FSCA-Regulated Forex Brokers
Brokers in our database with an entity licensed by the FSCA, with licence numbers and our verification status.
These brokers have a legal entity licensed by the FSCA. A licence in the group only protects you if that entity is the one you open your account with, which is normally the case for residents of South Africa.
What to check before choosing
Open the broker’s review and find the FSCA row in the entity table. Look the licence number up on the official register and make sure the legal name and website match. If you live elsewhere, change the country at the top of the page to see which entity would serve you instead.
How this list is ranked: brokers must match the criteria above and hold at least one tier 1 or tier 2 licence. They are then ordered by Dossier Score. Measured trading cost is not part of the ranking yet. Methodology.
| Broker | Dossier Score | Entity serving you | Min. deposit | Platforms | Actions |
|---|---|---|---|---|---|
| 1 Plus500 Founded 2008 Listed | 62 | Plus500SEY Ltd FSA Seychelles #SD039 Tier 3 (offshore) | $100 | Own platform | Review Visit siteAffiliate link |
| 2 AvaTrade Founded 2006 | 50 | Ava Trade Markets Ltd BVI FSC #SIBA/L/13/1049 Tier 3 (offshore) | $100 | MT4MT5Own platform | Review Visit siteAffiliate link |
| 3 Admirals Founded 2001 | 48 | Admirals SC Ltd FSA Seychelles #SD073 Tier 3 (offshore) | $100 | MT4MT5 | Review Visit siteAffiliate link |
| 4 ThinkMarkets Founded 2010 | 48 | TF Global Markets Int Limited FSA Seychelles #SD060 Tier 3 (offshore) | $0 | MT4MT5TradingViewOwn platform | Review Visit siteAffiliate link |
| 5 Vantage Founded 2009 | 46 | Vantage Global Limited VFSC #700271 Tier 3 (offshore) | $50 | MT4MT5TradingViewOwn platform | Review Visit siteAffiliate link |
| 6 Exness Founded 2008 | 42 | Exness (SC) Ltd FSA Seychelles #SD025 Tier 3 (offshore) | $10 | MT4MT5Own platform | Review Visit siteAffiliate link |
| 7 HFM Founded 2010 | 42 | HF Markets (Seychelles) Ltd FSA Seychelles #SD015 Tier 3 (offshore) | $0 | MT4MT5Own platform | Review Visit siteAffiliate link |
| 8 FxPro Founded 2006 | 40 | FxPro Global Markets Ltd SCB #SIA-F184 Tier 3 (offshore) | $100 | MT4MT5cTraderOwn platform | Review Visit siteAffiliate link |
| 9 Tickmill Founded 2014 | 38 | Tickmill Ltd FSA Seychelles #SD008 Tier 3 (offshore) | $100 | MT4MT5TradingView | Review Visit siteAffiliate link |
| 10 FP Markets Founded 2005 | 30 | FP Markets LLC SVG FSA Registration only | $100 | MT4MT5cTraderTradingView | Review Visit siteAffiliate link |
| 11 Octa Founded 2011 | 16 | Octa Markets Ltd Unregulated | $25 | MT4MT5Own platform | Review Visit siteAffiliate link |
Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.
CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.