5 Best Forex Brokers in Mauritius
Last Update: June 26th, 2024
The 5 Best Forex Brokers in Mauritius – Rated and Reviewed. We have listed the Best Forex Brokers accepting Traders in Mauritius.
In this in-depth guide, you will learn:
- The Best Forex Brokers in Mauritius – a List
- Is Forex Trading allowed and legal in Mauritius?
- The Best Forex Brokers for Beginners and Foreigners
- The FSC Mauritius – Mauritius Forex License
and much, MUCH more!
5 Best Forex Brokers in Mauritius – a Comparison
| 🔎 Broker | 🚀Open an Account | 🤝 Accepts Traders in Mauritius | 💶 Min. Deposit (MUR) |
| 🥇 Pepperstone | 👉 Click Here | ✅Yes | 6119,94 |
| 🥈 IC Markets | 👉 Click Here | ✅Yes | 9214,00 |
| 🥉 GO Markets | 👉 Click Here | ✅Yes | 9214,00 |
| 🏅 FXTM | 👉 Click Here | ✅Yes | 460,70 |
| 🎖️ Saxo | 👉 Click Here | ✅Yes | None |
5 Best Forex Brokers in Mauritius (2024)
- ☑️ Pepperstone – Overall, the Best Forex Broker in Mauritius
- ☑️ IC Markets – Best MetaTrader 4 and MetaTrader 5 Forex Broker
- ☑️ GO Markets – Best Forex Broker for Beginners
- ☑️ FXTM – Best Overall User Experience
- ☑️ Saxo – Best Forex Broker for Established Traders
Pepperstone
Pepperstone is a renowned high-end Forex and CFD Broker. Regulations include ASIC, BaFin, CMA, CySEC, DFSA, FCA and SCB. In addition, notable Factors, Features, and Benefits to consider include:
- Standard and Razor Accounts
- Bonus offers and Promotions on Occasion
- Spreads from 0.0 Pis
- Over 70 Currency Pairs
- USD and GBP Base Currencies
- Leverage of up to 1:500
Trading Instruments include Forex, commodities, indices, currency indices, cryptocurrencies, shares, and, ETFs. Pepperstone Supports TradingView, MetaTrader 4, MetaTrader 5, cTrader, and, Capitalise.ai.
| 🔎 Broker | 🥇 Pepperstone |
| 💴 Minimum Deposit | AU$200 |
| 📈 Account Types | Standard Account, Razor Account |
| 💵 Base Currencies | USD, GBP |
| 📉 Spreads | From 0.0 pips EUR/USD on the Razor Account |
| 📊 Leverage | 1:500 (Pro), 1:200 (Retail) |
| 💶 Currency Pairs | 70, minor, major, and exotic pairs |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Fully digital account opening | Mostly CFDs offered |
| Great customer service | Basic Trading Platforms |
Our Insights
The benefits of trading with Pepperstone include friendly and responsive customer support.
IC Markets
IC Markets is a Leading Forex Brokerage with access to affordable trading fees. Regulations include ASIC, CySEC, FSA, and, the SCB. In addition, notable Factors, Features, and Benefits to consider include:
- cTrader, Raw, and, Standard Accounts
- Demo and Islamic, Swap-Free Trading
- 24/7 Customer Support
- 8 Base Currencies including AUD and USD
- Leverage of up to 1:500
- Scalping and Hedging are Offered
- Spreads from 00 Pips
Trading Instruments include Forex, Commodities, Indices, Bonds, Cryptocurrencies, Stocks, and, Futures. IC Markets support MetaTrader 4, MetaTrader 5, cTrader, IC Social, Signal Start, and, ZuluTrade.
| 🔎 Broker | 🥇 IC Markets |
| 💴 Minimum Deposit | 200 USD |
| 💵 Inactivity Fee | None |
| 📌 Regulation and Licenses | ASIC, CySEC, FSA, SCB |
| 5️⃣ Ease of Use Rating | 5/5 |
| 🎁 Bonuses | None |
| ⏰ Support Hours | 24/7 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅Pros | ❌Cons |
| Affordable forex and CFD trading costs | High minimum deposit requirement |
| Comprehensive education and research | No investor protection for non-EU customers |
Our Insights
The benefits of trading with IC Markets include access to Social and Copy Trading across several award-winning platforms.
GO Markets
GO Markets is a reliable and robust forex and CFD broker. Regulations include ASIC, FSA Seychelles, FSC Mauritius, and, CySEC. In addition, notable Factors, Features, and Benefits to consider include:
- 24/5 Customer Support
- Standard, GO+ Plus, and, Demo Accounts
- 9 Base Currencies including AUD and USD
- Spreads from 0.0 Pips
- Leverage of up to 1:500
- Access to over 50 Currency Pairs
- No Inactivity Fee is Charged
Trading Instruments include Forex, shares, indices, metals, commodities, and, cryptocurrencies. GOMarkets supports MetaTrader 4, MetaTrader 5, and, cTrader.
| 🔎 Broker | 🥇 GO Markets |
| 💴 Minimum Deposit | 200 USD |
| 💵 Inactivity Fee | None |
| 📈 Spreads | From 0.0 pips |
| 📉 Leverage | 1:500 |
| 🪙 Currency Pairs | 50+; minor, major, exotic pairs |
| ⏰ Support Hours | 24/5 |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Competitive Spreads | Not FCA Regulated |
Our Insights
Trading with GO Markets offers multiple trusted deposit options, including Skrill, Neteller, and Bank Wire Transfer.
