These are the best US forex brokers that could provide top solution when experienced traders and beginners need security of funds as well as reliable execution.

Top 7 US Forex Brokers

The United States has become the cornerstone of the forex industry for dozens of years. The country is known for its rigorous forex regulation, as well as its online trading innovations. A favorable financial market environment and tight competition have enabled US forex brokers to invent many sophisticated tools to attract traders and investors alike.

Experienced traders from around the world know that when you need a forex broker that provides security of funds and reliable execution, then US forex brokers might be your best option. But which US forex brokers are the best for you?

Best US forex brokers are highly recommended for you:

  1. OANDA
  2. IG Broker
  3. eToro
  5. Interactive Brokers
  6. ATC Brokers
  7. MB Trading (TradeKing or Ally Invest Forex)

Here is a brief look at those top US forex brokers.



OANDA is founded in 1995. It started as a currency rate information provider, then grew into one of the most trusted global forex brokers with multiple licenses under its belt.

OANDA is not only regulated by the US-based CFTC, but also by other tier-1 jurisdictions including UK and Japan. In addition to that, OANDA is also regulated by NFA under license number 0325821.

OANDA provides dual trading platform. Its clients could choose between its exclusive trading suite, fxTrade, and MetaTrader. OANDA applied a little higher spread than at around 1 pip. However, they facilitate trading at extremely low 0.001 nano lot which is not available in other leading US forex brokers. See OANDA review to learn more about their offerings.


2. IG Markets (US)

IG Broker is a US broker that is regulated under NFA with license number 0509630. This broker enables users to identify and respond to opportunities swiftly and securely through its fast and powerful platforms and user-friendly native apps.

With IG, traders can execute their trades with impressive speed across vast markets, ensuring they never miss out on lucrative opportunities.

The platform offers reliable execution with low spreads, ensuring cost-effective trading experiences. IG Academy provides a valuable resource for those looking to enhance their trading skills, offering a wide selection of courses and webinars for traders to expand their knowledge and expertise.

Additionally, beginners can take advantage of the demo account available to practice and familiarize themselves with the platform before engaging in live trading.


3. eToro

eToro is a renowned global broker that has been in operation since 2007. While eToro's headquarters is located in the USA, it also has other main offices in Cyprus, the UK, Australia, and the United Arab Emirates.

This broker, well-known for its social trading services, is regulated by the Financial Crimes Enforcement Network (FinCEN) in the United States (regulation number: 31000204884179).

The eToro platform offers traders and investors access to over 3,000 diverse financial assets, including stocks, cryptocurrencies, ETFs, indices, currencies, and commodities.

These assets can be invested with or without leverage, providing a wide range of investment options for individuals interested in short-, mid-, and long-term strategies. 


4. (Gain Capital) is owned by GAIN Capital Holdings, Inc, an online trading operator listed in NYSE since 2010. The NFA regulates them under license number 0339826.

Gain Capital is known as the largest forex broker in the world, providing services for clients from over 140 countries worldwide through, City Index, and other well-known brokerage brands. has developed its own proprietary platform called FOREXTrader PRO which could be operated through desktop, web, and mobile applications.

They also provide MetaTrader with dedicated support and integrated trading tools exclusive to clients. You could trade over 80 currency pairs at with spread as low as 0.1 pip. See review to learn more about their offerings.


5. Interactive Brokers

Interactive Brokers offers online trading in multiple markets. This broker is regulated by NFA under license number 0392970.

Its clients could choose between forex trading, stock trading, as well as mutual funds, ETFs, futures, options, and bonds. Interactive Brokers is the one broker you should choose when you want to arrange a full-fledged US portfolio without going into complicated registration procedures with various brokerage companies.

Interactive Brokers recently developed IBKR Lite to enable traders to open an account with USD0 minimum deposit requirement, free commission, and low spread. However, they have inactivity fees that might bite any traders with low balances. Its website is also quite unfriendly for beginners. See Interactive Brokers review to learn more about their offerings.


6. ATC Brokers

ATC Brokers was a US-based forex brokerage firm that offered trading services to retail and institutional clients. This broker specializes in providing forex trading services.

They offered access to various currency pairs and provided Electronic Communication Network (ECN) trading, which allows traders to access deep liquidity and potentially lower spreads.

ATC Brokers was regulated by the NFA with license number 0472530 and the CFTC, ensuring compliance with US financial regulations and providing a level of investor protection.

In addition, ATC Brokers still operates until now. It has a headquarters office in Glendale, California.


7. MB Trading (TradeKing or Ally Invest Forex)

MB Trading was indeed a well-known US-based forex broker and financial services provider regulated by NFA with license number 0472530. They offered forex trading services to retail and institutional clients. The company was founded in 1999 and was headquartered in El Segundo, California, USA.

MB Trading was acquired by TradeKing in 2015. After the acquisition, the company's forex trading operations were integrated into TradeKing's platform. TradeKing subsequently rebranded to Ally Invest, and MB Trading's services are no longer available as a separate entity.

As a result of the acquisition and rebranding, TradeKing customers were moved to Ally Invest, and the platform now operates as Ally Invest Forex for forex trading services.

Both Ally Invest and Ally Invest Forex are based in the United States and regulated by the SEC and FINRA, ensuring compliance with US financial regulations.


As you can see, the options for US brokers are indeed quite limited. However, the list of brokers mentioned above is highly recommended for US clients who are often declined by many global brokers due to the government's strict policies.