Wikilix
Licence record

Modmount: FSA licence SD119

Issuing authority
The Seychelles Financial Services Authority
Jurisdiction
Seychelles
Licence type
Retail Forex License

This is Wikilix's record of a licence issued by The Seychelles Financial Services 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

The Seychelles Financial Services Authority SD119

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

Holder
Modmount Services Limited
Issuing authority
The Seychelles Financial Services Authority
Jurisdiction
Seychelles
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/modmount/licenses/the-seychelles-financial-services-authority/sd119Fields on file 2 / 11

Open ModmountAll Modmount licencesAbout FSA
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
Seychelles
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
SD119
Licence type (Wikilix classification)
Retail Forex License
The authority

About FSA

The Seychelles Financial Services Authority is the authority that issued this licence, and the jurisdiction it applies in is Seychelles.

Full name
The Seychelles Financial Services Authority
Jurisdiction
Seychelles
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
2013
Oversight
A government or statutory body
Firms we track under it
143 firms
Regulates
Stocks, Fund
Licences it issues
Securities Dealer – Principal & Agency
Typical cost of a licence
USD 10000-20000
Public register
Searchable by the public
Transparency
Low

FSA 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

FSA's own rules for the firms it authorises.

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

Who holds this licence

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

Broker
Modmount Services Limited
Based in
Seychelles
Wikilix score
45.0the firm’s overall score, not a rating of this licence
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 Modmount holds

One other licence is on record for Modmount.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
Modmount's regulated financial instruments include stocks and funds under the Seychelles FSA license, and a broader range including forex, stocks, options, derivatives, commodities, securities, futures, and CFDs under the CySEC license.
Modmount's regulators prohibit clients from North Korea and other UN-sanctioned countries. The Cyprus license also restricts clients from the USA, Iran, and other sanctioned countries.
Modmount offers a maximum leverage of 400 according to the trading conditions provided.
Yes, Modmount requires account verification and matching names on deposits and withdrawals to comply with anti-money laundering (AML) regulations. Full verification is mandatory for withdrawals.
Modmount supports deposits and withdrawals via credit/debit cards, bank/wire transfers, e-wallets, cryptocurrencies, and local payment methods like Gpay and ApplePay. Deposits are usually instant or take a few days depending on the method, with a minimum deposit of $250. Withdrawals typically take 8-10 business days and may incur fees depending on the method.
Modmount is regulated by the Seychelles Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (CySEC). The FSA is an offshore regulator, while CySEC is an onshore regulator with higher transparency and client fund insurance up to €20,000. Modmount holds retail forex and STP licenses, indicating compliance with regulatory standards.
Licence SD119 was issued by The Seychelles Financial Services Authority (FSA), the financial authority for Seychelles.
Modmount holds this FSA 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 FSA 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 FSA tier 3. Supervision is lighter-touch and client protections vary.
Yes, FSA 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.
Modmount has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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