B2PRIME Enters South Africa After Securing a Financial Services Provider License
Jan 22, 2025
B2PRIME Group, the leading multi-asset Prime of Prime liquidity provider, has expanded its presence into a new market. After obtaining a Financial Services Provider (FSP) license (No. 54191), B2B Prime Services Africa (Pty) Ltd can legally operate under the South African Financial Sector Conduct Authority (FSCA).
This makes South Africa the fourth expansion of the B2PRIME Group after Cyprus, Mauritius, and Seychelles.
This significant milestone broadens the regulatory footprint of the B2PRIME Group, reinforcing its presence in multiple regions and proving its commitment to delivering top-tier, highly regulated brokerage and liquidity solutions.
You can verify the license here by entering License No. 54191.
Adherence to Global Standards and Regulations
The FSCA is known for its strict regulatory framework, which ensures that licensed firms comply with its stringent criteria for governance, client protection, and operational integrity.
B2PRIME Group’s new license acquisition showcases its continuous growth and dedication to transparency, professionalism, and compliance with local and global standards, boosting trust among partners, clients, and investors.
The FSP license enables B2B Prime Services Africa (Pty) Ltd to directly provide its comprehensive range of well-regulated financial services to local brokerage firms, bringing best-in-market solutions closer to South African businesses.
Institutional and individual clients can benefit from reliable liquidity products within a fully compliant framework that focuses on strategic growth, efficient risk management, and execution quality.
Clients can now access deep liquidity pools supplied by Tier-1 providers, which span over 235 instruments across various asset classes, such as Forex, cryptocurrencies, spot indices, precious metals, commodities, and NDFs. All are offered and managed through a single margin account.
B2PRIME offers cutting-edge liquidity connectivity with OneZero, PXM, Centroid, FXCubic, FIX API, and cTrader, ensuring seamless integration and unmatched execution quality.
“Seeing Africa’s increasing importance in global finance, B2PRIME Group’s move into South Africa shows our dedication to building strong local partnerships, making financial services more accessible, and promoting best practices. We’re excited to connect local players to global markets and offer innovative solutions.
Our goal is to support sustainable growth, uphold the highest regulatory standards, and continuously develop the market throughout the region, benefiting local brokers, hedge funds, money managers, institutional clients, and liquidity providers.“
Eugenia Mykulyak, Founder and Board Member of B2PRIME
Continuous Strive for Sustainable Growth
Getting the Financial Services Provider license in South Africa is a great achievement for B2B Prime Service Africa (Pty) Ltd’s long-term success.
B2PRIME Group’s global reputation, sophisticated tech infrastructure, and deep local market insights further support the company. This allows clients to get robust, transparent, and reliable services and the best tools possible to navigate the dynamic market.
This is a crucial step for B2PRIME’s bigger picture in extending its presence and reinforcing its reputation as a highly reliable liquidity provider.
The Group has consistently proven its dedication to compliance and offering regulated services, marked by getting licenses in Cyprus in 2020, Mauritius in 2023, and Seychelles in 2024.