PU Prime is happy to announce that it has obtained a Financial Service Provider (FSP) license from the South African Financial Sector Conduct Authority (FSCA), FSP license number 52218.
Adding another jurisdiction to PU Prime’s list of financial regulatory bodies will further cement PU Prime’s reputation as a trusted brand among online brokerages. Traders can trade multiple assets, from forex to cryptocurrencies, with peace of mind knowing that their funds and accounts are not just protected by multiple financial authorities, but also by PU Prime’s comprehensive security policies.
With South Africa having the most sophisticated financial systems, and the largest number of forex traders on the African continent, the FSCA offers a comprehensive and clear regulatory framework for financial service providers in the region – a benefit that transfers to the protection of clients.
Getting an official regulatory foothold in Africa also opens many opportunities for PU Prime, especially with many rapidly developing economies in the region and millions of retail traders.