INGOT Brokers Strengthens Worldwide Presence, Obtains FSCA License in South Africa

INGOT Brokers announced its official Financial Sector Conduct Authority (FSCA) license in South Africa and first physical office in Africa's most industrialized and technologically advanced country.

This step results from INGOT Brokers' efforts to strengthen its worldwide presence while presenting trading services to all investors.

The FSCA regulates and supervises market conduct for all financial institutions providing a financial product and/or service in South Africa. Consequently, this acquisition allows INGOT to further realize its mission of raising investor awareness by offering guidance on smart trading and risk management, as well as fostering a healthy investment environment that enables traders to achieve their financial goals with utmost safety and security.

"Recently, we have been adamantly working on acquiring this FSCA license, and our efforts have now paid off. Obtaining such licenses is no easy feat as they have very stringent compliance requirements specifically placed to protect customers. However, our core mission is providing our clients around the world with innovative trading services in a safe environment, which is exactly why we sought authorization from the FSCA and will continue to pursue similar licenses,"said INGOT Brokers Director Hossam Abdelaziz.

"I am truly proud that our company has achieved this significant milestone,"said INGOT Brokers Chief Sales Officer Athol Nourse."Which was made possible due to the dedication and commitment of INGOT Brokers' incredible team. Receiving the FSCA license is the first step toward fulfilling our goal of penetrating the African market and growing our client base in the continent. We are optimistic about expanding our operations there and confident that it will present many new opportunities. It is indeed a very exciting time to be part of INGOT Brokers!"

Source: GLOBE NEWSWIRE