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HomeRegulationRegulatorsFSCA (South Africa)

Financial Sector Conduct Authority (FSCA (South Africa))

Regulatory authority for South Africa

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Jurisdiction
South Africa
Authority type
Tier two financial regulator
Established
2018
Head office
Not confirmed
Official website
www.fsca.co.za
Public register
Public register available
Complaint information
Complaint information available
Compensation arrangement
Not confirmed
Retail forex and CFD remit
Confirmed
Regulatory framework rating
A Established
Connected broker records
29
Official warnings recorded
0

About FSCA (South Africa)

FSCA (South Africa) is an authority in South Africa. We have confirmed responsibility for licensing, supervision, enforcement, consumer information, complaints, but its precise role in supervising retail forex and CFD providers requires review of the relevant licence and legal entity.

Licenses financial services providers, including over-the-counter derivative providers, for South African clients.

The FSCA licenses ODP providers. Many international brokers hold one for their African clients.

Registration with an authority is not always equivalent to prudential supervision or permission to provide leveraged trading services. Review the exact licence category, permissions and status.

What FSCA (South Africa) does

LicensingSupervisionEnforcementConsumer informationComplaints

FSCA (South Africa) reports responsibility for licensing, supervision, enforcement, consumer information, complaints. The scope can vary by firm type, permission and applicable law.

Powers and responsibilities

CapabilityWhat it meansStatus
LicensingWhether the authority grants or administers financial-services licences relevant to broker entities.Confirmed
SupervisionWhether licensed firms are subject to ongoing reporting, monitoring or conduct requirements.Confirmed
EnforcementWhether the authority can investigate, restrict, suspend, fine or otherwise act against firms.Confirmed
Public registerWhether users can search licensed entities, permissions, status and contact details.Confirmed
WarningsWhether the authority publishes warnings about unauthorised firms, clones, scams or market conduct.Not confirmed
ComplaintsWhether it accepts complaints, refers disputes or publishes an external-resolution route.Confirmed
Client assetsWhether relevant rules address segregation, custody or handling of client money.Not confirmed
Financial resourcesWhether relevant licensees face capital, solvency or audit requirements.Not confirmed

The existence of a power does not establish how it was applied to a particular firm. Use dated enforcement and licence records for firm-specific conclusions.

FSCA (South Africa) licence types

Licence names and permissions are jurisdiction-specific. The same authority may supervise firms under categories that do not all permit retail forex or CFD services.

Licence or registration type
Tier two financial-services licence
Category code
Not confirmed
What this category covers
Licenses financial services providers, including over-the-counter derivative providers, for South African clients.
Retail forex and CFD relevance
Confirmed
Recorded permissions
Not confirmed
Common restrictions or limits
Not confirmed
View entities with this record
29 connected broker records

Do not convert every company registration, membership or representative status into “regulated”. The source category is preserved and its scope explained.

Brokers connected with FSCA (South Africa) records

These records connect broker brands with legal entities found in FSCA (South Africa) information. A brand can use more than one entity, and only the named licensed entity receives the recorded permissions.

