COUNTRY RESEARCH

Seychelles: broker entities and regulatory evidence

Trace IC Markets, NordFX, Admirals from their recorded Seychelles entities to original sources.

FXVeritas research • primary sources • limitations kept visible

Content revision: 2026-09-29 · Editorial review: 2026-09-29

What the evidence says

This file examines 3 recorded entity examples linked to FSA: Raw Trading Ltd; MAXIMUS GLOBAL LIMITED; Admirals SC Ltd. Open each source to check identity and scope; this is not a list of firms accepting all Seychelles residents.

Official source: Raw Trading Ltd — FSA · MAXIMUS GLOBAL LIMITED — FSA · Admirals SC Ltd — FSA

What this does not establish

Entity location is not a residence-based account-opening permission. These examples retain their original source-check dates; no new licence verification is claimed.

Explore regulatory records

These links describe the named entities’ regulatory records. They are not a list of permissions available to every resident.

FSA

Entities and regulatory records

Selected evidence, not a complete market list. Names are alphabetical, not a recommendation or paid ranking.

ATFX

Provider disclosure; regulator match incomplete · Status wording: see source

Legal entity: AT Global Markets (SC) Limited
Regulatory record: FSA · SD093Official source: FSA · SD093
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD093View broker research

Admirals

Provider disclosure; regulator match incomplete · Status wording: see source

Legal entity: Admirals SC Ltd
Regulatory record: FSA · SD073Official source: FSA · SD073
What is documented: FSA: provider claim recorded; authority match incomplete. Number: SD073.
Still to check: Entity location is not a residence-based account-opening permission. These examples retain their original source-check dates; no new licence verification is claimed.

Official source: FSA · SD073View broker research

BlackBull Markets

Regulator verification incomplete · current status unconfirmed

Legal entity: BBG Limited
Regulatory record: FSA · SD045Official source: FSA · SD045
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD045View broker research

Doo Prime

Provider disclosure; regulator match incomplete · Status wording: see source

Legal entity: Doo Prime Seychelles Limited
Regulatory record: FSA · SD090Official source: FSA · SD090
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD090View broker research

Eightcap

Official legal document; regulator match incomplete · Status wording: see source

Legal entity: Eightcap International Ltd
Regulatory record: FSA · SD100Official source: FSA · SD100
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD100View broker research

Exness

Official legal document; regulator match incomplete · Status wording: see source

Legal entity: Exness (SC) Ltd
Regulatory record: FSA · SD025Official source: FSA · SD025
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD025View broker research

FP Markets

Official legal document; regulator match incomplete · Status wording: see source

Legal entity: First Prudential Markets Limited
Regulatory record: FSA · SD130Official source: FSA · SD130
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD130View broker research

FXGT

Regulator verification incomplete · recorded active

Legal entity: GT Global Ltd
Regulatory record: FSA · SD019Official source: FSA · SD019
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD019View broker research

Fusion Markets

Regulator verification incomplete · current status unconfirmed

Legal entity: Fusion Markets International
Regulatory record: FSA · SD096Official source: FSA · SD096
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD096View broker research

HFM

Provider disclosure; regulator match incomplete · Status wording: see source

Legal entity: HF Markets (Seychelles) Ltd
Regulatory record: FSA · SD015Official source: FSA · SD015
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD015View broker research

IC Markets

Matched to regulator records · Status wording: see source

Legal entity: Raw Trading Ltd
Regulatory record: FSA · SD018Official source: FSA · SD018
What is documented: FSA: authority match recorded. Number: SD018.
Still to check: Entity location is not a residence-based account-opening permission. These examples retain their original source-check dates; no new licence verification is claimed.

Official source: FSA · SD018View broker research

NAGA

Regulator verification incomplete · current status unconfirmed

Legal entity: NAGA Capital Ltd
Regulatory record: FSA · SD026Official source: FSA · SD026
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD026View broker research

NordFX

Matched to regulator records · current status unconfirmed

Legal entity: MAXIMUS GLOBAL LIMITED
Regulatory record: FSA · Identifier not recordedOfficial source: MAXIMUS GLOBAL LIMITED — FSA
What is documented: FSA: authority match recorded. Licence number not recorded.
Still to check: Entity location is not a residence-based account-opening permission. These examples retain their original source-check dates; no new licence verification is claimed.

