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TabTrade regulation and how it scores
Regulation carries the heaviest weight in the score, which is why it is scored first. Here is TabTrade's licensing and the protections behind it.
Facts last checked . Read the full TabTrade review.
Regulation and safety
- Regulated by
- Financial Services Commission Mauritius (FSC), Investment Dealer (Full Service Dealer, excluding Underwriting), Licence GB26206419
- Regulator tier
- Tier 2
- Register entry
- FSC Mauritius Online Public Register
- Client money segregated
- Yes
- Held at
- Top-tier banks
- Negative balance protection
- No
- Compensation scheme
- No statutory investor compensation scheme
- Audited by
- Independent external auditors
- Not available to
- Australia, New Zealand, United States, Iran, North Korea, FATF/UN-sanctioned jurisdictions and jurisdictions where services would contravene local law
Check the licence yourself: the Mauritius FSC register of licensees.
What this means
Regulation carries the heaviest weight in the score, which is why it is scored first.
TabTrade's licence is offshore (FSC). Offshore entities typically offer higher leverage and lighter reporting, and compensation schemes do not apply - the trade-off is protection, not price.
An FSC licence (Mauritius or Belize, depending on the entity) is an offshore authorisation with lighter reporting duties than a tier-one regulator.
Client money is held separately from the firm's own money, at Top-tier banks. That separation is what makes your balance recoverable if the company fails, rather than part of the pool its creditors divide up.
There is no negative balance protection. In a fast market a position can gap straight through your stop, and without this the resulting debt is legally yours - you can lose more than you deposited.
Covered by No statutory investor compensation scheme, which pays eligible clients up to its limit if the firm fails owing client money.
Questions about TabTrade regulation
Is TabTrade tier-one regulated?
TabTrade's strongest licence is recorded as Tier 2.
Who regulates TabTrade?
TabTrade is regulated by Financial Services Commission Mauritius (FSC), Investment Dealer (Full Service Dealer, excluding Underwriting), Licence GB26206419.
Does TabTrade offer negative balance protection?
Negative balance protection at TabTrade is recorded as: No.
Regulation at brokers under the same regulator
- Eightcap regulation also licensed by FSC (Mauritius)
- Exness regulation also licensed by FSC (Mauritius)
- HF Markets regulation also licensed by FSC (Mauritius)
- FXTM regulation also licensed by FSC (Mauritius)
- GO Markets regulation also licensed by FSC (Mauritius)