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Best Forex Brokers in USA

US Forex Brokers registered with CFTC and regulated by NFA accepting US Clients
Here you can find Forex brokers accepting US clients to trade currencies online. You might want to compare the Euro (EUR) currency against the value of the U.S. Dollar (USD). We can help with your forex investments. The forex market, operating 24 hours a day for five days a week, is the world’s most extensive and liquid market, encompassing trading of all global currencies. Top Brokers will help you find the online broker for you.
All these brokers are operating under U.S. regulations: registered with CFTC and regulated by NFA. We have not included any of the offshore Forex brokers that provide services to the US clients, turning a blind eye to the Dodd-Frank Wall Street Reform and Consumer Protection Act, while it prohibits it. According to this regulation, adopted in 2010, – only brokers, registered in the USA can provide trading services to Americans.

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  • Specialized trading accounts
  • 24/7 instant money withdrawal
Pros
  • Top-Tier Regulation

  • Low Forex Fees

  • No Withdrawal Fees

Cons
  • High Stock CFD Fees

  • Limited Product Portfolio

  • User Interface Could Be More Intuitive

  • Withdraw fee$0
  • Deposit fee$0
  • Max Leverage1:50
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73%-77% of retail investor accounts lose money when trading CFDs with this provider.
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OANDA
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OANDA
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  • Exceptional Execution
  • US Clients
  • Scalping
Pros
  • OANDA is among the few international online forex brokers that accept U.S. clients.

  • The broker’s trading platforms are unique with features of various valuable tools and resources, including the famous Dow Jones Forex Select news and trading calculators.

  • OANDA does not require a fixed initial deposit on the standard account.

Cons
  • OANDA’s financial offerings have some irregularities that may only suit some traders

  • -Trading on OANDA may incur several fees, including a monthly inactivity fee

  • Withdraw feeN/A
  • Deposit feeN/A
  • Max Leverage1:50
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  • Specialized trading accounts
  • 24/7 instant money withdrawal
Pros
  • Competitive spreads start from 0.1 pips on major currency pairs.

  • Leverage up to 1:500 for the Standard account.

  • Multiple payment methods, including bank wire transfers, credit/debit cards, and online payment systems such as Skrill and Neteller.

Cons
  • Restricted to residents of certain countries, including the United States, Canada, and others.

  • No Regulation by a tier-1 financial service regulator.

  • Scalping is restricted, which may not suit traders who employ this strategy

  • Withdraw feeN/A
  • Deposit feeN/A
  • Max Leverage1:500
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  • Wide range of payment options
Pros
  • Colmex Pro provides traders with competitive leverage up to 1:30 for forex instruments and up to 1:20 for professional clients trading stocks.

  • The Broker is regulated by the Cyprus Securities and Exchange Commission (CySEC), which ensures that the company follows strict financial and ethical guidelines.

  • Traders can fund their accounts using various methods such as credit/debit cards, bank transfers, and online payment methods like PayPal. Withdrawals can also be made via Visa, MasterCard, or PayPal.

Cons
  • Colmex Pro lacks educational resources such as webinars, trading guides, and other materials to help traders improve their skills.

  • Customer support is only available during weekdays and not 24/7, which could be inconvenient for traders in different time zones.

  • While the first transaction of the month under or equal to $500 is free, any following withdrawals are charged a fee of $40 (or €30 for Euro accounts), which may be high compared to other brokerage firms.

  • Withdraw fee$25
  • Deposit fee$0
  • Max Leverage1:400
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  • Variety of Trading Instruments
  • WebTrader Platform
  • Simple Registration
Pros
  • Trading.com stands out for its competitive spreads, allowing traders to access markets at favorable pricing.

  • The platform offers user-friendly trading platforms, notably the MetaTrader 5 terminal, facilitating a smooth trading experience.

  • Traders can access a decent array of tradable instruments, including Forex, stocks, commodities, indices, metals, and energies.

