
We have listed the 5 Best Offshore Forex Brokers that accept US traders, offering access to global currency markets, indices, and CFDs. These brokers feature competitive spreads, flexible leverage, trusted oversight, and stable platforms, allowing both new and experienced traders to trade internationally with greater confidence and overall efficiency.
5 Best Offshore Forex Brokers that Accept US Traders
- Plus500 – Overall, the Best Offshore Forex Broker that accepts US Traders
- IG – CFTC and NFA Regulated Forex Broker
- Interactive Brokers – Impressive Proprietary Offering
- OANDA – Responsive Mobile Trading Experience
- eToro – The Best Forex Broker for Beginners in the USA
Top 10 Forex Brokers (Globally)
1. Plus500
Plus500 is a globally recognized and regulated Forex and CFD Broker that accepts US Traders without restriction. Moreover, the Broker is registered as an FCM with the US Commodity Futures Trading Commission (CFTC).
Trading instruments and Products include CFDs on forex, indices, cryptocurrencies, commodities, options, and ETFs.
| Minimum Deposit: $100 Regulated by: FCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTC Crypto: Yes * 80% of retail CFD accounts lose money. | |
* Note: CFDs are not available for US traders.
** Note: Plus500 only offers Futures trading in the United States. All promotions, features, and product availability related to Plus500Futures apply exclusively to the US site and app and are separate from Plus500 CFD and Plus500Invest offerings.

Frequently Asked Questions
Does Plus500 accept US traders?
Yes, Plus500 does accept US traders, but with a very important distinction: you cannot trade “Spot Forex” or CFDs like their international clients.
What trading platforms does Plus500 offer?
Plus500 uses its own proprietary trading platform, available via web browser, desktop, and mobile apps. The platform is designed to be user-friendly and includes real-time quotes, risk management tools, and advanced charting features.
| Minimum Deposit: $100 Regulated by: FCA, CySEC, ASIC, MAS, FSA, EFSA, DFSA, CFTC Crypto: Yes * 80% of retail CFD accounts lose money. | |
* Note: CFDs are not available for US traders.
** Note: Plus500 only offers Futures trading in the United States. All promotions, features, and product availability related to Plus500Futures apply exclusively to the US site and app and are separate from Plus500 CFD and Plus500Invest offerings.
Pros and Cons
Final Score
Our Insights
Plus500 is a well-regulated broker with an easy-to-use platform and broad market access. While it lacks MetaTrader and has regional restrictions, it remains a solid choice for traders seeking simplicity and strong risk management tools.
2. IG
| Minimum Deposit: $250 Regulated by: FCA, ASIC, CFTC, NFA, BaFin Crypto: Yes | |
IG is a trusted and well-established Forex and CFD services provider with regulations including the CFTC and NFA. In addition, it is governed by the FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, and the BMA.
Trading instruments and Products include Forex, Indices, Share CFDs, Commodities, Cryptocurrencies, Futures, Options, Bonds, ETFs, Digital 100s, and Interest rates.

Frequently Asked Questions
Is IG a legit broker?
Yes, IG is a legit and well-established broker, regulated by top-tier authorities such as the FCA (UK), ASIC (Australia), and others, offering a high level of trust and transparency.
What markets can I trade with IG?
IG provides access to forex, indices, shares, commodities, cryptocurrencies, ETFs, and options, allowing traders to diversify across global financial markets.
| Minimum Deposit: $250 Regulated by: FCA, ASIC, CFTC, NFA, BaFin Crypto: Yes | |
Pros and Cons
Final Score
Our Insights
IG is a legit, globally regulated broker offering extensive market access, professional platforms, and strong educational support. While some costs may be higher, it remains a trusted choice for serious and long-term traders.
3. Interactive Brokers
| Minimum Deposit: $0 Regulated by: SEC, FINRA, FCA, ASIC Crypto: No | |
Interactive Brokers is a trusted and highly regulated Forex and Financial Services provider. In addition, licenses and regulations in the United States include the CFTC and NFA. Moreover, IB accepts U.S. clients without restriction.
Trading instruments and Products include Forex, Stocks, ETFs, Options, Futures, Indices, Mutual funds, Cryptocurrencies, Metals, and Bonds.

