Home » Exness Opens New Cape Town Office to Drive Sub-Saharan Africa Expansion

Exness Opens New Cape Town Office to Drive Sub-Saharan Africa Expansion

Exness, one of the world’s largest multi-asset brokers, has opened a new office in Cape Town, marking a significant milestone in its long-term expansion across Sub-Saharan Africa (SSA).

With fintech innovation accelerating across the region, South Africa has become a leading hub for digital finance. Cape Town’s advanced financial system, strong talent pool, and vibrant tech ecosystem made it the ideal location for Exness’ regional headquarters.

The new state-of-the-art office will serve as the company’s operational centre for South Africa and the wider SSA region. It will be staffed by local professionals providing regional insights and support to ensure clients receive globally competitive yet locally informed services.

Exness co-founder and CEO Petr Valov described the launch as “a new chapter” for the company, reflecting its confidence in the region’s growth potential. “We see immense potential in SSA, and our investment here reflects our belief in the talent and opportunities driving the region,” he said.

The inauguration event brought together company executives, partners, and media representatives for a ribbon-cutting ceremony, speeches, and a networking reception. Celebrations continued with the Creators (EX)perience at Killarney International Raceway’s Joubert Pits, featuring supercar displays, F1-style pit stop challenges, and a high-speed racing simulator competition.

Paul Margarites, Regional Commercial Director, said the new office strengthens Exness’ connection to its clients. “By building a strong local presence, we are bringing our global expertise closer to our traders. This office is more than a space—it reflects our long-term commitment to the region,” he said.

Exness’ expansion in SSA is backed by regulatory licenses from South Africa’s Financial Sector Conduct Authority (FSCA) and Kenya’s Capital Markets Authority (CMA). The company says its blend of advanced trading infrastructure and local expertise is designed to offer traders improved access, confidence, and market-leading conditions.

Comments (0)

Your email address will not be published. Required fields are marked *