FSCA Regulated Forex Brokers 2026
Top forex brokers regulated by the South African Financial Sector Conduct Authority (FSCA), offering protection for African traders.
Written by
Sarah Chen
Fact Checked by
James Anderson
Why Choose FSCA Regulated Forex Brokers?
The FSCA (Financial Sector Conduct Authority) is South Africa's market conduct regulator for financial institutions. FSCA-regulated brokers must maintain adequate capital, segregate client funds, and follow fair trading practices. For traders in Africa seeking local regulatory oversight, FSCA regulation provides important protection and accountability.
What is FSCA regulation?
The FSCA (Financial Sector Conduct Authority) is South Africa's market conduct regulator. It replaced the old FSB and ensures financial service providers treat customers fairly and meet operational standards.
FSCA Regulation Details
Compare FSCA FSP numbers and regulatory status.
| Broker | ||
|---|---|---|
| HFM | 46632 | 2016 |
| FXTM | 46614 | 2016 |
| AvaTrade | 45984 | 2015 |
| ThinkMarkets | 49835 | 2018 |
| Exness | 51024 | 2020 |
| XM | Not FSCA | N/A |
| Pepperstone | 46862 | 2016 |
| Tickmill | 49464 | 2017 |
| OctaFX | Not FSCA | N/A |
| Plus500 | 47546 | 2017 |
Detailed Broker Analysis
FSCA-regulated with ZAR accounts.
HFM holds FSCA FSP 46632 and offers ZAR-denominated accounts. Zero minimum deposit with local South African bank transfers.
Strong FSCA presence with education.
FXTM holds FSCA FSP 46614 with a dedicated South African office. Excellent education and webinars for African traders.
FSCA-regulated with local support.
AvaTrade holds FSCA FSP 45984 and offers ZAR accounts with AvaProtect risk management. Comprehensive education available.
FSCA-regulated with ThinkZero.
ThinkMarkets holds FSCA FSP 49835 and offers ThinkZero accounts with raw spreads. No inactivity fees and ZAR support.
FSCA-regulated with instant withdrawals.
Exness holds FSCA FSP 51024 and offers high leverage up to 1:2000. Zero minimum deposit with instant withdrawals.
Frequently Asked Questions
Top FSCA Regulated Forex Brokers
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January 2026