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Trading

List of Forex Brokers in the US

Published by Gbaf News

Posted on April 12, 2013

1 min read

· Last updated: June 11, 2018

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fintech Regulation financial markets

1 Advanced Markets
2 Alpari (US)
3 APPL International
4 ATC Brokers
5 Back Bay FX
6 BulldogFX
7 Cash Back Forex USA
8 Capital Market Services – CMS Forex
9 CitiFX Pro (Citigroup)
10 Cobra Trading
11 CompassFX
12 DormanFX
13 Easy-Forex
14 eToroUSA
15 FastBrokers
16 Forex & Futures International
17 Forex Club
18 Forex.com – Gain Capital Group
19 FX Solutions FXCM
20 FXDD
21 GFT – Global Futures & Forex
22 HotspotFX
23 IG Markets
24 IKON Global Markets
25 Interactive Brokers
26 Interbank FX
27 Lightspeed Financial
28 MB Trading
29 Mitsui FX
30 OANDA
31 Open E Cry (OEC)
32 Rosenthal Collins Group
33 Spot Trader FX
34 thinkorswim
35 TradersChoiceFX
36 TradeStation Securities
37 Zecco Forex

For informational purposes only, not an endorsement 

Key Takeaways

  • Many listed firms are not currently US‑regulated forex brokers under CFTC/NFA.
  • Legal US forex brokers include FOREX.com, OANDA, IG US (tastyfx), Interactive Brokers, TD Ameritrade/Schwab.
  • US regulations restrict leverage to 50:1 on majors and prohibit offshore brokers from serving US retail clients.
  • US‑regulated brokers must maintain $20 million capital and NFA membership.

References

Frequently Asked Questions

Can US residents use all brokers listed?
No. Only brokers registered with the CFTC and NFA—like FOREX.com, OANDA, IG US (tastyfx), Interactive Brokers, and TD Ameritrade/Schwab—can legally serve US retail forex clients.
What are US leverage limits for forex trading?
US‑regulated brokers must cap leverage at 50:1 for major currency pairs and 20:1 for minors and exotics.
Why are some international brokers not available in the US?
Because US rules mandate CFTC RFED/FCM registration and NFA membership; offshore brokers lacking these cannot legally accept US retail forex clients.

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