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
657.2
Rating
132 15 6
Reviews
$0
Min. Deposit
1:1000
Max. shoulder
Financial Commission, IFSC
Spread
515
Rating
68 2 5
Reviews
$50
Min. Deposit
1:1000
Max. shoulder
Spread
497.4
Rating
36 14 3
Reviews
$0
Min. Deposit
1:1000
Max. shoulder
Spread
494.4
Rating
72 23 4
Reviews
$1
Min. Deposit
1:500
Max. shoulder
Spread
462
Rating
8 2 3
Reviews
$10
Min. Deposit
1:2000
Max. shoulder
Spread
458
Rating
7 1 0
Reviews
$1
Min. Deposit
1:1000
Max. shoulder
Spread
452.4
Rating
22 6 0
Reviews
$0
Min. Deposit
1:1000
Max. shoulder
Spread
452
Rating
1 4 1
Reviews
$200
Min. Deposit
1:500
Max. shoulder
Spread
449
Rating
0 0 0
Reviews
$100
Min. Deposit
1:300
Max. shoulder
Spread
439.8
Rating
0 1 1
Reviews
$0
Min. Deposit
1:30
Max. shoulder
Spread
437
Rating
0 0 0
Reviews
$0
Min. Deposit
1:400
Max. shoulder
Spread
435
Rating
1 1 0
Reviews
$0
Min. Deposit
1:50
Max. shoulder
Spread
428
Rating
18 6 1
Reviews
$1
Min. Deposit
1:1000
Max. shoulder
Spread
426.8
Rating
33 8 0
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
423.2
Rating
14 10 7
Reviews
$100
Min. Deposit
1:200
Max. shoulder
Spread
423
Rating
0 0 0
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
423
Rating
0 0 0
Reviews
$300
Min. Deposit
1:500
Max. shoulder
Spread
419
Rating
1 0 0
Reviews
$0
Min. Deposit
1:200
Max. shoulder
Spread
406
Rating
0 0 0
Reviews
$0
Min. Deposit
1:200
Max. shoulder
Spread
406
Rating
0 1 0
Reviews
$500
Min. Deposit
1:200
Max. shoulder
Spread
403
Rating
3 0 2
Reviews
$50
Min. Deposit
1:500
Max. shoulder
Spread
402
Rating
1 1 0
Reviews
$100
Min. Deposit
1:200
Max. shoulder
Spread
402
Rating
0 0 0
Reviews
$0
Min. Deposit
1:500
Max. shoulder
Spread
399
Rating
0 2 3
Reviews
$10
Min. Deposit
1:500
Max. shoulder
Spread
398
Rating
1 0 0
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
397.2
Rating
53 12 5
Reviews
$0
Min. Deposit
1:500
Max. shoulder
Spread
393
Rating
0 0 0
Reviews
$0
Min. Deposit
1:500
Max. shoulder
Spread
389
Rating
0 0 0
Reviews
$0
Min. Deposit
1:500
Max. shoulder
Spread
388
Rating
2 1 0
Reviews
$100
Min. Deposit
1:300
Max. shoulder
Spread
384
Rating
1 0 0
Reviews
$25
Min. Deposit
1:400
Max. shoulder
Spread
384
Rating
0 1 0
Reviews
$100
Min. Deposit
1:400
Max. shoulder
Spread
384
Rating
0 0 0
Reviews
$100
Min. Deposit
1:400
Max. shoulder
Spread
383.8
Rating
0 2 1
Reviews
$200
Min. Deposit
1:500
Max. shoulder
Spread
383.2
Rating
75 18 7
Reviews
$0
Min. Deposit
1:1000
Max. shoulder
Spread
382.2
Rating
6 0 3
Reviews
$0
Min. Deposit
1:200
Max. shoulder
Spread
377.8
Rating
1 2 2
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
372.2
Rating
0 1 0
Reviews
$1000
Min. Deposit
1:200
Max. shoulder
Spread
371
Rating
9 8 3
Reviews
$5
Min. Deposit
1:888
Max. shoulder
Spread
370.6
Rating
1 0 0
Reviews
$10000
Min. Deposit
1:100
Max. shoulder
Spread
368
Rating
0 0 0
Reviews
$250
Min. Deposit
1:400
Max. shoulder
Spread
367
Rating
0 0 0
Reviews
$50
Min. Deposit
1:500
Max. shoulder
Spread
365
Rating
1 0 0
Reviews
$50
Min. Deposit
1:400
Max. shoulder
Spread
364.8
Rating
236 18 3
Reviews
$500
Min. Deposit
1:500
Max. shoulder
Spread
364
Rating
0 0 0
Reviews
$1
Min. Deposit
1:400
Max. shoulder
Spread
364
Rating
0 0 0
Reviews
$200
Min. Deposit
1:1000
Max. shoulder
Spread
357
Rating
0 0 0
Reviews
$250
Min. Deposit
1:500
Max. shoulder
Spread
351
Rating
0 0 0
Reviews
$10
Min. Deposit
1:1000
Max. shoulder
Spread
350.4
Rating
8 9 1
Reviews
$1
Min. Deposit
1:3000
Max. shoulder
Spread
350
Rating
0 0 0
Reviews
$50
Min. Deposit
1:200
Max. shoulder
Spread
338
Rating
0 0 0
Reviews
