Wikilix
Licence record

MYRTLE: SFC licence recorded for MYRTLE

Issuing authority
Securities and Futures Commission
Jurisdiction
Iraq
Licence type
Financial Service

This is Wikilix's record of a licence issued by Securities and Futures 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 Sep 7, 2026

Licence Verification Record

Securities and Futures Commission No number on the register

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

Holder
Myrtle Trade Brokerage
Issuing authority
Securities and Futures Commission
Jurisdiction
Iraq
Licence type
Financial Service

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

wikilix.com/brokers/myrtle/licenses/securities-and-futures-commission/licence-2495Fields on file 1 / 11

Open MYRTLEAll MYRTLE licencesAbout SFC
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 1
Jurisdiction
Iraq
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)
Financial Service
The authority

About SFC

Securities and Futures Commission is the authority that issued this licence, and the jurisdiction it applies in is Iraq.

Full name
Securities and Futures Commission
Jurisdiction
Iraq
Strength
Tier 1The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
1989
Oversight
A government or statutory body
Firms we track under it
189 firms
Regulates
forex, Stocks, Derivatives, Securities, Futures
Licences it issues
Type 3 Leveraged FX, Type 1 Dealing in Securities
Typical cost of a licence
HKD 500000+
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

SFC's own rules for the firms it authorises.

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeSFC Complaints / FDRC
  • Maximum leverage1:13
This describes the authority's regime, not how MYRTLE applies it.
The holder

Who holds this licence

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

Broker
Myrtle Trade Brokerage
Based in
Iraq
Wikilix score
47.8the 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.
Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
Myrtle Trade Brokerage is regulated in Hong Kong and serves clients primarily in Asia-Pacific and some global regions. It prohibits clients from certain countries, including the USA, North Korea, Iran, and other sanctioned countries, in compliance with regulatory requirements.
Myrtle Trade Brokerage offers a maximum leverage of 100. This allows traders to control larger positions with a smaller amount of capital, but leverage levels should be used cautiously due to associated risks.
Myrtle Trade Brokerage supports deposits and withdrawals via credit/debit cards, bank transfers, e-wallets, cryptocurrencies, and ACH transfers. Fees and processing times vary by method, with some options like credit cards offering instant processing and no fees, while bank transfers may take several days and incur fixed fees.
Myrtle Trade Brokerage offers the MetaTrader 5 platform, which supports desktop and web versions.
Myrtle Trade Brokerage is regulated by the Securities and Futures Commission (SFC) in Hong Kong, a tier 1 global regulator. The broker follows strict fund segregation rules but does not have mandatory client fund insurance.
MYRTLE holds this SFC 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 SFC 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 SFC tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
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