Common restricted jurisdictions for offshore FX brokers
Countries where regulatory bodies impose restrictions or prohibit offshore FX solicitation include Japan (FSA), the United States (CFTC/NFA), Australia (ASIC), Canada, and New Zealand. Residents of these countries may be unable to open accounts with offshore brokers or face stricter onboarding requirements.
The passive solicitation model
Many offshore brokers operate on a passive solicitation basis: they do not market to residents of restricted jurisdictions, but accept applications from individuals who seek them out independently. This is a compliance posture, not a guarantee of legal permissibility in the user home country.
User responsibility
Traders are responsible for verifying whether using an offshore broker is legal in their home jurisdiction. This catalogue does not constitute financial advice and does not represent that any listed broker is legally accessible to residents of any specific country.