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BROKSTOCK

South Africa | 5-10 years |
Regulated in South Africa | Financial Service Corporate | MT5 Full License | Suspicious Overrun | Medium potential risk

https://brokstock.co.za/

Website

Rating Index

MT4/5 Identification

MT4/5

Full License

BCSMarketsSA-Real

United Kingdom
MT5
6

Influence

C

Influence index NO.1

South Africa 5.31

MT4/5 Identification

MT4/5 Identification

Full License

6
Server Name
BCSMarketsSA-Real MT5
Server Location United Kingdom

Influence

Influence

C

Influence index NO.1

South Africa 5.31
Surpassed 46.00% brokers
Biz Area Search Statistics Advertising Social Media Index

Contact

+27 080 022 7672
info@brokstock.co.za
https://brokstock.co.za/
Suite E 017 Midlands Office Park East Mount Quary Street Midlands Estate Gauteng 1692

Licenses

Licensed Entity:BROKSTOCK SA (PTY) LTD

License No. 51404

Keywords 7
5-10 years
Regulated in South Africa
Financial Service Corporate
MT5 Full License
Self-developed
Suspicious Overrun
Medium potential risk
WikiFX Risk Alerts
2025-09-06
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 51404)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!

Basic Information

Registered Region
South Africa
Operating Period
5-10 years
Company Name
BROKSTOCK SA (PTY) LTD
Abbreviation
BROKSTOCK
Company employee
--
Customer Service Email Address
info@brokstock.co.za
Contact Number
+270800227672
Company Website
Company address
Suite E 017 Midlands Office Park East Mount Quary Street Midlands Estate Gauteng 1692

FX1233190587

Unverified

South Africa

Its a very decent platform to invest in South African and US stocks. I appreciate its user friendly interface and 0.1-0.3 commissions. Pretty good experience so far

Positive

2024-07-15

Malenyalo

Unverified

South Africa

I enjoyed the fact that I got a welcoming phone call from the team in just a couple of days after setting up my account.

Positive

2023-08-29

Thandi1249

Unverified

South Africa

The application is updated too often, but it is clear that the guys are actively trying to work on it and adding new features. But overall great experience and I liked returns that I saw.

Positive

2023-08-25

Carlos3057

Unverified

South Africa

Used to invest only in JSE. Every time i tried to approach the US investing market i have faced knowledge issues. So, i picked up on the demo with US shares. Really enjoyed the price prediction in the App as it has boosted the performance of the portfolio.

Positive

2023-08-17

Luxolo

Unverified

Russia

Wanted to invest in US market and realised they have pretty low commission for the trade

Positive

2023-08-11

Thabiso1837

Unverified

Russia

Tested the app with the deposit of R100 just to make sure I can successfully withdrawal, no problems so far. All seems user-friendly and shows real time prices! Which was a problem on the other apps I have used.

Positive

2023-08-04

Alex7335

Unverified

South Africa

very cool app, add more tools and be #1 in SA. Separate respect for Smart Score predictions.

Positive

2023-08-04

oooo

Unverified

United Kingdom

Scammed me off my money. They took my money and froze my account. My account manager said they are regulated in South Africa BUT actually they aren't. They scammed me of my $667.

Positive

2023-02-20

Watcharathat Thongkhao

Unverified

United Kingdom

It only costs $1 to start trading with BROKSTOCK, but please keep calm because their regulatory license is not only offshore, it may even be a clone.

Neutral

2022-12-12

9
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Company Summary
Wiki Q&A
Comment
MT4/5
Full License MT5
0
MT4 Servers
1
MT5 Servers
145.56
velocityIcon
Average execution speed/ms

Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong

Meta Trader 5
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Website

brokstock.co.za
176.56.182.248
forex-bcs.com
176.56.182.215

Genealogy

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Company Summary

BROKSTOCK Review Summary
Founded2021-02-18
Registered Country/RegionSouth Africa
RegulationExceeded
Market InstrumentsStocks, ETFs, Currency Pairs, Metals, and Cryptocurrencies
Demo Account/
LeverageUp to 1:...
Spread/
Trading Platform/
Min DepositR100
Customer SupportToll-free: 080 022 7672
Telephone: +27 12 001 9206
E-mail: info@brokstock.co.za
Facebook, YouTube, Twitter, Instagram, LinkedIn
Suite E 111 Midlands Office Park East Mount Quray Street Midlands EstateGauteng 1692

BROKSTOCK Information

BROKSTOCK is a South African trading platform operated by BCS Markets SA. It offers CFD trading on stocks (JSE/US), ETFs, currency pairs (ZAR-focused), metals, and 59 cryptocurrencies.

