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 tradeNo
🔒Negative Balance ProtectionNo
💰Compensation SchemeNo

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
avatrade review AvaTrade
Min. Deposit: $100
Max. Leverage: 1:30 | 1:400
Trading Platforms: MT4, MT5, WebTrader, AvatradeGO, AvaOptions, DupliTrade, ZuluTrade, AvaSocial,
Regulation: Bank of Ireland, ASIC, JFSA, FSCA, CySEC, BVI FSC, FRSA, ISA
AvaTrade Review
Min. Deposit: $5
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT5, WebTrader, MT4
Regulation: FSCA, FSA, VFSC Review
JustMarkets Review Logo JustMarkets
Min. Deposit: $1
Max. Leverage: 1:30 | 1:3000
Trading Platforms: MT4, MT5
Regulation: FSCA, CySEC, FSA, FSC
JustMarkets Review
Exness Review Exness
Min. Deposit: 10 US$
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: SFSA, CBCS, FSC, FSCA
Exness Review
XM Broker Logo XM
Min. Deposit: US$5
Max. Leverage: 1:30 to 1:888
Trading Platforms: MT4, MT5, XM WebTrader
Regulation: CySEC, ASIC, FSC, DFSA, FCA
XM Review
Instaforex Review InstaForex
Min. Deposit: 0 $
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5, WebTrader, MobileTrader
Regulation: CySEC, FSC BVI, FSC
InstaForex Review
Min. Deposit: $100
Max. Leverage: 1:30 | 1:300
Trading Platforms: CAPEX WebTrader, MT5
CAPEX Review
EC Markets Review Logo EC Markets
Min. Deposit: $10
Max. Leverage: 1:30 | 1:500
Trading Platforms: MT4
Regulation: FCA, FSA, FSC
EC Markets Review
Moneta Markets Review Logo Moneta Markets
Min. Deposit: $50
Max. Leverage: 1:33 | 1:1000
Trading Platforms: MT4, MT5, Pro Trader, WebTrader
Regulation: FSCA, FSA, SVGFSA
Moneta Markets Review
VPFX Review Logo VPFX
Min. Deposit: $100
Max. Leverage: 1:30 | 1:1000
Trading Platforms: MT4, MT5
Regulation: ASIC, Labuan FSA, DED, SVGFSA
VPFX Review