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PipDig adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts works to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here.
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The brokers below hold a registration in South Africa according to our research records. They are grouped by what has actually been confirmed: a registration checked against the public register of the FSCA on a stated day comes first, then registrations recorded but not yet checked, then registrations carrying a register status this site does not interpret, then any the register shows as no longer current.
Who is on this page: Every broker record holding a registration in South Africa (ZA), whether or not it has been checked against the register yet.
Ordered by how much of the broker's own published terms we have checked, then alphabetically — this is not a quality ranking.
8 of the 198 broker records we hold qualify for this page.
Each broker below holds at least one registration in this jurisdiction that was read off the regulator's own public register on the date shown. A card's chips are the registrations we hold for that broker, wherever they are held and whatever the register says of them, so a chip on this card may be neither in this jurisdiction nor current — the label on it says which.
Legal entity on record: Vunani Securities (Pty) Ltd
It is the licence number the FSCA issues to an authorised financial services provider. Any broker soliciting South African clients should display one, and you can verify it on the FSCA website before depositing.
A ZAR base account avoids conversion costs on every deposit and withdrawal, which adds up. A USD account can make sense if you are funding from an offshore source, but check the broker's conversion spread — it is often wider than a bank's.
Yes. South African residents have an annual single discretionary allowance and a foreign investment allowance governing how much money can leave the country. Brokers with a local entity and local bank deposits sidestep the issue entirely.
All 3 brokers above whose own published terms we hold. A cell reading not checked means nobody has read that figure off the broker's pages yet — it is not a finding that the broker lacks it.
| Broker | Licences checked in ZA | Platforms published | Minimum deposit published | Max advertised retail leverage | Demo | Raw-spread account | Swap-free account |
|---|---|---|---|---|---|---|---|
| Moneta Markets | 1register entry, read 2026-09-19 | MetaTrader 4, MetaTrader 5, Proprietary web platformSource, read 2026-10-05 | 50 USD (the lowest in the accounts we read)Source, read 2026-10-05 | 1000:1 (SLIBC LC, advertised)Source, read 2026-10-05 | yes, no stated expirySource, read 2026-10-05 | publishedSource, read 2026-10-05 | not in the account list we readSource, read 2026-10-05 |
| FXGT | 1register entry, read 2026-09-23 | MetaTrader 4, MetaTrader 5Source, read 2026-10-05 | 0 USD (the lowest in the accounts we read)Source, read 2026-10-05 | 5000:1 (FSA_SC SC, advertised)Source, read 2026-10-05 | not checked | publishedSource, read 2026-10-05 | not in the account list we readSource, read 2026-10-05 |
| VT Markets | 1register entry, read 2026-09-19 | MetaTrader 4, MetaTrader 5, TradingViewSource, read 2026-10-05 | 50 USD (the lowest in the accounts we read)Source, read 2026-10-05 | not checked | yes, 90 daysSource, read 2026-10-05 | publishedSource, read 2026-10-05 | publishedSource, read 2026-10-05 |
Moneta Markets
FXGT
VT Markets
Each summary below is generated from the records on this page and nothing else.
Two dated sources sit behind this page: our research records of each broker's registrations, and the pages the broker publishes itself. How much of that was confirmed on a regulator's own public register is counted in the paragraph below, from the registrations this page actually prints — the label beside each one says which it is. Where a broker publishes the base currencies of its accounts we print them, with the page they came from and the day it was read, because a ZAR account avoids a double conversion; the cost of that conversion is not published by brokers and is not measured here.
Our research hub holds 198 broker records for this site. Of the 9 registrations listed above, 8 were read on the regulator's own public register on the date shown. Of the rest, 1 is on record and not yet confirmed on a register — the label beside each one says which. Each one links to the register entry. The 22 figures on this page beyond those registrations were transcribed from a page the broker publishes them on, and each one links to that page with the date somebody read it. Where a date is old, treat the figure as old — brokers change pricing and licences without telling us.
The FSCA licence is the entry ticket, but local funding rails are what actually save money here. A cheaper spread rarely covers a poor conversion rate applied twice.