— 176 Brokers —
Activ Trades (UK)
Advanced Markets - AMIFX (UK)
Alpari (UK)
City Credit Capital (UK)
City Index (UK)
Citypoint Trading (UK)
CMS Forex (UK)
Darwinex (UK)
ETX Capital (UK)
Finotec (UK)
Forex Ltd (UK)
FxPro UK Ltd (UK)
FXVan (UK) — new name of FX Company (Mauritius)
Hantec Markets (UK)
HY Markets (UK)
Liquid Markets - LQD Markets (UK) — formerly Tadawul FX — bankrupt
MF Global (UK)
ODL Markets (UK)
One Financial (UK)
TradeOrbitz (UK)
Uni FX (UK)
AvaTradeEU Ltd (Ireland)
C.I.M. Banque (Switzerland)
Dukascopy (Switzerland)
Forex .CH (Switzerland) — do not confuse with FXCH (Dominica)
MIG Bank (Switzerland) — see Swissquote (Switzerland)
PrimeTradeFX (Switzerland)
Swissquote (Switzerland)
Universal FX (Switzerland)
dbFX (Germany)
FXM Financial Services GmbH (Germany)
Varengold (Germany)
Saxo Bank (Denmark)
Nord Markets (Sweden)
Assets FX (Finland)
FinFX (Finland)
HMS LUX (Luxembourg)
Internaxx (Luxembourg)
Strato Markets (Netherlands)
Broco Forex (Russia)
Insta Forex (Russia/BVI)
MasterForex (Russia)
Tradefort (Russia)
Maximus Capital Markets (Latvia)
Renesource Capital (Latvia) — recently removed from Group 1
Admiral Markets (Estonia)
AnnexFX (Estonia)
FXTradeweb (Estonia)
ForexCENT (Czech Republic)
X-Trade Brokers (XTB) (Poland)
Atlantic FX (Bulgaria)
Bulbrokers (Bulgaria)
Deltastock (Bulgaria)
Varchev Financial (Bulgaria)
AGEA (Montenegro) — formerly Marketiva (Montenegro)
LMFX (Macedonia)
AAA FX (Greece)
Investors Europe (Gibraltar)
ACFX (Cyprus)
AFX Capital (Cyprus)
Ask-o-Bid (Cyprus)
EasyForex (Cyprus)
eToro (Cyprus)
Exness Ltd (Cyprus)
FIBO Group Holdings Ltd (Cyprus)
Finexo (Cyprus)
Forex Web Trader (Cyprus)
Forex Yard (Cyprus)
FXCC (Cyprus)
FXGM (Cyprus)
FxNet Ltd (Cyprus)
FxPro (Cyprus)
FXTM (Cyprus)
IronFX (Cyprus)
Markets .com (Cyprus)
Traders Trust - a.k.a TradingForex .com (Cyprus)
Trading Point (Cyprus)
United World Capital (Cyprus)
Windsor Brokers (Cyprus)
xCFD (Cyprus / New Zealand)
XGlobal Markets (Cyprus)
RTFX - Realtime Forex (Malta)
Sensus Capital Markets (Malta)
Swiss International (Kuwait) — trading name of BMFN (Australia)
Royal Forex Trading - RFXT (Lebanon)
GTL Forex (United Arab Emirates)
ACM Gold (Mauritius)
FBS (Mauritius)
FX Cast (Mauritius)
FX Open (Mauritius)
FX Primus (Mauritius)
HotForex (Mauritius)
Nord FX (Mauritius)
You Trade FX (Mauritius)
Accent Forex (Seychelles)
ProfiForex (Seychelles)
Tickmill Ltd (Seychelles)
UpFX (Seychelles)
ACM Gold and Forex Trading PTY Ltd (South Africa)
Ava Capital Markets Australia PTY Ltd (Australia)
Axi Trader (Australia)
Berndale Capital (Australia)
BMFN (Australia)
CLM - Core Liquidity Markets (Australia)
Direct FX Trading PTY LTD (Australia)
ForexCT PTY Ltd (Australia)
Forex FS (Australia)
Forex Nation (Australia)
Global Prime (Australia)
GO Markets (Australia)
Got Money FX (Australia)
Halifax Investment Services (Australia)
IBFX (Australia)
IC Markets (Australia)
IG Markets (Australia)
Kinetic Securities (Australia)
MXT Global PTY Ltd (Australia) — see Vantage FX PTY Ltd (Australia)
Pepperstone (Australia)
RubixFX (Australia)
SynergyFX (Australia)
Vantage FX PTY Ltd (Australia)
FXPIG (New Zealand)
IntelFX (New Zealand)
Latitude FX (New Zealand)
Lucror FX (New Zealand)
