Financial Q&A

Is FSA Seychelles a legit regulator?

Richard Wilson#90

1 month before

The Financial Services Authority (FSA) in Seychelles is an offshore regulator. It does issue licenses, but its oversight and enforcement standards are limited compared to major regulators like FCA or ASIC. Many offshore brokers use FSA Seychelles to operate with higher leverage and fewer restrictions. While it is a legitimate registration, it provides minimal investor protection. Traders using FSA Seychelles brokers face higher risk of disputes and difficulties with withdrawal complaints. It is advisable to prioritize brokers regulated in stronger jurisdictions.