One Financial Markets Announces New FSP License in South Africa
One Financial Markets is pleased to announce its new license to operate as a foreign financial service provider (FSP) in South Africa.
Authorised and regulated by the Financial Conduct Authority (FCA) in the UK, One Financial Markets offers international market access to retail and institutional clients via a comprehensive range of FX and CFD products.
Stuart Cooke, Head of Partners at One Financial Markets commented: “We are delighted to be expanding our reach to South Africa and are confident that we have a compelling offering with tight spreads, competitive margins and a 0% margin requirement on hedged positions.
“We believe there is huge market potential for us in South Africa and we are looking forward to growing our client base in the region. In addition to a range of offers to attract new customers, One Financial Markets will also be developing a tailored educational program for South African clients.”
One Financial Markets invests significantly in technology in order to make online trading as simple and intuitive as possible for its clients. Recent developments from the online brokerage include the development of the One News Desk + app for breaking news alerts and a free MT4 indicator suite.
As a launch incentive, One Financial Markets is currently offering a summer promotion including a 1 pip spread on major FX pairs as well as a 20% trading credit promotion until the end of July
Source: Business Wire – One Financial Markets Announces New FSP License in South Africa
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