FNG Exclusive… FNG has learned that Cyprus based Retail FX and CFDs broker easyMarkets has obtained a Financial Sector Conduct Authority (FSCA) license for a new subsidiary of the company in South Africa. Other easyMarkets entities are already licensed by CySEC in Cyprus, ASIC in Australia, FSA in the Seychelles, and the FSC in the British Virgin Islands.
easyMarkets CFO, Koula Lamprou, said 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.”
The company indicated that easyMarkets traders in South African will be automatically enrolled into the new FSCA license.