Mauritius · FSC · Regulated
Mauritius forex licence and MT5, handled end to end
The FSC Investment Dealer licence is one of the most widely used regulated routes for FX and CFD brokers. With our Mauritius management company partner we set up the GBC, file the licence application, provide the local officers and prepare your MetaQuotes file.
Updated
- Investment Dealer (Full Service, excluding Underwriting)
- Global Business Company with a Global Business Licence
- Resident directors, secretary, compliance officer and MLRO
- Multi-currency bank accounts and PSP accounts
Forex brokers in Mauritius usually hold an FSC Investment Dealer licence (Full Service excluding Underwriting) through a Global Business Company, with two resident directors, a company secretary, a compliance officer, MLRO and deputy MLRO, a registered office and a local bank. A local management company can provide this substance. It typically takes four to eight months.
Overview
Why brokers choose Mauritius
Mauritius is a well-established international financial centre regulated by the Financial Services Commission (FSC). Forex and CFD brokers usually apply for an Investment Dealer licence, most often the Full Service Dealer excluding Underwriting category, held by a Global Business Company (GBC) that also holds a Global Business Licence.
A Mauritius licence gives your brokerage a regulated profile that banks, liquidity providers, payment providers and MetaQuotes recognise. In return, the FSC expects real substance and ongoing compliance. Our partner, a licensed Mauritius management company, provides most of that substance as a service, so you do not need to relocate staff.
Set-up
What the set-up covers
Name & FSC submission
Reservation of the company name, preparation of the licence application and submission to the FSC.
Incorporation
Application for incorporation, statutory documents for directors and secretary, statutory file and company seal.
Legal certificate
A legal certificate from Mauritius counsel, required for incorporation.
First board & registers
First meeting and minutes, initial share issue, appointment of officers, registers of members, directors and secretaries.
Banking & payments
Multi-currency corporate accounts with a leading bank, plus PSP accounts for card and alternative payment acquiring.
MetaQuotes file
Once licensed, your MT5 application is prepared with the FSC licence as activity confirmation.
Substance & officers
What the FSC expects, and what our partner provides
Indicative only
Capital and substance requirements depend on the licence category and are updated by the FSC. We confirm the current requirements with our Mauritius partner before you commit.
- Registered office in Mauritius
- Qualified company secretary
- Two Mauritius-resident directors of sufficient calibre and independence
- Compliance officer, MLRO and deputy MLRO
- Ongoing AML/CFT monitoring, internal reporting and liaison with the FSC
- A local landline with a receptionist, supporting the substance requirement
- Maintenance of due diligence records for all officers
- Minimum stated capital as set by the FSC for the licence category
After licensing
Ongoing obligations each year
A Mauritius licence is a long-term commitment. These tasks are handled by the management company as part of the annual service.
- Annual Global Business Licence and Investment Dealer licence renewal with the FSC
- Annual registration with the Registrar of Companies
- Board meetings and the annual meeting of shareholders, with minutes
- Filing statutory changes: directors, auditors, registered office, share transfers
- Audited financial statements filed with the FSC
- Compliance reports and file reviews
- Optional: accounting, tax returns with the Mauritius Revenue Authority, tax residence certificates, notarisation and apostille
How the Mauritius route works
Consultation & structure
Licence category, shareholding, directors and business plan outline.
Week 1Due diligence
KYC and fit-and-proper documents for all shareholders and directors.
Weeks 1–3GBC & licence application
Name reservation, FSC application, incorporation and legal certificate by our partner.
Month 1FSC review
Questions from the FSC, approval of officers, bank and PSP account opening.
Months 2–6Licence granted
Licence issued, capital in place, officers and office services active.
Typically 4–8 monthsMT5 licence
MetaQuotes file prepared with the FSC licence and submitted with our support.
After licensingMauritius: questions
Which licence do forex brokers need in Mauritius?
Most FX/CFD brokers apply for an Investment Dealer licence, usually Full Service Dealer excluding Underwriting, held by a Global Business Company.
Do I need to move staff to Mauritius?
Not necessarily. Resident directors, the company secretary, the compliance officer, MLRO and deputy MLRO, the registered office and a local phone line can be provided by our licensed management company partner.
Does the set-up include a bank account?
Yes. Our partner assists with multi-currency corporate accounts at a leading bank and with PSP accounts for card payments. Account opening remains at the bank’s and PSP’s discretion.
How long does a Mauritius forex licence take?
Typically four to eight months, depending on the completeness of the file and FSC questions.
Can I start trading while the licence is pending?
No regulated activity may start before the licence is granted. Some brokers start with a Saint Lucia entity in parallel. See packages.
Official sources
Primary sources we rely on. Rules change; always confirm current requirements with the authority.
- Financial Services Commission (FSC) Mauritius fscmauritius.org
- Mauritius Revenue Authority mra.mu
- MetaQuotes Ltd metaquotes.net
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