
HONG KONG, December 3, 2025 – Spec FX, a regulated fintech trading platform, today announced a significant milestone in its multi-regulatory expansion strategy with the successful acquisition of Financial Sector Conduct Authority (FSCA) licensing in South Africa. This achievement establishes the company as a dual-regulated forex and CFD broker and marks a pivotal step in strengthening its regulatory infrastructure for planned regional growth across Asia-Pacific and African markets.
The FSCA license represents the second major regulatory authorization for Spec FX, complementing its existing Financial Services Commission (FSC) Mauritius license and establishing a robust multi-jurisdictional regulatory framework. This strategic approach to regulatory expansion demonstrates the company's commitment to operating under comprehensive oversight as it scales operations across diverse markets.
"Our vision is to build a truly multi-regulatory brokerage with deep regional presence across key growth markets," said Lucy Lu, General Manager of Spec FX and former Director of IC Markets. "The FSCA license isn't simply about entering South Africa, it's about establishing the regulatory infrastructure and operational capacity needed to serve African markets with the same level of compliance and service quality we've built in Asia-Pacific."
The dual regulatory framework positions Spec FX to pursue additional licensing opportunities across strategic jurisdictions, with each new authorization strengthening the company's ability to serve local trader communities under appropriate regional oversight.
Spec FX's approach to expansion prioritizes regulatory solidity over rapid market entry. By securing comprehensive licenses in key jurisdictions, the company is building a foundation for sustainable growth across multiple regions simultaneously.
This multi-regional regulatory strategy enables Spec FX to adapt its offerings to local market requirements while maintaining consistent standards for transparency, security, and trader protection across all jurisdictions.
"We're not just adding licenses, we're building regional infrastructure," Lu explained. "Each regulatory authorization allows us to establish local partnerships, develop market-specific products, and create the operational capacity needed for long-term regional presence."
As part of its expansion momentum, Spec FX launched a comprehensive Trading Rewards Program designed to provide tangible value to traders across all markets as the company scales its operations.
Trading Rewards Program Features:
"As we expand our regulatory footprint and build infrastructure across new regions, we want our traders to share in that growth," said Lu. "We created a rewards program that genuinely values trading activity with products and experiences traders actually want, from monthly cash bonuses to premium electronics and luxury items that recognize trader loyalty as we build this multi-regional platform together."
The rewards program demonstrates Spec FX's commitment to trader value even as the company invests heavily in regulatory expansion and infrastructure development.
Spec FX's regulatory expansion strategy reflects broader industry trends toward multi-jurisdictional authorization as brokers seek to serve global trader communities while meeting increasing regulatory requirements. The company's focus on obtaining comprehensive licenses, rather than pursuing lighter regulatory frameworks, positions it for sustainable growth as regulatory standards continue to evolve globally.
The FSCA authorization provides immediate access to South Africa's sophisticated financial markets while establishing the operational and compliance infrastructure necessary for expansion across African markets. Similarly, the FSC Mauritius license serves as the foundation for ongoing Asia-Pacific regional growth.
About Spec FX – Building a Multi-Regulatory Global Broker
Spec FX is an emerging multi-jurisdictional forex and CFD broker regulated by the Financial Services Commission of Mauritius (FSC) and the Financial Sector Conduct Authority of South Africa (FSCA). The company is pursuing a strategic expansion strategy focused on strengthening regulatory infrastructure across key regions while providing innovative online trading solutions, advanced trading technology, competitive pricing, and comprehensive trader support across Asia-Pacific and African markets.
For more information about Spec FX's multi-regulatory trading services and expansion plans, visit www.specfx.com