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In US, the regulatory environment is quite strict and complicated for the Forex
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Best Offshore Forex Brokers That Accept US Clients In US, the regulatory environment is quite strict and complicated for the Forex Brokers. Besides, the global financial crisis of 2008 resulted in the creation of The Dodd-Frank Wall street Reform Act 2010 in US which imposed strict rules and regulations on the forex brokers of US. As a Result, Forex Brokers List for US clients reduced rapidly in US. Many international licensed and regulated brokers stopped accepting US traders as clients. For many years, the number of Forex Brokers Accepting US clients was only 3: Loanda, GAIN Capital LLC (Forex.com) and TD Ameritrade. However, the number of Forex Brokers for US traders has increased now. The US traders now have two options to trade, either with US regulated forex brokers or with offshore forex brokers. The Regulated Forex Broker in the US must be registered with the CFTC (Commodity Futures Trading Commission) or the NFA (National Futures Association). This has ensured client safety and market integrity. In addition to this, regulated Forex Brokers accepting US clients have to obtain RFED (Retail Foreign
Exchange Dealer) registration. Moreover, hedging was eliminated by the introduction of the First in, First Out (FIFO) rule for the regulated forex brokers for US traders. So, many traders are now going to the Best Offshore Forex Brokers that accept US clients. Here, an overall review of the best regulated and offshore brokers that accept US clients will be provided in this article. From this article, you can choose your desired forex broker and start your forex trading. There are several regulated forex brokers that operate in US. Some of the Best Forex Brokers for US clients are mentioned below: 1.Forex.com: Forex.com is one of the most reputable and Regulated Forex Broker in the US. It is operated by GAIN Capital Company. It is one of the earliest forex trading platforms. It provides exciting offers on spreads and leverage. It also offers a wide range of assets. It has become the biggest and best known Forex Review because of its transparency, dedication and client-friendly offers. 2. Oanda: Most experienced traders are familiar with the name of Oanda. It is one of the leading forex brokers. It has its headquarter in the US. So the US residents will feel comfortable to trade with Oanda. It offers quite a high leverage. Though the spreads is not tightest in the market, it is favorable to the clients. In short, it is a top forex broker for US residents. 3. Interactive Brokers: It is a popular US Friendly Forex Broker. It offers enormous
number of assets to trade. Its account types and pricing system may seem complicated at first but once you learn all the steps, it becomes the most convenient platform for trading. 4. IG: IG is a great choice among US forex traders. It offers major forex currency pairs to trade. It also offers excellent analytical tools, competitive pricing and and flexible leverage. Its web trading platform is well designed and user friendly. With all these features it stands out in the market as a fantastic Forex Broker for US residents. 5. Ally Invest: Ally Invest is an appealing forex broker for both the beginners and the experienced. It offers the lowest minimum deposit amount which enables even the new trader to trade and earn profit. It competes with the major forex brokers on costs. It can be certainly a splendid choice for the US forex traders. 6. TD Ameritrade: TD Ameritrade meets the clients’ expectation with its quality trading platform. It delivers extraordinary features like extensive assets, enough educational resources and research materials, low costs and low minimum funds etc. These qualities make this broker a great choice for the US residents. 7. BDSwiss: It is a comparatively new forex broker but it has aptly maintained its quality. It stands out in the market with its large number of assets, well-established website, fast account opening and quality customer support. 8. City Index: It is a trusted forex broker for US traders which provides advanced trading platforms, excellent research materials, large number of assets, maximum leverage and minimum spreads. 9. EToro: EToro is another Forex Broker Accepting US clients which made its mark in the market with its exclusive opportunities. 10. FXCM: FXCM is a safe forex broker. Trading through this broker is very easy. Traders who are looking for a user-friendly as well as trustworthy forex broker can definitely choose FXCM. Despite the strict rules and regulations of US government on forex trading, many offshore brokers accept us traders as their clients. It is because the US citizens can open account in offshore forex brokers even though the brokers do not have NFA and CFTC registration. The best offshore forex brokers that accept US clients are: 1. LMFX: It offers excellent trading conditions for the forex brokers. Though it is an offshore forex broker, its transparency is praiseworthy. It gives maximum protection
to the client’s funds. As it doesn’t need to conform to the strict regulations, it can offer quite flexible trading opportunities. The traders can enjoy significantly high leverage and very tight spreads. With all its exciting offers, it stands out as one of the most desirable offshore forex brokers. 2. LQDFX: Despite its status as an offshore broker, it offers maximum client safety. It keeps all the clients’ funds in segregated bank accounts. There is no report of complaint from any former or current client against this broker. It offers tight spreads and high leverage to the clients which draw attention of the wise traders. 3. PAXFOREX: PAXFOREX is a noteworthy offshore forex broker that accepts US clients. It offers the maximum forex pairs. Because of its vast number of forex pairs, it has become a popular broker among forex traders. Spreads and commissions are generally low in PAXFOREX. It offers a range of different account types to meet up the necessities of every type of traders. 4. FxGlory: It is a popular offshore Forex Factory News that accepts US clients. Although unregulated, this broker maintains trust among its clients. As a result, the traders feel safe with this broker. There is no history of dispute between this broker and its clients. It offers a wide selection of trading instruments including all the major forex pairs. The options of multiple trading accounts and the exclusive offers of each type of account create attraction among the traders. These are some of the best offshore forex brokers that accept US clients. The reasons why US traders run to offshore brokers are fewer restrictions, less hassle, no
limitations and great results. However, it also involves some risks as they are not regulated brokers.