Financial Sector Conduct Authority (South Africa)
The Financial Sector Conduct Authority is South Africa's market conduct regulator.
- Our tier
- Tier 2
- Jurisdiction
- South Africa
- Public register
- Open the official register
The Financial Sector Conduct Authority is South Africa’s market conduct regulator. Firms that give advice or intermediary services on financial products need a Financial Services Provider (FSP) licence.
What it means for a retail trader
An FSP number shows that the firm is authorised in South Africa, but the FSCA does not cap retail leverage the way European regulators do. Check whether the entity that actually holds your funds is the South African one or an offshore affiliate.
How to check a firm
Search the firm’s legal name or licence number on the official register linked above. Confirm that the name, the number and the website on the register match the firm you are dealing with, and that its permissions cover the product you want to trade. Clone firms often borrow a real firm’s name and number but use a different web address.
Brokers in our database with a FSCA licence
| Broker | Trust Score | Your entity & regulator | Min. deposit | Platforms | |
|---|---|---|---|---|---|
| Admirals Since 2001 | 48/99 | FSA Seychelles #SD073 Admirals SC Ltd | $100 | MetaTrader 4, MetaTrader 5 | Review Visit AdmiralsOfficial site · we earn no commission here |
| AvaTrade Since 2006 | 50/99 | BVI FSC #SIBA/L/13/1049 Ava Trade Markets Ltd | $100 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit AvaTradeOfficial site · we earn no commission here |
| Exness Since 2008 | 42/99 | FSA Seychelles #SD025 Exness (SC) Ltd | $10 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit ExnessOfficial site · we earn no commission here |
| FP Markets Since 2005 | 30/99 | SVG FSA FP Markets LLC | $100 | MetaTrader 4, MetaTrader 5, cTrader, TradingView | Review Visit FP MarketsOfficial site · we earn no commission here |
| FxPro Since 2006 | 40/99 | SCB #SIA-F184 FxPro Global Markets Ltd | $100 | MetaTrader 4, MetaTrader 5, cTrader, Own platform | Review Visit FxProOfficial site · we earn no commission here |
| HFM Since 2010 | 42/99 | FSA Seychelles #SD015 HF Markets (Seychelles) Ltd | $0 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit HFMOfficial site · we earn no commission here |
| Octa Since 2011 | 16/99 | Octa Markets Ltd | $25 | MetaTrader 4, MetaTrader 5, Own platform | Review Visit OctaOfficial site · we earn no commission here |
| Plus500 Since 2008 · LSE: PLUS | 62/99 | FSA Seychelles #SD039 Plus500SEY Ltd | $100 | Own platform | Review Visit Plus500Official site · we earn no commission here |
| ThinkMarkets Since 2010 | 48/99 | FSA Seychelles #SD060 TF Global Markets Int Limited | $0 | MetaTrader 4, MetaTrader 5, TradingView, Own platform | Review Visit ThinkMarketsOfficial site · we earn no commission here |
| Tickmill Since 2014 | 38/99 | FSA Seychelles #SD008 Tickmill Ltd | $100 | MetaTrader 4, MetaTrader 5, TradingView | Review Visit TickmillOfficial site · we earn no commission here |
| Vantage Since 2009 | 46/99 | VFSC #700271 Vantage Global Limited | $50 | MetaTrader 4, MetaTrader 5, TradingView, Own platform | Review Visit VantageOfficial site · we earn no commission here |
Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.