Wikilix
Licence record

Change: MTR licence FVT000072

Issuing authority
MajandusTegevuse Register
Jurisdiction
Estonia
Last checked
Sep 22, 2026

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

WIKILIX

Licence intelligence

RecordModified Sep 22, 2026

Licence Verification Record

MajandusTegevuse Register FVT000072

Wikilix read the MTR register on Sep 22, 2026. This is what it said.

Holder
xChange AS
Issuing authority
MajandusTegevuse Register
Jurisdiction
Estonia
Expires
Jan 7, 2026
Register status
Registration held by xChange AS; crypto services now run under the MiCAR CASP authorisation

Checked Sep 22, 2026

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

wikilix.com/brokers/change/licenses/majandustegevuse-register/fvt000072Fields on file 5 / 11

Open ChangeAll Change licencesAbout MTR
Our check
Checked

What we checked

This authorisation is in force but limited — it does not carry the same protections as a full trading licence.

Wikilix check
Limited
Authority strength
Tier 3
Jurisdiction
Estonia
Last checked
Sep 22, 2026
Register says
Registration held by xChange AS; crypto services now run under the MiCAR CASP authorisation

Finding

Estonian virtual-currency service provider registration held by xChange AS. This is an anti-money-laundering registration, a low-tier permission rather than a full trading licence, and is now largely superseded by the MiCAR CASP authorisation. Client protection: AML registration only; no investor compensation attaches to this registration.

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 number
FVT000072
Register status
Registration held by xChange AS; crypto services now run under the MiCAR CASP authorisation
Expires
The authority

About MTR

MajandusTegevuse Register is the authority that issued this licence, and the jurisdiction it applies in is Estonia.

Full name
MajandusTegevuse Register
Jurisdiction
Estonia
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
1992
Oversight
A government or statutory body
Firms we track under it
0 firms
Licences it issues
Business activity registration (not a license)
Typical cost of a licence
Free registration
Public register
Searchable by the public
Transparency
Medium

MTR is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

MTR's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeConsumer Protection Board
  • Maximum leverageUnlimited
This describes the authority's regime, not how Change applies it.
The holder

Who holds this licence

The licence above is recorded against Change. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
xChange AS
Based in
Estonia
Wikilix score
60.0the firm’s overall score, not a rating of this licence

Wikilix records Change as having no regulation on file. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

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
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.
Also on record

Other licences Change holds

One other licence is on record for Change.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
xChange AS offers customer support primarily in English. Support is available via live chat during business hours and email at support@changeinvest.com. The broker also maintains active social media profiles on Facebook, Twitter, LinkedIn, Instagram, and YouTube.
According to the provided data, xChange AS does not specify commission charges or spread types.
xChange AS supports deposits and withdrawals via credit/debit cards, bank wire transfers, e-wallets like Skrill and PayPal, cryptocurrencies, and local bank transfers. Processing times vary from instant for cards and e-wallets to several days for wire transfers. Withdrawal fees may apply, such as a $25 fixed fee for bank wire withdrawals.
xChange AS offers the MetaTrader 5 platform, a multi-asset trading software supporting Forex, stocks, and futures. It provides advanced analytics, faster execution, and algorithmic trading tools. The platform is available on desktop and multiple operating systems.
xChange AS is regulated by the Estonian Financial Supervisory Authority (FSA) as a MiFID investment firm. Client funds are insured up to €100,000 with investor compensation up to €20,000. The broker operates under onshore regulation within the EU/EEA and follows MiFID passporting rules.
Licence FVT000072 was issued by MajandusTegevuse Register (MTR), the financial authority for Estonia.
Change holds this MTR licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the MTR register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
Wikilix rates MTR tier 3. Supervision is lighter-touch and client protections vary.
Yes, MTR is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
Change has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.