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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
Port Vila, Vanuatu 2010 VFSC (Vanuatu) 0.01 400:1 70
Sydney, Australia 2015 ASIC (Australia) 0.01 500:1 45
Sydney, Australia 2008 ASIC (Australia) 0.01 500:1 60
Kingstown, St. Vincent and the Grenadines 2010 Not Regulated 0.0001 500:1 64
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 2018 Not Regulated 0.01 500:1 55
Kingstown, Saint Vincent and the Grenadines 2020 Not Regulated 0.0001 1000:1 60
Port Louis, Mauritius 2012 FSC (Mauritius) 0.01 1000:1 54
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
Anguilla, British West Indies 2002 None 0.01 400:1 50
2000 None 0.1 100:1 24
Geneve, Switzerland 2009 None 0.1 400:1 16
New York, United States 2007 None 0.01 400:1 24
Sydney, Australia 2004 ASIC (Australia) 0.1 100:1 28
Atlantida, Honduras FSA (Honduras) 0.1 200:1 34
Kowloon, Hong Kong 2001 ASIC (Australia), SFC (Hong Kong), FSPR (New Zealand) 0.1 100:1 32
Mahe, Seychelles 2005 None 0.01 100:1 48
Zug, Switzerland 2003 FINMA (Switzerland) 1 50:1 160
Chicago, United States 1999 NFA (US), FINRA (US) 0.01 50:1 121
Kingstown, St. Vincent and the Grenadines 2011 None 0.01 500:1 43
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