FSCA (South Africa)-regulated forex broker rankings
Compare brokers connected with current FSCA (South Africa) records. Check the licensed legal entity, licence permissions, approved website and status before relying on a broker's regulatory claim.
Compare qualifying brokers using the criteria and data coverage described below. Results were last updated 3 November 2026.
Financial Sector Conduct Authority is the recorded financial authority for South Africa. View regulator profile
Ranking basis. Organic positions use editorial score among brokers with a current, verified FSCA (South Africa) record. Ties use regulation-and-safety score, then the latest completed review date. Brokers whose record shows a FSCA (South Africa) licence, ordered by overall score; the regulation-and-safety score, then the latest review date, break ties. Tier two regulator.
This record comes from the broker's own published regulatory statement and has not yet been matched to the authority's register. The brand may operate through other entities with different or no regulatory protection. Confirm which entity would hold your account.
| Rank | Broker | Licensed legal entity | Licence type and number | Current recorded status | Last verified | Editorial score | User rating | Availability | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |  FxPro | Not confirmed | Tier two licence, 45052 | Review pending | 3 November 2026 | 9.2/10 | No user ratings yet | Not confirmed | View regulation |
| 2 |  XM | Not confirmed | Tier two licence, 49976 | Review pending | 3 November 2026 | 9.2/10 | No user ratings yet | Not confirmed | View regulation |
| 3 |  AvaTrade | Not confirmed | Tier two licence, 45984 | Review pending | 3 November 2026 | 9.0/10 | No user ratings yet | Not confirmed | View regulation |
| 4 |  HF Markets | Not confirmed | Tier two licence, 46632 | Review pending | 3 November 2026 | 9.0/10 | No user ratings yet | Not confirmed | View regulation |
| 5 |  Exness | Not confirmed | Tier two licence | Review pending | 3 November 2026 | 9.0/10 | No user ratings yet | Not confirmed | View regulation |
| 6 |  Markets.com | Not confirmed | Tier two licence, 46860 | Review pending | 3 November 2026 | 9.0/10 | No user ratings yet | Not confirmed | View regulation |
| 7 |  FXTM | Not confirmed | Tier two licence, 50320 | Review pending | 3 November 2026 | 8.7/10 | No user ratings yet | Not confirmed | View regulation |
| 8 |  Tickmill | Not confirmed | Tier two licence, 49464 | Review pending | 3 November 2026 | 8.7/10 | No user ratings yet | Not confirmed | View regulation |
| 9 |  EC Markets | Not confirmed | Tier two licence, 51842 | Review pending | 3 November 2026 | 8.6/10 | No user ratings yet | Not confirmed | View regulation |
| 10 |  Admirals | Not confirmed | Tier two licence, 51311 | Review pending | 3 November 2026 | 8.5/10 | No user ratings yet | Not confirmed | View regulation |
| 11 |  easyMarkets | Not confirmed | Tier two licence, 54018 | Review pending | 3 November 2026 | 8.4/10 | No user ratings yet | Not confirmed | View regulation |
| 12 |  ATFX | Not confirmed | Tier two licence, 44816 | Review pending | 3 November 2026 | 8.3/10 | No user ratings yet | Not confirmed | View regulation |
| 13 |  ACY Securities | Not confirmed | Tier two licence, 51008 | Review pending | 3 November 2026 | 8.3/10 | No user ratings yet | Not confirmed | View regulation |
| 14 |  FXCM | Not confirmed | Tier two licence, FSP 46534 | Review pending | 3 November 2026 | 8.2/10 | No user ratings yet | Not confirmed | View regulation |
| 15 |  FP Markets | Not confirmed | Tier two licence, FSP 50926 | Review pending | 3 November 2026 | 8.2/10 | No user ratings yet | Not confirmed | View regulation |
| 16 |  Plus500 | Not confirmed | Tier two licence, 47546 | Review pending | 3 November 2026 | 8.2/10 | No user ratings yet | Not confirmed | View regulation |
| 17 |  PU Prime | Not confirmed | Tier two licence, 52218 | Review pending | 3 November 2026 | 8.1/10 | No user ratings yet | Not confirmed | View regulation |
| 18 |  Mitrade | Not confirmed | Tier two licence, 54842 | Review pending | 3 November 2026 | 8.0/10 | No user ratings yet | Not confirmed | View regulation |
| 19 |  Xtrade | Not confirmed | Tier two licence, FSP 44681 | Review pending | 3 November 2026 | 8.0/10 | No user ratings yet | Not confirmed | View regulation |
| 20 |  Octa | Not confirmed | Tier two licence, FSP 51913 | Review pending | 3 November 2026 | 8.0/10 | No user ratings yet | Not confirmed | View regulation |
| 21 |  Tradu | Not confirmed | Tier two licence, 46534 | Review pending | 3 November 2026 | 7.9/10 | No user ratings yet | Not confirmed | View regulation |
| 22 |  VT Markets | Not confirmed | Tier two licence, 50865 | Review pending | 3 November 2026 | 7.7/10 | No user ratings yet | Not confirmed | View regulation |
| 23 |  Trade Nation | Not confirmed | Tier two licence | Review pending | 3 November 2026 | 7.6/10 | No user ratings yet | Not confirmed | View regulation |
| 24 |  Vantage | Not confirmed | Tier two licence, 51268 | Review pending | 3 November 2026 | 7.5/10 | No user ratings yet | Not confirmed | View regulation |
| 25 |  ThinkMarkets | Not confirmed | Tier two licence | Review pending | 3 November 2026 | 7.5/10 | No user ratings yet | Not confirmed | View regulation |
| 26 |  IUX | Not confirmed | Tier two licence | Review pending | 3 November 2026 | 7.4/10 | No user ratings yet | Not confirmed | View regulation |
| 27 |  STARTRADER | Not confirmed | Tier two licence, 52464 | Review pending | 3 November 2026 | 7.4/10 | No user ratings yet | Not confirmed | View regulation |
| 28 |  Moneta Markets | Moneta Markets (Pty) Ltd | Tier two licence, 47490 | Review pending | 3 November 2026 | 6.9/10 | No user ratings yet | Not confirmed | View regulation |
| 29 |  IronFX | Not confirmed | Tier two licence, FSP 45276 | Review pending | 3 November 2026 | 6.6/10 | No user ratings yet | Not confirmed | View regulation |
Every option for a reader there is a foreign or offshore entity. The international brokers that do not exclude the country are listed below.
End of ranking
A ranking position does not establish that a broker is suitable for every trader. Verify the legal entity, account terms, costs and protections that apply in your country.
Methodology updated 3 November 2026 · Data updated 3 November 2026 · Report a data issue