Wikilix
Licence record

FSCA licence 50640

Holder
24 markets.com
Jurisdiction
South Africa
Licence type
Financial Service Corporate

This is Wikilix's record of a licence issued by Financial Sector Conduct 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 10, 2026

Licence Verification Record

Financial Sector Conduct Authority 50640

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

Issuing authority
Financial Sector Conduct Authority
Holder
P24 Capital Markets LTD
Jurisdiction
South Africa
Licence type
Financial Service Corporate

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

wikilix.com/licenses/financial-sector-conduct-authority/24-markets-com/50640Fields on file 2 / 11

Open 24 markets.comAbout FSCA
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
South Africa
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
50640
Licence type (Wikilix classification)
Financial Service Corporate
The authority

About FSCA

Financial Sector Conduct Authority is the authority that issued this licence, and the jurisdiction it applies in is South Africa.

Full name
Financial Sector Conduct Authority
Jurisdiction
South Africa
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
1991
Oversight
A government or statutory body
Firms we track under it
19 firms
Regulates
Forex, Bond, Stocks, Fund, Derivatives, CFD
Licences it issues
ODP Category IIA – Principal & Agency OTC Derivatives
Typical cost of a licence
USD 50,000-100,000 + ~USD 270k capital
Public register
Searchable by the public
Transparency
High

FSCA is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

FSCA's own rules for the firms it authorises.

  • Compensation schemeUp to ZAR 500,000
  • Complaints routeFSCA Dispute Resolution
  • Maximum leverage1:30
This describes the authority's regime, not how 24 markets.com applies it.
The holder

Who holds this licence

The licence above is recorded against 24 markets.com. Wikilix holds no separate company records for this holder, so we cannot say which legal company the register issued it to.

Broker
P24 Capital Markets LTD
Based in
Mauritius
Wikilix score
34.3the firm’s overall score, not a rating of this licence

Wikilix has flagged 24 markets.com 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
24 Markets offers trading in various regulated financial instruments including Forex, bonds, stocks, funds, derivatives, and CFDs. These instruments are covered under their FSCA license, which ensures regulatory oversight.
24 Markets offers customer support via live chat during business hours and provides phone support at +15558269881. They also have email support available at support@24markets.com and maintain social media channels on platforms such as Facebook, LinkedIn, Instagram, WhatsApp, and X.
On 24 Markets, the maximum leverage offered is 500. This high leverage level allows traders to control larger positions with a smaller amount of capital, but it also increases risk.
24 Markets requires a minimum deposit of 100 USD for all supported funding methods including bank wire transfer, credit/debit cards, e-wallets, and online payment methods. Deposits typically process within minutes to a few hours, and 24 Markets does not charge fixed deposit fees, though third-party fees may apply.
24 Markets provides the MetaTrader 5 platform, a multi-asset trading software developed by MetaQuotes Software Corp. It supports desktop use and offers advanced analytics, faster execution, and algorithmic trading tools. This platform is widely recognized in the trading industry.
24 Markets is registered under P24 Capital Markets LTD and holds a Financial Service Corporate license issued by the Financial Sector Conduct Authority (FSCA) of South Africa. The FSCA is a government-regulated authority with a high transparency level and client fund insurance up to ZAR 500,000. However, 24 Markets is currently flagged as a suspicious clone, which suggests caution.
Licence 50640 was issued by Financial Sector Conduct Authority (FSCA), the financial authority for South Africa.
24 markets.com holds this FSCA 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 FSCA 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 FSCA tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
Yes, FSCA is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
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