Regulatory Framework
NXG Markets group companies hold licences in more than one jurisdiction. Each licence covers only the entity named on it, so the protections you receive depend on the company that opens your account.
Group Licences & Registrations
Each licence below is held by a specific NXG Markets group company. Check your client agreement to see which one holds your account.
MISA
Mwali International Services Authority
Held by NXG Markets Limited
NXG Markets Limited holds brokerage licence T2022091 issued by the Mwali International Services Authority (MISA) of the Autonomous Island of Mwali (Mohéli), Union of the Comoros. Registered address: Bonovo Road, Fomboni, Island of Moheli, Comoros Union. Regulatory protections under a MISA licence may differ from, and be lower than, those offered by regulators in other jurisdictions.
FSCA
Financial Sector Conduct Authority
Held by NXG Markets (Pty) Ltd
NXG Markets (Pty) Ltd is an authorised Financial Services Provider (FSP No. 51192) regulated by the FSCA in South Africa. This licence applies only to clients onboarded by NXG Markets (Pty) Ltd.
Client Protections
The safeguards we apply to your funds, data, and trading activity.
Segregated Client Funds
Client money is held in bank accounts kept separate from the company's own operating funds.
Negative Balance Protection
Included on all account types. It limits your losses to the funds in your account, under our client agreement.
AML & KYC Compliance
Anti-Money Laundering and Know Your Customer checks are carried out before and during the client relationship.
Order Execution
Orders are routed to our liquidity providers through an STP/ECN model. Costs are listed in our trading conditions.
Data Protection
Client data is encrypted in transit and handled in line with the data protection laws that apply to us.
Know Your Entity
Your client agreement names the group company that holds your account. The protections available depend on that entity's licence.
Our Compliance Process
A step-by-step approach to identity checks, monitoring and reporting.
Identity Verification
KYC checks ensure that every client meets regulatory identity requirements before accessing services.
Transaction Monitoring
Real-time AML surveillance systems monitor all transactions for suspicious activity patterns.
Risk Assessment
Continuous risk evaluation of market conditions, clients, and operational processes.
Regulatory Reporting
Timely and accurate filings to all relevant regulatory authorities across jurisdictions.
Why Clients Choose Us
We aim to be clear about who we are, which entity you contract with, and what protections apply.
- Licences held by named group entities, listed on this page
- Client funds held separately from company operating funds
- Negative balance protection on all account types
- Trading costs published in our trading conditions
- Compliance team reviewing accounts during business hours
MISA (Mwali (Mohéli), Comoros)
Licence T2022091 — Mwali International Services Authority
FSCA (South Africa)
FSP No. 51192 — Financial Sector Conduct Authority
Risk Warning
Trading derivatives and leveraged products carries a high level of risk and is not suitable for all investors. You can lose all of the money in your trading account. Negative balance protection limits your losses to your account balance, but it does not protect you from losing that balance. Please read our client agreement and risk disclosure before opening or funding an account. Past performance is not indicative of future results.
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