OMFinancial (New Zealand)
PrimeFX (New Zealand)
Robo Forex (New Zealand)
Tenko FX (New Zealand)
UMOfx (New Zealand)
XM .com (Cyprus / New Zealand) — see Trading Point (Cyprus)
Forex Broker Inc (The Marshall Islands)
Lite Forex (The Marshall Islands)
MMCIS (The Marshall Islands)
IKON Group (Hong Kong) — do not confuse with IKON Global Markets (US)
SHK Direct (Hong Kong)
Phillip Futures (Singapore)
XE Markets (Malaysia) — see Trading Point (Cyprus)
VertiFX (Canada)
FXDD Global (Bermuda)
eFOREX (Panama)
IamFX (Panama)
InovaTrade (Panama)
PipFixed (Panama)
FX Choice (Belize)
IV Brokers (Belize)
UFX Markets (Belize)
AL Trade Inc (British Virgin Islands)
Ava FX (British Virgin Islands)
BForex (British Virgin Islands)
E-Global/Forex4You (British Virgin Islands)
Forex4You (British Virgin Islands)
Forex Club Ltd (British Virgin Islands ?)
Forex Place - 4xP (British Virgin Islands)
FXCBS (British Virgin Islands)
Gallant Capital Markets (British Virgin Islands) — see Yadix (British Virgin Islands)
IKOFX (British Virgin Islands / New Zealand)
iTrade Capital Markets (British Virgin Islands)
Real Trade - Real Trade Group (British Virgin Islands)
RVD Markets Ltd (British Virgin Islands)
Sterling Gent Trading Ltd (British Virgin Islands)
Think Forex (British Virgin Islands)
WFX Markets (British Virgin Islands ?)
Yadix (British Virgin Islands)
2pipsForex (Dominica) — a.k.a. FXCH (Dominica)
EagleFX (Dominica) — recently removed from Group 1
EvenForex (Dominica)
Trader’s Way (Dominica)
CedarFX (St. Vincent and the Grenadines) — recently removed from Group 1
CryptoRocket (St. Vincent and the Grenadines)
Evolve Markets (St. Vincent and the Grenadines)
Gainsy Inc (St. Vincent and the Grenadines)
PaxForex (St. Vincent and the Grenadines)
Sage FX (St. Vincent and the Grenadines)
Tallinex (St. Vincent and the Grenadines)
TradeWiseFX (St. Vincent and the Grenadines)
Turnkey Forex (St. Vincent and the Grenadines)
Alphabetical List of Brokers
(and in other BP threads, and on certain other sites)
The list below consists of brokers in 7 categories, combined into a single, alphabetized listing.
The 7 categories are:
-
Vetted offshore brokers that will do business with U.S. clients (shown in bold type in this Alphabetical List). These brokers are in Group 1 of our Offshore Broker List.
-
Vetted offshore brokers that will not do business with U.S. clients. These brokers are in
Group 2 of our List. -
Offshore brokers that have gone out of business. These brokers are no longer listed in either
Group 1 or Group 2. -
U.S. brokers mentioned in this thread. These brokers are not offshore brokers, and are not
included in either Group 1 or Group 2. -
U.S. brokers that have gone out of business.
-
U.S. or offshore brokers that are introducing brokers (IB’s), divisions, subsidiaries, or parent-companies of other listed brokers.
-
U.S. or offshore brokers that are still in business, that have been clearly identified as scams.
Brokers currently in Group 1 of the Offshore Broker List are shown in bold type.
Other brokers in this list are shown with labels or notes to indicate their categories.
Brokers not otherwise labeled or noted are currently in Group 2 of the Offshore Broker List.
