Vantage Grows African Presence, Secures New License in South Africa

The global multi-asset broker Vantage has been granted a derivatives license from the Financial Sector Conduct Authority (FSCA) in South Africa, continuing expanding its footprints in Africa.

The new license marks a significant milestone for the brokerage, demonstrating its commitment to delivering high-quality financial services to clients in the country. 

"Our clients' satisfaction and trust are our top priorities," said Ted Odigie, who has been elevated to Head of Sales for Africa in November 2022. "With this license, our clients will know we are a reputable and trustworthy global broker - committed to protecting their interests and providing the best-in-class trading services."

"We are thrilled to receive our FSCA license," said Marc Despallieres, Chief Strategy & Trading Officer, Vantage. "We have had our sights on South Africa for some time, and we were determined to be able to provide traders with exceptional financial services and products while operating in compliance with the highest regulatory standards."

Last month, Fazzaco reported that Vantage has scaled up its client funding options by adding the widely-used payment method PayPal​, reflecting the broker’s ongoing mission to offer customers a seamless and exceptional trading experience.