FSA Seychelles
Financial Services Authority of Seychelles - Offshore regulator with minimal oversight.
Quick answer
The FSA Seychelles is an offshore regulator that licenses many brokers offering high leverage and fewer restrictions. It is legitimate but provides less protection than Tier-1 regulators.
Definition
FSA Seychelles (Financial Services Authority of Seychelles) is an offshore regulator that licenses many forex brokers seeking to offer high leverage and fewer restrictions. While legitimate, it offers less protection than Tier-1 regulators.
How It Works
- Offshore jurisdiction with lighter regulation
- No leverage restrictions - brokers offer up to 1000:1
- Lower capital requirements than FCA/ASIC
- No investor compensation scheme
Trading Tips
1
Higher leverage but much higher risk
2
No guaranteed protection if broker fails
3
Choose FSA Seychelles brokers with proven track record only
Related Terms
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