Forex Brokers in South Africa
Financial Sector Conduct Authority (FSCA) have been supervised forex brokers in South Africa since 2018. In spite of being the most evolved countries in Africa, there are still many unregulated forex brokers in this region.
South Africa has become a dynamic forex broker network, with exponentially growing forex markets and traders. Since the loose limitation from FSCA, forex industries in South Africa has various trading conditions and leverage rules.
| Broker | Regulation | Max Leverage | Min Deposit | General Rating | |
|---|---|---|---|---|---|
|
FXTM South Africa 2011 |
CySEC 185/12 FCA (UK) 777911 FSC (Mauritius) C113012295 FSCA (South Africa) 46614 |
1:2000 | $10 | Review | |
|
AvaTrade South Africa 2006 |
ASIC 406668 Central Bank of Ireland C53877 Financial Futures Association (Japan) 1574 Financial Services Regulatory Authority (Abu Dhabi) 190018 FSA (Japan) 1662 FSC (BVI) 2013-07-30 FSCA (South Africa) 45984 IS |
1:400 | $100 | Review | |
|
FXCM South Africa 1999 |
ASIC 309763 CONSOB (Italy) 76 DMCC (Dubai) 31171 FCA (UK) 217689 ISA (Israel) 2 SFC (Hong Kong) AIM232 |
1:400 | $1 | Review | |
|
Plus500 South Africa 2008 |
ASIC 417727 CySEC 250/14 FCA (UK) 509909 FSCA (South Africa) 47546 ISA (Israel) 5 Monetary Authority of Singapore 2017-12-11 |
1:300 | $100 | Review | |
|
Tradeo South Africa 2012 |
FSCA (South Africa) 46452 | 1:30 | $250 | Review | |
|
GKFX South Africa 2009 |
ASIC 421210 BaFin 130602 CONSOB (Italy) 2915 Czech National Bank 256/2004 DMCC (Dubai) 32142 FCA (UK) 501320 Finansinspektionen (Sweden) 556873-1326 SFC (Hong Kong) AZJ874 |
1:30 | $100 | Review | |
|
Capital Index South Africa 2014 |
FCA (UK) 709693 | 1:200 | $100 | Review | |
|
CM Trading South Africa 2011 |
FSCA (South Africa) 38782 | 1:200 | $250 | Review | |
|
JustForex South Africa 2012 |
IFSC (Belize) IFSC/60/241/TS/17 | 1:3000 | $1 | Review | |
|
AMarkets South Africa 2007 |
FSA (St. Vincent & the Grenadines) 22567 IBC 2015 The Financial Commission 01.09.2013 |
1:1000 | $1 | Review | |
|
IG South Africa 1974 |
CFTC/NFA 0509630 FCA (UK) 195355 |
1:50 | $1 | Review | |
|
Velocity Trade South Africa 1999 |
ASIC 329813 FCA (UK) 497263 Financial Dispute Resolution (NZ) FM0279 FMA (New Zealand) FSP20003 FSCA (South Africa) 43295 |
1:200 | $1000 | Review | |
|
Grand Capital South Africa 2006 |
FFMS 1204 The Financial Commission 15.01.2016 |
1:500 | $10 | Review | |
|
ForexChief South Africa 2014 |
Ministry of Finance and Economic Management (Vanuatu) 14777 | 1:1000 | $50 | Review | |
|
IronFX South Africa 2010 |
ASIC 417482 CySEC 125/10 FCA (UK) 585561 FSCA (South Africa) 45276 |
1:30 | $100 | Review |
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