PrimeXBT, a leading global multi-asset trading platform, has been granted regulatory approval by South Africa’s Financial Sector Conduct Authority (FSCA), marking a significant milestone in its mission to expand secure, regulated crypto services across emerging financial markets.
The newly acquired license enables PrimeXBT to operate as a regulated crypto service provider in one of Africa’s most sophisticated financial hubs. With this step, the platform enhances its global footprint and reinforces its commitment to fostering compliant and secure access to digital assets worldwide.
Regulated Access for South African Traders
The FSCA license unlocks new opportunities for South African users, who can now access crypto-funded accounts on MT5, PXTrader, and Crypto Futures platforms. PrimeXBT supports margin trading for leading digital assets such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC). Clients also benefit from CFD trading across a wide range of assets, including stocks, indices, forex, commodities, and cryptocurrencies. The platform additionally offers seamless instant conversions between crypto pairs and from stablecoins to USD.
“This expansion not only benefits South African traders but also represents our broader commitment to global crypto adoption under a trusted regulatory framework. At PrimeXBT, we aim to lead by example, delivering an all-in-one trading experience that prioritises trust, access, and innovation. As one of the few regulated brokers offering both crypto and traditional financial instruments, we bring these markets together through a unified platform built for diverse trading strategies.”
A Unified Platform for a Global Audience
With a user base spanning over 150 countries and more than 1 million active traders, PrimeXBT continues to deliver a versatile, all-in-one trading experience. Users can buy, sell, and store digital assets in secure, integrated wallets and instantly convert between crypto and fiat—all within the same platform.
Since its launch in 2018, PrimeXBT has championed inclusivity and access in financial markets by removing barriers to entry and prioritizing user security. In tandem with its expansion, the company remains dedicated to advancing trader education through a comprehensive library of online resources, live webinars, and expert-led market insights.
Building Trust Through Regulation and Innovation
PrimeXBT’s FSCA registration further solidifies its standing as a forward-looking, compliance-driven platform at a time when global demand for regulated crypto solutions continues to rise. As one of the few brokers to offer both traditional and digital asset trading under one roof, PrimeXBT is uniquely positioned to meet the evolving needs of retail and institutional traders alike.
By combining regulatory integrity with innovation and user education, PrimeXBT continues to bridge the gap between traditional finance and the decentralized future.