CySECCyprusTier 2Licence number
343/17
View licence record- Licence holder
- Held by Exenico (CY) Ltd
- Exenico
- Licence type and regime
- Straight Through Processing(STP)
Not checkedUpdated
At a glance
Regulation on record for Exenico
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
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
Exenico has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — 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.
The registers print these licences under Exenico (CY) Ltd. Searching a register for the trading brand alone may return nothing — use the name above.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for Exenico, strongest authority first.
1 record
- CySECCyprusTier 2
Protection
What this licence protects
CySEC's own rules for the firms it authorises.
- Compensation schemeUp to €20000 (ICF)
- Client money kept separate
- Negative balance protection
- Complaints routeCyprus Financial Ombudsman
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by Exenico
Answered from the register entries on this page.
Most Popular Questions
Exenico publishes a Complaint Handling Policy on its website, which is the first route. As a Cyprus Investment Firm it also falls within the remit of the Cyprus Financial Ombudsman, and its ICF Disclosure describes the investor compensation arrangements that apply to eligible clients.
Through a signed document rather than an online form. The account page asks you to download an Account Opening Agreement, complete and sign it, then upload it, so onboarding involves a manual review rather than instant registration.
By telephone on +357 22322002 or by email at info@exenico.com. The site lists an office at Themistokli Dervi 40, 3rd Floor, Office 301, 1066 Nicosia, Cyprus, and offers no live chat or messaging channel.
Exenico states that it does not offer services to residents or citizens of the United States, Canada, Russia, Israel, Palestine, Japan, Australia, North Korea, Turkey or Iran. It provides investment services within the European Economic Area excluding Belgium, and adds a general exclusion for any jurisdiction where such services are prohibited.
No. Exenico states that no fees apply to any of its deposit or withdrawal channels. It does note that the sending, correspondent and receiving banks in a transfer chain may charge their own fees, which are outside the broker's control.
By wire transfer or by Visa and Mastercard. Card deposits of 50 to 10,000 USD credit within about ten minutes and wires take two to seven business days. Withdrawals start at 5 USD by card and 100 USD by bank transfer, and take two to ten business days depending on the correspondent bank.
CFDs on forex, metals, commodities, indices and bonds, with a stocks CFD category also listed. The site describes the range as hundreds of instruments but publishes no counts per class.
MetaTrader 5, and only MetaTrader 5. The firm offers it on Windows, Mac, web, iOS and Android, with a download link on its trading platform page.
Exenico does not state a maximum leverage on its website; it publishes a separate Leverage Policy instead. Because it serves professional clients and eligible counterparties, the retail leverage caps that apply across the European Economic Area are not the relevant limits here, which makes obtaining the policy before trading important.
Exenico does not publish spreads or commissions on its website. Its pages describe pricing only in general terms and refer costs to a separate Fees and Charges Policy, so the actual figures have to be obtained from the firm before funding an account.
Exenico publishes no account-opening minimum. It publishes per-channel minimums instead: 250 USD by wire transfer and 50 USD by Visa or Mastercard.
No. Exenico states that it offers services only to professional clients and eligible counterparties under MiFID II. Anyone classified as a retail client is outside its stated client base, and the protections attached to retail status do not apply.
Nothing found in this review points to a scam. The licence, the company registration and the address the site publishes all resolve to one real, supervised Cyprus firm. The caution is different in kind: the brand is recent and the site publishes no pricing, so a prospective client is asked to sign up before seeing what trading will cost.
EXENICO (CY) LTD, a private limited company registered in Cyprus under number HE 360960 on 10 October 2016 and listed as active on the Cyprus companies registry. The company was previously named GRANDIS SECURITIES LTD, and the earlier name is recorded against the same registration number.
Exenico has one licence record 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.
Exenico holds licence records issued by CySEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by Exenico comes from tier-1 or tier-2 authorities (0 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by Exenico 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.
The registers print them under Exenico (CY) Ltd. A licence is often held by a subsidiary rather than the trading brand, which is why searching a register for the brand name alone can return nothing.
Exenico has licence records in Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.