Wikilix
Licence record

FCA licence FRN 616985

Holder
FCI
Jurisdiction
United Kingdom
Licence type
Financial Service

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

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RecordModified Aug 19, 2026

Licence Verification Record

Financial Conduct Authority FRN 616985

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

Issuing authority
Financial Conduct Authority
Holder
Foreign Currency Innovations Ltd
Jurisdiction
United Kingdom
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/licenses/financial-conduct-authority/fci/frn-616985Fields on file 2 / 11

Open FCIAbout FCA
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 1
Jurisdiction
United Kingdom
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
FRN 616985
Licence type (Wikilix classification)
Financial Service
The authority

About FCA

Financial Conduct Authority is the authority that issued this licence, and the jurisdiction it applies in is United Kingdom.

Full name
Financial Conduct Authority
Jurisdiction
United Kingdom
Strength
Tier 1The strictest regimes: high capital requirements, segregated client money and a compensation scheme.
Established
2013
Oversight
A government or statutory body
Firms we track under it
108 firms
Regulates
Forex, Bond, Stocks, Fund, Options, Derivatives, Commodity, Loan, Retail Investment
Licences it issues
MiFID Investment Firm – Dealing on Own Account / Matched Principal (retail & market-making CFDs)
Typical cost of a licence
£100000+ (including compliance setup)
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

FCA's own rules for the firms it authorises.

  • Compensation schemeUp to £85000 (FSCS)
  • Client money kept separate
  • Negative balance protection
  • Complaints routeFinancial Ombudsman Service
  • Maximum leverage1:30
This describes the authority's regime, not how FCI applies it.
The holder

Who holds this licence

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

Broker
Foreign Currency Innovations Ltd
Based in
United Kingdom
Wikilix score
62.1the firm’s overall score, not a rating of this licence

Wikilix records FCI 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.

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
FCI offers a maximum leverage of up to 100:1. This leverage level allows traders to control larger positions relative to their account balance, but specific leverage availability may depend on the instrument and regulatory restrictions.
According to the provided data, FCI does not charge commissions on trades. However, fees may apply for deposits and withdrawals depending on the payment method, and some external fees from banks or card issuers may be incurred.
The minimum deposit at FCI is 500 USD. Accepted funding methods include bank wire transfer, credit and debit cards, e-wallets like Skrill and Neteller, and cryptocurrency payments. Deposit processing times vary from instant for cards and e-wallets to a few days for wire transfers.
FCI offers the MetaTrader 5 platform, which is a multi-asset platform supporting desktop, mobile, and Linux devices. MetaTrader 5 provides advanced analytics, faster execution, and algorithmic trading tools for Forex, stocks, and futures trading.
Foreign Currency Innovations Ltd (FCI) is regulated by the UK's Financial Conduct Authority (FCA) under license number FRN 616985. The FCA is a tier 1 regulator with high transparency and client fund insurance up to £85,000 through FSCS, offering a strong level of investor protection.
Licence FRN 616985 was issued by Financial Conduct Authority (FCA), the financial authority for United Kingdom.
FCI holds this FCA 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 FCA 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 FCA tier 1 — the strictest band, with high capital requirements, segregated client money and a compensation scheme.
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