South Africa’s Online Trading Firm Afrimarkets Stripped of Licence, Firm Denies Wrongdoing

Regulatory pressure on South Africa’s online trading
sector has intensified, with Afrimarkets Capital now permanently stripped of
its financial services provider licence after a misconduct probe by the
Financial Sector Conduct Authority.The move follows months of scrutiny into Afrimarkets’
business practices and marks a significant step in the regulator’s campaign to
address misconduct in the retail trading sector.​The FSCA first moved against Afrimarkets Capital (Pty)
Ltd (FSP 52813) on 4 July 2025…