Fxview Enhances Its Presence in South Africa


The Finvasia Group Forex and CFD brokerage firm Fxview expands its offering in Africa.

Earlier this year, Fxview strengthened its position in Africa's fintech industry by obtaining its license from South Africa's Financial Sector Conduct Authority (FSCA) (Reg. No. 2018/303451/07 - License No. 50410). This significant milestone enables the broker to become more actively involved in the region.

Fxview gives access to a choice of Forex and CFD instruments through its MT4, MT5 and ActTrader platforms. With the FSCA license, the financial firm can now offer its brokerage services in South Africa.

Expanding further into the region, Fxview secured a prominent spot at the Finance Magnates Africa Summit (FMAS:23), as the event’s Registration Sponsor. The prestigious industry summit congregated the local and international fintech elite under the roof of Sandton Convention Centre, between 8 and 10 May.

“South Africa is one of our most vibrant markets”, Janis Anastassiou, MD Financial Intermediation at Finvasia Group, said. 

“The FSCA license gives us the legitimacy to open our door to traders in South Africa, which is one of Africa’s most investment-savvy nations. It was a pleasure to introduce the Fxview brand and bring our value proposition in front of key financial industry players in South Africa present at the Finance Magnates Africa Summit. We had the chance to connect with existing and prospective partners, affiliates and technology providers, and feel the pulse of the African market” the executive added.

What distinguishes Fxview from similar financial service providers is its diverse range of financial instruments, spanning 70 major, minor and exotic Forex pairs and more than 500 CFDs on Stocks, Indices, Commodities and Cryptocurrencies.

With this broad asset coverage, Fxview won the hearts and minds of South African stakeholders. The broker took home an award from the Financial Achievements in Markets Excellency (FAME) Awards as it emerged victorious in the Best Multi-Asset Broker Africa category.

Moreover, the range of technological tools available to traders for tailoring their trading experience is highly varied. This empowers them to make well-informed choices when selecting the platform that aligns perfectly with their requirements. The broker provides a user-friendly platform comparison that highlights the key advantages of each option, enabling traders to quickly assess the offerings of different infrastructures. Doing so, Fxview not only meets but surpasses the expectations of traders in South Africa.

Making progress with technology enablement

Aligned with Finvasia's mission to empower investors through technology enablement, the financial firm prioritises decision-support technology and transparency. Fxview gives access to a wide array of tools conveniently organised within the Trader Tool Box, including an Economic Calendar, a diverse selection of Indicator Packages, Trading Calculators, API Trading, and a VPS for rapid execution. These comprehensive tools enable traders in South Africa and beyond to stay attuned to market trends and make well-informed decisions based on compelling data-driven insights.

The extensive range of trading options, platforms, and tools, coupled with the broker's ECN (Electronic Communication Network) environment, not only increases confidence in financial services but also establishes an ecosystem that facilitates portfolio diversification at minimal costs. With Fxview's seamless connectivity to deep aggregated liquidity and swift execution with low latency, traders in South Africa can now avail themselves of the most favourable bid-ask pricing and work towards achieving their financial objectives within a supportive and thriving environment.

 

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