Capital.com Secures Dual FSCA Approval to Operate in South Africa
Capital.com has received dual regulatory approval from South Africa’s Financial Sector Conduct Authority (FSCA), establishing its regulated operating framework in the country.
The global financial group has been authorised as an Over-the-Counter Derivatives Provider (ODP) and a Category 1 Financial Services Provider (FSP). The approvals allow Capital.com to establish regulated trading and financial services operations under FSCA supervision.
Capital.com expands regulated trading services
Capital.com South Africa plans to onboard clients and provide access to contracts for difference (CFDs) across more than 5,000 markets.
The offering will cover equities, commodities, indices, and foreign exchange. Additionally, the ODP authorisation allows the company to execute derivative transactions within South Africa’s regulatory framework.
The licence also permits Capital.com South Africa to offer crypto CFDs under FSCA supervision. However, the availability of specific products and services remains subject to applicable regulatory requirements.
The Category 1 FSP authorisation also allows Capital.com to market and promote its services locally as an approved financial services provider. Moreover, the licence covers financial services and intermediary services without advice for approved financial products, including shares and other investment products, subject to FSCA requirements.
Valentina Rzheutskaya, Executive Director at Capital.com, said:
“Operating under local regulatory supervision is fundamental to how we approach market entry.
The FSCA approvals define the framework within which Capital.com is permitted to operate in South Africa, including the standards we must meet around governance, conduct, and risk controls.”
Capital.com appoints South Africa CEO
Capital.com has appointed Travis Robson as Chief Executive Officer for South Africa.
Robson has experience in regulated financial services and has worked across local governance, regulatory engagement, and regulated trading operations. Therefore, his appointment will support the group’s establishment of its South African business under the new regulatory framework.
Travis Robson, CEO, South Africa, Capital.com, said:
“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 South African approvals follow Capital.com’s recent regulatory authorisation from Kenya’s Capital Markets Authority. As a result, the latest approvals add another regulated market to the group’s international expansion strategy.
Capital.com operates through regulated entities authorised by financial regulators in several jurisdictions, including the UK, Cyprus, Australia, The Bahamas, the UAE, Bermuda, and Kenya.
The group’s regulatory footprint includes the Financial Conduct Authority, the Cyprus Securities and Exchange Commission, the Australian Securities and Investments Commission, the Securities Commission of The Bahamas, the UAE Capital Market Authority, the Bermuda Monetary Authority, and the Capital Markets Authority of Kenya.