Which brokers offer legal forex trading in the US?

Based on the CFTC’s own data, the following brokers offer legal forex trading in the U.S.: TD Ameritrade - Legally available to retail clients in the U.S. Interactive Brokers - Legally available in the U.S., but only to institutional clients.

How do I compare US registered forex brokers?

Compare US registered forex brokers side by side using the forex broker comparison tool or the summary table below. This broker list is sorted by the firm's ForexBrokers.com Overall ranking. If you live in the United States, you can read our picks for best U.S. forex brokers, featuring likes, dislikes and a bottom-line summary for each broker.

How do I start trading Forex in the US?

To start trading forex in the U.S., it’s important to choose a forex broker that is well-regulated and licensed in the U.S. by the CFTC and the NFA. Once you’ve chosen a regulated forex broker, you can use these next steps as a guide to start trading forex in the U.S.: Account setup. Complete your forex broker’s account application process.

What are the different types of forex traders?

There are several types of Forex traders, from professionally employed traders for financial firms to beginner traders hoping to turn a trading hobby into a lucrative income stream.