Wikilix
Licence record

MEGA FUSION: FSC licence GB23201920

Issuing authority
Financial Services Commission
Jurisdiction
Mauritius
Licence type
Retail Forex License

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

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Licence intelligence

RecordModified Jul 27, 2026

Licence Verification Record

Financial Services Commission GB23201920

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

Holder
Mega Fusion Group Ltd
Issuing authority
Financial Services Commission
Jurisdiction
Mauritius
Licence type
Retail Forex License

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

wikilix.com/brokers/mega-fusion/licenses/financial-services-commission/gb23201920Fields on file 2 / 11

Open MEGA FUSIONAll MEGA FUSION licencesAbout FSC
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 3
Jurisdiction
Mauritius
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
GB23201920
Licence type (Wikilix classification)
Retail Forex License
The authority

About FSC

Financial Services Commission is the authority that issued this licence, and the jurisdiction it applies in is Mauritius.

Full name
Financial Services Commission
Jurisdiction
Mauritius
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
1999
Oversight
A government or statutory body
Firms we track under it
8 firms
Regulates
Forex, Fund, Derivatives
Licences it issues
Investment Dealer (Full Service)
Typical cost of a licence
USD 20000-30000
Public register
Searchable by the public
Transparency
Medium

FSC 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

FSC's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeFSC Complaints
  • Maximum leverage1:1000
This describes the authority's regime, not how MEGA FUSION applies it.
The holder

Who holds this licence

The licence above is recorded against MEGA FUSION. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
Mega Fusion Group Ltd
Based in
Australia
Wikilix score
49.9the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • MEGA FUSION GROUP PTY LTDAustralia · Reg. 149074037 · Feb 1, 2011
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 MEGA FUSION holds

2 other licences are on record for MEGA FUSION.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
Mega Fusion requires withdrawals to be made only to accounts matching the registered trading name of the client. This policy applies across all withdrawal methods to ensure compliance with KYC regulations.
Mega Fusion offers a maximum leverage of up to 1000:1. This high leverage is available under its Mauritius Financial Services Commission license, while other regulatory jurisdictions may have different limits.
The minimum deposit amount to open an account with Mega Fusion is 100 USD. This applies across various funding methods including bank cards, e-wallets, cryptocurrencies, and wire transfers.
Mega Fusion supports deposits and withdrawals via bank cards, e-wallets including Alipay, cryptocurrencies like Bitcoin and Ethereum, and bank wire transfers. Deposits are typically instant, while withdrawals may take 1-5 business days depending on the method, with some withdrawal fees applicable for wire transfers.
Mega Fusion offers the MetaTrader 4 and MetaTrader 5 platforms. Both platforms support desktop use and provide advanced charting, automated trading, and multi-asset trading capabilities.
Mega Fusion Group Ltd is regulated by multiple authorities including ASIC in Australia, FSC in Mauritius, and FSCA in South Africa. These regulators provide various levels of oversight, with ASIC being a tier 1 regulator. The broker follows strict fund segregation but does not have mandatory client fund insurance.
Licence GB23201920 was issued by Financial Services Commission (FSC), the financial authority for Mauritius.
MEGA FUSION holds this FSC 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 FSC 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 FSC tier 3. Supervision is lighter-touch and client protections vary.
Yes, FSC 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.
MEGA FUSION has 2 other licences on record with Wikilix, across 2 jurisdictions. They are listed further down this page.
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