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Licence record

FSCA licence EP

Holder
CWG Markets
Jurisdiction
South Africa
Licence type
Straight Through Processing(STP)

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 EP

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

Issuing authority
Financial Sector Conduct Authority
Holder
CWG Markets Ltd
Jurisdiction
South Africa
Licence type
Straight Through Processing(STP)

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/cwg-markets/epFields on file 2 / 11

Open CWG MarketsAbout 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
EP
Licence type (Wikilix classification)
Straight Through Processing(STP)
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 CWG Markets applies it.
The holder

Who holds this licence

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

Broker
CWG Markets Ltd
Based in
United Kingdom
Operating
5-10 years
Wikilix score
58.1the 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.

  • CWG Markets Ltd (United Kingdom)United Kingdom · Reg. 08888720 · Feb 12, 2014
  • CWG Markets Limited (Hong Kong)Hong Kong · Reg. 2831726 · May 22, 2019
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.
Also on record

Other licences CWG Markets holds

2 other licences are on record for CWG Markets.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
CWG Markets provides customer support via phone and live chat during business hours. Support is available in English, and clients can also reach out via email at service@cwgmarkets.com.
CWG Markets offers trading in Forex, bonds, stocks, funds, options, derivatives, commodities, loans, and retail investments. The broker also supports trading binary options with some limits.
CWG Markets offers a maximum leverage of up to 1000:1 according to its trading conditions. However, regulatory limits such as those imposed by the FCA may apply, typically capping leverage at 30:1 for retail clients.
The minimum deposit amount to open an account with CWG Markets is 10 USD. Additional details about deposit methods or fees are not specified in the provided context.
CWG Markets provides access to MetaTrader 4 and MetaTrader 5 platforms. Both platforms support desktop trading and offer advanced charting, automated trading, and multi-asset trading capabilities.
CWG Markets Ltd is regulated by the UK's Financial Conduct Authority (FCA), a tier 1 regulator. Client funds are protected up to £85,000 under the Financial Services Compensation Scheme (FSCS). The broker operates with high transparency and follows strict regulatory standards.
Licence EP was issued by Financial Sector Conduct Authority (FSCA), the financial authority for South Africa.
CWG Markets 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.
CWG Markets has 2 other licences on record with Wikilix, across 2 jurisdictions. They are listed further down this page.
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