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
676.6
Rating
140 17 6
Reviews
$0
Min. deposit
1:1000
Max. shoulder
IFSC, FSC
Spread
636.4
Rating
11 9 4
Reviews
$5
Min. deposit
1:888
Max. shoulder
Spread
632
Rating
9 0 3
Reviews
$0
Min. deposit
1:200
Max. shoulder
Spread
591.4
Rating
60 4 5
Reviews
$50
Min. deposit
1:1000
Max. shoulder
Spread
523.8
Rating
21 5 0
Reviews
$0
Min. deposit
1:1000
Max. shoulder
Spread
468
Rating
5 5 3
Reviews
$10
Min. deposit
1:2000
Max. shoulder
Spread
462
Rating
13 8 2
Reviews
$1
Min. deposit
1:1000
Max. shoulder
Spread
454.6
Rating
11 6 6
Reviews
$100
Min. deposit
1:200
Max. shoulder
Spread
446
Rating
1 0 1
Reviews
$0
Min. deposit
1:30
Max. shoulder
Spread
443.2
Rating
26 13 2
Reviews
$0
Min. deposit
1:1000
Max. shoulder
Spread
442
Rating
62 17 3
Reviews
$100
Min. deposit
1:500
Max. shoulder
Spread
441
Rating
2 1 0
Reviews
$0
Min. deposit
1:400
Max. shoulder
Spread
439
Rating
0 1 2
Reviews
$0
Min. deposit
1:50
Max. shoulder
Spread
429.8
Rating
12 4 1
Reviews
$1
Min. deposit
1:1000
Max. shoulder
Spread
427
Rating
18 11 0
Reviews
$300
Min. deposit
1:500
Max. shoulder
Spread
427
Rating
1 1 1
Reviews
$100
Min. deposit
1:500
Max. shoulder
Spread
423
Rating
1 1 1
Reviews
$0
Min. deposit
1:200
Max. shoulder
Spread
420.6
Rating
63 23 4
Reviews
$1
Min. deposit
1:500
Max. shoulder
Spread
412.2
Rating
1 1 0
Reviews
$500
Min. deposit
1:200
Max. shoulder
Spread
410
Rating
0 1 1
Reviews
$0
Min. deposit
1:200
Max. shoulder
Spread
407
Rating
4 1 3
Reviews
$50
Min. deposit
1:500
Max. shoulder
Spread
406
Rating
9 9 1
Reviews
$100
Min. deposit
1:200
Max. shoulder
Spread
406
Rating
3 3 1
Reviews
$0
Min. deposit
1:500
Max. shoulder
Spread
403
Rating
2 1 1
Reviews
$10
Min. deposit
1:500
Max. shoulder
Spread
402
Rating
0 1 2
Reviews
$100
Min. deposit
1:500
Max. shoulder
Spread
397
Rating
19 1 1
Reviews
$0
Min. deposit
1:500
Max. shoulder
Spread
390
Rating
0 1 1
Reviews
$200
Min. deposit
1:500
Max. shoulder
Spread
388
Rating
2 1 0
Reviews
$100
Min. deposit
1:400
Max. shoulder
Spread
388
Rating
2 1 0
Reviews
$25
Min. deposit
1:400
Max. shoulder
Spread
388
Rating
0 1 0
Reviews
$100
Min. deposit
1:400
Max. shoulder
Spread
384
Rating
1 2 0
Reviews
$100
Min. deposit
1:500
Max. shoulder
Spread
383
Rating
1 2 0
Reviews
$0
Min. deposit
1:500
Max. shoulder
Spread
382
Rating
2 1 1
Reviews
$100
Min. deposit
1:300
Max. shoulder
Spread
379.8
Rating
61 25 2
Reviews
$500
Min. deposit
1:200
Max. shoulder
Spread
372
Rating
1 1 1
Reviews
$250
Min. deposit
1:400
Max. shoulder
Spread
372
Rating
0 1 1
Reviews
$10000
Min. deposit
1:100
Max. shoulder
Spread
371.8
Rating
1 0 1
Reviews
$1000
Min. deposit
1:200
Max. shoulder
Spread
369
Rating
1 1 1
Reviews
$50
Min. deposit
1:400
Max. shoulder
Spread
368
Rating
1 2 0
Reviews
$1
Min. deposit
1:400
Max. shoulder
Spread
368
Rating
0 1 0
Reviews
$200
Min. deposit
1:1000
Max. shoulder
Spread
361
Rating
0 0 0
Reviews
$250
Min. deposit
1:500
Max. shoulder
Spread
360.4
Rating
65 1 0
Reviews
$10
Min. deposit
1:1000
Max. shoulder
Spread
355
Rating
0 1 1
Reviews
$10
Min. deposit
1:1000
Max. shoulder
Spread
354
Rating
0 0 2
Reviews
$50
Min. deposit
1:200
Max. shoulder
Spread
350.8
Rating
254 21 0
Reviews
$500
Min. deposit
1:500
Max. shoulder
Spread
342
Rating
1 1 0
Reviews
$50
Min. deposit
1:400
Max. shoulder
Spread
342
Rating
1 1 0
Reviews
$500
Min. deposit
1:400
Max. shoulder
Spread
338
Rating
0 1 1
Reviews
$100
Min. deposit
1:500
Max. shoulder
Spread
337
Rating
