Anyoption Expands to the Regulated South African Binary Options Market

Anyoption, the Cyprus Securities and Exchange Commission (SySEC) regulated binary options brand, has revealed today a new partnership with South African firm Basfour to expand its retail trading services in the country. Basfour 3773 PTY Ltd is a licensed financial services provider (FSP 42020) in South Africa which provides the Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term needed to offer the derivatives trading services in the country.

Among the top selling points that anyoption will offer local traders in South Africa are safety and a local presence. The company says it intends on bringing its strengths in security to the new partnership to offer the same, safe trading environment to traders in South Africa as it offers in Europe. anyoption explains that a local customer support office will offer 24 hour dedicated customer support through a new team that will receive the same training as the team at anyoption in Cyprus. It also launched a dedicated new website with a local domain.

anyoption's CEO, Shy Datika, stated with regard to their plans to launch the services in the South African market: “South Africa is an incredibly large market for binary options brokers. However, there haven't been many options for South African traders as of yet that offer the security, trust and compliances with FSP regulations that local traders are anticipating. We plan to change that with anyoption by offering our fully regulated binary options Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term.”