FSASeychellesTier 3Licence number
SD083
View licence record- Licence holder
- Held by Meco Markets
- Licence type and regime
- Dealing in securities
- Offshore
Found on registerChecked
At a glance
Regulation on record for Meco Markets
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
- 0
- Found on an official register
- 1
Meco Markets has one licence on record with Wikilix, issued by one authority across one jurisdiction. None was issued by a tier-1 or tier-2 authority. We located 1 of 1 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.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for Meco Markets, strongest authority first.
1 record
- FSASeychellesTier 3
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.
- FSA registerOpen register
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 Meco Markets
Answered from the register entries on this page.
Most Popular Questions
Nothing we found supports that description. The company is real, active on the corporate record since 2019, and the Seychelles licence number it quotes matches a licence issued in its own name. What we cannot do is call it well disclosed: there is no published minimum deposit, leverage, spread or fee schedule, no phone number, and the legal documents contradict each other on whether the firm deals as principal or as agent. That combination makes it a broker to approach cautiously and to test with small amounts, not one we would call fraudulent.
By email at info@mecomarkets.com or through the form at the contact page. Support is advertised as 24/5, Monday to Friday, with a dedicated client service manager, while the client agreement gives office hours of 09:00 to 18:00 GMT+2, GMT+3 in summer, with contact possible until 22:00 GMT. No telephone number is published, and the site links to no social media accounts.
Yes. An account with no login or deposit for six months is treated as inactive and the firm reserves the right to charge a minimum fee, the amount depending on the account currency. An account open five years with a zero balance and no activity may be treated as dormant. The actual fee is not published.
It may. The order execution policy states that opening a position in some CFDs may require paying a commission, a spread or financing fees, with commission charged either as a percentage of trade value or as a fixed amount per unit of volume, and a daily swap charge on positions held overnight. No rates are published for any account tier.
The firm says so. Its homepage claims segregated accounts, and the client agreement defines client funds as money held in segregated client accounts or in segregated accounts with another authorised firm which may be an affiliate. Nothing on the site names the bank or the custodian, and an offshore Seychelles licence carries no compensation scheme behind that promise.
Beyond the US reportable-person exclusion, the broker names no country. Its anti-money-laundering policy refers to a monthly high-risk and blacklisted jurisdictions policy governing enhanced due diligence, but that document is not published on the site and the registration form carries no country selector. If your jurisdiction matters, ask before applying.
No. The client agreement states plainly that the company does not accept clients who are US reportable persons, a definition that covers US citizens, dual citizens, US resident aliens for tax purposes, domestic partnerships and corporations and related trusts.
Three trading tiers are described: Standard, aimed at newcomers and intermediate traders; Premium, offering lower spreads and additional features; and VIP, with the most competitive spreads and personalised service. Separately, the site describes brokerage, custody and managed account services. No tier's minimum deposit, leverage or commission is published.
The broker publishes no processing times for either deposits or withdrawals. Its terms note that the firm may delay a request until identification documents are complete, and that banks, card acquirers and currency conversion may add charges of their own. Treat withdrawal speed as an open question to test with a small amount first.
The broker lists bank wire transfers and major credit and debit cards, including Visa and Mastercard. It states that it covers most deposit processing fees and that a withdrawal fee may be charged at a rate depending on the method used, but publishes no fee schedule and no minimum or maximum amounts. Third-party and anonymous payments are refused, so funds must move from an account in your own name.
The site markets contracts for difference on forex, stocks, indices, commodities, derivatives, fixed income and cryptocurrencies, plus direct stock ownership. No instrument counts are published, so the actual size of the offering cannot be confirmed from the broker's own material.
The client agreement defines the firm's online trading facility as the MetaQuotes MT4 and MT5 platforms, or any other platform the company may offer. The website itself has no platform page, no server names and no download links, and the link its homepage carries to a trading-platforms page does not resolve.
No maximum leverage is published anywhere on the site or in the legal documents. The trading-products pages describe leveraged CFD trading in general terms, and stocks are offered on a full-ownership, zero-leverage basis. The client agreement does state a close-out rule: positions are automatically closed when the margin level reaches 50%.
The broker does not publish one. The website describes a Standard account with "accessible minimum deposit requirements" but gives no figure, and no legal document sets one either. You would have to ask the firm directly, and we would suggest getting the answer in writing before funding an account.
The operator is MECO Markets Limited, a Seychelles company with registration number C8427207, quoted in the broker's own terms as 8427207-1. Public corporate records show the entity as active, incorporated on 6 November 2019, at Suite 3, Global Village, Jivan's Complex, Mont Fleuri, Mahe. The same records show a previous legal name, HITSPREAD LIMITED. The website does not disclose its shareholders or directors.
Meco Markets 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.
Meco Markets holds licence records issued by FSA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
None of the licence records held by Meco Markets comes from a tier-1 or tier-2 authority.
We located 1 of the 1 licence records held by Meco Markets 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.
Meco Markets has licence records in Seychelles. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.