{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/forex-brokers\/fsca-regulated-brokers\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/forex-brokers\/fsca-regulated-brokers\/","headline":"The Best FSCA Regulated Forex Brokers 2022","name":"The Best FSCA Regulated Forex Brokers 2022","description":"Are you looking for the best Forex brokers that are regulated by South Africa&#8217;s FSCA to make sure you are getting the very best trading conditions and your trading funds are safe? You are in the right place! In this post we go through the best Forex brokers that are regulated by the FSCA in [&hellip;]","datePublished":"2021-01-15","dateModified":"2022-05-17","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2021\/01\/fsca.jpg","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2021\/01\/fsca.jpg","height":"127","width":"305"},"url":"https:\/\/forexschoolonline.com\/forex-brokers\/fsca-regulated-brokers\/","about":["Metatrader | MT4 | MT5 | Brokers"],"wordCount":2243,"articleBody":"Are you looking for the best Forex brokers that are regulated by South Africa&#8217;s FSCA to make sure you are getting the very best trading conditions and your trading funds are safe?You are in the right place!In this post we go through the best Forex brokers that are regulated by the FSCA in South Africa.These brokers all have different features and you will be able to find a broker to suit you depending on whether you need a broker with a small minimum deposit, a broker with a mobile trading platform or Metatrader or a broker that has top of the line customer support.      Tama\u00f1o de mi operaci\u00f3n              \u20ac 1,000 (0.01 lots)                                                          EUR\/USD                                                                                                                                  \t\t\t                                              More Filters\t\t        \t\tClose Filters\t\t                    Sort By                                        \t\t\t\t\t\t\t\t\t\t\t\tRating\t\t\t\tPrice\t\t\t\t\t\t\t\t                                                 4 Provider that match your filters Providers that match your filters                                          Payment methods                                                                                                            Bank Transfer                       \t\t                                                                                    Credit Card                                                                                                                  Paypal                                                                                                                  Sepa Transfer                                                                                                                  Skrill                                                                                                                  Sofort                                                                                                                  Giropay                                                                                                                  Neteller                                                            Trading platforms                                                                Demo                                                                                                                                          Webtrader                                                                                                                                          Copytrading                                                                                                                                          Mt4                                                                                          \t\t                                        STP\/DMA                                                                                          \t\t                                        Ctrader                                                                                          \t\t                                        MT5                                                                                          \t\t                                        Avasocial                                                                                          \t\t                                        Ava Options                                                                                                                                Regulated by                                                                FCA                                                                      CYSEC                                                                      ASIC                                                                      CFTC                                                                      NFA                                                                      BAFIN                                                                      CMA                                                                      SCB                                                            Support                                                                Very Good                                                                      Good                                                                      Average                                                                      Bad                                                          Min.Deposit                 \u20ac 1                                            Leverage max                    1                         \t          Currency Pairs                    1+                                      Classification                    1or more                        \t          Mobile App                    1or more                                      Remove Filter                        \t   Apply Filter               No results found    Trying adjusting the filter to see some results.                                    Recommended                                                                                                                                       Rating                                                                          Total cost          \u20ac0              \t\t\t  \t\t\t\t\t\t\t\t\t\t\tCommission\t\t\t\t\t\t\t\t\t\t3.5\t\t\t\t\t\t\t\t\t                                                Mobile App                      10\/10                                                                                                  Min.Deposit            \u20ac250                                Spread min.            