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Licence record

FXGM: CySEC licence 161/11

Issuing authority
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Licence type
Market Making(MM)

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

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RecordModified Aug 3, 2026

Licence Verification Record

Cyprus Securities and Exchange Commission 161/11

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

Holder
FXGM
Issuing authority
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Licence type
Market Making(MM)

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

wikilix.com/brokers/fxgm/licenses/cyprus-securities-and-exchange-commission/161-11Fields on file 2 / 11

Open FXGMAll FXGM licencesAbout CySEC
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 2
Jurisdiction
Cyprus
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
161/11
Licence type (Wikilix classification)
Market Making(MM)
The authority

About CySEC

Cyprus Securities and Exchange Commission is the authority that issued this licence, and the jurisdiction it applies in is Cyprus.

Full name
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
2001
Oversight
A government or statutory body
Firms we track under it
216 firms
Regulates
Forex, Stocks, Options, Derivatives, Commodity, Securities, Futures, CFD
Licences it issues
CIF – Own Account / Matched Principal (CFDs)
Typical cost of a licence
€50000-100000
Public register
Searchable by the public
Transparency
High
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
This describes the authority's regime, not how FXGM applies it.
The holder

Who holds this licence

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

Broker
FXGM
Based in
Cyprus
Wikilix score
60.4the 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 FXGM holds

5 other licences are on record for FXGM.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
FXGM offers a maximum leverage of up to 200:1. This leverage level applies across their trading accounts, allowing traders to control larger positions with a smaller amount of capital.
The minimum deposit amount required by FXGM is 200 USD. This allows clients to start trading with the broker under their variable spread and leverage conditions.
FXGM supports various funding methods including VISA, Mastercard, Maestro, bank transfers, Skrill, Neteller, PayPal, and others. Deposits are typically instant with no broker-imposed fees, while withdrawals require verification and funds must return to the original deposit source. Processing times vary, with bank transfers taking up to 3 business days.
According to WIKILIX data, FXGM offers the MetaTrader 4 platform, which is available on iOS, macOS, Android, and Windows. MetaTrader 4 is known for advanced charting, automated trading via Expert Advisors, and reliable execution.
FXGM is regulated by several authorities including CySEC in Cyprus, BaFin in Germany, FCA in the UK, and others. Client funds are protected up to €20,000 under the Investor Compensation Fund in Cyprus and similar protections apply in other jurisdictions. FXGM operates with high transparency and follows onshore regulatory standards.
Licence 161/11 was issued by Cyprus Securities and Exchange Commission (CySEC), the financial authority for Cyprus.
FXGM holds this CySEC 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 CySEC 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 CySEC tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
FXGM has 5 other licences on record with Wikilix, across 5 jurisdictions. They are listed further down this page.
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