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Financial Sector Conduct Authority official logo
Onshore

FSCAFinancial Sector Conduct Authority

About Financial Sector Conduct Authority

No Description Available

This regulator does not have a detailed description available at the moment.

Contact Information

website icon

Main Site

https://www.fsca.co.za/
live chat icon

Live chat

https://www.fsca.co.za/Customers/Pages/C...
phone icon

Phone

0800203722
hotline number

Hotline

0800 313 626
at icon

Email

[email protected]

Instruments and Trading Limits

Regulated financial instruments

forex, bond, Stocks, Fund, Derivatives, CFD

Country
South Africa
Jurisdiction
Government Reg.
Established in
1991
License search is not available for this regulator
Forex Regulation

Performance Metrics

Regulator Performance Overview

77
Overall Rating
19
Licensed Brokers
High
Transparency Index
Tier 2
Global Tier
IOSCO Member
FATF Member

Key Performance Indicators

Total Rating

460

Total cumulative score across all categories
Average Rating

77

Average score across all performance metrics
Years Active

35

Years of regulatory operation
Active Licenses

19

Currently active licenses
Regulated Instruments

6

Types of financial instruments
Geographical Coverage

1

Countries under jurisdiction

Client Protection Details

Client Fund Insurance

Insurance coverage protecting client deposits and funds

✓
Status:Up to ZAR 500,000
Coverage: Up to ZAR 500,000

Account Managed Separately

Requirement for client funds to be held separately from company funds

✗
Status:

Operational Metrics

compliance
Transparency Level

High

market
Market Position

Tier 2

Compliance Status

IOSCO Membership
Member of International Organization of Securities Commissions
✓ Compliant
FATF Membership
Financial Action Task Force compliance
✓ Compliant

Regulatory Performance Scores

Detailed assessment of regulatory capabilities and effectiveness

Good
77SCORE
Overall Rating
0
Excellent
0
Excellence Rate
80
Highest Score

Regulatory Support Features

Negative Balance Protection
Not Supported
Investment Professional
Not Supported
Account Managed Separately
Not Supported

Core Performance Metrics

Detailed breakdown of the 6 key regulatory performance indicators

License Value

Value and prestige of licenses issued by this regulator

80
out of 100
Good

Performance Summary

This regulator shows good performance with an overall score of 77.

Strongest performance in License Value

Transparency Level: high

Global Tier: tier2

IOSCO Member
FATF Member
77
Overall
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Not Supported

Negative Balance Protection

Protection against negative account balances in trading

✗
Status:Not Supported

Investment Professional Support

Access to qualified investment professionals and advisory services

✗
Status:Not Available
regulatory
Regulatory Approach

Government-regulated

Coverage
Prohibited Countries

North Korea - UN-sanctioned countries

Fund Insurance
Client fund protection schemes available
✓ Compliant
Account Managed Separately
Mandatory client account segregation
✗ Not Available
5
Above Average
Regulatory

Effectiveness of regulatory framework and enforcement

80
out of 100
Good
Institutional

Institutional strength and organizational capability

80
out of 100
Good
Risk Management

Risk assessment and management protocols

80
out of 100
Good
Investment Protection

Investor protection measures and safeguards

80
out of 100
Good
Client Fund Insurance Rating

Client fund protection and insurance coverage

60
out of 100
Average
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Licensed Brokers

Brokers authorized and regulated by this authority

10 Licensed Brokers
ACI TRADING logo

ACI TRADING

ACI Trading Ltd

60.4
Exceeded
Anguilla
B2PRIME logo

B2PRIME

B2B Prime Services EU Limited

52.4
Regulated
Cyprus
Fx-k logo

Fx-k

TRADEQUOMARKETS LTD

50
No Regulation
Saint Vincent and the Grenadines
Global GT logo

Global GT

GT IO MARKETS (PTY) LTD

48.9
Regulated
South Africa
LOYAL PRIMUS logo

LOYAL PRIMUS

Loyal Primus (Pty) Ltd

43.6
Regulated
South Africa
TibiGlobe logo

TibiGlobe

40.4
Regulated
South Africa
FX-EDGE logo

FX-EDGE

39.3
Offshore
South Africa
nrdx logo

nrdx

Heritage Limited

38.9
Regulated
Comoros
PrimeXBT logo

PrimeXBT

PrimeXBT (PTY) LTD

37.1
Regulated
South Africa
EPFX logo

EPFX

EPFX PTY LTD

33.7
Suspicious Clone
South Africa
View All Licensed Brokers
Est. 2008
FSCA
Performance Metrics (3 factors)
Regulation
66
License
65
Software
50
Spread
N/A
1:1000
1 Platform
Regulated in:
South Africa flagSouth AfricaUnited Kingdom flagUnited Kingdom
View Details
Est. 2016
CySEC
Performance Metrics (4 factors)
Regulation
48
License
76
Software
51
Account Type
35
1:500
2 Platforms
Regulated in:
Cyprus flagCyprusUnited Arab Emirates flagUnited Arab EmiratesSouth Africa flagSouth Africa+4 more licenses
View Details
Est. 2023
FSA
Performance Metrics (1 factors)
Software
50
Regulation
N/A
License
N/A
Spread
N/A
1:420
1 Platform
Regulated in:
Seychelles flagSeychellesUnited Arab Emirates flagUnited Arab EmiratesSouth Africa flagSouth Africa
View Details
Est. 2020
FSCA
Performance Metrics (4 factors)
Regulation
41
License
55
Software
50
Account Type
50
1:1000
1 Platform
Regulated in:
South Africa flagSouth AfricaSeychelles flagSeychellesVanuatu flagVanuatu+1 more licenses
View Details
FSCA
Performance Metrics (4 factors)
Regulation
16
License
57
Software
51
Account Type
50
1:2000
2 Platforms
South Africa flagSouth Africa
View Details
Est. 2022
FSCA
Performance Metrics (4 factors)
Regulation
17
License
53
Software
50
Account Type
42
1:500
1 Platform
Regulated in:
South Africa flagSouth AfricaMauritius flagMauritius
View Details
Est. 2016
FSCA
Performance Metrics (3 factors)
Regulation
18
License
48
Software
52
Spread
N/A
1:200
3 Platforms
Regulated in:
South Africa flagSouth AfricaSeychelles flagSeychellesVanuatu flagVanuatu
View Details
Est. 2024
FSCA
Performance Metrics (4 factors)
Regulation
17
License
46
Software
51
Account Type
42
1:500
2 Platforms
Regulated in:
South Africa flagSouth AfricaComoros flagComoros
View Details
Est. 2018
FSCA
Performance Metrics (4 factors)
Regulation
17
License
57
Software
50
Account Type
24
1:1000
1 Platform
Regulated in:
South Africa flagSouth AfricaMauritius flagMauritius
View Details
Est. 2022
MISA
Performance Metrics (4 factors)
Regulation
17
License
30
Software
50
Account Type
38
1:500
1 Platform
Regulated in:
Cyprus flagCyprusSouth Africa flagSouth Africa
View Details