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Forex Brokers Accepting US Clients

by Olufisayo
Antrix Corporate Solutions Ltd
Forex Brokers

Position of Us in the Forex Industry

The USA plays a significant role in strengthening the global economy. It holds a staunch position in the Forex industry. Currency trading is the most popular among US clients as compared to other trading types. At the same time, traders have limited trading opportunities due to specific firm trading laws by USA LAWS AND REGULATIONS.

Thus, the possibilities have become far more limited. It is because of restrictions on trading with brokers, who are based other than the US. For that very reason, the traders in the US can work with only US-regulated brokerage companies or take the risk of trading with offshore companies. But it is not advised due to high scam percentages.

US-based brokers must register with the CFTC (Commodity Futures Trading Commission) or NFA (National Future Association). If you are a beginner as a US trader, you must have adequate information about Forex brokers accepting US clients.

Regulated Forex Brokers Accepting Us Clients

The US Laws and Regulations impose many restrictions, which have shortened the list of regulated brokers. However, a trustworthy ranking list is also there based on the performance scores and added benefits.

Additionally, below is a detailed description of some of the top reviewed Forex brokers accepting US clients.

1. Forex.Com

Forex.com was founded in 1999. It is a trading company that has an excellent global reputation. It serves across Europe, North America, and Asia. Besides its headquarters in New Jersey (US), the firm also has office locations in the UK, Hong Kong, and Canada.

Forex.com has been providing online trading solutions for years. It has many valuable clients in over 180 countries. With a swift development phase, this company has advanced for delivering the best trading platform for traders. It is done through advanced technologies and ideal trading instruments.

Added Benefits and Fundamental Information:

  • A well-established and globally recognized parent firm with an unparalleled reputation
  • Based on Meta Trader and proprietary technology
  • A minimum deposit of 50$ required
  • A wide range of trading mechanisms, including cryptocurrencies
  • Easy to access opportunities which are great for beginners too
  • 24/5 customer support services

2. Onada

Second, on the list is a technology-driven financial services company called ONADA. It is based in the USA and working since 1996. It is recognized as the first financial services firm with comprehensive currency exchange information presented online.

The organization helps clients from over 200 countries and holds an unbeatable position globally. Its reliability is assured by the top firms globally, including Google, KPMG, TESLA, Airbnb, FedEx, IATA, PWC, Twitter, Expedia, and many others.

Added Benefits and Basic Information:

  • ONADA requires no minimum deposit
  • It is a proprietary awarded software company.
  • It is globally reputed as one of the top financial corporations.
  • Low fees and many benefits to enjoy
  • Great range of trading tools and information
  • Forex and CFD trading, containing over 100 trading instruments like currency pairs, indices, commodities, bonds and metals, futures trading, commodities futures
  • Complies well with international standards

3. Interactive Brokers:

The company came into existence back in 1977, having headquarters in the US. It went through a constant phase of development by adhering to the trading technology up-gradation.

The Interactive Brokers management office is headquartered in Greenwich. Its other offices are present in the USA, Switzerland, Canada, Hong Kong, UK, Australia, Hungary, Russia, Japan, India, China, and Estonia.

Added Benefits and Basic Information:

  • More appropriate for trading professionals and experts in the field
  • No demand of minimum deposit
  • Top rated and ideal for futures, stocks, and index trading
  • Low commission and fee
  • A wide range of trading technologies and instruments, including Stocks, Options( Incl. Futures Options), Futures, Forex, CFDs, Warrants, Combinations, Bonds, Mutual funds, Structured Products, Physical Metals, Inter-Commodity Spreads
  • Proprietary awarded software
  • Meets the international standards and provides a great range of opportunities

4. BDSwiss:

It is also an international brokerage company that started providing its services in 2012. It was established in Zurich and globally spread to gain popularity as the leading brokerage firm. The company has headquarters in Switzerland. It gained worldwide coverage through entities in the US and Cyprus, Mauritius, Seychelles. Not only it’s a leading trading firm, but it has earned numerous industry awards for successful operation.

Added Benefits and Basic Information

  • A minimum deposit of 100$ is required.
  • A wide range of trading instruments is provided, including Stocks, Commodities, Forex, Metals, Indices, Cryptocurrencies, ETFs.
  • Great technical assistance and fast account opening
  • Reliable customer support services
  • Quality Forex and CFD instruments
  • A good choice option between MT4, MT5, Mobile App, and proprietary service is available.
  • Four different types of accounts are provided, along with an easy-to-access demo account.

5. City Index:

City Index is a reliable financial services provider that is established in London. It has over 150,000 traders over the globe. The company has marked its place due to the constant provision of the best trading solutions, competitive prices, and advanced technical support.

The company holds experience of over 30 years. It has been aptly meeting international standards. Also, it provides maximum security to your investment. The client’s money is segregated from the broker’s fund in leading world banks.

Added Benefits and Basic Information:

  • An attractive range of instruments for traders, including currency pairs, Shares, Cryptocurrencies, Bitcoin and Ethereum, Indices, and commodities
  • Also, based on MetaTrader and proprietary technology.
  • Listed on NASDAQ and a good trading environment
  • Suitable for beginners too
  • Easy terms and conditions
  • A minimum deposit of 100 GDP
  • Good global standing and sharp adhesion to international regulations
  • Supportive learning academy and technical analysis

Conclusion

It would help if you observed that your capital might be at risk. Therefore, you should select a broker for work based on research. The reviews by other traders can be helpful too. It is advised not to work with offshore brokers as scams, and fraudulent activities can be the leading cause.

The traders from the US must look through the above-provided list to opt for the right Forex trading company. The list is based on performance scores and the additional opportunities for the ease of traders. Select the company with benefits that are most important to you for earning the best gains and bonuses.

Photo by Nataliya Vaitkevich from Pexels

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