Choose your quick section of our Forex Brokers accepting USA Clients below.
Our 10 Best Handpicked Forex Brokers accepting USA Clients Revealed:
Traders are required to register with the Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA). There are, however, Forex brokers accepting USA clients that have the corresponding regulations offering their services to US traders and offshore brokers that also offer trading solutions to US traders.
Forex.com
Overview
Established in 2001, Forex.com is a multi-regulated STP, ECN, and DMA broker which is based in the United States, United Kingdom, and Japan. Forex.com offers its services to traders from around the world through strict regulation and authorisation through ASIC, CFTC, FCA, FSA, IIROC, JFSA, and NFA.
Forex.com has more than 200,000 registered traders from around the world who trade in more than 300 financial instruments which are scattered across several asset classes including forex, shares, commodities, equities, indices, and cryptocurrency.
Forex.com has been in operation for two decades and has built a substantial reputation with the longevity of the broker reassuring traders that they are dealing with an established broker. Forex.com is one of the leading online trading brokers in the world and has a proven record of accomplishment showing consistently exceptional trading conditions for retail traders.
In addition, Forex.com is the only broker that has an Execution Scorecard that shows the quality of the broker’s trade execution.
Pros and Cons
| PROS | CONS |
| Advanced trading tools offered | Fixed spreads not offered |
| Advanced, powerful trading platforms | Limited payment methods |
| Execution scorecard | |
| Strictly Regulated | |
| US Clients welcome |
Features
| Feature | Information |
| Regulation | ASIC, CFTC, FCA, FSA, IIROC, JFSA, NFA |
| Minimum deposit from | $50 |
| Average spread from | $0.11 on XAU/USD |
| Commissions from | $0 – $5 |
| Deposit/Withdrawal Fees | No |
| Maximum Leverage | 1:50 |
| Bonuses | Yes – Active Trader |
| Customer Support | 24/5 |
Oanda
Overview
Oanda is a reputable Market Maker broker that is based in the United States with corresponding regulation through CFTC and NFA, in addition to having regulation through IIROC, FCA, MAS, ASIC, and FFAJ in facilitating trades of numerous other traders in jurisdictions around the world.
Oanda has been in operation since 1996 and it was established by two professionals who wanted to change the way through which the world interacts with currencies. Oanda has offices in several other locations apart from the USA, and there is a dedicated team of expert analysts who provide updated news, analysis, and commentaries.
Oanda has won more than 50 industry awards over the years and it asserts that it is the sole execution venue for the orders of its traders. There is also no order book where these orders could provide or take liquidity and all orders are executed at the best available rates and optimal speeds.
Pros and Cons
| PROS | CONS |
| Advanced trading tools | No fixed spread accounts |
| Flexible trading platforms | Social trading not supported |
| Member of FSCS and CIPF | Spreads not the tightest in the industry |
| Multi-regulated | |
| No minimum deposit |
Features
| Feature | Information |
| Regulation | CFTC, NFA, IIROC, FCA, MAS, ASIC, FFAJ |
| Minimum deposit from | $0 |
| Average spread from | 1.2 pips EUR/USD |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:100 |
| Bonuses | None |
| Customer Support | 24/5 |
IG
Overview
IG is one of the oldest brokers in the industry and has offices based in several locations around the globe including Australia, UK, USA, Switzerland, UAE, Singapore, and Japan. IG is an award-winning and world-leading online provider of more than 16,000 tradable financial instruments.
Traders are provided with countless opportunities to trade in a secure and safe environment. IG is regulated and authorised to facilitate trades by FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, and MAFF.
In addition, IG is also one of few online trading brokers that is listed on the London Stock Exchange (LSE). IG offers traders with the opportunity to open larger positions through offering leveraged CFDs as part of its impressive, all-encompassing offer to both retail and institutional traders.
IG offers traders with the best pricing which consists of tight spreads, deep liquidity, and advanced dealing options. IG is committed to providing traders with some of the best trade execution, transparent fee schedules and an automated system which emphasises client interest first.
IG also ensures that traders get their desired price, or better, on both limit and at-quote orders. There is a positive slippage, guaranteed stops, and 98.3% of orders are filled.
Pros and Cons
| PROS | CONS |
| Strict, multiple regulations | High minimum deposit |
| Powerful trading platforms | |
| Variety of financial instruments | |
| Variety of account types | |
| Competitive trading conditions |
Features
| Feature | Information |
| Regulation | FCA, CFTC, NFA, BaFin, FINMA, ASIC, FMA, MAS, FSA, FSCA, DFSA, JFSA, METI, MAFF. |
| Minimum deposit from | $250 |
| Average spread from | 0.1 pips on Indices |
| Commissions from | 0.10% CFD EU |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 1:200 |
| Bonuses | None |
| Customer Support | 24/5 |
ATC Brokers
Overview
ATC Brokers is a UK-based STP and ECN broker that is regulated and authorised by the reputable FCA, CIMA, and NFA in facilitating a range of forex and CFD instruments through the popular MetaTrader 4 and FIX API.
