We found 11 online brokers that are appropriate for Trading .
Are you looking for the best broker for Forex exchanges working under No ESMA regulation?
No ESMA brokers allow traders to use higher leveraged trades.
European Securities & Markets Authority (ESMA) has introduced new draconian and stringent regulations. These regulations are essential for Forex Brokers.
These regulations impact the leverage amount a retail trader can access while trading CFDs or Forex.
For retail investors, these regulations are not new. Each trader should understand the new ESMA regulations.
Before the new ESMA rules were introduces, unethical actions by market makers could destroy the retail business on the Forex exchange.
Some brokers who were active on the markets as retail traders lost their balances in their account and thus the brokers were forced to cover their negative balances.
Recovery took several days, and authorities tried to solve the matter. As per the new rules of ESMA, brokers obtain protection for the negative balance. In short, a trader may not lose his/her trading balance.
Leverage is restricted to almost 1:30 in several cases. It was only higher after the failure of the retail trader in the 'expert retail traders' category.
Remember, conditions to fit in this category may be different.
In numerous cases, limitations may not be a bad thing for traders. They have to protect the trading account and assist in money management procedures.
The traders subject to regulations of ESMA may not make the maximum of their deposited funds. It may decrease the danger and the possible returns.
Everyone can decide if the new regulations of ESMA impact the results of trade negatively or positively.
The brokers must fulfill some requirements to evade ESMA regulations. No doubt, they will be subject to ESMA.
They will be able to manage their account in some non-European locations and apply the regulation from their original place where the accounts are open.
It is possible to avoid these regulations in some cases. Here are some scenarios:
A professional trader can evade ESMA regulations.
You have to satisfy some stringent requirements concerning the value of your portfolio, industry experience and trading volume.
Several brokers offer special accounts to professional traders as these are free from Esma regulation.
This means to increase leverage to almost 500:1 as per broker. There is no need to manage protection for the negative balance.
If a European trader is living outside Europe, he can open an account in another jurisdiction that may not fall under the regulations of Esma.
These accounts will work under the local regulatory body.
If you reside in a state overseen by ESMA, the maximum available leverage may be 30:1. There will be no deposit bonus. Here are some famous No Esma brokers.
They operate with the task to provide the lowest possible spreads. IC Markets is a famous Forex broker without any impact of Esma. Remember, IC markets uses DOM (Depth of Market) superior technology and ladder trading.
With their unrivaled customer care, this Australian broker is available daily.
ASIC regulates them, and they offer three platforms for trading, IC Markets is one of these platforms. Moreover, FSA also regulates them in the Seychelles and as a result, you will be able to obtain 500:1 trading leverage without ESMA.
People find them profitable because of their competitive spreads, such as 0.1 pips for trading on Forex. For this reason, they can be the best to trade through MT4, cTrader, Webtrader and MT5.
Admiral Markets have flexible trading accounts and global presence. If you need a reliable and trusted broker, Admiral may also be a suitable choice.
They regulate in the world and are MiFID II compliant.
If you would like to open a trading account, they are one of the best brokers. You can sense trust when working with them.
Feel free to access almost 500:1 leverage to trade in over 4,000 assets. These assets may include ETFs, cryptocurrency, and bonds.
The spread may start from 0 pips with one prime account and 0.5 pips with a standard account.
With a standard account, 0.5 pips can be a great deal. You can get excellent value with $100 deposit for three account types. Trading options are available via Webtrader, MT4 and MT5.
AvaTrade has more than 11 years of experience in online trading. They offer access to over 250 instruments for trading.
If you find a no Esma broker, they fit the category well. Remember, these are relevant players for online trading. Other than Europe, they work under the regulation of FSC, FSCA and ASIA.
If you want to register with them, the FSC regulation can be 400:1 leverage. The leverage will be available with a fixed trading spread.
It may start from 1.3 pips and offer access to trade. They are trustable for MT4, MT5 and WebTrader platforms.
We've collected thousands of datapoints and written a guide to help you find the best No Esma Broker for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best below. You can go straight to the broker list here.
There are a number of important factors to consider when picking an online trading brokerage.
Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.
We compare these features to make it easier for you to make a more informed choice.
Here are the top .
Compare min deposits, regulation, headquarters, benefits, funding methods and fees side by side.
All brokers below are . Learn more about what they offer below.
