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- Best For:Earning Cashback on TradesVIEW PROS & CONS:securely through Forex.com's website
- Best For:$100 Welcome BonusVIEW PROS & CONS:securely through Trading.com's website
- Best For:Active and Global TradersVIEW PROS & CONS:Securely through Interactive Brokers’ website
Read More On These Brokers Below
- Best For:Earning Cashback on TradesVIEW PROS & CONS:securely through Forex.com's website
FOREX.com caters to forex traders with a wide selection of tradable currencies, low account minimums, and a notable trading platform. It's a suitable option for traders seeking a home base for their currency trading. FOREX.com offers a comprehensive education and research center with free forex trading courses at various skill levels, which both new and experienced traders can benefit from.
This broker accepts U.S. clients and is regulated in the U.S. by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). FOREX.com also has oversight from regulators in 6 major world jurisdictions through its subsidiaries.
- Best For:$100 Welcome BonusVIEW PROS & CONS:securely through Trading.com's website
Trading.com provides an attractive forex trading experience with competitive advantages like low spreads and zero commissions. It utilizes the advanced MT5 platform, offering a variety of tools for analysis and automated trading. The broker is regulated by the CFTC and NFA, ensuring a safe and secure trading environment.
Trading.com is one of the most affordable U.S. brokers, offering great promotions such as a $100 no-deposit bonus and paper trading competitions. The platform features a sleek design, easy navigation, and delivers a smooth trading experience. While seasoned traders may find some features lacking, the platform strikes a good balance between functionality and ease of use, making it particularly appealing for beginners.
- Best For:Active and Global TradersVIEW PROS & CONS:Securely through Interactive Brokers’ website
Interactive Brokers (IBKR) is a multinational brokerage firm operating the largest electronic trading platform in the U.S., IBKR is one of the most regulated financial companies in the world and is listed on the Nasdaq stock exchange under the ticker IBKR.
Interactive Brokers has been around for over forty years, and its strong reputation has made it a go-to broker for many traders in the United States.
Interactive Brokers offers competitive spreads, low commissions and no hidden fees. The trading platform is easy to use and provides all the tools needed to make informed decisions when trading foreign currencies. The broker is also a popular choice for algorithmic trading, with their technology allowing traders to access over 100 different markets and trade across multiple asset classes.