CFI Acquires New FSCA License, Expands in South Africa

MENA's leading broker CFI Financial Group has expanded its presence in South Africa with the Category 1 Financial Service Provider (FSP) license, which was granted by the Financial Sector Conduct Authority (FSCA).

This development represents a significant milestone in CFI's strategic global expansion and underlines the group's commitment to growing its reach within the African continent.

With the new license, CFI Financial (PTY) LTD is set to launch its operations in South Africa. This comes after the group's obtainment of a new license in Palestine​ in 2023, as well as the opening of a branch in Cairo, Egypt​.

"This significant achievement underscores our relentless dedication to empowering traders globally while offering them a competitive edge in the markets," said Hisham Mansour, Co-founder and Managing Director of CFI.

Last month, CFI has integrated with the world-renowned TradingView platform, in a move to provide clients with exceptional trading platforms and innovative features.