fsaseychelles.sc Reviews 

Title: Extreme Delays in Offshore Oversight — Complaint #9219 (Exness SC Ltd)
> If you are relying on FSA Seychelles to safeguard your capital against offshore broker abuses, understand that their regulatory oversight is extremely slow and provides minimal real protection to retail traders.
> I submitted formal Complaint #9219 regarding Exness (SC) Ltd following a $152,549 platform execution failure. Despite providing raw server logs, timestamped screenshots proving over $36,000 in free margin, and evidence of a prior compensated precedent, the FSA’s investigation process is painfully drawn out.
> The Reality of Offshore Regulation:
> Offshore licensing frameworks like FSA Seychelles offer light-touch supervision. When platforms suffer system failures, delay withdrawals, or restrict trading accounts, traders are forced to bypass basic regulatory channels and rely on law enforcement, international cyberpolice, and court orders to seek justice.
> Traders must realize that an FSA Seychelles license is not a safety net. I demand an immediate formal update on Complaint #9219.

Do not trust any broker regulated by the Financial Services Authority (FSA) of Seychelles. This is not a regulator; it is a rubber-stamping agency that actively protects scam brokers by playing corrupt, administrative clock-killing games with victims.

I have spent over two years fighting to recover earned commissions stolen by a Seychelles-regulated broker, MarketsVox (SC) Ltd. I did everything correctly: I filed a formal complaint with the FSA, which they accepted and assigned Case Reference: CMS-COMP-2025-053.

For over a year, the FSA’s Supervision department, specifically Officer Deborah Madeleine, stalled my case. She repeatedly sent emails asking me to "wait" while they "investigated and compiled evidence."

Then, on May 19, 2026, the FSA Secretariat sent a shocking boilerplate email claiming they cannot "on-board" my complaint because the occurrence has exceeded the three-year limit under Section 36(2) of the Financial Consumer Protection Act.

This is an absolute regulatory scandal:

They sat on my timely-filed complaint for over a year.

They used their own deliberate administrative delays as a weapon to let the three-year statute of limitations run out.

They are trying to reward the scam broker for stalling by erasing a valid, active case.

OFFICIAL ESCALATION IN PROGRESS

I am not letting them get away with this corruption. Because the FSA has failed in its duties, I have officially bypassed Ms. Deborah Madeleine and the "Secretariat 9" team. I have filed formal escalations to:

The Seychelles Ombudsman (Mr. George Robert): To investigate the FSA's gross administrative malpractice and bad faith delay tactics.

The Ministry of Finance, National Planning and Trade: To expose how the FSA is actively damaging the country's financial reputation by shielding fraudulent brokers.

If you are an international investor, stay away from any broker under FSA Seychelles regulation. If your broker steals your money, the FSA will not help you. They will stall, promise you an investigation, and then blow a corrupt whistle at the last second to throw your case out.

FSA Seychelles is a danger to global financial markets.
Case Reference for Verification: CMS-COMP-2025-053