BrokerEntityLicenceStatusWebsite matchCountry relevanceChecked
AvaTrade logoAvaTrade 9.2/10Not confirmedTier two licence 45984Review pendingNot confirmedNot confirmedNot confirmedView licence record
FxPro logoFxPro 9.2/10Not confirmedTier two licence 45052Review pendingNot confirmedNot confirmedNot confirmedView licence record
XM logoXM 9.2/10Not confirmedTier two licence 49976Review pendingNot confirmedNot confirmed26 August 2026View licence record
Admirals logoAdmirals 9.0/10Not confirmedTier two licence 51311Review pendingNot confirmedNot confirmed26 August 2026View licence record
Markets.com logoMarkets.com 9.0/10Not confirmedTier two licence 46860Review pendingNot confirmedNot confirmed26 August 2026View licence record
Plus500 logoPlus500 9.0/10Not confirmedTier two licence 47546Review pendingNot confirmedNot confirmedNot confirmedView licence record
easyMarkets logoeasyMarkets 8.7/10Not confirmedTier two licence 54018Review pendingNot confirmedNot confirmed26 August 2026View licence record
HF Markets logoHF Markets 8.7/10Not confirmedTier two licence 46632Review pendingNot confirmedNot confirmedNot confirmedView licence record
FP Markets logoFP Markets 8.5/10Not confirmedTier two licence FSP 50926Review pendingNot confirmedNot confirmedNot confirmedView licence record
ACY Securities logoACY Securities 8.4/10Not confirmedTier two licence 51008Review pendingNot confirmedNot confirmed26 August 2026View licence record
FXTM logoFXTM 8.4/10Not confirmedTier two licence 50320Review pendingNot confirmedNot confirmed26 August 2026View licence record
ThinkMarkets logoThinkMarkets 8.4/10Not confirmedTier two licenceReview pendingNot confirmedNot confirmedNot confirmedView licence record
Exness logoExness 8.3/10Not confirmedTier two licenceReview pendingNot confirmedNot confirmedNot confirmedView licence record
Moneta Markets logoMoneta Markets 8.3/10Moneta Markets (Pty) LtdTier two licence 47490Review pendingNot confirmedNot confirmedNot confirmedView licence record
Tickmill logoTickmill 8.3/10Not confirmedTier two licence 49464Review pendingNot confirmedNot confirmed26 August 2026View licence record
IronFX logoIronFX 8.2/10Not confirmedTier two licence FSP 45276Review pendingNot confirmedNot confirmedNot confirmedView licence record
EC Markets logoEC Markets 8.1/10Not confirmedTier two licence 51842Review pendingNot confirmedNot confirmed26 August 2026View licence record
STARTRADER logoSTARTRADER 8.1/10Not confirmedTier two licence 52464Review pendingNot confirmedNot confirmedNot confirmedView licence record
FXCM logoFXCM 8.0/10Not confirmedTier two licence FSP 46534Review pendingNot confirmedNot confirmedNot confirmedView licence record
Tradu logoTradu 8.0/10Not confirmedTier two licence 46534Review pendingNot confirmedNot confirmedNot confirmedView licence record
ATFX logoATFX 7.9/10Not confirmedTier two licence 44816Review pendingNot confirmedNot confirmed26 August 2026View licence record
Octa logoOcta 7.9/10Not confirmedTier two licence FSP 51913Review pendingNot confirmedNot confirmedNot confirmedView licence record
VT Markets logoVT Markets 7.9/10Not confirmedTier two licence 50865Review pendingNot confirmedNot confirmedNot confirmedView licence record
Mitrade logoMitrade 7.8/10Not confirmedTier two licence 54842Review pendingNot confirmedNot confirmedNot confirmedView licence record
PU Prime logoPU Prime 7.8/10Not confirmedTier two licence 52218Review pendingNot confirmedNot confirmedNot confirmedView licence record
Vantage logoVantage 7.8/10Not confirmedTier two licence 51268Review pendingNot confirmedNot confirmed26 August 2026View licence record
IUX logoIUX 7.7/10Not confirmedTier two licenceReview pendingNot confirmedNot confirmedNot confirmedView licence record
Trade Nation logoTrade Nation 7.7/10Not confirmedTier two licenceReview pendingNot confirmedNot confirmed26 August 2026View licence record
Xtrade logoXtrade 7.3/10Not confirmedTier two licence FSP 44681Review pendingNot confirmedNot confirmed26 August 2026View licence record

This record comes from the broker's own published regulatory statement and has not yet been matched to the authority's register.

View FSCA (South Africa)-regulated broker rankings

Client protections under FSCA (South Africa)

Available protections depend on the licensed entity, licence category, client classification, product and account location. The items below describe confirmed framework features, not guaranteed outcomes.

Client-money rules
Not confirmed
Capital requirements
Not confirmed
Negative balance protection
Not confirmed
Leverage restrictions
Not confirmed
Compensation scheme
Not confirmed
External dispute resolution
Available subject to eligibility
Risk disclosures
Not confirmed
Reporting or audit
Not confirmed

Conduct supervision, but no statutory compensation scheme for CFD losses.

A compensation arrangement may have eligibility rules, exclusions and payment limits. It does not cover ordinary trading losses and may not cover clients of another entity in the same broker group.

How to complain about a FSCA (South Africa)-regulated broker

Start with the legal entity shown on your account agreement. The complaint route depends on whether that entity is licensed, whether the service falls within the licence and whether you meet the relevant eligibility rules.

  1. Confirm the broker brand, legal entity, website and licence number.
  2. Submit a formal written complaint to the broker and retain the reference number and evidence.
  3. Check the authority's official complaint guidance and the firm's register entry.
  4. Escalate to the eligible ombudsman, dispute body, compensation arrangement or authority route.
  5. Report suspected crime, impersonation or unauthorised activity to the appropriate public authority.

FAIS Ombud. View FSCA (South Africa) complaint information

88 Forex Brokers does not decide disputes or provide legal advice. Deadlines and eligibility requirements may apply.

Warnings and enforcement

No official warnings from FSCA (South Africa) are recorded.

Warnings, investor alerts, clone notices and enforcement actions appear here as they are recorded, with the date, the subject and the source.

Check the FSCA (South Africa) register and warning list

Resources

Updates

No updates to this regulator profile have been recorded.

Material changes to licence status, warnings, enforcement records and the profile itself are listed here with the date.

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