English
The Financial Services Commission, Mauritius (the 'FSC') is the integrated regulator for the non-bank financial services sector and global business. Established in 2001, the FSC is mandated under the Financial Services Act 2007 and has as enabling legislations the Securities Act 2005, the Insurance Act 2005 and the Private Pension Schemes Act 2012 to license, regulate, monitor and supervise the conduct of business activities in these sectors.
FSC
Regulated
10-15 years
Regulated in Australia
Regulated in United Kingdom
Regulated in New Zealand
Regulated in South Africa
Regulated in Seychelles
Market Making License (MM)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
9.24
Score
Regulated
15-20 years
Regulated in United Kingdom
Regulated in Australia
Regulated in United Arab Emirates
Regulated in Vanuatu
Market Making License (MM)
Forex Execution License (STP)
Derivatives Trading License (EP)
Forex Trading License (EP)
MT4 Full License
MT5 Full License
cTrader
Self-developed
9.23
Score
Regulated
10-15 years
Regulated in Australia
Regulated in Hong Kong
Regulated in United Kingdom
Regulated in Cyprus
Regulated in Cambodia
Regulated in South Africa
Regulated in Seychelles
Market Making License (MM)
Inst Market Making (MM)
Forex Execution License (STP)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
Regional Brokers
9.21
Score
Regulated
8.68
Score
Regulated
8.61
Score
Regulated
8.59
Score
Regulated
8.56
Score
Regulated
8.54
Score
Regulated
8.41
Score
Regulated
8.17
Score
Regulated
8.14
Score
Regulated
8.13
Score
Regulated
8.09
Score
Regulated
7.94
Score
Regulated
5-10 years
Regulated in United Kingdom
Regulated in South Africa
Regulated in Seychelles
Forex Execution License (STP)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
Regional Brokers
High Potential Risk
Offshore Regulation
7.94
Score
Regulated
7.76
Score
Regulated
7.75
Score
Regulated
7.74
Score
Regulated
7.64
Score
Regulated
7.55
Score
Regulated
5-10 years
Regulated in Malaysia
Regulated in Cyprus
Regulated in South Africa
Regulated in United Arab Emirates
Regulated in Seychelles
Market Making License (MM)
Forex Trading License (EP)
Derivatives Trading License (MM)
Derivatives Trading License (EP)
cTrader
Self-developed
Regional Brokers
High Potential Risk
Offshore Regulation
7.54
Score
Regulated
7.51
Score
Regulated
7.49
Score
Regulated
10-15 years
Regulated in Cyprus
Regulated in United Arab Emirates
Regulated in Malta
Regulated in Seychelles
Regulated in Vanuatu
Regulated in Japan
Regulated in Australia
General Financial Services License (GF)
Derivatives Trading License (EP)
Forex Trading License (EP)
Forex Execution License (STP)
Authorized Representative (AR)
cTrader
Suspicious Operational Region
Malta Inst Market Making (MM) Revoked
United Kingdom Forex Execution License (STP) Revoked
Belarus Forex Trading License (EP) Revoked
Seychelles Derivatives Trading License (EP) Expired
Medium Risk
Offshore Regulation
7.48
Score
Regulated
5-10 years
Regulated in South Africa
Regulated in Cyprus
Regulated in Seychelles
Forex Trading License (EP)
Forex Execution License (STP)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
High Potential Risk
Offshore Regulation
7.44
Score
Regulated
7.32
Score
Regulated
7.31
Score
Regulated
10-15 years
Regulated in Cyprus
Regulated in United Kingdom
Regulated in United Arab Emirates
Regulated in South Africa
Regulated in Seychelles
Regulated in Vanuatu
Regulated in Azerbaijan
Regulated in Jordan
Market Making License (MM)
Forex Execution License (STP)
Derivatives Trading License (EP)
Forex Trading License (EP)
Derivatives Trading License (MM)
Forex Trading License (AGN)
MT5 Full License
Regional Brokers
United Arab Emirates Derivatives Trading License (MM) Revoked
High Potential Risk
Offshore Regulation
7.23
Score
Regulated
7.23
Score
Regulated
5-10 years
Regulated in Seychelles
Regulated in Mauritius
Regulated in Vanuatu
Derivatives Trading License (EP)
Securities Trading License (EP)
Forex Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
Global Business
Offshore Regulation
7.19
Score
Regulated
7.16
Score
Regulated
7.14
Score
Regulated
5-10 years
Regulated in Australia
Regulated in South Africa
Inst Forex Execution (STP)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Global Business
7.13
Score
Regulated
6.89
Score
Domestic Regulation
1-2 years
Regulated in United States
Regulated in South Africa
Regulated in Australia
Forex Trading License (EP)
Derivatives Trading License (EP)
Authorized Representative (AR)
Suspicious Operational Region
Medium Risk
6.88
Score
Regulated
6.87
Score
Regulated
6.82
Score
Regulated
6.81
Score
Regulated
6.78
Score
Regulated
6.70
Score
Regulated
10-15 years
Regulated in Malta
Regulated in South Africa
Regulated in The Virgin Islands
