B2Prime gets South Africa FSCA license
Multi-asset liquidity provider B2PRIME has announced that the group has strengthened its 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 latest approval marks the company’s fourth operating licence, adding South Africa to its existing regulatory framework, which includes Cyprus, Mauritius, and Seychelles. The expansion further enhances B2PRIME Group’s regulatory reach, reinforcing its commitment to offering fully compliant brokerage and liquidity solutions in emerging markets.
The new authorisation enables B2B Prime Services Africa (Pty) Ltd to provide a comprehensive range of regulated financial services directly to local businesses. This eliminates the reliance on liquidity sourced from distant financial hubs, offering institutional and professional clients a more efficient and locally compliant framework. Clients will benefit from enhanced strategic growth opportunities, risk management solutions, and superior execution quality.
Through this licence, clients gain access to deep liquidity sources aggregated from Tier-1 providers, covering more than 235 instruments across multiple asset classes. These include Forex, Cryptocurrencies, Spot Indices, Precious Metals, Commodities, and NDFs, all available through a single margin account.
Additionally, B2PRIME Group’s advanced connectivity solutions—oneZero, PXM, Centroid, FXCubic, FIX API, and cTrader—ensure seamless integration and optimised execution efficiency.
Eugenia Mykulyak, Founder and Board Member of B2PRIME said,
“Seeing Africa’s increasing importance in global finance, B2PRIME Group’s move into South Africa shows our dedication to building strong local partnerships, making financial services more accessible, and promoting best practices. We’re excited to connect local players to global markets and offer innovative solutions.
“Our goal is to support sustainable growth, uphold the highest regulatory standards, and continuously develop the market throughout the region, benefiting local brokers, hedge funds, money managers, institutional clients, and liquidity providers.”