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A

Sample Financial Institution

Broker · United Kingdom

Last checked: 23.09.2026
REGULATIONOfficial record verified

The licence number and scope are matched directly against the regulator’s source.

● Official source
USER FEEDBACKRecurring topics

Topics such as withdrawals, support and trading conditions are grouped by period.

● Verified platform record
COMPANY STATEMENTData disclosed by the company

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● Statement
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OVEX

Crypto exchange · South Africa

About the company

Legal company nameOVEX FSP (Pty) Ltd · OVEX (Pty) Limited · Chameleon Capital Canada Inc
Year founded—
Headquarters / registered countryCape Town, South Africa
Websiteovex.com
Last checked10.10.2026

According to its official website, OVEX is an Africa-focused provider of cross-border payments, wholesale FX and digital asset infrastructure for institutions; it says it has more than 50 institutional clients, processes over USD 222 million a month and offers more than 16 currency-pair corridors across Africa, the UK and the EU. Its services include crypto trading, Quick Convert currency conversion, a high-volume OTC desk (minimum order size ZAR 250,000), cross-border payments, prime brokerage for brokers, private placements and API access; the firm says it uses stablecoins as a settlement layer and charges no direct trading fee, pricing through the spread instead. The website says OVEX is an authorised financial services provider regulated by the FSCA; the FSCA register lists OVEX FSP (Pty) Ltd (FSP 50776) and OVEX (Pty) Limited (FSP 53922, authorised for crypto assets) at a Cape Town address. The website footer names Chameleon Capital Canada Inc, registered with FINTRAC in Canada as a money services business (MSB, C100001157); the fees page shows FSCA, FCA, AMF and MSB marks but gives no entity name or registration number for FCA and AMF. This information is the company's own statement.

Account Details

ACCOUNT TYPESIndividual · Institutional (OTC desk, broker account)
MIN. DEPOSITNot stated
PLATFORMSWeb platform · Mobile app · API
PRODUCTSCrypto trading · OTC desk · Wholesale FX · Cross-border payments · Prime brokerage · Private placements

Licences and regulation

FSCA (South Africa)

Licence no.FSP 50776
Licence holderOVEX FSP (Pty) Ltd
ScopeListed in the FSCA register as an authorised (Authorized) financial services provider under OVEX FSP (Pty) Ltd (FSP 50776); authorised since 10 Nov 2020; approved product classes: derivative instruments, shares, bonds, money market instruments, collective investment schemes and deposit products.
StatusVerified

FSCA (South Africa)

Licence no.FSP 53922
Licence holderOVEX (Pty) Limited
ScopeListed in the FSCA register as an authorised (Authorized) financial services provider under OVEX (Pty) Limited (FSP 53922); authorised since 14 Aug 2024; approved product classes: crypto assets.
StatusVerified

Sources and verification history

Official company sourcesovex.com — homepage, financial services (FSP), fees, OTC and expansion pages, footer
Regulator recordsFSCA — OVEX FSP (Pty) Ltd, FSP 50776 (fsca.co.za) · FSCA — OVEX (Pty) Limited, FSP 53922 (fsca.co.za)
Company registerCIPC (Companies and Intellectual Property Commission) — OVEX FSP (Pty) Ltd, 2015/330490/07 · OVEX (Pty) Limited, 2018/218598/07
User feedback sourcesTrustpilot · Şikayetvar · WikiFX
Last verified10.10.2026

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