Axi has expanded its regulatory footprint by obtaining a license in Mauritius, a move that signals continued interest among brokers in offshore jurisdictions. The newly acquired license allows the company to operate as a full-service investment trader.
Mauritius approval confirmed
Axi Markets (Mauritius) Limited obtained an SEC-2.1B Investment Dealer License on May 14, 2026. This authorization, which was confirmed to Finance Magnates by a representative from the company, allows the firm to operate as a full-service dealer, excluding underwriting activities.
The approval also appears in the official register of licensees maintained by the Financial Services Commission (FSC) of Mauritius. The regulatory body supervises non-banking financial services and establishes jurisdiction as an international financial centre.
Continue reading: Edgewater Markets obtains Mauritius license after expanding into the Gulf region
Axi is also licensed in a number of other major jurisdictions, according to disclosures on its company and support pages. The broker notes that its London operations are authorized by the UK Financial Conduct Authority, describing Axi Group as a multi-licensed provider on its UK page. Its Dubai business is operated through AxiCorp Financial Services Pty Ltd (DIFC Branch), which holds a Category 4 license with “retail” permissions from the Dubai Financial Services Authority.
Additionally, Axi’s global timeline indicates that it has registered a new company in Cyprus that is licensed and regulated by the Cyprus Securities and Exchange Commission, positioning Cyprus as a relatively new regulatory centre. center For its operations facing the European Union.
Beyond these onshore centres, Axi also discloses an offshore registration in Saint Vincent and the Grenadines through AxiTrader Limited.
Mauritius is gaining traction
Mauritius is increasingly positioning itself as an attractive offshore hub for brokers, driven by low banking and payment friction coupled with a supportive regulatory environment.
last month, Deriv opened a physical office in the island nationtwo years after obtaining a license from the Financial Services Commission (FSC), as the move is also in line with its broader strategy to put artificial intelligence at the center of its operations, reflecting broader industry shifts.
Not all brokers are like that Double the expansion abroad. AETOS has closed its offshore CFD brokerage operations under its licensed entity in Mauritius, and halted the onboarding of new clients as part of a broader strategic review. The move follows the previous broker’s decision to relinquish its FCA license in the UK and dissolve its UK entity.
This article was written by Jared Kirroy at www.financemagnates.com.
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