List of forex brokers in United states

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Note* all online forex brokers in United States are forced to be regulated by NFAonline forex brokers in united States

About FNA- US regulatory body

  • NFA (National Futures Association) is a self- regulatory organization reporting to the CFTC ( Commodity Futures Trading Commission) in US.
  • NFA’s main job is to protect USA investors or traders that are trading with NFA regulated brokers and ensure that all brokers or members of NFA meet their regulatory responsibilities. All the brokers that are registered with NFA have to adhere to extensive rules. Some of those rules are:
  • All broker in united States are not allowed to provide leverage that is higher than 50:1 to all US residents. However, Non-United States residents, who want to open a trading account with the US based broker, might be able to get leverage higher than 50:1
  • Hedging is also not allowed in US.

For more information about NFA visit www.Nfa.futures.org

List of online forex brokers  in United States
ATC Brokers

Location: Los Angeles, CA, US
Regulation: CFTC/NFA, # 0358522
Operational Since: 2005
Min. Deposit: $5,000
Broker Type: ECT/STP
Payment Options: Bank wire, Credit & Debit Card, Skrill, Neteller, Perfect money,webMoney, cheque
Trading platforms available: MT4 Desktop, MT4 Mobile

CMS Forex (formerly Capital Market Services)

Location: New York
Regulation: (NFA),CFTC
Operational Since: 1999
Min. Deposit: $200
Broker Type: MM
Payment Options: Bank wire, check
Trading platforms available: VT Trader 2.0 platform

COMPASSFX

Location: US
Regulation: NFA
Operational Since: 1990
Min. Deposit: $500
Max. Leverage: 1:200
Payment Options: Bank wire, Credit & Debit Card, Skrill
Trading platforms available: MT4 Desktop, MT4 Mobile

FastBrokers

Location: Gelndale, CA, US
Regulation: NFA, CFTC
Operational Since: 2005
Min. Deposit: $ 2.000
max. Leverage: 1:50
Broker Type: ECN/STP, MM
Payment Options: bank wire transfer, PayPal,check

FIPFX GLOBAL

Location: Gelndale, CA, US
Regulation: NFA, CFTC
Min. Deposit: $ 200
max. Leverage: 1:50
Broker Type: STP, MM
Payment Options: bank wire transfer

Forest Park FX

Location: , CA, US
Regulation: NFA, CFTC
Min. Deposit: $ 1
max. Leverage: 1:50
Broker Type: DMA/STP
Payment Options: bank wire transfer, debit card, skrill, neteller,pay nova

FOREX.com

Location: NJ
Regulation: NFA
Operational Since: 1999
Min. Deposit: $50
max. Leverage: 1:50
Broker Type: ECN/STP, MM
Payment Options: bank wire transfer, debit/Credit cards
Trading platforms available: MT4 Desktop, MT4 Mobile, web, tradable

FOREXer

Location: US
Regulation: NFA, CFTC
Min. Deposit: $ 200
max. Leverage: 1:500
Broker Type: MM
Payment Options: bank wire transfer

Fortress capital

Location: US
Regulation: NFA, CFTC
Min. Deposit: $ 1
max. Leverage: 1:500
Broker Type: STP
Payment Options: bank wire transfer

FXCM

Location:  US
Regulation: NFA, CFTC
Min. Deposit: $ 50
Max. Leverage: 1:50
Broker Type: STP, MM
Payment Options: bank wire transfer

GAIN Capital Group

Regulation: NFA
Min. Deposit: $10000
Broker Type: ECN/STP & MM
Payment Options: Bank wire, Credit Card,Check
Trading platforms available: MT4 Desktop, MT4 Mobile

Global Futures Exchange and Trading Company Inc.

Location: Tarzana, CA, US
Regulation: (NFA, CFTC)
Operational Since: 1998
Min. Deposit: $250
max. Leverage: 1:400
Broker Type: MM,STP
Payment Options: Bank wire, Credit & Debit Card, Skrill
Trading platforms available: MT4 Desktop, MT4 Mobile

IKON Global Markets

Regulation: NFA
Min. Deposit: $200
Broker Type: MM/STP
Payment Options: Bank wire, Credit card
Trading platforms available: MT4 Desktop, MT4 Mobile

Interactive Brokers

Location: Greenwich, CT, US
Regulation: NFA
Min. Deposit: $3000
max. Leverage: 50:1
Broker Type: ECN,STP
Payment Options: Bank wire, Credit & Debit Card, check
Trading platforms available: MT4 Desktop, MT4 Mobile, MBT

MB Trading

Regulation: NFA
Broker type: ECN/STP
Minimum deposit: 400
Maximum leverage: 1:50
Payment options: Bank wire, Credit & Debit Card, check,
Trading platforms available: MT4 Desktop, MT4 Mobile, MBT

Also read: Comprehensive list of online forex brokers offering free trading bonus accounts

OANDA 

Location: New York, NY, US
Regulation: NFA
Min. Deposit: no minimum deposit
max. Leverage: 1:50
Broker Type: MM
Payment Options: Bank wire, Credit & Debit Card, checks, PayPal, ChinaUnionPay.
Trading platforms available: MT4 Desktop, MT4 Mobile

PaxForex

Regulation: NFA
Operational Since: 2010
Min. Deposit: $10
Broker Type: ECN/STP and MM
Payment Options: Bank wire, Credit & Debit Card, Skrill, Neteller, Perfect money, Webmoney

TD Ameritrade

Location: Omaha, NE, US
Regulation: NFA
Operational Since: 2016
Min. Deposit: $2000
max. Leverage: 1:50
Broker Type: ECT
Payment Options: Bank wire, Credit & Debit Card
Trading platforms available: thinkorswim (No MT4)

TradeKing

Location: NC, US
Regulation: NFA
Min. Deposit: $500
Broker Type: Market Maker
Payment Options: Bank wire, Credit & Debit Card, ACH
Trading platforms available: MT4 Desktop, MT4 Mobile

TradersChoiceFX

Regulations: NFA
Min: deposit: $250
Broker Type: ECN/STP, STP, MM
Payment option: Bank wire, Check
Trading platforms available: MT4 Desktop, MT4 Mobile

Thinkorswim

Regulation: NFA
Min. Deposit: $1
Broker Type: MM
Payment Options: Bank wire, ACH
Trading platforms available: MT4 Desktop, MT4 Mobile

TradeStation

Location:Plantation, FL, US
Regulation: NFA
Min. Deposit: $2000
Broker Type: DMA/STP
Payment Options: Bank wire, Check
Trading platforms available: MT4 Desktop, MT4 Mobile

TradeKing

Location: , CA, US
Regulation: NFA, CFTC
Min. Deposit: $ 500
max. Leverage: 1:50
Broker Type: MM
Payment Options: bank wire transfer, debit card

TradersChoiceFX

Location: , CA, US
Regulation: NFA, CFTC
Min. Deposit: $ 250
max. Leverage: 1:50
Broker Type: ECN/STP, STP, MM
Payment Options: bank wire transfer, check

TradeStation Securities

Location: , CA, US
Regulation: NFA, CFTC
Min. Deposit: $ 2000
max. Leverage: 1:100
Broker Type: STP, MM
Payment Options: bank wire transfer, check

If I missed any US broker please let me know in the comment section and I’ll add it.

Cheers,

Leonard

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