Capital.com Enters South Africa Under Dual FSCA Regulatory Licence

Global fintech group Capital.com has obtained dual regulatory approval from South Africa's Financial Sector Conduct Authority (FSCA), authorising it to operate as an Over-the-Counter Derivatives Provider (ODP) and a Category 1 Financial Services Provider (FSP). The approvals establish the company's regulated operating framework in the country under FSCA supervision.

Under the ODP licence, Capital.com South Africa can offer contracts for difference (CFDs) across more than 5,000 markets, including equities, commodities, indices, and foreign exchange. The licence also permits the offering of crypto CFDs subject to FSCA oversight. As a Category 1 FSP, the entity is allowed to market and promote Capital.com locally as an approved financial services provider and to deliver intermediary (non-advice) services for approved financial products, including shares and other investment instruments.

Valentina Rzheutskaya, Executive Director at Capital.com, said: "Operating under local regulatory supervision is fundamental to how we approach market entry. The FSCA approvals define the framework within which Capital.com is permitted to operate in South Africa, including the standards we must meet around governance, conduct and risk controls."

The company has appointed Travis Robson as Chief Executive Officer for South Africa. Robson is a senior financial services executive with experience building and managing businesses within regulated environments, including establishing local governance structures, engaging with regulators, and overseeing regulated trading operations. Commenting on the approvals, Robson said: "Operating through a regulated local entity matters because it shapes the environment in which decisions are made. Our role is to ensure clients engage with markets within a framework that is governed, supervised and designed to prioritise clarity around risk."

The South Africa approvals follow Capital.com's recent regulatory authorisation by the Capital Markets Authority of Kenya, reflecting the group's approach to entering new markets through regulated entities. Capital.com already holds licences from regulators including the UK Financial Conduct Authority, the Cyprus Securities and Exchange Commission, the Australian Securities and Investments Commission, the Securities Commission of The Bahamas, the UAE Capital Market Authority, the Bermuda Monetary Authority, and the Capital Markets Authority of Kenya.