There are many forex brokers that operate in South Africa, but only the forex brokers that are regulated by the Financial Sector Conduct Authority (FSCA) are legal & considered safe for South African traders.
Also note that there are several unregulated and illegal brokers that accept clients from South Africa. Most of these fake brokers do not have licenses from any Tier-1 or Tier-2 regulators.
Or they may have their…
