Wikilix
Licence record

FSC licence GB23201518

Holder
FOTMARKETS
Jurisdiction
Belize
Last checked
Aug 24, 2026

This is Wikilix's record of a licence issued by Financial Services Commission. 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 Aug 24, 2026

Licence Verification Record

Financial Services Commission GB23201518

Wikilix read the FSC register on Aug 24, 2026. This is what it said.

Issuing authority
Financial Services Commission
Holder
FOT LIMITED
Jurisdiction
Belize
Effective
May 12, 2023
Register status
Legally valid

Checked Aug 24, 2026

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/licenses/financial-services-commission/fotmarkets/gb23201518Fields on file 8 / 11

Open FOTMARKETSAbout FSC
Our check
Checked

What we checked

We found this licence on the issuing authority's own register.

Wikilix check
Confirmed on the register
Authority strength
Tier 3
Jurisdiction
Belize
Last checked
Aug 24, 2026
Register says
Legally valid

Finding

A genuine Investment Dealer (Full Service Dealer excluding Underwriting) licence held by FOT Limited, confirmed on the FSC public register with a matching registered address. Mauritius is a low-tier offshore regulator with limited investor protection. Client protection: Low. Offshore regulator, no strong investor compensation scheme.. Effective: 12 May 2023.

Exhibit

Register screenshot, captured Aug 24, 2026
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
GB23201518
Register status
Legally valid
Effective from
Expires
No expiry shown
The authority

About FSC

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

Full name
Financial Services Commission
Jurisdiction
Belize
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
1999
Oversight
A government or statutory body
Firms we track under it
8 firms
Regulates
Forex, Fund, Derivatives
Licences it issues
Investment Dealer (Full Service)
Typical cost of a licence
USD 20000-30000
Public register
Searchable by the public
Transparency
Medium

FSC 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

FSC's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeFSC Complaints
  • Maximum leverage1:1000
This describes the authority's regime, not how FOTMARKETS applies it.
The holder

Who holds this licence

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

Broker
FOT LIMITED
Based in
Mauritius
Wikilix score
36.3the firm’s overall score, not a rating of this licence

Wikilix records FOTMARKETS as having no regulation on file. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

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.

Official source
The issuing authority’s registerPublished by the authority, not by Wikilix.
Last checked by Wikilix
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Evidence held
A screenshot of the register entry is on file.
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
Not specified in the provided context.
The minimum deposit amount at FOTMARKETS is 30 USD. This applies to their ECN account type.
FOTMARKETS supports deposits and withdrawals via bank transfer, credit/debit cards, e-wallets, cryptocurrencies, and local payment methods. Processing times vary from one to ten working days depending on the method, and no fees are charged for deposits or withdrawals.
FOTMARKETS provides access to the MetaTrader 5 platform, which supports multiple devices including iOS, Android, Windows, and Mac. MetaTrader 5 is known for multi-asset trading and advanced analytics.
FOTMARKETS operates without formal regulation according to the provided context. It is based in Mauritius but does not hold a regulatory license from a recognized authority. Users should consider this information when assessing safety.
Licence GB23201518 was issued by Financial Services Commission (FSC), the financial authority for Belize.
FOTMARKETS holds this FSC licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the FSC register. Note that confirming a register ENTRY is not the same as confirming a live licence — the register’s own wording on this page is what states its current standing.
Wikilix rates FSC tier 3. Supervision is lighter-touch and client protections vary.
Yes, FSC 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.
This page links straight to the FSC register. Search it for GB23201518, and for the name FOTMARKETS rather than the trading brand.
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