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FSCA

Financial Sector Conduct Authority · South Africa

What a Tier 2 regulator means

Recognised national regulator (incl. smaller EU MiFID regulators) with client-money rules but less capacity or weaker compensation. We use this tier in the regulation part of every Editor Rating. How regulator tiers work.

Where a FSCA licence counts on Coinish

No live Coinish country treats it as the local regulator, so its licensees appear only where that country’s rules allow a foreign licence.

How to check a FSCA licence

  1. Open the FSCA public register and search for the company name or licence number shown in the broker’s website footer.
  2. Check the legal name matches the company named in your account agreement: brokers often run several companies under one brand.
  3. Check the licence is current and covers the service you want (for example dealing in CFDs or holding client money).

Tracked entities licensed by FSCA

BrokerEntityLicenceServes
AvaTradeAva Capital Markets PtyFSCA 45984South Africa
FP MarketsFP Markets (Pty) LtdFSP 50926South Africa
Trade NationTrade Nation Financial (Pty) LtdFSP 49846South Africa