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Forex Brokers with no ESMA regulation

by Olufisayo
Forex Brokers

Forex Broker without Esma Regulations

ESMA (European Securities and Markets Authority) introduced new strict/drastic regulations for regulated Forex Brokers within the European Union. These restrictions have a significant impact on the amount of leverage that a retail trader can access when trading Forex broker or CFD 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, below you will find a list of Forex Brokers that are not regulated within the EU jurisdiction and, therefore, are not subject to the new ESMA regulations, which means that EU citizens can access leverage and margins are not permanent. In generating this list, we have used the best available information and believe in its accuracy, but due to the constantly changing regulatory environment, the best practice is still to consult with a broker about your ESMA compliance requirement.

An independent EU authority that helps protect the stability of the European Union’s financial system by improving investor protection and promoting stable and orderly financial markets.

How can I avoid ESMA regulations?

Negotiate with a broker that is not regulated by any regulator that belongs to the EU (the European Union). Another way to avoid ESMA regulations is to qualify as “Professional Clients.” Professional clients must meet at least 2 criteria of the 3 criteria below to qualify as professional clients:

  • At least 10 CFDs or Forex trades of a significant amount on average per quarter last year.
  • The cash investment portfolio and financial instruments exceed 500,000 euros.
  • Are you or are you working in the financial sector for at least one year professionally?

Best Forex brokers No ESMA Regulations:

First of all, merchants should know that the new ESMA rules are intended to protect the merchant. Many believe that the idea was driven by the SNB (Swiss National Bank), which was dropping the 1.20 pin into a EURCHF pair in early 2015. As it happened, the unprecedented adventure of the Forex retail business was almost destroyed. Several brokers participated, many retailers lost much more than the balance in their business account, and the only solution was that the brokers were covering the negative balances.



Healing time was taken and the authorities entered. Under the new ESMA rules, for example, brokers provide negative balance protection. In simple English, the merchant cannot lose more than the balance of the business account. Not bad! The levers are also limited. Up to 1:30 in most cases, and higher only if the retailer falls into the category of “professional retailers.” Depending on the conditions required to enter this category, professional retailers are likely to be at the lower end of all active merchants. Anyway, the limits are not bad for the merchant. Its objective is to protect the business account, help with the money management process.

1. FxPro Broker

FxPro is one of the largest Forex brokers. ESMA was not surprised, as they adapted quickly and are committed to responsible investment. FxPro offers four trading platforms (mt4, mt5, cTrader, and Edge) and 24/5 multilingual support for its clients.

Regulations: FxPro UK Limited authorized and regulated by the FCA (509956); FxPro Global Markets MENA Limited authorized and controlled by DFSA (F003333); FxPro Financial Services Ltd authorized and controlled by CySEC (078/07) and FSCA (45052); FxPro Global Markets is authorized and regulated by the SCB (SIA-F184).

2. AvaTrade Broker

With over eleven years of online business experience, AvaTrade offers access to more than 250 commercial instruments available. It conforms to the category of Forex broker without ESMA and, according to its popularity in Forex retailers, AvaTrade has the opportunity to become one of the most relevant players’s in the future online trading market.

Regulations: AVA Trade EU Ltd controlled by the Central Bank of Ireland (No. 53877); AVA Trade Ltd controlled by the Financial Services Commission V.I; Ava Capital Markets Australia Pty Ltd controlled by ASIC (No. 406684); Ava Marty of Capital Markets governed by the South African Financial Sector Transportation Authority (FSCA No. 45984); The Japanese trade Ava K.K. controlled by the FSA (No.1662) and the FFAJ (No. 1574).



3. CI markets Broker:

With the mission of providing the lowest possible sheets for traders, IC MARKETS is one of the Forex brokers that are not affected by ESMA. With better technology, such as DOM (market depth) and ladder trade, customers in this Australian corridor have unparalleled service seven days a week. Controlled by the ASIC and offering three trading platforms, IC MARKETS is one of the best options among retailers in Australia and not only.

Regulations: International Capital Markets Pty Ltd. approved by ASIC (AFSL no. 335692). (It does not have or does not have rights in relation to the underlying assets.

4. Admiral Markets Broker

With a global presence and flexible business accounts, ADMIRAL markets grew over time in one of the most reliable brokers in the industry. Controlled worldwide and compatible with MiFID II, this is one of the non-ESMA Forex brokers to consider when opening a trading account.

Regulations: Admiral Markets UK Ltd authorized and regulated by FCA (595450); Admiral Markets AS authorized and regulated by EFSA (4.1-1 / 46); Admiral Markets Ltd. Cyprus authorized and controlled by CySEC (201/13); Admiral Markets Pty Ltd has an Australian Financial Services License (410681).

5. XM Broker

K has a regulated broker that offers unlimited tutorials to educate its merchants, and XM also has activities in Europe and Australia. One of the most important houses in the industry, XM is a market maker who knows the fair conditions offered to traders and the vast experience in the ever-changing online commerce industry.



Regulations: Trading Point of Financial Instruments Pty Limited licensed by ASIC (443670); Trading Point of Financial Instruments UK Limited authorized and regulated by the FCA (705428); Trading Point Of Financial Instruments Ltd controlled by CySEC (120/10).

6. OctaFX Broker:

Currently, a 50% bonus is presented, the OCTAFX agent compensates the account balance to zero, which means that it protects the negative balance. OCTAFX shows the confidence of a reputable brokerage house and merchants worldwide enjoy low diffusion and rapid execution.

Regulations: The FSA regulates Octa markets. (It does not have or does not have rights in relation to the underlying assets.

7. Merchant route Broker:

With only $ 10 in the account, ESMA can test the market conditions of ECN (Electronic Communications Network) retailers with this Forex broker. With a type that ranges from fair trade conditions and zeroes, COMMERCIAL ROUTES is a good option when looking for a broker that supports traders.

Regulations: TW Corp is not currently regulated. (It does not have or does not have rights in relation to the underlying assets.



8. FBS.com Broker

With a wide range of global payment systems and offering penny accounts too, FBS.com also allows any consultant or commercial robot. With a leverage of up to 1: 3000 and without any request, FBS.com competes successfully in the online retail market with more homes.

Regulations: Tradestone Limited authorized and regulated by CySEC (331/17); Controls of FBS Markets Inc. by IFSC (IFSC / 60/230 / TS / 18). (It does not have or does not have rights in relation to the underlying assets.

9. RoboForex Broker

With the possibility of opening commercial accounts in six different currencies (including bitcoin), ROBOFOREX offers micro accounts and a minimum negotiation amount of 0.01. A wide range of accounts (six different types) attracts many operators, from newbies to old ones.

Regulation: RoboForex Group controlled by the IFSC (IFSC / 60/271 / TS); RoboForex (CY) Ltd. With CySEC (191/13).

10. Fibo Group Broker:

One of the oldest and most experienced brokerage houses, FIBO GROUP offers more than sixty currency pairs to trade. It has a global operation with offices in several continents, and there is something to give to all types of merchants. Both traders and resellers and investors can open an account with FIBO GROUP.



Regulations: FIBO Group Holdings Ltd authorized and regulated by CySEC (118/10); FIBO Group, Ltd. FSC controlled company (SIBA / L / 14/1063).

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