Wikilix
Licence record

FINTRAC licence M08042065

Holder
MTFX
Jurisdiction
Canada
Licence type
Common Business Registration
Last checked
Aug 19, 2026

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

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RecordModified Aug 23, 2026

Licence Verification Record

Financial Transactions and Reports Analysis Centre of Canada M08042065

Wikilix read the FINTRAC register on Aug 19, 2026. This is what it said.

Issuing authority
Financial Transactions and Reports Analysis Centre of Canada
Holder
MTFX Group
Jurisdiction
Canada
Licence type
Common Business Registration
Effective
Jun 23, 2008
Expires
May 31, 2027
Register status
active

Checked Aug 19, 2026

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

wikilix.com/licenses/financial-transactions-and-reports-analysis-centre-of-canada/mtfx/m08042065Fields on file 9 / 11

Open MTFXAbout FINTRAC
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
Canada
Last checked
Aug 19, 2026
Register says
active

Finding

Confirmed on the FINTRAC register as Legal Name: MTFX INC., Operating Name: MTFX INC. (second matching row: Legal Name: MTFX GLOBAL INC., Operating Name: MTFX GLOBAL INC.) (MSB registration - Foreign Exchange (spot currency exchange, money changing), Money Transferring). MSB Registration Number "M08042065" printed on the row for "Legal Name: MTFX INC., Operating Name: MTFX INC." equals the number our DB holds for this broker; corroborated on both matching rows by the printed Website "www.mtfxgroup.com", whose host matches the broker's mainWebsite mtfxgroup.com

Exhibit

Register screenshot, captured Aug 19, 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
M08042065
Licence type (Wikilix classification)
Common Business Registration
Register status
active
Effective from
Expires
The authority

About FINTRAC

Financial Transactions and Reports Analysis Centre of Canada is the authority that issued this licence, and the jurisdiction it applies in is Canada.

Full name
Financial Transactions and Reports Analysis Centre of Canada
Jurisdiction
Canada
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
2000
Oversight
A government or statutory body
Firms we track under it
3 firms
Licences it issues
Money services business registration; foreign exchange dealers; remittance; virtual currency dealer
Typical cost of a licence
Registration free; compliance costs
Public register
Searchable by the public
Transparency
Medium

FINTRAC 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

FINTRAC's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeComplaints to FINTRAC or Office of the Privacy Commissioner
  • Maximum leverageN/A
This describes the authority's regime, not how MTFX applies it.
The holder

Who holds this licence

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

Broker
MTFX Group
Based in
Canada
Wikilix score
44.1the 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.

  • MTFX Inc.Canada · Reg. 1181341
  • MTFX USA 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.

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.
Also on record

Other licences MTFX holds

2 other licences are on record for MTFX.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
MTFX is an established platform specializing in cross-border payments, supporting the transfer of 50+ currencies to over 190 countries.
MTFX Group offers customer support via live chat during business hours and email support at customersuccess@mtfxgroup.com. They provide phone support with an international number and maintain active social media channels for additional contact. Support is available primarily in English.
MTFX Group does not charge commissions on trading accounts. The minimum deposit amount is 0 USD, but funding methods like bank transfer and Interac e-Transfer have minimum deposit requirements, typically starting at 100 CAD. Deposit fees apply depending on the payment method used.
MTFX Group supports bank transfers, Interac e-Transfer, and bill payment methods for deposits and withdrawals, primarily in Canadian dollars. Credit/debit cards, e-wallets, and cryptocurrencies are not supported as of 2025. Fees and processing times vary by method, with bank transfers taking up to 3 business days and Interac e-Transfer being faster.
MTFX Group is registered in Canada and regulated by FINTRAC and AMF, both government authorities. FINTRAC oversees money services business registration, while AMF regulates investment services with high standards. However, MTFX does not provide client fund insurance, so users should consider this when assessing safety.
Licence M08042065 was issued by Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), the financial authority for Canada.
MTFX holds this FINTRAC licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the FINTRAC 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 FINTRAC tier 3. Supervision is lighter-touch and client protections vary.
Yes, FINTRAC 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 FINTRAC register. Search it for M08042065, and for the name MTFX rather than the trading brand.
MTFX has 2 other licences on record with Wikilix, across 2 jurisdictions. They are listed further down this page.
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