Wikilix
Licence record

CySEC licence 440/23

Holder
Modmount
Jurisdiction
Cyprus
Licence type
Straight Through Processing(STP)

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.

WIKILIX

Licence intelligence

RecordModified Aug 3, 2026

Licence Verification Record

Cyprus Securities and Exchange Commission 440/23

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

Issuing authority
Cyprus Securities and Exchange Commission
Holder
Modmount Services Limited
Jurisdiction
Cyprus
Licence type
Straight Through Processing(STP)

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/modmount/440-23Fields on file 2 / 11

Open ModmountAbout 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
440/23
Licence type (Wikilix classification)
Straight Through Processing(STP)
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 Modmount applies it.
The holder

Who holds this licence

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

Broker
Modmount Services Limited
Based in
Seychelles
Wikilix score
45.0the firm’s overall score, not a rating of this licence
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 Modmount holds

One other licence is on record for Modmount.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
Modmount's regulated financial instruments include stocks and funds under the Seychelles FSA license, and a broader range including forex, stocks, options, derivatives, commodities, securities, futures, and CFDs under the CySEC license.
Modmount's regulators prohibit clients from North Korea and other UN-sanctioned countries. The Cyprus license also restricts clients from the USA, Iran, and other sanctioned countries.
Modmount offers a maximum leverage of 400 according to the trading conditions provided.
Yes, Modmount requires account verification and matching names on deposits and withdrawals to comply with anti-money laundering (AML) regulations. Full verification is mandatory for withdrawals.
Modmount supports deposits and withdrawals via credit/debit cards, bank/wire transfers, e-wallets, cryptocurrencies, and local payment methods like Gpay and ApplePay. Deposits are usually instant or take a few days depending on the method, with a minimum deposit of $250. Withdrawals typically take 8-10 business days and may incur fees depending on the method.
Modmount is regulated by the Seychelles Financial Services Authority (FSA) and the Cyprus Securities and Exchange Commission (CySEC). The FSA is an offshore regulator, while CySEC is an onshore regulator with higher transparency and client fund insurance up to €20,000. Modmount holds retail forex and STP licenses, indicating compliance with regulatory standards.
Licence 440/23 was issued by Cyprus Securities and Exchange Commission (CySEC), the financial authority for Cyprus.
Modmount 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.
Modmount has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
Still Need Help?

Can't find what you're looking for?

Our support team is here to help you get the answers you need.