US Forex Brokers – Dealers List

FXproTec List of the US Forex Brokers

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Recommended US Forex Broker

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Advanced Markets Fx

Alpari US

Forex.com

Forex Capital Markets

Forex Club

FX360.com

FXClub.com
(NFA RFED license withdrawn as of November 18, 2012)

FXCM.com

FX Direct Dealer

FXDD.com

FX Power

FX Solutions

FXsol.com

GFT Forex

GTS Trader

Hotspot FX

IBFX.com

IFX Markets

ILQ – Institutional Liquidity

Interactive Brokers

Knight Hotspot FX

MB Trading

Oanda

PFGBEST.com
(filed for bankruptcy as of July 11, 2012)

TradeStation

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The intelligent choice of a broker – dealer is extremely important. It can mean difference between “making” or “braking it.” Everybody should evaluate independently the broker’s credentials and performance.

Click here for The US Forex Brokers Reviews and Ratings

In the US the Commodity Futures Trading Commission (CFTC) has authority to regulate OTC foreign exchange transactions. Regardless of the fact that spot forex has nothing to do with the futures.

All the brokers with a few exceptions also have to be NFA members. NFA (National Futures Association) is a self-regulatory futures industry organization.

They hold following types of licenses:

RFED indicates NFA registration as a retail foreign exchange dealer

FDM indicates NFA registration as a forex dealer member

IB indicates NFA registration as an introducing broker

Forex brokers in other countries might be regulated or unregulated.