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Best FSC Mauritius Regulated Forex Brokers 2026

Last updated October 9, 2026

Compare the top forex brokers regulated by the Financial Services Commission, Mauritius (Mauritius). Verified licenses and deep liquidity.

How We Ranked

Rankings blend trust, pricing, and platform quality. Risk warning: CFDs carry high risk.

Regulated brokersLow spreadsFast withdrawals
BrokerAnalysis Research Desk

Written by

BrokerAnalysis Research Desk

BrokerAnalysis Editorial Team

Fact Checked by

BrokerAnalysis Editorial Team

Top Shortlist for Global

#1
Moneta Markets
Moneta Markets
Review
#2
PU Prime
PU Prime
Review
#3
VT Markets
VT Markets
Review
Full Comparison
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Last reviewed:
•
By:BrokerAnalysis Research Desk
•
Fact-checked by:BrokerAnalysis Editorial Team
Last verified: Oct 2026

Our 2 top picks for FSC Mauritius Regulated

We stand behind these two. Everything below is a fuller comparison and lower-weight alternatives.

#1 · Best for FSC Mauritius Regulated
Moneta Markets

Moneta Markets

Min. deposit $50
  • FCA and ASIC regulated
  • ECN spreads from 0.0 pips
  • Native CopyTrader + DupliTrade copy trading
FCA (UK), ASIC (Australia), FSCA (South Africa)
#2 · Best alternative
PU Prime

PU Prime

Min. deposit $20
  • $20 Cent and $50 Standard accounts
  • FSCA-authorised entity for South Africa
  • 24/7 gold trading (XAUUSD247)
FSCA (South Africa), FSC (Mauritius), FSA (Seychelles)

Why these two

Both brokers are shortlisted specifically for FSC Mauritius Regulated, are regulated, and accept clients for this use case — we gate on regulation and safety first, then rotate the headline across the brokers that genuinely qualify so the same two names don't lead every page. Everything below is the fuller comparison.

CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. Trade only what you can afford to lose.

What is the FSC Mauritius (Financial Services Commission, Mauritius)?

Financial Services Commission, Mauritius is the financial regulatory body in Mauritius. We classify it as a Tier 3 regulator: it is an offshore licence with limited client protection and limited recourse if a dispute arises, so treat it as higher risk.

Why Choose FSC Mauritius Regulated Brokers?

The FSC is the integrated regulator for non-bank financial services and global business in Mauritius. Our current ranking starts with Moneta Markets where it is available, followed by PU Prime, VT Markets, and Hantec Markets. Compare regulation, fees, platforms, account terms, and local funding fit before opening an account.

Trading Conditions

8 brokers · how we rank

Compare deposits, leverage, and spreads across these regulated brokers.

BrokerWithdrawalFoundedLicense TierRegulation & fundingAction
0.0 pips (ECN)$501-2 business days2020Tier 2
No tier-1 licence listed
PU Prime3.5/5.0
1.3 pips (Standard) | 0.0 pips + commission (Prime/ECN)$201-3 business days2015Tier 3
No tier-1 licence listed
VT Markets4.8/5.0
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)$501-2 business days2015Tier 3
No tier-1 licence listed
0.0 pips (Raw ECN) | 1.2 pips (Standard)$101-2 business days1990Tier 2
No tier-1 licence listed
FXTM4.4/5.0
0.0 pips (ECN) | 1.5 pips (Standard)$1024 hours2011Tier 3
No tier-1 licence listed
TMGM4.4/5.0
0.0 pips (Edge) | 1.0 pips (Classic)$1001-2 business days2013Tier 3
No tier-1 licence listed
0.0 pips (ECN) | 1.8 pips (Classic)$10 (Cent) / $50 (Classic/ECN)1-2 business days2005Tier 3
No tier-1 licence listed
GO Markets4.5/5.0
0.0 pips (GO Plus+) | 1.1 pips (Standard)$01-2 business days2006Tier 2
No tier-1 licence listed
Rank 01 · best overall
Moneta Markets4.1/5.0
Spread
0.0 pips (ECN)
Min dep.
$50
Withdrawal
1-2 business days
Founded
2020
License Tier
Tier 2
Visit Moneta Markets Read review
Rank 02
PU Prime3.5/5.0
Spread
1.3 pips (Standard) | 0.0 pips + commission (Prime/ECN)
Min dep.
$20
Withdrawal
1-3 business days
Founded
2015
License Tier
Tier 3
Visit PU Prime Read review
Rank 03
VT Markets4.8/5.0
Spread
0.0 pips (Raw ECN) | 1.2 pips (Standard STP)
Min dep.
$50
Withdrawal
1-2 business days
Founded
2015
License Tier
Tier 3
Visit VT Markets Read review
Rank 04
Hantec Markets4.4/5.0
Spread
0.0 pips (Raw ECN) | 1.2 pips (Standard)
Min dep.
$10
Withdrawal
1-2 business days
Founded
1990
License Tier
Tier 2
Visit Hantec Markets Read review
Rank 05
FXTM4.4/5.0
Spread
0.0 pips (ECN) | 1.5 pips (Standard)
Min dep.
$10
Withdrawal
24 hours
Founded
2011
License Tier
Tier 3
Visit FXTM Read review
Rank 06
TMGM4.4/5.0
Spread
0.0 pips (Edge) | 1.0 pips (Classic)
Min dep.
$100
Withdrawal
1-2 business days
Founded
2013
License Tier
Tier 3
Visit TMGM Read review
Rank 07
LiteFinance4/5.0
Spread
0.0 pips (ECN) | 1.8 pips (Classic)
Min dep.
$10 (Cent) / $50 (Classic/ECN)
Withdrawal
1-2 business days
Founded
2005
License Tier
Tier 3
Visit LiteFinance Read review
Rank 08
GO Markets4.5/5.0
Spread
0.0 pips (GO Plus+) | 1.1 pips (Standard)
Min dep.
$0
Withdrawal
1-2 business days
Founded
2006
License Tier
Tier 2
Visit GO Markets Read review

