FX Broker Evest sets up shop in South Africa:
One source, who requested anonymity, told Finance Feeds,
that the SA’s financial watchdog is set to grant its regulatory consent and
that they are “in the final process to get a South African license”.
CySEC-regulated brokerage firm Evest is seeking a license from South Africa’s Financial Sector Conduct Authority (FSCA) after it has incorporated its new subsidiary.
Evest plans to leverage the new license to expand its brokerage business
in Africa and meet its growth targets for Latin America, the source added,
noting that the SA approval allows them to target several jurisdictions. Read more…
FX Broker Evest sets up shop in South Africa