Top 5 US Forex Brokers

By continuing to browse the site you are agreeing to our use of cookies. MT4 , Web , in-house. Go out in the web and search for the broker that will suit your needs and see if there is a good possibility for you to make financial trades regardless the fact you are an American citizen, who is usually limited by so many laws and restrictions. Contents [ Hide ]. Although there is no physical marketplace for the forex markets, important world trading centers for currencies are located in Sydney, Tokyo, Hong Kong, Singapore, Frankfurt, Zurich, Paris, London and New York. This leverage will be offered to all US residents without exception. BrokerGuru April 1,

37 rows · These brokers are either registered with NFA (and regulated by CFTC) or are licensed banks (mainly Swiss-based ones). According the US regulations of the spot Forex market, only these brokers may accept residents of the USA. Unfortunately, such brokers also limit their trading conditions severely to comply with the American .

What is forex trading?

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TOP FOREX BROKERS

US Forex Brokers US Forex brokers must be licensed as futures commission merchants (FCM) and must have retail foreign exchange dealer (RFED) license. FCM and RFED are licensed by the Commodity Futures Trading Commission (CFTC) and become members of -the National Futures Association (NFA), a self-regulatory organization whose . US Forex brokers must be regulated by the NFA or CFTC, and are subject to stringent restrictions which are designed to protect US traders. NFA regulated brokers must limit their leverage to and conform to rigorous record-keeping and reporting requirements. Top 10 Forex brokers recommended for US traders by TradersAsset. Find out more in our detailed broker reviews. Learn about the trading platforms, sign up offers and more.