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The Seychelles Financial Services Authority(FSA) is an autonomous regulatory body responsible for the non-bank financial services in Seychelles. Established under the Financial Services Authority Act, 2013, FSA is responsible for permitting and regulating licenses, enforcing regulatory and compliance requirements, monitoring and supervizing the conduct of business in the non-bank financial services sector in Seychelles. The regulated activities include fiduciary services, capital market & collective investment schemes, insurance, gambling. FSA is also responsible for the registration of international business companies, foundations, limited partnership and international trust in Seychelles.

FSA

Regulated
EC Markets
10-15 years
Regulated in Australia
Regulated in New Zealand
Regulated in United Kingdom
Regulated in Seychelles
Regulated in South Africa
Market Making(MM)
Straight Through Processing(STP)
Retail Forex License
Financial Service
MT4 Full License
MT5 Full License
9.12
Score
Regulated
GO MARKETS
Above 20 years
Regulated in Australia
Regulated in Cyprus
Regulated in Seychelles
Market Making(MM)
Retail Forex License
MT4 Full License
MT5 Full License
cTrader
Self-developed
Global Business
8.99
Score
Regulated
Trade Nation
10-15 years
Regulated in Australia
Regulated in United Kingdom
Regulated in Seychelles
Regulated in South Africa
Regulated in Bahamas
Market Making(MM)
Financial Service Corporate
Retail Forex License
MT4 Full License
Self-developed
Global Business
Suspicious Overrun
Medium potential risk
Offshore Regulated
8.99
Score
Regulated
MACRO MARKETS
5-10 years
Regulated in Australia
Regulated in Hong Kong
Regulated in Seychelles
Market Making(MM)
Type AA License
Retail Forex License
MT4 Full License
Global Business
Medium potential risk
Offshore Regulated
8.82
Score
Regulated
easyMarkets
Above 20 years
Regulated in Australia
Regulated in Cyprus
Regulated in Seychelles
Regulated in South Africa
Regulated in The Virgin Islands
Market Making(MM)
Financial Service Corporate
Retail Forex License
MT4 Full License
MT5 Full License
Self-developed
Global Business
Suspicious Overrun
Medium potential risk
Offshore Regulated
8.63
Score
Regulated
Hantec Financial
15-20 years
Regulated in Australia
Regulated in Seychelles
Regulated in Vanuatu
Market Making(MM)
Retail Forex License
MT4 Full License
White label MT5
Global Business
Medium potential risk
Offshore Regulated
8.61
Score
Regulated
ETO Markets
10-15 years
Regulated in Australia
Regulated in Seychelles
Market Making(MM)
Retail Forex License
MT4 Full License
Global Business
Medium potential risk
Offshore Regulated
8.45
Score
Regulated
PU Prime
5-10 years
Regulated in Australia
Regulated in Seychelles
Market Making(MM)
Retail Forex License
MT4 Full License
MT5 Full License
Self-developed
Regional Brokers
8.33
Score
Regulated
Exness
10-15 years
Regulated in Cyprus
Regulated in United Kingdom
Regulated in South Africa
Regulated in Seychelles
Market Making(MM)
Institution Forex License
Retail Forex License
MT4 Full License
MT5 Full License
Global Business
8.30
Score
Regulated
HFM
10-15 years
Regulated in Cyprus
Regulated in United Kingdom
Regulated in United Arab Emirates
Regulated in Seychelles
Market Making(MM)
Straight Through Processing(STP)
Retail Forex License
MT4 Full License
MT5 Full License
Self-developed
Global Business
8.27
Score
Regulated
ThinkMarkets
10-15 years
Regulated in Australia
Regulated in Japan
Regulated in United Kingdom
Regulated in Cyprus
Regulated in Seychelles
Regulated in South Africa
Market Making(MM)
Straight Through Processing(STP)
Retail Forex License
Financial Service Corporate
MT4 Full License
MT5 Full License
Self-developed
Global Business
Suspicious Overrun
High potential risk
Offshore Regulated
8.16
Score
Regulated
Fusion Markets
5-10 years
Regulated in Australia
