ForexLicenses

Forex brokers regulated in United States

United States is home to one regulator tracked by ForexLicenses.com: the Commodity Futures Trading Commission & National Futures Association (CFTC / NFA). We match 34 brokers to a licence from this regulator. 44 brokers are headquartered in United States.

Rules for traders in United States

Only CFTC-registered, NFA-member firms may deal forex with US retail clients. Leverage is capped at 50:1 on majors, hedging is prohibited and FIFO applies. CFDs are not available to US retail traders.

Read our full United States guide

Regulators in United States

CFTC / NFA 1 Commodity Futures Trading Commission & National Futures AssociationNo compensation scheme for retail forex (SIPC does not cover spot FX)

Brokers licensed in United States 34

Brokers matched to at least one licence from a regulator based in United States. Holding a local licence does not mean every client of the brand is served by the local entity.

Broker Licences on record Licence Score Actions
1 I IG Spread betting & CFD provider, since 1974 ASICBaFinCFTC / NFAFCAFINMAJFSA+5 93Very strong Licences Visit site
2 P Plus500 Forex & CFD broker, since 2008 ASICCFTC / NFAFCAMASCySECDFSA+4 92Very strong Licences Visit site
3 FC FOREX.com Forex & CFD broker, since 2001 ASICCFTC / NFACIROFCAJFSAMAS+1 86Very strong Licences Visit site
4 IB Interactive Brokers Multi-asset broker, since 1978 ASICCBICFTC / NFACIROFCAJFSA+2 83Very strong Licences Visit site
5 O OANDA Forex & CFD broker, since 1996 ASICCFTC / NFACIROFCAJFSAMAS+2 82Very strong Licences Visit site
6 M Marex Futures broker (FX futures), since 1987 CFTC / NFAFCA 71Strong Licences Visit site
7 CS Charles Schwab Multi-asset broker, since 1971 CFTC / NFA 65Strong Licences Visit site
8 SF StoneX Financial (FCM) Futures broker (FX futures), since 1924 CFTC / NFA 65Strong Licences Visit site
9 RF Robinhood Futures Futures broker (FX futures), since 2013 CFTC / NFA 61Moderate Licences Visit site
10 AI ADM Investor Services Futures broker (FX futures), since 1916 CFTC / NFA 60Moderate Licences Visit site
11 AF AMP Futures Futures broker (FX futures), since 1994 CFTC / NFA 60Moderate Licences Visit site
12 AF Advantage Futures Futures broker (FX futures), since 1997 CFTC / NFA 60Moderate Licences Visit site
13 CT Cannon Trading Futures broker (FX futures), since 1988 CFTC / NFA 60Moderate Licences Visit site
14 DT Discount Trading Futures broker (FX futures), since 1998 CFTC / NFA 60Moderate Licences Visit site
15 DT Dorman Trading Futures broker (FX futures), since 1990 CFTC / NFA 60Moderate Licences Visit site
16 EF E*TRADE Futures Futures broker (FX futures), since 1982 CFTC / NFA 60Moderate Licences Visit site
17 GT Generic Trade Futures broker (FX futures), since 2006 CFTC / NFA 60Moderate Licences Visit site
18 I Ironbeam Futures broker (FX futures), since 2003 CFTC / NFA 60Moderate Licences Visit site
19 N Nadex Futures broker (FX futures), since 2004 CFTC / NFA 60Moderate Licences
20 N NinjaTrader Futures broker (FX futures), since 2003 CFTC / NFA 60Moderate Licences Visit site
21 OF Optimus Futures Futures broker (FX futures), since 2004 CFTC / NFA 60Moderate Licences Visit site
22 PC Phillip Capital Inc. Futures broker (FX futures), since 1975 CFTC / NFA 60Moderate Licences Visit site
23 RF RJO Futures Futures broker (FX futures), since 1914 CFTC / NFA 60Moderate Licences Visit site
24 SF Straits Financial Futures broker (FX futures), since 2005 CFTC / NFA 60Moderate Licences Visit site
25 T TradeStation Futures broker (FX futures), since 1982 CFTC / NFA 60Moderate Licences Visit site
26 WF Wedbush Futures Futures broker (FX futures), since 1955 CFTC / NFA 60Moderate Licences Visit site
27 ZG Zaner Group Futures broker (FX futures), since 1981 CFTC / NFA 60Moderate Licences Visit site
28 WF Webull Futures Futures broker (FX futures), since 2017 CFTC / NFA 59Moderate Licences Visit site
29 E EdgeClear Futures broker (FX futures), since 2009 CFTC / NFA 58Moderate Licences Visit site
30 S5 Stage 5 Trading Futures broker (FX futures), since 2012 CFTC / NFA 57Moderate Licences Visit site
31 T Tradovate Futures broker (FX futures), since 2014 CFTC / NFA 56Moderate Licences Visit site
32 T tastytrade Futures broker (FX futures), since 2017 CFTC / NFA 54Moderate Licences Visit site
33 PU Plus500 US Futures broker (FX futures), since 2021 CFTC / NFA 52Moderate Licences Visit site
34 T tastyfx Forex & CFD broker, since 2021 CFTC / NFA 52Moderate Licences Visit site

