Our Evaluation Criteria
We look at licensing, trading costs, platform reliability, support, and more to help local investors.
Regulatory Verification
We check for FSCA and international licenses to ensure brokers meet South African compliance standards.
💰 Fees and Commissions
We examine broker fees relevant to South African users, including ZAR deposit options and cost structures.
- ZAR trading fees and conversions
- Account inactivity charges
- Cost verification via live tests
🛡 Regulation & Safety
Focus on FSCA compliance, investor protection policies, and secure fund handling.
- FSCA and international licences
- Local compliance verification
- Fund security and audits
💳 Deposits & Withdrawals
Reviewing ease of ZAR deposits, withdrawal speed, and available banking options in South Africa.
- ZAR-friendly methods
- Bank transfer timelines
- eWallet and card support
📈 Platform Features
We test usability, mobile apps, and technical tools for South African traders.
- Mobile + web functionality
- Tools for analysis
- South African market compatibility
🧾 Account Registration
How simple it is to open a trading account from South Africa, including required documents.
- Local KYC process
- Minimum deposit in ZAR
- Verification speed
🌍 Markets & Products
We assess if SA users can access global instruments: shares, crypto, indices, and local markets.
- SA and global instruments
- Trading indices, stocks, crypto
- Asset class variety
📞 Customer Service
We contact local support and test real response time for South African users.
- Live chat, phone and email
- Availability in South African time zones
- Local language support
🎓 Trader Education
We check access to learning materials tailored to beginner and intermediate South African traders.
- Basic courses and videos
- Market-specific education
- Support for new traders
🔍 Market Analysis Tools
We evaluate real-time market analysis and research tools useful for SA traders.
- News and local market updates
- SA stock insights
- Economic indicators
ℹ️ Company Profile
We verify broker reputation, company history, and track record in South Africa.
- Operational transparency
- FSCA registration checks
- Community trust
Final Verdict
A trustworthy platform in South Africa must be licensed, transparent, and offer fair terms to local users.