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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
Sydney, Australia 2010 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
Johannesburg, South Africa 2012 FSB (South Africa) 0.01 400:1 45
Belmopan, Belize 2001 IFSC (Belize) 0.01 1000:1 31
Port Vila, Vanuatu 2015 VFSC (Vanuatu) 0.01 200:1 70
Marshall Islands 2017 None 0.01 1000:1 49
Port Vila, Vanuatu 2010 VFSC (Vanuatu) 0.01 500:1 64
Kingstown, St. Vincent and the Grenadines 2006 Not Regulated 0.01 1000:1 36
Port Vila, Vanuatu 2010 VFSC (Vanuatu) 0.01 400:1 70
Sydney, Australia 2015 ASIC (Australia) 0.01 500:1 45
Melbourne, Australia 2017 ASIC (Australia), VFSC (Vanuatu), FSA (Seychelles) 0.01 500:1 52
Rarotonga, Cook Islands 2018 FSC (Cook Islands) 0.01 400:1 50
Kingstown, Saint Vincent and the Grenadines 2014 Not Regulated 0.01 500:1 63
Kingstown, Saint Vincent and the Grenadines 2020 Not Regulated 0.0001 1000:1 60
Gros-Islet, Saint Lucia 2022 Not Regulated 0.01 500:1 170
Dubai, UAE 2019 FSA (Seychelles), SCA (United Arab Emirates), FSA (St. Vincent and the Grenadines), FSU (Dominica), FSCA (South Africa) 0.01 2000:1 98
IUX
Ebene, Mauritius 2016 FSA (Saint Vincent and the Grenadines), FSCA (South Africa), FSC (Mauritius), ASIC (Australia) 0.01 3000:1 39
Bedminster, New Jersey 1999 NFA (US), CFTC (US) 0.01 50:1 91
Camana Bay, Cayman Islands 2008 CIMA (Cayman Islands) 0.01 400:1 60
st vincent and grenadines 2007 The Financial Commission 0.01 500:1 50
St. Vincent and the Grenadines 2017 Not Regulated 0.01 500:1 70
Port Louis, Mauritius 2012 FSC (Mauritius) 0.01 1000:1 54
Fomboni, Comoros 2024 Not Regulated 0.01 500:1 80
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