TabTrade Granted Investment Dealer Licence by Mauritius Financial Services Commission
Key Takeaways
- •TabTrade secured a Full Service Investment Dealer Licence (number GB26206419) from the Financial Services Commission of Mauritius on 2 July 2026 for its entity TabTrade (Mauritius) Ltd.
- •The Mauritius licence places TabTrade under a supervised regulatory regime for the first time, replacing its previous structure as a Saint Lucia-registered International Business Company with lighter oversight requirements.
- •Under the licence terms, TabTrade must hold client funds separately from its own funds and submit to annual reassessment of its anti-money laundering and counter-terrorist financing framework.
- •TabTrade offers trading across forex, indices, commodities, metals, and shares on MetaTrader 5 and cTrader platforms, with its Edge account featuring raw spreads from 0.0 pips and a flat $3.50 commission per side.
- •The licence record is publicly accessible through the FSC Online Public Register, reflecting CEO Benjamin Boulter's stated goal of providing clients with verifiable regulatory transparency.

TabTrade, a multi-asset forex and CFD broker, has secured an Investment Dealer (Full Service Dealer, excluding Underwriting) Licence for its Mauritius entity, TabTrade (Mauritius) Ltd, from the Financial Services Commission of Mauritius (FSC). Mauritius is an established jurisdiction for retail forex and CFD brokers serving international clients, with the FSC operating as a member of the International Organization of Securities Commissions (IOSCO).
The FSC issued the licence on 2 July 2026 under Section 29 of the Securities Act 2005, Rule 4 of the Securities (Licensing) Rules 2007, and the Financial Services (Consolidated Licensing and Fees) Rules 2008. The licence number is GB26206419 and the classification code is SEC-2.1B. On the same date, the Commission granted a Global Business Licence under Section 72(6) of the Financial Services Act 2007.
The FSC serves as the integrated regulator for non-bank financial services and global business in Mauritius. Under the terms of the licence, TabTrade (Mauritius) Ltd is required to hold client funds separately from its own funds and to apply them solely for their stated purpose. The company must also undergo annual reassessment of its anti-money laundering and counter-terrorist financing framework.
The move represents a significant shift in the broker's regulatory standing. TabTrade originally launched in 2025, operating through TabTrade Ltd, a Saint Lucia company registered under the International Business Companies Act (Registration Number 2025-00919). That entity remains part of the corporate group. Saint Lucia's IBC framework is commonly used for offshore companies with lighter regulatory requirements than onshore financial centres and no equivalent public licensing register for investment dealers. The Mauritius licence brings the business under a supervised regulatory regime with a searchable public register for the first time.
"We wanted a regulator with a public register anyone can search," said Benjamin Boulter, Founder and CEO of TabTrade. "Clients should not have to take our word for how their money is held or who answers for us. Now there is somewhere they can go and check."
The licensing comes amid a broader industry pattern in which retail brokers have pursued authorisation in jurisdictions with formal supervisory regimes, as traders and institutional partners increasingly place weight on verifiable regulatory status.
TabTrade offers trading in forex, indices, commodities, metals, and shares on the MetaTrader 5 and cTrader platforms, with execution routed through Equinix LD5 in London. The broker's Edge account features raw spreads starting from 0.0 pips with a flat $3.50 commission per side and no spread markup. According to data from Datalyst, the account averaged 0.04 pips across major currency pairs during May 2026, with the tightest recorded reading of 0.02 pips on AUD/USD.
TabTrade reports zero average spreads on major forex pairs, a $0 minimum deposit, and institutional-grade execution through Equinix LD5 data centres. Client funds are held in segregated accounts.
The licence record is available through the FSC Online Public Register at
Trading CFDs and margin forex carries a high level of risk and can result in losses that exceed deposits. A regulatory licence does not reduce that risk.