Finvasia's Fxview Secures FX License from South African Regulator

Fazzaco learned that Fxview, one of Finvasia Group's online brokerages, has been fully licensed and regulated by the South African Financial Services Commission (FSCA). With this new regulatory permission that covers brokerage and portfolio management services, the broker is allowed to provide more clients with forex and CFD trading services in South Africa, an emerging market.

"Entering South Africa and the continent has been on our horizon for some time. As we aim to strengthen our position in the region, the FSCA licence offers Fxview opportunities not only in expanding our presence but the opportunity to reach a broader client base and offer them access to our broker," said Janis Anastassiou, MD Financial Intermediation at Finvasia Group.

Finvasia's CEO and Co-founder Tajinder Virk also added how he thought about the new regulatory approval, "I am pleased to see the progress Fxview has made so far, as part of our group. The FSCA licence marks an important step forward as we foray into new markets not only in the African region but also globally. This is only the beginning of an exciting journey ahead."