Fxview strengthens its presence in the African fintech industry by acquiring an FSCA license in South Africa.
A leading global multi-asset broker, Fxview, has expanded its presence in the African fintech region by obtaining a license from the South African Financial Sector Conduct Authority (FSCA) with No. Reg. 2018/303451/07- No. License 50410.
The broker offers brokerage and portfolio management services to its customer base with an extensive product suite, including exotic forex pairs, CFDs on stocks, and cryptocurrencies. The scope of this FSCA license will make it easier for Fxview to offer a broader range of Forex and CFD execution to its customer base in the South African region.
The company sees Africa as a dynamic market opportunity to continue its geographic expansion. To further expand its presence in Africa, Fxview raised its profile by securing a prominent position as a listing sponsor at the recent Finance Magnates Africa Summit (FMAS:23). This premium event attended by national and international fintech elites run in Johannesburg on May 8-10.
Fxview at FMAS received a good image and a lot of attention from stakeholders in South Africa as one of the winners in the Best Multi-Asset Broker Africa category from the Financial Achievements in Markets Excellence Awards.
"The FSCA license provides the legitimacy to open its doors to traders in South Africa, one of the most innovative countries in Africa. We are honored to showcase our brand and valuation proposition. We can connect with existing and potential partners, affiliates, and technology providers to feel the heartbeat of the African market," comments Janis Anastassiou, MD of Financial Intermediation at Finvasia Group.