The 8 best forex brokers in the USA
Summary
This article lists the eight best forex brokers for traders in the USA as of 2026. It highlights each broker’s strengths, including trading costs, currency options, platforms, and customer support, and notes that all are regulated by U.S. authorities.Key Facts
- The top eight forex brokers for U.S. traders in 2026 are OANDA, FOREX.com, tastyfx, Interactive Brokers, Schwab, eToro, Trading.com, and Plus500.
- All brokers except eToro are regulated by the Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA); eToro is regulated by the Securities Exchange Commission (SEC) and FINRA.
- OANDA is ranked the best overall broker, offering 68 currency pairs, low costs, and support for major trading platforms like MetaTrader 4 and TradingView.
- OANDA provides access to cryptocurrency trading through Paxos and futures trading via Wedbush, covering various products like commodities and financial indices.
- High-volume traders on OANDA can join the Elite Trader program for cash-back rebates that lower trading costs significantly.
- FOREX.com is noted for its low spreads, tastyfx is beginner-friendly, Interactive Brokers offers low commissions, Schwab provides strong customer support, eToro specializes in social and copy trading, Trading.com has a wide selection of currency pairs, and Plus500 is good for futures trading.
- OANDA’s spreads on major pairs like EUR/USD start at 0.4 pips, with commissions lower than some competitors due to direct bank pricing.
- Traders can choose from multiple platforms on OANDA, including MetaTrader 4, its own OANDA Trade, and TradingView.
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