Mauritius FSC terminates license of Africa focused retail forex broker IPG Markets

Mauritius financial regulator The Financial Services Commission (FSC) has issued a note that IPG Markets Ltd, bearing licence number IT12000004 and having its registered address at 10th Floor, NeXTeracom Tower 1, Cybercity, Ebene has surrendered its Investment Dealer (Discount Broker) Licence in accordance with Section 28 (5) of the Financial Services Act 2007 (the “Act”) on 26 April 2016.

Pursuant to Section 28 (9) of the Act, the public is hereby notified of the termination of the Investment Dealer (Discount Broker) Licence of IPG Markets Ltd. Please note that IPG Markets Ltd no longer holds a licence from the FSC Mauritius.

IPG Markets Ltd is a financial services company offering forex, equity, and commodities trading solutions to clients mainly in Africa,  but also Asia and the Middle East.

At the time of writing, IPG Markets’ website has been taken offline, at

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