Variables pips                                 Leverage max            100                                Currency Pairs            40                            Trading platforms \t\t\t\t\t\t\t\tDemo\t\t \t\t\t\t\t\t\t\tWebtrader\t\t \t\t\t\t\t\t\t\tMt4\t\t \t\t\t\t\t\t\t\tMT5\t\t         \t\t\t\tFunding Methods\t\t\t\t                                                                                                                                                                                                                          \t\t\t                                                                        What you can trade                                                       Forex                                                                                                                               Indices                                                                                                                               Actions                                                                                                                               Cryptocurrencies                                                                                                                               Raw Materials                                                                                                                                                                            Average spread                                                      EUR\/GBP                                                        -                                                                                        EUR\/USD                                                        -                                                                                        EUR\/JPY                                                        0.3                                                                                        EUR\/CHF                                                        0.2                                                                                        GBP\/USD                                                        -                                                                                        GBP\/JPY                                                        0.1                                                                                        GBP\/CHF                                                        0.3                                                                                        USD\/JPY                                                        -                                                                                        USD\/CHF                                                        0.2                                                                                        CHF\/JPY                                                        0.3                                                                              Additional Fee                                                      Continuous rate                                                        Variables                                                                                        Conversi\u00f3n                                                        Variables pips                                                                                                      Regulation                                                      No                                                        FCA                                                                                        No                                                        CySEC                                                                                        No                                                        ASIC                                                                                        No                                                        CFTC                                                                                        No                                                        NFA                                                                                        No                                                        BAFIN                                                                                                            Review          Open Account                          71% of retail investor accounts lose money when trading CFDs with this provider.                                 Rates and assets                                                                                                             Rating                                                                          Total cost          \u20ac0              \t\t\t  \t\t\t\t\t\t\t\t\t\t\tCommission\t\t\t\t\t\t\t\t\t\t-\t\t\t\t\t\t\t\t\t                                                Mobile App                      10\/10                                                                                                  Min.Deposit            \u20ac100                                Spread min.            -                                 Leverage max            400                                Currency Pairs            50                            Trading platforms \t\t\t\t\t\t\t\tDemo\t\t \t\t\t\t\t\t\t\tWebtrader\t\t \t\t\t\t\t\t\t\tMt4\t\t \t\t\t\t\t\t\t\tMT5\t\t \t\t\t\t\t\t\t\tAvasocial\t\t \t\t\t\t\t\t\t\tAva Options\t\t         \t\t\t\tFunding Methods\t\t\t\t                                                                                                                             \t\t\t            Regulated by            CYSECASICCBFSAIBVIFSCFSCAFSAFFAJADGMFRSA                                                                                  What you can trade                                                       Forex                                                                                                                               Indices                                                                                                                               Actions                                                                                                                               Cryptocurrencies                                                                                                                               Raw