ASIC, CySEC, DFSA +2 more
FSCA Forex regulator
The Financial Sector Conduct Authority (FSCA) plays a vital role as the regulatory body overseeing and governing various financial services in South Africa. Its primary responsibility is to ensure that Forex brokers operating under its supervision adhere to strict rules and guidelines, providing their clients with transparent, fair, and high-quality financial services. Established in 2018 as an independent financial regulatory authority, the FSCA's scope of authority encompasses a wide range of financial services and products, including but not limited to banking, insurance, investments, retirement funds, and market conduct. Forex brokers regulated by FSCA are entrusted with safeguarding their customers' interests and promoting secure trading environments in the financial markets.
For your convenience, we have compiled a list below of the best Forex brokers regulated by the FSCA in South Africa, offering peace of mind and confidence to traders and investors alike.
9.90
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
Platforms
MT4, MT5
9.72
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignals
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.54
MT4MT5Copy tradingECNHigh leveragePAMMSTP
Regulations
CMA, Central Bank of Curaçao and Sint Maarten, CySEC +5 more
Platforms
MT4, MT5
9.36
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSTP
Regulations
ASIC, CySEC, DFSA +2 more
Platforms
MT4, MT5
9.00
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, CySEC, FSCA +2 more
Platforms
MT4, MT5
7.92
MT4MT5Copy tradingHigh leverageSignals
Regulations
CySEC, FCA UK, FSA Labuan +2 more
Platforms
MT4, MT5
7.74
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, FSA St. V, FSCA
Platforms
MT4, MT5
6.31
5.59
MT4MT5cTraderCopy tradingHigh leveragePAMMSignals
Regulations
CySEC, FCA UK, FSC Mauritius +2 more
Platforms
MT4, MT5, cTrader +1 more
5.23
MT4MT5Deposit bonusCopy tradingECNHigh leveragePAMMSignalsSTP
Regulations
ASIC, FSCA, VFSC
Platforms
MT4, MT5
To maintain market integrity, the FSCA diligently monitors financial institutions' conduct, ensuring their adherence to regulatory standards and equitable treatment of clients. In line with its mission, the FSCA also stipulates the maximum leverage that retail clients' brokers can offer. In Forex trading, this leverage is capped at 1:30, meaning traders can only position trades up to 30 times their trading account size. For indices and commodities, the leverage is even lower, set at 1:20, while crypto traders can enjoy up to 1:2 leverage. Although these leverage limits may restrict traders with limited budgets, they play a crucial role in protecting clients from excessive risk-taking and financial losses.
Overall, the top FSCA regulated Forex brokers instill a sense of security and trust among traders and investors by providing a transparent trading environment and adhering to stringent regulatory standards. Their commitment to fair practices and quality services ensures that clients can confidently participate in the financial markets with minimized risks and maximize opportunities for success.
