Best Forex brokers for beginners in Mauritius in 2024

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The minimum deposit in RoboForex is $10. Leverage up to 1:2000. Traders choose RoboForex for reliability, favorable trading conditions, minimum spreads, and commission fees. The company is recommended for beginner traders and experienced investors.

8.28

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FBS is a broker for those who appreciate a variety of trading instruments and prompt support. The company is suitable for both beginners and experienced traders working on PCs and smartphones.

6.87

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Pocket Option is an unregulated broker focused on cooperating with professional traders who do not need training or additional bonuses.

6.69

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WForex is suitable for traders of all levels from beginner to professional traders.A comprehensive set of tools allows all trades to make the most of their funds for profitable trading.

7.65

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Blueberry Markets is a regulated Forex and CFD broker that provides services worldwide. It is suitable for active traders and passive investors, as it allows the usage of a variety of trading strategies.

Best forex brokers for beginners in Mauritius in 2024

	RoboForex	FBS	Pocket Option	WForex	Blueberry Markets
Trading platform	МТ4, МТ5, R StocksTrader, R MobileTrader, R WebTrader	MetaTrader 4, MetaTrader 5, FBS Trader	МТ5, proprietary platform	MT4, WebTrader, Mobile terminal	MT4, МТ5, WebTrader
Min deposit	$10	$1	$5	$1	$100
Leverage	From 1:1 to 1:2000	From 1:1 to 1:2000	From 1:1 to 1:1000	From 1:33 to 1:500	From 1:1 to 1:500
Trust management	No	No	No	No	No
Accrual of % on the balance	0.00%	0.00%	0.00%	0.00%	0.00%
Spread	From 0.0 points	From 0.2 points	From 1.2 points	From 0.2 points	From 0.1 points
Level of margin call / stop out	60% / 40%	40% / 20%	30% / 50%	20% / 5%	100% / 50%
Execution of orders	Market Execution, Instant Execution	Market Execution	Market Execution	Market Execution, Instant Execution	Market Execution
No deposit bonus	No	$5	No	No	No
Cent accounts	Yes	Yes	No	Yes	No

There are certain specifics in trading, which novice traders residing in the territory of Mauritius need to know about:

Novice traders need educational courses. The bigger the educational blocks, the more useful knowledge you will gain.
Take notice of the availability of a demo account or a cent account. Traders can use these accounts to practice without considerable costs. A demo account allows you to work with virtual money, and a cent account - with micro lots, where your profit or loss amounts to just several dollars or even cents.
When choosing a broker, it is important to evaluate its fees schedule. Novice traders should check out the fees on cent or basic accounts.
If a novice trader professes Islam, he needs to make sure that an Islamic account is available. it is a special swap-free account that does not violate the Sharia law.

1
Best Forex broker for beginners in Mauritius - RoboForex

RoboForex is a well-established brokerage company offering a broad spectrum of trading opportunities for active traders and investors alike. With an impressive selection of over 12,000 financial instruments - including currency pairs, CFDs on stocks, indices, metals, energies, and futures - RoboForex provides a versatile trading environment.
The broker boasts competitive trading conditions: tight spreads starting from 0 pips, high leverage up to 1:2000, and fast execution speeds. The broker also offers the CopyFx investment program, which allows traders to copy the strategies of successful investors and earn passive income. Additional perks include instant fund withdrawals and some of the industry’s highest affiliate payments (up to 84%).
RoboForex prioritizes reliability and client satisfaction, establishing itself as a trusted partner for traders worldwide.

👍 Advantages of trading with RoboForex for traders from Mauritius:

•Availability of favorable trading conditions and a minimum deposit

•Unique investment program CopyFx

•Highest affiliate payments: up to 84% of the fee paid by the referral

•Market launch - STP and ECN

•Instant withdrawal of funds

•Minimum deposit - $10

👎 Disadvantages of RoboForex for traders from Mauritius:

•A small number of currency pairs - 36, for accounts: Pro, Pro-Cent, ECN, Prime

•Lack of tools when trading on the R StocksTrader platform

RoboForex Commissions & Fees for traders from Mauritius

RoboForex charges trading fees. The fees are charged as the spread. In the fees review for traders from Mauritius, you can learn about their rates depending on the account type.

RoboForex Commissions and Fees in Mauritius

Account type	Spread (minimum value)	Withdrawal commision
Pro	$13	No
Pro-Cent	$13	No
ECN	$3	No
Prime	$1	No

Your capital is at risk.

2
Best Forex broker for beginners in Mauritius - FBS

FBS is an international broker with a strong presence in Asia, offering a wide range of trading instruments including Forex, stocks, indices, energies, and metals. With over 90 international awards and 27 million clients across 150 countries, FBS boasts a strong global reputation.
The company provides flexible trading conditions: leverage up to 1:3000, floating spreads from 0.7 pips, commission-free trading, and fast execution speeds starting at 0.01 seconds. FBS ensures client security with negative balance protection and offers a user-friendly experience on familiar trading platforms.
While FBS doesn't currently offer cryptocurrency trading or passive income options like PAMM accounts and copy trading, its competitive conditions and extensive educational resources make it a compelling choice for traders seeking a comprehensive and accessible experience.

👍 Advantages of trading with FBS for traders from Mauritius:

•negative balance protection;

•a large selection of trading instruments;

•the support service works 24/7.

👎 Disadvantages of FBS for traders from Mauritius:

•no cryptocurrency;

•auto copying is not available;

•no PAMM accounts;

•not suitable for short-term trading, such as scalping;

•the support service works in a limited number of languages;

•only two real accounts.

