PrimeXBT, a leading multi-asset trading platform, is pleasedto announce that it has secured a regulatory license from the Financial SectorConduct Authority (FSCA) in South Africa. This strategic expansion into theSouth African market is a testament to PrimeXBT's commitment to providingsecure, transparent, and innovative trading solutions to traders in the region.

With the FSCA license, PrimeXBT is fully authorized to offerits comprehensive suite of trading services to partners and traders in SouthAfrica. This includes access to a wide range of financial instruments,cutting-edge trading tools, and robust market analysis. By operating under theFSCA's regulatory framework, PrimeXBT ensures that its clients in South Africahave an opportunity to benefit from enhanced market integrity and protection.

PrimeXBT's entry into the South African market is part ofits broader mission to democratize access to financial markets. PrimeXBT aimsto empower traders of all levels with the tools and resources they need tosucceed. This commitment to inclusivity and innovation has been a hallmark ofPrimeXBT's global operations.

Commenting on the new license, Matthew Hayward, SeniorMarket Analyst at PrimeXBT said: “The South African trading market isexperiencing a surge in interest for trading. We are excited to provide accessto diverse markets, helping traders enter trading on their own terms. Ourplatform is designed to meet the unique needs of local traders, offering them asecure, user-friendly, and feature-rich trading environment.”

PrimeXBT plans to contribute to educational initiatives andcommunity support programs in South Africa, further solidifying its commitmentto the region. This marks another significant milestone in PrimeXBT's ongoingefforts to deliver more value to traders worldwide.

The acquisition of the FSCA license and the upcoming launchin South Africa are another step in PrimeXBT's journey of expanding its globalfootprint while ensuring regulatory compliance and transparency. As the brokercontinues to innovate and grow, it remains focused on providing the bestpossible trading experience for its clients in South Africa and beyond.

About

PrimeXBT (https://primexbt.co.za) (PTY) LTD (previouslynamed Stack Advisory (PTY) LTD) is an authorized financial services provider inSouth Africa with license number 45697. PrimeXBT (PTY) LTD acts as anintermediary between the investor and the market maker which is thecounterparty to the products purchased through PrimeXBT.

PrimeXBT is a leading CFD broker, licensed and regulated bythe FSCA, that offers an all-in-one trading platform to trade over 100 popularmarkets, including CFDs on Crypto, Forex, Indices, Commodities, and CryptoFutures. Since its founding in 2018, the PrimeXBT brand has grownexponentially, serving 1,000,000+ traders in 150+ countries worldwide. To makeinvesting available to all, PrimeXBT lowers the barriers of entry providingeasy and secure access to the financial markets with the industry-best tradingconditions and innovative tools. Clients enjoy the confidence of trading with atrusted and reliable financial service provider, committed to empoweringtraders.

Disclaimer: The content provided here is forinformational purposes only and is not intended as personal investment advice.Past performance is not a reliable indicator of future results. The financialproducts offered by the Company are complex and come with a high risk of losingmoney rapidly due to leverage. These products may not be suitable for allinvestors. Before engaging, users should consider whether they understand howthese leveraged products work and whether they can afford the high risk oflosing their money. PrimeXBT does not accept clients from RestrictedJurisdictions as indicated on the PrimeXBT website.