Wikilix
Licence record

FSA licence S-20/D.07/2025

Holder
BTSE
Jurisdiction
Indonesia
Licence type
Financial Service

This is Wikilix's record of a licence issued by Financial Services Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

WIKILIX

Licence intelligence

RecordModified Jul 27, 2026

Licence Verification Record

Financial Services Authority S-20/D.07/2025

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

Issuing authority
Financial Services Authority
Holder
BTSE
Jurisdiction
Indonesia
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-services-authority/btse/s-20-d-07-2025Fields on file 2 / 11

Open BTSEAbout FSA
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 3
Jurisdiction
Indonesia
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
S-20/D.07/2025
Licence type (Wikilix classification)
Financial Service
The authority

About FSA

Financial Services Authority is the authority that issued this licence, and the jurisdiction it applies in is Indonesia.

Full name
Financial Services Authority
Jurisdiction
Indonesia
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
2012
Oversight
A government or statutory body
Firms we track under it
5 firms
Licences it issues
International business company; international bank; trust & insurance; mutual fund; registered agent; forex dealer
Typical cost of a licence
USD 35k–80k plus capital; IBC
Public register
Searchable by the public
Transparency
Medium

FSA 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

FSA's own rules for the firms it authorises.

  • No compensation scheme
  • Client money kept separate
  • Complaints routeFSA complaints & Financial Services Ombudsman
  • Maximum leverage1:500
This describes the authority's regime, not how BTSE applies it.
The holder

Who holds this licence

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

Broker
BTSE
Based in
British Virgin Islands
Wikilix score
9.1the 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.

  • BTSE, INC.United States
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 BTSE holds

One other licence is on record for BTSE.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
BTSE prohibits clients from North Korea and other UN-sanctioned countries. This restriction is consistent with the regulatory requirements of its oversight authorities.
BTSE offers customer support via live chat during business hours and email support at support@btse.com. The support is available in English, and the broker maintains active social media channels including Facebook, Twitter, LinkedIn, and YouTube.
BTSE offers a maximum leverage of 100. This applies to their trading conditions, although some regulatory licenses mention unlimited leverage, the practical maximum leverage stated is 100.
BTSE supports various funding methods including bank transfers (SWIFT, SEPA, FPS), credit cards, cryptocurrencies, and e-wallets like PayPal, Skrill, and Neteller. Deposit fees vary by method, for example, a 3.5% fee applies to credit card deposits, while withdrawals may incur percentage or fixed fees depending on the method.
BTSE holds regulatory registrations in Liechtenstein and Indonesia, including oversight by the MajandusTegevuse Register and the Financial Services Authority.
Licence S-20/D.07/2025 was issued by Financial Services Authority (FSA), the financial authority for Indonesia.
BTSE holds this FSA 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 FSA 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 FSA tier 3. Supervision is lighter-touch and client protections vary.
Yes, FSA 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.
BTSE has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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