7 Best Unregulated Forex Brokers that accept US clients

The 7 Best Unregulated Forex brokers that accept US clients – Rated and Reviewed. We have listed the Best Unregulated and Offshore Forex Brokers that accept US Clients.

	Broker	Website
🥇		Visit Broker
🥈		Visit Broker
🥉		Visit Broker
4		Visit Broker
5		Visit Broker
6		Visit Broker
7		Visit Broker

In this in-depth guide, you will learn:

• The Best Unregulated Forex Brokers that accept US Clients – a List
• Offshore Forex Brokers that accept Beginners in the USA
• Why do Forex Brokers not accept traders for the US?
• Is it Safe to Trade with an Unregulated Forex Broker?

and much, MUCH more!

7 Best Unregulated Forex brokers that accept US clients

7 Best Unregulated Forex brokers that accept US clients

1. ☑️ PlexyTrade – Overall, the Best Unregulated Forex Broker for US Clients
2. ☑️ NumberOne Capital Markets – Bonus Offers and Promotions
3. ☑️ AZAforex – No Minimum Deposit Forex Broker
4. ☑️ SOLIDECN – Low USD Minimum Deposit Broker
5. ☑️ XChief – STP/ ECN, No dealers, and No requotes
6. ☑️ Hugo’s Way – High Leverage Forex Broker
7. ☑️ MIDASFX – Best MetaTrader Broker for Beginners in the US

PlexyTrade

PlexyTrade is an unregulated Forex Broker that accepts traders from the United States. The Minimum deposit required to open an account is 50 USD. In addition, notable factors and features include:

• USD and EUR Base Currencies
• Segregated Client Funds
• Islamic, Swap-Free Trading
• Access to over 40 Currency Pairs
• MetaTrader 4 and MetaTrader 5

Trading instruments and Products include Forex, CFDs, Metals, Oil, Stocks, and, Indices.

NumberOne Capital Markets

N1CM is an offshore forex broker governed by the Vanuatu Financial Services Commission (VFSC). In addition, it accepts clients from jurisdictions where restrictions may apply, including the United States. Notable Factors and Features include:

• Tight Spreads on Major Currency Pairs
• Access to over 50 Currency Pairs
• Leverage of up to 1:1000
• MetaTrader 4 and MetaTrader 5
• Spreads from 0.1 Pips

Moreover, it should be noted that a high ECN Commission applies. Furthermore, trading instruments and Products include Forex, Commodities, Shares, Indices, and Cryptocurrencies.

AZAForex

AZAforex is a legally registered forex broker in Saint Vincent and the Grenadines. However, it is not regulated by any government agency. In addition, notable Factors and Features include:

• Start, Pro, and, VIP Account
• Spreads from 0.1 Pips
• Leverage of up to 1:1000
• No Minimum Deposit is Required
• Access to Over 40 Currency Pairs

Moreover, it should be noted that a Currency Fee is charged. Furthermore, trading instruments and Products include Forex, Cryptocurrency, Indices, Metal, Energy, and, Stocks.

Solid ECN

Solid ECN is an offshore Forex services provider headquartered in Saint Vincent and the Grenadines. Moreover, it is not governed by any acclaimed or trusted agencies. Notable factors and features include:

• Leverage of up to 1:1000
• 1 USD Minimum Deposit
• Spreads from 0.1 Pips
• Negative Balance Protection

In addition, Scalping, Hedging, News, and EA are allowed. Trading instruments and Products include Forex, Futures, Cryptocurrency, Indices, Metals, Energy, and, Stocks.

xChief

Forex Chief or xChief is a Forex Broker in Mwali, governed by MISA. Notable factors and features include:

• Low 10 USD Minimum Deposit
• Leverage of up to 1:1000
• MetaTrader 4 and MetaTrader 5
• Bonus Offers and Promotions

Trading instruments and Products include Currencies, Crypto, Indices, Metals, and,  Energies.

Hugo’s Way

Hugo’s Way is a non-regulated online Forex and CFD broker. Moreover, it is registered in St. Vincent and the Grenadines. Notable factors and features include:

• Low 10 USD Minimum Deposit
• Leverage of up to 1:500
• Spreads from 0.1 Pips
• Scalping and Hedging are Offered

In addition, trading instruments and products available are Forex, Stocks, and, Cryptocurrency.

MidasFX

MidasFX is a non-regulated Forex Brokerage located in Saint Vincent and the Grenadines. In addition, notable Factors and Features include:

• Low 1 USD Minimum Deposit
• Leverage of up to 1:1000
• MetaTrader 4 and MetaTrader 5
• Access to over 40 Currency Pairs
• Spreads from 0.0 Pips

Furthermore, trading instruments and Products include Currencies, cryptocurrencies, indices, and, Metals.

Is it Safe to trade with Unregulated Forex Brokers?

Trading with an Unregulated Forex Broker has a long list of significant risks. Unregulated Forex Brokers may offer benefits such as fewer restrictions, high bonus offers, or, high leverage. However, the risks involved include the possibility of Fraud and no safeguard for traders or trader funds. Additional risks include:

• Difficulty of Accessing or Withdrawing Funds
• Unfair Trading Conditions or Price Manipulation

Furthermore, if a dispute arises, traders will have limited options for finding a resolution.

In Conclusion

We would advise Traders in the United States to trade with a Highly Regulated Forex Broker such as Plus 500, IG, or, Interactive Brokers.

	Broker	Review	Regulators	Min Deposit	Website
🥇		Read Review	ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA	USD 100	Visit Broker
🥈		Read Review	FSCA, IFSC, ASIC, CySEC, DFSA, FCA	USD 5	Visit Broker
🥉		Read Review	FCA, FSCA, FSC, CMA	USD 200	Visit Broker
4		Read Review	ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB	USD 200	Visit Broker
5		Read Review	FSC, FSA, VFSC	USD 10	Visit Broker
6		Read Review	CySEC, MISA, FSCA	USD 25	Visit Broker
7		Read Review	CySEC, FCA, FSA, FSCA, Labuan FSA	USD 100	Visit Broker
8		Read Review	CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA	USD 10	Visit Broker
9		Read Review	ASIC, CySEC, FSCA, CMA	USD 100	Visit Broker
10		Read Review	IFSC, FSCA, ASIC, CySEC	USD 1	Visit Broker

Our Insights

While reviewing the Best Unregulated Forex Brokers that accept US Traders, we found several options. Finding the Best Forex Broker will depend on a trader’s individual trading needs. However, this list must not be considered as financial advice, and we urge traders to select a trusted, well-established, and, highly regulated Brokerage for Forex Trading.

You might also like:

• Plus500 Review
• IG Review
• Interactive Brokers Review
• OANDA Review
• eToro Review