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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
Majuro, Marshall Islands 2015 Not Regulated 0.01 500:1 89
Headquarters

Majuro, Marshall Islands

Regulation

Not Regulated

Belize City, Belize 2009 IFSC (Belize) 0.01 2000:1 36
Headquarters

Belize City, Belize

Regulation

IFSC (Belize)

Roseau Valley, Dominica 2011 Not Regulated 0.01 1000:1 40
Headquarters

Roseau Valley, Dominica

Regulation

Not Regulated

Sydney, Australia 2009 ASIC (Australia) 0.01 500:1 45
Belize City, Belize 2010 Not Regulated 0.01 400:1 109
Geneva, Switzerland 1998 FINMA (Switzerland) 0.01 200:1 52
Limassol, Cyprus 2008 Not Regulated 0.01 2000:1 134
Belize City, Belize 2010 IFSC (Belize) 0.01 200:1 38
Gros-Islet, Saint Lucia 2008 Not regulated 0.01 1000:1 33
Gibraltar 2010 FSC (Gibraltar) 0.01 200:1 46
Cayman Islands 2013 ASIC (Australia) 0.01 100:1 58
Mahe, Seychelles 2010 SIBA (Seychelles) 0.01 500:1 135
Mahe, Seychelles 2005 None 0.01 100:1 48
Melbourne, Australia 2013 ASIC (Australia) 0.01 400:1 62
Camana Bay, Cayman Islands 2004 CIMA (Cayman Islands) 0.01 500:1 24
Kingstown, St. Vincent and the Grenadines 2011 None 0.01 500:1 43
Kingston, St Vincent and the Grenadines 2012 None 0.01 1000:1 48
Sydney, Australia 2010 ASIC (Australia) 0.01 200:1 40
Sydney,Australia 2013 ASIC (Australia) 0.01 200:1 40
Auckland, New Zealand 2012 FSRP (New Zealand) 0.01 500:1 72
Beirut, Lebanon 2011 BDL (Lebanon), CMA(Lebanon) 0.1 400:1 37
Villa, St Vincent and the Grenadines 2004 CRFIN (Russia), KROUFR (Russia), SVGFCA (St Vincent and the Grenadines) 0.01 1000:1 48
Belmopan, Belize 2001 IFSC (Belize) 0.01 1000:1 31
Auckland, New Zealand 2014 FSPR (New Zealand) 0.01 500:1 48
Skopje, Macedonia 2015 Not Regulated 0.01 1000:1 47
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