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Broker Regulation & Licensing Database

Updated 4 November 2026 · Written by Broker Atlas Data Desk · Data checked by Broker Atlas Comparisons Desk

Short answer

Licences: 59. The most common regulator is FSC (Mauritius), used by 11 brokers.

Most brands run several companies, each under its own licence. Which company opens your account decides the protection you get.

Licences
59
Regulators
16
Groups with a top-tier licence
12/27
FCA, ASIC, CySEC and similar
Brokers with a Japan FSA warning
22/27

As of 4 November 2026 · 24 of 27 brokers have a figure for at least one licence. · Download CSV

Key findings

  • The most common regulator is FSC (Mauritius), used by 11 brokers.
  • The licences come from 16 countries and territories.
  • Only 5 brokers serve these clients through a company that itself holds a top-tier licence. For 7, we found no financial licence for the company that opens accounts, only a company registration.
  • 12 groups hold a top-tier licence somewhere; the other 15 hold offshore licences only.

Charts

Brokers per regulator
  1. FSC (Mauritius)11
  2. FSA (Seychelles)8
  3. CySEC (Cyprus)7
  4. FSCA (South Africa)6
  5. FSC (Belize)4
  6. FCA (United Kingdom)4
  7. MISA (Mwali (Comoros))4
  8. ASIC (Australia)3
  9. VFSC (Vanuatu)3
  10. FSC (British Virgin Islands)2
  11. CMA (Kenya)2
  12. CBCS (Curaçao)1
  13. LFSA (Labuan (Malaysia))1
  14. DFSA (Dubai (UAE))1