Official source: MAXIMUS GLOBAL LIMITED — FSAView broker research

TMGM

Regulator verification incomplete · current status unconfirmed

Legal entity: Trademax Global Markets (SE) Limited
Regulatory record: FSA · SD224Official source: FSA · SD224
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD224View broker research

Tickmill

Provider disclosure; regulator match incomplete · Status wording: see source

Legal entity: Tickmill Ltd
Regulatory record: FSA · SD008Official source: FSA · SD008
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD008View broker research

XS

Regulator verification incomplete · current status unconfirmed

Legal entity: XS Ltd
Regulatory record: FSA · SD089Official source: FSA · SD089
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD089View broker research

eToro

Official legal document; regulator match incomplete · Status wording: see source

Legal entity: eToro (Seychelles) Ltd
Regulatory record: FSA · SD076Official source: FSA · SD076
What is documented: Public entity/licence records grouped by the regulator’s country.
Still to check: This does not establish resident eligibility. Check the contracting entity and access conditions separately.

Official source: FSA · SD076View broker research

Which entity does the evidence cover?

The recorded names are Raw Trading Ltd; MAXIMUS GLOBAL LIMITED; Admirals SC Ltd. Compare the exact name on your proposed agreement with the relevant record, then follow the broker profile for other group companies. A shared brand does not transfer a licence between entities.

Official source: Raw Trading Ltd — FSA · MAXIMUS GLOBAL LIMITED — FSA · Admirals SC Ltd — FSA

What still needs checking?

The sources above concern FSA. They must be read with their original dates and any activity restrictions. Ask which entity will hold your account, which products the permission covers, and whether your residence is accepted. Neither an entity address nor a website language answers these questions.

Official source: Raw Trading Ltd — FSA · MAXIMUS GLOBAL LIMITED — FSA · Admirals SC Ltd — FSA

Questions before opening an account

Does a Seychelles entity record mean I can open an account?

Entity location is not a residence-based account-opening permission. These examples retain their original source-check dates; no new licence verification is claimed.

Official source: Raw Trading Ltd — FSA · MAXIMUS GLOBAL LIMITED — FSA · Admirals SC Ltd — FSA

Official source

A consultation date records our review of the cited material, not continuous monitoring or a fresh approval of your account.

ASIC Moneysmart — Contracts for differenceRegulator / public authoritySources consulted: 2026-09-25
Raw Trading Ltd — FSARegulator / public authoritySources consulted: 2026-09-12
MAXIMUS GLOBAL LIMITED — FSARegulator / public authoritySources consulted: 2026-09-28
Admirals SC Ltd — FSABroker’s own disclosureSources consulted: 2026-09-12
FSA · SD025Broker’s own disclosureSources consulted: 2026-09-12
MAXIMUS GLOBAL LIMITED — FSARegulator / public authoritySources consulted: 2026-09-28
FSA · SD224Broker’s own disclosureSources consulted: 2026-08-19
FSA · SD100Broker’s own disclosureSources consulted: 2026-09-12
FSA · SD130Broker’s own disclosureSources consulted: 2026-09-12
FSA · SD076Broker’s own disclosureSources consulted: 2026-09-12
FSA · SD018Regulator / public authoritySources consulted: 2026-09-12
FSA · SD045Broker’s own disclosureSources consulted: 2026-08-19
FSA · SD096Broker’s own disclosureSources consulted: 2026-08-19
FSA · SD093Broker’s own disclosureSources consulted: 2026-09-12
FSA · SD026Broker’s own disclosureSources consulted: 2026-08-19
FSA · SD090Broker’s own disclosureSources consulted: 2026-09-12
FSA · SD015Broker’s own disclosureSources consulted: 2026-09-12
FSA · SD089Broker’s own disclosureSources consulted: 2026-08-19
FSA · SD008Broker’s own disclosureSources consulted: 2026-09-12
FSA · SD019Broker’s own disclosureSources consulted: 2026-09-12
FSA · SD073Broker’s own disclosureSources consulted: 2026-09-12

Continue your research

Explore all brokers for this residence

The directory includes unconfirmed records. It does not certify eligibility. Changing residence does not change your display language.

Looking for another broker?

These are research links, not additional confirmed matches for this country. A missing or unconfirmed route is not proof that a broker is unavailable.

Exness IC Markets Pepperstone