1BillionForex (Belize) — IB for NordFX (Mauritius) — no U.S. clients
1Broker (Rep. of Marshall islands) — trading name of 1Pool Ltd (Marshall Is.) — stocks, indexes, and 22 currency pairs — crypto funded and denominated accounts — U.S. clients accepted — Sep 2018 sued by SEC and CFTC for failure to register, and failure to implement AML provisions, among other charges – website seized
1LotStp (Nevis) — (and parent company FX Systems) — out of business
1PipFix (Nevis) — (and parent company FX Systems) — out of business
2PipsFixed (Nevis) — (and parent company FX Systems) — out of business
2pipsForex - Global Clearing Group Ltd (Dominica)
24option .com (UK) - Richfield Capital Ltd (UK) — formerly binary options broker, no longer accepting new binary options clients, now focusing on FX and CFD’s — FCA regulated — no U.S. clients
360T (German) — div. of Deutsche Boerse AG — institutional broker and technology provider — purchased Gain Capital’s GTX institutional broker div. (May 2018)
4RunnerForex (British Virgin Islands) — (and parent company FX Systems) — out of business
4UFX (domicile?) — out of business
4xBank (domicile?) — out of business
4xP (British Virgin Islands) — see Forex Place
8Safe UK Ltd (UK) — re-branded trading name of Iron FX (UK) — FCA-regulated broker
AAA FX (Greece)
AAFX (St. Vincent and the Grenadines)
ABC123Prime (Cyprus) — new broker (FX,CFD’s, and metals) licensed by CySEC.
Accent Forex (Vanuatu) – no U.S. clients
ACFX (Cyprus) — owned by Atlas Capital Financial Services Ltd (Cyprus) — suspended by CySEC, April 2016 — now bankrupt — client claims for restitution are being handled by ICF (Investor Compensation Fund)
ACM - Advanced Currency Markets SA (Switzerland) — see Swissquote (Switzerland)
ACM Gold (Mauritius)
ACM Gold and Forex Trading PTY Ltd (South Africa) — trading license reinstated (Oct 2015) by S. African FSB
ACM Group plc (UK) — aka Alpha Capital Markets plc (UK) — FX, CFDs and spread betting — no U.S. clients
ActivTrades (UK) — multi-asset brokerage: forex, CFD’s, spread-betting, commodities, shares, and indices — regulated in UK, Dubai, and Bahamas — no U.S. clients
ACY (Australia) - ACY Capital Group (Australia) — AISC-regulated forex and CFD broker — recently (Sept 2018) acquired Synergy FX (Australia) — rebranded (March 2019) as ACY Securities
ACY Securities Pty Ltd (Australia) — new name of ACY (Australia) after merging ACY with Synergy FX — currently (Jun 2019) eliminating their Chinese clientele per ASIC requirement
Adamant Finance (St. Vincent and the Grenadines) - recently removed from Group 1.
Admiral Markets - Admiral Markets Group (Estonia) — parent of subsidiaries in Cyprus, UK, and Australia
Admiral Markets Cyprus Ltd (Cyprus) — CySEC-regulated
Admiral Markets Pty Ltd (Australia) — ASIC-regulated
Admiral Markets UK Ltd (UK) — FCA-regulated
ADS Securities, L.L.C. (UAE)
Advanced Markets Ltd (Australia/Cayman Islands) — ASIC-licensed institutional broker with offices in Cayman Islands — no retail clients — new branch opening in London (Nov. 2018)
Advanced Markets UK — new branch of Advanced Markets Ltd (Australia) — institutional clients only
ADVinvests (UK) — scam — the FCA has identified this company as a clone (fake broker)
AETOS Capital Group UK Ltd (UK) — FCA-regulated subsidiary of AETOS (Australia)
AETOS Capital Group Pty Ltd (Australia) — regulated in Australia — previously targeted Chinese market — Jun 2019 AETOS’ Chinese clientele were acquired by MultiBank Group (Hong Kong)
AFX Capital Markets Ltd (Cyprus) — CySEC-regulated — subs. of AFX Group — license temporarily suspended by CySEC (July 2019) — license withdrawn by CySEC (Oct 2019)
