Forex trading became extremely complicated for USA since most off-shore brokers today do not accept US traders.Meanwhile the numbers of US-regulated brokers have dimilished to almost zero due to the fact that all US brokers must be registered with National Futures Assosciation (NFA) and follow very strict NFA rules. This section presents our selection and reviews of forex brokers in USA for 2016. The main regulation authorities in USA are NFA and CFTC (Commodity Gutures Trading Committe) with the main agenda to regulate competitiveness, efficiency and protect markets against abusive trading practices. For example, NFA regulated brokers must have maximum leverage of 50:1 and religiously record and report their trading services.
All that being said, the situation is not completely hopeless and there are still handfull of US-based Forex brokers that give brokerage services within the country with decent trading platforms, reliable customer support and user-friendly interface of the top US forex brokers.
There are only two real reasons to look for brokers that accept US traders - you are either live in US and off-shore brokers do not let you register, or you are thinking of moving to US in the near future and don't want to switch brokers once you move!
|Broker||Rating||Demo||Leverage||Bonus||Platforms||Min Deposit||Payments||Review||US Accepted|
|InstaForex||9||yes||1:500||$100 No Deposit Bonus!!||MetaTrader 4||1||Credit Cards, Webmoney, Skrill, WireTransfer, WebMoney, Wallet1, CashU, EgoPay, Ukash, ChinaUnionPay||reviews||yes|
|eToro||8||yes||1:500||-||eToro Platform||50||Credit Cards, Debit Cards, Paypal, Neteller, Skrill, Webmoney, Wire Transfer||reviews||yes|
|Alpari||8||yes||1:500||50% Welcome||MetaTrader 4||1||Debit or Credit Card, Wire Transfer||reviews||yes|
|FXCM||7||yes||1:200||-||Trading Station II, MetaTrader 4, Active Trader, Forex System Selector||250||Credit/Debit card, Online Check, Bank Wire, Paper Check||reviews||yes|
|Forex.com||6||yes||1:200||-||MetaTrader 4, FOREXTrader||250||Wire, Credit/Debit Card, Check||reviews||yes|
|FXDD||3||yes||1:200||-||MetaTrader4, FXDD Trader, Power Trader, FXDD Auto, MTXtreme||100||Wire, PayPal, Check, BPS||reviews||yes|
|iFOREX||3||no||1:400||-||FXnet Trader||100||Credit Card||reviews||yes|
|AAAfx||2||yes||1:200||10% up to $3,000||MetaTrader 4||300||Wire, Credit Card||reviews||yes|
|IBFX||1||yes||1:50||n/a||MetaTrader 4||100||Credit Cards, Wire Transfer, and Checks||reviews||yes|
|GFT||1||yes||1:400||n/a||DealBook 360, DealBook Web||250||Wire, Credit Card, PayPal, Check, eCheck||reviews||yes|
|CMS Forex||1||yes||1:50||-||VT Trader, MetaTrader 4||250||Credit/Debit Cards, Wire Transfer||reviews||yes|
|ForexBrokerInc||0||yes||1:500||30% Welcome, 15% Loyalty||MetaTrader4, WebTrader, Mobile||5||WireTranfer, Credit Cards||reviews||yes|
|FxGlory||0||yes||1:3,000||50% up to $1,000||MetaTrader4, Mobile||1||Credit/debit cards, Paypal||reviews||yes|