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ESMA (European Securities and Markets Authority) has introduced new stringent / draconian regulations for Forex Brokers who are regulated within the European Union. These restrictions greatly impact the amount of leverage a retail trader can access when trading Forex or CFD's with these brokers that are regulated in an EU country (including the United Kingdom - FCA). For more information and an explanation of these new regulations, please see this ESMA Regulations article.

Below is a list of Forex Brokers that are not regulated within the EU's jurisdiction and are therefore not subject to the new ESMA regulations - which means that EU citizens can still access non-esma restricted leverages and margins. In generating this list, we have used the best knowledge at hand to us and believe in it's accuracy, however due to the continually changing regulatory environment, it is still best practice to first check with a broker as to their ESMA compliance requirements before signing up with them.

non esma forex brokers

Compare Forex Brokers FX Broker Headquarters HQ Founded Regulation Min Contract Max Lev #Pairs ECN
Belize City, Belize 2009 IFSC (Belize) 0.01 2000:1 36
Headquarters

Belize City, Belize

Regulation

IFSC (Belize)

Rodney Bay, Saint Lucia 2024 FSRA (St. Lucia) 0.01 2000:1 41
Headquarters

Rodney Bay, Saint Lucia

Regulation

FSRA (St. Lucia)

Sofia, Bulgaria 2024 FSRA (St. Lucia) 0.01 2000:1 100
Headquarters

Sofia, Bulgaria

Regulation

FSRA (St. Lucia)

Batumi, Georgia 2023 Not Regulated 0.01 1000:1 77
Headquarters

Batumi, Georgia

Regulation

Not Regulated

Funchal Ma, Portugal 2023 MISA (Mwali) 0.01 1000:1 59
Gros-Islet, Saint Lucia. 2014 FSRA (St. Lucia) 0.01 2000:1 61
Ebene, Mauritius 2015 FSC (Mauritius), ASIC (Australia), FSA (Seychelles), FSCA (South Africa ) 0.01 1000:1 55
Auckland, New Zealand 2014 FMA (New Zealand), FSA (Seychelles) 0.01 500:1 100+
Castries, Saint Lucia 2016 FSRA (St. Lucia) 0.01 1000:1 41
Belmopan, Belize 2009 IFSC (Belize) 0.01 2000:1 28
Tortola, British Virgin Islands 2007 FSC (British Virgin Islands) 0.01 2000:1 46
Kingstown, St. Vincent and the Grenadines 2011 Not Regulated 0.01 500:1 44
Roseau Valley, Dominica 2011 Not Regulated 0.01 1000:1 40
Sofia, Bulgaria 2022 MISA (Mwali) 0.01 1000:1 49
Kingstown, Saint Vincent and the Grenadines 2019 Not Regulated 0.01 2000:1 36
Sydney, Australia 2009 ASIC (Australia) 0.01 500:1 45
Majuro, Marshall Islands 2005 None 0.01 1000:1 50
Auckland, New Zealand 1999 FMA (New Zealand) 0.01 300:1 70
Gros-Islet, Saint Lucia 2008 FSRA (St. Lucia), FSC (Mauritius), FSA (Seychelles) 0.01 1000:1 33
Gibraltar 2010 FSC (Gibraltar) 0.01 200:1 46
Cayman Islands 2013 ASIC (Australia) 0.01 100:1 58
Vienna, Austria 1998 None 0.01 400:1 60
Tortola, British Virgin Islands 2006 FSC (British Virgin Islands) 0.01 400:1 47
Podgorica, Montenegro 2005 CCM (Montenegro) 0.01 500:1 45
Mahe, Seychelles 2010 SIBA (Seychelles) 0.01 500:1 135
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