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

BrokerDossier ScoreEntity serving youMin. depositPlatformsActions
1 FOREX.com Founded 2001 Listed 91 GAIN Capital Group LLC CFTC/NFA #0339826 Tier 1 $100 Own platformMT4MT5TradingView Review Visit site
2 Interactive Brokers Founded 1978 Listed 91 Interactive Brokers LLC CFTC/NFA #0258600 Tier 1 $0 Own platformTradingView Review Visit site
3 OANDA Founded 1996 83 OANDA Corporation CFTC/NFA #0325821 Tier 1 $0 Own platformMT4MT5TradingView Review Visit site

Dossier Score, entity and regulator are shown for the company that would serve your country. Buttons marked “Affiliate link” may earn us a commission. Unmarked buttons go to the broker's own site and earn us nothing.

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.