FSCASouth AfricaTier 2Licence number
51523
View licence record- Licence holder
- Held by PHOENIX MARKETS
- Licence type and regime
- Offshore
Found on registerChecked
At a glance
Regulation on record for PHOENIX MARKETS
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
- 2
- Issuing authorities
- 2
- From tier-1 or tier-2 authorities
- 2
- Found on an official register
- 2
PHOENIX MARKETS has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. 2 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. We located 2 of 2 on the issuing authority’s own register.
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 PHOENIX MARKETS, strongest authority first.
2 records
- FSCASouth AfricaTier 2
CySECCyprusTier 2Licence number
203/13
View licence record- Licence holder
- Held by PHOENIX MARKETS
- Licence type and regime
- Market Making(MM)
Found on registerChecked
Check it yourself
Look these up on the official registers
Each authority below publishes a register you can search. The name a register prints is often a separate legal entity, not the trading brand — search for the name given here.
- FSCA registerOpen register
- CySEC registerOpen register
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
Frequently Asked Questions
Questions about the licences held by PHOENIX MARKETS
Answered from the register entries on this page.
Most Popular Questions
According to WIKILIX data, PHOENIX MARKETS offers a maximum leverage of up to 200:1. This leverage level applies to their trading accounts, allowing traders to control larger positions with a smaller amount of capital.
The minimum deposit amount at PHOENIX MARKETS is 1000 EUR for trading accounts. However, for funding methods like Visa, Mastercard, Skrill, Neteller, and bank transfers, the minimum deposit is 100 EUR.
PHOENIX MARKETS offers deposits and withdrawals via Visa, Mastercard, Skrill, Neteller, and bank wire transfers. Deposit fees for card and e-wallet payments are around 2.15% while withdrawal fees are approximately 0.2%. Bank transfers have no fees but may take up to 7 days to process.
PHOENIX MARKETS supports the MetaTrader 4 trading platform, which is available on iOS, macOS, Android, and Windows. MetaTrader 4 is known for advanced charting, automated trading via Expert Advisors, and reliable execution.
PHOENIX MARKETS is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 203/13. It operates onshore in Cyprus and provides client fund insurance up to €20,000 through the Investor Compensation Fund. The broker is classified as a suspicious clone by WIKILIX, so users should exercise caution.
PHOENIX MARKETS has 2 licence records with Wikilix, issued by 2 authorities across 2 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
PHOENIX MARKETS holds licence records issued by FSCA, CySEC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
2 of the licence records held by PHOENIX MARKETS come from tier-1 or tier-2 authorities (0 tier-1, 2 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
We located 2 of the 2 licence records held by PHOENIX MARKETS on the issuing authority’s own register. Every entry has been looked up. An unchecked entry is a gap in our coverage, not a finding against the licence.
PHOENIX MARKETS has licence records in South Africa, Cyprus. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.