30-Jurisdiction Statutory Audit • South Africa (ZA)
Is Simplex Regulated in South Africa? (FSCA Compliance Audit)
Deterministic regulatory audit of Simplex (Simplex) against South Africa's national supervisor (Financial Sector Conduct Authority), statutory investor compensation limits, and retail margin rules.
Coverage: South Africa (ZA) • Supervisor: FSCA (Tier-2 Onshore)
- Local FSCA Filings
- 0
- Total Global Licences
- 0
- 6D Overall Score
- 5.0
- Regime Classification
- Tier-2
Switch National Jurisdiction Audit (30 Statutory Regimes)
← Back to Simplex Main DossierSouth Africa (FSCA) Statutory Compliance Matrix for Simplex
Side-by-side comparison of South Africa's statutory requirements against Simplex's recorded filings.
| Statutory Dimension | South Africa (FSCA) Mandate | Simplex Recorded Standing |
|---|---|---|
| National Supervisory Authority | Financial Sector Conduct Authority (FSCA) | No Active Licence Recorded |
| Local Certificate Number(s) | Mandatory registration on official FSCA public register | None recorded in South Africa |
| Statutory Investor Compensation Cap | No statutory OTC derivative compensation fund; ODP licensing & margin rules apply | Not covered by South Africa domestic scheme when onboarded offshore |
| Retail Leverage & Margin Cap | Contractual ODP Margin Schedule under Financial Markets Act Regulations | Governed by foreign/offshore subsidiary contract terms |
| Client Money Segregation Rule | FAIS Act Section 19 Separate Client Trust Account & External Audit | Verify daily trust reconciliation & negative balance protection in client agreement |
Simplex — South Africa (FSCA) Compliance Exhibit
Deterministic vector diagram of local licensing, investor protection, and leverage constraints.
Top 5 Regulated Peers for South Africa (FSCA) Comparison
Benchmark Simplex against peer institutions in our investment firms and financial institutions headquartered across continental europe slice.
| Institution | Recorded Licences | 6D Score | Risk Classification | |
|---|---|---|---|---|
| Capex | CYSECCNMVFSCA | 6.5 | Risk level not supplied | |
| aaafx | HCMCFSCA | 5.0 | Risk level not supplied | |
| Bitpanda | BaFinAMFFI | 5.0 | Risk level not supplied | |
| Change | AFMEstonian Financial Intelligence Unit (FIU / RAB) | 5.0 | Risk level not supplied | |
| UniCredit Bulbank | Financial Supervision CommissionBulgarian National Bank (BNB) | 5.0 | Risk level not supplied |
Simplex in South Africa (FSCA): Frequently Asked Questions
Statutory licensing, compensation cap, and leverage answers.
Is Simplex regulated in South Africa by FSCA?
Our dataset currently holds 0 local FSCA licences and 0 active foreign regulated licences for Simplex. Residents of South Africa should verify primary authorisation directly on the FSCA public register before transacting.
What is the investor compensation limit for South Africa residents using Simplex?
Because Simplex does not hold a recorded local FSCA licence in our current snapshot, South Africa's domestic statutory compensation scheme (No statutory OTC derivative compensation fund; ODP licensing & margin rules apply) does not cover accounts opened with Simplex's foreign or offshore subsidiaries.
What retail leverage cap and margin rules apply in South Africa (FSCA)?
Financial Sector Conduct Authority (FSCA) enforces the following retail leverage and margin standard in South Africa: Contractual ODP Margin Schedule under Financial Markets Act Regulations, alongside client asset protection rules requiring FAIS Act Section 19 Separate Client Trust Account & External Audit.
Which regulated alternatives to Simplex hold licences in South Africa or comparable tiers?
Comparable institutions in this directory include Capex (6.5/10, 3 filings), aaafx (5.0/10, 2 filings), Bitpanda (5.0/10, 4 filings), Change (5.0/10, 2 filings), UniCredit Bulbank (5.0/10, 2 filings). Use the 1v1 Compare links in the table above to benchmark Simplex against each peer.
Structured against supervisory register snapshots and public regulatory filings. Verify your contracting legal entity and current authorisation status directly on the issuing regulator’s official register before transacting.