FMAMarshall IslandsTier 2Licence number
T2022086
View licence record- Licence holder
- Held by Pocket Trade
- Licence type and regime
- Retail Forex License
Not checkedUpdated
At a glance
Regulation on record for Pocket Trade
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
- 1
- Issuing authorities
- 1
- From tier-1 or tier-2 authorities
- 1
- Found on an official register
- 0
Pocket Trade has one licence on record with Wikilix, issued by one authority across one jurisdiction. One of them was issued by a tier-1 or tier-2 authority — 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.
Issuing authorities
Jurisdictions
Licence record
Licences on record
Every licence on record for Pocket Trade, strongest authority first.
1 record
- FMAMarshall IslandsTier 2
Protection
What this licence protects
FMA's own rules for the firms it authorises.
- No compensation schemeNo mandatory insurance (but strict fund segregation)
- Negative balance protection
- Complaints routeFSCL
- Maximum leverage1:500
Frequently Asked Questions
Questions about the licences held by Pocket Trade
Answered from the register entries on this page.
Most Popular Questions
Pocket Trade prohibits clients from certain countries including the USA, North Korea, Iran, and other sanctioned countries. This is in line with regulatory requirements and sanctions compliance.
Pocket Trade offers customer support through live chat available during business hours. The support is provided in English, but no specific response time guarantee is mentioned.
Pocket Trade supports multiple funding methods including Credit/Debit Cards, Bank Transfers, E-wallets like Skrill and Neteller, Cryptocurrencies such as USDT and BTC, and local payment methods. Withdrawal processing times vary from hours to several days depending on the method used.
According to WIKILIX data, Pocket Trade requires a minimum deposit of 5 USD. The broker offers a maximum leverage of up to 1000, which is relatively high compared to many other brokers.
Pocket Trade is regulated under a Retail Forex License by the Financial Markets Authority (FMA) of New Zealand. The FMA is an onshore regulator with a high transparency level and strict fund segregation, but no mandatory client fund insurance.
Pocket Trade has one licence record with Wikilix, issued by one authority across one jurisdiction. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
Pocket Trade holds licence records issued by FMA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by Pocket Trade comes from tier-1 or tier-2 authorities (0 tier-1, 1 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the one licence record held by Pocket Trade 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.
Pocket Trade has licence records in Marshall Islands. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.