AFX Group (Cyprus) — new name of AFX Capital after re-branding in May 2016 — regulators charge (Dec 2019) that £7.3M in client funds are missing from AFX Group companies
AFX Markets Ltd (UK) — FCA-regulated — sub. of AFX Group — license suspended by FCA (Aug 2019)
AGEA Jinrong Doo (Montenegro) — formerly Marketiva (Montenegro)
AGM Markets Pty Ltd (Australia) — license (previously suspended) has now (Nov. 2018) been canceled by AISC for unethical conduct
AKFX (Malta) - AKFX Financial Services Ltd (Malta) — new retail division of GKFX (UK) after re-branding — includes a subsidiary called GKFX EUROPE to service European retail customers
AKFX Financial Services Ltd (Malta) aka Global Kapital Group (Malta?) — parent of AKFX (Malta) and GKPRO (UK)
Alfa-Forex - Alfa Capital Holdings (Cyprus) Ltd (Russian, domiciled in Cyprus) — no U.S. clients
Alpari-Broker Ltd (Russia) — FX, metals, cfd’s and binary options broker, licensed and regulated by the Central Bank of Russia — largest Russian forex broker by client base and average monthly volume
Alpari Japan K.K. (Japan) — acquired by Dukascopy (Switzerland), and renamed Dukascopy Japan K.K.
Alpari Limited (Belize) — license in Belize will be voluntarily surrendered (Dec 2018), and clients will be moved to Alpari Limited (SVG)
Alpari Limited (SVG) — domicile of Alpari’s offshore (outside Russia) operations
Alpari (UK) — became insolvent following the SNB debacle in 2015 — client book has been sold to ETX Capital (UK)
Alpari (US) — out of business — NFA membership removed (2015)
Alphabet Broker (Scotland) — trading name of Grow Invest LP (Scotland) — binary options broker — no U.S. clients
Alpha Capital Markets plc (UK) — see ACM Group plc (UK)
AlphaTrade - Nemesis Capital Ltd (SVG) — head office Sofia, Bulgaria — blacklisted by BCSC — UK license suspended
AlphaTrade UK Ltd (UK) — UK license reportedly suspended — out of business?
AlphaTrade Solutions SVG Ltd (Cayman Islands) — subs. of AlphaTrade UK Ltd (UK) — out of business?
Alpha Trading CM (India) — website currently taken down — (do not confuse with AlphaTrade UK Ltd)
AL Trade Inc (British Virgin Islands)
Alvexo (Cyprus) — website implies (but does not state) that U.S. clients are accepted
Amana Capital Group (UAE) — parent of Amana Financial Services (UK), Amana Financial Services (Dubai) Ltd, Amana Captial SAL (Lebanon), Amana Capital (Cyprus) Ltd, and AFS Global (Malasia)
Amana Financial Services (UK) - part of Amana Capital Group (UAE) — FCA-regulated — no U.S. clients
A-Markets (SVG) — offices in Montenegro, Kazakhstan, Rep. of Georgia, and Albania —formerly AForex (Russia) — no U.S. clients
AnnexFX (Estonia) — subsidiary of AssetsFX (Finland)
Apex One Trading Group (Panama) — appears on Ontario Securities Commission (OSC) Warning List
Arena Capital (New Zealand) — fictitious scam FX broker trading as BlackfortFX — in liquidation
Arab Financial Brokers - AFB (Kuwait) — out of business
Ask-o-Bid (Cyprus)
AssetsFX (Finland) — no longer accepts U.S. clients
ATC Brokers (Cayman Islands) — new (October 2018) subsidiary of ATC Brokers (UK)
ATC Brokers Ltd (UK) — FCA-regulated, parent of ATC Brokers (Cayman Islands)
ATC Brokers (US) — introducing broker (futures and forex) — prior Chapter 11 bankruptcy resolved in 2016
ATFX – parent of AT Global Markets Ltd (UK), ATFX Global Markets Ltd (Cyprus), AT Capital Markets Ltd (UAE), and AT Global Markets (Malaysia) — no U.S. clients
ATG Marketplex - a.k.a. Aaron Trading (US) — out of business
Atlantic FX (Bulgaria)
