News provided by World News Media
LONDON, Jan. 21, 2025 /PRNewswire/ -- PrimeXBT, a leading multi-asset broker, has been named the 'Fastest Growing CFD Broker in South Africa' for 2024 by World Finance. The award recognises PrimeXBT's exceptional growth and commitment to providing innovative trading solutions in the South African market.
This accolade comes following PrimeXBT's recent expansion into South Africa and its acquisition of a license from the Financial Sector Conduct Authority (FSCA). The FSCA license has enabled PrimeXBT to offer its comprehensive suite of trading services to South African traders, including access to a wide range of financial instruments and cutting-edge trading tools.
PrimeXBT's rapid growth in South Africa can be attributed to its user-friendly platform, competitive trading conditions, and commitment to regulatory compliance. The broker offers traders access to over 100 popular markets, including Crypto Futures, and CFDs on Cryptocurrencies, Forex, Indices, and Commodities, all through a single, intuitive interface. With highly competitive trading fees, engaging rewards, and educational resources, PrimeXBT has quickly become a popular option for traders in the region. However, as with any trading activity, it is important to understand the risks involved.
Matthew Hayward, Senior Market Analyst at PrimeXBT, commented on the award: "We are honoured to receive this recognition from World Finance. It validates our efforts to provide South African traders with a superior trading experience. Our focus on innovation, education, and customer support has resonated strongly with the local trading community. We are committed to continually enhancing our offerings to meet the evolving needs of South African traders and contribute to the growth of the financial markets in the region."
Looking ahead, PrimeXBT remains dedicated to its mission of democratising access to financial markets in South Africa. The company plans to further expand its educational resources, introduce new trading instruments, and enhance its trading capabilities. As the company continues to grow its presence in South Africa, it will maintain its focus on empowering traders to achieve their financial goals.
Learn more about PrimeXBT South Africa.
Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated in our website.
PrimeXBT (PTY) LTD (previously named Stack Advisory (PTY) LTD) is an authorised financial services provider in South Africa with licence number 45697. PrimeXBT (PTY) LTD acts as an intermediary between the investor and the market maker which is the counterparty to the products purchased through PrimeXBT.
World News Media, the parent company of World Finance, is a leading publisher of quality financial and business magazines, which enjoys a global distribution network that includes subscriber lists of prominent decision-makers around the world.
Contact information:
Richard Willcox
World News Media
+44 (0)207 553 4151
richard@wnmedia.com
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