FSA
Financial Services Authority (Seychelles)
Seychelles
Tier 4 - light touch
What the FSA does
The Seychelles FSA licenses offshore securities dealers. Entities here can offer far higher leverage than onshore regimes, with correspondingly lighter conduct supervision.
Protections for traders
- Basic licensing and capital requirements
- Annual audited financial statements
- Client fund segregation expected by licence conditions
- No statutory investor compensation scheme
- Leverage not capped - risk sits with the trader
Brokers licensed by the FSA
IC Markets
Top Pick4.8(2,431)
Raw spreads for serious traders
Min Dep
$200
Spread
0.0
Leverage
1:500
Affiliate link - see our Methodology
Tickmill
4.6(876)
Low commissions, no gimmicks
Min Dep
$100
Spread
0.0
Leverage
1:500
Affiliate link - see our Methodology
AvaTrade
4.4(1,687)
Global broker, local support
Min Dep
$100
Spread
0.9
Leverage
1:400
Affiliate link - see our Methodology