Forex evaluation available in South AfricaForex Prop Trading in South Africa
Simulated forex evaluation accounts available to Participants in South Africa. Up to 1:50 leverage and 60+ currency pairs.
NEOM Funded is an educational evaluation program. We do not provide investment advice or financial services in South Africa.
Forex Trading in South Africa
South Africa is the continent's most developed financial market, with the Johannesburg Stock Exchange (JSE) being Africa's largest by market capitalisation. South African Participants use the ZAR (R) and operate in the Africa/Johannesburg timezone (UTC+2). The country's established financial infrastructure and English-speaking population make it a leading destination for simulated evaluation participation in Africa.
NEOM Funded provides South African Participants with evaluation accounts offering up to $150,000 in simulated capital. We accept Visa, Mastercard, EFT, and BTC. EFT (Electronic Funds Transfer) through South African banks provides reliable domestic transfers. The NEO NOVA (1-Step) and NEO DUO (2-Step) evaluations are the most popular among South African Participants.
Regulatory Framework
The FSCA (Financial Sector Conduct Authority) regulates financial markets in South Africa. NEOM Funded offers simulated evaluation participation accounts and does not act as a broker, making our programme accessible to South African Participants. Full English-language support is available.
Session Timing
South African Participants (UTC+2) enjoy strong overlap with the London session (10:00 AM – 6:00 PM SAST) and the London-New York overlap (3:00 PM – 6:00 PM SAST). USD/ZAR, EUR/USD, GBP/USD, and gold are popular instruments. EFT transfers from major South African banks process reliably, while BTC offers an alternative for Participants seeking faster settlement.
Forex Sessions in South Africa Time
| Session | UTC Hours | South Africa (UTC+2) | Major Pairs |
|---|---|---|---|
| Sydney | 22:00-07:00 | 00:00-09:00 | AUD/USD, NZD/USD |
| Tokyo | 00:00-09:00 | 02:00-11:00 | USD/JPY, EUR/JPY |
| London | 08:00-17:00 | 10:00-19:00 | EUR/USD, GBP/USD |
| New York | 13:00-22:00 | 15:00-00:00 | EUR/USD, USD/CAD |
Choose your evaluation
All four programmes are available to Participants in South Africa – one-time fee, MetaTrader 5, forex + metals.
NEO NOVA
NEO NOVA is a 1-Step simulated forex evaluation on MetaTrader 5 – one 6% Evaluation Goal, USD-fixed Daily and Max Virtual Limits, balances from $10K to $150K and Recognition Tiers of 80% or 90%.
NEO DUO
NEO DUO is our most popular 2-Step simulated forex evaluation on MetaTrader 5 – an 8% Evaluation Goal in Phase 1 and 5% in Phase 2, static 5% daily and 8% max virtual loss limits, and balances from $5K to $100K.
NEO EXPRESS
NEO EXPRESS has no evaluation phase – you trade a simulated account at a 70% Reward Coefficient from day one, with static 3% daily and 4% max virtual loss limits and balances from $1.5K to $100K on MetaTrader 5.
NEO ACCESS
NEO ACCESS is Pay After You Pass – a $10 evaluation fee to start, and the activation fee only if you pass. A 3% Evaluation Goal, static 5% daily and 7% max virtual loss limits, and Recognition Tiers that rise from 70% to 90%.
From evaluation to rewards in South Africa
One evaluation, your pace
Choose a balance, trade 60+ forex pairs plus gold and silver on MetaTrader 5 with leverage up to 1:50, and meet the objectives at your own pace – most programmes have no time limit and no consistency rules.
Simulated funding, real discipline
Pass and you receive a simulated funded evaluation account. Keep up to a 90% Reward Coefficient on simulated profits, with Performance Rewards processed in about 8 hours on average – from South Africa or anywhere you trade.
Why Participants in South Africa Choose NEOM Funded
- Dedicated local time-zone support for Participants in South Africa – from London to Sydney sessions.
- Pay the evaluation fee in your local currency. Receive performance rewards via crypto, Rise, or bank transfer.
- No broker relationship, no deposits. Fully simulated evaluation on our internal platform.
- Trade 60+ forex pairs on MT5 – the platform every South Africa participant already knows.
Pass the Evaluation Up to $150K –Start in Minutes
Pass one evaluation. Trade a simulated funded account. Earn up to a 90% Reward Coefficient on your simulated performance. Receive your Performance Reward in ~8 hours on average.
- One-time fee
- Refundable on second Performance Reward
- No subscription
FAQ
Yes. NEOM Funded is a simulated trading evaluation programme open to Participants in many countries, including South Africa (subject to eligibility; US residents are excluded). Everything runs on simulated capital – no deposits, no real-market trading – with support in English, Spanish and Portuguese, 24/5.