Wikilix
Licence record

EXNCM: VFSC licence 40356

Issuing authority
Vanuatu Financial Services Commission
Jurisdiction
New Zealand
Licence type
Financial Service

This is Wikilix's record of a licence issued by Vanuatu Financial Services Commission. 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 Aug 7, 2026

Licence Verification Record

Vanuatu Financial Services Commission 40356

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

Holder
Trademax Australia Limited
Issuing authority
Vanuatu Financial Services Commission
Jurisdiction
New Zealand
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/exncm/licenses/vanuatu-financial-services-commission/40356Fields on file 2 / 11

Open EXNCMAll EXNCM licencesAbout VFSC
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 4
Jurisdiction
New Zealand
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 number
40356
Licence type (Wikilix classification)
Financial Service
The authority

About VFSC

Vanuatu Financial Services Commission is the authority that issued this licence, and the jurisdiction it applies in is New Zealand.

Full name
Vanuatu Financial Services Commission
Jurisdiction
New Zealand
Strength
Tier 4Minimal supervision. A registration here says little about client protection.
Established
1993
Oversight
A government or statutory body
Firms we track under it
45 firms
Regulates
Forex, Stocks, Options, Derivatives, Securities, Futures
Licences it issues
Dealer in Securities Licence
Typical cost of a licence
USD 5000-10000
Public register
Searchable by the public
Transparency
Low

VFSC 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

VFSC's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeVFSC Complaints
  • Maximum leverage1:997
This describes the authority's regime, not how EXNCM applies it.
The holder

Who holds this licence

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

Broker
Trademax Australia Limited
Based in
Australia
Wikilix score
49.9the 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.

  • TRADEMAX AUSTRALIA LIMITEDAustralia · Reg. 162331311 · Nov 30, 2022
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 EXNCM holds

3 other licences are on record for EXNCM.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
Clients can contact EXNCM support via phone at +61 2 8036 8388, email at support@tmgm.com, or live chat during business hours. Support is provided in English, and the broker's office is located in Sydney, Australia.
According to WIKILIX data, EXNCM offers leverage up to 1000:1 depending on the regulatory jurisdiction. However, the maximum leverage is limited to 28:1 under ASIC regulation in Australia, reflecting local regulatory requirements.
Deposits can be made via bank transfer, credit and debit cards, e-wallets, Google Pay, Apple Pay, and Interac with a minimum deposit of 100 USD. Processing times vary from instant for cards and e-wallets to 1-4 business days for bank transfers. No broker commissions apply, but third-party fees may be charged.
EXNCM offers MetaTrader 4 and MetaTrader 5 platforms accessible via desktop, web, iOS, and Android devices. These platforms support multi-asset trading including Forex, stocks, and futures, and provide advanced charting and algorithmic trading tools.
Trademax Australia Limited is regulated by multiple authorities including ASIC in Australia, VFSC in Vanuatu, FSA in Seychelles, and FSC in Lebanon. These licenses cover financial services and securities dealing, with ASIC being an onshore regulator and others offshore.
Licence 40356 was issued by Vanuatu Financial Services Commission (VFSC), the financial authority for New Zealand.
EXNCM holds this VFSC 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 VFSC 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 VFSC tier 4, the lowest band. A registration here says little on its own about client protection.
Yes, VFSC 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.
EXNCM has 3 other licences on record with Wikilix, across 3 jurisdictions. They are listed further down this page.
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