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5 “Best” USA Forex Brokers (February 2024)

Updated on is committed to rigorous editorial standards. We may receive compensation when you click on links to products we review. Please view our affiliate disclosure. Trading involves risk which may result in the loss of capital.

We feature forex brokers that are fully regulated by the CFTC . We believe this is the most important aspect of forex trading. Please view the risks associated with forex trading at the bottom of this page. Also access our affiliate disclaimer.

We also feature brokers from these countries: Australia, Canada, Singapore, South Africa, UK

USA Forex Brokers – This is one of the most longstanding brokers in the industry. They have been providing access to the forex market for traders since 2001. They now operate on a worldwide scale providing service to traders in more than 150 countries. They are also one of the few major forex brokers to offer services to US-based traders.

To match their worldwide service availability, the broker is regulated by numerous top-tier regulatory bodies including some of the most respected in the industry.  The brokers reputation for transparency and trust, combined with a strong product offering and excellent trading costs, put it in prime position at the head of a very competitive sector.

Regulated by the Commodity Futures Trading Commission (CFTC).

Member of the National Futures Association (NFA #0339826).

Member of Investment Industry Regulatory Organization of Canada (IIROC)

Regulated by The Cayman Islands Monetary Authority (CIMA). This is the primary financial services regulator of the Cayman Islands.

Forex trading involves significant risk of loss and is not suitable for all investors.

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What is the CFTC?

This stands for the Commodity Futures Trading Commission. This is an independent U.S. federal agency which was established by the Commodity Futures Trading Commission Act of 1974.

The goal of the CFTC is to ensure to regulate financial markets. The idea behind this act was to prevent market participants from being subject to fraud by individuals who seek to take advantage of unsuspecting investors.

What is the NFA?

This stands for National Futures Association. The NFA is the industry-wide, self-regulatory organization for the U.S. derivatives industry, providing innovative and effective regulatory programs. Every member of the NFA has a number which identifies it as an NFA member.

Forex Risk Disclaimer

“There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses.”

Affiliate Disclaimer

Some of the links in this website either through images, text, audio or video are affiliate links. This means if you click on the link and purchase the item, the owner of this website will receive an affiliate commission.

To learn more visit our affiliate disclosure page.

Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.