XSpot Wealth (EU) Ltd

X SPOT MARKETS (EU

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 CommissionXSpot Wealth (EU) Ltddomain you looked up · 2026-09-29

235/14

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

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

Same brand, other companies

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X SPOT MARKETS (EU

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

XSpot Wealth (EU) Ltdthe company you looked up

Cyprus Securities and Exchange Commission · 235/14

Source

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Result

CY-CYSECCyprus Securities and Exchange Commission

248

2026-09-29

read

CY-ESMACyprus Securities and Exchange Commission (via ESMA register)

327

2026-09-29

read