Latest news with #SihleTuta
Int'l Business Times
02-06-2025
- Business
- Int'l Business Times
PrimeXBT expands global reach with FSCA-regulated crypto asset services
Castries, Saint Lucia, June 2nd, 2025, Chainwire PrimeXBT, a global multi-asset broker, has expanded its regulated offerings with approval from the Financial Sector Conduct Authority (FSCA) in South Africa to provide crypto services. This development strengthens PrimeXBT's presence in one of Africa's leading financial markets and supports the company's broader mission to advance regulated crypto access worldwide. With this updated licence in place, PrimeXBT is now offering traders a secure and trusted environment to deposit, withdraw, trade, and convert digital assets. South African clients gain access to crypto-funded accounts on MT5, PXTrader, and Crypto Futures, with support for BTC, ETH, USDT, and USDC margin trading, including CFD trading on stocks, indices, forex, crypto and commodities. Traders can also benefit from on-platform tools to instantly exchange crypto to crypto or stablecoins with USD. "This expansion not only benefits South African traders but also represents our broader commitment to global crypto adoption under trusted regulatory framework," said Sihle Tuta, Head of Region at PrimeXBT South Africa. "At PrimeXBT, we aim to lead by example, delivering an all-in-one trading experience that prioritises trust, access, and innovation. As one of the few regulated brokers offering both crypto and traditional financial instruments, we bring these markets together through a unified platform built for diverse trading strategies." In addition to expanding its trading services, PrimeXBT continues to invest in trader education and financial literacy across the world. The broker offers online learning resources, webinars, and market insights tailored to various levels of trading experience. As part of its global CSR initiatives, PrimeXBT also supports community-focused projects with a strong emphasis on education and skills development. This addition to PrimeXBT's regulated operations further strengthens its reputation as a compliant and forward-thinking broker. As demand for regulated crypto access grows, PrimeXBT is well-positioned to serve traders with a platform that blends security, flexibility, and innovative market access. To learn more, users can visit the PrimeXBT website. About PrimeXBT is a global multi-asset broker trusted by over 1,000,000 traders in 150+ countries, offering a next-generation trading experience that bridges traditional and digital finance. Clients can trade CFDs on Stocks, Indices, Commodities and Crypto, as well as Crypto Futures and Forex. PrimeXBT also enables clients to buy and sell cryptocurrencies, store them in secure built-in wallets, and instantly exchange crypto to crypto or fiat to crypto, all within one integrated environment. Since 2018, PrimeXBT has made investing more accessible by lowering barriers to entry and providing secure, easy access to financial markets. This accessibility extends across its native web and mobile platforms, MetaTrader 5, and a variety of funding options in crypto, fiat, and local payment methods. Committed to putting clients first, PrimeXBT empowers traders of all levels with innovative tools and industry-leading conditions, delivering a better way to trade. Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website. Some products and services, including MT5, may not be available in your jurisdiction. The applicable legal entity and its respective products and services depend on the client's country of residence and the entity with which the client has established a contractual relationship during registration. Contact PrimeXBT pr@
Mail & Guardian
08-05-2025
- Business
- Mail & Guardian
PrimeXBT expands MT5 offering with over 100 new trading instruments in South Africa
PrimeXBT, a regulated multi-asset broker, has expanded its MetaTrader 5 (MT5) offering for South African clients, introducing over The newly added instruments include 57 additional Forex pairs covering minors, crosses, and exotics, including the CAD/ZAR and CHF/ZAR currency pairs; 8 global indices such as CHINAH, GERMID50, and the South Africa Top 40 (SA40); and 9 key commodities like coffee and gasoil. For the first time on MT5, clients can also trade 35 Crypto CFDs, enabling access to trending digital asset CFDs within a high-performance trading environment. 'This MT5 expansion sets a new benchmark for multi-asset trading in South Africa,' said Sihle Tuta, Head of Region for PrimeXBT South Africa. 'By combining global reach with locally relevant markets, we're equipping traders with the tools, instruments, and infrastructure to navigate today's dynamic trading landscape with greater flexibility and choice.' Alongside global asset additions, PrimeXBT South Africa continues to enhance accessibility by supporting a variety of regional payment options. This includes convenient payment methods in ZAR, such as bank transfers and e-wallet providers, enabling traders to deposit and withdraw funds with greater ease. With competitive fees, tight spreads, and high-speed execution, South African clients can now explore a broader range of instruments, and manage diverse trading strategies, all through a single brokerage account. Start trading over 100 new instruments on MT5 with . Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website. PrimeXBT (PTY) LTD is an authorised financial services provider in South Africa with licence number 45697. PrimeXBT (PTY) LTD acts as an intermediary between the investor and the market maker which is the counterparty to the products purchased through PrimeXBT.
The Citizen
30-04-2025
- Business
- The Citizen
PrimeXBT launches MT5 stock trading in South Africa
These high-profile stocks represent fast-moving sectors that continue to capture trader interest, offering exposure to dynamic and evolving narratives. PrimeXBT, a regulated multi-asset broker, has expanded its offering in South Africa with the launch of stock CFDs, providing traders with access to some of the world's most closely watched stocks. This launch marks a key step in bringing a broader range of opportunities to South African clients, with stock trading now available on both MetaTrader 5 (MT5) and the PrimeXBT CFD trading platform. The expansion includes leading US stocks such as MicroStrategy (MSTR), Amazon (AMZN), and Tesla (TSLA), each gaining major attention on the back of global themes such as AI, robotics, Bitcoin strategies, and the race for EV dominance. These high-profile stocks represent fast-moving sectors that continue to capture trader interest, offering exposure to dynamic and evolving narratives. 'Our goal is to equip traders in South Africa with access to the world's most in-demand markets,' said Sihle Tuta, Head of Region for PrimeXBT South Africa. 'The launch of stock CFDs on MT5 allows clients to trade high-profile global stocks with the ability to go long or short, without the barriers that often come with traditional investing.' South African clients can trade stock CFDs using USD as margin, with access to popular local payment methods including Capitec Pay, local bank transfers, and Binance Pay. Support for ZAR transactions ensures that managing deposits and withdrawals remains familiar and accessible, helping clients handle their trading activity quickly. As part of its broader mission to enhance market access and deliver greater flexibility, PrimeXBT remains focused on offering South African traders the tools to participate in global financial markets. With the launch of stock CFDs, clients can tap into some of the most actively traded stocks worldwide and take advantage of market opportunities with ease, control, and confidence. Start trading with PrimeXBT Disclaimer: The content provided here is for informational purposes only and is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results. The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money. The Company does not accept clients from the Restricted Jurisdictions as indicated on its website. PrimeXBT (PTY) LTD is an authorised financial services provider in South Africa with licence number 45697. PrimeXBT (PTY) LTD acts as an intermediary between the investor and the market maker, which is the counterparty to the products purchased through PrimeXBT.
