Discover the 9 Best Forex Brokers in United States (US) for 2026, with beginner-friendly guidance on leverage, spreads, regulation, platforms, and markets.
Choosing a forex broker in the United States can feel confusing at first. Spreads, leverage, platforms, fees, and market access all matter. In this guide, you will find nine brokers that support US clients in different ways, with clear notes on platforms, leverage, CFDs, indices, stocks, crypto CFD access, spreads, gold trading, deposit bonuses, minimum deposits, and scalping rules.
Top Picks (Quick Summary)
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UnitedPips, Best for US Traders overall: (Simple fixed spread setup with strong support)
Best for traders who want a straightforward platform, fixed spreads, leverage up to 1:1000, a $10 minimum deposit, and crypto CFD trading with 24/7 expert human support.
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OANDA, Best for Automated Forex Trading Platforms: (MT4, MT5, NinjaTrader, and TradingView support)
Best for traders who want automation-ready platforms, a $0 minimum deposit, floating spreads, and scalping support.
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Capitalcore, Best for Binary Options: (High leverage, fixed spreads, and a very small deposit)
Capitalcore is one of the best brokers for trading gold and options, and it also fits beginners and active traders who want leverage up to 1:2000, a $5 minimum deposit, and access to forex CFDs, stocks, indices, and crypto CFDs.
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Interactive Brokers, Best for scalping: (Agency style execution and broad market access)
Best for scalpers who want the ability to open and close positions in a short time, with access to forex plus stocks, indices, options, and advanced tools on desktop and web.
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N1CM, Best for MetaTrader Users on a Low Deposit: (MT4 and MT5 with high leverage)
Best for traders who want MT4 or MT5, leverage up to 1:1000, a $5 minimum deposit, and access to stocks, indices, and crypto CFDs.
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DeltaFX, Best for Platform Choice: (MT4, MT5, and cTrader in one place)
Best for traders who want MT4, MT5, or cTrader, leverage 1:1000, fixed or floating spread options by account, and scalping access.
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AZAforex, Best for Starting With $1: (Very small trade size support)
Best for beginners with a very small budget who want a $1 minimum deposit, a minimum lot size of 0.0001.
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Plus500, Best for a Proprietary Platform With Wide CFDs: (Multi-regulated broker with a simple app experience)
Best for traders who want a proprietary platform with CFDs on stocks, indices, and metals with regulation that includes FCA, CySEC, and DFSA, and with the note that US access is limited through the Plus500 US offering.
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eToro, Best for Simple Stocks and Crypto Access in the US: (Easy platform for beginners)
Best for beginners who want a simple platform experience and US access focused on stocks and crypto, with CFDs and forex access limited by region rules.
Comparison Table of Top Forex Brokers in United States (US)
Key Costs and Pricing Snapshot
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Lowest minimum deposits:
Lower entry points help you practice execution and risk management without tying up capital. OANDA and Interactive Brokers have $0 minimum deposits, while AZAforex starts from $1 and Capitalcore and N1CM start from $5. UnitedPips and eToro have $10 entry points, then DeltaFX ($50) and Plus500 ($100) are higher, which may feel less flexible for small starting balances. -
Spread type (fixed vs floating):
Capitalcore and UnitedPips offer fixed and tight spreads, which makes cost planning easier when you are learning position sizing. Plus500, OANDA, eToro, Interactive Brokers, N1CM, AZAforex have floating spreads, which can tighten in calm markets and widen during major news. DeltaFX has both floating and fixed spreads, -
Inactivity fees (what happens if you pause trading):
If you stop trading for weeks or months, inactivity rules can become a silent drag on your balance. Capitalcore, UnitedPips, N1CM, and AZAforex do not charge inactivity fee, while OANDA and Plus500 do. eToro charges a monthly inactivity fee after 12 months without login, so “not trading” and “not logging in” can matter depending on the platform. -
Deposit bonuses:
Bonuses can increase your available margin, but they often come with withdrawal conditions. Capitalcore and UnitedPips offer 40% bonuses, N1CM offers 35%, AZAforex offers 25%, and DeltaFX offers up to 200% during promotions. Plus500 offers about 15% and OANDA offers 10% to 50%, while eToro and Interactive Brokers do not offer a deposit bonus.
Why These Forex Brokers Made the List
These brokers made the list because they match common needs for US traders, from first-time beginners to active scalpers and advanced users. They cover key areas that matter in real trading: platform choice, leverage limits, spreads, market access, clear rules, and simple funding.
- Beginner-friendly starting points: Low entry deposits help new traders practice risk control. This list includes $0 minimum deposit options, plus $1, $5, and $10 entry points for small budgets.
