Johannesburg, South Africa – South Africa has become a key trading hub for many brokers worldwide. CAPEX.com, a leading international online trading platform, has obtained the Financial Services Conduct Authority (FSCA) license which has granted the company the right to operate in the country.
“Our decision to launch in South Africa is based on certain indicators that we believe will help bring new opportunities to CAPEX.com, from a local and regional perspective. The market picture, which has grown over the last few years, will see new customers convert to traders in the South African market,” says Jack Edwards, Head of Marketing for the region. As a fully regulated and licensed broker, CAPEX.com offers clients – through world-class technology – unique products, proprietary trading platforms, client fund security, as well as extensive educational resources alongside the use of world-class technology.
Considering the Covid-19 pandemic, research conducted by various finance brokers has found that people are more cautious with their money as they are uncertain about what the future may hold for themselves and their families. It is also an undeniable fact that the wealth distribution ratio in South Africa is disproportionate, and that financial literacy is an integral aspect of managing money effectively. CAPEX.com aims to give South Africans the principles, the education and the chance to make well-informed decisions regarding investments and improve accessibility to them.
CAPEX.com provides the know-how, as well as the tools and resources necessary to make the markets available to a global audience. Additionally, its trading platforms and transparent trading conditions have propelled it to become one of the most respectable brokers globally. Their robust technology boasts a user-friendly interface, incorporating various web and mobile trading and analysis tools. “We strive to offer the best technology package to our clients, bringing in the most respected 3rd party partners and developing our offering to better suit a highly dynamic and changing world,” Edwards says.
CAPEX.com prides itself on its inherent focus on client security and education. “We strongly believe that educating people on the financial markets is key in them taking control of their own financial goals and destinies.” The CAPEX Academy offers clients the ability to improve their financial market knowledge from anywhere and on the go. It provides them with step-by-step online trading courses such as, but not limited to: Introduction to forex, forex indicators, forex candlestick guides, understanding and using Fibonacci and an array of integrated tools in CFDs and forex that are crucial for all traders.
To supplement its existing product offering, CAPEX.com also offers trading in cryptocurrencies through Contract for Difference (CFDs) making it significantly different from other trading brokers. Clients, therefore, have trading access to CFDs on Bitcoin Cash, Bitcoin Spot, Ethereum USD, Ethereum EUR, Litecoin USD, Litecoin EUR and Ripple. In addition, they provide more than 2100 tradable assets through CFDs which is a beneficial tool for traders.
With a client-centric global approach, CAPEX.com wants to grow its presence in South Africa and eventually expand into Africa. “We would like CAPEX.com to be seen as the go-to trustworthy broker to South Africans because we hold our customer’s interest at the core of our business,” concludes Edwards.
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