B2PRIME Expands Reach with FSP Licence in South Africa

B2PRIME has announced a milestone in expanding its global regulatory presence by securing a Financial Services Provider (FSP) licence (No. 54191) from the South African Financial Sector Conduct Authority (FSCA) through its subsidiary, B2B Prime Services Africa (Pty) Ltd. This new authorisation marks the company’s fourth operating licence, following existing approvals in Cyprus, Mauritius, and Seychelles.

With the addition of South Africa, B2PRIME Group strengthens its commitment to providing fully compliant brokerage and liquidity solutions in emerging markets. The FSCA licence allows B2B Prime Services Africa (Pty) Ltd to offer a wide range of regulated financial services to local businesses, eliminating the need for liquidity sourced from distant financial hubs. This move promises a more efficient and locally compliant framework for institutional and professional clients in South Africa.

B2PRIME Expands Regulatory Reach with FSP Licence in South Africa

The licence provides access to deep liquidity sources from Tier-1 providers, covering over 235 instruments across various asset classes, including Forex, Cryptocurrencies, Spot Indices, Precious Metals, Commodities, and NDFs—all available through a single margin account. Additionally, B2PRIME’s advanced connectivity solutions, such as oneZero, PXM, Centroid, FXCubic, FIX API, and cTrader, ensure smooth integration and optimal execution quality for clients.

Also, Eugenia Mykulyak, Founder and Board Member of B2PRIME, expressed excitement about the company’s entry into the South African market. “Africa’s growing significance in global finance is evident, and B2PRIME’s move into South Africa demonstrates our commitment to fostering strong local partnerships, increasing accessibility to financial services, and promoting best practices. We are thrilled to connect local players with global markets and offer innovative solutions.”

So, the group remains dedicated to supporting sustainable growth, maintaining the highest regulatory standards, and developing the market for local brokers, hedge funds, money managers, institutional clients, and liquidity providers.

This move underscores the company’s dedication to supporting sustainable growth and fostering partnerships that benefit the broader financial ecosystem in the region.

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