KTKhwezi Trade

The Financial Sector Conduct Authority (FSCA) is the primary financial regulator in South Africa, responsible for market conduct and consumer protection. AT Global Markets SA (Pty) Ltd, operating as ATFX South Africa, holds an FSCA license with FSP number 44816. This Tier 2 license signifies that the entity is authorized to provide Over-The-Counter (OTC) Derivatives, which includes forex and CFD trading. FSCA regulation mandates that licensed providers adhere to specific operational standards, capital adequacy requirements, and consumer protection protocols. These include measures designed to ensure fair treatment of clients, transparent pricing, and access to a formal dispute resolution process. For clients of ATFX South Africa, the FSCA's oversight provides a layer of regulatory security, ensuring the broker operates within established legal and ethical guidelines tailored to the South African financial market.

To confirm the regulatory status of ATFX South Africa, it is essential to perform an independent verification through the FSCA's public register. The license, FSP 44816, was initially held by Khwezi Financial Services (trading as Khwezi Trade) and now sits with AT Global Markets SA (Pty) Ltd following the acquisition. To verify, visit the FSCA's official website and use their 'FSP Search' tool. Input FSP number 44816 to retrieve the details of the licensed entity. You should see 'AT Global Markets SA (Pty) Ltd' listed as an authorized financial services provider and an OTC Derivatives Provider. This verification step is crucial for ensuring that you are dealing with a legitimate, regulated entity that is accountable to the South African financial authorities, thereby enhancing the safety of your trading activities.

Khwezi Trade, a brand established in 2013, was a trading division of Khwezi Financial Services. A significant development occurred with the acquisition of Khwezi Financial Services by ATFX. This transition has led to the rebranding and restructuring of the entity. The company has officially changed its name to AT Global Markets SA (Pty) Ltd and now operates exclusively under the ATFX brand specifically for the African region. The khwezitrade.co.za homepage now reflects ATFX South Africa branding, and the former 'open an account' page indicates that account opening is paused during the integration process. New sign-ups are directed to ATFX Africa. This means that while the underlying regulatory license (FSP 44816) remains, the operational brand and client onboarding process have shifted to align with ATFX's global presence.

While FSCA regulation provides important safeguards, it is crucial to understand its limitations. Regulatory oversight primarily focuses on ensuring fair market conduct, operational integrity, and adherence to financial laws by the broker. It does not, however, protect traders from the inherent risks associated with financial markets or guarantee profitable outcomes. Trading forex and other OTC derivatives involves significant risk, and it is possible to lose all invested capital. Regulation does not mitigate market volatility, economic downturns, or poor trading decisions. Investors should be aware that even with a regulated broker, market losses can occur. Therefore, it is essential to approach trading with a clear understanding of the risks involved and to only invest capital that you can afford to lose, regardless of the broker's regulatory status.

Our safety desk confirms that Khwezi Trade, operating as AT Global Markets SA (Pty) Ltd under the ATFX South Africa brand, is a regulated entity under the Financial Sector Conduct Authority (FSCA) with FSP number 44816. The transition from Khwezi Financial Services to AT Global Markets SA (Pty) Ltd has been transparently communicated, with the regulatory license continuity confirmed. However, potential clients should note that direct account opening via the legacy Khwezi Trade platform is currently paused, and new registrations are directed to ATFX Africa. We advise verifying all current trading terms, including minimum deposit requirements, maximum leverage, and specific client protection features, directly with ATFX Africa, as pre-acquisition figures may no longer apply. This ensures you have the most up-to-date and accurate information before engaging in trading activities.