XS.com Strengthens Offshore Presence with a New Mauritius Licence

Wednesday, 20/08/2025 | 05:34 GMT by Arnab Shome
  • The broker already holds licences from other offshore jurisdictions like Seychelles and Labuan.
  • It will use the new licence to “serve global clients.”
A flag of Mauritius
A flag of Mauritius

XS.com has strengthened its offshore presence by obtaining a licence from the regulator in Mauritius, which the contracts for differences (CFDs) broker highlighted as a “strategic move.”

XS.com’s Offshore Push

Announced today (Wednesday), the broker stressed that the licence from the Financial Services Commission (FSC) will allow it to serve its global clients.

Mohamad Ibrahim, Group CEO at XS.com
Mohamad Ibrahim, Group CEO at XS.com

“This new licence not only solidifies our presence in the financial services industry but also aligns with our core principles of prioritising regulatory compliance and delivering exceptional service,” said Mohamad Ibrahim, the Group Chief Executive Officer at XS.com.

XS.com was established in Australia in 2010, and since then the broker has obtained several regulatory authorisations from authorities in Australia, Cyprus, Seychelles, Labuan, South Africa, Kuwait, and now Mauritius.

FinanceMagnates.com reported last month that the broker opened a new office in Kuwait with a local partnership, making it a central customer support and market development base.

A Preferred Offshore Destination

Mauritius has long been a popular jurisdiction for CFD brokers to set up their offshore businesses. Several big and small brokers operate with Mauritius licences. Some of the well-known brands holding Mauritius licences are ActivTrades, ATFX, Deriv, Exness, Hantec Markets, XM, and many more.

Recently, EC Markets, another CFDs broker, also opened an office in Mauritius.

Apart from the regulatory approvals, XS.com is also streamlining its technology and core offerings. The broker recently partnered with technology provider Centroid Solutions to expand access to its liquidity services for retail brokers worldwide.

XS.com has strengthened its offshore presence by obtaining a licence from the regulator in Mauritius, which the contracts for differences (CFDs) broker highlighted as a “strategic move.”

XS.com’s Offshore Push

Announced today (Wednesday), the broker stressed that the licence from the Financial Services Commission (FSC) will allow it to serve its global clients.

Mohamad Ibrahim, Group CEO at XS.com
Mohamad Ibrahim, Group CEO at XS.com

“This new licence not only solidifies our presence in the financial services industry but also aligns with our core principles of prioritising regulatory compliance and delivering exceptional service,” said Mohamad Ibrahim, the Group Chief Executive Officer at XS.com.

XS.com was established in Australia in 2010, and since then the broker has obtained several regulatory authorisations from authorities in Australia, Cyprus, Seychelles, Labuan, South Africa, Kuwait, and now Mauritius.

FinanceMagnates.com reported last month that the broker opened a new office in Kuwait with a local partnership, making it a central customer support and market development base.

A Preferred Offshore Destination

Mauritius has long been a popular jurisdiction for CFD brokers to set up their offshore businesses. Several big and small brokers operate with Mauritius licences. Some of the well-known brands holding Mauritius licences are ActivTrades, ATFX, Deriv, Exness, Hantec Markets, XM, and many more.

Recently, EC Markets, another CFDs broker, also opened an office in Mauritius.

Apart from the regulatory approvals, XS.com is also streamlining its technology and core offerings. The broker recently partnered with technology provider Centroid Solutions to expand access to its liquidity services for retail brokers worldwide.

About the Author: Arnab Shome
Arnab Shome
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About the Author: Arnab Shome
Arnab is an electronics engineer-turned-financial editor. He entered the industry covering the cryptocurrency market for Finance Magnates and later expanded his reach to forex as well. He is passionate about the changing regulatory landscape on financial markets and keenly follows the disruptions in the industry with new-age technologies.
  • 7213 Articles
  • 130 Followers

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