Top Rated
Best Forex Brokers for US Traders 2026
Trade forex legally in the United States
1
IC Markets
Our Pick4.8
Min. Deposit
$200
Spread
0.0 pips
Leverage
1:500
Reliability
Highly Trusted
Why This Broker?
Excellent execution speedMultiple regulationsLow trading costs
2
Exness
4.7
Min. Deposit
$1
Spread
0.0 pips
Leverage
1:Unlimited
Reliability
Highly Trusted
Why This Broker?
Instant withdrawalsVery low spreadsMultiple account types
3
Pepperstone
4.7
Min. Deposit
$200
Spread
0.0 pips
Leverage
1:500
Reliability
Highly Trusted
Why This Broker?
Top-tier regulationExcellent customer supportAdvanced platforms
4
eToro
4.6
Min. Deposit
$50
Spread
1.0 pips
Leverage
1:30
Reliability
Highly Trusted
Why This Broker?
Best for beginnersInnovative copy tradingUser-friendly interface
5
OANDA
4.4
Min. Deposit
$0
Spread
1.0 pips
Leverage
1:50
Reliability
Highly Trusted
Why This Broker?
No minimum depositStrong regulationTradingView integration
Selection Criteria
- CFTC/NFA regulated
- Accepts US clients
- Segregated funds
- Strong capitalization
- Transparent reporting
Frequently Asked Questions
Can US residents trade forex?
Yes, but only with CFTC/NFA registered brokers. Major options include OANDA, FOREX.com, and TD Ameritrade. Offshore brokers are not legal for US persons.
Why is forex regulation stricter in the US?
The US prioritizes consumer protection with strict capital requirements, no bonuses, max 1:50 leverage, and FIFO rules for brokers serving US clients.