FSCA
Financial Sector Conduct Authority
South Africa
Tier 3 - moderate
What the FSCA does
The FSCA is South Africa's market conduct regulator for financial institutions, licensing derivative providers under the FAIS Act with a focus on fair treatment of customers.
Protections for traders
- ODP licensing for derivative providers
- Treating Customers Fairly conduct standards
- Client fund segregation requirements
- Ombud for Financial Services Providers for disputes
- Ongoing fit-and-proper testing of key personnel
Brokers licensed by the FSCA
FP Markets
Top Pick4.6(942)
ECN pricing with 10,000+ instruments
Min Dep
$100
Spread
0.0
Leverage
1:500
Affiliate link - see our Methodology
Tickmill
4.6(876)
Low commissions, no gimmicks
Min Dep
$100
Spread
0.0
Leverage
1:500
Affiliate link - see our Methodology
FxPro
4.5(1,245)
No-dealing-desk since 2006
Min Dep
$100
Spread
0.3
Leverage
1:500
Affiliate link - see our Methodology
AvaTrade
4.4(1,687)
Global broker, local support
Min Dep
$100
Spread
0.9
Leverage
1:400
Affiliate link - see our Methodology