Top unregulated forex brokers
Find below a list of the best unregulated Forex brokers. Those brokers as known as brokers holding only an offshore licence. They don't hold a licence from high trusted authorities based for example in Australia, Europe, UK or Switzerland. Those brokers have a tendency to offer bonuses and usually offer higher leverage than regulated brokers.
| # | Broker | Popularity | Bonus | Min. Deposit |
ECN (min. deposit) |
Leverage | MT4 | MT5 | |
|---|---|---|---|---|---|---|---|---|---|
| 1 |
|
$30 | 10 € | 10 € | ≤1:2000 | ✓ | ✓ | > Visit → | |
|
RoboForex is a versatile broker offering a unique stock trading platform alongside standard software. It is a specialist in automated trading solutions. Key features include specialized accounts with institutional conditions and stock trading availability. Suitable for algorithmic traders and those looking for a multi-asset environment. |
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| 2 |
|
5 € | ≤1:3000 | ✓ | ✓ | > Visit → | |||
|
FBS is an international broker known for its diverse account types. It offers flexible leverage and a proprietary copy trading app that connects investors with strategy providers. Key features include low minimum deposit options and daily market analysis. It is suitable for new traders and those looking for flexible account conditions. |
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| 3 |
|
100 € | 200 € | ≤1:3000 | ✓ | ✓ | > Visit → | ||
|
AMarkets focuses on execution speed and order processing quality. It offers a modern trading environment with flexible leverage options and a wide selection of instruments. Key features include copy-trading services, sentiment analysis indicators, and efficient deposit conditions. It is suitable for algorithmic traders and those prioritizing execution technicalities. |
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| 4 |
|
$30 | 1 € | ≤1:1000 | ✓ | ✓ | > Visit → | ||
|
InstaForex is a major brand known for its community focus and contests. It offers a copy trading system and a wide range of services. Key features include tick trades, accounts for new traders, and flexible leverage. It is a comprehensive ecosystem suitable for traders who enjoy community interaction. |
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| 5 |
|
10 € | ≤1:1000 | ✓ | ✓ | > Visit → | |||
|
LiteFinance focuses on making ECN trading accessible, with an emphasis on social trading. Its platform integrates copy trading features. Key highlights include efficient withdrawal processing, low floating spreads, and a wide range of assets. Suitable for social traders and those valuing ease of transaction. |
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| 6 |
|
$50 | 10 € | 10 € | ≤1:2000 | ✓ | ✓ | > Visit → | |
|
FreshForex is a broker known for its flexible leverage and active trading conditions. It offers an environment suitable for scalping with fast execution speeds. Key features include efficient deposit processing and a wide array of asset pairs. Suitable for aggressive traders looking to maximize their margin utility. |
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| 7 |
|
$100 | 10 € | ≤1:1000 | ✓ | ✓ | > Visit → | ||
|
ForexChief operates on a STP/DMA model, ensuring direct execution and deep liquidity. It is known for its transparent order flow and negative balance protection. Key features include narrow spreads and a straightforward cost structure. It is a choice for traders looking for a cost-effective trading environment. |
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| 8 |
|
$1 | ≤1:3000 | > Visit → | |||||
|
FXGlory is a broker that offers flexible leverage and fixed spreads, making cost calculation easy. Key features include free VPS for active traders and zero commission accounts. It is designed for traders who prefer the predictability of fixed spreads. |
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| 9 |
|
10 € | 500 € | ≤1:500 | ✓ | ✓ | > Visit → | ||
|
Grand Capital is a broker offering a mix of Forex and CFD services. It is known for its investment services and diverse account options. Key features include access to ECN accounts and various payment methods. Suitable for traders looking for a mix of investment services and trading variety. |
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| 10 |
|
$30 | $100 | ≤1:1000 | ✓ | > Visit → | |||
|
MTrading is a broker tailored for specific regions, offering localized services and educational centers. It provides reliable execution infrastructure. Key features include copy trading services, local deposit methods, and regular seminars. Suitable for traders in supported regions seeking a broker with a local presence. |
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| 11 |
|
$10 | 1 € | ≤1:1000 | ✓ | ✓ | > Visit → | ||
|
World Forex combines classic trading with digital contracts. It allows for continuously available trading on digital assets. Key features include efficient deposit/withdrawal conditions and API trading support. Suitable for traders who want to trade digital contracts within a familiar environment. |
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RoboForex is a versatile broker offering a unique stock trading platform alongside standard software. It is a specialist in automated trading solutions. Key features include specialized accounts with institutional conditions and stock trading availability. Suitable for algorithmic traders and those looking for a multi-asset environment.
