ATFX Acquires Khwezi Monetary Providers a licensed ODP in South Africa

by Jeremy

ATFX, a number one on-line buying and selling providers supplier, is proud to announce the current acquisition of a licensed ODP (Over-the-Counter By-product Supplier) in South Africa following the profitable buy of Khwezi Monetary Providers, which is regulated by the Monetary Sector Conduct Authority (FSCA). This strategic transfer additional solidifies ATFX’s international presence and strengthens its place as a key participant within the on-line buying and selling trade.

The Over-the-Counter Derivatives Supplier (ODP) license, granted by the FSCA below Monetary Markets Act no.19 of 2012, allows monetary service suppliers to legally provide over-the-counter derivatives, comparable to contracts for distinction (CFDs). Consequently, ATFX can now present South African shoppers entry to numerous monetary devices and provide complete buying and selling providers as an ODP.

ATFX Chairman Joe Li highlighted the corporate’s dedication to offering a world-class buying and selling expertise for shoppers within the area. “With the current acquisition of Khwezi Monetary Providers, ATFX boldly charts its path to vital progress within the South African market. Along with aggressive spreads, cutting-edge expertise platforms, and round the clock buyer assist, ATFX goals to cater to the wants of retail shoppers with a client-centric method and supply a brand new supply of liquidity within the African institutional enterprise. By leveraging our sources and experience, we aspire to ascertain as a pacesetter within the trade, providing buying and selling alternatives and providers forward, and repair a wider vary of shoppers within the African market.”, said Joe Li.

As a myriad of worldwide accolades ATFX bears witness to, the corporate prides itself on offering top-notch and clear providers to shoppers from all walks of life. Since its inception in 2017, ATFX has achieved vital milestones which have set it other than its opponents.

In 2023, ATFX obtained a Securities and Commodities Authority (SCA) license within the United Arab Emirates (UAE), permitting it to supply an array of monetary merchandise to residents. Furthermore, by means of buying Rakuten Securities Australia Pty Restricted in the identical 12 months, ATFX secured an Australian Securities and Investments Fee (ASIC) license. Together with the ODP license now, this 12 months ATFX has already acquired 3 extra licenses along with the current license library FCA (UK), CySEC (Cyprus), FSC (Mauritius), and Seychelles. These necessary licenses paved the way in which for providing safe and controlled buying and selling providers to prospects throughout a number of jurisdictions.

As evidenced by this newest growth in South Africa, ATFX stays dedicated to increasing its international attain and optimizing its choices in compliance with regional laws. Guided by its diligent adherence to native legal guidelines and dedication to stringent buyer safety measures, the longer term appears promising for ATFX and its clientele not solely in South Africa however worldwide.

About ATFX

ATFX is a worldwide award-winning on-line buying and selling providers supplier, providing 300+ buying and selling devices, together with forex pairs, CFDs, indices, commodities, and extra. With 18 places presence in Europe, Southeast Asia, the Center East, Latin America, Pacific Areas, and now South Africa, ATFX is dedicated to delivering distinctive buying and selling experiences to shoppers worldwide. The corporate prioritizes buyer satisfaction, revolutionary expertise, and strict regulatory compliance, it has been positioned as one of many prime selections for merchants on the lookout for dependable and complicated buying and selling options.

(ATFX Web site: https://www.atfx.com)

ATFX, a number one on-line buying and selling providers supplier, is proud to announce the current acquisition of a licensed ODP (Over-the-Counter By-product Supplier) in South Africa following the profitable buy of Khwezi Monetary Providers, which is regulated by the Monetary Sector Conduct Authority (FSCA). This strategic transfer additional solidifies ATFX’s international presence and strengthens its place as a key participant within the on-line buying and selling trade.

The Over-the-Counter Derivatives Supplier (ODP) license, granted by the FSCA below Monetary Markets Act no.19 of 2012, allows monetary service suppliers to legally provide over-the-counter derivatives, comparable to contracts for distinction (CFDs). Consequently, ATFX can now present South African shoppers entry to numerous monetary devices and provide complete buying and selling providers as an ODP.

ATFX Chairman Joe Li highlighted the corporate’s dedication to offering a world-class buying and selling expertise for shoppers within the area. “With the current acquisition of Khwezi Monetary Providers, ATFX boldly charts its path to vital progress within the South African market. Along with aggressive spreads, cutting-edge expertise platforms, and round the clock buyer assist, ATFX goals to cater to the wants of retail shoppers with a client-centric method and supply a brand new supply of liquidity within the African institutional enterprise. By leveraging our sources and experience, we aspire to ascertain as a pacesetter within the trade, providing buying and selling alternatives and providers forward, and repair a wider vary of shoppers within the African market.”, said Joe Li.

As a myriad of worldwide accolades ATFX bears witness to, the corporate prides itself on offering top-notch and clear providers to shoppers from all walks of life. Since its inception in 2017, ATFX has achieved vital milestones which have set it other than its opponents.

In 2023, ATFX obtained a Securities and Commodities Authority (SCA) license within the United Arab Emirates (UAE), permitting it to supply an array of monetary merchandise to residents. Furthermore, by means of buying Rakuten Securities Australia Pty Restricted in the identical 12 months, ATFX secured an Australian Securities and Investments Fee (ASIC) license. Together with the ODP license now, this 12 months ATFX has already acquired 3 extra licenses along with the current license library FCA (UK), CySEC (Cyprus), FSC (Mauritius), and Seychelles. These necessary licenses paved the way in which for providing safe and controlled buying and selling providers to prospects throughout a number of jurisdictions.

As evidenced by this newest growth in South Africa, ATFX stays dedicated to increasing its international attain and optimizing its choices in compliance with regional laws. Guided by its diligent adherence to native legal guidelines and dedication to stringent buyer safety measures, the longer term appears promising for ATFX and its clientele not solely in South Africa however worldwide.

About ATFX

ATFX is a worldwide award-winning on-line buying and selling providers supplier, providing 300+ buying and selling devices, together with forex pairs, CFDs, indices, commodities, and extra. With 18 places presence in Europe, Southeast Asia, the Center East, Latin America, Pacific Areas, and now South Africa, ATFX is dedicated to delivering distinctive buying and selling experiences to shoppers worldwide. The corporate prioritizes buyer satisfaction, revolutionary expertise, and strict regulatory compliance, it has been positioned as one of many prime selections for merchants on the lookout for dependable and complicated buying and selling options.

(ATFX Web site: https://www.atfx.com)

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