NFAUnited StatesTier 1Licence number
0232832
View licence record- Licence holder
- Held by Compass
- Licence type and regime
- Retail Forex License
Not checkedUpdated
At a glance
Regulation on record for Compass
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 2
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 0
Compass has 2 licences on record with Wikilix, issued by one authority across one jurisdiction. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for Compass, strongest authority first.
2 records
- NFAUnited StatesTier 1
- NFAUnited StatesTier 1
Licence number
0442312
View licence record- Licence holder
- Held by Compass
- Licence type and regime
- Common Financial Service License
Not checkedUpdated
Protection
What this licence protects
NFA's own rules for the firms it authorises.
- Compensation schemeUp to USD 500000 (SIPC)
- Client money kept separate
- Complaints routeNFA Arbitration
- Maximum leverage1:47
Frequently Asked Questions
Questions about the licences held by Compass
Answered from the register entries on this page.
Most Popular Questions
The minimum deposit amount to open an account with Compass is 100 USD. This requirement applies to their trading accounts and is stated in their trading conditions.
Compass offers bank wire transfers for deposits and withdrawals, typically processed within 1-2 business days for deposits and 7-10 business days for USD withdrawals. Bitcoin withdrawals are also available, processed three times per business day and usually completed by the next business day.
Compass supports several trading platforms including MetaTrader 4, NinjaTrader, and TradingView. These platforms are available on desktop and web trader types, offering features such as advanced charting, automated trading, and market analysis.
Compass is regulated by the National Futures Association (NFA) in the United States, which is an onshore regulator. It holds licenses including a Common Financial Service License and a Retail Forex License. Client funds are insured up to USD 500,000 under SIPC, indicating a high level of regulatory oversight and investor protection.
Compass has 2 licence records with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Compass holds licence records issued by NFA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by Compass come from tier-1 or tier-2 authorities (2 tier-1, 0 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 2 licence records held by Compass has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
Compass has licence records in United States. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.