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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)

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

Roseau Valley, Dominica

Regulation

Not Regulated

Skopje, Macedonia 2015 Not Regulated 0.01 1000:1 47
Headquarters

Skopje, Macedonia

Regulation

Not Regulated

Kingstown, St. Vincent and the Grenadines 2010 Not Regulated 0.0001 500:1 64
Kingstown, Saint Vincent and the Grenadines 2020 Not Regulated 0.0001 1000:1 60
Belmopan, Belize 2006 IFSC(Belize) 0.001 1000:1 45
Sydney, Australia 2008 ASIC (Australia) 0.005 200:1 54
Sydney, Australia 2009 ASIC (Australia) 0.01 500:1 45
Belize City, Belize 2010 Not Regulated 0.01 400:1 109
Majuro, Marshall Islands 2005 None 0.01 1000:1 50
Bedminster, New Jersey 1999 NFA (US), CFTC (US) 0.01 50:1 91
Belize City, Belize 2007 IFSC (Belize) 0.01 200:1 33
Belmopan, Belize 2009 IFSC (Belize) 0.01 2000:1 28
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
Auckland, New Zealand 1999 FMA (New Zealand) 0.01 300:1 70
Gros-Islet, Saint Lucia 2008 Not regulated 0.01 1000:1 33
Gibraltar 2010 FSC (Gibraltar) 0.01 200:1 46
Anguilla, British West Indies 2002 None 0.01 400:1 50
Cayman Islands 2013 ASIC (Australia) 0.01 100:1 58
Vienna, Austria 1998 None 0.01 400:1 60
Tortola, British Virgin Islands 2007 FSC (British Virgin Islands) 0.01 2000:1 46
Tbilisi, Georgia 2011 NBG (Georgia) 0.01 3000:1 39
New York, United States 2007 None 0.01 400:1 24
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