Wikilix
Licence record

Duo Markets: SCB licence recorded for Duo Markets

Issuing authority
The Securities Commission of The Bahamas
Jurisdiction
Bahamas
Licence type
Dealing in securities

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

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Licence intelligence

RecordModified Sep 7, 2026

Licence Verification Record

The Securities Commission of The Bahamas No number on the register

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

Holder
Duo Markets
Issuing authority
The Securities Commission of The Bahamas
Jurisdiction
Bahamas
Licence type
Dealing in securities

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

wikilix.com/brokers/duo-markets/licenses/the-securities-commission-of-the-bahamas/licence-2674Fields on file 1 / 11

Open Duo MarketsAll Duo Markets licencesAbout SCB
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 3
Jurisdiction
Bahamas
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)
Dealing in securities
The authority

About SCB

The Securities Commission of The Bahamas is the authority that issued this licence, and the jurisdiction it applies in is Bahamas.

Full name
The Securities Commission of The Bahamas
Jurisdiction
Bahamas
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
1995
Oversight
A government or statutory body
Firms we track under it
10 firms
Regulates
Forex, Stocks, Fund, Options, Securities, Futures
Licences it issues
SIA Broker‑Dealer (Class II – Principal & Agency CFDs)
Typical cost of a licence
USD 30000-50000
Public register
Searchable by the public
Transparency
Medium

SCB 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

SCB's own rules for the firms it authorises.

  • No compensation scheme
  • Client money kept separate
  • Negative balance protection
  • Complaints routeSCB Complaints Unit
  • Maximum leverage1:200
This describes the authority's regime, not how Duo Markets applies it.
The holder

Who holds this licence

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

Broker
Duo Markets
Based in
South Africa
Wikilix score
65.1the firm’s overall score, not a rating of this licence
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.
Also on record

Other licences Duo Markets holds

7 other licences are on record for Duo Markets.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
Duo Markets offers a maximum leverage of up to 500:1. This leverage level is available across their regulated jurisdictions, including South Africa and the UK, depending on the specific regulatory restrictions.
Duo Markets accepts deposits and withdrawals via Bank Wire/Telegraphic Transfer, Local Bank Transfer, Visa/MasterCard, and Crypto/E-wallets. Minimum deposit is commonly USD 20 for card payments, and the minimum international withdrawal amount via bank wire is EUR 50 net after fees. Specific fees and limits for some methods are not publicly disclosed.
Duo Markets supports MetaTrader 4 and MetaTrader 5 platforms, available on desktop, iOS, Android, and web.
Duo Markets is regulated by several authorities including the Financial Sector Conduct Authority (FSCA) in South Africa and the Financial Conduct Authority (FCA) in the UK. Client fund insurance is provided up to ZAR 500,000 in South Africa and £85,000 in the UK. The broker operates under high transparency levels and offers complaint mechanisms through these regulators.
Duo Markets holds this SCB 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 SCB 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 SCB tier 3. Supervision is lighter-touch and client protections vary.
Yes, SCB 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.
Duo Markets has 7 other licences on record with Wikilix, across 4 jurisdictions. They are listed further down this page.
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