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Choosing a forex broker in United States starts with the legal entity, not the trading app. U.S. residents should verify the firm in NFA BASIC and check whether the product, account type and solicitation are permitted under CFTC rules.

The 7 brokers below are compared using recorded regulation, account terms, platforms and trading-environment fields. Their inclusion does not establish NFA/CFTC authorization or confirm that residents of United States can open the specific account shown; both points must be verified with the broker and the official register.

NFA/CFTC check: Review the exact legal entity and its permitted activities on the National Futures Association and Commodity Futures Trading Commission official site or register. A global regulatory record does not by itself prove local authorization or account availability.

The operating record begins in 2002.

A simulated environment is available for testing the platform before funding.

The operating record begins in 2001.

Trading access is recorded through Self-developed, MT5, MT4, Android, IOS.

Operations are recorded from 2001.

A simulated environment is available for testing the platform before funding.

4

The profile traces its history to 2004.

A simulated environment is available for testing the platform before funding.

5

Operations are recorded from 2010.

The profile records 5 regulated entries under FCA, CYSEC, ASIC, ADGM.

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Forex Broker

License

Minimum Spread

Maximum Leverage

Minimum Deposit

Open Account

Details

Compare

8.82
Regulated
1. EURUSD 0,6 Emas 0,3
1. 1:200
1. 0,1, 0,01 (MT4)
Regulated
1. Dari 0.0
1. 1:200
1. 0,01
Domestic Regulation
1. serendah 1.0
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Why These Brokers Stand Out for Traders in United States

InteractiveBrokers

  • an operating record beginning in 2002.
  • recorded mobile trading access.
  • a simulated-trading environment for order practice.

IG

  • an operating record beginning in 2001.
  • a minimum deposit recorded at $0.
  • account conditions that permit scalping.

CMC MARKETS

  • 2 documented account configurations.
  • 5 listed platform types, including Self-developed, MT4, MT5, Android.
  • an operating record beginning in 2001.

FOREX.com

  • support for expert advisers or automated strategies.
  • recorded mobile trading access.
  • 5 listed platform types, including Self-developed, MT4, MT5, IOS.

eToro

  • recorded mobile trading access.
  • 3 listed platform types, including Self-developed, IOS, Android.
  • a simulated-trading environment for order practice.

XTB

  • a simulated-trading environment for order practice.
  • an operating record beginning in 2011.
  • 4 regulated entries: FCA, CYSEC, BAPPEBTI, ICDX.

SAXO

  • account conditions that permit scalping.
  • support for expert advisers or automated strategies.
  • an operating record beginning in 2001.

InteractiveBrokers

Operating since 20023 platform typesDemo recorded

Regulators: FCA, NFA, SFC, FSA, ASIC, CIRO.

Broker summary: Operations are recorded from 2002. 6 regulated entries are listed under FCA, NFA, SFC, FSA, ASIC, CIRO. A simulated environment is available for testing the platform before funding.

Advantages

  • A useful comparison point is an operating record beginning in 2002.
  • For account screening, the record offers recorded mobile trading access.
  • One practical detail is a simulated-trading environment for order practice.
  • The available information adds 6 regulated entries: FCA, NFA, SFC, FSA, ASIC.
  • For preliminary due diligence, note 3 listed platform types, including Self-developed, Android, IOS.

Points to consider

  • Several disclosures require individual review.
  • Funding routes and local availability can change; confirm country eligibility before funding.

IG

Operating since 20015 platform typesDemo recorded

Regulators: FCA, MAS, FSA, DFSA, ASIC, FMA, BaFin.

Broker summary: Operations are recorded from 2001. 8 regulated entries are listed under FCA, MAS, FSA, DFSA, ASIC, FMA, BaFin. Trading access is recorded through Self-developed, MT5, MT4, Android, IOS.

Advantages

  • A second verifiable point is an operating record beginning in 2001.
  • The profile also brings a minimum deposit recorded at $0.
  • For a side-by-side review, consider account conditions that permit scalping.
  • One account-selection factor is recorded mobile trading access.
  • The documented setup provides 8 regulated entries: FCA, MAS, FSA, DFSA, ASIC.

Points to consider

  • The profile includes adverse regulatory disclosures.
  • Funding routes and local availability can change; check the available payment routes first.

CMC MARKETS

Operating since 20015 platform typesDemo recorded

Regulators: ASIC, FCA, FMA, MAS, CIRO.

Broker summary: The operating record begins in 2001. 6 regulated entries are listed under ASIC, FCA, FMA, MAS, CIRO. A simulated environment is available for testing the platform before funding.

Advantages

  • A practical item to verify is 2 documented account configurations.
  • The service record contributes 5 listed platform types, including Self-developed, MT4, MT5, Android.
  • Another concrete detail is an operating record beginning in 2001.
  • The profile makes it possible to compare recorded mobile trading access.
  • For planning purposes, there is a minimum spread recorded at 0 pips.

Points to consider

  • The profile includes adverse regulatory disclosures.
  • Funding routes and local availability can change; verify access with the exact legal entity.

