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A low spread is useful, but it is only one part of choosing a broker in United States. U.S. residents should verify the firm in NFA BASIC and check whether the product, account type and solicitation are permitted under CFTC rules.

This guide compares 5 broker profiles across regulation, costs, leverage, deposits and software. Use the official information from National Futures Association and Commodity Futures Trading Commission (NFA/CFTC) as the starting point for checking authorized investment firms or market intermediaries. A global license shown in a profile should never be read as automatic permission to serve clients in United States.

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.

Operations are recorded from 2001.

The account information records a minimum spread of 0 pips.

The profile traces its history to 2013.

The profile records 1 regulated entry under ASIC.

The operating record begins in 2004.

The trading-environment record includes average execution of 125.5 ms.

4

The operating record begins in 2012.

4 account types are documented.

5

Operations are recorded from 2001.

3 account types are documented.

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Forex Broker

License

Minimum Spread

Maximum Leverage

Minimum Deposit

Open Account

Details

Compare

Regulated
1. Dari 0.0
1. 1:200
1. 0,01
8.61
Regulated
1. From 0.0 Pips
1. 1:1000
1. 0.01 Lot
Domestic Regulation
1. serendah 1.0
-
-
8.29
Regulated
0.0
1:∞
$3,000

Why These Brokers Stand Out for Traders in United States

CMC MARKETS

  • 5 listed platform types, including Self-developed, MT4, MT5, Android.
  • a maximum leverage entry of 1:200, subject to local retail limits.
  • 6 regulated entries: ASIC, FCA, FMA, MAS, CIRO.

TMGM

  • support for expert advisers or automated strategies.
  • a maximum leverage entry of 1:1,000, subject to local retail limits.
  • an operating record beginning in 2013.

FOREX.com

  • custom-chart functionality for technical analysis.
  • 7 regulated entries: ASIC, NFA, MAS, FSA, CIRO.
  • recorded mobile trading access.

Exness

  • a minimum spread recorded at 0 pips.
  • a maximum leverage entry of 1:2,000, subject to local retail limits.
  • an operating record beginning in 2012.

SAXO

  • 3 documented account configurations.
  • 4 regulated entries: FCA, MAS, FSA, CONSOB.
  • an operating record beginning in 2001.

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. 2 account types are documented.

Advantages

  • A useful comparison point is 5 listed platform types, including Self-developed, MT4, MT5, Android.
  • For account screening, the record offers a maximum leverage entry of 1:200, subject to local retail limits.
  • One practical detail is 6 regulated entries: ASIC, FCA, FMA, MAS, CIRO.
  • The available information adds a minimum spread recorded at 0 pips.
  • For preliminary due diligence, note a minimum deposit recorded at $0.

Points to consider

  • The profile includes adverse regulatory disclosures.
  • Funding routes and local availability can change; confirm country eligibility before funding.

TMGM

Operating since 20135 platform typesDemo recorded

Regulators: ASIC.

Broker summary: The profile traces its history to 2013. 1 regulated entry is listed under ASIC. The lowest recorded opening deposit is $100.

Advantages

  • A second verifiable point is support for expert advisers or automated strategies.
  • The profile also brings a maximum leverage entry of 1:1,000, subject to local retail limits.
  • For a side-by-side review, consider an operating record beginning in 2013.
  • One account-selection factor is signal-chart functionality in the software record.
  • The documented setup provides 4 documented account configurations.

Points to consider

  • Expect slow response times from customer support.
  • Funding routes and local availability can change; check the available payment routes first.

FOREX.com

Operating since 20045 platform typesDemo recorded

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

Broker summary: Operations are recorded from 2004. 7 regulated entries are listed under ASIC, NFA, MAS, FSA, CIRO, FCA, CYSEC. Expert adviser support is recorded for account-level automation.

Advantages

  • A practical item to verify is custom-chart functionality for technical analysis.
  • The service record contributes 7 regulated entries: ASIC, NFA, MAS, FSA, CIRO.
  • Another concrete detail is recorded mobile trading access.
  • The profile makes it possible to compare an operating record beginning in 2004.
  • For planning purposes, there is a simulated-trading environment for order practice.

Points to consider

  • Several disclosures require individual review.
  • Funding routes and local availability can change; verify access with the exact legal entity.

Exness

Operating since 20122 platform typesAccount terms recorded

Regulators: FCA, CYSEC, FSCA.

Broker summary: Operations are recorded from 2012. 3 regulated entries are listed under FCA, CYSEC, FSCA. The account information records a minimum spread of 0 pips.

Advantages

  • One trading-related detail is a minimum spread recorded at 0 pips.
  • The account review can take into account a maximum leverage entry of 1:2,000, subject to local retail limits.
  • The platform record adds an operating record beginning in 2012.
  • A relevant comparison item is 3 regulated entries: FCA, CYSEC, FSCA.
  • The operating profile contributes 2 listed platform types, including MT5, MT4.

Points to consider

  • Expect slow response times from customer support.
  • Funding routes and local availability can change; review the current onboarding terms before depositing.

SAXO

Operating since 20010 platform typesAccount terms recorded

Regulators: FCA, MAS, FSA, CONSOB.

Broker summary: The operating record begins in 2001. 4 regulated entries are listed under FCA, MAS, FSA, CONSOB. Expert adviser support is recorded for account-level automation.

Advantages

  • The technical review can use 3 documented account configurations.
  • Before funding, it is useful to note 4 regulated entries: FCA, MAS, FSA, CONSOB.
  • The available terms set out an operating record beginning in 2001.
  • The trading setup includes a minimum deposit recorded at $100,000.
  • The account profile contributes account conditions that permit scalping.

Points to consider

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

Forex Trading in United States: Frequently Asked Questions

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

CMC MARKETS leads this comparison, with 6 regulated entries and 5 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, MT4, MT5, Android, IOS 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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