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South AfricaRegulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
This regulator does not publish a mandated retail leverage limit.
South Africa's Financial Sector Conduct Authority is the local licensing body for forex brokers and is widely held by international firms serving African markets.
Verify on official register
Check a broker's licence status directly on FSCA's public register.
15 brokers
IC Markets offers Shares CFDs on 2,000+ global stocks via MT5 and IRESS, combining its benchmark ECN infrastructure with direct equity access - a strong complement to its core forex offering for active traders who also need equity exposure.
Read ReviewHFM offers share CFDs on 500+ global stocks via MT4, MT5, and HFcopy under CySEC and DFSA regulation - a well-regulated broker with integrated copy trading for equity strategies and a broad emerging market client base.
Read ReviewThinkMarkets offers share CFDs on 3,000+ global stocks via MT4, MT5, and ThinkTrader under FCA and ASIC regulation - a well-regulated mobile-first broker with competitive share CFD pricing for active equity traders.
Read ReviewAvaTrade provides share CFD access on 600+ global stocks with fixed spreads across MT4, MT5, and AvaTradeGO - a well-regulated option for traders seeking equity CFD exposure within an established multi-asset broker.
Read ReviewRoboForex offers real stocks and share CFDs on 12,000+ instruments via R Trader, MT4, and MT5 under IFSC regulation - a high-instrument-count broker with genuine real stock access and one of the widest share ranges outside Tier 1 regulated platforms.
Read ReviewFXPro offers share CFDs on 100+ global stocks across MT4, MT5, cTrader, and its proprietary platform under FCA and CySEC regulation - a four-platform broker with straightforward equity CFD access for existing FXPro multi-asset traders.
Read ReviewNAGA offers share CFDs on 600+ global stocks via its proprietary platform with integrated Autocopy social trading under CySEC regulation - a social-first regulated equity CFD platform for traders who want to copy proven stock strategies.
Read ReviewFXTM offers share CFDs on 180+ global stocks via MT4 and MT5 under CySEC and FCA regulation - a well-regulated broker with a strong emerging market presence and integrated FXTM Invest copy trading for equity strategies.
Read ReviewATFX offers stocks CFDs on 200+ global equities under FCA and CySEC regulation - a multi-asset broker with institutional-grade execution and a zero minimum deposit across its core platform.
Read ReviewSkilling offers share CFDs on 800+ global stocks via Skilling Trader and cTrader under CySEC regulation - a European-focused regulated broker with competitive pricing and a clean platform for equity CFD trading.
Read ReviewExness offers share CFDs on 100+ global stocks via MT4, MT5, and the Exness Terminal under CySEC and FCA regulation - an accessible multi-platform entry point for share CFD exposure with ultra-low minimum deposits.
Read ReviewMoneta Markets offers stocks CFDs under ASIC and FSCA regulation - an emerging multi-asset broker with ECN execution extending across global equity markets.
Read ReviewWindsor Brokers offers stocks CFDs on major global equities under CySEC regulation - a long-established broker with 35+ years of track record providing equity CFD access to European traders.
Read ReviewFBS offers stocks CFDs with a $1 minimum deposit and MT4/MT5 support - an accessible entry to equity markets for traders in CIS and Asian markets, primarily regulated offshore.
Read ReviewAlpari offers stocks CFDs on major global equities - an accessible multi-asset platform popular in CIS markets with very low minimum deposit, primarily regulated offshore.
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Find my brokerFSCA is classified as a Tier 2 regulator. Regulated jurisdiction with established oversight, though with fewer investor protections than Tier 1.
We currently list 15 stock 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. As a Tier 2 regulator, it provides meaningful oversight, though investors should also verify whether a broker holds an additional Tier 1 licence for added protection.
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.