Atom8 - Atom8 Financial Services LLP (UK) — London ECN broker, FCA-regulated — acquired by Vantage Global Prime (Australia) — hired fraudster Nicky Kundnani as Managing Director
ATS Markets - ATS Markets Global Ltd (Belize) — scam — the ATS certificate of incorporation is a forgery (IFSC - Belize)
Ava Capital Markets Australia Pty Ltd (Australia) — subs. of Ava Trade EU Ltd (Ireland)
Ava Capital Markets Pty (South Africa) — subs. of Ava Trade EU Ltd (Ireland)
Ava Trade Ltd (British Virgin Islands) — subs. of Ava Trade EU Ltd (Ireland)
Ava Trade EU Ltd (Ireland) — parent of the subsidiaries listed here — planned acquisition by Israeli gaming company Playtech nixed by Ava shareholders — no U.S. or New Zealand clients
Ava Trade Japan K.K. (Japan) — subs. of Ava Trade EU Ltd (Ireland)
AxiCorp Financial Services Pty Ltd (Australia) — parent of AxiTrader (Australia) — currently (Aug 2018) acquiring One Financial Markets (UK)
AxiTrader (Australia) — retail div. of AxiCorp (Australia) — ASIC regulated
AxiTrader USA (US) — out of business
ayondo markets Ltd (UK) — spread-betting, CFD trading — no U.S. clients
ayondo Gmbh (Germany) — social trading of investment portfolios, including currencies
— no U.S. clients — filed for bankruptcy (August 2019)
Back Bay FX (US) — IB for various brokers
BCFX Broker .com (Cyprus) — trading name of Best Choice FBC Ltd (Cyprus) — license revoked by CySEC (Feb 2018)
BDG Financial Services Ltd (Belize) a.k.a. The Collective FX Global — out of business
BDSwiss - BDSwiss Holding Plc (Cyprus) — FX, CFD’s and binary options dealer
Beam FX (US) — IB for Institutional Liquidity - ILQ (Australia)
Berndale Capital (Australia) - Berndale Capital Securities Pty Ltd (Australia) — license to operate canceled by AISC (Dec. 2018) for financial reporting deficiencies — no U.S. clients
Best Choice FBC Ltd (Cyprus) — see BCFX (Cyprus)
BForex (British Virgin Islands)
BinTrader - trading name of Trader X Ltd (SVG) — Russian binary options broker
Black Bull Markets - Black Bull Group Ltd (New Zealand) — multi-asset broker (FX, CFD’s, metals, commodities, idexes) — licensed under New Zealand Financial Markets Authority (Aug '20)
Black Bull Group UK Ltd (UK)
BlackfortFX (New Zealand) — scam — see Arena Capital (New Zealand)
BlackPearlFX (UK) — no U.S. clients
Blackwell Global Group (Cyprus / New Zealand) — multi-asset broker – recently acquired precious metals broker NZF Group Ltd (NZ) – now listed on NZ stock exchange – no U.S. clients
Blueberry Markets (Australia)
BMFN EAD (Bulgaria) — financial intermediary company licensed in Bulgaria, regulated by MiFID (EU) — parent of BMFN Ltd (Vanuatu) and BMFN Pty Ltd (Australia) — currently (March 2018) being forced by the Chinese government to exit the fx market in China
BMFN Ltd (Vanuatu)
BMFN Pty Ltd (Australia)
Boston Prime Ltd (UK) — bankrupt — out of business
Brightwin Securities and Finance (New Zealand) — has applied to NFA/CFTC for membership and registration as U.S. RFED
Britannia Markets (UK) — new name of Destek Markets (UK) after sale by Destek Markets (Turkey) and subsequent re-branding
Broco Forex (Russia)
Bulbrokers (Bulgaria)
CAPEX .com (Cyprus) — CySEC-regulated FX and CFD broker — subs. of Key Way Invest. Ltd.
Capital City Markets (Vanuatu) — acquired the U.S. & Canadian accounts of Tallinex (SVG) March 2017
Capital .com (Cyprus) - Capital .com SV Investments Ltd (Cyprus)
Capital .com UK — new FCA-regulated branch of Capital .com (Cyprus)
Capital Index Cyprus Ltd (Cyprus) — as of July 2018, has voluntarily surrendered its Cyprus (CySEC) license following ESMA’s increased regulatory pressure on retail forex in the EU.