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
| ECN (min. deposit) | 10 € |
| Leverage | ≤1:2000 |
| Platforms | MT4 ✓ MT5 ✓ |
| Bonus | $30 → |
FBS
FBS is an international broker known for its diverse account types. It offers flexible leverage and a proprietary copy trading app that connects investors with strategy providers. Key features include low minimum deposit options and daily market analysis. It is suitable for new traders and those looking for flexible account conditions.
| Popularity |
|
|---|---|
| Min. Deposit | 5 € |
| ECN | |
| Leverage | ≤1:3000 |
| Platforms | MT4 ✓ MT5 ✓ |
AMarkets
AMarkets focuses on execution speed and order processing quality. It offers a modern trading environment with flexible leverage options and a wide selection of instruments. Key features include copy-trading services, sentiment analysis indicators, and efficient deposit conditions. It is suitable for algorithmic traders and those prioritizing execution technicalities.
| Popularity |
|
|---|---|
| Min. Deposit | 100 € |
| ECN (min. deposit) | 200 € |
| Leverage | ≤1:3000 |
| Platforms | MT4 ✓ MT5 ✓ |
InstaForex is a major brand known for its community focus and contests. It offers a copy trading system and a wide range of services. Key features include tick trades, accounts for new traders, and flexible leverage. It is a comprehensive ecosystem suitable for traders who enjoy community interaction.
| Popularity |
|
|---|---|
| Min. Deposit | 1 € |
| ECN | |
| Leverage | ≤1:1000 |
| Platforms | MT4 ✓ MT5 ✓ |
| No Deposit Bonus | $30 → |
LiteFinance focuses on making ECN trading accessible, with an emphasis on social trading. Its platform integrates copy trading features. Key highlights include efficient withdrawal processing, low floating spreads, and a wide range of assets. Suitable for social traders and those valuing ease of transaction.
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
| ECN | |
| Leverage | ≤1:1000 |
| Platforms | MT4 ✓ MT5 ✓ |
FreshForex is a broker known for its flexible leverage and active trading conditions. It offers an environment suitable for scalping with fast execution speeds. Key features include efficient deposit processing and a wide array of asset pairs. Suitable for aggressive traders looking to maximize their margin utility.
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
| ECN (min. deposit) | 10 € |
| Leverage | ≤1:2000 |
| Platforms | MT4 ✓ MT5 ✓ |
| No Deposit Bonus | $50 → |
xChief
ForexChief operates on a STP/DMA model, ensuring direct execution and deep liquidity. It is known for its transparent order flow and negative balance protection. Key features include narrow spreads and a straightforward cost structure. It is a choice for traders looking for a cost-effective trading environment.
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
| ECN | |
| Leverage | ≤1:1000 |
| Platforms | MT4 ✓ MT5 ✓ |
| No Deposit Bonus | $100 → |
FXGlory is a broker that offers flexible leverage and fixed spreads, making cost calculation easy. Key features include free VPS for active traders and zero commission accounts. It is designed for traders who prefer the predictability of fixed spreads.
| Popularity |
|
|---|---|
| Min. Deposit | $1 |
| ECN | |
| Leverage | ≤1:3000 |
Grand Capital is a broker offering a mix of Forex and CFD services. It is known for its investment services and diverse account options. Key features include access to ECN accounts and various payment methods. Suitable for traders looking for a mix of investment services and trading variety.
| Popularity |
|
|---|---|
| Min. Deposit | 10 € |
| ECN (min. deposit) | 500 € |
| Leverage | ≤1:500 |
| Platforms | MT4 ✓ MT5 ✓ |
MTrading is a broker tailored for specific regions, offering localized services and educational centers. It provides reliable execution infrastructure. Key features include copy trading services, local deposit methods, and regular seminars. Suitable for traders in supported regions seeking a broker with a local presence.
| Popularity |
|
|---|---|
| Min. Deposit | $100 |
| ECN | |
| Leverage | ≤1:1000 |
| Platforms | MT4 ✓ |
| No Deposit Bonus | $30 → |
worldforex
World Forex combines classic trading with digital contracts. It allows for continuously available trading on digital assets. Key features include efficient deposit/withdrawal conditions and API trading support. Suitable for traders who want to trade digital contracts within a familiar environment.
| Popularity |
|
|---|---|
| Min. Deposit | 1 € |
| ECN | |
| Leverage | ≤1:1000 |
| Platforms | MT4 ✓ MT5 ✓ |
| No Deposit Bonus | $10 → |
Regulated brokers have to operate in a manner that complies with the regulations that are set down by the relevant Forex regulator. The non-regulated brokers are not so obliged.
Forex trading with unregulated brokers can be risky and may result in financial loss. Unregulated brokers are not subject to the same regulations and oversight as regulated brokers, and may engage in unethical or fraudulent practices. They may also lack proper safeguards to protect your funds and personal information.
Traders who choose to trade with unregulated brokers may also be at risk of not having their trades executed properly, facing delays in withdrawing funds, or experiencing other issues.
It is important to do your research and only trade with reputable and regulated brokers. This can help to ensure that your trades are executed fairly and that your funds and personal information are protected.
In summary, trading with unregulated brokers can be dangerous, and traders should be aware of the risks involved and take steps to protect themselves by only trading with reputable and regulated brokers.
