Regulator Comparison
Compare regulators side by side
Pick up to 3 authorities and compare leverage caps, compensation schemes, client-money rules and investor protections — from strict onshore regimes to lighter offshore frameworks.
🇿🇦FSCA
Attribute
Jurisdiction
South Africa
Region
Africa
Investor protection strength
Moderate
Moderate oversight
Leverage cap (retail)
No hard cap (broker discretion)
Compensation scheme
No central compensation scheme
Client-money rules
Client funds should be held separately from company funds.
Licence categories
- Financial Services Provider (FSP) licence
- Derivatives / OTC provider authorisation
Investor protections
- Treating Customers Fairly (TCF) framework
- FAIS Ombud for complaints
- Disclosure and suitability requirements
Brokers on BrokerBazaar
This comparison is educational reference material and not financial or legal advice. Rules change over time — always confirm a broker's licence and current protections on the regulator's official register before trading. Offshore regimes are described factually in terms of oversight and leverage, not as an assessment of any individual broker.