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Affiliate Disclosure
Affiliate Disclosure adheres to strict guidelines to preserve editorial integrity to help you make decisions with confidence. Some of the reviews and content we feature on this site are supported by affiliate partnerships from which this website may receive money. This may impact how, where and which companies / services we review and write about. Our team of experts work to continually re-evaluate the reviews and information we provide on all the top Forex / CFD brokerages featured here. Our research focuses heavily on the broker’s custody of client deposits and the breadth of its client offering. Safety is evaluated by quality and length of the broker's track record, plus the scope of regulatory standing. Major factors in determining the quality of a broker’s offer include the cost of trading, the range of instruments available to trade, and general ease of use regarding execution and market information.

Best Forex Brokers in Seychelles

Seychelles Forex brokers offer traders an excellent combination of a trusted regulator and a business-friendly trading environment. Many Forex brokers headquartered in countries with strict and counter-productive regulations opt for Seychelles as their international subsidiary. Our Seychelles Forex brokers review introduces competitive Forex brokers, explains how traders can start Forex trading in Seychelles, how to find the right broker for their trading requirements, and covers the risks of Forex trading.

The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Trade 1,000+ financial instruments
Experience low, competitive spreads
The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Best all around broker
High floating leverage + fast execution
The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Best ECN execution on the MT4 platform
Excellent implementation of cTrader and Smart Trader Tools
The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Superb data feeds from 66+ third-party providers & deep liquidity pools
Competitive commission-free and commission-based ECN trading accounts
The ratings shown on are determined by hours of research from our editorial team into over 10 factors, including account fees, deposit/withdrawal options, regulatory status, tradable assets, and more.
Choice of payment processors, including cryptocurrencies & instant deposits
Competitive trading fees in the Multibank ECN account

  • Eightcap, Competitive pricing + excellent daily videos.
  • FXTM, Best all-around broker with high floating leverage and fast execution.
  • Pepperstone, Great ECN execution on MT4 platform.
  • BlackBull Markets, Best ECN trading environment, with scalping and hedging.
  • MultiBank Group, Deep liquidity with no trading restrictions.

Best Seychelles Brokers Comparison

Year Established
Execution Type(s)
ECN/STP, Market MakerECN/STP, Market MakerNo Dealing Desk, NDDECN/STP, No Dealing DeskECN/STP
Minimum Deposit
Average Trading Cost EUR/USD
1.0 pips0.1 pips1.1 pips1.3 pips0.1 pips
Average Trading Cost GBP/USD
1.2 pips0.2 pips1.6 pips2.0 pips0.5 pips
Average Trading Cost Gold
$0.12 $0.18 $0.20 $0.90 $0.02
Trading Platform(s)
MetaTrader 4, MetaTrader 5, Trading ViewMetaTrader 4, MetaTrader 5, Proprietary platformMetaTrader 4, MetaTrader 5, cTrader, Trading ViewMetaTrader 4, MetaTrader 5, Trading ViewMetaTrader 4, MetaTrader 5, cTrader
Islamic Account
Negative Balance Protection


In Summary Competitive pricing + excellent daily videos

Eightcap established itself among the best Forex brokers due to its superb trading infrastructure, excellent order execution amid deep liquidity, competitive fees, and cutting-edge trading tools. Manual traders get a well-designed AI-powered economic calendar, and Eightcap upgrades MT4 via Capitalise AI, which enables algorithmic trading in a code-free environment. MT5 traders benefit from Flash Trader, while the dedicated cryptocurrency solution Crypto Crusher caters to cryptocurrency traders.

Copy traders get the embedded MT4/MT5 services, and Eightcap connects social traders to the active TradingView community. Beginner traders get an outstanding educational and research offering via Eightcap Labs and Eightcap Trade Zone.

Read more on Eightcap »
4.9/5 in this category

Pros & Cons

  • Low minimum deposit and high leverage of up to 1:500
  • Competitive cost structure
  • Excellent technology infrastructure and seasoned management team
  • Daily research and quality educational content
  • Limited leverage in some areas


In Summary Best all-around broker with high floating leverage and fast execution

We have made FXTM one of our top-rated brokers because in addition to its lengthy track record, it enjoys a very high level of regulation and reputation, and it offers a highly competitive fee structure which tends to keep down the cost of trading.