ATC Brokers is an online trading broker that has a unique vision, catering for both retail and institutional clients through its comprehensive trading solutions and services. In addition, ATC Brokers also provides a scalable back office and MetaTrader Pro, adding additional features to the conventional MetaTrader 4 platform.
Traders are provided with modern technology which ensures swift trade execution speeds, the tightest spreads, and the benefit that multiple trading strategies and styles are incorporated, providing traders with a competitive edge to their trading.
Pros and Cons
| PROS | CONS |
| Managed Accounts offered | Fixed spread accounts offered |
| MetaTrader 4 and MetaTrader 5 offered | Limited financial instruments offered |
| Strict regulation | Restriction on traders from certain jurisdictions |
| Superior multilingual customer support |
Features
| Feature | Information |
| Regulation | FCA, CIMA, NFA |
| Minimum deposit from | $2,000 |
| Average spread from | 0.3 pips on EUR/USD |
| Commissions from | $6 |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:200 |
| Bonuses | No |
| Customer Support | 24/5 |
LQDFX
Overview
LQDFX is a broker based in the Marshall Islands that has been in operation since 2015 and offers traders from around the world with the trade in a variety of forex and CFD instruments.
LQDFX was established with the purpose of offering global traders with comprehensive trading solutions and services which reflects quality, honesty, and commitment in providing traders with a safe, dynamic trading experience.
LQDFX’s pricing and execution originates from top-tier banks that form part of an extensive list of liquidity providers, or LPs. In addition, LQDFX makes use of a price aggregator to match the orders of traders with the best possible price executions.
This allows for fast trade execution speeds and minimal requotes. In addition, LQDFX ensures that there is no conflict of interest between the broker or the trader where the broker’s commissions are concerned as LQDFX derives fees from the spreads and commissions charged on trades.
Pros and Cons
| PROS | CONS |
| Competitive trading conditions | Not the tightest spreads |
| Education offered | Offshore broker |
| Trading tools offered | Unregulated |
| Variety of bonuses offered | |
| Variety of tradable financial instruments |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $20 |
| Average spread from | 0.1 pips |
| Commissions from | $2.5 |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:500 |
| Bonuses | Yes |
| Customer Support | 24/5 |
FXGlory
Overview
FXGlory is a UAE-based Market Maker broker that has been in operation since 2011, with the mission of providing online forex trading to traders from around the world. Traders have access to a variety of forex and CFD which can be traded through the MetaTrader 4 trading platform.
FXGlory offers traders with high leverage, the advantage of commission-free trading, swift trade executions, and a choice between a variety of fixed spread trading accounts.
Pros and Cons
| PROS | CONS |
| 24/7 dedicated support | ECN execution not supported |
| Fixed spread accounts offered | Limited financial instruments |
| Flexible account funding | Limited trading platforms offered |
| Low minimum deposit | Unregulated |
| Swap-free accounts offered | Variable spread accounts not offered |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $1 |
| Average spread from | 0.1 pips |
| Commissions from | None |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:3000 |
| Bonuses | Yes |
| Customer Support | 24/7 |
ProsperityFX
Overview
ProsperityFX is a broker located in Saint Vincent and the Grenadines that offers traders from around the world with the trade in more than 55 forex pairs, 14 crypto pairs, indices, metals, energies, and stocks.
ProsperityFX was established in 2025 and offers competitive trading conditions which consist of tight spreads and competitive commissions which start form $1 per lot traded. There is high leverage up to 1:500 offered, and traders have access to a variety of trading accounts, each catering for the unique needs and objectives of traders.
Pros and Cons
| PROS | CONS |
| High leverage | Islamic account not yet offered |
| Low commissions | Number of jurisdictions excluded |
| Variety of financial instruments | Offshore broker |
| Variety of trading accounts | Spreads not the tightest |
| Unregulated |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $25 |
| Average spread from | 0.8 pips EUR/USD |
| Commissions from | $1 |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/5 |
Hugo’s Way
Overview
Hugo’s Way is an ECN and STP broker which is headquartered in Saint Vincent and the Grenadines, offering traders from around the world with the trade in forex and CFD instruments. Hugo’s Way accepts all traders despite their trading needs, objectives, styles, or level of experience.
