Exness Expands Africa Presence with New Cape Town Office

Exness opens a new Cape Town office to strengthen its SSA presence, expanding support for regional traders and emerging markets.

Key Points:

• Exness launches a Cape Town office as its Sub-Saharan Africa regional hub with local professionals.
• The move aligns with its global expansion, including recent growth in Jordan and the MENA region.

Exness has strengthened its presence in South Africa with the launch of a new office in Cape Town, marking a significant step in its broader expansion strategy across Sub-Saharan Africa (SSA). Furthermore, the facility will function as the retail FX and CFD broker’s regional hub, supporting its growing operations and client base in one of the continent’s most promising markets.

The new Cape Town office is set to become the centre of Exness’ activities in South Africa and the wider SSA region. The broker currently holds regulatory licences in both South Africa and Kenya, reflecting its ongoing efforts to build a secure and compliant framework across the continent.

Exness Expands Africa Presence with New Cape Town Office

“We see immense potential in SSA, and our investment here reflects our confidence in the region’s growth and in the incredible talent driving it,” said Petr Valov, Exness’ co-founder and CEO.

In addition to supporting growth, the office will host a team of local professionals equipped to cater to the specific needs and expectations of regional clients. This emphasis on local expertise is part of the company’s strategy to strengthen trust and enhance service delivery in emerging markets.

“By building a strong local presence, we are bringing our global expertise closer to our traders,” noted Paul Margarites, Exness Regional Commercial Director. “This office is more than a space; it’s a reflection of our long-term commitment to traders in the region.”

Exness’ move comes as global brokers increasingly turn their attention to South Africa, a country viewed as one of the most attractive markets for retail trading. With a GDP of around $400 billion in 2024 and one of the highest per capita incomes on the continent, South Africa offers a strong foundation for the continued growth of retail financial services.

The Cape Town launch follows the broker’s expansion in the Middle East, where it recently opened a new office in Amman, Jordan. Also, with regulatory approval in Jordan and a growing footprint across the MENA region, Exness is solidifying its presence in several emerging global markets.

Together, the new South African and Jordanian offices signal Exness’ long-term strategy of expanding its physical presence in fast-growing regions, supported by local talent and regulatory compliance.

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