Us forex brokers us forex brokers must be licensed as futures commission merchants fcm and must have retail foreign exchange dealer rfed license. Nfa regulated brokers must limit their leverage to 501 and conform to rigorous record keeping and reporting requirements.
Best Us Forex Broker Fx Broker Awards
In fact they are some of the best forex brokers for residents of any country.
Forex brokers in us. Us forex brokers must be regulated by the nfa or cftc and are subject to stringent restrictions which are designed to protect ! us traders. When speaking of financial trading and when making reviews of concrete forex brokers all of you might have observed the trend to always mention the usa traders. Forex brokers accepting us clients may be few and far between but we have combined years of experience to narrow your selection down to the top five brokers.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Below you will find a list of forex brokers accepting us traders as clients. Due to the diverse range of financial product available there are many different regulatory authorities and licensing commissions tasked with overseeing the financial services industry in america.
Trading forex currencies in the united states us is popular among fx traders. 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 jurisdiction extends for the whole futures market. Forex! brokers for us traders a list of best foreign exchange brokers that offer their services to traders in the united states of america usa.
Top 10 us forex brokers by tradersasset the usa has a highly regulated financial services industry. Best forex brokers in the us. Due to the strict and complicated regulatory environment it became quite a challenge for fx companies to operate in the us.
Read reviews and see traders ratings of such companies. This legal structure can help you recover funds if an issue arises. Us forex brokers list.
Make sure to choose a forex broker whose domicile is in a country with a well developed financial regulation. With over 60000 words of research across the site we spend hundreds of hours testing forex brokers each year. These five are among the best forex brokers usa has to offer.
Between 66 89 of retail investor accounts lose money when trading cfds.
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