Regulated in Seychelles
Market Making(MM)
Retail Forex License
MT4 Full License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
8.13
Score
Regulated
GVD Markets
2-5 years
Regulated in Cyprus
Regulated in Mauritius
Regulated in Seychelles
Straight Through Processing(STP)
Retail Forex License
MT4 Full License
MT5 Full License
Global Business
7.73
Score
Regulated
FIRST INTERSTELLAR GROUP
10-15 years
Regulated in Cyprus
Regulated in Seychelles
Regulated in Australia
Straight Through Processing(STP)
Retail Forex License
Appointed Representative(AR)
MT4 Full License
MT5 Full License
Global Business
Medium potential risk
Offshore Regulated
7.62
Score
Regulated
Admiral Markets
10-15 years
Regulated in United Kingdom
Regulated in Cyprus
Regulated in Seychelles
Market Making(MM)
Retail Forex License
MT5 Full License
MT4 Full License
Self-developed
Global Business
High potential risk
Offshore Regulated
7.60
Score
Regulated
AC Capital
15-20 years
Regulated in Australia
Regulated in Seychelles
Regulated in Vanuatu
Straight Through Processing(STP)
Retail Forex License
MT5 Full License
cTrader
Global Business
Medium potential risk
Offshore Regulated
7.58
Score
Regulated
INGOT BROKERS
10-15 years
Regulated in Australia
Regulated in Seychelles
Market Making(MM)
Retail Forex License
MT4 Full License
MT5 Full License
Regional Brokers
High potential risk
Offshore Regulated
7.49
Score
Regulated
ZFX
5-10 years
Regulated in United Kingdom
Regulated in Seychelles
Straight Through Processing(STP)
Retail Forex License
MT4 Full License
MT5 Full License
Self-developed
Regional Brokers
7.46
Score
Regulated
Valutrades
10-15 years
Regulated in United Kingdom
Regulated in Seychelles
Market Making(MM)
Retail Forex License
MT4 Full License
MT5 Full License
High potential risk
Offshore Regulated
7.42
Score
Regulated
M4Markets
2-5 years
Regulated in Cyprus
Regulated in Seychelles
Market Making(MM)
Retail Forex License
7.42
Score
Regulated
Tradu
1-2 years
Regulated in United Kingdom
Regulated in Cyprus
Regulated in Seychelles
Market Making(MM)
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
7.38
Score
Regulated
Taurex
5-10 years
Regulated in United Kingdom
Regulated in Seychelles
Market Making(MM)
Retail Forex License
MT4 Full License
White label MT5
Global Business
High potential risk
Offshore Regulated
7.34
Score
Regulated
Windsor Brokers
Above 20 years
Regulated in Cyprus
Regulated in Belize
Regulated in Seychelles
Market Making(MM)
Retail Forex License
MT4 Full License
Global Business
High potential risk
Offshore Regulated
7.11
Score
Regulated
Afterprime
5-10 years
Regulated in Cyprus
Regulated in Seychelles
Straight Through Processing(STP)
Retail Forex License
MT4 Full License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
7.11
Score
Offshore Regulated
Titan FX
5-10 years
Regulated in Mauritius
Regulated in Seychelles
Regulated in Vanuatu
Retail Forex License
MT5 Full License
Medium potential risk
Offshore Regulated
7.07
Score
Regulated
SQUAREDFINANCIAL
10-15 years
Regulated in Cyprus
Regulated in Seychelles
Market Making(MM)
Retail Forex License
MT4 Full License
MT5 Full License
High potential risk
Offshore Regulated
7.06
Score
Domestic Regulation
Doo Prime
5-10 years
Regulated in Seychelles
Regulated in Malaysia
Regulated in United States
Regulated in Vanuatu
Regulated in Australia
Straight Through Processing(STP)
Financial Service
Retail Forex License
Investment Advisory License
MT4 Full License
MT5 Full License
Self-developed
Global Business
High potential risk
Offshore Regulated
7.03
Score
Regulated
CFI Group
10-15 years
Regulated in United Kingdom
Regulated in Cyprus
Regulated in United Arab Emirates
Regulated in Seychelles
Regulated in Lebanon
Regulated in Vanuatu
Straight Through Processing(STP)
Market Making(MM)
Financial Service
Retail Forex License
MT4 Full License
MT5 Full License
Global Business
United Arab Emirates Retail Forex License Revoked