Read more on FXTM »
4.7/5 in this category

Pros & Cons

  • Excellent commission-based Forex pricing environment and transparency
  • Upgraded MT4/MT5 trading platforms plus proprietary mobile trading app
  • Quality market research and educational content for beginner traders
  • A highly regulated broker with a tier-1 license
  • No cryptocurrencies and limited choice of commodities


In Summary Great ECN execution on MT4 platform

Pepperstone, founded in 2010 and headquartered and regulated in Australia, the U.K., and Dubai, is probably the most well-known ECN Forex broker in the world. As an ECN broker, Pepperstone offer raw spreads and low commissions. Taken together, Pepperstone’s “Razor” account offers one of the most competitive costs of trading in Forex that you will find anywhere. In addition to their global headquarters in Australia, Pepperstone also have presences in London, England, where they enjoy full regulation by the Financial Conduct Authority (FCA), and in Dubai, where they are regulated by the Dubai Financial Services Authority (DFSA).

Read more on Pepperstone »
4.5/5 in this category

Pros & Cons

  • Excellent choice of trading platforms consisting of MT4/MT5, and cTrader
  • Market-leading MT4/MT5 upgrade package, Autochartist, and API trading
  • Social trading support via Myfxbook, MetaTrader Signals, and DupliTrade
  • Leverage of up to 1:30 and superb trade execution
  • Demo accounts have 30-day time limits

BlackBull Markets

In Summary Best ECN trading environment, with scalping and hedging

BlackBull Markets offer the most advanced trading environment among Seychelles Forex brokers. Traders can rely on the MT4/MT5 trading platforms, which get the Autochartist upgrade. Advanced algorithmic traders can connect their trading solutions via API, while VPS hosting delivers 24/5 low latency market access. The asset selection of 26,000+ trading instruments supports in-depth portfolio diversification, including physical investments.

Copy traders can use the embedded MT4/MT5 services, the proprietary BlackBull Markets alternative, ZuluTrade, and Myfxbook Autotrade. Social traders can connect their trading accounts to TradingView, trade directly from charts, and engage with 50M+ traders to share and discuss trades.

Read more on BlackBull Markets »
4.3/5 in this category

Pros & Cons

  • ECN/NDD execution model with deep liquidity
  • Institution-grade pricing for retail traders via proprietary price aggregation
  • ZuluTrade and Myfxbook for social trading
  • Leverage of up to 1:500
  • Limited deposit options

MultiBank Group

In Summary Deep liquidity with no trading restrictions

MultiBankFX complies with 10 regulators and operates offices in 20 countries, ensuring clients have an unmatched global network with deep liquidity pools across major financial centers and in core emerging markets. Traders get the MT4/MT5 trading platforms, which fully support algorithmic trading, and a proprietary copy trading service. The asset selection consists of 55+ currency pairs and 20,000+ equity CFDs and ETFs, while cryptocurrency traders get eleven highly liquid coins. MAM/PAMM accounts cater to traditional retail account management, VPS hosting to algorithmic traders, and FIX API trading to advanced trading requirements featuring custom solutions. A high-paying partnership program also exists.

Read more on MultiBank Group »
4.2/5 in this category

Pros & Cons

  • 20,000 assets offering broad coverage of financial markets
  • Raw spreads from 0 pips and maximum leverage of 1:500
  • MAM/PAMM accounts and proprietary copy trading platform
  • ECN trading with deep liquidity and no requotes
  • Access to raw spreads requires a $5,000 minimum deposit on the ECN account

Forex Trading in Seychelles

Forex trading in Seychelles is legal, and Seychelles Forex brokers rank among the most trusted and competitive Forex brokers. Despite the popularity of Seychelles as a Forex trading haven for international brokers, domestic demand remains limited. As Seychelles attempts to diversify away from its dependence on tourism and its rise in the services sector, Forex trading is likely to expand, for which a world-class infrastructure exists.

Forex Regulations in Seychelles

The Financial Services Authority (FSA) regulates Seychelles Forex brokers. It emerged as a leading Forex regulator due to its business-friendly approach and trusted regulatory oversight. Many Forex brokers in strict and counter-productive regulatory jurisdictions like CySEC, FCA, and ASIC opt for Seychelles as their international headquarters.

Seychelles Forex brokers segregate client deposits from corporate funds and mandate negative balance protection for retail traders. It makes Seychelles Forex brokers safe and secure, and they rank among the most trusted Forex brokers industry wide. Some opt for additional client protection via third-party insurance policies or membership with the Hong Kong-based Financial Commission, which conducts financial audits and provides an investor compensation fund of up to €20,000 per claim.

The FSA allows Seychelles Forex brokers to onboard clients with minimal data collection, ensuring a swift process compliant with AML/KYC regulations. Forex brokers can provide traders with a trusted and competitive trading environment. There are no restrictions on Seychelles Forex brokers accepting international traders.

Choosing the Right Forex Broker in Seychelles

Traders should evaluate Seychelles Forex brokers carefully to ensure they offer a competitive trading environment.

