One Financial Markets has today announced its new license to operate as a foreign financial service provider (FSP) in South Africa.
Authorised and regulated by the Financial Conduct Authority (FCA) in the UK, One Financial Markets offers international market access to retail and institutional clients via a comprehensive range of FX and CFD products.
Stuart Cooke, Head of Partners at One Financial Markets commented: “We are delighted to be expanding our reach to South Africa and are confident that we have a compelling offering with tight spreads, competitive margins and a 0% margin requirement on hedged positions.
“We believe there is huge market potential for us in South Africa and we are looking forward to growing our client base in the region. In addition to a range of offers to attract new customers, One Financial Markets will also be developing a tailored educational program for South African clients” concluded Mr. Cooke.