Materials                                                                                                                               Etfs                                                                                                                                                                            Average spread                                                      EUR\/GBP                                                        1                                                                                        EUR\/USD                                                        0.9                                                                                        EUR\/JPY                                                        1                                                                                        EUR\/CHF                                                        1                                                                                        GBP\/USD                                                        1                                                                                        GBP\/JPY                                                        1                                                                                        GBP\/CHF                                                        1                                                                                        USD\/JPY                                                        1                                                                                        USD\/CHF                                                        1                                                                                        CHF\/JPY                                                        1                                                                              Additional Fee                                                      Continuous rate                                                        -                                                                                        Conversi\u00f3n                                                        -                                                                                                      Regulation                                                      No                                                        FCA                                                                                        Yes                                                        CySEC                                                                                        Yes                                                        ASIC                                                                                        No                                                        CFTC                                                                                        No                                                        NFA                                                                                        No                                                        BAFIN                                                                                                            Review          Open Account                          71% of retail investor accounts lose money when trading CFDs with this provider.                                 Rates and assets                                                                                                             Rating                                                                          Total cost          \u20ac0.00              \t\t\t  \t\t\t\t\t\t\t\t\t\t\tCommission\t\t\t\t\t\t\t\t\t\t0.00\t\t\t\t\t\t\t\t\t                                                Mobile App                      10\/10                                                                                                  Min.Deposit            \u20ac100                                Spread min.            1.3 pips                                 Leverage max            100:1                                Currency Pairs            50                            Trading platforms \t\t\t\t\t\t\t\tDemo\t\t \t\t\t\t\t\t\t\tWebtrader\t\t \t\t\t\t\t\t\t\tMt4\t\t \t\t\t\t\t\t\t\tMT5\t\t         \t\t\t\tFunding Methods\t\t\t\t                                                              \t\t\t            Regulated by            CYSECCFTCNFA                                                                                  What you can trade                                                       Forex                                                                                                                               Indices                                                                                                                               Actions                                                                                                                               Cryptocurrencies                                                                                                                               Raw Materials                                                                                                                                                                            Average spread                                                      EUR\/GBP                                                        1.5                                                                                        EUR\/USD                                                        1.3                                                                                        EUR\/JPY                                                        1.6                                                                                        EUR\/CHF                                                        3.1                                                                                        GBP\/USD                                                        1.9                                                                                        GBP\/JPY                                                        3.6                                                                                        GBP\/CHF                                                        4.2                                                                                        USD\/JPY                                                        1.5                                                                                        