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Strengthening Global Presence with Mauritius License

XS.com, a leading global FinTech and multi-asset broker, has announced that it has been officially licensed by the Financial Services Commission (FSC) Mauritius. This milestone underscores the company’s commitment to regulatory compliance, investor protection, and service excellence, while furthering its long-term strategy for global expansion.

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Since its founding in Australia in 2010, XS.com has steadily built a reputation as a trusted broker, offering clients across multiple jurisdictions secure access to global financial markets.

Expanding Regulatory Coverage Across Multiple Jurisdictions

The Mauritius license adds to XS.com’s robust regulatory framework, which already includes oversight from:

  1. Australian Securities and Investments Commission (ASIC)
  2. Cyprus Securities and Exchange Commission (CySEC)
  3. Financial Services Authority of Seychelles (FSA)
  4. Labuan Financial Services Authority (LFSA), Malaysia
  5. Financial Sector Conduct Authority (FSCA), South Africa
  6. Ministry of Commerce and Industry (MOCI), Kuwait

This expansion reinforces XS.com’s mission of delivering secure, transparent, and compliant trading services to its global client base.

CEO Highlights Commitment to Compliance and Growth

Commenting on the new license, Mohamad Ibrahim, Group CEO of XS.com, said:

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“We are excited about securing a new license from the Financial Services Commission (FSC) Mauritius as we continue to expand and enhance our offerings in the financial trading space. This milestone not only strengthens our presence in the global financial services industry but also aligns with our principles of prioritizing compliance and delivering exceptional service to clients.”

Mauritius as a Growing Global Financial Hub

The Financial Services Commission (FSC) Mauritius, established in 2001, plays a key role in supervising non-bank financial services and global business activities. Its mandate includes:

  • Licensing and regulating financial entities
  • Preventing financial crime and malpractice
  • Protecting investors and ensuring market integrity
  • Supporting Mauritius’ position as a global financial hub

With its strong regulatory environment and commitment to sustainable financial growth, Mauritius is positioning itself as a trusted jurisdiction for international financial services providers.

XS.com Expands in the Middle East

In addition to its regulatory achievements, XS.com recently launched its brand presence in Kuwait, opening its first office in Kuwait City through its licensed entity, XS Online. This move highlights the company’s ambition to strengthen its MENA market footprint while serving traders with innovative financial solutions.

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