The Financial Services Commission, Mauritius (also known as “FSC Mauritius”) was founded in 2001 and serves as both a national and international industry regulator.
Numerous forex brokers are drawn to FSC Mauritius because the licence is more affordable compared to other European forex licences. Higher leverage can be offered to clients with smaller deposits thanks to FSC Mauritius.
The safety of the clients’ money is not entirely guaranteed, so please keep in mind that an FSC licence does not guarantee segregated accounts. When dealing with a forex broker regulated by the FSC Mauritius, forex traders must use due diligence.