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.

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!

Do you have a Mauritius forex license for sale?

If you are looking to buy a forex license in Mauritius, we encourage you to visit our Forex Marketplace where we list all licenses currently available for acquisition. Due to the popularity of Mauritius, we almost always have a license available for purchase.

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.

Do I need a physical office for a Mauritius forex license?

Yes. The Mauritius FSC requires that all licensed investment dealers in Mauritius maintain a local office. 

What is the timeline for obtaining a forex broker license in Mauritius?

5 – 6 months is a realistic approval period for a Mauritius forex brokerage license. While other consulting firms quote more aggressive timelines, our estimate comes from experience and the countless successful applications our team has approved over the years.  

What are the main challenges when applying for a forex license in Mauritius?

1. 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.
2. Qualified Directors – The Mauritius FSC requires that appointed directors have the necessary experience to operate a brokerage.
3. 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.

Does the Mauritius FSC provide a database of regulated Investment Dealers?

Yes. If you are looking for a list of FSC regulated licensees, please visit the Mauritius FSC directory for a complete list of regulated forex brokers.

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 does Mauritius compare to Seychelles?

Due to a change in capital requirements in Seychelles, the costs for a forex license in Seychelles are higher than Mauritius. Additional advantages of Mauritius over Seychelles are a faster approval period and better banking options.

What type of taxes are licensed forex brokers in Mauritius subject to?

15% of net profits which are audited annually.

What is a trade license in Mauritius?

A trade license in Mauritius allows a broker to offer securities like stocks, bonds, futures, derivatives, and foreign exchange (forex). Officially classified as an Investment Dealer, the Mauritius Financial Services Commission (FSC) regulates and issues trade licenses in Mauritius. 

How much is a forex license in Mauritius?

A minimum budget of $75,000 is recommended for obtaining and maintaining a forex license in Mauritius. A breakdown of fees include $33,000 in capital, application fees, office rent, local director salary, accounting, compliance plus annual renewal fees.

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?

1. Ensure your corporate structure consists of an experienced director and 2 risk managers
2. Under our team’s guidance, we’ll draft all required KYC and AML policies
3. Submit the application to the Mauritius FSC 
4. Upon license approval, open a physical office in Mauritius with local directors
5. 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.