Exness, one of the largest multi-asset retail brokers in the world, has announced that it has reached yet 

another significant regulatory milestone. The Financial Sector Conduct Authority (FSCA) has granted the 

company an ‘Over-the-Counter Derivative Provider’ (ODP) license in South Africa, broadening its license 

portfolio.

This achievement underscores Exness’ dedication to client security, high regulatory standards, and trans-

parency within the South African market.

The ODP license mandates stringent risk management protocols, and reporting standards, providing clients 

with an extra layer of protection in the trading environment. This enhanced regulatory status further reinforces 

Exness’ position as a trusted broker for local traders.

Paul Margarites, Exness Regional Commercial Director, said, "The ODP license acquisition signifies a significant 

stepping stone for Exness in South Africa. Our promise to provide a frictionless trading experience doesn’t stop 

at trading conditions and a seamless client journey but extends to robust safety and security measures that put 

our clients first. In today’s online trading landscape adherence to the FSCA’s stringent standards ensures that our 

South African clients have an extra layer of peace of mind when trading with Exness.”

Exness uses technology and ethics to raise the industry benchmark and create favourable conditions for traders. 

It offers clients a frictionless trading experience through its superior proprietary platform and unique market 

protections, allowing traders to experience how the markets should be.