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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
st vincent and grenadines 2007 The Financial Commission 0.01 500:1 50
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
Sydney, Australia 2008 ASIC (Australia) 0.01 500:1 60
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
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
Kingstown, St. Vincent and the Grenadines 2013 FSA (St. Vincent and the Grenadines) 0.01 2000:1 62
Fomboni, Comoros 2014 MISA (Mwali) 0.01 1000:1 39
The Valley, Anguilla 2017 Not Regulated 0.01 500:1 70
Port Vila, Vanuatu 2017 VFSC (Vanuatu) 0.01 1000:1 50
Port Louis, Mauritius 2012 FSC (Mauritius) 0.01 1000:1 54
2000 None 0.1 100:1 24
Geneve, Switzerland 2009 None 0.1 400:1 16
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
Beirut, Lebanon 2011 BDL (Lebanon), CMA(Lebanon) 0.1 400:1 37
Zug, Switzerland 2003 FINMA (Switzerland) 1 50:1 160
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