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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
Kingstown, Saint Vincent and the Grenadines 2009 None 0.01 1000:1 46
Auckland, New Zealand 2012 FSRP (New Zealand) 0.01 500:1 72
Villa, St Vincent and the Grenadines 2004 CRFIN (Russia), KROUFR (Russia), SVGFCA (St Vincent and the Grenadines) 0.01 1000:1 48
Port Vila, Vanuatu 2013 VSFC (Vanuatu) 0.01 600:1 84
Kingstown, St. Vincent and the Grenadines 2010 Not Regulated 0.0001 500:1 64
Rosseau Valley, The Commonwealth of Dominica 2018 Not Regulated 0.01 500:1 53
Kingstown, Saint Vincent and the Grenadines 2018 Not Regulated 0.01 500:1 55
Belmopan, Belize 2006 IFSC(Belize) 0.001 1000:1 45
Vienna, Austria 1998 None 0.01 400:1 60
Skopje, Macedonia 2015 Not Regulated 0.01 1000:1 47
Port Vila, Vanuatu 2010 VFSC (Vanuatu) 0.01 500:1 64
Kingstown, Saint Vincent and the Grenadines 2020 Not Regulated 0.0001 1000:1 60
Sydney, Australia 2009 ASIC (Australia) 0.01 500:1 45
Sydney, Australia 2008 ASIC (Australia) 0.005 200:1 54
Belize City, Belize 2007 IFSC (Belize) 0.01 200:1 33
Geneva, Switzerland 1998 FINMA (Switzerland) 0.01 200:1 52
Belize City, Belize 2010 IFSC (Belize) 0.01 200:1 38
Sydney, Australia 2004 ASIC (Australia) 0.1 100:1 28
Mahe, Seychelles 2005 None 0.01 100:1 48
Camana Bay, Cayman Islands 2004 CIMA (Cayman Islands) 0.01 500:1 24
Kingston, St Vincent and the Grenadines 2012 None 0.01 1000:1 48
Port Vila, Vanuatu 2015 VFSC (Vanuatu) 0.01 200:1 70
Camana Bay, Cayman Islands 2008 CIMA (Cayman Islands) 0.01 400:1 60
Warkworth, New Zealand 2016 VSFC (Vanuatu), FSPR (New Zealnad) 0.01 500:1 144
Sydney, Australia 2011 ASIC (Australia) 0.01 500:1 30
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