Guides
Forex guides for South Africa
Independent, honest, licence-checked. We explain how FSCA regulation, the ODP licence, ZAR funding and SARS tax actually work — so you can choose a broker safely. We never publish guaranteed returns, invented numbers, or financial advice.
FSCA and FAIS explained: South Africa's forex regulator, and why a comparison site sits outside FAIS
What the FSCA is, what the FAIS Act regulates (advice and intermediary services), and why a pure no-advice comparison publisher like RandBroker sits outside FAIS licensing. Independent and honest. Trading is high-risk.
Read the guide →What is an ODP licence — and why it matters for South African CFD traders
An ODP (OTC Derivative Provider) licence under the Financial Markets Act and Conduct Standard 1 of 2018 lets a broker write CFDs onshore as principal in South Africa. Why FSP-only vs ODP-holder is the honest comparison axis. Trading is high-risk.
Read the guide →Funding a forex account in ZAR: FICA/KYC and SARB exchange control explained
ZAR-denominated accounts vs offshore base currency, FICA customer due diligence (ID and proof of address), SARB exchange-control allowances (the R1m SDA and the R10m Foreign Capital Allowance), and the no-speculating-against-the-Rand rule. Trading is high-risk.
Read the guide →Forex trading tax in South Africa: how SARS treats your trading profits
How SARS taxes forex and CFD gains on intention and trading pattern (revenue vs CGT), provisional taxpayer registration, and deductible expenses — qualitative only. This is information, not tax advice; check the SARS tables for the relevant tax year.
Read the guide →How to verify a broker's FSCA licence on the register
A step-by-step guide to checking a forex broker's FSCA licence: find the exact legal entity that serves South Africa, search the FSP number on fsca.co.za, confirm current authorisation, confirm ODP for onshore CFDs, and spot clone firms and lapsed licences. Trading is high-risk.
Read the guide →Responsible trading and CFD risk: a risk-first guide
CFDs are high-risk leveraged products and the majority of retail accounts lose money. The risk-first habits that keep you in the game — demo first, position sizing, stop-losses, never trade essential funds — plus where to get help. No guaranteed returns. Trading is high-risk.
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