Mauritius Forex License | Apply For A Mauritius Securities Dealer License
With leverage restrictions on the rise throughout Europe and major regulatory changes underway in Australia, both established and new forex brokers alike are drawing their attention to Mauritius. Greater flexibility in leverage, competitive capital requirements, and tax optimization are just a few reasons Mauritius has grown in popularity over the past few years. If your forex broker is interested in applying for a license in Mauritius, Atomiq Consulting has the necessary experience and industry knowledge to help you along each step of the process.
How To Get A Forex License In Mauritius? – A Step By Step Overview
- To begin the application process, our team will need to collect basic documentation related to your business and directors.
- Upon receiving all documents, the first step is selecting an entity name and proceeding to incorporate a GBL1 company in Mauritius.
- Upon successful company registration, we’ll then proceed with the license application.
- During the application process we’ll communicate with your brokerage about all updates and promptly discuss any additional clarifications or documents that may be required by the Mauritius FSC.
- After the license has been approved, we’ll then proceed with establishing a bank account.
Mauritius Forex Broker Registration – Key Facts
- Capital requirements are set at 1,000,000 MUR (roughly $30,000)
- A local office in Mauritius is required
- No restrictions on leverage, PAMM/MAM accounts, or IBs
- Estimated time to receive license approval ranges from 6 – 8 months
- Financial transactions in Mauritius are conducted in the local currency of Mauritius, which is the Mauritian Rupee (MUR)
How To Apply For A Forex License In Mauritius? – Check Out Our YouTube Channel!
Atomiq Consulting – Your Mauritius FX Broker Licensing Partner
Founded in 2014, Atomiq Consulting has been an industry leader in the offshore forex & CFD licensing space. Under the leadership of group CEO Jonathan Baumgart, Atomiq Consulting boasts a positive track record of successful license applications going back a decade. We have a nearly flawless track record of successful license approvals in Mauritius. Furthermore, we put our money where our mouth is and are happy to share references from our vast network of brokers.
Deciding on a trustworthy consulting firm can be challenging. Our level of transparency is bar none as we have dozens of content on our YouTube channel. Our group CEO, Jonathan Baumgart, has been featured in a variety of industry publications and is active on LinkedIn. Unlike firms that hide behind stock images, Atomiq Consulting is fully transparent making our firm the ideal partner for obtaining your license in Mauritius.
How Much Does A Mauritius Forex License Cost? – Contact Us Today for a Free Price Quote!
To learn more about the process of applying for an FX license in Mauritius, discuss ongoing costs for the region, or to ask any other questions, don’t hesitate to contact us today!
Mauritius Forex Broker License FAQ
Are there any licensed Mauritius brokers currently for sale?
In addition to license consultation, we can also assist you in acquiring an existing offshore licensed broker. Because our offers vary based on availability in the market, it is best to contact us directly to discuss our current offers.
How many directors are required to obtain a Mauritius financial services license?
A minimum of 2 directors are needed.
Which regulatory body oversees forex activities in Mauritius?
The Mauritius FSC (Financial Services Commission) regulates all financial activity related to forex & CFD trading in Mauritius.
Is Atomiq Consulting also able to assist with obtaining a bank account?
Yes, as part of our consultation services, we will also assist your newly licensed brokerage with obtaining a bank account in Mauritius.
What type of taxes are licensed forex brokers in Mauritius subject to?
15% of net profits which are audited annually.
What are the main challenges when applying for a forex license in Mauritius?
- Capital – Brokers should have enough capital to cover the required 1,000,000 MUR in paid up capital (around $33,000 USD). A local office plus directors are required plus government fees. We estimate a budget of around $75,000 is required to operate this license.
- Qualified Directors – The Mauritius FSC requires that appointed directors have the necessary experience to operate a brokerage.
- Business Plan and Corporate Strategy – A broker should have a clear strategy in place before applying for a forex license in Mauritius. The Mauritius FSC will need to see a comprehensive business plan with specific goals and milestones in order to approve the license.
Is forex trading legal in Mauritius?
Yes. The Mauritius Financial Services Commission (FSC) offers an established regulatory framework for derivatives products such as forex and CFDs. This authority extends beyond derivatives, covering other financial instruments such as stocks and bonds.
How long does it take to get a Mauritius Securities Dealer License?
5 – 7 months is a reasonable estimate. Each application is unique so one must consider factors such as the structure of the company submitting the application, the speed that documents are presented and how quickly the applicant responds to the regulator.
How to get a Mauritius forex license?
- Ensure your corporate structure consists of an experienced director and 2 risk managers
- Under our team’s guidance, we’ll draft all required KYC and AML policies
- Submit the application to the Mauritius FSC
- Upon license approval, open a physical office in Mauritius with local directors
- Establish a local bank account in order to meet local paid up capital requirements
What offshore forex licensing jurisdictions are similar to Mauritius?
Brokers considering offshore licensing options may also be interested in applying for a license in Seychelles. In addition, a license in Vanuatu should be another consideration.
How does Mauritius compare to Seychelles?
Due to a change in capital requirements in Seychelles, Mauritius is now more cost effective. Additional advantages of Mauritius over Seychelles are a faster approval period and better banking options.
Is it possible to see a list of brokers that are currently regulated by the Mauritius FSC?
Yes, a complete directory of registered licensees can be found on the Mauritius FSC website.
Is a Mauritius forex license legitimate?
Absolutely. Mauritius is recognized globally as a fintech hub. Outside of the FX industry, Mauritius is an established jurisdiction for online payment services and offshore company formations.
What are the benefits of a forex license in Mauritius?
Marketing making permissions, no restrictions on leverage, and strong local banking are the major benefits of a Mauritius FSC license.

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