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Licence record

BVI FSC licence SIBA/L/13/1060

Holder
iFOREX Europe
Jurisdiction
British Virgin Islands
Licence type
Dealing in securities

This is Wikilix's record of a licence issued by British Virgin Islands 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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RecordModified Sep 10, 2026

Licence Verification Record

British Virgin Islands Financial Services Commission SIBA/L/13/1060

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

Issuing authority
British Virgin Islands Financial Services Commission
Holder
ICFD Ltd
Jurisdiction
British Virgin Islands
Licence type
Dealing in securities

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

wikilix.com/licenses/british-virgin-islands-financial-services-commission/iforex-europe/siba-l-13-1060Fields on file 2 / 11

Open iFOREX EuropeAbout BVI 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
British Virgin Islands
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
SIBA/L/13/1060
Licence type (Wikilix classification)
Dealing in securities
The authority

About BVI FSC

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

Full name
British Virgin Islands Financial Services Commission
Jurisdiction
British Virgin Islands
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
2000
Firms we track under it
10 firms
Regulates
Forex, Bond, Stocks, Fund, Options, Derivatives, Commodity, Securities, Futures
Licences it issues
SIBL Category 2 – Securities / Investment Business
Typical cost of a licence
USD 30k-50k + $50k-$1M capital
Public register
Searchable by the public
Transparency
Medium

BVI 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

BVI FSC's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeBVI FSC Complaints
  • Maximum leverage1:500
This describes the authority's regime, not how iFOREX Europe applies it.
The holder

Who holds this licence

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

Broker
ICFD Ltd
Based in
Cyprus
Wikilix score
41.0the 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.

  • ICFD LIMITEDCyprus · Reg. HE254495 · Sep 7, 2009
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 iFOREX Europe holds

One other licence is on record for iFOREX Europe.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
Yes, iFOREX Europe prohibits clients from the USA, North Korea, Iran, and other sanctioned countries. The broker mainly serves clients in the European Union and globally with some exceptions.
iFOREX Europe offers a maximum leverage of 30:1. This leverage level complies with regulatory limits set by CySEC for retail clients in the European Union.
iFOREX Europe accepts deposits and withdrawals via credit/debit cards, bank wire transfers, e-wallets like Skrill, Neteller, PayPal, and cryptocurrency such as Bitcoin. Deposit processing is generally instant or up to 24 hours, while withdrawals may take from instant to several days depending on the method.
iFOREX Europe supports MetaTrader 4 and MetaTrader 5 platforms.
iFOREX Europe is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 143/11. Client funds are protected with insurance up to €20,000 through the Investor Compensation Fund (ICF). The broker operates under a high transparency level and follows onshore regulatory standards.
Licence SIBA/L/13/1060 was issued by British Virgin Islands Financial Services Commission (BVI FSC), the financial authority for British Virgin Islands.
iFOREX Europe holds this BVI 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 BVI 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 BVI FSC tier 3. Supervision is lighter-touch and client protections vary.
Yes, BVI 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.
iFOREX Europe has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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