XS.com secures Mauritius FSC license to boost global expansion
XS.com, a leading international fintech company and multi-asset broker, has announced that it has received authorization from the Financial Services Commission (FSC) in Mauritius. This newly acquired license represents another significant step in the company’s global growth strategy, further reinforcing its reputation as a reliable and fully regulated financial services provider.
- Chosen by 3 200+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
Founded in Australia in 2010, XS.com has consistently emphasized strong governance and compliance, according to the broker’s website. With the addition of the Mauritius license, the broker now operates under the supervision of regulators in several key jurisdictions. These include the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), the Financial Services Authority of Seychelles (FSA), the Labuan Financial Services Authority in Malaysia (LFSA), the Financial Sector Conduct Authority in South Africa (FSCA), and the Ministry of Commerce and Industry in Kuwait (MOCI).
Management’s statement and the role of the Mauritius FSC
Mohamad Ibrahim, Group CEO of XS.com, emphasized that the new license reflects the company’s commitment to sustainable growth: “We are delighted to obtain a new license from the Financial Services Commission (FSC) in Mauritius as we continue to grow and expand our offerings in the financial trading sector. This license not only strengthens our presence in the financial services industry but also aligns with our core principles of prioritizing regulatory compliance and delivering exceptional service.”
The Financial Services Commission of Mauritius, established in 2001, is responsible for regulating and supervising the country’s non-bank financial services sector. Its responsibilities include licensing companies, monitoring compliance, and ensuring the stability of Mauritius’ financial markets. The regulator positions Mauritius as a growing international financial hub, combining investor protection with a competitive business environment.
XS.com’s expanding global footprint
The new license comes shortly after XS.com expanded its presence in the Middle East, opening an office in Kuwait through its subsidiary XS Online. These moves strengthen the broker’s position in key global markets and allow it to meet the growing demand from both institutional and retail clients.
With this latest authorization, XS.com continues to enhance its credibility and accessibility, boosting its ability to serve international clients in an increasingly regulated financial environment.
Read also: XS.com joins Money Expo India 2025 as Elite Sponsor to showcase innovation in trading
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