CySECCyprusTier 2Licence number
409/22
View licence record- Licence holder
- Held by SOHO MARKETS
- Licence type and regime
- Straight Through Processing(STP)
Not checkedUpdated
At a glance
Regulation on record for SOHO 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
- 1
- Found on an official register
- 0
SOHO MARKETS has 2 licences on record with Wikilix, issued by 2 authorities across 2 jurisdictions. 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.
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
Licence record
Licences on record
Every licence on record for SOHO MARKETS, strongest authority first.
2 records
- CySECCyprusTier 2
FSCMauritiusTier 3Licence number
GB21026599
View licence record- Licence holder
- Held by SOHO MARKETS
- Licence type and regime
- Financial Service
- Offshore
Not checkedUpdated
Protection
What this licence protects
CySEC's own rules for the firms it authorises.
- Compensation schemeUp to €20000 (ICF)
- Client money kept separate
- Negative balance protection
- Complaints routeCyprus Financial Ombudsman
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by SOHO MARKETS
Answered from the register entries on this page.
Most Popular Questions
SOHO MARKETS does not accept clients from the USA, North Korea, Iran, and other sanctioned countries. The broker's geographical coverage includes the European Union and global regions with certain exceptions.
The minimum deposit amount to open an account with SOHO MARKETS is 100 USD according to the trading conditions provided. However, for specific payment methods like Visa or MasterCard, the minimum deposit is 200 USD.
Deposits and withdrawals via Visa, MasterCard, Skrill, Neteller, and PayPal incur a 2% fee for amounts below $2000. Bank and wire transfers have a 2% deposit fee and a fixed $30 withdrawal fee. Processing times vary, with instant processing for e-wallets and credit cards, and around 3 days for bank transfers.
SOHO MARKETS provides access to the MetaTrader 4 trading platform, which is available on desktop, iOS, and Android devices.
SOHO MARKETS GLOBAL LIMITED is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 409/22. Client funds are protected up to €20,000 through the Investor Compensation Fund (ICF). The broker operates under onshore regulation with a high transparency level.
SOHO 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.
SOHO MARKETS holds licence records issued by CySEC, FSC. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by SOHO MARKETS 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 2 licence records held by SOHO MARKETS 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.
SOHO MARKETS has licence records in Cyprus, Mauritius. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.