IronFX Global, a Cyprus based Forex broker, has just announced the opening of a new office in the Republic of South Africa and has received a license as a Financial Services Provider (FSP) by the Financial Services Board (FSB).
IronFX Global(South Africa) is part of the IronFX Global Group, one of the largest online brokers in the world. The firm maintains over 55 offices worldwide, and serves retail and institutional customers from over 180 countries in Europe, Asia, the Middle East, Africa and Latin America. It employs more than 1,200 workers and provides customer support in over 45 different languages. IronFX's new landmark location in Johannesburg will serve as a key international hub for the brokerage group.
In addition to its new FSB licensing, IronFX is regulated by CySEC, FCA and several other international regulatory boards. The new FSB regulation highlights IronFX's ongoing integrity and financial accountability.
According to Markos A. Kashiouris, Chairman and CEO of IronFX Global, IronFX "?is absolutely delighted with the twin announcement of the opening of the new landmark office in South Africa combined with the decision of the Financial Services Board to license and regulate us there. These developments in the Southern African sub-continent represent a new milestone in the unprecedented global growth of IronFX along with our relentless efforts to extend the best and safest trading environment to clients all around the world."
IronFX is not the only Forex broker to be licensed by a South African regulator. Markets.com, another Cyprus-based firm, is also regulated by the FSB.