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R RandBroker

AvaTrade Review

Est. 2006 · AvaPartner

FSCA FSP 45984

Verify this broker on the FSCA register before depositing.

By RandBroker Editorial · How we rate brokers

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Is AvaTrade regulated in South Africa? AvaTrade is FSCA-regulated (FSP 45984, Ava Capital Markets Pty Ltd). Sources conflict on whether AvaTrade holds an FSCA ODP licence; some indicate South African clients are onboarded via its BVI entity (Ava Trade Markets Ltd), which would not carry FSCA compensation-scheme protection — verify before featuring the ODP/onshore angle.

Important caveat

Sources conflict on whether AvaTrade holds an FSCA ODP licence; some indicate South African clients are onboarded via its BVI entity (Ava Trade Markets Ltd), which would not carry FSCA compensation-scheme protection — verify before featuring the ODP/onshore angle.

FSCA regulation & ODP status

  • FSCA FSP: 45984 (entity: Ava Capital Markets Pty Ltd) — pending live-register confirm.
  • Own ODP licence: No own ODP — see caveat above.

Other authorisations: —.

ZAR support & funding

ZAR support unverified. Funding methods, fees and processing times vary by entity and currency — check the broker's funding page, and read our guide on funding a forex account in ZAR (FICA/KYC).

Platforms

MT4, MT5, AvaTradeGO, WebTrader.

Fees & minimum deposit

Minimum deposits and spreads vary by account type and change often — check the current figures on the broker's site. We do not publish a figure until a hands-on review.

How to verify before you deposit

  1. Note the exact legal entity name on the broker's site that serves South Africa.
  2. Search that entity (and FSP number) on the official FSCA register.
  3. Confirm the authorisation is current and, if you need onshore CFDs, that the entity holds an ODP licence.
See AvaTrade on the South Africa broker shortlist The full FSCA/FAIS/ODP picture plus the FSP-vs-ODP comparison for every broker we cover.
FSCA enforcement data: how the regulator polices unlicensed forex activity Official FSCA Regulatory Actions Report figures — the regulatory context behind every licence check on this site. Compare confirmed FSCA-ODP / FSP brokers Exness and Scope Markets SA hold their own FSCA ODP licence; XM and Tickmill hold a confirmed FSCA FSP — see how AvaTrade compares.