$50
Min. Deposit
1:400
Max. shoulder
Spread
338
Rating
0 0 0
Reviews
$500
Min. Deposit
1:400
Max. shoulder
Spread
334
Rating
0 0 0
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
333
Rating
0 0 0
Reviews
$200
Min. Deposit
1:400
Max. shoulder
Spread
329
Rating
0 0 0
Reviews
$0
Min. Deposit
1:400
Max. shoulder
Spread
328
Rating
9 5 0
Reviews
$500
Min. Deposit
1:200
Max. shoulder
Spread
327
Rating
2 0 0
Reviews
$250
Min. Deposit
1:500
Max. shoulder
Spread
327
Rating
0 0 0
Reviews
$200
Min. Deposit
1:500
Max. shoulder
Spread
325.6
Rating
15 1 1
Reviews
$200
Min. Deposit
1:500
Max. shoulder
Spread
322
Rating
0 0 0
Reviews
$10
Min. Deposit
1:1000
Max. shoulder
Spread
314
Rating
0 0 0
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
312
Rating
0 0 0
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
308.6
Rating
7 4 10
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
308.4
Rating
1 3 0
Reviews
$50
Min. Deposit
1:500
Max. shoulder
Spread
307
Rating
0 0 0
Reviews
$250
Min. Deposit
1:1000
Max. shoulder
Spread
306
Rating
1 0 0
Reviews
$0
Min. Deposit
1:500
Max. shoulder
Spread
302
Rating
9 2 0
Reviews
$300
Min. Deposit
1:500
Max. shoulder
Spread
302
Rating
0 2 0
Reviews
$100
Min. Deposit
1:400
Max. shoulder
Spread
292
Rating
2 1 0
Reviews
$25
Min. Deposit
1:500
Max. shoulder
Spread
288
Rating
2 0 0
Reviews
$100
Min. Deposit
1:100
Max. shoulder
Spread
285.2
Rating
86 20 1
Reviews
$1
Min. Deposit
1:400
Max. shoulder
Spread
285
Rating
0 0 0
Reviews
$5000
Min. Deposit
1:100
Max. shoulder
Spread
282
Rating
0 0 0
Reviews
$10
Min. Deposit
1:1000
Max. shoulder
Spread
277
Rating
0 0 0
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
276
Rating
0 0 0
Reviews
$0
Min. Deposit
1:300
Max. shoulder
Spread
275
Rating
0 0 0
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
275
Rating
0 1 0
Reviews
$500
Min. Deposit
1:30
Max. shoulder
Spread
275
Rating
0 0 0
Reviews
$50
Min. Deposit
1:500
Max. shoulder
Spread
273
Rating
17 6 0
Reviews
$25
Min. Deposit
1:1000
Max. shoulder
Spread
272
Rating
2 0 0
Reviews
$100
Min. Deposit
1:300
Max. shoulder
Spread
267
Rating
0 0 0
Reviews
$200
Min. Deposit
1:200
Max. shoulder
Spread
267
Rating
0 0 0
Reviews
$500
Min. Deposit
1:30
Max. shoulder
Spread
265.2
Rating
8 0 1
Reviews
$500
Min. Deposit
1:300
Max. shoulder
Spread
264
Rating
0 0 0
Reviews
$2000
Min. Deposit
1:100
Max. shoulder
Spread
262
Rating
0 0 0
Reviews
$10
Min. Deposit
1:1000
Max. shoulder
Spread
259
Rating
1 0 0
Reviews
$500
Min. Deposit
1:500
Max. shoulder
Spread
254
Rating
1 3 1
Reviews
$250
Min. Deposit
1:500
Max. shoulder
Spread
254
Rating
0 0 1
Reviews
$10000
Min. Deposit
1:100
Max. shoulder
Spread
253.8
Rating
62 17 8
Reviews
$1
Min. Deposit
1:1000
Max. shoulder
Spread
252
Rating
0 3 0
Reviews
$100
Min. Deposit
1:500
Max. shoulder
Spread
249
Rating
0 0 0
Reviews
$10
Min. Deposit
1:500
Max. shoulder
Spread
248
Rating
2 0 0
Reviews
$500
Min. Deposit
1:300
Max. shoulder
Spread
234
Rating
0 0 0
Reviews
$200
Min. Deposit
1:200
Max. shoulder
Spread
234
Rating
0 0 0
Reviews
$100
Min. Deposit
1:1000
Max. shoulder
Spread
234
Rating
0 0 0
Reviews
$1
Min. Deposit
1:200
Max. shoulder
Spread
232
Rating
0 0 0
Reviews
$300
Min. Deposit
1:400
Max. shoulder
Spread
205
Rating
0 0 0
Reviews
$2500
Min. Deposit
1:100
Max. shoulder
Spread
188
Rating
0 2 0
Reviews
$250
Min. Deposit
1:500
Max. shoulder
Spread
179
Rating
19 12 0
Reviews
$250
Min. Deposit
1:400
Max. shoulder
Spread
172
Rating
0 0 0
Reviews
$50
Min. Deposit
1:1000
Max. shoulder
Spread
144
Rating
1 0 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