A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.
| Factor | Score | Weight |
|---|---|---|
| Regulation & licensing | 68 | 35% |
| Company age | 45 | 15% |
| Clone / impersonation | 0 | 12% |
| Withdrawal & exposure complaints | 0 | 12% |
| Offshore registration | 45 | 8% |
| Transparency (site/info/social) | 25 | 10% |
Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.
| Regulator | License type | License No. | Region | Status |
|---|---|---|---|---|
| FSCA | Derivatives Trading License (EP) | 49191 | South Africa | — |
| Account | Max leverage | Min. deposit | Min. spread | Commission | EA |
|---|---|---|---|---|---|
| Mzansi Gold Account | 1:500 | USD 500 | -- | -- | ✓ |
| Mzansi Silver Account | 1:500 | USD 200 | -- | -- | ✓ |
| Mzansi Bronze Account | 1:500 | -- | -- | -- | ✓ |
| Mzansi Micro Account | 1:500 | -- | -- | -- | ✓ |
There aren’t enough independent reviews for Mzansi Global Markets yet to draw firm conclusions. The lack of public feedback is itself a caution sign for a smaller or newer broker.
0Mzansi Global Markets is a forex and CFD broker based in South Africa, with records dating to 2023-05-11. It reports oversight from FSCA.
FXCanary’s verdict is “Guarded.” There are enough red flags that we’d urge caution before depositing.
Overview compiled by FXCanary from regulatory records and public data. full Mzansi Global Markets review