All forex brokers in Mauritius are regulated by the country’s Financial Services Commission (FSC), which is the government’s regulator for the non-banking financial sector. This regulator generally takes a more relaxed approach to forex broker regulations than its European and American counterparts, with high trading leverage being the norm among forex brokers there.
Although Mauritius is by no means one of the main financial services centers in the world, the country is still home to a few forex brokers on our list. For most of the brokers, Mauritius is just one of several countries where they have registered local branches. Which branch a trader gets to trade with usually depends on the trader’s country of residence and the specific policies of each broker.