Stratos Systems Limited

Nigeria does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.

Last read2026-09-29

No local licensing here

Nigeria does not license retail forex brokers, so no broker holds a local licence here. That is how this market is built, not a sign of fraud.

Tier

Regulator · held by

Licence

Supervision

Compensation

1 comparable supervision

Cyprus Securities and Exchange CommissionSTRATOS EUROPE LIMITED (ex FXCM EU LTD)domain you looked up · 2026-09-29

392/20

Full: capital requirements, client-money segregation, regular reporting.

A scheme exists, but it usually does not cover clients resident abroad.

2 offshore registration

Financial Services Authority (Seychelles)Stratos Systems Limiteddomain you looked up · 2026-09-29

no number published

Formal: the registration is real; supervision is limited.

None.

Same brand, other companies

DIFFERENT legal entities trade under one brand here, on different licences. The one you sign with decides which rung you are on: the protection differs, and the licence the brand advertises on its site may not be the one you get.

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Check it yourself

https://fsaseychelles.sc/regulated-entities/capital-markets

Stratos Systems Limited

Which company you actually sign with in Nigeria, and whose licence that is.

STRATOS EUROPE LIMITED (ex FXCM EU LTD)another company under the same brand

Cyprus Securities and Exchange Commission · 392/20

Stratos Systems Limitedthe company you looked up

Financial Services Authority (Seychelles) · no number published

Source

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Last good read

Last attempt

Result

SC-FSAFinancial Services Authority (Seychelles)

233

2026-09-29

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