All licences and registrations

BrokerRegulatorJurisdictionLicence no.CompanyRoleTypeJapan FSA warnings
XMFeaturedFSCBelize8557558XM Global LimitedServes clientsLicence4
VantageFSCMauritiusGB20026165VIG GroupServes clientsLicence3
VantageFSCASouth Africa51268Vantage Markets (Pty) LtdServes clientsLicence3
ExnessCBCSCuraçao0003LSIExness B.V.Group companyLicence1
ExnessFSCBritish Virgin IslandsSIBA/L/20/1133Exness (VG) LtdGroup companyLicence1
ExnessFSCBelize9110312Forexite Ltd.Group companyLicence1
ExnessFSCMauritiusGB20025294Exness (MU) LtdGroup companyLicence1
ExnessFSASeychellesSD025—Group companyLicence1
Ultima MarketsFSCMauritiusGB 23201593—Serves clientsLicence0
Ultima MarketsFSCASouth AfricaFSP 52497—Serves clientsLicence0
Ultima MarketsFCAUnited Kingdom470325—UK clients onlyLicence0
FBSFSCBelize000102/460FBS Markets Inc.Serves clientsLicence0
FBSASICAustralia——Serves clientsLicence0
HFMCySECCyprus183/12HF Markets (Europe) LtdGroup companyLicence1
HFMFCAUnited Kingdom801701—Group companyLicence1
HFMFSCASouth Africa46632—Group companyLicence1
HFMFSASeychellesSD015—Group companyLicence1
HFMCMAKenya——Group companyLicence1
XS.comFSASeychellesSD089XS Ltd, operates xs.comServes clientsLicence1
XS.comASICAustralia——Group companyLicence1
XS.comCySECCyprus——Group companyLicence1
XS.comFSCASouth Africa——Group companyLicence1
XS.comLFSALabuan (Malaysia)——Group companyLicence1
XS.comFSCMauritius——Group companyLicence1
XS.comCMAKenya——Group companyLicence1
FXGTFSASeychellesSD019GT Global LtdServes clientsLicence2
FXGTFSCASouth Africa48896GT IO Markets (Pty) LtdServes clientsLicence2
FXGTFSCMauritiusGB24203727GT Markets Capital LtdGroup companyLicence2
FXGTVFSCVanuatu700601—Group companyLicence2
M4MarketsFSASeychellesSD035—Serves clientsLicence1
M4MarketsCySECCyprus301/16—Group companyLicence1
M4MarketsDFSADubai (UAE)F007051—Group companyLicence1
OctaMISAMwali (Comoros)—Octa Markets LtdServes clientsLicence0
OctaCySECCyprus——Serves clientsLicence0
MYFX MarketsFSASeychellesSD202MYFX Group LtdServes clientsLicence2
MYFX MarketsAOFAAnjouan (Comoros)L15835/MYFX—Serves clientsLicence2
IronFXCySECCyprus125/10Notesco Financial Services Ltd, EU onlyEU clients onlyLicence2
IronFXFCAUnited Kingdom585561Notesco UK Ltd, UK onlyUK clients onlyLicence2
ErranteFSASeychellesSD038—Serves clientsLicence1
ErranteCySECCyprus383/20Notely Trading LtdEU clients onlyLicence1
Titan FXVFSCVanuatu40313Titan FX LimitedServes clientsLicence2
ThreeTraderVFSCVanuatu40430ThreeTrader Global LtdServes clientsLicence1
ThreeTraderFSCMauritiusGB24203958—Serves clientsLicence1
easyMarketsFSASeychelles——Serves clientsLicence1
LandPrimeFSCMauritiusGB24203734Land Prime LtdServes clientsLicence1
LandPrimeCompany registrySt Vincent and the Grenadines23627 IBC 2016—Serves clientsCompany registration1
AMarketsMISAMwali (Comoros)T2023284AMarkets LTDServes clientsLicence0
AMarketsCompany registrySt Vincent and the Grenadines——Serves clientsCompany registration0
AxiCompany registrySt Vincent and the Grenadines—4303 LLC 2025Serves clientsCompany registration1
EBC FinancialCompany registrySt Vincent and the Grenadines—SVG reg. 353 LLC 2020Serves clientsCompany registration0
EBC FinancialFCAUnited Kingdom927552—Group companyLicence0
EBC FinancialCIMACayman Islands2038223—Group companyLicence0
EBC FinancialASICAustralia500991—Group companyLicence0
EBC FinancialFSCASouth Africa51541—Group companyLicence0
EBC FinancialFSCMauritiusGB24203273—Group companyLicence0
AXIORYFSCBelize4496214Axiory Global LtdServes clientsLicence1
AXIORYFSCMauritiusGB21026376Tradit LtdServes clientsLicence1
Hantec MarketsFSCMauritiusC114013940Hantec Markets LtdServes clientsLicence1
bitcastleFXCompany registrySt Vincent and the Grenadines—bitcastle LLC, a St Vincent and the Grenadines companyServes clientsCompany registration1
BigBossMISAMwali (Comoros)BFX2024045Big Boss Ltd.Serves clientsLicence2
BigBossFSCMauritiusGB20025563BigBoss Mauritius LimitedServes clientsLicence2
SwiftTraderMISAMwali (Comoros)T2023364Swift Trader LtdServes clientsLicence1
iFOREXFSCBritish Virgin Islands—Formula Investment House LtdServes clientsLicence2
iFOREXCySECCyprus143/11—EU clients onlyLicence2
IS6FXCompany registrySt Vincent and the Grenadines26536 BC 2021—Serves clientsCompany registration2

Download CSV

How we calculate this

Entities and licence numbers are checked against each broker's own pages and regulators' registers. "Top-tier" means FCA or ASIC, or CySEC, DFSA, FSCA and similar. Japan FSA warnings come from the FSA's published list of firms warned for soliciting Japanese residents without registration. The official pages behind these rules: Japan FSA: list of unregistered firms that received warnings.

Cite this data

You are free to use the data on this page in articles, research and social posts, as long as you credit Broker Atlas with a link to this page (CC BY 4.0).

Broker Atlas (2026). Broker Regulation & Licensing Database. Data as of 4 November 2026. https://brokeratlas.io/en/data/regulation-database/
<a href="https://brokeratlas.io/en/data/regulation-database/">Broker Regulation & Licensing Database – Broker Atlas</a>

Frequently asked questions

What is the Broker Regulation & Licensing Database?

Most brands run several companies, each under its own licence. Which company opens your account decides the protection you get. 24 of 27 brokers have a figure for at least one licence.

What is the licences?

59, as of 4 November 2026. The licences come from 16 countries and territories.

How often is this data updated?

It is recalculated automatically whenever a broker figure changes. The current figures are as of 4 November 2026.

Can I use this data in my article?

Yes. You may quote or republish it freely as long as you credit Broker Atlas with a link to this page (CC BY 4.0). The full table is also available as a CSV file.

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