How do I know if a broker is regulated by the Mauritius FSC?

Mauritius as an offshore country, its financial development is very developed. However, Mauritius has no exchange controls and is very open to capital flowing in and out freely.

The Mauritius Financial Services Commission (" FSC Mauritius ") was established in 2001 as an integrated regulator of the non-bank financial services sector and global operations.

The FSC's terms of reference include the supervision and review of financial services companies such as securities and insurance, and the promotion of fair and efficient non-bank financial institutions and transparency in capital markets, thereby further providing protection to investors.

Below, we will explain in detail the steps of FSC regulatory information inquiry in Mauritius:

1. Find the name of the Forex broker, which you can obtain from the broker's website;

2. Enter a name in https://www.fscmauritius.org/en/supervision/register-of-licensees-search-by-name search bar;

3. You will get the broker's content on the Mauritius FSC website. At this point you will check whether the broker holds an 'investment dealer (including underwriting full-service dealers)', 'investment dealer (broker)' or 'investment dealer (excluding underwriting full-service dealers)' licence;

4. If you have completed all the above steps, do not forget to check the most important information: check that the company details published on the Mauritius FSC website match the information of the company you will be trading with, especially the website and emails.

If not, stay away from the broker, as it may be an unauthorized company and your funds will be in danger.