BROKSTOCK

Pros and Cons

Pros Cons
Low commission (0.15% per trade for JSE stocks)Exceeded
Zero deposit/withdrawal feesUnclear spread and leverage details
Various trading instrumentsLimited research resources
No support for MT4 and MT5 platforms

Is BROKSTOCK Legit?

In fact, according to previously disclosed information, BROKSTOCK is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa, with the regulatory license number 51404. But the regulatory status is exceeded.

regulated
regulated

What Can I Trade on BROKSTOCK?

Tradable Instruments Supported
StocksSouth African JSE stocks and US stock CFDs
ETFsGlobal market and industry-themed ETFs
Currency PairsAUD/ZAR, CHF/ZAR, EUR/ZAR, GBP/ZAR, USD/ZAR
Metals-
Cryptocurrencies59 cryptocurrency CFDs

BROKSTOCK Fees

Commission rates vary by trading instrument. For example, the commission for JSE stock trading is 0.15% per transaction; for US stocks and ETFs, it is 0.49% per transaction; for currencies and metals, it is 0.3% per transaction; and for cryptocurrencies, it is 0.5% per transaction.

Deposit and Withdrawal

The minimum deposit is R100.

ItemDepositWithdrawal
Payment MethodsCapitec Pay, Visa, MastercardOnly wire transfer to personal bank accounts
Fees0%0%
Processing TimeUsually instant, up to 2 hours; special cases delayed to 2 working daysPlatform review (3 working days) + bank processing (2-3 working days) (total 5-6 working days)
Amount LimitsSingle transaction: R100 - R1,000,000Single transaction: R1 - R100,000
Special RequirementsOnly South African Rand (ZAR), personal accounts only, virtual cards not supportedOnly South African Rand (ZAR) must be in the same name as the account holder; third-party transfers are prohibited
minimum deposit

Keywords

  • 5-10 years
  • Regulated in South Africa
  • Financial Service Corporate
  • MT5 Full License
  • Self-developed
  • Suspicious Overrun
  • Medium potential risk

Wiki Q&A

webgalaxy
Within 1 year

What are the cons of BROKSTOCK?

WikiFX Reply
The biggest downside in my eyes is the expired regulation. On top of that, there’s no MT4 or MT5 support, which limits technical trading tools. I also don’t like that spreads and leverage details aren’t clearly disclosed — as a trader, I want to know all the numbers before I start trading.
Broker Issues
BROKSTOCK
Regulation
08-05
United States
ryad22
Within 1 year

What is the BROKSTOCK minimum deposit?

WikiFX Reply
The brokstock minimum deposit is just R100. Personally, I like this because it allows me to start small and test their service before deciding to put in larger amounts. My first deposit was R200 and it arrived in my account within about two hours.
Broker Issues
BROKSTOCK
Deposit
Withdrawal
07-03
United States
Thanh Thao
Within 1 year

What trading instruments are available on BROKSTOCK?

WikiFX Reply
I’ve traded South African JSE stocks, US stock CFDs, ETFs, and several cryptocurrencies here — in fact, there are 59 different crypto CFDs available. It’s a decent variety, but they don’t seem to offer metals in practice despite mentioning them in fee lists.
Broker Issues
BROKSTOCK
Platform
Account
Instruments
Leverage
06-30
United States
Razzie87
Within 1 year

Do they offer a demo account?

WikiFX Reply
As far as I can tell, there’s no demo account available. That means beginners would have to risk real money right away — in my case, I just started with the brokstock minimum deposit so I could test the platform without risking too much.
Broker Issues
BROKSTOCK
Platform
Account
Instruments
Leverage
06-12
United States
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