- Clear scalping rules: Scalping is allowed on several brokers, with specific time rules where they apply. Capitalcore uses an 8-minute minimum trade duration and UnitedPips uses a 6-minute minimum trade duration, while Plus500 restricts very short duration trading under 2 minutes.
- Platform variety for every style: You can choose between proprietary platforms and popular third party tools. This list includes MT4, MT5, cTrader, NinjaTrader, and TradingView support on select brokers, which helps with automated forex trading platforms US users.
- Market coverage beyond forex: Many traders want more than currency pairs. These brokers include combinations of stocks, indices, metals including gold trading, and crypto CFDs. Several also offer options trading, and Capitalcore includes binary options.
- Support that helps new traders: Strong support matters when you are learning deposits, orders, and risk settings. Capitalcore and UnitedPips offer 24/7 human support, which helps beginners who want quick answers.
Best Forex Brokers in the US — Detailed Reviews
UnitedPips: Best for fixed spreads and a simple proprietary platform
Overview
UnitedPips focuses on a simple experience with fixed spreads, strong support, and crypto CFD access. It is built for traders who want clear pricing and a straightforward platform.
Key facts
- Minimum deposit: $10
- Spread: fixed
- Max leverage: 1:1000
- Markets: forex CFDs, metals, crypto CFD
- Platforms: proprietary desktop, web, and mobile with TradingView based charts
- Scalping: yes, with a minimum trade duration rule of 6 minutes
- Bonus: 40% deposit bonus
- Execution: non-dealing desk, market execution
- Islamic account: yes
- Support: 24/7
Pros
- Fixed spreads that keep pricing simple
- High leverage available
- Crypto CFD trading with no restrictions
- 24/7 human support
Cons
- No stocks or indices offered
Best for: Forex brokers for scalping US traders who want fixed spreads and a simple platform.
eToro: Best for simple access to stocks and crypto in the US
Overview
eTorois known for a simple platform experience. In the US, access is focused on stocks and crypto. CFD access and forex access are limited by region rules (eToro does not offer forex trading in the United States).
Key facts
- Minimum deposit: $10
- Spread: floating
- Max leverage: 1:20
- Platforms: desktop, web, mobile, TradingView supported
- Scalping: no
- Inactivity fee: $10 per month after 12 months with no login
- Support: AI chatbot
Pros
- Simple platform design for beginners
- Stocks and crypto access for US users
- Demo account available
Cons
- Scalping not supported
- Forex and CFDs are limited for US users
Best for: Beginners who want a simple platform for stocks and crypto in the US.
Capitalcore: Best for beginners in the US who want fixed spreads and a small deposit
Overview
Capitalcore is a beginner-friendly broker for US clients with a low minimum deposit, fixed spreads, and high leverage. It supports a wide range of trading instruments, including forex CFDs (e.g., EUR/USD, GBP/USD), stocks (e.g., Apple, Tesla), indices (e.g., S&P 500, NASDAQ-100), precious metals (e.g., gold, silver), and crypto CFDs (e.g., Bitcoin, Ethereum). Additionally, it offers options trading and provides a deposit bonus. The broker also offers leverage on precious metals like gold with no restrictions, allowing traders to take advantage of market movements without limitations.
Key facts
- Minimum deposit: $5
- Spread: fixed
- Max leverage: 1:2000
- Markets: stocks, indices, crypto CFD, gold and metals, forex CFDs, options
- Platforms: proprietary desktop, web, and mobile with TradingView based charts
- Scalping: Yes
- Bonus: 40% deposit bonus
- Execution: non-dealing desk, market execution
- Islamic account: yes
- Support: 24/7
Pros
- Very low minimum deposit for beginners
- Fixed spreads for easier planning
- High leverage available
- Options trading supported
- Gold and metals trading supported
- 24/7 human support
Cons
- No weekend trading for binary options
Best for: Best forex brokers for beginners in US who want fixed spreads, a small deposit, and broad market access.
Plus500: Best for a proprietary platform with a wide CFD market list
Overview
Plus500 offers a proprietary platform with access to CFDs across many markets. It supports options and gold trading, and US access is limited through its US offering, which is futures focused.
Key facts
- Minimum deposit: $100
- Spread: floating
- Max leverage: 1:300
- Markets: stocks, indices, metals, CFDs, options, crypto CFD with restrictions
- Platforms: proprietary desktop, web, and mobile
- Scalping: restricted for very short duration trading (under 2 minutes)
- Inactivity fee: yes
- Bonus: 15%
- Execution: market maker model
Pros
- Strong proprietary platform experience
- Wide CFD market list including indices and stocks
- Options trading supported
- Gold and metals trading supported
Cons
- Minimum deposit is higher than most brokers on this list
- Scalping restrictions for short duration trades
- US access is limited through a separate US offering
Best for: Traders who want a proprietary platform and a wide CFD market list.
