Peresec Prime Brokers at a glance
Peresec Prime Brokers Proprietary Limited is a South African prime brokerage and financial-services firm providing cash and synthetic prime broking, securities lending and borrowing, trade execution, custody, financing, derivatives and institutional market-access solutions. It serves institutional fund managers, hedge funds, investment banks, wealth managers, stockbrokers, corporate share schemes and private clients.
Peresec Prime Brokers reports a founding year of 1999 and a head office in Johannesburg, South Africa. It lists 1 regulator and 4 trading platforms.
BrokerBazaar verdict
Peresec Prime Brokers is best classified as an institutional prime-brokerage and market-infrastructure provider rather than a conventional retail broker. Its regulatory framework includes FSCA authorisation, JSE membership and OTC derivatives-provider status, while its services extend across cash and synthetic prime brokerage, securities lending, financing, custody and multi-market execution. Its institutional infrastructure and regulatory footprint support a relatively strong trust assessment. However, the business operates in areas such as derivatives, financing, securities lending and synthetic prime brokerage, where counterparty, leverage, liquidity and market risks can be materially higher than those associated with straightforward cash-equity investing. Peresec's international operation, Peresec International Limited, is separately licensed by the GFSC in Guernsey for controlled investment business, including general securities and derivatives.
Legal entities, regulation and licences
Peresec Prime Brokers operates through 2 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
Peresec Prime Brokers 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: Shares, Forex, CFDs, Futures, Options, Bonds, Funds, Crypto. Platforms: Peresec prime broking portal, Direct Market Access, FIX connectivity, Algorithmic execution. Account types: Institutional, Hedge Fund, Wealth Manager, Private Client, Retirement Fund.
Best-for tags assigned by our team: Institutional, Prime Brokerage, Global Shares.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is Not published — set during onboarding. Spreads start from Not published — negotiated… and commission is Negotiated per client by instr…. Maximum leverage is Prime financing and margin…, 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. 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: complianceteam@peresec.com. Phone: +27 11 722 7573. Complaints and regulatory/compliance queries can be directed to Peresec's compliance team. The firm's statutory information identifies
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: FSCA-regulated South African prime broker.
- Strength: FSP licence 18826.
- Strength: JSE Equities Member.
- Strength: Approved OTC Derivatives Provider.
- Strength: Cash and synthetic prime brokerage capabilities.
- Strength: Securities lending and borrowing.
- Strength: Custody and multi-custodial solutions.
- Strength: Access to South African and 40+ international markets.
- Strength: Strong institutional and hedge-fund focus.
- Strength: Separate regulated Guernsey entity for international trading and custody.
- Limitation: Primarily institutional and professional-market oriented.
- Limitation: Not a conventional low-cost retail trading platform.
- Limitation: Public pricing is not presented as a simple standard retail commission schedule.
- Limitation: Financing, derivatives and securities lending introduce additional market and counterparty risks.
- Limitation: Product availability and pricing can depend heavily on the client's institutional relationship and mandate.
Who this broker suits, and who it does not
Peresec Prime Brokers is most relevant to traders looking for: Institutional, Prime Brokerage, Global Shares.
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.
Peresec Prime Brokers 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 Peresec Prime Brokers yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Peresec Prime Brokers
Data sources. Broker submission, the regulator registers linked above, FSCA FSP number 18826 confirmed in the firm's statutory disclosures and on the FSCA's December 2024 authorised crypto asset service provider list showing Categories I, II and IIA; the JSE broker and institution directory independently lists Peresec as an equities member under alpha code PSM, web-archive and domain records, and third-party traffic data. No independent licence check date is recorded yet. External ratings: WikiFX 1.98/10; Trustpilot N/A/5; TrustFinace 36/100; Google Play Store N/A/5; Apple App Store N/A/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We may receive a referral fee if you open an account with Peresec Prime Brokers through our links; this never affects scores or verification. How we make money. Trading leveraged products carries a high risk of loss.