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XTB obtains FSCA license in South Africa



The Polish CFDs and Retail FX brokerage house XTB has secured an operational license from the the South African financial markets regulator the Financial Sector Conduct Authority (FSCA).

XTB AFRICA (PTY) LTD’s authorization is in effect since 10 August 2021.

The company stated:

Obtaining a license in South Africa is another step in the international geographical expansion of XTB as part of our development strategy, leading to building a global brand.

XTB obtains South Africa license

XTB is authorized by regulators to operate in following countries including Poland, the United Kingdom, CyPrus, Spain and Belize. The new authorization follows the recently acquired license in Dubai.

A lot of financial services companies have recently gained regulatory license in South Africa including Exness, ETX Capital, Eurotrader and Qinox Tech.

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XTB obtains FSCA license in South Africa

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