WeTrade Capital Limited, a financial brokerage firm based in Cyprus, has received a Securities Dealer Licence from the Financial Services Authority of Seychelles. The company will operate from its registered office at the IMAD Complex in Mahé.
The approval adds to a growing list of firms licensed by the Seychelles regulator. Earlier, ICM.com, a global fintech provider, obtained a similar licence from the FSA.
Trade Nation, a forex and contracts for differences broker, also secured a licence from the authority. Moneta Markets, another CFDs provider, joined the list of FSA-regulated firms, reflecting the regulator’s continued licensing of offshore brokers.
WeTrade Holds Approvals in Multiple Jurisdictions
Earlier this year, WeTrade was authorised by the Cyprus Securities and Exchange Commission, allowing it to operate under the European Union’s passporting regime.
“We believe regulatory diversity is essential to building long-term trust with traders,” EU WeTrade’s CEO George Miltiadou said.
WeTrade now holds regulatory approvals in several jurisdictions, including Saint Vincent and the Grenadines, Cyprus, Australia, Malaysia, and Seychelles.
“By investing in regulatory oversight, we’re better able to serve our growing international client base,” Miltiadou added.
Seychelles Gains Popularity Among Financial Firms
As regulatory requirements in major financial centers become more complex and costly, many online brokers and crypto firms are turning to jurisdictions with clearer rules and operational efficiency.
Seychelles is gaining recognition as a viable location for online trading and virtual asset services. The jurisdiction offers a territorial tax system exempting foreign income from tax, no capital gains or dividend withholding taxes, a hybrid legal system, and a dedicated framework for virtual asset service providers.
It also allows full capital repatriation, privacy protections, and multilingual incorporation. Its time zone supports global operations. Increasingly, Seychelles is viewed as a flexible and compliant base for regulated financial companies.
