#1Top Pick
Interactive Brokers
Listed broker with global market access, lowest financing rates we benchmark, and the powerful TWS workstation.
Neg. Balance ProtectionSegregated FundsRaw Spreads
4.6/ 5
Best Forex Brokers in United States
Last updated
5
Brokers
Lowest Min. Deposit
$0
Active Regulators
20 regulators
The brokers listed here have been reviewed for their forex trading services available to US residents, including regulation, fees, platforms, and customer protections. All US retail forex brokers must be registered with the Commodity Futures Trading Commission (CFTC), a tier 1 regulator, and adhere to strict oversight on client fund segregation and reporting standards. Retail traders face a leverage cap of 50:1, and access is limited to firms holding both CFTC registration and National Futures Association (NFA) membership, meaning only a small number of global brokers operate directly in the US market.
Top American Forex Brokers
5 forex brokersSort:
NFA- and FCA-regulated with strong US/UK coverage, transparent historical pricing, and excellent research.
Neg. Balance ProtectionSegregated FundsMT4/MT5Primary licence: CFTCNFAtastytrade is the standout US options broker for active derivatives traders: capped commissions, a platform built from the ground up for options flow, and a financial media platform that doubles as education. US-only.
Neg. Balance ProtectionSegregated Funds- TrendingNeg. Balance ProtectionSegregated FundsNeg. Balance ProtectionSegregated FundsRaw SpreadsMT4/MT5
Other Countries
Frequently Asked Questions
Forex trading is restricted in United States. The country currently has 5 brokers operating under its regulatory framework. Always verify a broker's licence with the CFTC before depositing funds.
Look for brokers regulated by the CFTC or a Tier 1 regulator such as the FCA or ASIC. Compare spreads, leverage caps, available instruments, and customer support in your language. Our list above is sorted by overall rating to help you shortlist quickly.
Regulated brokers under the CFTC are required to segregate client funds from company funds and participate in investor compensation schemes where applicable. Always check the broker's regulatory status and read the terms before depositing.
Leverage limits vary by jurisdiction. Under CFTC rules, traders in United States are subject to local leverage restrictions, capped at 1:50 for major pairs. Check the specific broker's terms for the leverage available to residents of United States.
Yes. Most brokers available in United States offer iOS and Android apps compatible with platforms such as MetaTrader 4, MetaTrader 5, and cTrader. Look for brokers that list "Mobile Trading" as a key feature.