USD\/CHF                                                        2.0                                                                                        CHF\/JPY                                                        -                                                                              Additional Fee                                                      Continuous rate                                                        -                                                                                        Conversi\u00f3n                                                        1.3 pips                                                                                                      Regulation                                                      No                                                        FCA                                                                                        No                                                        CySEC                                                                                        No                                                        ASIC                                                                                        Yes                                                        CFTC                                                                                        Yes                                                        NFA                                                                                        No                                                        BAFIN                                                                                                            Review          Open Account                          CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.                                 Rates and assets                                                                                                             Rating                                                                          Total cost          \u20ac0.11              \t\t\t  \t\t\t\t\t\t\t\t\t\t\tCommission\t\t\t\t\t\t\t\t\t\t0.11\t\t\t\t\t\t\t\t\t                                                Mobile App                      9\/10                                                                                                  Min.Deposit            \u20ac0                                Spread min.            0.0 pips                                 Leverage max            2:1                                Currency Pairs            50                            Trading platforms \t\t\t\t\t\t\t\tDemo\t\t \t\t\t\t\t\t\t\tWebtrader\t\t \t\t\t\t\t\t\t\tMt4\t\t \t\t\t\t\t\t\t\tSTP\/DMA\t\t         \t\t\t\tFunding Methods\t\t\t\t                                                                                                                                                                                                                          \t\t\t            Regulated by            CYSECASIC                                                                                  What you can trade                                                       Forex                                                                                                                               Indices                                                                                                                               Actions                                                                                                                               Cryptocurrencies                                                                                                                               Raw Materials                                                                                                                               Etfs                                                                                                                                                                            Average spread                                                      EUR\/GBP                                                        0.0                                                                                        EUR\/USD                                                        0.0                                                                                        EUR\/JPY                                                        0.0                                                                                        EUR\/CHF                                                        0.0                                                                                        GBP\/USD                                                        0.0                                                                                        GBP\/JPY                                                        0.0                                                                                        GBP\/CHF                                                        0.0                                                                                        USD\/JPY                                                        0.0                                                                                        USD\/CHF                                                        0.0                                                                                        CHF\/JPY                                                        0.0                                                                              Additional Fee                                                      Continuous rate                                                        -                                                                                        Conversi\u00f3n                                                        0.0 pips                                                                                                      Regulation                                                      No                                                        FCA                                                                                        No                                                        CySEC                                                                                        Yes                                                        ASIC                                                                                        No                                                        CFTC                                                                                        No                                                        NFA                                                                                        No                                                        BAFIN                                                                                                            Review          Open Account                          Trading leveraged products such as CFDs involves substantial risk of loss and may not be suitable for all investors. 