Wikilix
Licence record

FSA licence SD015

Holder
HotForex
Jurisdiction
Seychelles
Licence type
Financial Service

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 SD015

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

Issuing authority
The Seychelles Financial Services Authority
Holder
Hot Forex
Jurisdiction
Seychelles
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/the-seychelles-financial-services-authority/hotforex/sd015Fields on file 2 / 11

Open HotForexAbout 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
SD015
Licence type (Wikilix classification)
Financial Service
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 HotForex applies it.
The holder

Who holds this licence

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

Broker
Hot Forex
Based in
Mauritius
Wikilix score
58.0the 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.

  • HOT FOREXMauritius · Reg. ΕΕ 38236 · Nov 7, 2012
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 HotForex holds

3 other licences are on record for HotForex.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
HotForex offers a maximum leverage of up to 1000:1. This high leverage is available depending on the regulatory jurisdiction and account type. For example, FCA-regulated accounts have a maximum leverage of 30:1, while offshore licenses may allow higher leverage.
According to the provided data, HotForex does not charge commissions on trades. There is no specified spread type or average spread mentioned. Deposit and withdrawal fees are generally not charged by the broker, though third-party or bank fees may apply.
The minimum deposit at HotForex is 5 USD. Supported payment methods include Visa, Mastercard, Skrill, Neteller, Perfect Money, bank and wire transfers, various cryptocurrencies, and other e-wallets. Processing times vary from instant for cards and e-wallets to up to 10 business days for wire transfers.
HotForex provides access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms. Both platforms support desktop versions and offer advanced charting, automated trading, and multi-asset trading capabilities. These platforms are widely used for Forex and CFD trading.
HotForex is regulated by multiple authorities including the UK's Financial Conduct Authority (FCA) and South Africa's Financial Sector Conduct Authority (FSCA). Client funds are protected up to £85,000 under the UK FSCS scheme and up to ZAR 500,000 under the FSCA. The broker operates under onshore and offshore licenses with high transparency and complaint mechanisms.
Licence SD015 was issued by The Seychelles Financial Services Authority (FSA), the financial authority for Seychelles.
HotForex 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.
HotForex has 3 other licences on record with Wikilix, across 3 jurisdictions. They are listed further down this page.
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