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JP

JP Markets Review: Is It Legit and Regulated?

JP Markets SA (Pty) Ltd

ZA Operating period unverified

FindMyFX score

critical risk

3.4/10

0 Score out of 10 10
Independent assessment Updated 2026-07-19

Contact & regulation

Official website
jpmarkets.co.za
Address
No. 1 Bridgeways, Bridgeways Precinct, Century City, Cape Town 7441, South Africa
Contact
No. 1 Bridgeways, Bridgeways Precinct, Century City, Cape Town 7441, South Africa
Primary license
FSCA · Unverified

Missing values mean the information has not been verified or published yet—not that the broker does not provide it.

Quick verdict

Is JP Markets legit and regulated?

FindMyFX has license records for JP Markets, but none is currently presented as fully verified. Check each entity, jurisdiction, source, and verification date before depositing.

This is a source-limited research summary, not a safety guarantee or investment recommendation.

Broker-provided profile information is reviewed before publication. Paid profile features never affect FindMyFX scores, license verification, risk flags, reviews, complaints, or editorial decisions.

Broker-provided company information

JP Markets SA (Pty) Ltd is a South African over-the-counter derivatives provider and financial services provider offering forex and CFD trading.

Professional broker overview

FindMyFX editorial summary

JP Markets' official site identifies JP Markets SA (Pty) Ltd as a South African company with FSCA financial services provider number 46855 and states that it acts as an over-the-counter derivatives provider, counterparty, and principal. The site says its services are directed to South Africa, Namibia, Eswatini, and Lesotho and are not directed to the United States. An FSCA penalty order dated 2023-05-03 records a ZAR 100,000 penalty for operating as an over-the-counter derivatives provider without authorisation during the period addressed by that order; current authorisation and the historical event should be reviewed separately.

Prepared from reviewed sources for informational purposes. This is not investment advice.

Editorial note: AI-generated draft based on the official JP Markets site and an FSCA penalty order accessed 2026-07-18. Current ODP authorisation, licence scope, and product conditions require FindMyFX staff verification.

Operational status
active
Broker type
market_maker
Execution model
The official site states that JP Markets acts as the counterparty and principal to client trades as an over-the-counter derivatives provider.
Support hours
Not verified

Documented advantages

  • The official site discloses the South African company number, FSCA number, address, support contacts, and counterparty role.
  • The official site states a defined regional service scope.

Documented limitations

  • An FSCA penalty order records historical unauthorised ODP activity and a ZAR 100,000 administrative penalty.
  • Complete current account-level spreads, leverage, and fee terms were not established from the inspected sources.
88%coverage

Published profile coverage

7 of 8 core information groups currently contain published data. This measures data availability, not broker quality or safety.

Company structure

Legal entities

Registered companies associated with this broker profile.

1 entity

JP Markets SA (Pty) Ltd

Primary
ZA 2016/123297/07

Markets and instruments

Contracts for difference

unverified

Forex

unverified

Additional broker contacts

unverified

Support

+27210451333

unverified

Alternative support

+27664011374

unverified

Research sources

Licenses and regulators

FSCA

46855

unverified

Last verified: Not shown

Type: Financial Services Provider and Over-the-Counter Derivatives Provider as stated by the company
Client class: other
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

Risk flags

FSCA administrative penalty for historical unauthorised ODP activity

medium · draft

An FSCA penalty order signed on 2023-05-03 imposed a ZAR 100,000 administrative penalty on JP Markets for operating as an over-the-counter derivatives provider without authorisation during the conduct addressed by the order.

Jurisdiction-specific offerings

ZA · other

unverified

Entity not linked · Leverage not shown

Compensation scheme not shown

Score components

Regulation and licenses

5.0/10 · 35%

The official site discloses FSCA number 46855 and current ODP status, but a direct current register entry was not fully inspected and a historical penalty exists.

Security and track record

2.5/10 · 20%

A regulator penalty documents historical unauthorised ODP activity, and a complete subsequent enforcement and remediation record was not reviewed.

Trading conditions

2.5/10 · 15%

The official site establishes the counterparty model and instruments, but account-level leverage, spreads, fees, and funding terms were not imported.

Company transparency

5.0/10 · 10%

The official site publishes the company number, licence reference, address, contacts, service region, and principal-counterparty role.

Service quality

2.5/10 · 10%

Official support contacts are available, but no independently verified service-quality evidence was inspected.

Verified user reviews

0.0/10 · 10%

No inspectable verified user-review dataset was used.

Profile update history

Broker profile was published.

2026-07-18

Related regulated broker profiles

These profiles share at least one recorded regulator. This is not a recommendation or equivalence claim.