Wikilix
Licence record

FSCA licence 50534

Holder
Swissco
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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Licence intelligence

RecordModified Sep 10, 2026

Licence Verification Record

Financial Sector Conduct Authority 50534

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

Issuing authority
Financial Sector Conduct Authority
Holder
Swissco
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/swissco/50534Fields on file 2 / 11

Open SwisscoAbout 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
50534
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 Swissco applies it.
The holder

Who holds this licence

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

Broker
Swissco
Based in
Cyprus
Wikilix score
35.3the 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
Swissco requires that the name on the deposit or withdrawal method matches the trading account holder's name to comply with anti-money laundering regulations. Further specific KYC procedures are not detailed in the provided context.
According to WIKILIX data on Swissco, the maximum leverage available is 1:30. This leverage level is in line with regulatory requirements set by the FSCA.
Swissco accepts deposits via credit/debit cards such as Visa and Mastercard with instant processing and no fees. Bank transfers are also supported, typically taking 1-3 business days, with withdrawals subject to a 5% fee and similar processing times.
Swissco provides access to the cTrader platform, which is available on web, iOS, macOS, Android, and Windows. cTrader supports advanced charting, automated trading, and fast execution suitable for professional traders.
Swissco is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa. It offers client fund insurance up to ZAR 500,000 and operates under a high transparency level with a complaint mechanism through FSCA Dispute Resolution.
Swissco requires that the name on the deposit or withdrawal method matches the trading account holder's name to comply with anti-money laundering regulations. Further specific KYC procedures are not detailed in the provided context.
According to WIKILIX data on Swissco, the maximum leverage available is 1:30. This leverage level is in line with regulatory requirements set by the FSCA.
Swissco accepts deposits via credit/debit cards such as Visa and Mastercard with instant processing and no fees. Bank transfers are also supported, typically taking 1-3 business days, with withdrawals subject to a 5% fee and similar processing times.
Swissco provides access to the cTrader platform, which is available on web, iOS, macOS, Android, and Windows. cTrader supports advanced charting, automated trading, and fast execution suitable for professional traders.
Swissco is regulated by the Financial Sector Conduct Authority (FSCA) in South Africa. It offers client fund insurance up to ZAR 500,000 and operates under a high transparency level with a complaint mechanism through FSCA Dispute Resolution.
Licence 50534 was issued by Financial Sector Conduct Authority (FSCA), the financial authority for South Africa.
Swissco 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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