khwezi legacy agreement | Broker acts as principal counterparty to OTC derivativesSource 1Source 3Source 6Source 9 |
| Current SA agreement | MetaTrader 5 named in the ATFX contractSource 1Source 3Source 6Source 9 |
| Current broader ATFX site | A separate intermediary/Mauritius route also appearsSource 1Source 3Source 6Source 9 |
Trading and account costs
Sections ↑South African successor dormancy rules
| Stage | Contract term |
|---|---|
| Trigger | Six months with no open positions, trades, deposits, withdrawals or internal transfersSource 6 |
| Notice | During the fifth monthSource 6 |
| Monthly charge | ZAR 30 or USD 2; charged after the month’s last trading daySource 6 |
| Zero balance | Trading account disabled; closed three months laterSource 6 |
| Master account | Closed only once all associated trading accounts are closedSource 6 |
The public legacy zero-commission description is not a current all-in ATFX tariff. Spreads, swaps and instrument-level charges must follow the agreement and terminal attached to the actual account.[4][6]
Platforms, orders and margin
Sections ↑Distinctive SA contract restrictions
| Rule | Consequence |
|---|---|
| Minimum holding period | Two minutes; shorter trades may be voided, repriced or restrictedSource 6 |
| Stop/target exception | Preplaced stop-loss/take-profit orders excepted, subject to anti-circumvention termsSource 6 |
| Exceptional voice orders | Acceptance is discretionary; written follow-up by noon next business daySource 6 |
| Confirmation dispute | Within one business day after confirmationSource 6 |
Funding and withdrawals
Sections ↑Client funds and payments
| Item | Published treatment |
|---|---|
| Client-money structure | Third Party Funds Administrator arrangements and segregationSource 6Source 3 |
| Third-party deposits | Returned under the SA agreementSource 6Source 3 |
| Third-party payouts | Not permittedSource 6Source 3 |
| Interest on client cash | Not credited under the SA agreementSource 6Source 3 |
Regulation and asset protection
Sections ↑Current ATFX South African relationships
| Company | Published role |
|---|---|
| AT Global Markets SA (Pty) Ltd | FSP 44816; OTC derivatives provider; continuation of the Khwezi companySource 5Source 9 |
| AT Global Capital Markets Africa (Pty) Ltd | Company 2025/091437/07; FSP 55142; non-discretionary intermediarySource 5Source 9 |
| AT Global Markets Intl Ltd | Mauritius principal for the newer intermediary route; FSC C118023331Source 5Source 9 |
The successor’s SA disclosure warns that losses can exceed the deposit. It names professional indemnity, fidelity and cyber insurance but publishes no individual client payout limit. These policies are not presented here as guaranteed trading-loss cover.[5]
Support and complaints
Sections ↑Current SA disclosure contacts
| Purpose | Route |
|---|---|
| Company telephone | +27 21 330 5309Source 5 |
| Compliance and complaints | [email protected]Source 5 |
| FAIS Ombud | [email protected]; +27 12 762 5000 / +27 12 470 9080Source 5 |
| Office | Portside, Office 1801B, 4 Bree Street, Cape TownSource 5 |
Additional services
Sections ↑Historical January 2024 bonus terms
| Condition | Archived offer |
|---|---|
| Status | Historical terms; no current availability establishedSource 10 |
| Maximum credit | R100,000; percentage discretionarySource 10 |
| Bonus-account leverage | Maximum 1:300Source 10 |
| Stop-out | 30% equity-to-marginSource 10 |
| Withdrawal or internal transfer | Forfeited bonus across walletsSource 10 |
| Negative balance concession | Discretionary and eligibility-dependentSource 10 |
Company and legal entities
Sections ↑The common company number is the strongest link between Khwezi and AT Global Markets SA. The newer intermediary has a different company number and licence. Combining them would misstate both the counterparty and the applicable client terms.[2][5][9]
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
AT Global Markets SA (Pty) Ltd, formerly Khwezi Financial Services (Pty) Ltd
No separate licence entry is recorded in this panel.
Sources & further reading
- Legacy Khwezi company and services Khwezi Trade · Accessed 26 Oct 2026
- Khwezi FSP disclosure, Q4 2020 Khwezi Trade · Accessed 26 Oct 2026
- Khwezi trade agreement, October 2022 Khwezi Trade · Accessed 26 Oct 2026
- Legacy Khwezi PAIA manual, November 2023 Khwezi Trade · Accessed 26 Oct 2026
- Current South African disclosure, February 2026 Khwezi Trade · Accessed 26 Oct 2026
- ATFX South Africa trade agreement, 7 October 2025 Khwezi Trade · Accessed 26 Oct 2026
- ATFX South Africa platform upgrade, December 2024 Khwezi Trade
- Current South African ATFX entity disclosures Khwezi Trade
- Historical Khwezi deposit bonus, January 2024 Khwezi Trade
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.