83% of retail investor accounts lose money when trading CFDs with this provider. Trading such products is risky and you may lose all of your invested capital.                                 Rates and assets                     &nbsp;Compare Forex Brokers Fees:Use our side-by-side comparison table to compare Forex broker accounts, spreads and fees.               \t\t                 \t\t                \t\t\t\t\t\t\t\t\t                        Recommended                            8cap    Visit Broker    71% of retail investor accounts lose money when trading CFDs with this provider....                                Forex.com    Visit Broker    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money....                                VantageFX    Visit Broker    CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money....                                AvaTrade    Visit Broker    71% of retail investor accounts lose money when trading CFDs with this provider....                                                            Rating\t\t\t\t5\t\t\t\t4.5\t\t\t\t5\t\t\t\t5\t\t Mobile App\t\t\t\t\t10\/10\t\t\t\t\t10\/10\t\t\t\t\t10\/10\t\t\t\t\t10\/10\t\t Regulation\t\t\t\t\t\t\t\t\t\tCFTCNFA\t\t\t\t\t\t\t\t\t\tCYSECASICCBFSAIBVIFSCFSCAFSAFFAJADGMFRSA        Bill      Min.Deposit      $250$100$200$100                  Leverage max        100 100:1 500 400                Forex pairs      40 50 40 50    \t \t\t   \t           Fees & spreads              EUR\/GBP      N\/A 1.5 N\/A 1       EUR\/USD      N\/A 1.3 N\/A 0.9               EUR\/JPY      0.3 1.6 N\/A 1             EUR\/CHF      0.2 3.1 N\/A 1           GBP\/USD      N\/A 1.9 N\/A 1             GBP\/JPY      0.1 3.6 N\/A 1           GBP\/CHF      0.3 4.2 N\/A 1             USD\/JPY      N\/A 1.5 N\/A 1           USD\/CHF      0.2 2.0 N\/A 1             CHF\/JPY      0.3 N\/A N\/A 1           EUR\/RUB      - N\/A N\/A 1             USD\/RUB      - N\/A N\/A 1               Additional Fee              Continuous Fee      VariablesN\/AN\/AN\/A              Conversion Fee      Variablespips1.3pipsN\/AN\/A                  Trading platforms              Demo                  Webtrader                Copytrading          \t      Mt4                   STP\/DMA          \t      Ctrader          \t       MT5          \t      Avasocial          \t       Ava Options          \t      Leverage              FCA                  CYSEC                ASIC          \t      CFTC                   NFA          \t      BAFIN          \t       CMA          \t      SCB          \t       DFSA          \t      CBFSAI          \t       BVIFSC                FSCA          \t       FSA                FFAJ          \t       ADGM                FRSA          \t      Active              Forex                      Indices                    Actions              \t      Cryptocurrencies                       Raw Materials              \t      Etfs              \t \t          Additional characteristics          Islamic Account               \t      Education & Webinars                    Charts & Tools               \t      Scalping                    Spread Betting               \t      Automated Trading                    Free Forex Signals               \t\t      Payment methods               Bank Transfer                        Credit Card               \t      Giropay                        Neteller                        Paypal                        Sepa Transfer                        Skrill                        Sofort                   Best FSCA Regulated Forex BrokersPlus500Plus500RegulationMin DepositPlatformOpen an AccountFSCA, ASIC, FCA + Others$100Plus500 platform Trade NowPros: Easy to use trading platform. Smaller minimum deposit. Quick and easy to open an account. Fast and helpful customer support. Cons: Some countries not accepted. Educational resources not as great as others.Plus500 is a market maker broker that offers their own trading platform that is very easy to use.This broker offers trading on pretty much every market you could think of. If you cannot find what you are looking for on another broker, then Plus500 is probably for you. After signing up you get access to everything from Forex through to options and even ETF trading.Plus500 offers large leverage, very small spreads and no commission trading making it a very good options for many different types of trading strategies. Trade NowYour capital is at risk.AvaTradeAvatradeRegulationMin DepositPlatformMetaTrader 5FSCA, ASIC + Others$100MT4, MT5 Ava Platforms Trade NowPros: They allow many different trading techniques. Many assets. 30 different languages. They offer Islamic accounts. Cons: Minimum deposits sizes. Inactivity and overnight fees. US and Belgian customers are not accepted.AvaTrade was established in 2006. They are highly reputable and are regulated by 7 jurisdictions.This strong regulation allows AvaTrade to reach offer products to most parts of the world including the UK, Singapore, Australia,and the Middle East. Note: clients from the US or Belgium are not accepted.AvaTrade offers a variety of assets and it is one of the best brokers for forex trading because it has 50 currency pairs that range from major, minor and exotic.Along with being able to trade a huge range of Forex pairs you can also trade options, ETFs, bonds and commodities.AvaTrade offers many different account types, and the availability will vary depending on the jurisdictions. The options are retail, professional, options, spread betting, and standard. A demo account, and Islamic accounts are also a possibility.Another large bonus of AvaTrade is that they offer their services in 30 x different languages. Trade NowYour capital is at risk.FP MarketsFP MarketsRegulationMin DepositPlatformOpen an AccountFSCA, ASIC, CySec.