Wikilix
Licence record

FXNovus: FSCA licence 50963

Issuing authority
Financial Sector Conduct Authority
Jurisdiction
South Africa
Licence type
Financial Service Corporate
Last checked
Aug 31, 2026

This is Wikilix's record of a licence issued by Financial Sector Conduct Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Sep 7, 2026

Licence Verification Record

Financial Sector Conduct Authority 50963

Wikilix read the FSCA register on Aug 31, 2026. This is what it said.

Holder
FXNOVUS (PTY) LTD
Issuing authority
Financial Sector Conduct Authority
Jurisdiction
South Africa
Licence type
Financial Service Corporate
Effective
Apr 9, 2021
Register status
active

Checked Aug 31, 2026

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

wikilix.com/brokers/fxnovus/licenses/financial-sector-conduct-authority/50963Fields on file 9 / 11

Open FXNovusAll FXNovus licencesAbout FSCA
Our check
Checked

What we checked

We found this licence on the issuing authority's own register.

Wikilix check
Confirmed on the register
Authority strength
Tier 2
Jurisdiction
South Africa
Last checked
Aug 31, 2026
Register says
active

Finding

Confirmed on the FSCA register as FXNOVUS (PTY) LTD (FAIS Financial Services Provider). FSP number: the register row prints FSP No "50963", exactly the licence number held in BROKER CONTEXT for FSCA; corroborated by the FSP Name "FXNOVUS (PTY) LTD" equalling the broker's fullName

Exhibit

Register screenshot, captured Aug 31, 2026
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
50963
Licence type (Wikilix classification)
Financial Service Corporate
Register status
active
Effective from
Expires
No expiry shown
The authority

About FSCA

Financial Sector Conduct Authority is the authority that issued this licence, and the jurisdiction it applies in is South Africa.

Full name
Financial Sector Conduct Authority
Jurisdiction
South Africa
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
1991
Oversight
A government or statutory body
Firms we track under it
19 firms
Regulates
Forex, Bond, Stocks, Fund, Derivatives, CFD
Licences it issues
ODP Category IIA – Principal & Agency OTC Derivatives
Typical cost of a licence
USD 50,000-100,000 + ~USD 270k capital
Public register
Searchable by the public
Transparency
High

FSCA 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

FSCA's own rules for the firms it authorises.

  • Compensation schemeUp to ZAR 500,000
  • Complaints routeFSCA Dispute Resolution
  • Maximum leverage1:30
This describes the authority's regime, not how FXNovus applies it.
The holder

Who holds this licence

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

Broker
FXNOVUS (PTY) LTD
Based in
South Africa
Wikilix score
50.0the firm’s overall score, not a rating of this licence

Wikilix has flagged FXNovus as a suspected clone of another firm. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

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.

Official source
The issuing authority’s registerPublished by the authority, not by Wikilix.
Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Evidence held
A screenshot of the register entry is on file.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences FXNovus holds

One other licence is on record for FXNovus.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
FXNovus provides customer support via email at support@FXNovus.com and offers live chat during business hours. They also maintain social media channels including Facebook, Twitter, LinkedIn, Instagram, and YouTube for additional contact and updates.
According to WIKILIX data, FXNovus offers a maximum leverage of up to 400:1. This leverage level allows traders to control larger positions but also increases risk.
The minimum deposit amount to open an account with FXNovus is 250 USD. This applies across various funding methods including credit cards, bank transfers, e-wallets, and cryptocurrency.
FXNovus supports deposits and withdrawals via credit/debit cards, bank wire transfers, e-wallets, cryptocurrency, and local payment methods. Deposits are usually instant, while withdrawals can take 8-10 business days and may incur fixed fees depending on the method. Account verification and AML/KYC compliance are required.
FXNovus is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa and the Cyprus Securities and Exchange Commission (CySEC). These regulators provide oversight and client fund insurance up to ZAR 500,000 and €20,000 respectively. However, WIKILIX classifies FXNovus as a suspicious clone, so users should exercise caution.
Licence 50963 was issued by Financial Sector Conduct Authority (FSCA), the financial authority for South Africa.
FXNovus holds this FSCA licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the FSCA register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
Wikilix rates FSCA tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
Yes, FSCA 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.
This page links straight to the FSCA register. Search it for 50963, and for the name FXNovus rather than the trading brand.
FXNovus has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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