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BROKSTOCK -

Score

5.16 /10
Average

BROKSTOCK

South Africa

5-10 years

Regulated in South Africa

Derivatives Trading License (EP)

Self-developed

Suspicious Operational Region

https://brokstock.co.za

Influence

C

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Comparison

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Score

Regulatory Index6.19

Business Index7.29

Risk Management Index7.06

Software Index5.70

License Index4.83

Time Machine
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Broker Information

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Company Name

BROKSTOCK SA (PTY) LTD

Company Abbreviation

BROKSTOCK

Platform registered country and region

South Africa

Company website

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Company summary

Pyramid scheme complaint

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BROKSTOCK

South Africa

WikiFX Verification

BROKSTOCK · 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

News

ExposureBROKSTOCK Review: What Traders Should Know Before Depositing

BROKSTOCK is an FSCA-regulated South African broker offering CFD trading on stocks, ETFs, currencies, metals, and crypto. But with a low WikiFX score, user complaints about frozen accounts, and FSCA warnings about impersonators abusing its brand, traders need to verify the full picture before depositing.

WikiFX
2026-07-31 12:00
BROKSTOCK Review: What Traders Should Know Before Depositing

ExposureBROKSTOCK Review 2026: Is This Forex Broker Safe?

BROKSTOCK is a South Africa-regulated broker with a WikiFX Score of 5.0. It offers a proprietary mobile trading platform and has positive user feedback on platform usability and commissions, but its app security and trading-condition transparency leave areas for caution.

WikiFX
2026-07-10 12:00
BROKSTOCK Review 2026: Is This Forex Broker Safe?

ExposureBROKSTOCK Exposed: Traders Report Login Errors, Withdrawal Issues & Incompetent Customer Support

Is your BROKSTOCK trading account full of inefficiencies? Do the recurrent BROKSTOCK login errors prevent you from opening and shorting positions at a favorable price? Has the broker failed to honor your withdrawal requests? Do you face order execution price issues? Has the customer support service failed to resolve your queries? You are not alone! In this BROKSTOCK review article, we have shared some complaints that need a close introspection. Read on to explore them.

WikiFX
2025-11-11 20:09
BROKSTOCK Exposed: Traders Report Login Errors, Withdrawal Issues & Incompetent Customer Support
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User comment

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Comments

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FX1233190587
more than one year
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
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
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2024-07-15 17:42
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Malenyalo
more than one year
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.
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.
Translate to English
2023-08-28 17:29
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