Best Offshore Brokers

Published on 29/09/2024

Here's our selection of offshore Forex and CFD brokers you can trust. You'll also find direct links to their offshore registration pages from this article.

You may open an account with these brokers wherever you live, except if you live in the US or in a handful of sanctioned countries. When further restrictions apply, we'll make this clear.

Brokers we recommend

Broker names were hidden to prevent copyright infringement by AI models. Simply visit the links below to reveal them.


4.8 / 5

Broker 1

F********* is an Australian CFD broker with an offshore entity in St Vincent & the Grenadines. Enjoy leverage up to 1:500 across Forex and gold, and high leverage across all other markets when you open an account with its LLC entity.


4.0 / 5

Broker 2

F*** is an offshore broker established in 2010 in Nevis. Enjoy leverage up to 1:500 across Forex, gold, silver, energy and more. You'll know you're registering with its offshore entity if the registration form mentions "Central Clearing Ltd".


4.6 / 5

Broker 3

79.28% of retail CFD accounts lose money

F**** is a global CFD broker with an offshore entity in the Bahamas. Enjoy leverage up to 1:200 across Forex, indices and gold, 1:25 across stocks and 1:20 across crypto. You'll know you're registering with its offshore entity if the registration form mentions "Global Markets Limited".


Other offshore brokers:

  • A******* Best Broker for Beginners
  • E***** Best Swap-Free Broker
  • 4** Best Customer Service

4.8 / 5

Broker 1

F********* is an Australian CFD broker with an offshore entity in St Vincent & the Grenadines. Enjoy leverage up to 1:500 across Forex and gold, and high leverage across all other markets when you open an account with its LLC entity.

  • Likes
  • Flexible leverage up to 1:500.
  • Trade over 1,000 financial instruments.
  • Trade on MT4/5, cTrader or TradingView without restrictions.
  • Copy trading service is available.
  • Customer support is available 24/7.
  • Dislikes
  • No TradingView integration is available for now.
  • No investor compensation fund in the event of bankruptcy.
Our take on F*********

Enjoy low spreads and reliable trading conditions at all times with this award-winning broker. Open a Standard account to trade without commission, or a Raw account if you prefer to trade on raw spreads.

Access over 1,000 markets through MT4, MT5, cTrader and more recently TradingView. You'll find over 70 currency pairs, as well as gold and silver priced in US dollars, euros, Aussie dollars and other currencies. You can also go long or short on stocks and government bonds through over 40 ETFs.

Its free educational content also sets it apart from the competition. Get access to trading signals from Trading Signal and Autochartist as soon as you fund your account. You'll also get access to free trading courses for beginners and experienced traders, weekly webinars and e-books.

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4.0 / 5

Broker 2

F*** is an offshore broker established in 2010 in Nevis. Enjoy leverage up to 1:500 across Forex, gold, silver, energy and more. You'll know you're registering with its offshore entity if the registration form mentions "Central Clearing Ltd".

  • Likes
  • 100% bonus on your 1st deposit (up to US$2,000).
  • Flexible leverage up to 1:500.
  • All MT4 Expert Advisors are allowed.
  • No fees on deposits.
  • No minimum deposit.
  • Dislikes
  • MetaTrader 4 is the only available trading platform.
  • Withdrawal fees apply across some, but not all, funding methods.
Our take on F***

We particularly like F***'s high leverage (up to 1:500) available across all currency pairs, gold, silver, stock indices and energy products. Negative balance protection is available at all times.

Its MetaTrader 4 integration provides a smooth trading experience, with no lags and only minimal slippage. It accepts all trading styles and Expert Advisors, including scalping robots, without restrictions.

As this broker offers consistently low spreads, it is possible to enter and exit trades several times a day, to take advantage of even small price swings. Its ECN XL account has no commission. However, you should be aware that a $5 mark-up per lot will apply if you open an account through us.

