FSC (MU) regulated forex brokers
Financial Services Commission, Mauritius · 🇲🇺 Mauritius
The Financial Services Commission, Mauritius (FSC (MU)) is the financial regulator for Mauritius, established in 2001. ForexLicenses.com classifies it as tier 3 (moderate regulation). We currently match 24 brokers in our database to an FSC (MU) licence.
Mauritius is an established international financial centre and many brokers use an FSC Investment Dealer (Full Service Dealer excluding Underwriting) licence for their global business. The regime is more substantive than most offshore jurisdictions — there are capital requirements and local substance rules — but it lacks compensation schemes and leverage caps.
Key rules for retail clients
- Tier
- Tier 3 — Moderate regulation
- Compensation
- No compensation scheme
- Leverage
- No statutory cap
- Negative balance protection
- Not a regulatory requirement
- Client money
- Client money segregation required for Investment Dealers
- Complaints
- Office of the Ombudsperson for Financial Services
Brokers licensed by the FSC (MU) 24
Frequently asked questions
How do I check if a broker is FSC (MU) regulated?
Search the firm's name or licence number on the FSC (MU) official register (https://www.fscmauritius.org/en/supervision/register-of-licensees), confirm the status is current and that the website domain you're using is listed, then check the FSC (MU) warning list for clones.
Does the FSC (MU) offer investor compensation?
No compensation scheme
What leverage do FSC (MU)-regulated brokers offer?
No statutory cap
Is negative balance protection required by the FSC (MU)?
It is not a regulatory requirement under the FSC (MU), though some brokers offer it contractually.