FXTM information and reviews
FXTM
93%
OctaFX information and reviews
OctaFX
92%
XM information and reviews
XM
91%
FXCC information and reviews
FXCC
90%
Libertex information and reviews
Libertex
89%
FxPro information and reviews
FxPro
88%

ETX Capital Acquires FSCA Licence in South Africa


28 July 2021

London-based broker ETX Capital has received its licence from the Financial Sector Conduct Authority (FSCA) in South Africa, which means it is now officially authorised as a local Financial Service Provider. The FSCA is responsible for market conduct regulation and supervision and aims to enhance the efficiency and integrity of financial markets, protecting traders by promoting fair treatment from financial institutions.

Anchored by a strong UK presence, ETX Capital recently revealed plans to expand into Europe and beyond. Chief Marketing Officer, Nandik Barbhaiya, commented, “Achieving this important milestone is paramount to our expansion plans and is yet another feather in the ETX cap. We are committed to strengthening our relationship with traders in the region and in upcoming weeks we will be working behind the scenes to welcome our South African clients onto our new license.”

ETX clients in South Africa enjoy instant execution, tight spreads and low commissions on CFDs on thousands of global markets – across all major asset classes from forex, indices, shares and commodities.

ETX Capital, regulated by the FCA and acquired by Swiss firm Guru Capital in 2020, is one of the UK’s leading brokers. They offer over 5,000 CFDs as well as financial spread betting across their award-winning desktop and mobile platforms.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.  74.5% of retail investor accounts lose money when spread betting or trading CFDs with ETX. You should consider whether you understand how spread bets or CFDs work and whether you can afford to take the high risk of losing your money.
Monecor (London) Ltd is a member firm of the London Stock Exchange. Authorised and regulated by the Financial Conduct Authority with Financial Services register number 124721.
#source

Share:


Related

Step up your investments in the blockchain market with MaxiWyse
Step up your investments in the blockchain market with MaxiWyse

Enter the blockchain markets without owning any digital currency. Invest in Bitcoin, Ethereum, Cardano, FTT, Solana, and many more...

18 May 2022

Get access to 2000+ trading instruments with Demaxis
Get access to 2000+ trading instruments with Demaxis

Demaxis results-driven team of experts goes the extra mile to create more trading opportunities and build distinctive value for our clients. We’re committed to putting our clients first...

18 May 2022

Olymp Trade's New Trading Signals
Olymp Trade's New Trading Signals

Trading Signals are instrument-specific real-time trading advice available on Fixed Time Trades (FTT) and Forex trades (FX) trading modes of the Olymp Trade platform. Read the article to see how Olymp Trade...

17 May 2022

Just2Trade and delta.theta announce strategic partnership
Just2Trade and delta.theta announce strategic partnership

Just2Trade and DeltaTheta announce a strategic partnership, launching the new "regulated DEX" service. This product lets Just2Trade's clients trade options on cryptocurrency...

17 May 2022

Cross-asset trading in global markets with Finaguide
Cross-asset trading in global markets with Finaguide

Diversify your market exposure with currencies, commodities, futures, and digital assets safely and securely through our cross-asset trading terminal. Our competitive trading conditions...

17 May 2022

Navigating the new normal with Libertex
Navigating the new normal with Libertex

If the post-pandemic age has been defined by anything, it has to be the massive surge in activity across the financial markets. The numbers of ordinary people getting...

16 May 2022


Editors' Picks

HFM information and reviews
HFM
87%
IronFX information and reviews
IronFX
86%
FXCM information and reviews
FXCM
85%
LegacyFX information and reviews
LegacyFX
83%
NordFX information and reviews
NordFX
82%
FP Markets information and reviews
FP Markets
81%

© 2006-2022 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.