FXTM’s Global Expansion Continues to South Africa

Chris Lee
Brought to you by: ForexTime LogoYour capital is at risk

Global, award-winning forex broker FXTM, recently announced its latest business expansion with the acquisition of an FSP license from the Financial Services Board (FSB) in South Africa with no: 46614. Starting from the 5th of July, 2016 the company began to further expand its global presence by opening up its trading and investing opportunities to customers and local partners in the region.

The FSB is one of the longest standing regulatory institutions in the region, regulating the country’s biggest stock exchange – the Johannesburg Stock Exchange – and is a member of the International Organization of Securities Commissions (IOSCO).

Regarding this latest development, ForexTime Limited’s Vice President of Corporate Development and Market Research, Jameel Ahmad, said: “2016 has so far been an outstanding year for FXTM. Following the opening of our UK division earlier this year and the launch of our Shares Account with direct connection to the NYSE and NASDAQ exchanges’ pricing, expanding to a market with some of the highest potential in the industry was only natural. We are looking forward to developing strong relationships with these traders and affiliates by staying true to our name as the global broker with a local touch”.

FXTM has already affirmed itself as a reputable and trustworthy broker with a strong presence in the Asian, European and Middle Eastern Markets, steadily proving its ongoing dedication and commitment to providing clients and affiliates with a safe and transparent environment.

Other highlights this year saw the appointment of CNBC Arabia’s Hussein Al Sayed as Chief Market Strategist, as the face of its brand for the Middle East region. The broker also received the ‘Top Customer Services Provider’ award in the 9th Saudi Money Expo, ‘Best FX Broker’ in the European CEO Awards and ‘Best Sell-Side Analysis Contributor’ award from FXStreet.


Chris Lee

Latest news

State of the Nation – Up to Date Reports on Which of the Brokers Can be Trusted – Tickmill
Given the amount of technical and fundamental analysis that goes into running a successful investment strategy, it’s often surprising how many traders skip analysing the health of their broker. Read more
Patience is Rewarded – Is Now the Time to Buy The Dips?
Global US stock indices have started the week holding ground after several days of negative returns. Read more

Safest Forest Brokers 2020

Broker Info Best In Customer Satisfaction Score
#1 ForexTime LogoYour capital is at risk Founded: 2011 Global CFD & FX Broker
Number One Broker
BEST FOREX BROKER Visit broker
5
#2 ForexTB logoYour capital is at risk Founded: 2015 Global Forex & CFD Broker
Number One Broker
LOWEST FEES Visit broker
4.9
#3 Tickmill forex broker logoYour capital is at risk Founded: 2014 Global Forex & CFD Broker
Number One Broker
Best Trading Conditions Visit broker
4.9
#4 BlackBull MarketsYour capital is at risk Founded: 2014 Global Forex Broker
Number One Broker
BEST SPREADS Visit broker
4.8
#5 Forex Broker Pepperstone LogoCFDs and FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Founded: 2010 Global Forex Broker
Number One Broker
Low minimum deposit Visit broker
4.9

    Forex Fraud Certified Brokers

    OctaFX Logo
    Pepperstone
    investous
    AvaTrade logo
    ATFX Logo
    IQ Option Logo
    Vantage FX logo
    FXTM Logo
    Exness Small Logo
    HYCM Logo
    IC Markets Logo
    BlackBull Markets Logo
    XM Logo
    Plus500 Small Logo
    LegacyFX Small Logo
    skilling logo
    City Index Logo