The FIA is the only recognised forex regulatory institution in South Africa.
The FIA is a Recognized Representative Body in terms of the FAIS Act.
All Forex Services Providers, i.e. IB`s and money managers, soliciting forex investments in self-directed or managed forex accounts will be required to register as a Financial Services Provider with the FSB.
As a recognized representative body the FIA can facilitate such registrations - and at a reduced fee.

There is a membership category for self-directed traders, investors, FX service providers as well as solicitors of managed forex accounts.

The FIA is in the finalization phase of a Code of Conduct to be included as part of the sub-legislation of the FAIS Act.

Compliance with the FIA`s own Code will mean compliance with the Regulatory Code.

The FIA is a self-regulatory organization and membership is voluntary.
You should ask questions of forex service providers who do not suppurt any form of regulation in an new industry full of scams, crooks and fly-by-nights!

Become credible - join the FIA!
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