Top 3 Forex Brokers accepting US clients [2021]

Trading apps and retail traders are becoming more and more relevant, and the so-called “GametStonk” just showed us how relevant they can be sometimes.

Behind this incredible success, there are social dynamics that we may not get completely, but somehow we can imagine.

Since the expansion of Forex brokers accepting US clients, 2021 looks like it’s going to be the year of retail FX trading apps.

How To Start

Before we start investing in this financial market though, we must be sure that we are doing int in the most professional and legal way available.

Let’s start by saying that yes, Forex is now a legit way of trading in the USA. What is not legal though is trading with CFDs, which is the main form of derivative trading in many foreign countries.

Nevertheless, we can trade in the foreign exchange market in many other legit ways by choosing a broker regulated by a self-regulatory organization, such as FINRA or SEC. Thanks to their service as intermediary, you’ll be finally able to get into a financial market and start trading.

With all that being said, let’s go to the earth of the matter and see which ones are the top FX brokers available in the US right now.

Forex.com

Probably the most recognizable name in the FX trading world, Forex.com Is the first name that pop-up in mind if you think about this financial market.

They are a 100% legit broker regulated by both CFTC and NFA which provided an intriguing selection of trading accounts with love spreads starting from 0.2p pips. Between those accounts, we also have the chance of using a DMA (Direct Market Access) account if those who are interested In that form of investment.

Forex.com offers very competitive spreads prices and many trading options to choose from between the top FX currency pairs available right now in the market.

Forex.com minimum deposits for its basic offer (Standard and Commission accounts) is $1,000 but a DMA account requires a minimum deposit of at least $250,000.

Trading platforms where their accounts are implemented are:

MT4 Desktop
MT4 Web
Proprietary Desktop Platform
Proprietary Web Platform

IG Markets

A 40-years old brokerage services which is considered a financial titan, IG Markets is the head of what has become the IG Group.

CFTC licensed and NFA regulated, it is a 100% legitimate broker which gives access to Forex traders all over the world thanks to a variety of trading accounts which start with a minimum deposit of $250 at least.

They have a wide offer of more than 90 Forex pairs with incredible spreads starting at 0.8 pips, which are very intriguing for many retail Forex traders.

With their trading accounts you may have access to the following platforms:

Proprietary Web Platform
MAC Platforms

TD Ameritrade

Top choice in the US, TD Ameritrade has become a huge broker with many FX traders enthusiast with their services.

Well-trusted and professional brokers, they are regulated by the SEC, the CTFC and FINRA.

Their offer differs depending on the trading account select, which can be a Standard account or a Margin account. Minimum deposit for a standard account is $50, while a margin account requires a minimum deposit of at least $2,000.

TD Ameritrade has a wide range of financial assets from which you can choose, including 20 Forex pairs and competitive spreads that starts from 0.1 pips.

Trading platforms included in their services are: