Wikilix
Licence record

LFSA licence MB/20/0051

Holder
VARIANSE
Jurisdiction
Malaysia
Licence type
Financial Service

This is Wikilix's record of a licence issued by Labuan Financial Services 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 Jul 27, 2026

Licence Verification Record

Labuan Financial Services Authority MB/20/0051

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

Issuing authority
Labuan Financial Services Authority
Holder
VDX Ltd
Jurisdiction
Malaysia
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/labuan-financial-services-authority/varianse/mb-20-0051Fields on file 2 / 11

Open VARIANSEAbout LFSA
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
Malaysia
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
MB/20/0051
Licence type (Wikilix classification)
Financial Service
The authority

About LFSA

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

Full name
Labuan Financial Services Authority
Jurisdiction
Malaysia
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
1996
Oversight
A government or statutory body
Firms we track under it
44 firms
Regulates
Forex, Bond, Stocks, Fund, Derivatives, Commodity, Loan, Securities, Futures
Licences it issues
Money Broking (intermediary only, arranging/negotiating)
Typical cost of a licence
Paid-up capital MYR 500,000; annual fee USD 1,500
Public register
Searchable by the public
Transparency
Medium
Protection

What this licence protects

LFSA's own rules for the firms it authorises.

  • Compensation schemeDeposit insurance up to RM 100,000 per depositor
  • Client money kept separate
  • Complaints routeLabuan FSA complaints channel
  • Maximum leverage1:96
This describes the authority's regime, not how VARIANSE applies it.
The holder

Who holds this licence

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

Broker
VDX Ltd
Based in
United Kingdom
Wikilix score
54.7the 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.

  • VDX LTDUnited Kingdom · Reg. 11050659 · Nov 7, 2017
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 VARIANSE holds

3 other licences are on record for VARIANSE.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
VARIANSE provides customer support via phone, live chat during business hours, and email. Support is available in English, and the broker maintains active social media channels for additional contact options. The main phone number is +44 (0) 203 475 2285.
The minimum deposit amount required to open an account with VARIANSE is 500 USD. The maximum leverage offered by the broker is 500:1, allowing traders to control larger positions with a smaller amount of capital.
VARIANSE accepts deposits via credit/debit cards, e-wallets like Skrill and Neteller, cryptocurrencies, and bank wire transfers. Deposit fees vary by method, for example, credit cards incur a 1.5% fee while e-wallets have a 3.9% fee. Withdrawals have no fees but require a minimum amount of 100 USD.
VARIANSE offers access to MetaTrader 4 and cTrader platforms. Both platforms support web trading and provide advanced charting and automated trading capabilities. These platforms are widely used by professional traders for Forex and CFDs trading.
VARIANSE is regulated by the UK Financial Conduct Authority (FCA), an onshore tier 1 regulator. Client funds are protected up to £85,000 under the Financial Services Compensation Scheme (FSCS). The broker operates under strict regulatory standards including transparency and complaint mechanisms through the Financial Ombudsman Service.
Licence MB/20/0051 was issued by Labuan Financial Services Authority (LFSA), the financial authority for Malaysia.
VARIANSE holds this LFSA 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 LFSA 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 LFSA tier 3. Supervision is lighter-touch and client protections vary.
VARIANSE has 3 other licences on record with Wikilix, across 3 jurisdictions. They are listed further down this page.
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