\u00a0$100MT4, MT5 and IRESS Trade NowPros: No withdrawal or deposit fees. Customer support through whatsapp messages. A demo account is offered. Cons: Inactivity fee after three months. They do not have a very complete educational section.FP Markets is also an Australian based broker that is regulated by ASIC.This broker has been around a long time as it was founded in 2005. With FP Markets you have many different deposit and withdrawal options including all the major cards and Paypal.FP markets offer a large range of education and market analysis and along with their MT5 charts, they also offer other trading platforms to suit your individual needs including IRESS. Trade NowYour capital is at risk.FXCMFXCMRegulationMin DepositPlatformOpen an AccountFSCA, FCA, ASIC + others.$300Trading Station, MT4 and NinjaTrader Trade NowPros: Very good education available. Easy to quickly open an account. Multiple account types available. Low spreads. Cons: Not as many markets as others. Higher minimum deposit.FXCM is a leading global broker that has been offering it&#8217;s services since 1999.FXCM has a huge range of trading services that include foreign exchange (FX) trading, CFD trading and spread betting. With FXCM you have access to multiple trading platforms, tools and premium resources to help you gain an edge over the markets.One of the reasons so many choose to trade with FXCM is because of their extensive range of markets you can trade. You get access to everything from Forex, shares, cryptocurrencies, commodities and indices. Trade NowYour capital is at risk.HotForexHotForexRegulationMin DepositPlatformOpen an AccountFSCA, FCA and others$5MT4 and MT5 Trade NowPros: Offer both MT4 and Mt5 platforms. Very small $5 minimum deposit. Offer PAMM trading. A large range of education. Leverage up to 1: 1,000 Cons: List of countries not accepted as traders including US. No cTrader platform available.HotForex is a broker that in known for their small trading costs and flexible leverage that goes right up to 1: 1,000.With HotForex you get the use of MT4 and MT5 that are available on desktop and all mobile platforms such as iPhone, iPad and Android.One of the reasons so many traders choose HotForex is because of their PAMM accounts. With these accounts you can either follow other profitable traders or create your own fund. If you create your own PAMM account, then you can start making extra profits as people start following your trades.Another major reason that HotForex is so popular is because of their large range of bonuses. Unlike many brokers where you only get a deposit bonus, HotForex offer you different bonus structures to suit you. These range from credit bonus to account rescue bonuses.You can try out HotForex and their bonuses below. Trade NowYour capital is at risk.Who is FSCA?The FSCA is the South African regulator of financial institutions.The FSCA regulates financial products and financial services, financial institutions that are licensed in terms of a financial sector law, including banks, insurers, retirement funds and administrators, and market infrastructures.&nbsp;Why Would You Want an FSCA Regulated Broker?If you are a South African looking to trade the market, then trading with a broker that is regulated in your own country will give you the best trading conditions.Using a broker that is regulated in your own country will make sure your trading capital is safe and that you are getting good trading conditions.Trading with a FSCA registered Forex broker will give you peace of mind that not only is your capital safe, but if something does go wrong with your broker, then you have a complaint process in place to sort out any issues.&nbsp;How You Can Check the FSCA RegisterIf you want to see if a broker is registered with the FSCA in South Africa, then you can find the register at this link here.Following that link and using that register will allow you to search and make sure that the broker you are looking to trade with is correctly registered with the FSCA.&nbsp;How to Make a Complaint to the FSCATo make a complaint about a Forex broker that is regulated by the FSCA that you think has carried out misconduct, fill out the form on the FSCA website here.The complaint form is easy to fill out and the FSCA can help you with any questions you have.&nbsp;FAQ&#8217;s                    \t\t\t\tWhat is the FSCA?                \t\t\t\t\t                    \t\t\t\t\t\tThe FSCA is the South African regulator of financial institutions. The FSCA regulated financial products and financial services, financial institutions that are licensed in terms of a financial sector law, including banks, insurers, retirement funds and administrators, and market infrastructures.                                                        \t\t                    \t\t\t\tWhere can I find the FSCA register?                \t\t\t\t\t                    \t\t\t\t\t\tIf you want to see if a broker is registered with the FSCA you can find the register at this link here; https:\/\/www.fsca.co.za\/Fais\/Search_FSP.htm                                                        \t\t                    \t\t\t\tHow can I make a complaint to the FSCA?                \t\t\t\t\t                    \t\t\t\t\t\tTo make a complaint about a Forex broker that is regulated by the FSCA that you think has carried out misconduct, fill out the form on the FSCA website here; https:\/\/www.fsca.co.za\/MagicScripts\/mgrqispi.dll?APPNAME=Web&amp;PRGNAME=Complaints2                                                        \t\t    {\t\t\"@context\": \"https:\/\/schema.org\",\t\t\"@type\": \"FAQPage\",\t\t\"mainEntity\": [\t\t\t\t{\t\t\t\t\"@type\": \"Question\",\t\t\t\t\"name\": \"What is the FSCA?\",\t\t\t\t\"acceptedAnswer\": {\t\t\t\t\t\"@type\": \"Answer\",\t\t\t\t\t\"text\": \"The FSCA is the South African regulator of financial institutions. The FSCA regulated financial products and financial services, financial institutions that are licensed in terms of a financial sector law, including banks, insurers, retirement funds and administrators, and market infrastructures.\"\t\t\t\t\t\t\t\t\t}\t\t\t}\t\t\t,\t\t\t\t{\t\t\t\t\"@type\": \"Question\",\t\t\t\t\"name\": \"Where can I find the FSCA register?\",\t\t\t\t\"acceptedAnswer\": {\t\t\t\t\t\"@type\": \"Answer\",\t\t\t\t\t\"text\": \"If you want to see if a broker is registered with the FSCA you can find the register at this link here; https:\/\/www.fsca.co.za\/Fais\/Search_FSP.htm\"\t\t\t\t\t\t\t\t\t}\t\t\t}\t\t\t,\t\t\t\t{\t\t\t\t\"@type\": \"Question\",\t\t\t\t\"name\": \"How can I make a complaint to the FSCA?\",\t\t\t\t\"acceptedAnswer\": {\t\t\t\t\t\"@type\": \"Answer\",\t\t\t\t\t\"text\": \"To make a complaint about a Forex broker that is regulated by the FSCA that you think has carried out misconduct, fill out the form on the FSCA website here; https:\/\/www.fsca.co.za\/MagicScripts\/mgrqispi.dll?APPNAME=Web&amp;PRGNAME=Complaints2\"\t\t\t\t\t\t\t\t\t}\t\t\t}\t\t\t\t    ]}"}