Brokers headquartered in United States 44

Broker Licences on record Licence Score Actions
FC FOREX.com Forex & CFD broker, since 2001 ASICCFTC / NFACIROFCAJFSAMAS+1 86Very strong Licences Visit site
IB Interactive Brokers Multi-asset broker, since 1978 ASICCBICFTC / NFACIROFCAJFSA+2 83Very strong Licences Visit site
O OANDA Forex & CFD broker, since 1996 ASICCFTC / NFACIROFCAJFSAMAS+2 82Very strong Licences Visit site
CS Charles Schwab Multi-asset broker, since 1971 CFTC / NFA 65Strong Licences Visit site
SF StoneX Financial (FCM) Futures broker (FX futures), since 1924 CFTC / NFA 65Strong Licences Visit site
RF Robinhood Futures Futures broker (FX futures), since 2013 CFTC / NFA 61Moderate Licences Visit site
N NinjaTrader Futures broker (FX futures), since 2003 CFTC / NFA 60Moderate Licences Visit site
AF AMP Futures Futures broker (FX futures), since 1994 CFTC / NFA 60Moderate Licences Visit site
OF Optimus Futures Futures broker (FX futures), since 2004 CFTC / NFA 60Moderate Licences Visit site
T TradeStation Futures broker (FX futures), since 1982 CFTC / NFA 60Moderate Licences Visit site
I Ironbeam Futures broker (FX futures), since 2003 CFTC / NFA 60Moderate Licences Visit site
CT Cannon Trading Futures broker (FX futures), since 1988 CFTC / NFA 60Moderate Licences Visit site
DT Dorman Trading Futures broker (FX futures), since 1990 CFTC / NFA 60Moderate Licences Visit site
WF Wedbush Futures Futures broker (FX futures), since 1955 CFTC / NFA 60Moderate Licences Visit site
PC Phillip Capital Inc. Futures broker (FX futures), since 1975 CFTC / NFA 60Moderate Licences Visit site
EF E*TRADE Futures Futures broker (FX futures), since 1982 CFTC / NFA 60Moderate Licences Visit site
AF Advantage Futures Futures broker (FX futures), since 1997 CFTC / NFA 60Moderate Licences Visit site
RF RJO Futures Futures broker (FX futures), since 1914 CFTC / NFA 60Moderate Licences Visit site
AI ADM Investor Services Futures broker (FX futures), since 1916 CFTC / NFA 60Moderate Licences Visit site
DT Discount Trading Futures broker (FX futures), since 1998 CFTC / NFA 60Moderate Licences Visit site
GT Generic Trade Futures broker (FX futures), since 2006 CFTC / NFA 60Moderate Licences Visit site
ZG Zaner Group Futures broker (FX futures), since 1981 CFTC / NFA 60Moderate Licences Visit site
SF Straits Financial Futures broker (FX futures), since 2005 CFTC / NFA 60Moderate Licences Visit site
N Nadex Futures broker (FX futures), since 2004 CFTC / NFA 60Moderate Licences
WF Webull Futures Futures broker (FX futures), since 2017 CFTC / NFA 59Moderate Licences Visit site
E EdgeClear Futures broker (FX futures), since 2009 CFTC / NFA 58Moderate Licences Visit site
S5 Stage 5 Trading Futures broker (FX futures), since 2012 CFTC / NFA 57Moderate Licences Visit site
T Tradovate Futures broker (FX futures), since 2014 CFTC / NFA 56Moderate Licences Visit site
T tastytrade Futures broker (FX futures), since 2017 CFTC / NFA 54Moderate Licences Visit site
T tastyfx Forex & CFD broker, since 2021 CFTC / NFA 52Moderate Licences Visit site
PU Plus500 US Futures broker (FX futures), since 2021 CFTC / NFA 52Moderate Licences Visit site
FU FXCM US Forex & CFD broker, since 1999 Exited / licence withdrawn No licence on record Inactive Licences
MG MF Global Futures broker (FX futures), since 1783 Defunct No licence on record Inactive Licences
R Refco Futures broker (FX futures), since 1969 Defunct No licence on record Inactive Licences
PF Peregrine Financial Group Futures broker (FX futures), since 1990 Defunct No licence on record Inactive Licences
AU Alpari US Forex & CFD broker, since 2001 Defunct No licence on record Inactive Licences
GG GFT (Global Futures & Forex) Forex & CFD broker, since 1997 Merged / acquired No licence on record Inactive Licences
MT MB Trading Forex & CFD broker, since 1998 Merged / acquired No licence on record Inactive Licences
II IBFX (Interbank FX) Forex & CFD broker, since 2002 Merged / acquired No licence on record Inactive Licences
TA TD Ameritrade Multi-asset broker, since 1975 Merged / acquired No licence on record Inactive Licences
AI Ally Invest Forex Forex & CFD broker, since 2005 Exited / licence withdrawn No licence on record Inactive Licences
DT Daniels Trading Futures broker (FX futures), since 1995 Merged / acquired No licence on record Inactive Licences
RC Rosenthal Collins Group Futures broker (FX futures), since 1923 Merged / acquired No licence on record Inactive Licences
GC GAIN Capital Forex & CFD broker, since 1999 Merged / acquired No licence on record Inactive Licences

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.