TP ICAP Expands Global Reach with Acquisition of Vantage Capital Markets
TP ICAP reaches acquisition agreement to acquire Vantage Capital Markets, aiming to strengthen its position in equity derivatives and fixed income.
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Abstract:XS.com gains Mauritius FSC license, reinforcing its global growth strategy and commitment to strong regulatory compliance in forex trading.

XS.com has secured a license from the Financial Services Commission (FSC) in Mauritius, a move that underscores its strategy of entering regulated markets and bolstering investor trust.
The approval from Mauritius top financial regulator adds another layer of credibility to the global multi-asset broker. Founded in 2010 and headquartered in Cyprus and the UAE, XS.com has steadily built a reputation for regulatory compliance in forex trading — an area where oversight is often as important as technology or pricing.
The FSC, established in 2001, is widely recognized for its efforts to promote Mauritius as a trusted hub for international financial services. Its framework focuses on investor protection, transparency, and crime prevention within the non-bank financial sector.
XS.coms Group CEO, Mohamad Ibrahim, described the license as part of a long-term strategy:
“We are delighted to expand into Mauritius under strong regulatory supervision. Our priority remains building a trusted environment where clients can access competitive trading solutions with confidence.”

With the Mauritius authorization, XS.com now operates under multiple regulators across diverse markets. These include the:
This broad regulatory footprint allows XS.com to serve clients across Europe, the Middle East, Africa, and Asia, making it one of the brokers with the widest international presence.
The Mauritius license follows the brokers recent launch in Kuwait, where it opened its first local office. Together, these developments highlight a clear strategy: rather than chasing volume in unregulated regions, XS.com is prioritizing markets with strong financial supervision.
Industry experts note that this trend reflects a maturing forex trading sector, where license credibility can be as critical as execution speed in attracting serious traders.
Established in Australia in 2010, XS.com has grown into a global multi-asset broker offering access to forex, indices, commodities, and digital assets. Now operating under multiple financial authorities, it emphasizes security, compliance, and client-centric services across its growing global network.
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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