Exness Expands Its South African Footprint with New High-Tech Cape Town Office
Exness Expands Its South African Footprint with New High-Tech Cape Town Office. Global retail broker Exness is strengthening its presence in South Africa with the opening of a new high-tech office in Cape Town’s V&A Waterfront, marking a significant step in its regional growth strategy. The new facility, scheduled to open on 10 November, underscores the company’s commitment to local investors and the broader South African financial ecosystem.
Having entered the South African market in 2020, Exness quickly established itself as a trusted name in online trading, offering a range of financial instruments such as CFDs in FX pairs, precious metals, cryptocurrencies, commodities, indices, and stocks. Over the past four years, the company has built a strong reputation among South African traders for its transparency, customer-centric service, and innovative trading technology.
The establishment of a larger physical presence is a natural progression for Exness, which continues to deepen its roots in Africa’s most sophisticated financial market. The new Cape Town office will serve as a regional hub to better engage with traders, partners, and financial institutions across Sub-Saharan Africa.
Exness Director for Sub-Saharan Africa, Paul Margarites, described the move as a milestone in the company’s journey, highlighting that the expansion reflects Exness’s confidence in the South African market and its long-term vision for the region.
Since obtaining its Financial Services Provider (FSP) license in 2020 and later its Over-the-Counter Derivative Provider (ODP) license in 2024, Exness has aligned itself with South Africa’s robust regulatory framework, reinforcing its reputation for responsible and transparent operations. These licenses allow the company to operate within a well-defined legal environment, ensuring that local investors can trade with confidence and trust.
Transparency has been one of Exness’s defining principles. It became the first global broker to publicly release its financial reports and key performance indicators on its website, alongside tick-level price data across all instruments. This level of openness has positioned Exness as a benchmark for integrity in an increasingly competitive industry.
As Exness continues to grow its client base in South Africa, its new Cape Town office symbolizes more than just expansion, it represents the company’s long-term commitment to empowering traders through education, technology, and local partnerships. The strategic location at the V&A Waterfront places Exness at the heart of one of Africa’s most dynamic business districts, providing both visibility and accessibility to its growing network of traders and collaborators.
For South African entrepreneurs and financial startups, the arrival of Exness’s regional office highlights the continued international interest in South Africa’s thriving fintech landscape. It also signals growing opportunities for collaboration within the country’s fast-evolving investment and trading ecosystem.
