Wikilix
Licence record

VARIANSE: FSC licence C118023323

Issuing authority
Financial Services Commission
Jurisdiction
Mauritius
Licence type
Financial Service

This is Wikilix's record of a licence issued by Financial Services Commission. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Jul 27, 2026

Licence Verification Record

Financial Services Commission C118023323

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
VDX Ltd
Issuing authority
Financial Services Commission
Jurisdiction
Mauritius
Licence type
Financial Service

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/varianse/licenses/financial-services-commission/c118023323Fields on file 2 / 11

Open VARIANSEAll VARIANSE licencesAbout FSC
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 3
Jurisdiction
Mauritius
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
C118023323
Licence type (Wikilix classification)
Financial Service
The authority

About FSC

Financial Services Commission is the authority that issued this licence, and the jurisdiction it applies in is Mauritius.

Full name
Financial Services Commission
Jurisdiction
Mauritius
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
1999
Oversight
A government or statutory body
Firms we track under it
8 firms
Regulates
Forex, Fund, Derivatives
Licences it issues
Investment Dealer (Full Service)
Typical cost of a licence
USD 20000-30000
Public register
Searchable by the public
Transparency
Medium

FSC is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

FSC's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeFSC Complaints
  • Maximum leverage1:1000
This describes the authority's regime, not how VARIANSE applies it.
The holder

Who holds this licence

The licence above is recorded against VARIANSE. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
VDX Ltd
Based in
United Kingdom
Wikilix score
54.7the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • VDX LTDUnited Kingdom · Reg. 11050659 · Nov 7, 2017
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences VARIANSE holds

3 other licences are on record for VARIANSE.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
VARIANSE provides customer support via phone, live chat during business hours, and email. Support is available in English, and the broker maintains active social media channels for additional contact options. The main phone number is +44 (0) 203 475 2285.
The minimum deposit amount required to open an account with VARIANSE is 500 USD. The maximum leverage offered by the broker is 500:1, allowing traders to control larger positions with a smaller amount of capital.
VARIANSE accepts deposits via credit/debit cards, e-wallets like Skrill and Neteller, cryptocurrencies, and bank wire transfers. Deposit fees vary by method, for example, credit cards incur a 1.5% fee while e-wallets have a 3.9% fee. Withdrawals have no fees but require a minimum amount of 100 USD.
VARIANSE offers access to MetaTrader 4 and cTrader platforms. Both platforms support web trading and provide advanced charting and automated trading capabilities. These platforms are widely used by professional traders for Forex and CFDs trading.
VARIANSE is regulated by the UK Financial Conduct Authority (FCA), an onshore tier 1 regulator. Client funds are protected up to £85,000 under the Financial Services Compensation Scheme (FSCS). The broker operates under strict regulatory standards including transparency and complaint mechanisms through the Financial Ombudsman Service.
Licence C118023323 was issued by Financial Services Commission (FSC), the financial authority for Mauritius.
VARIANSE holds this FSC licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the FSC register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates FSC tier 3. Supervision is lighter-touch and client protections vary.
Yes, FSC is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
VARIANSE has 3 other licences on record with Wikilix, across 3 jurisdictions. They are listed further down this page.
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