All Seychelles Forex brokers must provide traders with the following:

  • Regulation - A clean operational record exceeding ten years.
  • Low trading fees - Major currency pairs should not exceed 0.8 pips or $8.00 per 1.0 lot. Traders must also check swap rates and ensure positive ones exist on qualifying assets.
  • Trading platforms - An algorithmic trading platform is required, as 80%+ of Forex trading volumes are algorithmic.
  • Asset diversity - Traders must check if their Seychelles Forex brokers provide the necessary trading instruments for their strategy.
  • Deposits/Withdrawals - A choice of payment processors and low to no minimums allow traders to manage their portfolios and follow-on transactions.

How to Start Trading Forex in Seychelles

Traders can minimize avoidable mistakes and shorten their learning curve by considering the below tips.

Here are tips on starting trading with Seychelles Forex brokers:

1. Begin with in-depth education.

2. Master trading psychology.

3. Understand the importance of leverage and its relationship to risk management.

4. Define and follow a suitable trading strategy.

5. Deploy an appropriate risk management profile.

6. Understand the impact of trading costs.

7. Use leverage intelligently.

8. Have realistic expectations.

9. Learn how to place takes profit and stop loss levels (placing them with each order ticket represents the only instance where traders act emotionless).

Forex Trading Platforms in Seychelles

Most Seychelles Forex brokers offer MT4, the industry-leading Forex trading platform. It fully supports algorithmic trading and has an embedded copy trading service. Capitalise AI, which allows code-free algorithmic trading, is MT4 compatible. Alternatives to MT4 are MT5 and cTrader, which provide identical core functions with fewer custom features.

Some Seychelles Forex brokers deploy proprietary alternatives ideal for manual, mobile, and copy traders.

Forex Payment Methods in Seychelles

All Seychelles Forex brokers offer bank wires and credit/debit card transactions to verified traders, but many also offer low-cost alternatives.

Non-banking Forex payment methods commonly offered in Seychelles include:

  • Skrill
  • China UnionPay
  • Cryptocurrencies
  • Perfect Money
  • WebMoney
  • Localized payment apps and services for their core markets, primarily Asian, African, and Latin American solutions

Risks of Forex Trading in Seychelles

Before traders open accounts with Seychelles Forex brokers, they should understand the risks to assess if Forex trading is appropriate for them properly.

  • A fundamental misunderstanding of Forex trading, its requirements, and possibilities amid the lack of quality education, despite its availability.
  • Wrong trading mentalities due to disrespect of Forex trading as a high-skilled profession.
  • A false sense of accomplishment among beginners who rely on demo accounts as an educational tool, as they lack exposure to trading psychology.
  • Insufficient trading capital and unrealistic expectations can lead to overtrading, frustration, and inefficient trading.
  • Avoidable leveraged trading losses resulting from a lack of adequate risk management.
  • Uncompetitive trading circumstances from manual trading as 80%+ of Forex transactions are algorithmic.
  • A lack of in-depth education traps beginners in scams, and fraud.
  • Sub-standard trading conditions due to inadequate hardware, no quiet place to trade, or using mobile apps for Forex trading rather than Forex copying.
  • Promotions of unrealistic trading performances by questionable Forex brokers and affiliates.

Bottom Line

Seychelles Forex brokers rank among the most trusted and secure Forex brokers. They provide Forex traders with a competitive mix of quality regulation and trader-friendly conditions. There are no restrictions on onboarding most international traders, and the application collects minimal data while complying with global AML/KYC regulations.

Traders also benefit from innovative trading infrastructure, high-quality trading tools, and education and research for beginners.

You might also be interested in reviewing the below top brokers:


Is Forex trading legal in Seychelles?


Yes, Forex trading is legal in Seychelles, home to one of the leading Forex regulators, the Financial Services Authority (FSA).

How much is a Forex license in Seychelles?


Costs can vary dependent on the assistance required to satisfy the requirements. A minimum deposit of only $50,000 held in a local bank, two local directors, and an office are mandatory. A registration fee of $1,000 applies.

What are the Seychelles known for in trading?


The Seychelles is known in the Forex world for its capable, trusted, and business-friendly regulator, allowing brokers to provide competitive trading conditions with a hassle-free application process.

Who is the best Forex trader in Seychelles?


No data exists to answer this question with any accuracy, and sources making claims use them for marketing purposes without actual data-based proof.

How many Forex traders are there in Seychelles?


It is impossible to determine the number of Forex traders in Seychelles amid a lack of data. Seychelles is known as a hub for Forex brokers, but most clients are international. Therefore, the number of local Forex traders is likely minimal.

Can you day trade in Seychelles?


Yes, Seychelles Forex regulation has no restrictions on day trading or any other strategies.

Christopher Lewis
About Christopher Lewis

Christopher Lewis has been trading Forex for several years. He writes about Forex for many online publications, including his own site, aptly named The Trader Guy.