Wikilix
Licence record

BaFin licence FVT000072

Holder
Change
Jurisdiction
Estonia
Licence type
Financial Service
Last checked
Sep 22, 2026

This is Wikilix's record of a licence issued by Federal Financial Supervisory Authority. 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 22, 2026

Licence Verification Record

Federal Financial Supervisory Authority FVT000072

Wikilix read the BaFin register on Sep 22, 2026. This is what it said.

Issuing authority
Federal Financial Supervisory Authority
Holder
xChange AS
Jurisdiction
Estonia
Licence type
Financial Service
Effective
Apr 1, 2015
Register status
Active

Checked Sep 22, 2026

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

wikilix.com/licenses/federal-financial-supervisory-authority/change/fvt000072Fields on file 9 / 11

Open ChangeAbout BaFin
Our check
Checked

What we checked

We found this licence on the issuing authority's own register.

Wikilix check
Confirmed on the register
Authority strength
Tier 1
Jurisdiction
Estonia
Last checked
Sep 22, 2026
Register says
Active

Finding

Crypto-Asset Service Provider authorisation under MiCAR (EU 2023/1114) held by Change Securities B.V.: custody, exchange and execution of orders for crypto-assets. Confirmed on the AMF white list as passported from the Netherlands. Client protection: MiCAR conduct and custody safeguards; crypto held with sub-custodian BitGo. Effective: Apr 2026.

Exhibit

Register screenshot, captured Sep 22, 2026
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
FVT000072
Licence type (Wikilix classification)
Financial Service
Register status
Active
Effective from
Expires
No expiry shown
The authority

About BaFin

Federal Financial Supervisory Authority is the authority that issued this licence, and the jurisdiction it applies in is Estonia.

Full name
Federal Financial Supervisory Authority
Jurisdiction
Estonia
Strength
Tier 1The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
2002
Oversight
A government or statutory body
Firms we track under it
174 firms
Regulates
Stocks, Options, Futures, CFD
Licences it issues
KWG Investment Firm Licence
Typical cost of a licence
€100000-150000+
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

BaFin's own rules for the firms it authorises.

  • Compensation schemeUp to €20000
  • Client money kept separate
  • Negative balance protection
  • Complaints routeBaFin Complaints Unit
  • Maximum leverage1:30
This describes the authority's regime, not how Change applies it.
The holder

Who holds this licence

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

Broker
xChange AS
Based in
Estonia
Wikilix score
60.0the firm’s overall score, not a rating of this licence

Wikilix records Change as having no regulation on file. 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.

Official source
The issuing authority’s registerPublished by the authority, not by Wikilix.
Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Evidence held
A screenshot of the register entry is on file.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences Change holds

One other licence is on record for Change.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
xChange AS offers customer support primarily in English. Support is available via live chat during business hours and email at support@changeinvest.com. The broker also maintains active social media profiles on Facebook, Twitter, LinkedIn, Instagram, and YouTube.
According to the provided data, xChange AS does not specify commission charges or spread types.
xChange AS supports deposits and withdrawals via credit/debit cards, bank wire transfers, e-wallets like Skrill and PayPal, cryptocurrencies, and local bank transfers. Processing times vary from instant for cards and e-wallets to several days for wire transfers. Withdrawal fees may apply, such as a $25 fixed fee for bank wire withdrawals.
xChange AS offers the MetaTrader 5 platform, a multi-asset trading software supporting Forex, stocks, and futures. It provides advanced analytics, faster execution, and algorithmic trading tools. The platform is available on desktop and multiple operating systems.
xChange AS is regulated by the Estonian Financial Supervisory Authority (FSA) as a MiFID investment firm. Client funds are insured up to €100,000 with investor compensation up to €20,000. The broker operates under onshore regulation within the EU/EEA and follows MiFID passporting rules.
Licence FVT000072 was issued by Federal Financial Supervisory Authority (BaFin), the financial authority for Estonia.
Change holds this BaFin licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the BaFin register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
Wikilix rates BaFin tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
This page links straight to the BaFin register. Search it for FVT000072, and for the name Change rather than the trading brand.
Change has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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