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FSC Regulated Forex Brokers with the Lowest Deposit

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The Financial Services Commission (FSC) in Mauritius is one of forex broker's regulatory agencies from an offshore jurisdiction. Similar to many offshore regulatory agencies, FSC Mauritius is attractive to a lot of forex brokers as the license is much cheaper compared to other onshore forex licenses. The availability of an offline representative in Mauritius is also quite favorable to some brokers as the country is located near Europe.

Some forex brokers licensed under FSC Mauritius not only accepting clients from many countries, but also offering low deposits. Though having lots of money in a trading account is highly promising, starting to trade with a small deposit is best recommended, especially for beginners. Here is a list of FSC regulated forex brokers with the lowest deposit to relieve your trading from high risks and the pressure of managing an account with a big balance.

 

SELECT * FROM data_broker,rating_broker_rekap where data_broker.id_data_broker = rating_broker_rekap.id_data_broker and regulation like '%fsc%' and broker IN ( 'Exness', 'HFX Internasional Berjangka', 'Maxco', 'Finex', 'FBS', 'IC Markets', 'Octa', 'RoboForex', 'XM', 'HF Markets', 'Pepperstone', 'Admirals', 'AvaTrade', 'ThinkMarkets', 'LiteFinance', 'eToro', 'FXOpen', 'InstaForex', 'FP Markets', 'FXTM', 'Forex4You', 'FirewoodFX', 'Vantage Markets', 'FIBOGroup', 'BDSwiss', 'JustMarkets', 'Tickmill', 'FxPro', 'MTrading', 'Grand Capital', 'Blueberry Markets', 'Blaze Markets', 'easyMarkets', 'Fxview', 'GOMarkets', 'Interactive Brokers', 'FXGT', 'Dukascopy', 'DeltaStock' )

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Additional FAQ

The biggest pull factor for a forex brokerage company to get a Mauritius FSC license is the fact that it is a lot cheaper when compared to a European forex license. Unlike other jurisdictions, the FSC Mauritius allows forex brokers to offer higher leverage.

Mauritius is one of the few places that enforce the lowest tax obligation, which makes it attractive for many forex businesses to conduct the financial transaction in this jurisdiction. The other reason forex brokers choose Mauritius is that because it is not a blacklisted country.

Continue Reading at 3 FSC Forex Regulations That You Should Know

E-wallets are much faster and even guarantee instant payments than other payment methods. Furthermore, forex brokers tend not to charge additional commission fees for depositing via e-wallet. As for withdrawals, the fees are still relatively lower than other methods. When your broker scams you, the e-wallet company can be the third party in the dispute without costing you extra money.

Continue Reading at 5 Top E-Payments for Forex Deposit and Withdrawal

  1. IC Markets: If you fund your capital using Skrill on IC Markets, it will be processed instantly, but they only accept AUD, USD, JPY, EUR, SGD, and GBP currencies.
  2. FP Markets: In this broker, Skrill payments only accept USD, EUR, and GBP currencies.
  3. FBS: Skrill deposits are free, but there's a 1% commission for withdrawals.
  4. HF Markets: The minimum deposit is $10 and will be processed within 10 minutes with no fee.
  5. OctaFX: If you keep your funds in your Skrill account in Euro, depositing the OctaFX Euro account requires no conversion.
  6. Vantage: Payment using Skrill in this broker only accepts USD, EUR, GBP, and CAD currencies that will be processed within 24 business hours.

Continue Reading at Skrill for Forex Traders: Benefits and Brokers to Choose

Since ADSS is the only forex broker supporting this payment method at the time of this writing, we'd use the broker's deposit steps to guide you:

  1. Log in to your ADSS trading account and head over to the Client Portal. Click on "Deposit".
  2. Scroll down and hit the "UAEPGS" button.
  3. Enter the amount of deposit and click "Make Payment".
  4. Check your payment details and click "Confirm".
  5. The system will direct you to the UAE Central Bank Payment Gateway page.
  6. Choose your bank and the product as "Retail Banking", then click "Submit".
  7. Accept the terms and conditions and click "Submit".
  8. You will be redirected to your online banking page. Then, log in using your internet banking user credentials.
  9. Pick your preferred payment method, review the details, and click "Next".
  10. Review your payment details once again and click "Confirm".
  11. Enter the OTP codes sent by your bank to your mobile number or email address.
  12. You will see the payment confirmation message from your bank. Please wait for the page to redirect back to your ADSS client portal.
  13. You will see the payment details of your UAEPGS gateway transaction. Click "Close" to go back to your ADSS Client Portal main page.
  14. In order to check the progress of your deposit, click "Accounts" from the top menu and choose the "Funding and Withdrawals" tab.
  15. You may notice that your latest transaction's status is pending. Please check back within 30 minutes to ensure that the amount is successfully credited to your account.
  16. Once the money is available in your account, you'll immediately be able to use it for trading on the broker's platform.

Continue Reading at Guide to Instant Deposit on ADSS for UAE Traders

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