CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail accounts lose money when trading CFDs. Consider whether you understand how these products work and whether you can afford the high risk of losing your money.

Forex brokers in the United States

Which brokers hold a local licence in the United States, which international brokers accept residents, and what to check first.

Retail forex in the United States may only be offered by dealers registered with the CFTC that are members of the National Futures Association. CFDs are not available to US retail clients, which is why the list of brokers is short.

What to check first

Look the firm up in the NFA’s BASIC database. Leverage is capped at 50:1 on major pairs, hedging in one account is not allowed, and any overseas broker offering to open an account for a US resident should be treated as a red flag.

Local regulator: CFTC/NFA

Brokers licensed in United States

BrokerTrust ScoreYour entity & regulatorMin. depositPlatforms
1 FOREX.com Since 2001 · NASDAQ: SNEX (parent) 91/99 CFTC/NFA #0339826 GAIN Capital Group LLC $100 Own platform, MetaTrader 4, MetaTrader 5, TradingView Review Visit FOREX.comOfficial site · we earn no commission here
2 Interactive Brokers Since 1978 · NASDAQ: IBKR 91/99 CFTC/NFA #0258600 Interactive Brokers LLC $0 Own platform, TradingView Review Visit Interactive BrokersOfficial site · we earn no commission here
3 OANDA Since 1996 83/99 CFTC/NFA #0325821 OANDA Corporation $0 Own platform, MetaTrader 4, MetaTrader 5, TradingView Review Visit OANDAOfficial site · we earn no commission here

Trust Score and regulator are shown for the legal entity that serves your country. Change country at the top of the page.

Leveraged forex trading involves a significant risk of loss and is not suitable for all investors. CFDs are not available to US residents; only firms registered with the CFTC and the NFA may offer retail forex in the United States.