Retail Forex and CFD broker FxPro Financial Services Limited (FxPro) today announced that it has obtained authorization by the South Africa Financial Services Board (FSB).
The license ( no. 45052) allows the broker to operate as a Financial Service Provider in the country.
The newly granted authorisation provides FxPro with the opportunity to further grow its operations on a significant scale and to reach new customers with its award-winning services.
At present times, FxPro serves clients in over 150 countries. Clients benefit from no-dealing-desk execution, deep liquidity and competitive pricing, as well as from a continuously growing product offering that currently includes 6 distinct asset classes.
FxPro Financial Services Limited remains authorised and regulated by the Cyprus Securities and Exchange Commission (license no. 078/07).
FxPro CEO, Charalambos Psimolophitis, commented:
“We are delighted at the prospect of extending our services to new customers. The FSB authorisation gives us a key advantage and opens up an array of opportunities, as we believe that there is significant market potential for FxPro. We welcome it as another step towards growth.”