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 20, 2026 / 1:57 PM EST / CBS News Add CBS News on Google To be recognized as one of the best forex brokers in the USA, a brokerage needs to give you a large number of currency pairs, low spreads, minimal costs, and the best trading platforms with analysis tools. Strong customer service and education resources are essential, too. 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 2026:OANDA – Best broker overallFOREX.com – Top for low spreadstastyfx – Good beginner experienceInteractive Brokers – Great low commissionsSchwab – Strong customer supporteToro – Great 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 overallTradingView awarded OANDA as "Broker of the Year" – making this award-winning broker a worthy winner for this list.The reasons OANDA is highly rated include competitive commission-free spreads with low costs and a large range of currency pairs. Support for top trading platforms like MetaTrader 4, its own OANDA Trade platform and TradingView are other reasons that make OANDA notable.A wide range of forex pairsOANDA gives you 68 different forex pairs to trade w...