FSASaint LuciaTier 3Licence number
2024-00268
View licence record- Licence holder
- Held by SouqFX
- Licence type and regime
- Financial Service
- Offshore
Not checkedUpdated
At a glance
Regulation on record for SouqFX
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
- 0
- Found on an official register
- 0
SouqFX has one licence on record with Wikilix, issued by one authority across one jurisdiction. None was issued by a tier-1 or tier-2 authority. 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 SouqFX, strongest authority first.
1 record
- FSASaint LuciaTier 3
Protection
What this licence protects
FSA's own rules for the firms it authorises.
- No compensation scheme
- Client money kept separate
- Complaints routeFSA complaints & Financial Services Ombudsman
- Maximum leverage1:500
Frequently Asked Questions
Questions about the licences held by SouqFX
Answered from the register entries on this page.
Most Popular Questions
SouqFX does not charge any commission fees according to the available trading conditions. However, details about spreads or other fees are not specified in the provided context.
SouqFX offers a maximum leverage of up to 500. This allows traders to control larger positions with a smaller amount of capital.
The minimum deposit amount to open an account with SouqFX is 100 USD. This requirement is specified in their trading conditions.
SouqFX provides access to the MetaTrader 5 platform, which is available on web, iOS, Mac, Android, and Windows devices. MetaTrader 5 supports multi-asset trading with advanced analytics and algorithmic tools.
According to WIKILIX data, SouqFX Ltd is not regulated by any financial authority. It is registered in Saint Lucia but holds no official regulatory licenses.
SouqFX 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.
SouqFX holds licence records issued by FSA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
None of the licence records held by SouqFX comes from a tier-1 or tier-2 authority.
Not yet. None of the one licence record held by SouqFX 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.
SouqFX has licence records in Saint Lucia. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.