Traders can trade a variety of trading strategies including hedging and scalping, and traders are offered with 24/7 dedicated customer support. Traders can trade more than 150 financial instruments through the powerful and popular MetaTrader 4 trading platform.
There are more than 50 different banks that make up Hugo’s Way’s liquidity pool with spreads aggregated from these banks to provide traders with the best possible pricing.
Pros and Cons
| PROS | CONS |
| 24/7 customer support | Contact telephone number not provided |
| All traders and strategies accepted | Unregulated |
| Low minimum deposit | |
| More than 150 financial instruments | |
| Tight spreads |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $10 |
| Average spread from | 0.7 pips |
| Commissions from | $5 |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/7 |
EagleFX
Overview
EagleFX is an ECN and STP broker which is headquartered in Dominica, offering traders with more than 100 tradable financial instruments along with 24/7 cryptocurrency trading. Apart from this, there is a generous selection of forex and CFDs which can be traded.
EagleFX offers traders with competitive trading conditions which consists of tight spreads, fast execution, and the use of an intuitive trading platform that features useful trading tools.
Pros and Cons
| PROS | CONS |
| More than 100 financial instruments | MetaTrader 5 not offered |
| Competitive spreads, commissions and execution speeds offered | Offshore broker |
| User-friendly MetaTrader 4 | |
| Various trading tools offered | |
| 24/7 Cryptocurrency trading |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $10 |
| Average spread from | Variable |
| Commissions from | $6 |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/7 |
LonghornFX
Overview
LonghornFX is a STP and ECN broker which is headquartered in Saint Vincent and the Grenadines. LonghornFX is an online trading brokers that offers more than 150 tradable financial instruments spread across several classes including forex, stocks, commodities, indices, and cryptocurrencies.
LonghornFX offers traders with competitive trading conditions consisting of tight spreads, low commission charges, and rapid trade execution. Traders have use of MetaTrader 4 through which trades can be executed in addition to 24/7 customer support.
Pros and Cons
| PROS | CONS |
| 24/7 customer support | No additional trading tools offered |
| All traders welcome despite jurisdiction or trading styles | No FIX API offered for DMA |
| Education offered | Unregulated |
| Low minimum deposit requirement | |
| Variety of tradable assets |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $10 |
| Average spread from | Variable spreads |
| Commissions from | $0 |
| Deposit/Withdrawal Fees | Some fees apply |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/7 |
AAFX Trading
Overview
AAFX Trading is an ECN broker which is headquartered in Saint Vincent and the Grenadines. With AAFX, traders have access to more than 250 financial instruments which can be traded either through MetaTrader 4 or MetaTrader 5.
AAFX Trading offers traders with the benefit of zero-commission trading, high leverage up to 1:200, access to daily market news, technical analysis, and educational tools and materials.
Pros and Cons
| PROS | CONS |
| Commission-free trading | Limited regulation |
| Competitive trading conditions | Offshore broker |
| Comprehensive educational materials | Social trading not offered |
| MetaTrader offered | |
| Variety of financial instruments |
Features
| Feature | Information |
| Regulation | SVG GSA |
| Minimum deposit from | $100 |
| Average spread from | 0.2 pips |
| Commissions from | None |
| Deposit/Withdrawal Fees | Yes |
| Maximum Leverage | 1:2000 |
| Bonuses | Yes |
| Customer Support | 24/5 |
TD Ameritrade
Overview
TD Ameritrade is a United States-based Market Maker and Exchange which has been in operation since 1975, with strict regulation and authorisation through SFC, FINRA, and SEC. TD Ameritrade offers with numerous trading opportunities in a variety of financial instruments which can be done through powerful trading platforms.
There is also provision made for a variety of trading tools, market research, educational materials, and dedicated, award-winning customer service. Traders are also offered with margin lending and additional cash management services.
Traders are offered with the benefit that there is no minimum deposit requirement and commissions are not charged on trades, there are, however, other fees which may apply.
Pros and Cons
| PROS | CONS |
| Large portfolio of investment products | High spreads |
| No commission fees | |
| No minimum deposit |
Features
| Feature | Information |
| Regulation | NFA, SIPC, FINRA |
| Minimum deposit from | None |
| Average spread from | 2.0 pips |
| Commissions from | No commission |
| Deposit/Withdrawal Fees | None |
| Maximum Leverage | 50:1 |
| Bonuses | Up to $600 cash promotion |
| Customer Support | 24/7 support |
Interactive Brokers
Overview
Interactive Brokers was founded in 1978 and is a well-regulated and reputable Market Maker broker which is headquartered in the United States with regulation through CFTC, NFA, IIROC, ASIC, FCA, and SFC.
