BROKSTOCK
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 | |
| Founded | 2021-02-18 |
| Registered Country/Region | South Africa |
| Regulation | Exceeded |
| Market Instruments | Stocks, ETFs, Currency Pairs, Metals, and Cryptocurrencies |
| Demo Account | / |
| Leverage | Up to 1:... |
| Spread | / |
| Trading Platform | / |
| Min Deposit | R100 |
| Customer Support | Toll-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.
Pros and Cons
| Pros | Cons |
| Low commission (0.15% per trade for JSE stocks) | Exceeded |
| Zero deposit/withdrawal fees | Unclear spread and leverage details |
| Various trading instruments | Limited 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.
What Can I Trade on BROKSTOCK?
| Tradable Instruments | Supported |
| Stocks | South African JSE stocks and US stock CFDs |
| ETFs | Global market and industry-themed ETFs |
| Currency Pairs | AUD/ZAR, CHF/ZAR, EUR/ZAR, GBP/ZAR, USD/ZAR |
| Metals | - |
| Cryptocurrencies | 59 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.
| Item | Deposit | Withdrawal |
| Payment Methods | Capitec Pay, Visa, Mastercard | Only wire transfer to personal bank accounts |
| Fees | 0% | 0% |
| Processing Time | Usually instant, up to 2 hours; special cases delayed to 2 working days | Platform review (3 working days) + bank processing (2-3 working days) (total 5-6 working days) |
| Amount Limits | Single transaction: R100 - R1,000,000 | Single transaction: R1 - R100,000 |
| Special Requirements | Only South African Rand (ZAR), personal accounts only, virtual cards not supported | Only South African Rand (ZAR) must be in the same name as the account holder; third-party transfers are prohibited |
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