Best forex brokers in the United States

Ranked by Coinish Score: half the Editor Rating for the entity that serves residents of the United States, half Market Signal. Brokers without enough verified data for a rating are placed by Market Signal and labelled; brokers with neither are listed last. How we rate

Forex in the United States at a glance

4 forex brokers with a verified licence serve residents of the United States: 4 hold a local licence (CFTC / NFA and SEC / FINRA).
Top pick by Coinish Score: OANDA (72/100, Editor Rating 3.5/5).
Lowest advertised EUR/USD all-in cost: 0.6 pips (OANDA), across 4 brokers that publish one.
No minimum deposit: OANDA, Interactive Brokers and tastyfx.

Forex in the United States

Local licence required

Retail forex counterparties must be registered with the CFTC as a retail foreign exchange dealer (RFED) or futures commission merchant and be NFA members. Offshore, unregistered forex dealers are not an option Coinish lists for US residents.

Regulator sources (3)

“Registration is required for RFEDs unless the individual or organization is exempt from registration as an RFED”
nfa.futures.org · Oct 5, 2026
“All registered RFEDs must be NFA Members”
nfa.futures.org · Oct 5, 2026
“the CFTC has seen an increase in fraud complaints from customers who deposited large sums with unregistered offshore forex dealers”
cftc.gov · Oct 5, 2026

Sort by

1
Top pick
OANDA
OANDA Corporation · CFTC / NFA (Tier 1)
Locally licensed
EUR/USD all-in
0.6 pips
Instruments
1,700+
Min. deposit
$0
72
Coinish Score
3.5/5 rating74 signal
Visit site Review
2
FOREX.com
GAIN Capital Group LLC · CFTC / NFA (Tier 1)
Locally licensed
EUR/USD all-in
0.7 pips
Instruments
2,000+
Min. deposit
–
70
Coinish Score
4.1/5 rating60 signal
Visit site Review
3
Interactive Brokers
Interactive Brokers LLC · SEC / FINRA (Tier 1)
Locally licensed
EUR/USD all-in
0.6 pips
Instruments
–
Min. deposit
$0
67
Coinish Score
3.7/5 rating61 signal
Visit site Review
4
tastyfx
tastyfx, LLC · CFTC / NFA (Tier 1)
Locally licensed
EUR/USD all-in
0.6 pips
Instruments
85+
Min. deposit
$0
48
Coinish Score
3.2/5 rating31 signal
Visit site Review

Other lists for the United States: CFD brokers · Stock brokers & investing apps · Crypto exchanges