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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, St Vincent and the Grenadines 2013 FSA (St. Vincent and the Grenadines), ASIC (Australia) 0.01 500:1 65
Mahé, Seychelles 2023 Not Regulated 0.01 500:1 68
Sydney, Australia 2008 ASIC (Australia) 0.005 200:1 54
Geneva, Switzerland 1998 FINMA (Switzerland) 0.01 200:1 52
Anguilla, British West Indies 2002 None 0.01 400:1 50
Tbilisi, Georgia 2011 Not regulated 0.01 3000:1 44
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
Camana Bay, Cayman Islands 2004 CIMA (Cayman Islands) 0.01 500:1 24
Skopje, North Macedonia 2015 Not Regulated 0.01 1000:1 47
Fomboni, Comoros 2014 MISA (Mwali) 0.01 1000:1 39
Port Vila, Vanuatu 2017 VFSC (Vanuatu) 0.01 1000:1 50
Kingstown, St Vincent & the Grenadines 2022 Not Regulated 0.01 1000:1 18
4XC
Rarotonga, Cook Islands 2018 FSA (Cook Islands) 0.01 500:1 60
Sydney, Australia 2011 ASIC (Australia), FSCA (South Africa), FSA (Saint Vincent and the Grenadines) 0.01 500:1 62
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