We earn a commission when you open an account through the buttons above. It does not change the ranking — our methodology. High risk: 68–80% of retail CFD accounts lose money.

In-Depth Broker Analysis

Our research team continuously monitors over 100 parameters per broker. Below is a detailed breakdown of our top-rated platforms, including their distinct advantages, ideal user profiles, and potential drawbacks.

Moneta Markets logo
Our Rating
4.1/5.0
Best ForECN traders & copy-trading followers across Asia-Pacific
Min Deposit$50

Moneta Markets Review Summary

Founded in 2020 and headquartered in Melbourne, Australia, Moneta Markets is a broker offering 45+ forex pairs. It holds a FSC Mauritius licence (an offshore or lighter-touch regime, so check which entity holds your account).

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
PU Prime logo
Our Rating
3.5/5.0
Best ForSmall-balance traders in South Africa and Latin America; 24/7 gold traders
Min Deposit$20

PU Prime Review Summary

Founded in 2015 and headquartered in Ebene, Mauritius, PU Prime is a broker offering 50+ forex pairs. It holds a FSC Mauritius licence (an offshore or lighter-touch regime, so check which entity holds your account).

Pros
  • Regulation varies by entity
  • Minimum deposit: $20
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Low — compare account types before opening
VT Markets logo
Our Rating
4.8/5.0
Best Fortraders who want free signals, 100% deposit bonus, copy trading support, and Raw ECN pricing
Min Deposit$50

VT Markets Review Summary

Founded in 2015 and headquartered in Sydney, Australia, VT Markets is a broker offering 40+ forex pairs. It holds a FSC Mauritius licence (an offshore or lighter-touch regime, so check which entity holds your account).

Pros
  • Regulation varies by entity
  • Minimum deposit: $50
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
Hantec Markets logo
Our Rating
4.4/5.0
Best ForExperienced traders, institutional clients & multi-asset investors
Min Deposit$10

Hantec Markets Review Summary

Founded in 1990 and headquartered in London, UK, Hantec Markets is a broker offering 60+ forex pairs. It holds a FSC Mauritius licence (an offshore or lighter-touch regime, so check which entity holds your account).

Pros
  • Regulation varies by entity
  • Minimum deposit: $10
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
FXTM logo
Our Rating
4.4/5.0
Best ForAfrican & Asian traders & copy trading users
Min Deposit$10

FXTM Review Summary

Founded in 2011 and headquartered in Cyprus, FXTM is a broker offering 60+ forex pairs. It holds a FSC Mauritius licence (an offshore or lighter-touch regime, so check which entity holds your account).

Pros
  • Regulation varies by entity
  • Minimum deposit: $10
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
TMGM logo
Our Rating
4.4/5.0
Best ForScalpers, ECN traders & stock-CFD traders via IRESS
Min Deposit$100

TMGM Review Summary

Founded in 2013 and headquartered in Sydney, Australia, TMGM is a broker offering 60+ forex pairs. It holds a FSC Mauritius licence (an offshore or lighter-touch regime, so check which entity holds your account).

Pros
  • Regulation varies by entity
  • Minimum deposit: $100
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
LiteFinance logo
Our Rating
4/5.0
Best ForCopy traders, beginners & cost-conscious ECN users
Min Deposit$10 (Cent) / $50 (Classic/ECN)

LiteFinance Review Summary

Founded in 2005 and headquartered in Limassol, Cyprus / Kingstown, SVG, LiteFinance is a broker offering 60+ forex pairs. It holds a FSC Mauritius licence (an offshore or lighter-touch regime, so check which entity holds your account).

