Best Offshore Brokers
If you're a looking for the best offshore broker for day trading, look no more. Here's our selection of high leverage regulated offshore brokers. You'll also find direct links to their offshore registration pages.
This blog is reader-supported. Please open a trading account through our links to tip us. Affiliate commissions keep our reviews impartial and ad-free.
You may open an account with these brokers wherever you live, except if you live in the United States, Iran, North Korea and a handful of other countries. When further restrictions apply, we'll make this clear.
Top 5 Offshore Brokers
- 1. FP Markets (St Vincent)
- 2. AvaTrade (BVI)
- 3. FxPro (Bahamas)
- 4. HYCM (St Vincent)
- 5. JustMarkets (Seychelles)
Offshore Broker Reviews
1. FP Markets (St Vincent)
FPMarkets.com is TrustedBrokers' "Best Offshore Broker" in 2023. FP Markets offers a true ECN trading environment with tight spreads and fast execution speeds. Trade CFDs on Forex, crypto-currencies, commodities, indices and thousands of stocks. Leverage up to 500 times on Forex and gold, 100 times on indices, 20 times on stocks and 50 times on Bitcoin when you open an account with its entity in Saint Vincent and the Grenadines.
FP Markets' huge selection of stocks sets it apart from other offshore brokers featured in this article. You can trade CFDs on 8,000 stocks listed in the US, UK, Australia, Hong Kong and even Singapore through the IRESS trading platform. FP Markets also supports the popular MetaTrader 4 and 5 platforms, and accepts all trading styles, without exception.
If you're interested in running automated trading scripts and Expert Advisors, you can do so directly from its low latency New York datacenter. FP Markets will even cover the cost of your virtual private server (VPS) if you deposit at least US$ 1,000 dollars (or an equivalent amount in your currency), and meet relatively low monthly trading volume requirements.
Click here to open an offshore trading account with FP Markets. You’ll know you're on the right page if the registration form mentions St Vincent and the Grenadines.
2. AvaTrade (BVI)
AvaTrade.com is a popular offshore broker operating from the British Virgin Islands (BVI). Trade CFDs over 1,000 instruments, across a large number of markets. Leverage up to 400 times on Forex, 200 times on indices, 200 times on gold and 25 times on crypto-currencies.
AvaTrade supports the MetaTrader 4 and 5 trading platforms and accepts all trading styles, except arbitrage. AvaTrade has partnered with Trading Central, the technical analysis platform, to embed trading ideas and signals directly within its trading platform. To access these signals, simply fund your account.
Click here to open your offshore account with AvaTrade in the BVI. You'll know you're on the right website when the word "Global" appears at the top of the page.
3. FxPro (Bahamas)
FxPro.com is an award-winning global broker with an offshore entity regulated in the Bahamas. Trade CFDs on 260 instruments across 6 asset classes. Leverage up to 200 times across Forex, indices and gold, 25 times across individual stocks and 20 times across crypto-currencies. FxPro has won numerous awards commending the quality of its service.
FxPro offers a wide range of trading platforms and trading conditions. Trade on fixed spreads with instant execution on MetaTrader 4 if you prefer certainty of pricing. Trade on variable spreads through MetaTrader 5 if you prefer a more dynamic environment with depth of market information. Or trade on raw spreads plus commission through cTrader if you prefer market execution.
Click here to open an offshore trading account with FxPro in the Bahamas. This link will take you straight through to the account opening page. You'll know you're registering with the Bahamian entity when "FxPro Global Markets Ltd" appears at the bottom of the page.
4. HYCM (St Vincent)
HYCM is another international broker operating from St Vincent and the Grenadines. You can trade CFDs on 300 instruments across a wide range of asset classes. Leverage up to 500 times across Forex, 200 times across indices and gold, 20 times across individual stocks and 5 times across crypto-currencies.
We like that HYCM also supports the MetaTrader 4 and 5 platforms, and allows all Expert Advisors, except those with a focus on scalping. It offers 3 different trading accounts: one with fixed spreads, another with variable spreads and the third with raw-spreads, plus commission.
Click here to open an offshore account with HYCM. Our link will take you straight through to the offshore account registration page, which isn't easily available on its website. You’ll then be prompted to choose between its offshore website and its European one.
5. JustMarkets (Seychelles)
JustMarkets, registered in the Seychelles, is one of our top 5 offshore brokers. However, please note that it cannot provide services to residents of Australia, Canada, the EU (and EEA), Japan, the UK or the USA. If you live in any of these countries, you'll need to consider a different offshore broker.
With JustForex, you can leverage up to 3,000 times across all asset classes: Forex, metals, indices, shares, energies and even cryptocurrencies. JustMarkets.com accepts all trading styles and Expert Advisors on the MetaTrader 4 and 5 platforms. Perhaps it's no surprise that it was voted "Best Broker in Asia 2022" in the UF Awards.
JustMarkets accepts deposits and withdrawals in a wide range of fiat and crypto-currencies. Crypto-currencies include Bitcoin, Ethereum as well as stablecoins like Tether (USDT), Circle (USDT) and Binance USD (BUSD). The minimum deposit is just $5 across most funding methods.
Before you sign-up, you should be aware that none of these offshore jurisdictions offers investor compensation schemes. Should any of these brokers go bankrupt, you could stand to lose all or part of the money you have invested. If this is a concern to you, why not open offshore trading accounts with multiple brokers, or chose one that is also regulated in the UK, the EU or Australia.
MT5 Floating - Market Execution
Trade 70+ currency pairs, indices, energies and metals on floating spreads with market execution. ... MoreTrade 70+ currency pairs, indices, energies and metals on floating spreads with market execution. All EAs are allowed.
ECN RAW Account [MT5]
Trade over 60 pairs of currencies as well as CFDs on metals, indices and commodities through MT5 ... MoreTrade over 60 pairs of currencies as well as CFDs on metals, indices and commodities through MT5 with this ECN account. Get ultra-fast execution speeds under 40 milliseconds.
Best Pro Account
AvaTrade Account [BVI]
Trade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and... MoreTrade 55 currency pairs on fixed spreads, plus CFDs on crypto-currencies, stocks, indices, bonds and commodities. This account, registered in the British Virgin Islands, has significantly higher leverage.
- $100 deposit
- 1:400 leverage
- 0.9 pips EUR/USD
- Regulators: Australia, BVI, Cyprus (EU), Gibraltar, Israel, Japan, South Africa, UAE
Best Swap-Free Account
Islamic Account [MT4]
Trade Forex as well as CFDs on shares, indices and metals on floating spreads without commission. ... MoreTrade Forex as well as CFDs on shares, indices and metals on floating spreads without commission. This Islamic account has no swap or rollover charges when you keep positions overnight. Terms and conditions apply.