Unum Capital at a glance
Unum Capital (Pty) Ltd is a Pretoria-based FSCA-authorised financial services provider (FSP 564) offering both traditional JSE stockbroking and retail CFD, forex and crypto trading across MetaTrader 4, xStation and IRESS platforms.
Unum Capital reports a founding year of 1999 and a head office in Pretoria, Gauteng, South Africa. It lists 1 regulator and 5 trading platforms.
BrokerBazaar verdict
Unum Capital is an FSCA-authorised South African financial services provider with a broad multi-asset offering spanning conventional investments and leveraged trading. Its regulatory status and operating history support its institutional standing, while its exposure to CFDs, forex and other leveraged products creates a higher product-risk profile.
Legal entities, regulation and licences
Unum Capital operates through 3 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by moderate-tier regulators only.
Licence check: Not independently checked. BrokerBazaar is currently reviewing this broker's information against public records. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Unum Capital states that it accepts clients from South Africa. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex, Indices, Commodities, Cryptocurrencies, Shares, ETFs, CFDs, Unit Trusts. Platforms: xStation, MetaTrader 4, ProTrader 3, IRESS, Unum Trader. Account types: Trading Account, Stockbroking Account.
Best-for tags assigned by our team: Active Trading, Multi-Asset, Local Markets.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is Not verified — no universal minimum publicly confirmed. Spreads start from Not verified — varies by i… and commission is NOT VERIFIED — Unum Trade prom…. Maximum leverage is Available on CFD and forex…, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: not specified. Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, Card. Withdrawal methods: Bank Transfer.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Not specified. Scalping allowed: Not specified. Algorithmic trading allowed: Not specified. News trading allowed: Not specified. Hedging: not specified.
Client-money rules follow the regulator of the entity that holds your account: FSCA: Client funds should be held separately from company funds. Compensation: No central compensation scheme.
Complaints and dispute process
Formal complaints: compliance@unum.co.za. Phone: +27 (0)11 384 2961 / +27 (0)11 384 2906. Complaints are handled through Unum's complaints-management framework. Unum states that complaints are recorded, monitored and investigated, with clients kept informed of progress and provided with reasons for the outcome. Further recourse is available where a client remains dissatisfied.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: FSP 564 explicitly listed in the FSCA's published list of authorised crypto asset service providers
- Strength: Holds Category I and Category II licences
- Strength: Both JSE stockbroking and retail CFD or forex trading under one provider
- Strength: Wide platform choice including MetaTrader 4, xStation and IRESS
- Strength: Long operating history dating to 1999
- Limitation: Leveraged CFD, forex and crypto trading carries a high risk of loss
- Limitation: Spreads are not published as a single verified figure
- Limitation: Smaller firm than the bank-owned South African brokers
- Limitation: Crypto assets are volatile and less protected than listed securities
- Limitation: No universal minimum deposit is publicly confirmed
Who this broker suits, and who it does not
Unum Capital is most relevant to traders looking for: Active Trading, Multi-Asset, Local Markets.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Unum Capital change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Unum Capital yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Unum Capital
Data sources. Broker submission, the regulator registers linked above, FSCA published list of authorised crypto asset service providers (December 2024) explicitly lists Unum Capital (Pty) Ltd with FSP 564 and Category I and II licences; corroborated by the firm's own April 2025 Treating Customers Fairly policy, web-archive and domain records, and third-party traffic data. Last register check 2026-09-15. External ratings: Trustpilot N/A/5; WikiFX 5.46/10; Google Play Store N/A/5; Apple App Store N/A/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with Unum Capital. How we make money. Trading leveraged products carries a high risk of loss.