1 1 1
Reviews
$200
Min. deposit
1:400
Max. shoulder
Spread
333
Rating
0 1 0
Reviews
$0
Min. deposit
1:400
Max. shoulder
Spread
331
Rating
0 1 1
Reviews
$200
Min. deposit
1:500
Max. shoulder
Spread
331
Rating
0 1 3
Reviews
$250
Min. deposit
1:500
Max. shoulder
Spread
326
Rating
0 0 0
Reviews
$10
Min. deposit
1:1000
Max. shoulder
Spread
323
Rating
4 0 0
Reviews
$200
Min. deposit
1:500
Max. shoulder
Spread
318
Rating
0 1 1
Reviews
$100
Min. deposit
1:500
Max. shoulder
Spread
317.2
Rating
21 5 1
Reviews
$300
Min. deposit
1:500
Max. shoulder
Spread
316
Rating
0 1 1
Reviews
$100
Min. deposit
1:500
Max. shoulder
Spread
312.4
Rating
1 2 0
Reviews
$50
Min. deposit
1:500
Max. shoulder
Spread
311
Rating
34 6 1
Reviews
$250
Min. deposit
1:1000
Max. shoulder
Spread
310
Rating
3 0 1
Reviews
$0
Min. deposit
1:500
Max. shoulder
Spread
306
Rating
1 2 1
Reviews
$100
Min. deposit
1:400
Max. shoulder
Spread
301.2
Rating
17 7 9
Reviews
$100
Min. deposit
1:500
Max. shoulder
Spread
296
Rating
3 2 2
Reviews
$25
Min. deposit
1:500
Max. shoulder
Spread
292
Rating
2 1 1
Reviews
$100
Min. deposit
1:100
Max. shoulder
Spread
289
Rating
1 0 0
Reviews
$5000
Min. deposit
1:100
Max. shoulder
Spread
286
Rating
0 1 0
Reviews
$10
Min. deposit
1:1000
Max. shoulder
Spread
285
Rating
20 5 0
Reviews
$100
Min. deposit
1:300
Max. shoulder
Spread
281
Rating
0 0 2
Reviews
$50
Min. deposit
1:500
Max. shoulder
Spread
281
Rating
0 1 0
Reviews
$100
Min. deposit
1:500
Max. shoulder
Spread
280
Rating
1 0 1
Reviews
$0
Min. deposit
1:300
Max. shoulder
Spread
279
Rating
0 1 0
Reviews
$100
Min. deposit
1:500
Max. shoulder
Spread
279
Rating
0 1 0
Reviews
$500
Min. deposit
1:30
Max. shoulder
Spread
279
Rating
0 1 0
Reviews
$50
Min. deposit
1:500
Max. shoulder
Spread
277.8
Rating
4 3 2
Reviews
$1
Min. deposit
1:3000
Max. shoulder
Spread
277
Rating
15 5 0
Reviews
$25
Min. deposit
1:1000
Max. shoulder
Spread
271
Rating
6 3 0
Reviews
$500
Min. deposit
1:30
Max. shoulder
Spread
271
Rating
0 2 0
Reviews
$200
Min. deposit
1:200
Max. shoulder
Spread
269.2
Rating
6 0 1
Reviews
$500
Min. deposit
1:300
Max. shoulder
Spread
268
Rating
2 1 0
Reviews
$2000
Min. deposit
1:100
Max. shoulder
Spread
266
Rating
1 5 0
Reviews
$200
Min. deposit
1:500
Max. shoulder
Spread
266
Rating
0 0 0
Reviews
$10
Min. deposit
1:1000
Max. shoulder
Spread
263
Rating
1 0 0
Reviews
$500
Min. deposit
1:500
Max. shoulder
Spread
258
Rating
1 1 1
Reviews
$250
Min. deposit
1:500
Max. shoulder
Spread
258
Rating
0 0 1
Reviews
$10000
Min. deposit
1:100
Max. shoulder
Spread
256
Rating
0 1 0
Reviews
$100
Min. deposit
1:500
Max. shoulder
Spread
253
Rating
0 1 0
Reviews
$10
Min. deposit
1:500
Max. shoulder
Spread
252
Rating
0 1 0
Reviews
$500
Min. deposit
1:300
Max. shoulder
Spread
249.8
Rating
80 11 1
Reviews
$1
Min. deposit
1:400
Max. shoulder
Spread
238
Rating
1 0 0
Reviews
$1
Min. deposit
1:200
Max. shoulder
Spread
238
Rating
0 0 2
Reviews
$200
Min. deposit
1:200
Max. shoulder
Spread
238
Rating
0 2 0
Reviews
$100
Min. deposit
1:1000
Max. shoulder
Spread
236
Rating
0 1 0
Reviews
$300
Min. deposit
1:400
Max. shoulder
Spread
209
Rating
0 1 0
Reviews
$2500
Min. deposit
1:100
Max. shoulder
Spread
192
Rating
0 0 2
Reviews
$250
Min. deposit
1:500
Max. shoulder
Spread
176
Rating
1 1 0
Reviews
$50
Min. deposit
1:1000
Max. shoulder
Spread
172
Rating
5 2 0
Reviews
$250
Min. deposit
1:400
Max. shoulder
Spread
148
Rating
0 1 1
Reviews
$0
Min. deposit
1:1000
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