Wikilix
Licence record

MiTRADE: FSCA licence recorded for MiTRADE

Issuing authority
Financial Sector Conduct Authority
Jurisdiction
South Africa
Licence type
Retail Forex License

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.

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Licence intelligence

RecordModified Sep 7, 2026

Licence Verification Record

Financial Sector Conduct Authority No number on the register

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

Holder
Mitrade Global Pty Ltd
Issuing authority
Financial Sector Conduct Authority
Jurisdiction
South Africa
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/mitrade/licenses/financial-sector-conduct-authority/licence-3937Fields on file 1 / 11

Open MiTRADEAll MiTRADE licencesAbout FSCA
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
South Africa
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 type (Wikilix classification)
Retail Forex License
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 MiTRADE applies it.
The holder

Who holds this licence

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

Broker
Mitrade Global Pty Ltd
Based in
Australia
Operating
10-15 years
Wikilix score
48.6the 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.

  • MITRADE EU LIMITEDCyprus · Reg. HE420923 · Apr 23, 2021
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 MiTRADE holds

3 other licences are on record for MiTRADE.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
MiTRADE provides access to a wide range of regulated financial instruments including Forex, Stocks, Options, Derivatives, Commodities, Securities, CFDs, and Futures. This variety allows traders to diversify their portfolios across multiple asset classes.
MiTRADE offers customer support primarily in English via live chat during business hours and email at cs@mitrade.com. The broker maintains active social media channels for additional contact options, but phone support details are not specified in the provided context.
MiTRADE offers leverage up to 200 times, which allows traders to control larger positions with a smaller amount of capital. This leverage level is subject to regulatory restrictions depending on the jurisdiction and the type of instrument traded.
The minimum deposit amount to open an account with MiTRADE is 50 USD. Some deposit methods, such as Visa/Mastercard, may require a higher minimum deposit of 1000 USD in certain regions. These requirements ensure compliance with regulatory standards and client verification.
MiTRADE supports various funding methods including Visa/Mastercard, bank transfers, e-wallets like Skrill, Poli, and Worldpay. Deposits are generally instant or processed within hours, while withdrawals can take 1-3 business days up to 15 days. Verification and name matching are required for withdrawals, and no fees are charged by MiTRADE, though third-party fees may apply.
MiTRADE is regulated by several authorities including ASIC in Australia and CySEC in Cyprus, both considered onshore regulators. It operates under strict regulatory frameworks with high transparency and client fund segregation, but it does not have mandatory client fund insurance. According to WIKILIX, MiTRADE holds licenses that cover Forex, Stocks, Options, and other instruments.
MiTRADE holds this FSCA 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 FSCA 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 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.
MiTRADE has 3 other licences on record with Wikilix, across 3 jurisdictions. They are listed further down this page.
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