South Africa · Tier-2
FSCA: a real conduct regulator, rarely the one covering SEA clients.
Financial Sector Conduct Authority · est. 2018
Tier 2Public register
South Africa's FSCA authorises financial service providers, including OTC derivative providers that offer CFDs, and enforces conduct-of-business rules. Several large brokers list an FSCA licence, but SEA retail clients are rarely onboarded through the South African entity. Check which entity your account sits under before counting the FSCA as your protection.
Brokers regulated
2
Tier
Tier 2
Country
South Africa
Filings tracked
0
What the FSCA badge actually means.
Key protections
- Authorises financial service providers, including OTC derivative providers
- Conduct-of-business and client-money rules
- Public search of authorised providers
Known limitations
- No investor compensation fund for forex clients
- SEA clients are rarely onboarded by the South African entity
Active licenses
All brokers2 of our brokers hold FSCA licenses.
1
EX
ExnessUnggulan
EUR/USD 0.2 typ. · $10 min · 1:2000
93
FCACySEC
2
OC
OctaFXUnggulan
EUR/USD 0.8 typ. · $25 min · 1:500
82
CySECFSCA
| # | Broker | Trust | EUR/USD | Min dep. | Leverage | Regulators | 30d | |
|---|---|---|---|---|---|---|---|---|
| 1 | EX ExnessUnggulan Est. 2008 · MT4 | 93 | 0.2 | |||||
| 2 | OC OctaFXUnggulan Est. 2011 · MT4 | 82 | 0.8 |
Cross-references for FSCA
FSCA actions, across our brokers.
No filings tracked yet for FSCA on the brokers we currently cover.