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BROKSTOCK Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-05-21 14:23

Abstract: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 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

  

Related broker

Over-Operation
BROKSTOCK
Company name:BROKSTOCK SA (PTY) LTD
Score
4.60
Website:https://brokstock.co.za/
5-10 years | Regulated in South Africa | Financial Service Corporate | MT5 Full License
Score
4.60

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