High potential risk
Offshore Regulated
7.02
Score
Regulated
Oqtima
2-5 years
Regulated in Cyprus
Regulated in Seychelles
Straight Through Processing(STP)
Retail Forex License
MT5 Full License
Global Business
Medium potential risk
Offshore Regulated
6.96
Score
Regulated
FXGT.com
5-10 years
Regulated in Cyprus
Regulated in Seychelles
Regulated in South Africa
Regulated in Vanuatu
Market Making(MM)
Financial Service
Retail Forex License
MT4 Full License
MT5 Full License
Global Business
High potential risk
Offshore Regulated
6.74
Score
Regulated
BlackBull
5-10 years
Regulated in Seychelles
Regulated in New Zealand
Market Making(MM)
Retail Forex License
Financial Service Corporate
MT5 Full License
MT4 Full License
Suspicious Overrun
High potential risk
Offshore Regulated
6.57
Score
Regulated
Errante
5-10 years
Regulated in Cyprus
Regulated in Seychelles
Market Making(MM)
Retail Forex License
MT4 Full License
MT5 Full License
High potential risk
Offshore Regulated
6.51
Score
Regulated
Trust Capital
5-10 years
Regulated in Lebanon
Regulated in Seychelles
Retail Forex License
White label MT4
White label MT5
Global Business
Medium potential risk
Offshore Regulated
6.47
Score
Offshore Regulated
Moneta Markets
5-10 years
Regulated in Seychelles
Regulated in South Africa
Retail Forex License
Financial Service Corporate
MT5 Full License
White label MT4
Global Business
Suspicious Overrun
Medium potential risk
Offshore Regulated
6.45
Score
Regulated
Skilling
5-10 years
Regulated in Cyprus
Regulated in Seychelles
Market Making(MM)
Retail Forex License
MT4 Full License
MT5 Full License
cTrader
Self-developed
Global Business
United Kingdom European Authorized Representative (EEA) Unsubscribed
High potential risk
Offshore Regulated
6.44
Score
Regulated
4T
10-15 years
Regulated in United Kingdom
Regulated in Seychelles
Straight Through Processing(STP)
Retail Forex License
MT5 Full License
MT4 Full License
Regional Brokers
High potential risk
Offshore Regulated
6.25
Score
Regulated
Equiti
5-10 years
Regulated in Cyprus
Regulated in Seychelles
Straight Through Processing(STP)
Retail Forex License
MT4 Full License
MT5 Full License
Global Business
High potential risk
Offshore Regulated
6.24
Score
Offshore Regulated
OnEquity
2-5 years
Regulated in Seychelles
Regulated in South Africa
Retail Forex License
Financial Service Corporate
MT4 Full License
MT5 Full License
Global Business
Suspicious Overrun
Medium potential risk
Offshore Regulated
6.20
Score
Regulated
Scope Markets
5-10 years
Regulated in Cyprus
Regulated in Seychelles
Regulated in South Africa
Regulated in Belize
Straight Through Processing(STP)
Retail Forex License
Financial Service Corporate
Common Financial Service License
MT5 Full License
Global Business
Suspicious Overrun
High potential risk
Offshore Regulated
6.13
Score
Regulated
JustMarkets
2-5 years
Regulated in Cyprus
Regulated in Seychelles
Regulated in South Africa
Straight Through Processing(STP)
Retail Forex License
Financial Service Corporate
MT4 Full License
MT5 Full License
Belize Retail Forex License Revoked
Suspicious Overrun
High potential risk
Offshore Regulated
6.05
Score
Offshore Regulated
Magic Compass
5-10 years
Regulated in Seychelles
Retail Forex License
MT4 Full License
MT5 Full License
Self-developed
Regional Brokers
Medium potential risk
Offshore Regulated
5.78
Score
Offshore Regulated
XBTFX
5-10 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
cTrader
Global Business
Medium potential risk
Offshore Regulated
5.74
Score
Offshore Regulated
WisunoFX
5-10 years
Regulated in Seychelles
Retail Forex License
MT4 Full License
MT5 Full License
Global Business
Medium potential risk
Offshore Regulated
5.74
Score
Offshore Regulated
NCE
5-10 years
Regulated in Seychelles
Retail Forex License
MT4 Full License
MT5 Full License
Global Business
Medium potential risk
Offshore Regulated
5.69
