How to buy stocks and ETFs in Mauritius
There are two main categories of stocks and ETFs that we can buy from Mauritius:
Local stocks and ETFs listed on the Stock Exchange of Mauritius (SEM). These are in Rs and focus on Mauritian companies.
International stocks and ETFs (like US or global ones). These can still be purchased through the same local brokers or you can access them through international platforms that accept Mauritians.
Choosing a local broker
The SEM maintains a list of licensed and regulated Mauritian brokers. But here are the most common and trusted brokers that provide access to both Mauritian and international stocks and ETFs:
MCB Securities – a part of of MCB Bank
SBM Securities – a part of SBM Bank
AXYS Stockbroking Ltd – based in Ébène
Swan Securities Ltd – based in Port Louis
Choosing an international broker
Some international brokers also accept Mauritian residents. Two commonly used options are:
Interactive Brokers – based in the US
MEXEM – based in Cyprus
Both of these brokers offer online services (you could sign up from the comfort of your home).
Pou résumé
You can invest in both local and international stocks and ETFs. Buying from local brokers will probably feel simpler and more familiar (especially for beginners). But international platforms offer broader market access (more variety).
If you’re just starting out, many people find it easier to begin with a local broker in Rs, then explore international options later as their confidence grows.