FSASaint Vincent and the GrenadinesTier 3Licence number
1630 LLC 2021
View licence record- Licence holder
- Held by FXCL
- Licence type and regime
- Common Business Registration
- Offshore
Not checkedUpdated
At a glance
Regulation on record for FXCL
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
- 0
FXCL 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. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
2 licences come from authorities classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for FXCL, strongest authority first.
2 records
- FSASaint Vincent and the GrenadinesTier 3
VFSCVanuatuTier 4Licence number
14610
View licence record- Licence holder
- Held by FXCL
- Licence type and regime
- Retail Forex License
- Offshore
Not checkedUpdated
Protection
What this licence protects
FSA's own rules for the firms it authorises.
- No compensation scheme
- Complaints routeFSA Enquiries
- Maximum leverage1:1000
Frequently Asked Questions
Questions about the licences held by FXCL
Answered from the register entries on this page.
Most Popular Questions
FXCL Markets Ltd offers a maximum leverage of up to 2000. This high leverage level allows traders to control larger positions with smaller amounts of capital, but it also increases risk.
FXCL supports deposits and withdrawals via credit/debit cards, local bank transfers, online bank transfers (Paytrust), e-wallets like FasaPay, and Dragonpay for the Philippines. Deposits can be as low as 1 to 5 USD depending on the method, with processing times ranging from instant to 24 hours. The broker does not charge fees but third-party fees may apply.
FXCL Markets Ltd offers the MetaTrader 4 and MetaTrader 5 platforms, both available as web versions. These platforms support trading in Forex, stocks, and futures with advanced charting and algorithmic trading tools. They are developed by MetaQuotes Software Corp and are widely used in the industry.
FXCL Markets Ltd is regulated by the Vanuatu Financial Services Commission (VFSC) and the Seychelles Financial Services Authority (FSA). Both regulators are offshore and provide retail forex and securities licenses.
FXCL 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.
FXCL holds licence records issued by FSA, VFSC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
None of the licence records held by FXCL comes from a tier-1 or tier-2 authority.
Not yet. None of the 2 licence records held by FXCL 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.
FXCL has licence records in Saint Vincent and the Grenadines, Vanuatu. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.