FSC Mauritius Investment Dealer
Cost
$10,000-$25,000 application + capital + setup
Timeline
4-6 months
Capital
$ 1,000,000 (Full Service) | $ 100,000 (Limited)
Investment Dealer Licence regulated by Financial Services Commission Mauritius.
Who it suits
Brokers wanting credible offshore licensing with EU-adjacent timezone and English-speaking workforce. Common alternative to Cyprus for forex.
Compliance load
AML/CFT aligned with FATF, segregated client funds, monthly capital adequacy reporting, audit requirements.
The acquiring angle
Tier-two acquirer acceptance, EU acquirers underwrite Mauritius brokers but with somewhat tighter underwriting than CySEC. Pricing 1.5-3% IC++ markup. Reserves 8-15%.
Notes and pitfalls
FSC Mauritius lacks the brand recognition of EU regulators in card-issuing jurisdictions; cardholder dispute outcomes can be marginally less favourable.
Reference information, not legal advice. Figures are typical ranges as of 2026.
FSC Mauritius questions.
How do acquirers view the FSC Mauritius licence?
Acquirer acceptance is Moderate. Tier-two acquirer acceptance, EU acquirers underwrite Mauritius brokers but with somewhat tighter underwriting than CySEC. Pricing 1.5-3% IC++ markup. Reserves 8-15%.
What does the FSC Mauritius cost and how long does it take?
Cost: $10,000-$25,000 application + capital + setup. Timeline: 4-6 months. Capital: $ 1,000,000 (Full Service) | $ 100,000 (Limited). These are typical ranges as of 2026; verify with the regulator before budgeting.
Does BZNpay help with FSC Mauritius applications?
No. We are an introducer to acquirers, not a licensing agent. We can tell you how this licence plays with the acquirer pool and introduce you to the partners whose appetite covers it.