CySECCyprusTier 2Licence number
6042/11
View licence record- Licence holder
- Held by GLX
- Licence type and regime
- Financial Service
Not checkedUpdated
At a glance
Regulation on record for GLX
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
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
GLX has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for GLX, strongest authority first.
1 record
- CySECCyprusTier 2
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
Frequently Asked Questions
Questions about the licences held by GLX
Answered from the register entries on this page.
Most Popular Questions
While the context does not specify detailed KYC procedures, verification is required for certain funding methods such as e-wallets and local banking solutions. This is standard practice to comply with regulatory requirements.
The minimum deposit amount to open an account with GLX is 200 USD. This requirement applies regardless of the chosen deposit method.
GLX supports various funding methods including credit/debit cards, e-wallets like Neteller and Skrill, bank wire transfers, and cryptocurrencies such as Bitcoin and USDT. Deposit processing is generally instant or within a few days, while withdrawal times vary from instant to up to 10 days depending on the method, with some fees applicable.
GLX provides access to MetaTrader 4 and MetaTrader 5 platforms, which are available on desktop, mobile, and web trader versions. These platforms support multi-asset trading including Forex, stocks, and futures with advanced analytics and automated trading features.
Global Liquidity Exchange Co., Ltd. (GLX) is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 6042/11. It operates onshore with client fund insurance up to €20,000 and complies with EU regulations, excluding certain sanctioned countries like the USA and North Korea.
GLX has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
GLX holds licence records issued by CySEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by GLX comes from tier-1 or tier-2 authorities (0 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by GLX 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.
GLX has licence records in Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.