Tag: South Africa

XTB obtains South Africa license
August 12, 2021 BY Steffy Bogdanova

XTB obtains FSCA license in South Africa

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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Qinox Tech obtains FSCA South Africa license
April 14, 2021 BY Steffy Bogdanova

Qinox Tech obtains FSCA license in South Africa

With clients across over 26 countries, Qinox Tech pays attention to the continent, as a considerable amount of their clients are expanding in Africa. The company attributes this to the rapidly growing population and great strategic capacity of the African continent. Qinox Tech noted that there is still a large supply deficit to meet the…

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South Africa now added to Tradays fundamental market analysis app
January 28, 2020 BY Valentina Kirilova

South Africa now added to Tradays fundamental market analysis app

MetaQuotes Software has launched a free calendar of macroeconomic events for the fundamental market analysis back in 2018. Since then, Tradays calendar has expanded geographically, adding the countries Germany, France, Spain, Italy to the app. The most recent additions include Brazil, Hong Kong, Singapore and South Korea. The application for the fundamental market analysis now features 42 indicators of South Africa having the…

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Paxful launches wallet app, releases a series of educational workshops in Africa
January 23, 2019 BY Mariela Naydenova

From WEF 2019 – South Africa as a top blockchain destination

The World Economic Forum is a much awaited event, especially when some of the “hottest” technologies are on the table: blockchain, digitalization, economic development, etc. It appears that there is a new blockchain “power” that is emerging right now. South Africa is currently positioned perfectly to be a global blockchain player among other “giants” such…

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June 01, 2018 BY Mariela Naydenova

Africa is becoming a cryptocurrency trading hub

South Africa is on its way to become a cryptocurrency trading "heaven" and acts as a center of digital assets on the oldest continent. The Merkle just reported that one of the well known asset management companies, Sygnia, is looking to launch a cryptocurrency exchange in the third quarter of 2018. Africa has long been…

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February 15, 2017 BY admin

South Africa Competition Commission prosecutes banks for Forex trading collusion

The Competition Commission of South Africa has today referred a Forex manipulation collusion case to the Competition Tribunal which has jurisdiction throughout South Africa and adjudicates competition matters. The Forex collusion case which was first announced back in April of 2015, officially was referred for the prosecution against the following 17 institutions: Bank of America Merrill…

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August 02, 2016 BY Valentina Kirilova

FXTM expands to South Africa with FSB license

Soon after its update to latest MT5 platform, CySEC-regulated Forex broker FXTM (ForexTime) has announced that it is continuing its ongoing expansion, with the broker having recently received a license from the Financial Services Board (FSB) in South Africa. The license was obtained on July 5, 2016 (FSP no.46614) and provides the company with the opportunity…

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July 13, 2016 BY Valentina Kirilova

Thomson Reuters Launches KYC Solution for Africa together with Barclays Africa, Rand Merchant Bank and Standard Bank of South Africa

Thomson Reuters has announced the launch of its Org ID managed service solution for Know Your Customer (KYC) due diligence in South Africa, together with design partner banks Barclays Africa, Rand Merchant Bank (a division of FirstRand Bank) and Standard Bank of South Africa, who have all committed to use the Org ID service to…

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July 11, 2016 BY Mike Fox

South Africa FSB warns the public against Outlook Forex Traders

The Financial Services Board (FSB) of South Africa would like to warn the public not to conduct financial services business with Outlook Forex Traders. Outlook Forex Traders is not authorised as a financial services provider and is not a representative of an authorised financial services provider. Persons rendering financial services without a licence or without…

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