Mauritius Forex Brokers
Mauritius is a popular financial offshore zone attracting various firms that for the reason or another decided to escape from the serious regulation or compliance to international service providing.
Forex regulation in Mauritius
Forex brokers in Mauritius are regulated by the Financial Services Commission (FSC). It is a regulatory authority responsible for the regulation, supervision, and inspection of all financial services other than banking institutions and global business in Mauritius. However, the requirements brokers should meet in order to get a license are looser than with other reputable regulators. For example, the capital requirements for acquiring Mauritius Forex license are around $25,000, which is clearly not a big amount to pay. This means brokers who don’t want to pay or don’t have higher capital will look for an offshore license.
Loose regulations and minimal requirements open the door to the dishonest brokers. In the case of the financial investment or trading firms, the company should be a very respected entity, as the statistics show that the majority of non-authorized firms never recovered the sums of investors investments.
Therefore, there are some things to consider before investing with a Mauritius-licensed broker. Even though Mauritius brokers are regulated (offshore), traders should avoid the ones that only hold this type of regulation. A lot of respected brokers regulated with FCA or CySEC offer additionally offshore license to reach more traders.
🛡️Is It safe to trade | No |
🔒Negative Balance Protection | No |
💰Compensation Scheme | No |
Best Forex Brokers in Mauritius
Here’s our list of Brokers in Mauritius consists of the Regulated brokers only, which are advised and safe to invest with, also defined according to the specified criteria and its Trust Scores.
- BDSwiss– Best Overall Broker in Mauritius 2023
- Pepperstone – Lowest Spread Broker in Mauritius 2023
- BlackBull Markets – Best MT4 Broker in Mauritius 2023
- FP Markets – Best Broker for Beginners in Mauritius 2023
- HFM – Best for Scalping and EA Trading 2023
Is Mauritius broker safe?
Since mauritius is offshore zone we do not reccomend solely mauritius brokers as safe once, in case trader prefers trading with international entity it is better to choose broker with additional liceses like FCA or ASIC and open account under Mauritius entity.
Mauritius Forex Brokers List
These are the regulated brokers that accept clients from Mauritius:
Broker | Detail | |
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Min. Deposit: 5 US$ Max. Leverage: 1:30 | 1:1000 Trading Platforms: MT4, MT5, HFM Trading App Regulation: CySEC, FCA, DFSA, FSCA, FSA, CMA |
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Min. Deposit: 0 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5 Regulation: FMA, FSA |
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Min. Deposit: 100 US$ Max. Leverage: 1:30 Trading Platforms: IRESS, MT4, MT5, cTrader Regulation: ASIC, CySEC, St. Vincent and the Grenadines, FSP |
3
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Min. Deposit: 200 US$ Max. Leverage: 1:30 to 1:400 Trading Platforms: MT4, MT5, cTrader, TradingView Regulation: ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN |
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Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, BDSwiss Webtrader and App Regulation: FSC, FSA |
5
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Min. Deposit: $100 Max. Leverage: 1:200 Trading Platforms: MT4, MT5 Regulation: FSC |
FXChoice Review |
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Min. Deposit: 1 USD Max. Leverage: 1:3000 Trading Platforms: MT4, MT5, FBS trader Regulation: CySEC, FSC, FSCA, ASIC |
FBS Review |
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Min. Deposit: 100 US$ Max. Leverage: 1:500 Trading Platforms: MT4, MT5, TradingView Regulation: ASIC, SCB |
Eightcap Review |
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Min. Deposit: US$100 Max. Leverage: 1:500 Trading Platforms: MT4 Regulation: MFSC |
Orbex Review |
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Min. Deposit: No minimum deposit Max. Leverage: 1:30 | 1:500 Trading Platforms: MT4 Regulation: CySEC, SVG FSA |
FXCC Review |