The firm also maintains a Seychelles Securities Broker License.
In the region, substantial growth has been projected for digital asset market revenues.
Bloomberg
OnEquity, a CFD and FX broker, has achieved full licensing
from the Financial Sector Conduct Authority (FSCA) of South Africa, marking a milestone
in its operational journey. The company, which has been active in the market
since 2022, now holds the FSCA license alongside its Seychelles Securities
Broker License.
FSCA License: Expands South African Forex Reach
The newly acquired FSCA license, enables OnEquity to offer
its financial services in South Africa, enhancing its regulatory compliance and
affirming its focus to transparency and reliability in trading operations.
Enver Snyders, OnEquity's Country Manager, South Africa, Source: LinkedIn
Enver Snyders, OnEquity's Country Manager for South Africa,
expressed the significance of this achievement, highlighting the opportunities
it unlocks for the company to navigate the forex trading market in South Africa
seamlessly. He emphasized the importance of being a reputable and regulated
forex broker to establish a meaningful presence in the region.
Strategic Expansion amid Growing
Financial Demand
The expansion into the South African market is aligned with
technological advancements and the growing demand for financial services in the
region. With digital asset market revenues projected to experience substantial
growth in the coming years, OnEquity aims to leverage this opportunity to
solidify its position.
Looking ahead, OnEquity aims to expand its reach within the
South African forex market and pivot towards Sub-Saharan Africa. Snyders Commented:
“Taking over Sub-Saharan Africa is a complex and challenging task for a forex
broker. We have conducted thorough market research from our side to understand
the local forex landscape, regulatory environment, economic conditions, and
potential opportunities in Sub-Saharan Africa.”
OnEquity offers a range of CFD instruments on currencies,
indices, cryptocurrencies, commodities, and stocks, as well as nearly 60
currency pairs.
Meanwhile, South Africa maintained its status as the
continent's largest player in the online retail forex industry, hosting around
190,000 daily FX traders and generating approximately $2.21 billion per day in
forex trading volumes. Despite Nigeria having more traders, South Africa's
dominance is attributed to its robust regulatory framework, overseen by the
FSCA, fostering a conducive environment
for forex trading.
OnEquity, a CFD and FX broker, has achieved full licensing
from the Financial Sector Conduct Authority (FSCA) of South Africa, marking a milestone
in its operational journey. The company, which has been active in the market
since 2022, now holds the FSCA license alongside its Seychelles Securities
Broker License.
FSCA License: Expands South African Forex Reach
The newly acquired FSCA license, enables OnEquity to offer
its financial services in South Africa, enhancing its regulatory compliance and
affirming its focus to transparency and reliability in trading operations.
Enver Snyders, OnEquity's Country Manager, South Africa, Source: LinkedIn
Enver Snyders, OnEquity's Country Manager for South Africa,
expressed the significance of this achievement, highlighting the opportunities
it unlocks for the company to navigate the forex trading market in South Africa
seamlessly. He emphasized the importance of being a reputable and regulated
forex broker to establish a meaningful presence in the region.
Strategic Expansion amid Growing
Financial Demand
The expansion into the South African market is aligned with
technological advancements and the growing demand for financial services in the
region. With digital asset market revenues projected to experience substantial
growth in the coming years, OnEquity aims to leverage this opportunity to
solidify its position.
Looking ahead, OnEquity aims to expand its reach within the
South African forex market and pivot towards Sub-Saharan Africa. Snyders Commented:
“Taking over Sub-Saharan Africa is a complex and challenging task for a forex
broker. We have conducted thorough market research from our side to understand
the local forex landscape, regulatory environment, economic conditions, and
potential opportunities in Sub-Saharan Africa.”
OnEquity offers a range of CFD instruments on currencies,
indices, cryptocurrencies, commodities, and stocks, as well as nearly 60
currency pairs.
Meanwhile, South Africa maintained its status as the
continent's largest player in the online retail forex industry, hosting around
190,000 daily FX traders and generating approximately $2.21 billion per day in
forex trading volumes. Despite Nigeria having more traders, South Africa's
dominance is attributed to its robust regulatory framework, overseen by the
FSCA, fostering a conducive environment
for forex trading.
Retail Trading & Prop Firms in 2025: Five Defining Trends - And One Prediction for 2026
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
