Capital.com Expands into South Africa with Dual Regulatory Approval

Capital.com has expanded its reach in South Africa after receiving dual regulatory approval from the Financial Sector Conduct Authority (FSCA).

The FSCA authorised Capital.com as an Over-the-Counter Derivatives Provider and Category 1 Financial Services Provider, allowing it to operate within the country's regulated framework.

Clients in South Africa will have access to over 5,000 markets, including equities, commodities, indices, and foreign exchange, through contracts for difference (CFDs).

The company is also permitted to offer crypto CFDs under FSCA supervision.

Valentina Rzheutskaya, Executive Director at Capital.com, said: 'Operating under local regulatory supervision is fundamental to how we approach market entry.'