FBS Commissions & Fees for traders from Mauritius

FBS charges trading fees. The fees are charged as the spread. In the fees review for traders from Mauritius, you can learn about their rates depending on the account type.

FBS Commissions and Fees in Mauritius

Account type	Spread (minimum value)	Withdrawal commision
Standard	From $1.7	No
Cent	From $1.3	No

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3
Best Forex broker for beginners in Mauritius - Pocket Option

The Pocket Option broker is part of Gembell Limited holding, which was founded by a group of professionals seasoned in trading and investment activities. The company is mass-market requirements-based, therefore, it provides quality services to binary options trading in the OTC market access. The broker strives to make the trading process as simple, clear, and convenient as possible. For this reason, Pocket Option has developed a unique trading platform to ensure stable trading for traders and investors.

👍 Advantages of trading with Pocket Option for traders from Mauritius:

•low threshold for entering the market; the first deposit starts at $5;

•social trading platform generates passive income.

👎 Disadvantages of Pocket Option for traders from Mauritius:

•not licensed by any reputable regulator;

•to trade Forex through MetaTrader 5, you need to deposit at least $1,000;

•support service responds within 24-48 hours, which is also too slow.

Pocket Option Commissions & Fees for traders from Mauritius

Pocket Option charges trading fees. The fees are charged as the spread. In the fees review for traders from Mauritius, you can learn about their rates depending on the account type.

Pocket Option Commissions and Fees in Mauritius

Account type	Spread (minimum value)	Withdrawal commision
Novice trader	No	Yes, when withdrawal with Perfect Money
Beginner	No	Yes, when withdrawal with Perfect Money
Experienced	No	Yes, when withdrawal with Perfect Money
Master	No	Yes, when withdrawal with Perfect Money
Professional	No	Yes, when withdrawal with Perfect Money
Expert	No	Yes, when withdrawal with Perfect Money
MT5 Forex	From 1.1 pips	Yes, when withdrawal with Perfect Money

Your capital is at risk.

4
Best Forex broker for beginners in Mauritius - WForex

WForex is a broker operating on the market for 12 years. The company carries on its activity in 50 countries in the world. It is a member of the Financial Commission for Dispute Resolution in the field of financial services in the international exchange market. World Forex coops with front developers, introducing modern tools that provide traders with safe and uninterrupted trading. The company is admitted as the best Forex digital contract broker.

👍 Advantages of trading with WForex for traders from Mauritius:

•bonus 100% for replenishment;

•commissions compensation when depositing;

•low barrier for entry — you can deposit $1;

•Safe-box account — high interests for trader's funds, free-and-easy converting and cash transferring between your trade accounts according to official bank rates;

•making transactions with ECN/STP technologies avoid a conflict of interest between the broker and the trader;

•auto trading is available;

•wide range of replenishment and withdrawal systems;

•own developed course "Forex Guide for the trader";

•the ability to trade digital contracts provides a potential profit of 100%.

👎 Disadvantages of WForex for traders from Mauritius:

•no search box on the website;

•there is no forum for communication between traders, but you can use the Traders Union forum, where traders from all over the world communicate;

•the support service may take several hours to respond

•the training section can be amended with video courses and training articles.

WForex Commissions & Fees for traders from Mauritius

WForex charges trading fees. The fees are charged as the spread. In the fees review for traders from Mauritius, you can learn about their rates depending on the account type.

WForex Commissions and Fees in Mauritius

Account type	Spread (minimum value)	Withdrawal commision
W-Cent	From 1.8$	Yes
W-Profi	From 18$	Yes
W-Instant	From 20$	Yes
W-ECN	From 2$	Yes

Your capital is at risk.

5
Best Forex broker for beginners in Mauritius - Blueberry Markets

The international Forex broker Blueberry Markets has been offering access to the financial and currency markets since 2016. It has representative offices in Australia and Vanuatu that operate under the control of ASIC (Australian Securities and Investments Commission, ABN: 49 167 260 504) and VFSC (Vanuatu Financial Services Commission, 012868). With this brokerage company, you can trade more than 300 assets including currency pairs and CFDs, join copy trading platforms, and invest in MAM accounts. Blueberry Markets offers advanced analytics, three levels of training, and a free VPS server. In 2020 and 2021, the company has been a finalist for the Best Online Client Service Award, established by the Finder website with over 1 million users.

👍 Advantages of trading with Blueberry Markets for traders from Mauritius:

•Regulation in two jurisdictions and availability of ASIC and VFSC licenses;

•A wide range of financial instruments to which you can attach short and long positions;

•Availability of MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms, as well as access to DupliTrade;

•Possibility to trade with minimal spreads on accounts with a fee per lot;

•Free forecasts for Forex and the most popular types of CFDs;

•Leverage is up to 1:500;

•No ban on the use of different trading techniques, copying transactions, or involvement of counselors.

👎 Disadvantages of Blueberry Markets for traders from Mauritius:

•The minimum deposit is $100;

•The broker does not have standard bonus offers;

•Cent accounts are not available to its clients.

Blueberry Markets Commissions & Fees for traders from Mauritius

Blueberry Markets charges trading fees. The fees are charged as the spread. In the fees review for traders from Mauritius, you can learn about their rates depending on the account type.

Blueberry Markets Commissions and Fees in Mauritius

Account type	Spread (minimum value)	Withdrawal commision
Standard account	From $10	Depends on the amount and the payment provider
Direct account	From $10	Depends on the amount and the payment provider