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.
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
| 🔎 Broker | 🥇 Regulated Alternative | 🚀 Open an Account | 🤝 Accepts US Traders |
| 🥇 PlexyTrade | Plus500 | 👉 Click Here | ✅Yes |
| 🥈 N1CM | IG | 👉 Click Here | ✅Yes |
| 🥉 AZA Forex | Interactive Brokers | 👉 Click Here | ✅Yes |
| 🏅 SolidECN | OANDA | 👉 Click Here | ✅Yes |
| 🎖️ xChief | eToro | 👉 Click Here | ✅Yes |
| 🥇 Hugo's Way | Trading.com | 👉 Click Here | ✅Yes |
| 🥈 MidasFX | Forex.com | 👉 Click Here | ✅Yes |
7 Best Unregulated Forex brokers that accept US clients
- ☑️ PlexyTrade – Overall, the Best Unregulated Forex Broker for US Clients
- ☑️ NumberOne Capital Markets – Bonus Offers and Promotions
- ☑️ AZAforex – No Minimum Deposit Forex Broker
- ☑️ SOLIDECN – Low USD Minimum Deposit Broker
- ☑️ XChief – STP/ ECN, No dealers, and No requotes
- ☑️ Hugo’s Way – High Leverage Forex Broker
- ☑️ 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 | FMA, FSA | USD 50 | Visit Broker >> |
| 🥉 |  | Read Review | FSCA, CySEC, DFSA, FSA, CMA | USD 0 | Visit Broker >> |
| 4 |  | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker >> |
| 5 |  | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | 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.
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Trading with an Unregulated Forex Broker has a long list of significant risks.
The risks involved include the possibility of Fraud and no safeguard for traders or trader funds.
Regulatory Authorities will offer added security and safeguards.
The benefits of trading with a Regulated Forex Broker include Transparency, Dedicated Customer Support, and, Secure Trading Operations.
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