Wikilix
Licence record

BFC Forex: FSS licence recorded for BFC Forex

Issuing authority
Financial Supervisory Service
Jurisdiction
India
Licence type
Financial Service

This is Wikilix's record of a licence issued by Financial Supervisory Service. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Sep 7, 2026

Licence Verification Record

Financial Supervisory Service No number on the register

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
BFC Forex
Issuing authority
Financial Supervisory Service
Jurisdiction
India
Licence type
Financial Service

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/bfc-forex/licenses/financial-supervisory-service/licence-3228Fields on file 1 / 11

Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 2
Jurisdiction
India
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence type (Wikilix classification)
Financial Service
The authority

About FSS

Financial Supervisory Service is the authority that issued this licence, and the jurisdiction it applies in is India.

Full name
Financial Supervisory Service
Jurisdiction
India
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
1999
Oversight
A government or statutory body
Firms we track under it
7 firms
Licences it issues
Financial Investment Business Licence
Typical cost of a licence
USD 100000+
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

FSS's own rules for the firms it authorises.

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Complaints routeDisputes Mediation Committee
  • Maximum leverage1:25
This describes the authority's regime, not how BFC Forex applies it.
The holder

Who holds this licence

The licence above is recorded against BFC Forex. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
BFC Forex
Based in
United Kingdom
Wikilix score
39.9the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • BFC GROUP HOLDINGS W.L.L.United Kingdom · Reg. FS201420597 · Oct 23, 2014
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
BFC Forex supports bank cash transfers for deposits and withdrawals, with instant processing times. There is no specified minimum or maximum deposit or withdrawal amount, and no fees are indicated for these transactions.
BFC Forex customer support is available via phone at 1800 103 3006 and email at contactus@bfcforex.com. Live chat support is also available during business hours, and support is provided in English.
BFC Forex offers a maximum leverage of 1 according to the trading conditions data. This is significantly lower than typical forex brokerages, reflecting a conservative leverage policy.
BFC Forex is regulated by the Financial Supervisory Service (FSS) in South Korea, which is an onshore government regulator. The broker follows strict fund segregation rules but does not have mandatory client fund insurance. According to WIKILIX, the FSS is a tier 2 global regulator with a high transparency level.
BFC Forex holds this FSS licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the FSS register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates FSS tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
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