Read review

4.6 / 5

Broker 3

79.28% of retail CFD accounts lose money

F**** is a global CFD broker with an offshore entity in the Bahamas. Enjoy leverage up to 1:200 across Forex, indices and gold, 1:25 across stocks and 1:20 across crypto. You'll know you're registering with its offshore entity if the registration form mentions "Global Markets Limited".

  • Likes
  • CFDs on 250+ instruments.
  • FxPro accepts all trading styles on MT4/5 and cTrader.
  • Trade on fixed or floating spreads, with or without commission.
  • Many deposit methods, including crypto and broker-to-broker transfers.
  • Get daily trading signals from Trading Central.
  • Dislikes
  • You cannot trade CFDs on ETFs or government bonds.
  • Copy trading isn't available.
Our take on F****

It's hard to find fault with F****, a regulated broker with a 20-year track record of success.

If you are new to trading, open a Standard account from a low $100 deposit. You'll enjoy a predictable trading environment with fixed, albeit wider, spreads.

And as you gain experience, you could turn to turn to its Raw account for razor-thin floating spreads and low commissions. This account requires a $1,000 minimum deposit.

The educational content available on F******** also caught our attention. You'll find learning paths for both beginners and advanced users, in the form of online courses, video tutorials and webinars.

Read review

4.7 / 5

Broker 4

77.82% of retail CFD accounts lose money

A******* is a global CFD broker with an offshore entity in the BVI. However, your ability to register with that entity will depend on your country. If the option is available to you, the account opening form will prompt you to choose an entity.

  • Likes
  • Over 750 financial instruments on MT4/5.
  • Get free daily trading signals.
  • Easily copy professional traders.
  • No fees on deposits or withdrawals.
  • Get one-on-one assistance when you deposit US$1,000.
  • Dislikes
  • You cannot trade on raw spreads.
  • Quarterly and annual inactivity fees.
Our take on A*******

The breadth of assets available to trade through its platform sets this broker apart from the competition. You'll find over 750 instruments, including currencies, stocks, indices, ETFs (and leveraged ETFs), precious metals, commodities, cryptocurrencies, and government bonds.

With A*******, the MT4 and MT5 platforms are available for Windows and iOS devices. Its web trading platform is sleek, with advanced charting tools. Spreads are competitive and fixed, which can provide a more predictable trading environment, well-suited for beginners.

Customer service is excellent. Every time a question has arisen, we've been able to speak to a customer support agent easily through a local telephone number. Our queries were resolved within minutes. Support is available five days a week through various channels, including WhatsApp.

Read review

4.3 / 5

Broker 5

Trading in CFDs carries a high level of risk thus may not be appropriate for all investors.

E***** is a global broker with entities in 3 offshore countries. Trade swap-free across most markets, including Forex and crypto. If you open an account with this broker, you'll automatically fall under one of its entities in the Seychelles, the BVI or CuraƧao.

  • Likes
  • Low and stable spreads.
  • No swap charges across most FX pairs.
  • Unlimited leverage on MetaTrader 4 and 5 (conditions apply).
  • Withdrawals processed instantly in a wide range of currencies.
  • Negative balance protection is available.
  • Dislikes
  • No access to a compensation fund in the event of bankruptcy.
  • No CFDs on agricultural commodities, ETFs or government bonds.
Our take on E*****

Once you start trading with E*****, you soon understand why this broker is trusted by over 500,000 active clients. We traded through its MT5 Standard account with spreads from just 0.3 pips. Most instruments have no swap charges at all, which makes it easy to estimate how profitable each trade could be.

You'll find a wide range of instruments through its platform. These include over 100 currency pairs, crypto, U.S. stocks, global indices and commodities. The gold and silver crosses against the euro, the British Pound and the Aussie dollar will appeal to gold bugs.

Its web trading platform, built around TradingView charts, is sleek. If you're into technical analysis, you'll be able to customise charts with over 100 indicators and save them for later. Visit E********* to create an account and see for yourself what this broker has to offer.

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4.1 / 5

Broker 6

Trading Forex/CFDs on margin carries a high level of risk.

