Forex trading has become increasingly popular over the years, with millions of traders around the world investing in the currency market. However, finding a reliable and trustworthy forex broker can be a daunting task, especially for US clients. This is due to strict regulations imposed by the US government on forex brokers, which has led to many brokers shying away from accepting US clients. In this article, we will examine some of the best forex brokers who accept US clients in 2018.
1. OANDA
OANDA is a popular forex broker that has been in the business for over two decades. The broker is regulated by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC). OANDA offers a wide range of trading platforms, including a proprietary platform, MetaTrader 4, and mobile trading apps. The broker provides access to over 70 currency pairs, as well as a range of other assets, including commodities, bonds, and indices. OANDA also offers competitive spreads, with no hidden fees or commissions.
2. Interactive Brokers
Interactive Brokers is a well-established forex broker that is regulated by the NFA and the Securities and Exchange Commission (SEC). The broker offers a range of trading platforms, including a proprietary platform, MetaTrader 4, and mobile trading apps. Interactive Brokers provides access to over 100 currency pairs, as well as a range of other assets, including stocks, options, futures, and bonds. The broker also offers competitive spreads, low commissions, and a range of advanced trading tools and features.
3. TD Ameritrade
TD Ameritrade is a reputable forex broker that is regulated by the NFA and the SEC. The broker offers a range of trading platforms, including a proprietary platform, MetaTrader 4, and mobile trading apps. TD Ameritrade provides access to over 70 currency pairs, as well as a range of other assets, including stocks, options, futures, and bonds. The broker also offers competitive spreads, low commissions, and a range of advanced trading tools and features.
4. FOREX.com
FOREX.com is a well-known forex broker that is regulated by the NFA and the CFTC. The broker offers a range of trading platforms, including a proprietary platform, MetaTrader 4, and mobile trading apps. FOREX.com provides access to over 80 currency pairs, as well as a range of other assets, including commodities, indices, and cryptocurrencies. The broker also offers competitive spreads, low commissions, and a range of advanced trading tools and features.
5. Ally Invest
Ally Invest is a relatively new forex broker that is regulated by the NFA and the SEC. The broker offers a range of trading platforms, including a proprietary platform, MetaTrader 4, and mobile trading apps. Ally Invest provides access to over 50 currency pairs, as well as a range of other assets, including stocks, options, and futures. The broker also offers competitive spreads, low commissions, and a range of advanced trading tools and features.
Conclusion
Forex trading can be a lucrative investment opportunity, but it is important to choose a reliable and trustworthy forex broker. For US clients, finding a forex broker that accepts US clients can be a challenge, but there are several reputable brokers available. OANDA, Interactive Brokers, TD Ameritrade, FOREX.com, and Ally Invest are some of the best forex brokers who accept US clients in 2018. These brokers offer a range of trading platforms, competitive spreads, low commissions, and a range of advanced trading tools and features, making them ideal for both novice and experienced traders.