OANDA: Best for automated forex trading platforms US and professional tools
Overview
OANDA is a long-running broker with strong regulation and broad platform support. It is a practical choice for automated trading because it supports MT4, MT5, NinjaTrader, and TradingView. It also supports scalping.
Key facts
- Minimum deposit: $0
- Spread: floating
- Max leverage: up to 1:200 (region based)
- Markets: forex, indices, stocks, crypto CFD, CFDs (CFDs not offered to US clients)
- Platforms: web, mobile, MT4, MT5, NinjaTrader, TradingView
- Scalping: yes
- Bonus: 10% to 50%
- Execution: market maker model
- Islamic account: yes
- Support: 24/5
Pros
- Strong choice for professional forex trading accounts USA
- Wide platform selection for automation and charting
- Low minimum deposit
- Scalping allowed
Cons
- Inactivity fee charged
- Gold and CFD availability is region based
Best for: Automated forex trading platforms US traders who want MT4, MT5, NinjaTrader, or TradingView.
Interactive Brokers: Best for institutional style trading and advanced market access
Overview
Interactive Brokers is a strong choice for experienced traders and institutions. It supports forex and a wide range of markets with agency-style execution. It also supports options trading and offers broad funding methods.
Key facts
- Minimum deposit: $0
- Spread: floating
- Max leverage: up to 1:500
- Markets: forex, stocks, indices, CFDs, options, metals (restrictions apply)
- Platforms: desktop, web, mobile, TradingView via third party
- Scalping: yes
- Inactivity fee: no
- Execution: agency and DMA style execution
- Support: 24/6
Pros
- Fits institutional forex brokers US needs and professional forex trading accounts USA
- Broad market access across asset classes
- Strong execution model for active traders
- Options trading supported
- Positions can be held for as little as a few seconds
Cons
- Not built for simple beginner workflows
- No Islamic account
- No crypto CFD
Best for: Institutional forex brokers US users and advanced traders who want deep tools and broad market access.
N1CM: Best for MT4 and MT5 users who want high leverage and a low deposit
Overview
N1CM is an offshore broker with MT4 and MT5 support, low minimum deposit, and high leverage. It supports stocks, indices, and crypto CFD trading and allows scalping.
Key facts
- Minimum deposit: $5
- Spread: floating
- Max leverage: 1:1000
- Minimum lot size: 0.001
- Markets: forex CFDs, stocks, indices, crypto CFD
- Platforms: web, MT4, MT5, mobile
- Scalping: yes
- Bonus: 35% deposit bonus
- Islamic account: yes
- Support: 24/5
Pros
- Low minimum deposit
- MT4 and MT5 access for automated strategies
- High leverage
- Scalping allowed
Cons
- Offshore regulation
- Crypto CFD leverage is lower than forex leverage (up to 1:20)
Best for: Traders who want MT4 or MT5 with a $5 minimum deposit and scalping access.
AZAforex: Best for ultra low entry deposits and very small trade sizes
Overview
AZAforex has one of the lowest minimum deposits in this group and supports very small trade sizes. It supports forex CFDs, stocks, indices, crypto CFD trading, and options. It allows scalping.
Key facts
- Minimum deposit: $1
- Spread: floating
- Max leverage: up to 1:1000
- Minimum lot size: 0.0001
- Markets: forex CFDs, stocks, indices, crypto CFD, options
- Platforms: desktop, web, mobile
- Scalping: yes
- Bonus: 25% deposit bonus
- Support: 24/5
Pros
- $1 minimum deposit
- Very small minimum lot size
- Options trading supported
- Scalping allowed
Cons
- No specific regulator
Best for: Beginners with very small capital who want to place very small trades.
DeltaFX: Best for traders who want MT4, MT5, and cTrader with high leverage
Overview
DeltaFX supports several popular platforms including MT4, MT5, and cTrader. It offers 1:1000 leverage on all accounts and supports stocks, indices, and crypto CFD trading. It allows scalping and offers large bonuses during promotions.
Key facts
- Minimum deposit: $50
- Spread: fixed or floating depending on account (fixed for certain accounts like “DeltaFix”)
- Max leverage: 1:1000
- Markets: forex CFDs, stocks, indices, crypto CFD
- Platforms: web, MT4, MT5, cTrader, mobile
- Scalping: yes
- Bonus: up to 200% during promotions
- Islamic account: yes
Pros
- Strong platform choice for active traders
- cTrader support for advanced order entry
- High leverage
- Scalping allowed
Cons
- Higher minimum deposit than the lowest cost brokers on this list
Best for: Traders who want MT4, MT5, or cTrader with high leverage and scalping access.
How Leverage, Spreads, and Scalping Rules Work in Practice
Leverage increases the size of a trade you can open with your account balance. Higher leverage can increase both profits and losses fast. Beginners often start with smaller position sizes.