FXTM
FXTM is an established Forex Service Provider with access to Micro Accounts and Dedicated Customer support. In addition, notable Factors, Features, and Benefits to consider include:
- Access to a Referal Bonus
- 24/5 Customer Support
- Micro, Advantage, Advantage Plus Accounts
- Demo Account
- Spreads from 0.0 Pips
- Leverage of up to 1:2000
Trading Instruments include Forex, Forex Indices, Spot Metals, Spot Commodities, Spot Indices, Stock Baskets, and, Crypto CFDs. FXTM supports MetaTrader 4 and MetaTrader 5. In addition, a Proprietary Trading Platform is available.
| 🔎 Broker | 🥇 FXTM |
| 💴 Minimum Deposit | 10 USD |
| 💵 Inactivity Fee | $5 after 6 months of inactivity |
| 🎁 Bonuses | Referral bonus |
| ⏰ Support Hours | 24/5 |
| 🖱️ Trading Platforms | MetaTrader 4, MetaTrader 5, FXTM Trader |
| 📌 Account Types | Micro, Advantage, Advantage Plus |
| 💷 Base Currencies | USD, EUR, GBP, NGN |
| 🚀 Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Micro Account for Beginners | Inactivity Fee |
| Dedicated customer support teams | Fees apply to most withdrawal methods |
Our Insights
The benefits of trading with IC Markets include access to excellent educational resources.
Saxo
Saxo Bank is a leading Forex and CFD broker that offers access to a diverse trading environment suitable for all levels of traders. Regulations include ASIC, CySEC, and FINMA. In addition, notable Factors, Features, and Benefits to consider include:
- 24/5 Customer Support
- Classic, Platinum, and, VIP Account
- 18 Base Currencies
- Spreads from 0.4 Pips
- Leverage of up to 1:30
- Access to over 180 Currencies Pairs
Trading Instruments include Forex, CFDs, stocks, commodities, futures, FX options, listed options, ETFs, bonds, and, mutual funds. Saxo supports SaxoTraderGO and SaxoTraderPRO.
| 🔎 Broker | 🥇 Saxo |
| 📈 Ease of Use | 4/5 |
| 📉 Support Hours | 24/5 |
| 📊 Trading Platforms | SaxoTraderGO, SaxoTraderPRO |
| 💹 Account Types | Classic, Platinum, VIP |
| 💴 Base Currencies | 18 currencies |
| 🅰️ Spreads | From 0.4 pips |
| 🅱️ Leverage | 1:30 |
| 💸 Currency Pairs | 185+ |
| 💳 Minimum Deposit | 0 USD |
| 🚫 Inactivity Fee | None |
| ⚙️ Website Languages | English, Danish, French, etc. |
| 💰 Fees and Commissions | Spreads from 0.4 pips; commissions from $0 on Mutual Funds |
| 🤝 Affiliate Program | ✅Yes |
| ❌ Banned Countries | United States |
| 📈 Scalping | ✅Yes |
| 📉 Hedging | ✅Yes |
| 📊 Trading Instruments | Forex, CFDs, stocks, commodities, futures, FX options, listed options, ETFs, bonds, mutual funds |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Instructional resources | High Fees when Compared |
| Multiple Trading Platforms | Futures and options - complicated cost structures |
Our Insights
Established Traders will benefit from the cutting-edge investment platforms offered.
Is Forex Trading Legal in Mauritius?
Forex Trading is legal and regulated by Mauritius’s Financial Services Commission (FSC).
The Financial Services Commission (FSC) of Mauritius
Mauritius’s Financial Services Commission (FSC) is the regulatory authority responsible for regulating, supervising, and inspecting all financial services besides banking institutions and global business in Mauritius.
In Conclusion
Forex Trading in Mauritius has seen a Notable rise in popularity amongst Young Professionals and Established Traders. Moreover, it is well-regulated by the Financial Services Commission (FSC). In addition, Several international Forex Brokers accept local traders.
| Broker | Review | Regulators | Min Deposit | Website | |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker |
| 🥈 |  | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker |
| 🥉 |  | Read Review | FCA, FSCA, FSC, CMA | USD 10 | Visit Broker |
| 4 |  | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
| 5 |  | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker |
| 6 |  | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker |
| 7 |  | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker |
| 8 |  | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker |
| 9 |  | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker |
| 10 |  | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Our Insights
While reviewing the Best Forex Brokers that accept Mauritian Traders, we found 5 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
You might also like:
Forex Trading is legal and regulated by Mauritius’s Financial Services Commission (FSC).
Mauritius’s Financial Services Commission (FSC).
The Mauritian Rupee.
Regulations include ASIC, BaFin, and, CMA.
IC Markets was established in 2007.
GO Markets offers leverage of up to 1:500.
FXTM charges a 5 USD Fee after 6 Months of Inactivity.
Saxo supports 18 Base Currencies.
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