The 8 best forex brokers in the USA

Sponsored MoneyWatch: Managing Your Money The 8 best forex brokers in the USA We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-moneywatch.jpg'); } February 26, 2025 / 10:48 AM EST / CBS News Add CBS News on Google "This article is outdated. View the new 2026 best forex broker article." To be recognized as one of the best forex brokers in the USA, a brokerage needs to give you a large number of different currency pairs to trade with, as well as low spreads and minimal costs.You'll also need the tools to make those trades, so these leading brokers will support the best trading platform software available and provide you trade analysis and execution tools.This will be supported with strong customer service channels and all the education resources you need to become a better trader.But once you have put together a short list of different broker candidates, how do you decide which is the best for you? This list of top brokers for U.S.-based traders can help you narrow your options and make your choice.Here are the top eight best brokers for U.S. traders, updated for 2025:OANDA – Top overallFOREX.com – Low spreadstastyfx – Good beginner experienceInteractive Brokers – Low commissionsSchwab – Strong customer supporteToro – Social and copy tradingTrading.com – Wide selection of pairsPlus500 – Good for futures trading All these brokers listed are regulated by both the Commodity Futures Trading Commission (CFTC) and by the National Futures Association (NFA) making them suitable for U.S. traders. The sole exception is eToro, which is regulated by the Securities Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) within the USA.  1. OANDA - Best US forex broker overall TradingView awarded OANDA as "Broker of the Year" – so it's...