Score
Offshore Regulated
Purple Trading
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
5.69
Score
Offshore Regulated
RADEX MARKETS
2-5 years
Regulated in Seychelles
Retail Forex License
White label MT4
White label MT5
Global Business
Medium potential risk
Offshore Regulated
5.66
Score
Offshore Regulated
Trade Quo
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Global Business
Medium potential risk
Offshore Regulated
5.64
Score
Offshore Regulated
RannForex
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Global Business
Medium potential risk
Offshore Regulated
5.61
Score
Offshore Regulated
Supreme FX
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
5.60
Score
Offshore Regulated
ORBI TRADE
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
5.56
Score
Offshore Regulated
FinPros
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Global Business
Medium potential risk
Offshore Regulated
5.56
Score
Offshore Regulated
Rock-West
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Global Business
Medium potential risk
Offshore Regulated
5.52
Score
Offshore Regulated
TenTrade
5-10 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
5.46
Score
Offshore Regulated
Dbinvesting
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
5.44
Score
Offshore Regulated
Thunder Markets
2-5 years
Regulated in Seychelles
Retail Forex License
White label MT4
Regional Brokers
Medium potential risk
Offshore Regulated
5.37
Score
Offshore Regulated
Sanabil Capital
1-2 years
Regulated in Seychelles
Retail Forex License
MT4 Full License
MT5 Full License
Global Business
Medium potential risk
Offshore Regulated
5.36
Score
Offshore Regulated
Connext
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Global Business
Medium potential risk
Offshore Regulated
5.33
Score
Offshore Regulated
Bullwaves
1-2 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
5.33
Score
Offshore Regulated
ATM Capital Ltd
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
5.29
Score
Offshore Regulated
Ven Mar Limited
1-2 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
5.26
Score
Offshore Regulated
PXBT
1-2 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
5.25
Score
Offshore Regulated
Opofinance
2-5 years
Regulated in Seychelles
Regulated in Australia
Retail Forex License
Investment Advisory License
MT4 Full License
MT5 Full License
cTrader
Global Business
Suspicious Overrun
High potential risk
Offshore Regulated
5.24
Score
Offshore Regulated
OW Markets
Within 1 year
Regulated in Seychelles
Retail Forex License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
5.18
Score
Offshore Regulated
GBE
1-2 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Regional Brokers
Medium potential risk
Offshore Regulated
5.12
Score
Offshore Regulated
Axia Investments
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
Medium potential risk
Offshore Regulated
5.11
Score
Regulated
XS
2-5 years
Regulated in Australia
Regulated in Seychelles
Institution Forex License (STP)
Retail Forex License
MT4 Full License
MT5 Full License
Global Business
High potential risk
Offshore Regulated
5.11
Score
Offshore Regulated
YADIX
5-10 years
Regulated in Seychelles
Retail Forex License
White label MT4
Global Business
Medium potential risk
Offshore Regulated
5.10
Score
Offshore Regulated
Investingor
2-5 years
Regulated in Seychelles
Retail Forex License
cTrader
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
5.05
Score
Offshore Regulated
Alpho
5-10 years
Regulated in Seychelles
Retail Forex License
White label MT5
Regional Brokers
Medium potential risk
Offshore Regulated
5.00
Score
Offshore Regulated
Finq
5-10 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
White label MT4
Medium potential risk
Offshore Regulated
4.98
Score
Offshore Regulated
Baazex
5-10 years
Regulated in Seychelles
Retail Forex License
Medium potential risk
Offshore Regulated
4.98
