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

Best FSA-regulated brokers

Ranked by BrokaBoy score, with ties listed alphabetically.

HFM

9.7/10· Trustpilot 4.3 (2,948 reviews)

Multi-regulated broker formerly trading as HotForex

Min Dep

Spread

0.0 pips

Leverage

1:2000 (entity dependent)

FCA CySEC DFSA

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Exness

9.0/10· Trustpilot 4.7 (31,240 reviews)

High-volume retail broker with instant withdrawals and tight majors

Min Dep

$10

Spread

0.0 pips

Leverage

1:2000

FCA CySEC FSCA

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Admirals

8.9/10· Trustpilot 4.1 (2,165 reviews)

Admiral Markets, an EU-supervised broker with an investing arm

Min Dep

$100

Spread

0.0 pips

Leverage

Up to 1:500 (entity dependent)

FCA CySEC FSCA

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ThinkMarkets

8.9/10· Trustpilot 3.4 (520 reviews)

Multi-regulated broker with its own ThinkTrader platform

Min Dep

Spread

0.0 pips

Leverage

Up to 1:500 (entity dependent)

FCA FSCA ASIC

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Moneta Markets

8.7/10· Trustpilot 4.1 (583 reviews)

Multi-platform broker aimed at active retail traders

Min Dep

$50

Spread

0.0 pips

Leverage

1:1000

ASIC FSCA FCA

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FP Markets

Featured

8.6/10· Trustpilot 4.8 (10,285 reviews)

ECN pricing with 10,000+ instruments

Min Dep

$100

Spread

0.0 pips

Leverage

1:500

ASIC CySEC FSCA

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Fusion Markets

8.3/10· Trustpilot 4.8 (9,250 reviews)

Low-cost Australian broker with tiny commissions

Min Dep

Spread

0.0 pips

Leverage

1:500 (entity dependent)

VFSC ASIC FSA

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GO Markets

8.3/10· Trustpilot 4.2 (748 reviews)

Long-standing Australian forex specialist

Min Dep

$200

Spread

0.0 pips

Leverage

1:500 (entity dependent)

ASIC CySEC FSCM

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IC Markets

Featured

8.1/10· Trustpilot 4.8 (56,055 reviews)

Raw spreads for serious traders

Min Dep

$200

Spread

0.0 pips

Leverage

Up to 1:5000 (entity dependent)

ASIC CySEC FSA

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PU Prime

8.0/10· Trustpilot 2.9 (1,841 reviews)

Multi-asset broker aimed at emerging markets

Min Dep

$50

Spread

0.0 pips

Leverage

1:1000

FSA FSCM FSCA

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Tickmill

8.0/10· Trustpilot 2.8 (1,144 reviews)

Low commissions, no gimmicks

Min Dep

$100

Spread

0.0 pips

Leverage

1:1000 (entity dependent)

FCA CySEC FSA

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easyMarkets

7.7/10· Trustpilot 4.3 (1,929 reviews)

Fixed spreads with built-in risk tools

Min Dep

$25

Spread

0.9 pips

Leverage

1:400

ASIC CySEC BVIFSC

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eToro

Featured

7.3/10· Trustpilot 4.1 (31,994 reviews)

Social trading, reinvented

Min Dep

$50

Spread

1.0

Leverage

1:30

FCA CySEC ASIC

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JustMarkets

7.1/10· Trustpilot 3.6 (4,479 reviews)

Low-cost accounts aimed at emerging-market retail traders

Min Dep

$10

Spread

0.3 pips

Leverage

Up to 1:3000 (entity dependent)

FSCA FSA CySEC

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BDSwiss

6.1/10· Trustpilot 2.0 (2,836 reviews)

European-founded CFD broker with tiered account pricing

Min Dep

$10

Spread

0.3 pips

Leverage

Up to 1:2000 (entity dependent)

FSA FSCM

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NAGA

6.1/10· Trustpilot 3.4 (4,098 reviews)

Social trading platform with CFDs and stocks

Min Dep

$250

Spread

1.0 pips

Leverage

Up to 1:1000 (entity dependent)

CySEC FSA FSCA

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Titan FX

5.8/10· Trustpilot 3.2 (172 reviews)

Execution-focused broker with no dealing desk

Min Dep

$200

Spread

0.0 pips

Leverage

1:2000

VFSC FSA

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Affiliate link - see our Methodology

FSA

What the FSA does

Protections for traders

Best FSA-regulated brokers

HFM

Exness

Admirals

ThinkMarkets

Moneta Markets

FP Markets

Fusion Markets

GO Markets

IC Markets

PU Prime

Tickmill

easyMarkets

eToro

JustMarkets

BDSwiss

NAGA

Titan FX

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