Best US Forex Brokers 2020

Exchange trading platform

This guide is focused on assisting US traders in finding the best forex broker for their style of trading.

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All of the top forex brokers we cover are regulated and licensed in the US by the National Futures Association NFA and meet a strict set of criteria, ensuring protection exchange trading platform forex scams. For a more in-depth comparison of top US brokers, or if you are trading outside of the US, visit our sister site ForexBrokers.

exchange trading platform

Read full review Total Forex Pairs Offered: 91 Likes: Comprehensive research tools and real-time exchange data; Broad range of markets, currency pairs, and multi asset CFDs including cryptocurrencies ; Licensed in major exchange trading platform jurisdictions; Competitive given token pricing and spreads on forex.

Dislikes: Web platform trading windows must be resized manually to keep the layout organized; Forex Direct only available to professional traders within EU.

exchange trading platform

Bottom Line: Forex and CFD traders looking to trade a large number of instruments across multiple asset classes, including exchange-traded securities on international exchanges, will find IG offers an extensive range of tradable products on its platforms. TD Ameritrade's desktop trading platform, thinkorswim, offers an impressive combination of both design and functionality. The platform has virtually anything you could want, including live CNBC tv, trade alerts, real-time scanning, and practically every technical indicator under the sun for charting.

exchange trading platform

Read full review Total Forex Pairs Offered: 75 Likes: Powerful desktop charting that syncs with mobile; Wide array of premium research and trading tools through thinkorswim platform; Futures and options trading on forex and bitcoin futures. Dislikes: Forex only available to US residents; No web-based platform offered for forex; Platform complexity may deter beginners. Like TD Ameritrade and Interactive Brokers, it is also publicly traded and offers fx traders a large variety of trading tools.

exchange trading platform

Beyond offering its own propertiary trading platform, Forex. Professional currency traders should consider Interactive Brokers.

exchange trading platform

Interactive Brokers is well-known in the US stock and options industry as an active trading broker. Dislikes: Retail spot forex only offered to non-U.

exchange trading platform

Bottom Line: Professional traders and highly experienced investors looking for a complete multi-asset forex broker will find Interactive Brokers offers a comprehensive platform with competitive fees across multiple global financial markets.