Capital Index UK Ltd (UK) — FSA-regulated broker
Capital Investment Brokers Ltd (Vanuatu) — see CIBfx
Capital Markets Elite Group (Trinidad and Tobago) — see CME Group
Capital One Forex (unknown location) — scam
CapitalStreetFX (Mauritius)
Capital Trust Markets - CTM (New Zealand / Sri Lanka ?) — scam — website disabled
CedarFX (St. Vincent and the Grenadines) — recently removed from Group 1
CFD Capital Markets (Morocco) — appears on Ontario Securities Commission (OSC) Warning List
CFD House - Spot Capital Markets Ltd (Cyprus) — CFD’s and crypto trading — no U.S. clients
CFI - Credit Financier Invest (Cyprus and UK) — retail and institutional CFD and FX broker regulated by CySEC in Cyprus and FCA in UK
CharterPrime Ltd (New Zealand) — FX, commodities, metals, index CFD’s — no U.S. clients
CIBfx (SVG) - Capital Investment Brokers Ltd (SVG) — fx and cfd’s — office in London —
registered (not regulated) in SVG — no U.S. clients
C.I.M. Banque (Switzerland)
City Credit Capital (UK)
CityFxPro (US)
City Index (UK) — parent of 3 Australian brokerages; acquired by Gain Capital (US) — beginning in Spring 2019, to be phased out by Gain Capital in coming months
City Index Pty Ltd (Australia) — subsidiary of City Index (UK) / Gain Capital (US) — beginning in Spring 2019, to be phased out by Gain Capital in coming months
Citypoint Trading (UK) — re-branded, see CPT Markets (UK)
Clear Point FX - CPFX (St. Vincent and the Grenadines)
Click365 (Japan) — world’s first margin forex trading exchange, part of Tokyo Financial Exchange Inc (TFX)
CLM - Core Liquidity Markets Ltd Pty (Australia) — no U.S. clients
CLSA Premium (Hong Kong) — new name (as of Sept 2019) of KVB Kunlun Financial Group Ltd (Hong Kong) — a special shareholders’ meeting (in 2020) rejected a proposal to dissolve the company
CLSA Premium New Zealand Ltd (New Zealand) — formerly KVB Kunlun NZ Ltd — currently
(Jun 2020) being sued by NZ Financial Markets Authority for breach of AML regs
CMC Markets Canada Inc (Canada) — accepts Canadian citizens and permanent residents only
CMC Markets UK plc (UK) — spread-betting and CFD — no U.S. clients
CME Group (Trinidad and Tobago) — aka CMEG, Capital Markets Elite Group, and cmelitegroup .com — retail forex broker welcomes U.S. clients
CMS Forex - Capital Market Services UK Ltd (UK) — owned by Prime Mantle Corp Plc (Ireland)
CMS Trading (SVG) — trading name of Safe Side Trading Ltd (SVG) — do not confuse with CMS Forex
CMTrading - Global Capital Markets Trading (South Africa)
Coinexx (St. Vincent and the Grenadines) — Trusted Broker — 2018 acquired Finpro Trading (UK)
Colmex (Israel)
CommexFX (Cyprus) — scam — Cyprus Investment Firm (CIF) license revoked by CySec, April 2017
Concorde Forex (Ukraine) — scam
CPFX (St. Vincent and the Grenadines) — see Clear Point FX
CPT Markets (UK) — FX and CFD broker — formerly Citypoint Trading — member of London Stock Exchange (Dec 2019)
CryptoRocket (St. Vincent and the Grenadines) — no longer accepting new U.S. clients (July 2020).
Existing U.S. clients continue to be hosted.
CSFX - ClearStreamFX LLC (SVG) and ClearStreamFX LTD (Dominica) – ECN broker and prop trading firm – FX, metals, crypto – no U.S. clients
CWM FX (UK) — subs. of liquidity provider Leverate (Cyprus) — City of London fraud charges pending — SCAM