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Mauritius' FSC grants Libertex prestigious "Investment Dealer" licence

Mon, 12/11/2023 - 14:53

Libertex is thrilled to announce it has been awarded the reputable "Investment Dealer" (Full Service Dealer, excluding Underwriting) licence by the Financial Services Commission (FSC) of the Republic of Mauritius. This will put the Libertex brand under the supervision of yet another one of the world's most reputable and stringent regulators. 

On top of the added credibility and trust this new status will bring to Libertex worldwide, regulation by the Mauritius FSC also brings several advantages for the broker's clients. Regulation by one of the most forward-thinking regulatory bodies, the Financial Services Commission of Mauritius, means that Libertex's clients can be even more confident about their investments being held to some of the highest legal and regulatory standards in the world. At the same time, clients can enjoy additional peace of mind in knowing that their deposits and portfolios are kept secure and in line with all applicable laws. 

More specifically, Libertex clients can rest assured that their funds are kept segregated from Libertex's working capital, ensuring that their funds will always be accessible and unaffected at any time. What's more, because FSC-regulated brokers are required to provide transparent and timely market information, Libertex clients should always know that they are trading on a level playing field and not with a market maker. Finally, since regulated brokerages are obliged to adhere to strict AML and KYC requirements, the Mauritius FSC Investment Dealer licence makes Libertex a solid choice for both retail and professional traders.

Speaking on this important milestone, Libertex Group CMO Marios Chaillis had this to say: 

"We are naturally delighted to have secured this mark of approval from a gold-standard regulatory body like the Financial Services Commission of Mauritius. Without a doubt, we have always held ourselves to the strictest terms of transparency and honesty, yet it's still great to have official recognition of this fact in the form of an Investment Dealer licence from Mauritius' FSC. As always, we remain committed to providing the highest quality of service to Libertex clients, and we welcome this additional regulatory licence, which we are certain will help bolster the already-established trust and credibility that the Libertex Group has been enjoying during its 26-year history."

Libertex invites existing and prospective clients to visit and explore the vast array of underlying assets that are available to trade through its award-winning platform, now with the added protection of one of the world's leading regulatory institutions.

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