What should I look for when choosing a forex broker?

Focus on regulation (FCA, ASIC, CySEC), spreads and commissions, execution speed, leverage offered, and platform choice (MT4/MT5). Our ranking weights these factors algorithmically.

What is a good spread for forex trading?

Competitive EUR/USD spreads are below 1 pip on standard accounts and 0.1–0.3 pips on raw/ECN accounts. Brokers with tight spreads but commission charges often work out cheaper for active traders.

Is forex trading safe?

Forex is legal and safe when traded through a regulated broker. Look for brokers regulated by Tier-1 regulators such as the FCA (UK), ASIC (Australia), or CySEC (EU). Avoid unregulated offshore brokers.

What is the minimum deposit to trade forex in Mauritius?

23 brokers on this list accept traders from Mauritius with no minimum deposit ($0). The lowest non-zero minimum deposit among brokers available in Mauritius is $1. For better risk management and position sizing, most experts recommend starting with at least $100–$200 regardless of the broker's minimum.

Which is the top-rated broker in this list for 2026?

Based on our scoring algorithm, Interactive Brokers currently ranks #1 with a score of 4.4/5. Scores are recalculated every 24 hours as broker data changes.

Best Forex Brokers in Mauritius 2026 — Expert Rankings

What to Look For in Forex Brokers in Mauritius

When selecting a forex broker in Mauritius, it is crucial to consider the regulatory framework governing the broker. The Financial Services Commission (FSC) of Mauritius is responsible for overseeing the financial services sector, and a broker regulated by this authority is generally more trustworthy. Regulation ensures that the broker adheres to stringent operational standards, offering a level of security for your investments. Additionally, brokers regulated by reputable international bodies like the FCA or ASIC further boost credibility.

Another important factor to consider is the cost structure of the broker. This encompasses spreads, commissions, and any additional fees such as withdrawal charges. A competitive fee structure can significantly impact your profitability, especially if you are an active trader. Brokers that offer tight spreads and low commissions are generally favoured, but it is essential to read the fine print to understand all potential costs.

Finally, consider the trading platforms and tools available. A robust platform with advanced charting tools, real-time data, and automated trading capabilities can enhance your trading experience. User-friendly interfaces and mobile applications are also important for traders who require flexibility and ease of access. Brokers that offer a demo account are particularly beneficial for beginners looking to practise without financial risk.

How We Rank Forex Brokers in Mauritius

Our ranking methodology prioritises a comprehensive assessment of various crucial factors, starting with regulation, which constitutes 25% of the total score. The regulatory status of a broker is an indispensable criterion as it provides a baseline for trust and security. Following closely are fees, which account for 20%. This includes the evaluation of spreads, commissions, and other miscellaneous charges that can affect a trader’s bottom line.

We also consider the quality of trading platforms, which makes up 15% of our scoring. A superior platform enhances user experience and trading efficiency. Market offerings contribute 10% to the score, focusing on the diversity of currency pairs and other financial instruments available. Trustworthiness, based on the broker's history and reputation, accounts for another 15%. Finally, user experience, which also holds 15% weight, assesses the broker's website, customer service, and ease of use.

Top Picks at a Glance

Interactive Brokers: Known for its expansive market access and competitive pricing, Interactive Brokers offers a professional-grade platform ideal for seasoned traders.
Forex.com: Forex.com stands out with its comprehensive educational resources and advanced trading tools, making it a great choice for both beginners and experienced traders.
IG Group: IG Group excels in offering an intuitive trading platform coupled with a wide range of market options, supported by strong regulatory oversight.
Vantage: Vantage provides competitive spreads and a user-friendly platform, making it particularly attractive for traders looking for cost-effective trading solutions.
Pepperstone: With a focus on fast execution speeds and low latency, Pepperstone is ideal for high-frequency traders seeking a reliable trading environment.

Best Forex Brokers in Mauritius 2026

Interactive Brokers

Forex.com

IG Group

FxPro

Pepperstone

OANDA

City Index

CMC Markets

XM

eToro

Saxo Bank

Plus500

AvaTrade

Capital.com

BlackBull Markets

ThinkMarkets

FBS

IC Markets

Vantage Markets

FP Markets

XTB

ForTrade

Swissquote

HFM

Admiral Markets

Exness

Deriv

Markets.com

Phillip Capital

IronFX

Dukascopy

Libertex

FXCM

FxOpen

Exante

Axi

Eightcap

EasyMarkets

MultiBank Group

InstaForex

FXTM

Webull

Trading 212

Fusion Markets

ActivTrades

Octa

NAGA

Moneta Markets

Purple Trading

Skilling

Fineco Bank

TMGM

HYCM

Aetos Capital

LiteFinance

Phillip Nova

LYNX Broker

Binance

Spreadex

Just2Trade

VT Markets

Freedom Finance

Tickmill

GO Markets

OCBC Securities

UOB Kay Hian

KGI Securities

CIMB Securities

Blueberry Markets

Equiti

ACY Securities

Capital Index

Amana Capital

Windsor Brokers

Pacific Union

BDSwiss

FXGT

Valutrades

JustMarkets