Wikilix
Licence record

CySEC licence 214/13

Holder
FXGROW
Jurisdiction
Cyprus
Licence type
Market Making(MM)

This is Wikilix's record of a licence issued by Cyprus Securities and Exchange 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 Sep 10, 2026

Licence Verification Record

Cyprus Securities and Exchange Commission 214/13

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

Issuing authority
Cyprus Securities and Exchange Commission
Holder
Growell Capital Ltd
Jurisdiction
Cyprus
Licence type
Market Making(MM)

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

wikilix.com/licenses/cyprus-securities-and-exchange-commission/fxgrow/214-13Fields on file 2 / 11

Open FXGROWAbout CySEC
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 2
Jurisdiction
Cyprus
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
214/13
Licence type (Wikilix classification)
Market Making(MM)
The authority

About CySEC

Cyprus Securities and Exchange Commission is the authority that issued this licence, and the jurisdiction it applies in is Cyprus.

Full name
Cyprus Securities and Exchange Commission
Jurisdiction
Cyprus
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
2001
Oversight
A government or statutory body
Firms we track under it
216 firms
Regulates
Forex, Stocks, Options, Derivatives, Commodity, Securities, Futures, CFD
Licences it issues
CIF – Own Account / Matched Principal (CFDs)
Typical cost of a licence
€50000-100000
Public register
Searchable by the public
Transparency
High
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
This describes the authority's regime, not how FXGROW applies it.
The holder

Who holds this licence

The licence above is recorded against FXGROW. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
Growell Capital Ltd
Based in
Cyprus
Wikilix score
55.1the firm’s overall score, not a rating of this licence

Wikilix has flagged FXGROW as a suspected clone of another firm. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

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.
Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
FXGROW is regulated in Cyprus and covers the EU and global markets with exceptions. It prohibits clients from the USA, North Korea, Iran, and other sanctioned countries from using its services.
Growell Capital Ltd offers a maximum leverage of up to 100:1. This leverage level allows traders to control larger positions with a smaller amount of capital.
Yes, FXGROW requires deposits to come from verified accounts in the client's name and does not accept third-party payments. This is part of their compliance with regulatory and security standards.
Growell Capital Ltd supports deposits and withdrawals via Neteller, Skrill, bank wire transfer, and credit/debit cards. Deposits generally require verified accounts in the client's name, and minimum deposit amounts vary by method, starting as low as $1 for some accounts. Withdrawal fees and processing times depend on the method used.
FXGROW provides the MetaTrader 5 (MT5) platform, which supports multiple asset classes including Forex, stocks, and futures. MT5 offers advanced analytics, faster execution, and algorithmic trading tools. It is available on desktop and other supported devices.
Growell Capital Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 214/13. It operates onshore in Cyprus and offers client fund insurance up to €20,000 through the Investor Compensation Fund. The broker is classified as suspiciousClone by WIKILIX, so users should exercise caution.
Licence 214/13 was issued by Cyprus Securities and Exchange Commission (CySEC), the financial authority for Cyprus.
FXGROW holds this CySEC 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 CySEC 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 CySEC tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
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