Wikilix
Licence record

FSA licence SD157

Holder
SIFX
Jurisdiction
Seychelles
Licence type
Dealing in securities
Last checked
Aug 16, 2026

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 10, 2026

Licence Verification Record

The Seychelles Financial Services Authority SD157

Wikilix read the FSA register on Aug 16, 2026. This is what it said.

Issuing authority
The Seychelles Financial Services Authority
Holder
FXW Global Ltd
Jurisdiction
Seychelles
Licence type
Dealing in securities
Register status
Active. FXW Global Ltd appears on the FSA Securities Dealer register with the address, phone and website matching this broker. The register itself does not publish SD numbers or dates, so the

Checked Aug 16, 2026

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/sifx/sd157Fields on file 8 / 11

Open SIFXAbout FSA
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
Seychelles
Last checked
Aug 16, 2026
Register says
Active. FXW Global Ltd appears on the FSA Securities Dealer register with the address, phone and website matching this broker. The register itself does not publish SD numbers or dates, so the

Finding

A Seychelles Securities Dealer licence, the standard offshore permission to deal in securities and derivatives. It is genuine regulation but light touch, with no investor compensation scheme behind it. Client protection: Low. No compensation scheme and no statutory guarantee that client funds are segregated. Recovering a disputed deposit in practice depends on the firm cooperating..

Exhibit

Register screenshot, captured Aug 16, 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
SD157
Licence type (Wikilix classification)
Dealing in securities
Register status
Active. FXW Global Ltd appears on the FSA Securities Dealer register with the address, phone and website matching this broker. The register itself does not publish SD numbers or dates, so the
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 SIFX applies it.
The holder

Who holds this licence

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

Broker
FXW Global Ltd
Based in
Seychelles
Wikilix score
24.9the 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.

  • FXW GLOBAL LTDSeychelles · Company Limited by Shares · Reg. 8434164-1 · Dec 16, 2022
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.
Frequently Asked Questions

Questions about this licence

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

Most Popular Questions

Three stand out. First, the only regulation claimed is offshore and WIKILIX could not confirm it, so there is no compensation scheme or guaranteed client-money segregation behind your deposit. Second, disclosure is thin: no funding fees, no limits, no instrument counts, no execution model and no named trading platform. Third, the sales model leans on account managers, bonuses and signals tied to escalating deposit tiers, which is a structure that can push clients to fund far beyond what they intended.

WIKILIX found no evidence that SIFX is a scam and no sign of a cloned identity: the company it names in its footer really exists, at the address and under the registration number it publishes, and its site is consistent about who operates it. What we could not do is confirm its Seychelles licence claim independently, and the regulator it names would offer a client very limited protection even if the licence is in force. That combination makes it high-risk-unverified rather than proven bad. Treat any deposit as capital you could lose without recourse.

The operating company, FXW Global Ltd, was incorporated on 16 December 2022, which makes the business roughly three and a half years old at the time of this review. That is a short record for a CFD provider, and there is no longer trading history to judge it on.

Support is advertised as available 24/5 by email at support@sifx.com and by telephone on +248 4377167, with local numbers for Mexico, Panama, Peru, Chile, Brazil and Colombia. The registered office address is CT House, Office 7C, Providence, Mahe, Seychelles. No live chat is advertised and the site links to no social media accounts.

The broker states it does not serve residents of certain jurisdictions, including but not limited to Japan, Canada, the USA and Hong Kong legal persons. Its telephone support numbers for Mexico, Panama, Peru, Chile, Brazil and Colombia, and its Spanish and Portuguese site versions, show the business is aimed mainly at Latin America.

Yes. SIFX publishes a dedicated Islamic account page, and swap-free treatment is also listed as a feature of the Platinum and VIP Platinum tiers. The higher tiers additionally advertise swap refunds of up to 10%, 15% and 20% respectively.

The broker does not publish a fee table. Its deposit and withdrawal page states only that transaction fees may apply and vary by payment provider and country. It publishes a separate withdrawal procedure document, and you should read it and get the applicable charges confirmed before depositing.

The broker accepts bank transfers, credit and debit cards and electronic wallets, with availability depending on your country and account type. Account verification must be completed before funds move. Bank transfers are said to take several business days; cards and wallets are described only as quicker. No fee schedule, no minimum or maximum limits and no firm withdrawal timeframe are published, so ask for them in writing before you fund an account.

SIFX trades through its own browser-based client area rather than a named third-party platform. The website does not advertise MetaTrader 4, MetaTrader 5, cTrader or any download for desktop or mobile, and it publishes no platform specifications. If you rely on expert advisors or a specific charting package, confirm compatibility with the broker before depositing.

Pricing is spread-based and improves with the size of your deposit: from 2.5 pips on Silver, from 1.8 pips on Gold and from 1.5 pips on Platinum, with customised pricing on VIP Platinum. The Basic account is described only as having regular spreads, with no figure attached. The broker's FAQ mentions minimal commissions but publishes no per-lot commission rate.

SIFX offers contracts for difference across five market groups: forex currency pairs, shares, indices, commodities and cryptocurrencies. The site does not publish the number of instruments in each group, so the real breadth of the offering cannot be checked before you open an account.

The highest leverage published is 1:400, available on the Platinum and VIP Platinum accounts. The Silver and Gold accounts are listed at up to 1:200. No leverage figure is published for the Basic account. Leverage of this size magnifies losses as well as gains and is not available to retail clients under most onshore regimes.

The entry-level Basic Account starts at USD 500. Higher tiers require substantially more: Silver from USD 5,000, Gold from USD 25,000 and Platinum from USD 75,000. The VIP Platinum tier is arranged by contacting the broker and no figure is published for it.

SIFX is a brand name of FXW Global Ltd, a company limited by shares registered in the Seychelles under number 8434164-1, with its registered office at Second Floor CT House, Unit 7C, Zone 18, Providence, Mahe. The entity is recorded as active and was incorporated on 16 December 2022. The same company also runs the FXW Global brand website.

SIFX states on its own website that the brand is operated by FXW Global Ltd and is authorised by the Seychelles Financial Services Authority under licence number SD157. WIKILIX was not able to confirm that licence against the issuing authority's own record during this review, so it is recorded as a claim made by the broker rather than as independently verified. Even taken at face value, a Seychelles securities dealer licence is offshore and lower tier: it does not bring a compensation scheme, guaranteed segregation of client money or negative balance protection.

Licence SD157 was issued by The Seychelles Financial Services Authority (FSA), the financial authority for Seychelles.
SIFX holds this FSA licence. A licence on record means the authority published an entry; it is not an endorsement.
We located this entry on the FSA 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 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.
This page links straight to the FSA register. Search it for SD157, and for the name SIFX rather than the trading brand.
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