Wikilix
Licence record

FSCA licence 54191

Holder
BePrimeGroup
Jurisdiction
South Africa
Licence type
Financial Service

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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RecordModified Sep 7, 2026

Licence Verification Record

Financial Sector Conduct Authority 54191

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

Issuing authority
Financial Sector Conduct Authority
Holder
Be Prime Group Ltd
Jurisdiction
South Africa
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-sector-conduct-authority/beprimegroup/54191Fields on file 2 / 11

Open BePrimeGroupAbout 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
54191
Licence type (Wikilix classification)
Financial Service
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 BePrimeGroup applies it.
The holder

Who holds this licence

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

Broker
Be Prime Group Ltd
Based in
Saint Lucia
Wikilix score
39.8the 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.
Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
Clients of Be Prime Group Ltd can access customer support via live chat during business hours, email at support@beprimebroker.com, and WhatsApp at +971585831866. The support is provided in English and the broker also maintains active social media channels for additional contact.
Be Prime Group Ltd offers a maximum leverage of up to 1000. The broker charges commissions starting from $6 for ECN and ECN+ accounts and from $8 for RAW accounts. Spreads are variable, and the broker operates an ECN account model.
Be Prime Group Ltd supports deposits and withdrawals via Bank Transfer, Credit Card, Skrill, Neteller, and Tether (USDT). Processing times range from instant for Tether to up to 3 business days for other methods, with minimum deposit amounts starting at USD 50 or 100 depending on the method.
Be Prime Group Ltd offers the MetaTrader 5 platform, which supports multiple devices including iOS, Android, Windows, and Mac. MetaTrader 5 is a multi-asset platform known for advanced analytics, faster execution, and algorithmic trading tools.
Be Prime Group Ltd is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa. The FSCA is a government-regulated body with a high transparency level and provides client fund insurance up to ZAR 500,000. The broker operates under an offshore status but maintains compliance with regulatory standards.
Licence 54191 was issued by Financial Sector Conduct Authority (FSCA), the financial authority for South Africa.
BePrimeGroup 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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