Cons
  • Trading.com’s trading platform options are limited, offering only the MetaTrader 5 (MT5) platform for traders.

  • The platform’s educational resources are relatively limited, potentially leaving traders seeking more comprehensive learning materials.

  • Trading.com is exclusively available to clients within the United Kingdom, limiting its accessibility to a global audience.

  • Withdraw fee$0
  • Deposit fee$0
  • Max Leverage1:30
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  • 24/7 instant money withdrawal
Pros
  • Unparalleled Market Access 

  • Competitive Pricing 

  • Advanced Trading Tools

Cons
  • Steep Learning Curve

  • Customer Service Could Be Better

  • Withdraw feeN/A
  • Deposit feeN/A
  • Max LeverageN/A
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  • Free VPS hosting
  • Specialized trading accounts
  • 24/7 instant money withdrawal
Pros
  • Highly Regulated and Trustworthy

  • Competitive Spreads on Major Pairs

  • Fast Execution Speeds

Cons
  • Limited Asset Classes

  • Withdrawal Fees for Wire Transfers

  • Educational Resources Not Fully Developed

  • Withdraw feeN/A
  • Deposit feeN/A
  • Max LeverageN/A
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  • Variety of Trading Instruments
  • Advanced Trading Tools
  • Retirement Planning
  • Investment Research
Pros
  • Wide Range of Assets: TD Ameritrade offers a wide range of financial products, including stocks, options, mutual funds, ETFs, bonds, futures, and forex, allowing investors to diversify their portfolios.

  • User-Friendly Platforms: TD Ameritrade offers user-friendly platforms, such as thinkorswim and the TD Ameritrade website, which are easy to navigate and provide various tools for investors.

  • Research and Education: TD Ameritrade provides investors with various research and education resources, including webinars, articles, and market analysis tools.

Cons
  • High Fees: TD Ameritrade’s commission rates can be high compared to other online brokers, especially for options trading.

  • Limited Availability: TD Ameritrade is only available in a few countries, which may limit its accessibility for some investors.

  • Inactivity Fees: TD Ameritrade charges inactivity fees if an account has been inactive for a certain period, which can be frustrating for some investors.

  • Withdraw fee$0
  • Deposit fee$0
  • Max Leverage1:4
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  • Specialized trading accounts
  • PayPay for deposit
Pros
  • High leverage options (up to 1:1000) for experienced traders.

  • Multiple account types to suit different trading needs.

  • User-friendly platforms, including mobile trading.

Cons
  • Limited information on regulatory licensing and oversight.

  • Located in St. Lucia, a jurisdiction that may raise regulatory concerns.

  • Lack of detailed information on fees or additional charges.

  • Withdraw fee$0
  • Deposit fee$0
  • Max Leverage1:1000
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  • Specialized trading accounts
  • Affiliate Program
Pros
  • One of the main advantages of Mirrox is the variety of account types it offers. This allows traders to choose an account that fits their trading experience and style, from beginners to more advanced users.

  • Mirrox provides a maximum leverage of up to 1:400, which can be appealing for those who want to maximize their trading opportunities. This high leverage enables traders to control larger positions with a smaller investment, though it’s important to remember that it also increases the risk.

  • The broker ensures multiple ways to reach support, including live chat, email, and phone. This accessibility is bolstered by 24/7 availability, meaning traders can get help whenever they need it, regardless of their time zone.

Cons
  • Mirrox does not currently offer a mobile trading app, which could be inconvenient for traders who prefer to manage their trades on the go.

  • The platform lacks social or copy trading features, which are popular among traders who like to follow or mirror more experienced traders’ strategies.

  • Mirrox operates with a single trading platform (WebTrader), which might not appeal to traders who prefer using other popular platforms like MetaTrader 4 or 5. The lack of platform choice can be limiting for those who are used to other trading software or want to try different interfaces.

  • Withdraw fee3.5%
  • Deposit fee$0
  • Max Leverage1:400