easyMarkets Achieves FSCA License in South Africa

​easyMarkets, a Cyprus-based broker specializing in Retail FX and CFDs, has secured a Financial Sector Conduct Authority (FSCA) license for its new subsidiary in South Africa. This new license marks a milestone for the broker as it continues to expand its global footprint. Previously, easyMarkets has been licensed by regulatory authorities including CySEC in Cyprus, ASIC in Australia, FSA in the Seychelles, and FSC in the British Virgin Islands.

The FSCA license will enable easyMarkets to operate within South Africa's financial sector, ensuring compliance with local regulations and maintaining high standards of financial and operational practices. Koula Lamprou, CFO of easyMarkets, commented in a statement:

"Obtaining the FSCA license is a testament to easyMarkets' strict compliance with financial, operational, and ethical standards, underscoring our commitment to maintaining the integrity of South Africa's financial markets. This achievement solidifies our reputation and reinforces our reliability in the eyes of our clients and partners worldwide."

As part of this expansion, easyMarkets traders in South Africa will automatically be enrolled under the new FSCA license.