You can scroll left and right on the comparison table below to see more that accept clients
Broker |
eToro
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IC Markets
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XTB
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AvaTrade
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FP Markets
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Trading212
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Plus500
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Pepperstone
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EasyMarkets
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XM
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FXPrimus
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Rating | |||||||||||
Regulation | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID), Australian Securities and Investments Commission (ASIC) | Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego, Belize International Financial Services Commission (IFSC) under license number IFSC/60/413/TS/19, Polish Securities and Exchange Commission (KPWiG) | Central Bank of Ireland, Australian Securities and Investments Commission (ASIC), Financial Services Authority (FSA), South African Financial Sector Conduct Authority (FSCA), Financial Stability Board (FSB), Abu Dhabi Global Markets (ADGM), Financial Regulatory Services Authority (FRSA), British Virgin Islands Financial Services Commission (BVI) | Australian Securities and Investments Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC) | Financial Conduct Authority (FCA), Financial Supervision Commission (FSC) | Plus500UK Ltd authorized & regulated by the FCA (#509909), Plus500CY Ltd authorized & regulated by CySEC (#250/14), Plus500AU Pty Ltd (ACN 153301681), ASIC in Australia AFSL #417727, FMA in New Zealand, FSP #486026 and Authorised Financial Services Provider in South Africa FSP #47546 | Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), Federal Financial Supervisory Authority (BaFin), Dubai Financial Services Authority (DFSA), Capital Markets Authority of Kenya (CMA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of the Bahamas (SCB) number SIA-F217 | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | International Financial Services Commission (IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC), Markets In Financial Instruments Directive (MiFID) |
Min Deposit | 200 | 200 | No minimum deposit | 250 | 100 | 1 | 100 | 200 | 100 | 5 | 100 |
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Used By | 17,000,000+ | 180,000+ | 250,000+ | 200,000+ | 10,000+ | 14,000,000+ | 15,500+ | 10,000+ | 142,500+ | 70,000+ | 10,000+ |
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Platforms | Web Trader, Tablet & Mobile apps | MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac | MT4, Mirror Trader, Web Trader, Tablet & Mobile apps | Web Trader, MT4, MT5, AvaTradeGo, AvaOptions, Mac, Mobile Apps, ZuluTrade, DupliTrade, MQL5 | MT4, MT5, IRESS, Mac, Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps | MT4, Web Trader, Tablet & Mobile apps | MT4, MT5, Mac, Web Trader, Tablet & Mobile apps | MT4, Mac, Mirror Trader, Web Trader, Tablet & Mobile apps |
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Learn More |
Sign
Up with etoro |
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Up with icmarkets |
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Up with xtb |
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Up with avatrade |
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Up with fpmarkets |
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Up with trading212 |
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Up with plus500 |
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Up with pepperstone |
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Up with easymarkets |
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Up with xm |
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Up with fxprimus |
Risk Warning | 67% of retail investor accounts lose money when trading CFDs with this provider. | Losses can exceed deposits | 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 72% of retail investor accounts lose money when trading CFDs with this provider | Losses can exceed deposits | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. | 76.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money. | CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money | Your capital is at risk | Your capital is at risk | Losses can exceed deposits |
Demo |
eToro Demo |
IC Markets Demo |
XTB Demo |
AvaTrade Demo |
FP Markets Demo |
Trading 212 Demo |
Plus500 Demo |
Pepperstone Demo |
easyMarkets Demo |
XM Demo |
FXPrimus Demo |
Excluded Countries | IR, KP, BE, CA, JP, SY, TR, IL, BY, AL, MD, MK, RS, GN, CD, SD, ZW, ET, GH, TZ, LY, UG, ZM, BW, RW, TN, SO, NA, TG, SL, LR, GM, DJ, CI, PK, BN, TW, WS, NP, SG, VI, TM, TJ, UZ, LK, TT, HT, MM, BT, MH, MV, KZ, GD, FJ, BB, BM, BS, AG, AI, AW, LB, SV, US, PY, HN, GT, PR, NI, VG, AN, | AF, GN, SL, BW, IR, SY, MM, IQ, TG, KH, LS, YE, CI , LR, ZW, CU, LY, TZ, CG, ML, BO, LR, NE, AO, GM, NG, AG, GH, KR, KG, GN, SN, NA | US, IN, PK, BD, NG , ID, BE | BE, BR, KP, NZ, TR, US, CA, SG | US, JP, NZ | US | MY, BE, US, CA, CN, ID, PH, TG, NG, DO, MA, ZW, PR, TZ, TN, UG, BW, AO, AE | BR, KR, IR, IQ, SY, JP, US | US | US, CA, IL, KR, IR, MM, CU, SD, SY | AF, CI, CU, IQ, IR, LY, MM, KR, SD, PR, US, AU, SY, DZ, JP, EC. |
You can compare ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side.
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