IC Markets
True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
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True ECN routing with raw 0.0 pip spreads on majors plus commission, deep liquidity, and the cleanest MT4 / MT5 / cTrader stack we test.
Heavily regulated across 6+ jurisdictions with a unique AvaOptions platform for vanilla options trading and strong educational content.
Exceptional value for developing-market traders, instant withdrawals, $1 minimum deposit, and ultra-competitive raw spread pricing.
FSCA is classified as a Tier 2 regulator. Regulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
We currently list 18 forex brokers regulated by FSCA. The full list is shown above, sorted by overall trader rating.
FSCA is based in South Africa and covers the South Africa jurisdiction. Regulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
Visit the official FSCA website and use their public register or licence verification tool. Enter the broker's registered name or licence number to confirm its status. This is the most reliable way to check a broker's regulatory standing.
Compensation availability depends on the specific rules of FSCA in South Africa. Tier 1 regulators typically operate investor compensation schemes covering a portion of client funds. Check the regulator's official guidance for current limits and eligibility criteria.
The brokers listed here hold licences from the Financial Sector Conduct Authority (FSCA), the Tier 2 regulator overseeing financial services providers in South Africa. FSCA-authorised brokers must comply with local regulations, including requirements for the segregation of client funds from company operating accounts. While retail leverage limits are not specified by the FSCA, this regulator is known for a moderate supervisory approach compared to stricter European authorities. The FSCA does not operate an investor compensation scheme.
Verify on official register
Check a broker’s licence status directly on the FSCA register.
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