Wikilix
Licence record

FSA licence SD061

Holder
GVD Markets
Jurisdiction
Seychelles
Licence type
Retail Forex License

This is Wikilix's record of a licence issued by The Seychelles 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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RecordModified Sep 7, 2026

Licence Verification Record

The Seychelles Financial Services Authority SD061

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

Issuing authority
The Seychelles Financial Services Authority
Holder
GVD KORIMCY LTD
Jurisdiction
Seychelles
Licence type
Retail Forex License

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

wikilix.com/licenses/the-seychelles-financial-services-authority/gvd-markets/sd061Fields on file 2 / 11

Open GVD MarketsAbout 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
Seychelles
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
SD061
Licence type (Wikilix classification)
Retail Forex License
The authority

About FSA

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

Full name
The Seychelles Financial Services Authority
Jurisdiction
Seychelles
Strength
Tier 3Lighter-touch supervision; protections vary and are often limited.
Established
2013
Oversight
A government or statutory body
Firms we track under it
143 firms
Regulates
Stocks, Fund
Licences it issues
Securities Dealer – Principal & Agency
Typical cost of a licence
USD 10000-20000
Public register
Searchable by the public
Transparency
Low

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
  • Complaints routeFSA Enquiries
  • Maximum leverage1:1000
This describes the authority's regime, not how GVD Markets applies it.
The holder

Who holds this licence

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

Broker
GVD KORIMCY LTD
Based in
Cyprus
Wikilix score
43.3the 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.

  • GVD KORIMCY LTDCyprus · Reg. HE416402 · Jun 16, 2021
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 GVD Markets holds

One other licence is on record for GVD Markets.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
GVD Markets offers leverage up to 1000:1 according to the trading conditions data. However, the regulatory leverage limit under CySEC is typically up to 30:1 for retail clients, indicating that leverage may vary by account type or jurisdiction.
Yes, GVD Markets requires Know Your Customer (KYC) verification for account opening. Clients must submit identity and proof of residence documents during registration to comply with regulatory standards.
The minimum deposit at GVD Markets is generally $500 for Standard and STP accounts. For ECN accounts, the minimum deposit requirement is higher, set at $2,000. Deposits must be made from accounts in the same name as the trading account holder.
GVD Markets accepts deposits and withdrawals via Visa, Mastercard, bank wire transfer, UnionPay remittance, and online banking terminals. Deposit fees are generally not charged, but Visa withdrawals incur a fee of 3.25% plus €2.50 per transaction. Processing times vary from instant to a few business days depending on the method.
According to WIKILIX data, GVD Markets provides access to MetaTrader 4 and MetaTrader 5 platforms. Both platforms support desktop versions and offer advanced charting and trading tools suitable for Forex, stocks, and futures trading.
GVD Markets is regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 411/22. Client funds are protected up to €20,000 through the Investor Compensation Fund (ICF). The broker operates under a high transparency level and complies with onshore regulatory standards.
Licence SD061 was issued by The Seychelles Financial Services Authority (FSA), the financial authority for Seychelles.
GVD Markets 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.
GVD Markets has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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