FSC - Mauritius Regulated Brokers
The Financial Services Commissions (FSC) is the watchdog for Forex Brokers that are licensed in Mauritius. It was established first for non-banking services but the increase of the Forex Brokers that wish to obtain a license force the authority to deal with the Forex activity. As a regulated Forex Broker from FSC the Forex Broker needs to obtain certain criteria such as capital adequacy as well as fit and proper tests. The regulator is also responsible for monitoring the Forex Brokers that are regulated in the country and issues warnings when there is a bridge of a law.