Score
Offshore Regulated
Axion Trade
5-10 years
Regulated in Seychelles
Regulated in Cambodia
Retail Forex License
Common Financial Service License
MT4 Full License
Regional Brokers
Australia Appointed Representative(AR) Revoked
Suspicious Overrun
High potential risk
Offshore Regulated
4.90
Score
Offshore Regulated
SECURCAP
5-10 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.88
Score
Offshore Regulated
ClickTrades
5-10 years
Regulated in Seychelles
Retail Forex License
Medium potential risk
Offshore Regulated
4.88
Score
Regulated
doto
2-5 years
Regulated in Cyprus
Regulated in Seychelles
Straight Through Processing(STP)
Retail Forex License
MT4 Full License
MT5 Full License
High potential risk
Offshore Regulated
4.84
Score
Offshore Regulated
Milton Prime
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.83
Score
Offshore Regulated
TNFX
5-10 years
Regulated in Seychelles
Retail Forex License
MT4 Full License
MT5 Full License
Regional Brokers
High potential risk
Offshore Regulated
4.80
Score
Offshore Regulated
Fivehills
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.80
Score
Offshore Regulated
BDSWISS
5-10 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
MT4 Full License
Global Business
United States Common Financial Service License Unauthorized
Suspicious Overrun
High potential risk
Offshore Regulated
4.77
Score
Offshore Regulated
Excent Capital
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.77
Score
Offshore Regulated
FXCentrum
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.76
Score
Offshore Regulated
Invaxa
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.75
Score
Offshore Regulated
ACG Markets
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.74
Score
Offshore Regulated
BAXIA MARKETS
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Bahamas Retail Forex License Revoked
Medium potential risk
Offshore Regulated
4.73
Score
Offshore Regulated
Axiance
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.71
Score
Offshore Regulated
Brisk Markets
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.70
Score
Offshore Regulated
GOFX
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
White label MT4
Regional Brokers
High potential risk
Offshore Regulated
4.69
Score
Offshore Regulated
AC FOREX
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.65
Score
Offshore Regulated
Modmount
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.64
Score
Offshore Regulated
T4Trade
2-5 years
Regulated in Seychelles
Retail Forex License
White label MT4
Global Business
High potential risk
Offshore Regulated
4.63
Score
Offshore Regulated
Axon Markets
1-2 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.62
Score
Offshore Regulated
Trade View
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.61
Score
Offshore Regulated
ICM
5-10 years
Regulated in Seychelles
Regulated in South Africa
Retail Forex License
Financial Service Corporate
MT4 Full License
MT5 Full License
Suspicious Overrun
High potential risk
Offshore Regulated
4.58
Score
Offshore Regulated
InterMagnum
1-2 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.57
Score
Offshore Regulated
Eliprime
1-2 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.49
Score
Offshore Regulated
SmartTool
2-5 years
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.44
Score
Offshore Regulated
INZO
2-5 years
Regulated in Seychelles
Retail Forex License
MT5 Full License
High potential risk
Offshore Regulated
4.43
Score
Offshore Regulated
VENTEZO
2-5 years
Regulated in Seychelles
Retail Forex License
MT4 Full License
High potential risk
Offshore Regulated
4.41
Score
Offshore Regulated
Seekapa
Within 1 year
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.35
Score
Offshore Regulated
Xlence
Within 1 year
Regulated in Seychelles
Retail Forex License
Suspicious Scope of Business
Medium potential risk
Offshore Regulated
4.27
Score