Interactive Brokers is one of the largest and most reputable brokers in the US, offering its comprehensive trading solutions and services to traders from around the world.
Interactive Brokers offers traders with countless trading opportunities through a variety of accounts, sophisticated trading platforms, and competitive trading conditions.
Traders also have access to a variety of educational resources, market analysis, and research. Interactive Brokers make use of its own ‘SmartRouting’ technology that searches for the best market prices available, ensuring that orders are executed swiftly and at the best possible prices.
Interactive Brokers connects to more than 125 markets in 31 countries and sees more than 850,000 trades being executed daily.
Pros and Cons
| PROS | CONS |
| Comprehensive trading conditions | Fixed spread accounts not offered |
| Innovative platforms supported across multiple devices | Islamic Account option not offered |
| Multiple trading tools offered | MetaTrader not offered |
| Multi-regulated | Restricted leverage for some jurisdictions |
| Variety of accounts and options offered |
Features
| Feature | Information |
| Regulation | US SEC & CFTC, ASIC, FCA |
| Minimum deposit from | $0 |
| Average spread from | Variable spreads – not indicated |
| Commissions from | Tiered or fixed – not indicated |
| Deposit/Withdrawal Fees | After the first free withdrawal |
| Maximum Leverage | 1:400 |
| Bonuses | None |
| Customer Support | 24/5 |
Nadex
Overview
Nadex is a United States-based Exchange which is regulated through CFTC. Nadex is the largest binary options trading provider offering traders with flexible trading in forex, commodities, and stock indices.
There are numerous traders from around the world that make use of Nadex’s comprehensive trading solutions and service.
Pros and Cons
| PROS | CONS |
| Competitive trading conditions | CFDs not offered |
| Mobile trading offered | Cryptocurrencies not offered |
| Segregated client funds ensured | Limited forex pairs |
| Vast educational materials offered | Limited funding |
| Well-regulated |
Features
| Feature | Information |
| Regulation | CFTC |
| Minimum deposit from | $250 |
| Average spread from | None |
| Commissions from | $1 |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | None |
| Bonuses | Yes |
| Customer Support | 24/5 |
CloseOption
Overview
CloseOption is an international broker that offers traders with binary options services worldwide. Traders are offered with a real-time trading platform in addition to more than 30 forex pairs that can be traded as binary options contracts.
Pros and Cons
| PROS | CONS |
| 24/5 dedicated customer support | Limited standalone trading tools offered |
| Education provided | Limited trading instruments |
| Intuitive trading platform offered | Unregulated |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $5 |
| Average spread from | Variable |
| Commissions from | 8.4% |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | None |
| Bonuses | Yes |
| Customer Support | 24/5 |
JAFX
Overview
JAFX is a STP broker which is headquartered in Saint Vincent and the Grenadines, offering traders with the trade in a variety of financial instruments through the popular and powerful MetaTrader 4.
Pros and Cons
| PROS | CONS |
| MetaTrader offered | Broker not regulated |
| Decent variety of cryptocurrencies offered | Limited non-crypto financial instruments |
| Crypto trading 24/7 | Limited payment methods offered |
| No additional trading tools | |
| No education |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $10 |
| Average spread from | 0.4 pips |
| Commissions from | $4 |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | 1:500 |
| Bonuses | None |
| Customer Support | 24/7 |
Evolve Markets
Overview
Evolve Markets is a Saint Vincent and the Grenadines-based STP and ECN broker which has been in operation since 2016.
Traders are offered with a variety of forex and CFD instruments which can be traded through MetaTrader 4, MetaTrader 5, and the Evolve Markets proprietary trading platform.
Pros and Cons
| PROS | CONS |
| 24/7 customer support | Lack of education |
| Multiple asset classes offered | Limited financial instruments |
| Quick account opening process | Limited funding |
| User-friendly trading platforms offered | NO live chat or telephonic support |
| Unregulated |
Features
| Feature | Information |
| Regulation | None |
| Minimum deposit from | $1 |
| Average spread from | Variable |
| Commissions from | 0.0035% |
| Deposit/Withdrawal Fees | Some fees may apply |
| Maximum Leverage | 1:1000 |
| Bonuses | None |
| Customer Support | 24/7 |
FAQ
What is forex trading?
Forex trading involves the exchange of currencies on the forex market.
Why do most brokers not offer services to US traders?
Due to strict regulations which are in place with regards to international brokers offering their services to US citizens.
Can beginners trade in forex?
Yes. Anyone can start trading in forex.
Do these forex brokers offer demo accounts?
Most of these forex brokers offer demo accounts to forex traders.
Is forex trading legal in the US?
Yes. Forex trading is legal in the US.
Top 4 Brokers
