The Financial Sector Conduct Authority (FSCA) is the regulatory body responsible for overseeing financial institutions and market conduct in South Africa. Established in 2018 as the successor to the Financial Services Board (FSB), the FSCA’s main objective is to ensure fair treatment of financial consumers, integrity of financial markets, and stability of the financial system.
It supervises a wide range of entities — including Forex and CFD brokers, insurers, retirement funds, and financial advisors — ensuring they operate transparently and comply with South Africa’s Financial Sector Regulation Act (FSR Act).
Holding an FSCA license demonstrates that a broker or financial firm meets strict standards of capital adequacy, risk management, client fund protection, and ethical conduct, offering South African traders a secure and regulated trading environment.