FOREX.com

Operating since 20045 platform typesDemo recorded

Regulators: ASIC, NFA, MAS, FSA, CIRO, FCA, CYSEC.

Broker summary: The profile traces its history to 2004. 7 regulated entries are listed under ASIC, NFA, MAS, FSA, CIRO, FCA, CYSEC. A simulated environment is available for testing the platform before funding.

Advantages

  • One trading-related detail is support for expert advisers or automated strategies.
  • The account review can take into account recorded mobile trading access.
  • The platform record adds 5 listed platform types, including Self-developed, MT4, MT5, IOS.
  • A relevant comparison item is an average slippage record of 0.4.
  • The operating profile contributes a minimum spread recorded at 0 pips.

Points to consider

  • This broker has a high number of user complaints.
  • Funding routes and local availability can change; review the current onboarding terms before depositing.

eToro

Operating since 20103 platform typesDemo recorded

Regulators: FCA, CYSEC, ASIC, ADGM, MAS.

Broker summary: The operating record begins in 2010. 5 regulated entries are listed under FCA, CYSEC, ASIC, ADGM, MAS. A simulated environment is available for testing the platform before funding.

Advantages

  • The technical review can use recorded mobile trading access.
  • Before funding, it is useful to note 3 listed platform types, including Self-developed, IOS, Android.
  • The available terms set out a simulated-trading environment for order practice.
  • The trading setup includes an operating record beginning in 2010.
  • The account profile contributes 5 regulated entries: FCA, CYSEC, ASIC, ADGM, MAS.

Points to consider

  • The profile includes adverse regulatory disclosures.
  • Funding routes and local availability can change; confirm withdrawal and funding options in advance.

XTB

Operating since 20116 platform typesDemo recorded

Regulators: FCA, CYSEC, BAPPEBTI, ICDX.

Broker summary: Operations are recorded from 2011. 4 regulated entries are listed under FCA, CYSEC, BAPPEBTI, ICDX. Trading access is recorded through Self-developed, MT4, IOS, Android, MacOS, Windows.

Advantages

  • The recorded feature mix contains a simulated-trading environment for order practice.
  • A cost-and-access review can consider an operating record beginning in 2011.
  • The regulatory review can use 4 regulated entries: FCA, CYSEC, BAPPEBTI, ICDX.
  • The account information includes recorded mobile trading access.
  • The trading record provides 6 listed platform types, including Self-developed, MT4, IOS, Android.

Points to consider

  • Several disclosures require individual review.
  • Funding routes and local availability can change; confirm country eligibility before funding.

SAXO

Operating since 20010 platform typesAccount terms recorded

Regulators: FCA, MAS, FSA, CONSOB.

Broker summary: The profile traces its history to 2001. 4 regulated entries are listed under FCA, MAS, FSA, CONSOB. 3 account types are documented.

Advantages

  • For risk screening, a useful fact is account conditions that permit scalping.
  • The software record adds support for expert advisers or automated strategies.
  • A pre-trade checklist can include an operating record beginning in 2001.
  • The account comparison benefits from a minimum deposit recorded at $100,000.
  • The available profile fields include 4 regulated entries: FCA, MAS, FSA, CONSOB.

Points to consider

  • Regulatory status is uncertain.
  • Funding routes and local availability can change; check the available payment routes first.

Forex Trading in United States: Frequently Asked Questions

Which forex broker is best for a trader in United States?

InteractiveBrokers leads this comparison, with 6 regulated entries and 3 listed platform types in its profile. The right choice still depends on the legal entity, NFA/CFTC status, account currency, costs, platform and whether the broker accepts residents of United States.

Is online forex trading legal in United States?

Investment and brokerage services require authorization. Check the firm and its permitted activities with NFA/CFTC, then confirm that the named legal entity accepts residents of United States.

How should I verify a broker in United States?

Start with the official National Futures Association and Commodity Futures Trading Commission site or register, then match the company name and license number to the client agreement and broker website. A license held by another company in the same group does not automatically protect your account.

Which trading platforms are available?

Self-developed, Android, IOS, MT5, MT4, MacOS, Windows appear in the compared profiles. Confirm desktop, web and mobile access on the specific account because platform support can differ by jurisdiction.

How much money is needed to start?

The lowest recorded figure in this comparison is $0, but a minimum deposit is not a recommended trading balance. Allow room for margin, costs and adverse movement without relying on maximum leverage.

What should I know about deposits and withdrawals?

Confirm whether the account supports U.S. dollar (USD), which banks or payment providers are accepted, the conversion rate, withdrawal fees and the rule requiring funds to return to the original source. A small deposit-and-withdrawal test can reveal practical limits before a larger transfer.

How much leverage should a retail trader use?

Use less than the maximum and size each position from a predetermined loss limit. The amount displayed in a global profile may not be available on the entity serving your country. Leverage magnifies both market losses and the effect of slippage.

About WikiFX

WikiFX is an independent broker-information platform that brings together regulatory records, license details, account conditions, trading-environment data and user reports. Check the latest information with the relevant regulator and legal entity before opening or funding an account.

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