FSCA
Financial Sector Conduct Authority - South Africa's financial markets regulator.
The FSCA is South Africa's financial services regulator, which replaced the FSB. It regulates OTC derivative providers including forex brokers and has aligned with international standards.
FSCA (Financial Sector Conduct Authority) is South Africa's financial services regulator, replacing the former FSB. It regulates OTC derivative providers including forex brokers and has increasingly aligned with international standards. See our full FSCA regulation guide and our guide to trading in South Africa.
How It Works
- Regulates financial services in South Africa
- ODP (Over-the-Counter Derivative Provider) license for forex
- Requires segregated client funds
- No ESMA-style leverage restrictions
Trading Tips
FSCA regulation has strengthened in recent years
Popular with brokers targeting African markets
Verify license on FSCA website
Related Terms
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