Foreign Forex Brokers

On this page you will find information about foreign Forex brokers. What is an international broker? Advantages and disadvantages of foreign brokers. How to choose a reliable foreign broker?

Broker
Rating
Information
Spread
717.8
Rating
80 5 3
Reviews
$0
Min. Deposit
1:1000
Max. shoulder
Financial Commission, IFSC
Spread
553.8
Rating
12 3 0
Reviews
$1
Min. Deposit
1:1000
Max. shoulder
Spread
513
Rating
57 2 3
Reviews
$50
Min. Deposit
1:1000
Max. shoulder
Spread
493.2
Rating
29 13 3
Reviews
$0
Min. Deposit
1:1000
Max. shoulder
Spread
483.6
Rating
19 5 2
Reviews
$1
Min. Deposit
1:500
Max. shoulder
Spread
460
Rating
1 0 3
Reviews
$10
Min. Deposit
1:2000
Max. shoulder
Spread
450
Rating
17 5 0
Reviews
$0
Min. Deposit
1:1000
Max. shoulder
Spread
450
Rating
0 2 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
440
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
435
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
421.2
Rating
10 8 7
Reviews
$100
Min. Deposit
1:200
Max. shoulder
Spread
421
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
417
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
416
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
404
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
404
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
401
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
400
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
400
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
396
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
395.2
Rating
36 12 5
Reviews
$0
Min. Deposit
1:500
Max. shoulder
Spread
386
Rating
0 1 0
Reviews
$100
Min. Deposit
1:300
Max. shoulder
Spread
382
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
382
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
381.8
Rating
0 1 1
Reviews
$200
Min. Deposit
1:500
Max. shoulder
Spread
380.2
Rating
6 0 3
Reviews
$0
Min. Deposit
1:200
Max. shoulder
Spread
378
Rating
0 0 1
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
374.8
Rating
42 11 6
Reviews
$0
Min. Deposit
1:1000
Max. shoulder
Spread
368.8
Rating
8 8 3
Reviews
$5
Min. Deposit
1:888
Max. shoulder
Spread
368.6
Rating
1 0 0
Reviews
$10000
Min. Deposit
1:100
Max. shoulder
Spread
368
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
366
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
362
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
355
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
348
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
344
Rating
1 0 1
Reviews
$1
Min. Deposit
1:3000
Max. shoulder
Spread
336
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
332
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
331
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
327
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
325
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
318
Rating
38 3 2
Reviews
$500
Min. Deposit
1:500
Max. shoulder
Spread
317
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
306.8
Rating
5 2 9
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
305
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
304
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
302
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
290
Rating
1 1 0
Reviews
$25
Min. Deposit
1:500
Max. shoulder
Spread
286
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
283
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
274.4
Rating
52 12 0
Reviews
$1
Min. Deposit
1:400
Max. shoulder
Spread
271
Rating
1 3 0
Reviews
$25
Min. Deposit
1:1000
Max. shoulder
Spread
265
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
263.2
Rating
8 0 1
Reviews
$500
Min. Deposit
1:300
Max. shoulder
Spread
257
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
252
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
250
Rating
0 2 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
249.6
Rating
45 12 8
Reviews
$1
Min. Deposit
1:1000
Max. shoulder
Spread
232
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
186
Rating
0 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread
168.2
Rating
4 0 0
Reviews
$
Min. Deposit
-
Max. shoulder
Spread

Forex is a decentralized currency market, where participants can sell and buy currency in different parts of the world. Intermediaries between retail traders and the interbank foreign exchange market are brokerage companies that offer competitive prices through online trading, including a commission in the form of a spread for their services. Depending on the jurisdiction of the broker and the nationality of the traders, the trading conditions of the brokerage companies may differ. In this rating, foreign brokers are represented, let's take a closer look at what their advantages and disadvantages are.

What is an international broker?

Brokerage companies must necessarily have a license from the financial regulator of the country in which they are registered and provide their services. Each license has its own restrictions on the provision of services in a particular region. For example, according to ESMA, European brokers cannot provide leverage greater than 1: 30 for major currency pairs. In addition, some regulators set restrictions when opening an account, depending on the nationality of the traders:

  • FCA – for UK traders;
  • CySEC – for European traders;
  • NFA and CFTC – for traders from the United States.

Moreover, American traders can only work with brokers registered in the United States. Detailed information and a list of reliable American brokers can be found here.

But there are brokerage companies registered in Australia (ASIC), New Zealand, Hong Kong, Mauritius, Belize, Saint Vincent and the Grenadines, Seychelles and the Cayman Islands, etc. These are the so-called international or foreign brokers that are available for practical use.ESCI is for all traders except for the United States, Iraq, North Korea and other countries (for more information, see the official websites of brokers).

Advantages of foreign brokers

  • High leverage – up to 1: 500 and even higher;
  • A wide range of trading instruments, including CFDs on stocks, indices, commodities, metals and cryptocurrencies;
  • Low minimum deposit requirements;
  • Simple registration and verification procedure;
  • Availability of deposit bonuses and no deposit bonuses;
  • Large selection of deposit and withdrawal methods;
  • Simplified scheme of taxation.

Disadvantages of foreign brokers

  • Lower reliability of financial regulators compared to FCA, CySEC and NFA;
  • Lack of compensation funds in case of insolvency of brokerage companies;
  • Sometimes spreads and commissions are higher than European brokers;
  • It is not always possible to find technical support in your native language.

How to choose a reliable foreign broker?

As a rule, all reliable foreign brokers offer a choice of opening an account in various jurisdictions: in the UK (FCA) and Cyprus (CySEC) for European traders, in the USA (NFA) for American traders, in Australia (ASIC) and offshore for international traders. The presence of registrations from the above-mentioned regulators is sufficient when choosing a foreign broker, even if you will open an account in an offshore jurisdiction. Next, you need to check the availability of support for your language and see the trading conditions, as they may differ depending on the choice of jurisdiction.

On this page you will find the rating of foreign brokers for international traders.

Broker RoboForex LiteForex Forex4you Alpari FXOpen
Minimum deposit 10$ 50$ 0$ 0$ 1$
Leverage ratio 1:2000 1:500 1:1000 1:3000 1:500
Average spread 1.3 points 1.8 points 2 points 1 point 1.3 points
Trading Platforms MT4, MT5, cTrader, R Trader MT4, MT5 MT4, WebTrader MT4, MT5 MT4, MT5, TickTrader
ECN accounts + + + + +
Social trade + + + + +
Multilingual support 13 13 7 8 6