🇺🇸the USA Expert-reviewed Updated May 2026

Best Brokers in the USA (2026)

12 top-rated brokers ranked for traders in the USA. Every pick is independently scored on regulation, fees, platforms and markets — no paid placements.

Quick Answer

There are 31 regulated brokers available to traders in the USA, led by Interactive Brokers (4.43/5). 12 of them hold tier-1 licences (FCA, ASIC, CySEC or equivalent). Average minimum deposit is $33. Forex trading in the USA is regulated by the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC).

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Brokers available

12 of 12

Tier-1 regulated

$33

Avg min deposit

1:200

Max leverage

Trading in the USA

Forex and CFD trading in the USA is regulated by the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). Traders should look for brokers that hold a licence from SEC/CFTC or an equivalent recognised regulator such as FCA (UK), ASIC (Australia), or CySEC (EU) to ensure fund safety and regulatory protection.

When choosing a broker in the USA, key factors include regulatory status, segregated client funds, competitive spreads, and a platform suited to your trading style. Our rankings above are filtered to brokers that accept clients from the USA.

Top 3 brokers in the USA compared

Broker	Score	Regulated by	Spread from	Min deposit
Interactive Brokers	4.4/5	SEC	0.2 pips	None	Visit
Forex.com	4.4/5	FCA	0.8 pips	$100	Visit
IG Group	4.3/5	FCA	0.6 pips	$250	Visit

Top 12 Brokers in the USA

Full ranking

How we chose: We evaluated 31 brokers available to traders in the USA and ranked them by SEC/CFTC compliance, trading fees, platform quality, and markets offered. Only brokers with verifiable regulation and segregated client funds were included. Scores are calculated by our independent rating algorithm — no broker pays for placement.

#1 Top Pick in the USA

Interactive Brokers

4.4

Regulated: SEC, CFTC, FCA

Spread from: 0.2 pips

Min deposit: None

Markets: stocks, forex, cfd, indices

Advanced tools for professional traders Access to 150+ markets in 33 countries

Visit Interactive Brokers Full review

Forex.com

4.4

Regulated: FCA, CFTC, ASIC

Spread from: 0.8 pips

Min deposit: $100

Markets: forex, cfd, stocks, indices

Visit broker Read review

Fees Regulation Platforms

IG Group

4.3

Regulated: FCA, ASIC, MAS

Spread from: 0.6 pips

Min deposit: $250

Markets: cfd, forex, stocks, indices

Visit broker Read review

Fees Regulation Platforms

OANDA

4.1

Regulated: FCA, CFTC, ASIC

Spread from: 0.6 pips

Min deposit: None

Markets: forex, cfd, indices, commodities

Visit broker Read review

Fees Regulation Platforms

eToro

4.0

Regulated: FCA, CySEC, ASIC

Spread from: 1 pips

Min deposit: $50

Markets: stocks, crypto, forex, indices

Visit broker Read review

Fees Regulation Platforms

TradeStation

3.8

Regulated: SEC, CFTC

Spread from: 0 pips

Min deposit: None

Markets: stocks, forex, indices, commodities

Visit broker Read review

Fees Regulation Platforms

Moomoo

3.7

Regulated: SEC, ASIC, MAS

Spread from: 0 pips

Min deposit: None

Markets: stocks, indices

Visit broker Read review

Fees Regulation Platforms

Robinhood

3.6

Regulated: SEC, CFTC

Spread from: 0 pips

Min deposit: None

Markets: stocks, crypto, cfd

Visit broker Read review

Fees Regulation Platforms

E*TRADE

3.6

Regulated: SEC, CFTC

Spread from: 0 pips

Min deposit: None

Markets: stocks, indices, commodities

Visit broker Read review

Fees Regulation Platforms

#10

Fidelity

3.6

Regulated: SEC, CFTC

Spread from: 0 pips

Min deposit: None

Markets: stocks, indices, commodities

Visit broker Read review

Fees Regulation Platforms

#11

Webull

3.6

Regulated: SEC, FCA

Spread from: 0 pips

Min deposit: None

Markets: stocks, crypto, forex, indices

Visit broker Read review

Fees Regulation Platforms

#12

Charles Schwab

3.6

Regulated: SEC, CFTC

Spread from: 0 pips

Min deposit: None

Markets: stocks, forex, indices, commodities

Visit broker Read review

Fees Regulation Platforms

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Compare top brokers in the USA

All comparisons

Interactive Brokers vs Forex.com Interactive Brokers vs IG Group Interactive Brokers vs OANDA Forex.com vs IG Group

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Risk warning: Trading CFDs and forex carries significant risk and may not be suitable for all investors. Ensure you understand the risks involved before depositing any funds. Capital is at risk.

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Frequently Asked Questions

Which broker is best for traders in the USA?

Interactive Brokers is our top-rated broker available in the USA with a BrokerRank score of 4.43/5, offering competitive fees, strong regulation, and a wide range of markets.

Who regulates forex trading in the USA?

Forex trading in the USA is regulated by the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). Brokers operating in the USA should hold a licence from SEC/CFTC or an equivalent recognised regulator. International brokers regulated by FCA (UK), ASIC (Australia) or CySEC (EU) are also commonly used by traders in the USA.

Is forex trading legal in the USA?

Yes, forex trading is legal in the USA and is regulated by the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). Traders should use brokers that are licensed by SEC/CFTC or hold equivalent international regulation to ensure legal protection and fund safety.

Are online brokers legal in the USA?

Online forex and CFD trading is legal in the USA when using a regulated broker. The primary regulator is Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC). Always verify that the broker you choose holds a valid licence from a recognised financial regulator before depositing funds.

Is it safe to trade forex in the USA?

Trading forex in the USA is safe when you use a properly regulated broker. Choose a broker licensed by SEC/CFTC, which requires client fund segregation, regular audits, and transparent pricing. Key safety measures include: keeping funds in segregated accounts, enabling two-factor authentication, and never investing more than you can afford to lose.

What should I look for in a broker as a trader in the USA?

Key factors include SEC/CFTC regulation or equivalent, local currency support to avoid conversion fees, competitive spreads, and a platform that suits your trading style. Our rankings above are filtered to brokers that accept clients from the USA.

Do I need to pay tax on forex profits in the USA?

Tax treatment of forex trading profits varies by country and individual circumstances. In the USA, trading profits may be subject to capital gains tax, income tax, or other levies depending on your trading frequency and status. Consult a qualified tax advisor in the USA for guidance specific to your situation. BrokerRank does not provide tax advice.

How do I compare brokers in the USA?

Use BrokerRank's comparison tool to view any two brokers side-by-side across fees, regulation, platforms and markets. Visit /compare to build your own comparison.

What is the best forex broker in the USA for beginners?

For beginner traders in the USA, the best forex broker is one with a low minimum deposit, an intuitive platform, and strong educational resources. Interactive Brokers is our top-rated pick for the USA overall. Look for brokers offering demo accounts, clear fee structures, and responsive customer support in your language.