Benefits of an ODP License

1. Global Issuance:

   • Holding an ODP license allows you to offer your financial products globally. This means you can market and sell your services to clients outside of South Africa.
     
     Jurisdictional Marketing Restrictions:

     However, it's important to note that some countries have rules about how and to whom you can market financial services. In other words, you cannot promote your services to citizens of countries that prohibit unregulated marketing. We can help you navigate these restrictions to ensure compliance.
     

     Exchange Control:

     South Africa has its own rules regarding currency exchange and cross-border transactions. While you can issue services globally, there may be specific regulations to follow related to moving money in and out of South Africa. We can assist you with this as a separate service.
     

2. Leverage Flexibility:

   • Currently, there are no restrictions on leverage for ODPs in South Africa. This means you can offer your clients more flexible trading options without limitations, which can be a significant advantage.
     

3. Crypto-Friendly Environment:

   • South Africa is relatively open to ODPs and cryptocurrency. This creates opportunities for you to offer innovative financial products, especially in the growing crypto market.