- Fixed spreads: Spreads are fixed on some brokers. This keeps the spread consistent on those accounts. Capitalcore and UnitedPips have fixed spreads.
- Floating spreads: Floating spreads move with market pricing and liquidity. This model is offered by OANDA, Interactive Brokers, and several others.
- Scalping rules: Some brokers allow scalping with conditions. Capitalcore and UnitedPips have a minimum trade duration rule.
- Automation and platforms: Automated forex trading platforms US traders often use MT4, MT5, cTrader, NinjaTrader, and TradingView. OANDA supports MT4, MT5, NinjaTrader, and TradingView. N1CM supports MT4 and MT5. DeltaFX supports MT4, MT5, and cTrader.
Who Should Choose Which Option?
- Best forex brokers for beginners in US: Capitalcore for low minimum deposit, fixed spreads, and broad markets. OANDA for its strong platforms. eToro for a simple platform with US access focused on stocks and crypto.
- Forex brokers for scalping US: OANDA and Interactive Brokers offer scalping. Capitalcore, UnitedPips, N1CM and DeltaFX also offer scalping.
- Professional forex trading accounts USA: OANDA for platform support and tools. Interactive Brokers for advanced features and broad market access.
- Institutional forex brokers US: Interactive Brokers is the most institutional style option in this list with multi-market access and advanced tools.
- Automated forex trading platforms US: OANDA for MT4, MT5, NinjaTrader, and TradingView, plus N1CM and DeltaFX for MT4 and MT5, and cTrader on DeltaFX.
- Gold trading: Capitalcore and UnitedPips have metals access, and other brokers also offer metals depending on product rules.
- Options trading: Capitalcore, Plus500, Interactive Brokers, and AZAforex have options support.
How to Choose the Right Forex Broker in the US
- Start with your goal: beginners often want simple platforms, low minimum deposits, and clear pricing. Scalpers need scalping permission and clear trade duration rules. Automated traders need MT4, MT5, cTrader, NinjaTrader, or TradingView support.
- Check product access: decide if you need indices, stocks, metals, crypto CFDs, or options. Not every broker offers every market.
- Compare spreads and fees: fixed spreads and floating spreads work differently. Also check inactivity fees.
- Check US access rules: some brokers offer full US access, while others limit US users to specific products.
Final Verdict
If you want a beginner-friendly start with a small deposit and fixed spreads, Capitalcore stands out. It has a $5 minimum deposit, fixed spreads, high leverage, and a deposit bonus. It also includes options and metals, plus 24/7 human support.
If you want fixed spreads with a simple proprietary platform, UnitedPips is a strong choice. It has leverage up to 1:1000, a $10 minimum deposit, and crypto CFD access, with 24/7 support.
For automated forex trading platforms US traders, OANDA offers the widest platform selection. For institutional forex brokers US and professional accounts, Interactive Brokers offers the most advanced market access in this list.
Our Review Process & Updates
We reviewed each broker using one checklist: minimum deposit, spreads, leverage limits, supported platforms, market access across CFDs, indices, stocks, metals, and crypto CFDs, scalping rules, bonuses, and inactivity fees.
Risk Warning
Forex and CFD trading involves high risk. Leverage can increase profits and losses fast. Only trade money you can afford to lose. Terms for bonuses, withdrawals, and product access can change. Always read the broker terms, product disclosures, and regional rules before you deposit.
FAQ
What is the best forex broker for beginners in the US?
Capitalcore is a top pick for beginners because it has a $5 minimum deposit, fixed spreads, a demo account, beginner education, and 24/7 human support. OANDA is also beginner-friendly because it has a $0 minimum deposit and supports many platforms.
What is the best forex broker for scalping in the US?
OANDA and Interactive Brokers offer scalping. If you scalp, follow each broker trade duration and execution rules.
What is the best broker for automated forex trading platforms in the US?
OANDA is a leading option for automation because it supports MT4, MT5, NinjaTrader, and TradingView. N1CM supports MT4 and MT5, and DeltaFX supports MT4, MT5, and cTrader.
Which forex broker has the lowest minimum deposit?
OANDA and Interactive Brokers have a $0 minimum deposit. AZAforex has a $1 minimum deposit. Capitalcore and N1CM have a $5 minimum deposit.
Can I start forex trading with $1?
Yes. AZAforex offers a $1 minimum deposit. A $1 balance is very small for risk control, so start with a demo first and use the smallest position sizes if you trade live.
Which forex brokers are the best for beginners with small capital?
Capitalcore and N1CM both offer a $5 minimum deposit and offer demo accounts. OANDA and Interactive Brokers offer $0 minimum deposits. UnitedPips is also beginner-friendly with a $10 minimum deposit and fixed spreads.
Published by:
Elizabeth Sterling