Wikilix
Licence record

FMA licence BFX2024030

Holder
COINEXX
Jurisdiction
Comoros
Licence type
Financial Service

This is Wikilix's record of a licence issued by Financial Markets 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 7, 2026

Licence Verification Record

Financial Markets Authority BFX2024030

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

Issuing authority
Financial Markets Authority
Holder
COINEXX LTD
Jurisdiction
Comoros
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-markets-authority/coinexx/bfx2024030Fields on file 2 / 11

Open COINEXXAbout FMA
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
Comoros
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
BFX2024030
Licence type (Wikilix classification)
Financial Service
The authority

About FMA

Financial Markets Authority is the authority that issued this licence, and the jurisdiction it applies in is Comoros.

Full name
Financial Markets Authority
Jurisdiction
Comoros
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
2011
Oversight
A government or statutory body
Firms we track under it
9 firms
Regulates
Forex, Fund, Options, Derivatives, Binary option, CFD
Licences it issues
Derivatives Issuer Licence
Typical cost of a licence
NZD 50000-100000
Public register
Searchable by the public
Transparency
High
Protection

What this licence protects

FMA's own rules for the firms it authorises.

  • No compensation schemeNo mandatory insurance (but strict fund segregation)
  • Negative balance protection
  • Complaints routeFSCL
  • Maximum leverage1:500
This describes the authority's regime, not how COINEXX applies it.
The holder

Who holds this licence

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

Broker
COINEXX LTD
Based in
Comoros
Wikilix score
33.9the 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.

  • COINEXX LIMITEDUnited Kingdom · Reg. SC596765 · Oct 1, 2018
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
COINEXX offers customer support through live chat during business hours and email at support@coinexx.com. They also provide phone support and maintain active social media channels including Facebook, Instagram, and YouTube.
Yes, COINEXX charges commissions for its ECN account. The fees are $1 per lot per side for Forex and Commodities, $1 per 100k per side for Cryptos, and $0.1 per lot per side for Stock Indices.
The minimum deposit amount at COINEXX is 10 USD. Deposits can be made using cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and USDC with instant processing times.
COINEXX supports MetaTrader 4 and MetaTrader 5 platforms. Both platforms are available on multiple devices including web, iOS, Android, Windows, and Mac, offering advanced trading features and tools.
COINEXX is not regulated by any financial authority according to the provided context. It operates without a formal regulatory license. Users should consider this when evaluating the broker's safety and compliance.
Licence BFX2024030 was issued by Financial Markets Authority (FMA), the financial authority for Comoros.
COINEXX holds this FMA 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 FMA 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 FMA tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
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