Frequently Asked Questions
Is Interactive Brokers suitable for beginners?
While Interactive Brokers provides powerful tools and competitive pricing, its platforms are more complex, making it better suited to experienced traders rather than complete beginners.
What markets can I trade with Interactive Brokers?
Interactive Brokers offers access to global stocks, forex, options, futures, bonds, ETFs, and CFDs, making it suitable for diversified and international trading strategies.
| Minimum Deposit: $0 Regulated by: SEC, FINRA, FCA, ASIC Crypto: No | |
Pros and Cons
Final Score
Our Insights
Interactive Brokers is a legal, globally trusted broker offering advanced platforms, low trading costs, and broad market access. While not beginner-friendly, it remains an excellent choice for professional and high-volume traders.
Top 3 Offshore Forex Brokers that Accept US Traders – Plus500 vs IG vs Interactive Brokers

4. OANDA
| Minimum Deposit: $0 Regulated by: NFA, CFTC Crypto: Via Paxos | |
OANDA is a trusted tier-1 regulated global services provider. US Regulatory authorities include the CFTC and NFA.
Trading instruments and Products include Forex, Indices, Commodities, Metals, Shares, Energies, and Cryptocurrencies.

Frequently Asked Questions
Is OANDA an approved broker?
Yes, OANDA is a widely approved and regulated broker, overseen by top authorities such as the CFTC, NFA (US), FCA (UK), and other leading regulators worldwide.
Does OANDA offer demo accounts?
Yes, OANDA provides free demo accounts, allowing traders to practice strategies and learn the platform without risking real money.
| Minimum Deposit: $0 Regulated by: NFA, CFTC Crypto: Via Paxos | |
Pros and Cons
Final Score
Our Insights
OANDA is an approved, trusted forex broker with competitive pricing, easy-to-use platforms, and strong regulation. While its product range is narrower than some competitors, it remains an excellent choice for forex-focused traders.
5. eToro
| Minimum Deposit: $200 Regulated by: FCA, CySEC, MFSA, ADGM, ASIC, FSAS, FinCEN Crypto: Yes | |
eToro is a popular Forex Brokerage that accepts US clients under the governance of the NFA. Additional licenses and regulations include CySEC, FCA, ASIC, FSA, and FINRA.
Trading instruments and Products include Forex, Stocks, Crypto CFDs, Indices, Commodities, and ETFs.

Frequently Asked Questions
Can US traders use eToro?
Yes. eToro does accept US traders, but access may be limited to certain products (for example, CFDs are not available in the US).
Is eToro an authorized broker?
Yes, eToro is an authorized and regulated broker in multiple regions, including oversight from the FCA (UK), CySEC (EU), and ASIC (Australia).
| Minimum Deposit: $200 Regulated by: FCA, CySEC, MFSA, ADGM, ASIC, FSAS, FinCEN Crypto: Yes | |
Pros and Cons
Final Score
Our Insights
eToro is an authorized, beginner-friendly broker with standout social and copy trading features and broad asset access. While it lacks advanced tools and has higher spreads, it’s a strong choice for casual and social investors.
What is an Offshore Forex Broker?
An offshore forex broker is a foreign-based brokerage firm that provides access to the forex market (and sometimes CFDs or other financial instruments) but is located outside the trader’s home country. These brokers are usually registered in jurisdictions with less stringent regulatory requirements than major markets like the US, UK, or EU.
Key points about offshore forex brokers:
- Regulation: They are regulated in their own country, which may have lighter oversight compared to top-tier regulators. Some are reputable, while others carry a higher risk.
- Access for US Traders: Some offshore brokers accept US clients, often offering higher leverage or more flexible trading conditions, but US residents must be careful to trade only with brokers compliant with legal US rules.
- Advantages: Often provide higher leverage, a wide range of instruments, and more flexible account types.
- Risks: Potential for less investor protection, limited legal recourse in disputes, and higher risk if the broker is not well-regulated.
An offshore forex broker lets traders access international markets from outside their home country, often with more flexible terms, but it’s important to carefully check legality, regulation, and reliability.
Criteria for Choosing an Offshore Forex Broker that accepts US Traders

Top 5 Offshore Forex Brokers that Accept US Traders – A Direct Comparison
What Real Traders Want to Know!
Q: Can US residents legally trade with offshore forex brokers? – Michael J.
A: Yes, US residents can trade with certain offshore brokers, but it’s important to ensure the broker complies with US regulations for specific products like futures or approved forex instruments. Not all offshore brokers accept US clients.
Q: What should I check before opening an account with an offshore broker as a US trader? – Sara L.
A: Make sure the broker accepts US clients, is regulated in its home country, provides secure deposit methods, and offers transparent trading conditions with clear fees and spreads.
Q: Are there any risks when using offshore forex brokers as a US trader? – David M.
A: Yes, risks include limited legal protection, potential regulatory issues, and the possibility of broker insolvency. Always choose well-regulated offshore brokers with a strong reputation and verified client reviews.
Pros and Cons

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In Conclusion
Offshore forex brokers that accept US traders offer global market access, higher leverage, and flexible accounts. However, regulatory and legal risks exist, so careful research is essential to trade safely and maximize opportunities.