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Forex Brokers2026

Regulator profile · SC

FSA — Financial Services Authority (Seychelles)

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The Financial Services Authority of Seychelles (FSA Seychelles) is the regulator of non-bank financial services in the Republic of Seychelles, including the securities-dealer regime widely used by offshore forex and CFD brokers.

Brokers in Seychelles accepting residents under FSA
Jurisdiction
Republic of Seychelles.
Founded
2013
Mandate
Established under the Financial Services Authority Act 2013 (replacing the SIBA). FSA licenses securities dealers under the Securities Act 2007, supervises AML/CFT compliance and maintains a public register of all licensees.
Consumer protection
No statutory compensation scheme. Client-money segregation is required under FSA rules but enforcement intensity is lower than tier-1 jurisdictions. Negative balance protection is not mandated.
Retail leverage caps
No statutory cap. Retail leverage of 1:500 to 1:2000 is typical with FSA-licensed providers. Suitability and risk-disclosure rules apply but are loosely enforced.
Public register
FSA publishes a public list of licensed securities dealers with licence numbers and entity names. Verifying current status typically requires direct correspondence with the FSA. Open register ↗
Dispute resolution
No independent ombudsman with binding-award powers. Disputes go through the firm's internal complaints process or, ultimately, the Seychellois courts.
Editor notes
An FSA Seychelles licence is one of the most common offshore options for brokers serving emerging-market retail clients excluded by EU/UK/AU leverage caps. Treat it as an offshore licence — legal cover for the broker, but limited consumer recourse compared to tier-1 jurisdictions.

Brokers we track with a FSA licence

1 broker

  1. 02Tickmill

    FCACySECFSAFSCA
    Open account at Tickmill →
    Avg spread
    0.20pip
    editorial estimate
    Cost / lot
    $8.00
    incl. $6 commission
    Min deposit
    $100
    Max leverage
    1:1000
    EU/UK retail: 1:30 · Seychelles entity: 1:1000

    Raw account: 0.0 from-spread + $6 round-turn — ECN-style pricing in a commission-based tier · Broker publishes "from" spreads only — realised typical is not disclosed on the accounts page

    Fits ifYou are EU or UK retail and want FCA + CySEC double cover with ECN-style commission pricing
    PlatformsMetaTrader 4, MetaTrader 5

    Founded in 2014 · Verified Jun 1, 2026

    Full Tickmill details →