Best FSA (Seychelles) Regulated Forex Brokers for 2025
Traders looking for a safe online experience would find it beneficial to invest funds with an FSA Regulated Forex Broker. The Financial Services Authority (FSA) of the Seychelles is a respectable authority which sets out clear regulatory and compliance guidelines that Brokers must follow. It means that there is accountability and greater fund protection should any problem arise.
The FSA was established in 2013 and has emerged as a well-known, autonomous regulatory body responsible for non-bank financial services in the Seychelles, Africa’s smallest country. It currently counts many Forex Brokers among its list of FSA regulated brokers and conducts all the necessary oversight measures expected of a recognised financial regulator.
After an extensive research and review process, our FX Trust Score team has hand-picked a toplist of five Best FSA Regulated Forex Brokers for 2025, who met key criteria and performed well across-the-board. Take a look.
Overview of FSA Regulated Forex Brokers
Broker Name: Exness
Established: 2008
Seychelles Office: Mahe
Minimum Deposit: $10
Copy Trading: Yes
Negative Balance Protection: Yes
Pros & Cons
✅ Low minimum deposit
✅ Strong fund security
❌ Above average leverage
Broker Name: Admirals
Established: 2001
Seychelles Office: Mahe
Minimum Deposit: $100
Copy Trading: Yes
Negative Balance Protection: Yes
Pros & Cons
✅ Diverse range of account types
✅ Excellent educational resources
❌ High minimum deposit
Broker Name: Tickmill
Established: 2014
Seychelles Office: Mahe
Minimum Deposit: $100
Copy Trading: Yes
Negative Balance Protection: Yes
Pros & Cons
✅ Extensive educational resources
✅ Very competitive trading conditions
❌ High minimum deposit
Broker Name: HF Markets
Established: 2010
Seychelles Office: Mahe
Minimum Deposit: $5
Copy Trading: Yes
Negative Balance Protection: Yes
Pros & Cons
✅ Proprietary copy trading platform
✅ Varied educational material
❌ Above average fees
Broker Name: eToro
Established: 2007
Seychelles Office: Mahe
Minimum Deposit: $50
Copy Trading: Yes
Negative Balance Protection: Yes
Pros & Cons
✅ Good range of trading instruments
✅ Innovative copy trading features
❌ No MT4 or MT5
FX Trust Score Comparison of FSA Regulated Forex Brokers
| Broker | FSA Regulation | Seychelles Office | Trading Platforms | Average EUR/USD Spread | Customer Support |
| Exness | Licence number: SD025 | Office 107, 1st Floor, Waterside Property Ltd, Eden Island, Mahe | MT4, MT5, Exness Terminal | 0.6 pips | 24/7 |
| Admirals | Licence number: SD073 | Suite 202, Second Floor, Waterside Property, Eden Island, Mahe | MT4, MT5, Admirals Platform | 0.8 pips | 24/5 |
| Tickmill | Licence number: SD008 | Office 3, F28-F29, Eden Plaza, Eden Island, Mahe | MT4, MT5 | 0.1 pips | 24/5 |
| HF Markets | Licence number: SD015 | Room S203A, Second Floor, Orion Complex, Victoria, Mahe | HFCopy, MT4, MT5 | 1.4 pips | 24/5 |
| eToro | Licence number: SD076 | eToro Suites, S45 2nd Floor, Espace Building, Victoria, Mahe | eToro Platform | 1.0 pips | 24/5 |
The FXTS Verdict – Which are the Best FSA Regulated Forex Brokers?
This educational article was designed to collate together the best FSA Seychelles regulated brokers for 2025 as part of one handy guide, so that traders can better establish which FSA regulated brokers are the most suitable choice for them. It analysed a range of important factors like platform offering, registered offices, customer support availability, and more.
Overall, Exness and Admirals scored highly for their low average EUR/USD spreads and wide selection of account types, with Exness having the edge thanks to its 24/7 customer support service. Honourable mentions go to Tickmill for its competitive trading conditions, including extremely low spreads, and HF Markets, which presents an innovative and unique HFCopy trading platform. In conclusion, each of the FSA Seychelles regulated brokers listed above can be classed as a reliable choice for traders of all backgrounds.
FSA’s Role in Forex Broker Oversight
The Financial Services Authority, known as the FSA, is Seychelles’ autonomous regulatory body. It is responsible for monitoring and supervising business in the country’s non-bank financial services sector. In terms of enforcement powers, the FSA regulator can carry out disciplinary action against regulated forex brokers and individuals found to be in breach of Seychelles’ financial laws.
In return for holding a licence with a recognised international body, FSA regulated brokers are expected to comply with various regulatory standards and procedures. This includes ensuring clear and transparent business practices and providing sufficient client fund protection measures. As an offshore regulator, the FSA operates a more flexible framework compared to top-tier authorities.
FAQs
The Financial Services Authority (FSA) is a financial regulatory body based in Seychelles. Founded in 2013, it is an autonomous institution that has licensing, regulatory, and enforcement powers in the country’s non-bank financial services sector. The FSA also monitors and supervises the conduct of financial business in Seychelles.
The Financial Services Authority (FSA) is based in Victoria, the capital of Seychelles. It was first established as part of the Financial Services Authority Act, 2013, succeeding the Seychelles International Business Authority (SIBA).
The main role of the FSA Seychelles is to supervise, regulate, and monitor compliance with all non-bank financial services business carried out in Seychelles. It is also partly responsible for detecting and preventing financial crime, including money laundering, fraud, misconduct, information misuse, and the financing of terrorism.
Any forex broker that is fully licensed with the FSA Seychelles. Choosing a regulated broker rather than an unregulated one is an important first decision for traders, as these brokers are subject to strict regulatory standards. Regulated brokers typically offer stronger protections, including fee transparency, fair trading practices, and increased fund security. The best FSA regulated brokers for 2025 are listed above.
Yes, forex trading is completely legal in Seychelles. It is home to the internationally-recognised Financial Services Authority (FSA), which is the leading regulatory body in Seychelles for all non-bank financial services conducted in the African nation.
Yes, Seychelles is considered a tax haven thanks to its favourable tax laws and financial services. Offshore companies in Seychelles do not pay any taxes on income generated abroad. The country also has no capital gains tax, dividends, interest, inheritance, or property tax.
Publication date:
31/05/2024
Author: FX Trust Score
Last updated on April 4, 2025
