FSCASouth AfricaTier 2Licence number
50534
View licence record- Licence holder
- Held by Swissco
- Licence type and regime
- Financial Service
- Offshore
Not checkedUpdated
At a glance
Regulation on record for Swissco
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
Swissco 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.
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 Swissco, strongest authority first.
1 record
- FSCASouth AfricaTier 2
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 Swissco
Answered from the register entries on this page.
Most Popular Questions
Swissco requires that the name on the deposit or withdrawal method matches the trading account holder's name to comply with anti-money laundering regulations. Further specific KYC procedures are not detailed in the provided context.
According to WIKILIX data on Swissco, the maximum leverage available is 1:30. This leverage level is in line with regulatory requirements set by the FSCA.
Swissco accepts deposits via credit/debit cards such as Visa and Mastercard with instant processing and no fees. Bank transfers are also supported, typically taking 1-3 business days, with withdrawals subject to a 5% fee and similar processing times.
Swissco provides access to the cTrader platform, which is available on web, iOS, macOS, Android, and Windows. cTrader supports advanced charting, automated trading, and fast execution suitable for professional traders.
Swissco is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa. It offers client fund insurance up to ZAR 500,000 and operates under a high transparency level with a complaint mechanism through FSCA Dispute Resolution.
Swissco requires that the name on the deposit or withdrawal method matches the trading account holder's name to comply with anti-money laundering regulations. Further specific KYC procedures are not detailed in the provided context.
According to WIKILIX data on Swissco, the maximum leverage available is 1:30. This leverage level is in line with regulatory requirements set by the FSCA.
Swissco accepts deposits via credit/debit cards such as Visa and Mastercard with instant processing and no fees. Bank transfers are also supported, typically taking 1-3 business days, with withdrawals subject to a 5% fee and similar processing times.
Swissco provides access to the cTrader platform, which is available on web, iOS, macOS, Android, and Windows. cTrader supports advanced charting, automated trading, and fast execution suitable for professional traders.
Swissco is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa. It offers client fund insurance up to ZAR 500,000 and operates under a high transparency level with a complaint mechanism through FSCA Dispute Resolution.
Swissco 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.
Swissco holds licence records issued by FSCA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
One of the licence records held by Swissco 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 Swissco 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.
Swissco has licence records in South Africa. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.