Desk file · 2026 edition · record confidence: medium
Khwezi Trade
We opened the file on Khwezi Trade the way we open every file: register first, marketing never. Trading since 2013, run out of Cape Town, South Africa (Office 1801B, 18th Floor Portside Tower, 4 Bree Street), and carrying 1 licence entry on the public record, 0 of them tier-1.
What the two desk scores say
Both are out of 10 and both are computed, not felt.
| Cost score | Priced off the spread basis below, not off a headline rate card. | not verified |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | not verified |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $not verified |
Spread basis. . Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Licence entries, one row per entity
Every row links to the document we read it from.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| FSCA | 44816 | South Africa | T2 | AT Global Markets SA (Pty) Ltd (formerly Khwezi Financial Services, trading as Khwezi Trade) | fsca.co.za |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
What we were able to confirm
Confirmed at source
- Khwezi Trade is (was) a trading division of Khwezi Financial Services, an authorised financial services provider FSP 44816 and licensed OTC Derivatives Provider (own site FSP disclosure).
- ATFX announced the acquisition of Khwezi Financial Services, a licensed ODP in South Africa; the licence FSP 44816 now sits with AT Global Markets SA (Pty) Ltd (ATFX company news).
- The khwezitrade.co.za homepage currently presents ATFX South Africa branding and states the company has officially changed its name to AT Global Markets SA (Pty) Ltd, operating under the ATFX brand for the Africa region.
- The archived open-an-account page states account opening is paused while the regulatory and operational integration process completes, directing new sign-ups to ATFX Africa.
- The archived site's account page listed a ZAR One account with a minimum deposit of R500 and maximum leverage of 1:400 on MT5 (pre-integration figures).
Not verified
The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:
- minDeposit: archived R500 figure predates the ATFX integration; current requirement not verified
- maxLeverage: archived 1:400 figure predates the ATFX integration; current maximum not verified
- spreadEurusd not verified
- segregatedFunds not verified in current legal text
- negativeBalanceProtection not verified in current legal text
- founded 2013 per directories (ATFX/Khwezi materials say 'since inception 2013'); exact registration date not register-verified
| Founded | 2013 |
| Head office | Cape Town, South Africa (Office 1801B, 18th Floor Portside Tower, 4 Bree Street) |
| Minimum deposit | not verified |
| Leverage cap | |
| EUR/USD | not verified pips |
| Tier-1 entries | 0 |
| Record confidence | medium |
Platforms and account types on file
Platforms
Account types
Markets
Other records open on the desk
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.