ASICAustraliaTier 1Licence number
501156
View licence record- Licence holder
- Held by MOGAFX
- Licence type and regime
- Market Making(MM)
Not checkedUpdated
At a glance
Regulation on record for MOGAFX
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
- 3
- Issuing authorities
- 3
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 0
MOGAFX has 3 licences on record with Wikilix, issued by 3 authorities across 3 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — 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.
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 MOGAFX, strongest authority first.
3 records
- ASICAustraliaTier 1
FMANew ZealandTier 2Licence number
1002414
View licence record- Licence holder
- Held by MOGAFX
- Licence type and regime
- Financial Service Corporate
Not checkedUpdated
FSCSaint Vincent and the GrenadinesTier 3Licence number
532LLC2020
View licence record- Licence holder
- Held by MOGAFX
- Licence type and regime
- Financial Service
- Offshore
Not checkedUpdated
Protection
What this licence protects
ASIC's own rules for the firms it authorises.
- No compensation schemeNo mandatory insurance (but strict fund segregation)
- Negative balance protection
- Complaints routeAFCA
- Maximum leverage1:28
Frequently Asked Questions
Questions about the licences held by MOGAFX
Answered from the register entries on this page.
Most Popular Questions
MOGAFX does not offer ECN accounts or no-swap accounts and does not charge commissions. F
Customers can contact MOGAFX via live chat during business hours or by phone at +61 489 925 130. Email support is available at service@mogafxglobal.com, and the support language is English.
MOGAFX offers a maximum leverage of 500.
The provided context does not specify any trading platforms available through MOGAFX.
MOGAFX requires a minimum deposit of 1000 USD to open an account.
MOGAFX is marked with a broker status of scam and does not hold any licenses. This indicates significant safety concerns and lack of regulation for this broker.
MOGAFX has 3 licence records with Wikilix, issued by 3 authorities across 3 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
MOGAFX holds licence records issued by ASIC, FMA, FSC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by MOGAFX come from tier-1 or tier-2 authorities (1 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 3 licence records held by MOGAFX 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.
MOGAFX has licence records in Australia, New Zealand, Saint Vincent and the Grenadines. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.