FXPRIMUS Expands with New Office and License in South Africa

FXPRIMUS is pleased to announce that it has successfully acquired a Company licensed by the Financial Sector Conduct Authority (the “FSCA”) to operate as an authorised financial services provider in South Africa (Primus Africa (Pty) Ltd (the “Primus Africa”), license no. 46675). Primus Africa maintains offices in Johannesburg and Cape Town ready to cater the needs of local traders.

FXPRIMUS Group currently serves clients in over 180 countries, with headquarters in Limassol, Cyprus. With this new venture, FXPRIMUS becomes one of only a very few brokers to acquire a license by the FSCA and establish a physical presence in South Africa.

This move allows us to accommodate local clients by providing access to 120+ instruments including FX, Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term, commodities, indices, energies and more under the local regulatory authority.

To celebrate this milestone, we are hosting a Grand Launch gala on October 12^th, at the Protea Hotel, in Sandton, South Africa. Guests are invited to join us and mingle with some of the brightest minds in the forex industry.

Traders, industry experts and the FXPRIMUS senior management team will all attend the evening, where attendees can explore the FXPRIMUS products and services, following this long-awaited development.

Costas Kappai, FXPRIMUS CEO stated: “The opening of our new office is an important milestone for us. Our team is very excited about this next step and we understand that it’s our clients who are primarily responsible for our success. We are thrilled to introduce South African forex traders to our FXPRIMUS products and services and will welcome them with impeccable customer support.”

ABOUT FXPRIMUS

FXPRIMUS is a leading online broker providing trading services for forex, commodities, metals, energies, stocks and indices. Serving traders in 180+ countries across 6 continents, FXPRIMUS offers award-winning trading conditions and order execution, multilingual 24/5 support and unrivalled fund safety measures, enabling clients to trade 120+ instruments, via advanced web and mobile trading platforms.

FXPRIMUS is the brand name used by Primus Global Ltd (previously known as FX Primus Europe (CY) Ltd), regulated by CySEC CySEC The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision The Cyprus Securities and Exchange Commission (CySEC) is a financial regulatory authority of Cyprus. CySEC is one of the key watchdog authorities for brokerages in Europe, whose financial regulations and operations comply with the European MiFID financial harmonization law.Founded in 2001, CySEC is instrumental in providing licensing and registration for forex brokers and previously binary options providers.CySEC is responsible for a variety of different functions, which includes the supervision Read this Term, with license no. 261/14, Primus Markets INTL Limited, regulated by VFSC, with registration no. 14595 and Primus Africa (Pty) Ltd, regulated by FSCA, with license no. 46675.

https://www.fxprimus.com/

Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.87% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Disclaimer: The content of this article is sponsored and does not represent the opinions of Finance Magnates.