When looking to open an account with a Forex broker in the United States, it is important to look for an organization that is registered with the CFTC and the NFA. These two regulatory bodies work to protect US traders. The CFTC oversees the CFTC-registered forex brokers and the NFA regulates its own members. Both organizations offer US retail traders a way to confirm their registration and ensure that they are receiving fair and honest trading practices. A good forex broker will provide a good amount of customer support, including live chat and email support seven days a week. In addition to this, the best options will offer mobile apps and have 24 hour phone support. Whether you need help with your trading strategy or are simply looking to make your account work better, a top-rated US forex broker will have good customer support. TD Ameritrade: TD Ameritrade offers an amazing trading interface and access to different asset classes, including Forex. Their thinkorswim desktop application offers access to over 70 currency pairs. In addition to this, TD Ameritrade is an US-regulated company that offers CFDs and mobile trading. Top US forex brokers: If you live in the US and want to trade currency in the US, make sure to choose a broker that is registered with the CFTC and the National Futures Association. Most brokers will list this information on their website. Forex brokers that are regulated will be less likely to scam you and offer subpar services. If you re not sure how to find a trusted broker, use a broker recommendation tool to find the one that meets your needs. Interactive Brokers: If you re looking for an online broker that offers advanced trading capabilities and is regulated by multiple regulatory agencies, Interactive Brokers is a superb option. Interactive Brokers is regulated by the Securities and Exchange Commission and the Financial Industry Regulatory Authority. They are a great choice for institutional investors and active traders. NFA: NFA rules are very strict and the NFA is the main agency bloomberg sirius xm for|accountable for|in charge of regulating forex brokers in the US. In addition to these regulations, US forex brokers have to meet minimum capital requirements. The capital requirement is $20 million and the maximum leverage is 50: 1. In order to avoid any financial risk, it is important to look for a NFA-registered broker. Rockfort Markets: The interface of Rockfort Markets is incredibly functional on any device, including tablets and smartphones. It also offers MetaTrader 4 support. Though it charges a transaction fee, this fee structure is reasonable. Moreover, their spreads are quite reasonable: 1. 2 to 5 pips for popular currencies, and 0. 9 to 1. 4 pips for minor currencies. Users must also pay rollover charges for holding open positions overnight. Interactive Brokers: Interactive Brokers charges an average commission how to link siriusxm to google home|price|level|charge that varies based on the currency pair being traded. Moreover, a withdrawal fee is also charged if you decide to withdraw your money. Despite their low commission rates, US regulated forex brokers also offer low spreads on popular forex pairs.