Wikilix
Licence record

FSA licence SD027

Holder
ZFX
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.

WIKILIX

Licence intelligence

RecordModified Sep 7, 2026

Licence Verification Record

The Seychelles Financial Services Authority SD027

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

Issuing authority
The Seychelles Financial Services Authority
Holder
Zeal Capital Market (Seychelles) Limited
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/zfx/sd027Fields on file 2 / 11

Open ZFXAbout 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
SD027
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 ZFX applies it.
The holder

Who holds this licence

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

Broker
Zeal Capital Market (Seychelles) Limited
Based in
Seychelles
Wikilix score
64.3the firm’s overall score, not a rating of this licence

Wikilix has flagged ZFX as a suspected clone of another firm. That is a finding about the firm, not about this licence — the register’s own wording above is what states this entry’s standing.

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • Zeal Capital Market (UK) LimitedUnited Kingdom · Reg. 10219924 · Jun 8, 2016
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 ZFX holds

One other licence is on record for ZFX.

Frequently Asked Questions

Questions about this licence

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

Most Popular Questions
ZFX offers leverage up to 2000:1, which is higher than typical FCA limits. The broker may charge commissions depending on the account type, payment method, or situation, but no fixed spreads or commissions are specified. WIKILIX notes that fees can vary and should be confirmed directly with the broker.
Based on the information available on its website, ZFX requires customers to verify their identity by submitting a valid government-issued ID, such as a national ID card, driver's license, or passport, along with proof of address, which can be a recent bank statement or a photo of the first page of a bank passbook.
ZFX supports deposits and withdrawals via credit/debit cards, international bank transfers, e-wallets like Skrill and Neteller, and UnionPay. Deposits are usually credited instantly or within hours, while withdrawals generally process within 24 hours. Minimum deposit amounts vary by method, starting from $15 or $200 depending on the payment type.
ZFX offers the MetaTrader 4 trading platform, which is available on desktop, web, and mobile devices. MetaTrader 4 supports advanced charting, automated trading through Expert Advisors, and fast execution. This platform is widely used for Forex and CFDs trading.
Zeal Capital Market (ZFX) is regulated by the UK Financial Conduct Authority (FCA) and the Seychelles Financial Services Authority (FSA). The FCA regulation provides client fund insurance up to £85,000 and high transparency, while the FSA regulation has lower protection levels. According to WIKILIX, ZFX holds onshore and offshore licenses but is flagged as a suspicious clone.
Licence SD027 was issued by The Seychelles Financial Services Authority (FSA), the financial authority for Seychelles.
ZFX 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.
ZFX has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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