4****** is an offshore broker founded in 2018 by Forex veterans. Trade Forex, metals, oil and stocks with leverage up to 1:500. It accepts all trading styles and Expert Advisors on MT4/5.

  • Likes
  • Enjoy flexible leverage up to 1:500.
  • Choose between MetaTrader 4 and 5.
  • All trading styles and Expert Advisors are allowed.
  • Fast execution speeds from its London data-centre.
  • Dislikes
  • Negative balance protection is only available across Forex and precious metals.
  • This broker is regulated in the Cook Islands, a country without an investor compensation fund.
Our take on 4**

4****** will appeal to you if you enjoy trading Forex, gold or silver on high leverage, up to 1:500. It accepts all trading styles on MT4 and MT5 without restrictions. And unlike some brokers, who'll adjust leverage dynamically, this broker keeps leverage constant at all times.

Alternatively, you may open a PAMM account or a copy trading account if you prefer to replicate other investors' trade. A copy trading account may be of interest to you if you lack the time or knowledge to trade the markets.

Customer support is available 6 days a week, and has always been professional in our interactions with them. So it's perhaps no surprise that 4** has received several awards commending the quality of its customer service.

Read review

Which offshore broker is right for you?

Unlike their regulated counterparts, offshore brokers typically provide higher leverage, and in some cases, financial incentives. However, they often offer fewer investor protections. The following discussion highlights brokers that may appeal to you, based on your experience and trading preferences.

Based on your experience

  • Beginners: F***'s MetaTrader 4 platform is the most user-friendly platform of all featured in this article. Its interface is noticeably less cluttered and easier to navigate than others. However, it offers little to no educational resources. Those interested in learning how to trade will need to look for trading courses and tutorials elsewhere.
  • Advanced traders: Brokers like F**** and F**** will appeal to experienced traders through their support for advanced charting tools, automated trading capabilities, and virtual private servers. Importantly, both brokers support all trading styles and place no restrictions on your use of trading robots on MetaTrader 4, 5, and cTrader.
  • Swing traders and day traders: will find F****' ECN trading environment and Raw account attractive. Day traders can also benefit from depth of market information available through a window in its MetaTrader 5 platform. This broker is the only broker in our panel to show depth of market information.

Based on your trading preferences

  • Fast account opening: Brokers established in offshore jurisdictions often have more flexible account opening procedures. We were able to open accounts in under 5 minutes through most brokers listed in this article. R************ goes even further and allows anyone to start trading without proof of ID.
  • Deposit bonus: F******* offers a 100% bonus on your first deposit, subject to a US$ 2,000 cap. We were able to withdraw our trading profits immediately. However, it doesn't accept clients from the USA, the European Union, and a handful of other countries. Additionally, it only supports the MetaTrader 4 platform, which may not be your first choice if you're an advanced trader.
  • High leverage: If high leverage is your first priority, we suggest opening an account with 4******. This broker offers leverage up to 1:500 across Forex, gold and silver, 1:200 across energy products, and 1:20 across cryptos. However, negative balance protection is only available across Forex and precious metals. This means that you may end up losing more money than you've invested if you trade outside of these asset classes.
  • Negative balance protection: Internationally regulated brokers like F********* and F******** offer negative balance protection to all clients, whichever entity they open an account with, even though no such requirement applies offshore. If this matters to you, we recommend focusing your search on one of these brokers.

Conclusion

Offshore brokers offer a number of advantages over regulated brokers, including higher leverage and faster account opening procedures. However, there are also some risks associated with trading through offshore brokers, such as the lack of access to a compensation fund(1). If you are planning on investing large sums of money, we suggest trading through several offshore accounts, rather than one, to protect yourself against your broker going bankrupt.

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Author

About the author

I'm Stefan, a trader and an entrepreneur. My mission with TrustedBrokers is to help you find the right broker for you, whether you're a beginner or a pro. I've personally used and tested the brokers on our service, opening and funding real-money accounts, contacting customer service and placing trades. I started my career in investment banking in London.

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