Despite having the most traded currency in the world, surprisingly the US doesn't have the most brokers registered under their legislation (rather 4 out of the top 10 Forex brokers are located there). However, with the New York city being one of the largest world financial centers (an average of $904 billion USD traded daily), a broker registered under the American laws gives definite confidence to investors, and that’s the main reason why many brokers would want to obtain a license to operate in the US.
In order to operate in the US, a broker must be registered with the SEC - Securities and Exchange Commission, and in addition, depending the products offered, with the National Futures Association (NFA) and with the Commodities and Futures Trading Commission (CFTC). Full compliance with highest standards imposed by those regulators is quite difficult to accomplish, yet again we're talking about highest financial security offered in return.
Some of the major brokers registered in the USA are listed on the NYSE, which also boosts confidence among clients. Choosing a US broker is a default options for a serious investor.
Leading Forex brokers in US — 2021 update
Fast Growing brokers in US — 2021 update
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Search NFA register to find US regulated brokers: http://www.nfa.futures.org/basicnet/
Challenge — the Best Forex Brokers in the U.S.
How do you know which broker to choose? Who is the best Forex broker in the United States?
If you haven't been around in the Forex industry for the past 3-5 years, it might be difficult for you to select brokers without spending hours of searching and comparing.
That's why we offer our expertize in order to help you evaluate brokers. Our rating criteria are fully objective and are based on the achievements and performance shown by US brokers. We believe this simple yet effective rating system will provide a good starting point in your search for the Best Forex broker in the US.