Wikilix
Licence record

FSC licence GB23202301

Holder
Prime OTP
Jurisdiction
Mauritius
Licence type
Financial Service

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 Jul 27, 2026

Licence Verification Record

Financial Services Commission GB23202301

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

Issuing authority
Financial Services Commission
Holder
Prime OTP Ltd
Jurisdiction
Mauritius
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-commission/prime-otp/gb23202301Fields on file 2 / 11

Open Prime OTPAbout FSC
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
Mauritius
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
GB23202301
Licence type (Wikilix classification)
Financial Service
The authority

About FSC

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

Full name
Financial Services Commission
Jurisdiction
Mauritius
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 Prime OTP applies it.
The holder

Who holds this licence

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

Broker
Prime OTP Ltd
Based in
Mauritius
Wikilix score
31.8the 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
Prime OTP offers customer support through live chat available during business hours, phone support at +971 42254643, and email at support@primeotp.com. Support is provided in English, and the broker maintains active social media channels for additional contact.
According to WIKILIX data on Prime OTP, the maximum leverage available to traders is 500. This leverage applies to the trading instruments offered by the broker.
Prime OTP supports deposits and withdrawals via bank wire transfer, credit/debit cards (Visa, MasterCard), e-wallets like Skrill and Neteller, and cryptocurrencies including Bitcoin, Ethereum, and USDT. Processing times vary from instant for cryptocurrencies to a few days for other methods, and no fees are charged for deposits or withdrawals.
Prime OTP provides access to the MetaTrader 5 platform, which is available on web, iOS, Mac, Android, and Windows devices. MetaTrader 5 supports trading in multiple asset classes with advanced analytics and algorithmic trading tools.
Prime OTP Ltd is regulated by the Financial Services Commission (FSC) of Mauritius, which is an onshore regulator. The broker holds a Financial Service license and operates under regulatory standards that include compliance with international bodies such as IOSCO and FATF. However, client fund insurance is not provided.
Licence GB23202301 was issued by Financial Services Commission (FSC), the financial authority for Mauritius.
Prime OTP holds this FSC 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 FSC 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 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.
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