Wikilix
Licence record

FSCA licence 53199

Holder
XSMarkets
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 7, 2026

Licence Verification Record

Financial Sector Conduct Authority 53199

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

Issuing authority
Financial Sector Conduct Authority
Holder
XS Markets 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/xsmarkets/53199Fields on file 2 / 11

Open XSMarketsAbout 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
53199
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 XSMarkets applies it.
The holder

Who holds this licence

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

Broker
XS Markets Ltd
Based in
Cyprus
Wikilix score
49.0the 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.

  • XS MARKETS LTDCyprus
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 XSMarkets holds

4 other licences are on record for XSMarkets.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
According to WIKILIX data, XS Markets offers a maximum leverage of 30:1 under its CySEC regulation. Other regulatory jurisdictions associated with XS Markets may have different leverage limits, but 30:1 is the highest leverage specified for this broker.
Yes, XS Markets conducts manual AML/KYC reviews for first-time withdrawals to ensure compliance with regulatory standards. Withdrawals must be made to the same source as deposits, and some withdrawal requests without prior trading may incur fees.
XS Markets supports deposits and withdrawals via bank transfer, credit/debit cards (Visa, MasterCard), Skrill, and Neteller. Minimum deposit amounts vary by method, starting as low as $15 for cards and e-wallets, with processing times ranging from instant to several business days.
XS Markets offers the MetaTrader 5 platform, a multi-asset trading software that supports Forex, stocks, and futures trading. It provides advanced analytics, faster execution, and algorithmic trading tools, available on desktop and other supported devices.
XS Markets Ltd is regulated by multiple authorities including CySEC in Cyprus, the Seychelles Financial Services Authority, the Labuan Financial Services Authority in Malaysia, the Financial Sector Conduct Authority in South Africa, and the Securities and Commodities Authority in the UAE. These licenses cover various financial services and ensure compliance with local regulations.
Licence 53199 was issued by Financial Sector Conduct Authority (FSCA), the financial authority for South Africa.
XSMarkets 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.
XSMarkets has 4 other licences on record with Wikilix, across 4 jurisdictions. They are listed further down this page.
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