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Licence record

FNmarkets licences

2 licences are on record for FNmarkets. 2 have been checked against an official register.

Back to FNmarkets
At a glance
Last checked

Regulation on record for FNmarkets

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
2
From tier-1 or tier-2 authorities
0
Found on an official register
2

FNmarkets has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. None was issued by a tier-1 or tier-2 authority. We located 2 of 2 on the issuing authority’s own register.

One licence comes from an authority classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.

The registers print these licences under FNmarkets (Mauritius) Ltd, FNmarkets 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 FNmarkets, strongest authority first.

2 records
A licence we could not confirm, or one a register has closed, is listed with that finding rather than left out.
Check it yourself

Look these up on the official registers

Each authority below publishes a register you can search. The name a register prints is often a separate legal entity, not the trading brand — search for the name given here.

  • MISA registerSearch for number BFX2024210, issued to FNmarkets LTDOpen register
Register links are published by the authorities, not by Wikilix.
Protection

What this licence protects

FSC's own rules for the firms it authorises.

  • Compensation schemeDeposit insurance covers up to MUR 300,000 per depositor
  • Complaints routeFSC complaints
  • Maximum leverageVaries by broker
This describes the authority's regime, not how FNmarkets applies it.
Frequently Asked Questions

Questions about the licences held by FNmarkets

Answered from the register entries on this page.

Most Popular Questions

Not long, and the founding date is not reliably documented. The earliest date confirmed for the operation is its Comoros licence, effective 20 November 2024, and the Mauritius company was incorporated on 21 July 2025. There is no verifiable record of the brand before late 2024.

There is no external body to appeal to. The Comoros authority behind the forex licence operates no complaints mechanism, no ombudsman and no compensation scheme, and the Mauritius licence does not cover the forex service, so its complaints route does not apply. Any dispute would have to be pursued directly with the company.

The published contact points are the email address support@fnmarketsglobal.com and a United Kingdom telephone number, +44 07882 967220. The registered address given for the Comoros company is Bonovo Road, Fomboni, Island of Moheli, Comoros Union.

Nothing on record says that it is. The Comoros authority that licenses the forex service does not require client funds to be segregated, and no commitment to segregation is published by the operator. A client should assume deposits sit alongside company money unless the broker states otherwise in writing.

This could not be established. No restricted-country list, accepted-country list or eligibility clause is on record for this operator, so there is no reliable statement of which jurisdictions it will and will not onboard.

Yes. The Islamic account is the swap-free tier, with variable spreads from 0.8 pips, the same 50 USD minimum deposit and the same 1:500 maximum leverage as the other accounts.

This is not published. Neither the processing time for any payment channel nor the withdrawal fee, minimum or maximum is on record, so the cost and the timing of taking money out cannot be established before an account is funded. That is worth weighing before depositing.

Cards, mobile wallets and cryptocurrency are accepted, including Visa, Mastercard, Apple Pay, Google Pay, Sticpay, Volet and crypto transfers. Deposits are stated to carry no broker charge.

MetaTrader 5 only, running on a single live server. There is no MetaTrader 4 option and no proprietary platform.

It depends on the account. The Raw account quotes variable spreads from 0.0 pips and charges a commission of 7 USD per lot. The Standard and Islamic accounts quote from 0.8 pips and charge no commission. No account-keeping or inactivity fee is applied.

Up to 1:500 on every account. That is several times the retail limit imposed by regulators in the United Kingdom, the European Union and Australia, and it is available because the offshore licence sets no cap. Leverage at that level magnifies losses as much as gains.

50 USD. The same minimum applies to all three accounts, Standard, Raw and Islamic.

The brand runs through two companies. FNmarkets LTD, registered in the Comoros, holds the forex licence. FNmarkets (Mauritius) Ltd, incorporated on 21 July 2025 under number C224178, holds a Mauritius securities licence. The Mauritius entity reports that it has no corporate parent and is held by natural persons, who are not named publicly.

There is no evidence that FNmarkets is a scam. It is a licensed operation with two named companies behind it, one of which is confirmed on an official corporate registry. The concern is not fraud but recourse: the licence covering its trading service requires no segregation of client money and funds no compensation scheme, so a client who runs into trouble has very little to fall back on.

FNmarkets has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
FNmarkets holds licence records issued by FSC, MISA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
None of the licence records held by FNmarkets comes from a tier-1 or tier-2 authority.
We located 2 of the 2 licence records held by FNmarkets on the issuing authority’s own register. Every entry has been looked up. An unchecked entry is a gap in our coverage, not a finding against the licence.
The registers print them under FNmarkets (Mauritius) Ltd, FNmarkets 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.
FNmarkets has licence records in Mauritius, Comoros. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.
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