Forex Trading License (EP)
Market Making License (MM)
MT4 Full License
MT5 Full License
Self-developed
Australia Market Making License (MM) Revoked
High Potential Risk
Offshore Regulation
6.66
Score
Regulated
6.61
Score
Regulated
6.60
Score
Regulated
6.60
Score
Regulated
6.59
Score
Regulated
6.55
Score
Regulated
5-10 years
Regulated in Australia
Regulated in United Kingdom
Regulated in South Africa
Regulated in Cayman Islands
Forex Execution License (STP)
Inst Forex Execution (STP)
Forex Trading License (EP)
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
Self-developed
Global Business
High Potential Risk
Offshore Regulation
6.53
Score
Regulated
6.45
Score
Regulated
6.43
Score
Regulated
1-2 years
Regulated in Australia
Regulated in South Africa
Inst Forex Execution (STP)
Derivatives Trading License (EP)
MT5 Full License
Regional Brokers
6.42
Score
Regulated
1-2 years
Regulated in United Arab Emirates
Regulated in Mauritius
Forex Trading License (EP)
Securities Trading License (EP)
MT5 Full License
Regional Brokers
Offshore Regulation
6.27
Score
Regulated
6.23
Score
Regulated
6.23
Score
Regulated
6.22
Score
Regulated
6.19
Score
Regulated
6.18
Score
Regulated
6.16
Score
Regulated
1-2 years
Regulated in Australia
Forex Execution License (STP)
MT5 Full License
White label MT4
Self-developed
Global Business
6.15
Score
Regulated
15-20 years
Regulated in South Africa
Regulated in Mauritius
Regulated in Kenya
Derivatives Trading License (EP)
Securities Trading License (EP)
Forex Execution License (STP)
MT4 Full License
MT5 Full License
Self-developed
Global Business
High Potential Risk
Offshore Regulation
6.11
Score
Regulated
6.11
Score
Regulated
2-5 years
Regulated in South Africa
Regulated in Australia
Derivatives Trading License (EP)
Inst Securities Trading License (STP)
MT5 Full License
Regional Brokers
6.10
Score
Regulated
1-2 years
Regulated in Mauritius
Securities Trading License (EP)
MT4 Full License
MT5 Full License
Global Business
Offshore Regulation
6.04
Score
Regulated
2-5 years
Regulated in Mauritius
Securities Trading License (EP)
MT5 Full License
Self-developed
Global Business
Offshore Regulation
6.03
Score
Regulated
5.96
Score
Regulated
5.95
Score
Regulated
2-5 years
Regulated in Mauritius
Securities Trading License (EP)
MT5 Full License
Regional Brokers
Offshore Regulation
5.92
Score
Regulated
5.89
Score
Regulated
1-2 years
Regulated in Mauritius
Securities Trading License (EP)
MT5 Full License
Regional Brokers
Medium Risk
Offshore Regulation
5.87
Score
Regulated
1-2 years
Regulated in Mauritius
Securities Trading License (EP)
MT5 Full License
Regional Brokers
Offshore Regulation
5.86
Score
Regulated
5.85
Score
Regulated
5.82
Score
Regulated
5.79
Score
Regulated
5.76
Score
Regulated
5.75
Score
Regulated
5.73
Score
Regulated
Within 1 year
Regulated in Australia
Market Making License (MM)
MT4 Full License
MT5 Full License
Regional Brokers
5.69
Score
Regulated
10-15 years
Regulated in Cambodia
Regulated in Bahamas
Derivatives Trading License (EP)
Derivatives Trading License (MM)
MT4 Full License
MT5 Full License
Self-developed
Global Business
High Potential Risk
Offshore Regulation
5.48
Score
Regulated
5.47
Score
Regulated
5.46
Score
Regulated
5.20
Score
Regulated
5.20
Score
Regulated
5.20
Score
Regulated
5.16
Score
Regulated
5.12
Score
Regulated
5.10
Score
Offshore Regulation
1-2 years
Regulated in Mauritius
Securities Trading License (EP)
Self-developed
Suspicious Operational Region
Offshore Regulation
5.06
Score
Regulated
1-2 years
Regulated in Mauritius
Securities Trading License (EP)
MT5 Full License
Regional Brokers
Offshore Regulation
4.96
Score
Regulated
4.93
Score
Regulated
1-2 years
Regulated in Cyprus
Market Making License (MM)
Suspicious Operational Region
Medium Risk
4.83
Score
Regulated
2-5 years
Regulated in South Africa
Derivatives Trading License (EP)
MT5 Full License
Regional Brokers
4.82
Score
Regulated
1-2 years
Regulated in Mauritius
Securities Trading License (EP)
MT5 Full License
Regional Brokers
Offshore Regulation
4.78
Score
Regulated
1-2 years
Regulated in Mauritius
Securities Trading License (EP)
MT5 Full License
Self-developed
Regional Brokers
Offshore Regulation
4.76
Score
Regulated
1-2 years
Regulated in Mauritius
Securities Trading License (EP)
MT5 Full License
Regional Brokers
Offshore Regulation
4.75
Score
Regulated
Within 1 year
Regulated in South Africa
Derivatives Trading License (EP)
MT4 Full License
MT5 Full License
4.71
Score
Regulated
Within 1 year
Regulated in Mauritius
Securities Trading License (EP)
White label MT5
Regional Brokers
Offshore Regulation
4.61
Score
Regulated
4.47
Score
Regulated
4.47
Score
Regulated
1-2 years
Regulated in South Africa
Derivatives Trading License (EP)
MT5 Full License
High Potential Risk
4.46
Score
Regulated
4.40
Score