CFD traders can now use Capital.com in South Africa as the broker has been approved and authorised by South Africa’s Financial Sector Conduct Authority (FSCA).
The CFD broker has been granted licences as both an Over-the-Counter Derivatives Provider (ODP) and a Category 1 Financial Services Provider (FSP), establishing a regulated framework under which it can operate locally.
Through its South African entity, Capital.com plans to offer forex trading and access to more than 5,000 CFD markets covering shares, commodities, indices and foreign exchange. The ODP licence also permits the company to offer cryptocurrency CFDs under FSCA supervision, subject to local regulatory requirements.
Alongside its derivatives licence, the Category 1 FSP authorisation allows Capital.com South Africa to market its services locally and provide intermediary services for approved financial products, including shares and investment products, without providing financial advice.
Valentina Rzheutskaya, Executive Director at Capital.com, said the approvals reflected the company’s commitment to operating under local regulatory oversight.
Capital.com has also appointed Travis Robson as Chief Executive Officer for South Africa. Robson brings extensive experience in regulated financial services and will oversee the company’s local operations, governance framework and regulatory engagement.
“Operating through a regulated local entity matters because it shapes the environment in which decisions are made. Our role is to ensure clients engage with markets within a framework that is governed, supervised and designed to prioritise clarity around risk. By operating under FSCA oversight, we are focused on providing access to markets in a way that supports informed decision-making.”
The move marks Capital.com’s latest step in its African expansion strategy, following its recent authorisation from the Capital Markets Authority in Kenya and being voted “Best CFD broker in the UK“.
Founded in 2016, Capital.com has grown into one of the world’s largest retail trading platforms, offering access to global financial markets through its technology-led platform. The group operates through regulated entities authorised by regulators including the UK Financial Conduct Authority, Cyprus Securities and Exchange Commission, Australian Securities and Investments Commission, UAE Capital Market Authority, Bermuda Monetary Authority and the Securities Commission of The Bahamas.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
