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TabTrade regulation: what happens if the firm fails

The licence is what decides where your money sits and who is obliged to do something about it. Here is who licenses TabTrade and what the protections are.

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

The licence is what decides where your money sits and who is obliged to do something about it.

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 client money segregated at TabTrade?

Yes. TabTrade holds client money separately from its own funds, at Top-tier banks.

Does TabTrade offer negative balance protection?

Negative balance protection at TabTrade is recorded as: No.

Is there a compensation scheme at TabTrade?

TabTrade's compensation scheme is recorded as: No statutory investor compensation scheme. A scheme covers the broker failing, not losses on your trades.

Regulation at brokers under the same regulator

More about TabTrade