FSA (Seychelles) regulated forex brokers
Financial Services Authority Seychelles · 🇸🇨 Seychelles
The Financial Services Authority Seychelles (FSA (Seychelles)) is the financial regulator for Seychelles, established in 2013. ForexLicenses.com classifies it as tier 4 (light / offshore). We currently match 62 brokers in our database to an FSA (Seychelles) licence.
The Seychelles FSA issues Securities Dealer licences that are now the most common licence for the international (non-EU, non-Australian) entities of retail brokers. Capital requirements are modest compared with onshore regulators and there is no compensation scheme or leverage cap. A Seychelles licence is better than no licence, but if your account sits in a Seychelles entity your protections are much weaker than those of the same brand's UK, EU or Australian clients.
Key rules for retail clients
- Tier
- Tier 4 — Light / offshore
- Compensation
- No compensation scheme
- Leverage
- No statutory cap
- Negative balance protection
- Not a regulatory requirement
- Client money
- Securities Dealer licence conditions
- Complaints
- FSA Seychelles
Brokers licensed by the FSA (Seychelles) 62
Frequently asked questions
How do I check if a broker is FSA (Seychelles) regulated?
Search the firm's name or licence number on the FSA (Seychelles) official register (https://fsaseychelles.sc/regulated-entities), confirm the status is current and that the website domain you're using is listed, then check the FSA (Seychelles) warning list for clones.
Does the FSA (Seychelles) offer investor compensation?
No compensation scheme
What leverage do FSA (Seychelles)-regulated brokers offer?
No statutory cap
Is negative balance protection required by the FSA (Seychelles)?
It is not a regulatory requirement under the FSA (Seychelles), though some brokers offer it contractually.