Tier 2 South Africa · Est. 2018

FSCA

Financial Sector Conduct Authority

The FSCA is South Africa's market conduct regulator for financial institutions. It replaced the old FSB in 2018 and focuses on protecting financial customers, overseeing OTC derivative providers, and maintaining fair, efficient markets.

Classification

Tier 2

Jurisdiction

South Africa

Established

2018

Brokers Reviewed

6

Brokers Regulated by FSCA

F

FxPro

Est. 2006 · London, UK

CySECFCAFSCA
8.4
Overall Score

FxPro offers four trading platforms including its proprietary FxPro Edge, NDD execution, and strong CySEC/FCA regulation across 2,100+ instruments.

A

AvaTrade

Est. 2006 · Dublin, Ireland

CySECASICFSAFSCACBB
8.3
Overall Score

AvaTrade is one of the most widely regulated brokers globally, offering MT4/MT5, proprietary apps, options trading, and copy trading since 2006.

E

Exness

Est. 2008 · Limassol, Cyprus

FCACySECFSCA
8.0
Overall Score

Exness combines instant withdrawals, $1 minimum deposit, and competitive raw spreads with strong FCA/CySEC regulation and massive monthly volume.

H

HFM

Est. 2010 · Limassol, Cyprus

CySECFCAFSCAFSA
8.0
Overall Score

HFM (formerly HotForex) offers accessible trading from $5, quad-regulation, copy trading, and multiple account types across 1,200+ instruments.

M

Markets.com

Est. 2008 · Limassol, Cyprus

CySECFCAFSCA
7.8
Overall Score

Markets.com is a triple-regulated broker offering 2,500+ instruments through its proprietary platform and MetaTrader, with strong research tools.

I

IronFX

Est. 2010 · Limassol, Cyprus

CySECFCAFSCA
7.4
Overall Score

IronFX offers multiple account types including zero spread and STP/ECN options on MT4, with CySEC/FCA/FSCA regulation across 500+ instruments.