Pros
  • Regulation varies by entity
  • Minimum deposit: $10 (Cent) / $50 (Classic/ECN)
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening
GO Markets logo
Our Rating
4.5/5.0
Best ForAustralian traders, MetaTrader users & low-cost ECN accounts
Min Deposit$0

GO Markets Review Summary

Founded in 2006 and headquartered in Melbourne, Australia, GO Markets is a broker offering 50+ forex pairs. It holds a FSC Mauritius licence (an offshore or lighter-touch regime, so check which entity holds your account).

Pros
  • Regulation varies by entity
  • Minimum deposit: $0
  • Multiple platform options
Cons
  • Trading conditions vary by country and account type
  • Spreads listed at Ultra-Low — compare account types before opening

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Frequently Asked Questions About FSC Mauritius Regulated Forex Brokers

Frequently Asked Questions

Financial Services Commission, Mauritius is the financial regulatory body in Mauritius. We classify it as a Tier 3 regulator: it is an offshore licence with limited client protection and limited recourse if a dispute arises, so treat it as higher risk.
FSC Mauritius-licensed brokers hold an offshore credential with limited client protection. It confirms a firm is registered, not that your deposit is insured, so treat it as higher risk and keep deposits small until you have verified withdrawals.
No retail compensation scheme confirmed for forex or CFD clients. Check the FSC's rules and your broker's contracting entity.
Many brokers hold multiple licenses. While a broker may be regulated by this authority, international clients might be onboarded under a different regulatory entity within the broker's group depending on their country of residence.

Top Searched Questions

How do I choose a reliable forex broker in 2026?

Start by verifying the broker holds a Tier-1 license (FCA, ASIC, or CySEC). Compare raw spreads on EUR/USD, check withdrawal processing times, and test the demo account. BrokerAnalysis independently tests 67+ brokers each quarter using real funded accounts.

What makes a forex broker the 'best' overall?

The best forex broker combines Tier-1 regulation, spreads from 0.0 pips on raw accounts, fast execution under 50ms, a wide range of 70+ currency pairs, and transparent fee structures. Our testing ranks brokers across 8 categories including safety, costs, and platform quality.

Which forex brokers are consistently top-rated?

Consistently top-rated brokers typically hold multiple Tier-1 licenses, maintain segregated client funds, and offer competitive raw spreads. Brokers like IC Markets, Pepperstone, and FP Markets consistently score above 4.5/5 in independent testing by BrokerAnalysis.

What is forex trading and how does it work?

Forex trading involves buying one currency while selling another, profiting from exchange rate fluctuations. The forex market operates 24/5, processes $7.5 trillion daily, and is accessible through online brokers with as little as $10. Traders use technical and fundamental analysis to make decisions.

What is the best forex trading platform to use?

MetaTrader 4 remains the most popular platform for its reliability and Expert Advisor support. MetaTrader 5 adds depth-of-market and more timeframes. TradingView excels at charting, while cTrader offers the best market depth for active traders. Your ideal platform depends on your trading style.

How do forex trading platforms differ from each other?

MT4 is best for EA automation and beginner simplicity. MT5 adds stock CFDs and economic calendar integration. cTrader provides Level II pricing and algorithmic trading via cAlgo. TradingView offers social charting with 100+ indicators. Choose based on whether you prioritize automation, analysis, or execution speed.

What features should a trading platform have?

A quality trading platform needs: one-click execution, customizable charts with 50+ technical indicators, pending order types (limit, stop, trailing stop), mobile app parity, demo account access, and reliable uptime above 99.9%. Platform stability during high-volatility news events is critical.

How does the forex market work?

The forex market is a decentralized global marketplace where currencies trade in pairs. It operates across four major sessions (Sydney, Tokyo, London, New York), runs 24 hours on weekdays, and is the largest financial market with $7.5 trillion in daily volume. Prices move based on economic data, central bank policy, and geopolitics.
Information automatically localized based on "forex brokers" and related trends.

Sources & References

  1. — Hantec Markets
  2. — BrokerAnalysis
  3. — BrokerAnalysis
  4. — BrokerAnalysis

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Not Financial Advice:

Information on this website is for educational and comparison purposes only. This does not constitute financial, investment, or trading advice. How we rank brokers. See Editorial Policy and Data Sources.

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Regional Availability Notice

Broker availability depends on your country of residence. Some brokers may not accept clients from certain jurisdictions including the USA, Canada, Japan, and others. The comparison table on this page shows the country-acceptance status captured in our latest eligibility checks.