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Rand Swiss Review: Is It Legit and Regulated?

Rand Swiss (Pty) Ltd

ZA Operating period unverified

FindMyFX score

high risk

4.9/10

0 Score out of 10 10
Independent assessment Updated 2026-07-21

Contact & regulation

Official website
randswiss.com
Address
1st Floor, JSE Building, One Exchange Square, 2 Gwen Lane, Sandton, South Africa
Contact
1st Floor, JSE Building, One Exchange Square, 2 Gwen Lane, Sandton, 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 Rand Swiss legit and regulated?

FindMyFX has license records for Rand Swiss, 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

Rand Swiss (Pty) Ltd is a South African financial-services provider that publishes FSP number 45837. Its securities-broking service includes forex, commodities, indices and local or offshore equity CFDs through the Velocity Trader platform.

Professional broker overview

FindMyFX editorial summary

Rand Swiss is a South African provider that identifies itself as authorised FSP 45837 and operates from the JSE Building in Sandton. Its Active Trading account publishes a ZAR 25,000 minimum and access to forex, commodities, indices and equity CFDs through Velocity Trader. Official pricing pages disclose inactivity and withdrawal charges, while the FSCA separately warned about unauthorised Telegram users impersonating the firm.

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

Editorial note: The FSP number was obtained from the broker's official pages rather than a directly inspectable FSCA register entry, so the licence is marked partially verified. The December 2024 FSCA warning concerned impersonators and did not state that Rand Swiss operated the Telegram groups.

Operational status
active
Broker type
unknown
Execution model
Not verified
Support hours
Monday-Friday 08:00-17:00; after-hours dealing Monday-Thursday 17:00-23:00

Documented advantages

  • The official site publishes account minimums, platform coverage and a detailed fee schedule.
  • The firm identifies its South African FSP number and physical office.

Documented limitations

  • Lower account tiers can incur inactivity and withdrawal charges.
  • A direct FSCA register entry for FSP 45837 was not captured in the inspected sources.
100%coverage

Published profile coverage

8 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

Rand Swiss (Pty) Ltd

Primary
ZA Registration not shown

Trading access

Account types

Available account structures and their current verification state.

1 account

Active Trading

unverified
Deposit
ZAR 25000.00
Leverage
Not shown

Commission information not shown.

Spread
Not shown
Base currencies
ZAR
Margin call / stop-out
—% / —%
Demo / Islamic
Unknown / Unknown
Balance protection
Unknown
Last verified
Not verified

Markets and instruments

Commodities

unverified

Forex

unverified

Indices

unverified

Offshore equity CFDs

unverified

South African equity CFDs

unverified

Licenses and regulators

FSCA

45837

unverified

Last verified: Not shown

Type: Financial Services Provider
Client class: other
Compensation: Not shown
Segregated funds: Unknown
Negative balance protection: Unknown

Risk flags

FSCA warning about Rand Swiss impersonators

medium · draft

On 19 December 2024, the FSCA warned that unauthorised Telegram users were impersonating Rand Swiss and its personnel. The regulator stated that Rand Swiss was not associated with the Telegram administrators.

Non-trading fee schedule

Inactivity Fee

unverified

ZAR 100.0000

The official pricing page lists ZAR 100 per quarter after 90 days of inactivity for applicable account tiers.

Overnight Fee

unverified

Amount not shown · 3.5000%

The official pricing page lists FX financing at 3.5%.

Withdrawal Fee

unverified

ZAR 250.0000

The pricing page lists a ZAR 250 real-time withdrawal charge for applicable lower-tier accounts.

Withdrawal Fee

unverified

ZAR 25.0000

The pricing page lists a ZAR 25 standard withdrawal charge for applicable lower-tier accounts.

Score components

Regulation and licenses

5.0/10 · 35%

The official broker site identifies FSP 45837, but a direct FSCA register entry was not captured.

Security and track record

5.0/10 · 20%

The FSCA published an impersonation warning clarifying that the named Telegram operators were not associated with Rand Swiss; no full enforcement-history review was completed.

Trading conditions

7.5/10 · 15%

Official pages disclose the account minimum, markets, platform and multiple charges.

Company transparency

7.5/10 · 10%

The official site publishes the legal name, FSP number, physical office, hours and detailed pricing.

Service quality

2.5/10 · 10%

Office and dealing hours are published, but no verified service-quality dataset was assessed.

Verified user reviews

0.0/10 · 10%

No inspectable verified user-review dataset was located.

Profile update history

Broker profile was published.

2026-07-20

Related regulated broker profiles

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