PrimeXBT Expands Regulated Crypto Services in South Africa with FSCA Approval

PrimeXBT Strengthens Presence in South Africa with FSCA Approval

PrimeXBT, a leading global multi-asset broker, has secured approval from the Financial Sector Conduct Authority (FSCA) in South Africa to provide regulated crypto services. This milestone reinforces PrimeXBT's commitment to expanding access to secure and compliant crypto trading solutions across Africa.

Enhanced Trading Opportunities for South African Clients

With the FSCA approval, PrimeXBT now offers South African traders a regulated environment to deposit, withdraw, trade, and convert digital assets. Clients gain access to crypto-funded accounts on platforms like MT5, PXTrader, and Crypto Futures, supporting margin trading for BTC, ETH, USDT, and USDC. Additionally, traders can engage in CFD trading on stocks, indices, forex, commodities, and crypto, with tools for instant crypto-to-crypto or stablecoin exchanges.

Commitment to Global Crypto Adoption and Education

PrimeXBT emphasizes its mission to advance regulated crypto access worldwide. Sihle Tuta, Head of Region at PrimeXBT South Africa, highlighted the company's focus on trust, innovation, and accessibility. "This expansion not only benefits South African traders but also represents our broader commitment to global crypto adoption under a trusted regulatory framework," Tuta stated.

Beyond trading services, PrimeXBT invests in trader education and financial literacy through online resources, webinars, and market insights. The broker also supports community-focused projects, particularly in education and skills development, as part of its global CSR initiatives.

A Unified Trading Platform for Diverse Strategies

As one of the few regulated brokers offering both crypto and traditional financial instruments, PrimeXBT provides a unified platform designed for diverse trading strategies. The integration of secure, flexible, and innovative market access positions PrimeXBT as a leader in the growing demand for regulated crypto solutions.

Disclaimer

The information provided is for informational purposes only and does not constitute investment advice. Trading leveraged products carries high risks, and you should fully understand the risks before engaging. Past performance is not indicative of future results.