Top Rated NFA Forex Brokers Reviews - 2017

The National Futures Association (NFA) is an industry wide independent self-regulatory organization and watchdog of the commodities and futures industry in the United States. The NFA protects investors from fraudulent futures and commodities activities. The NFA also oversees mediation and arbitration for resolving consumer complaints. NFA maintains no ties to any specific marketplace.

To be registered with NFA, Forex brokers must follow the strict rules and requirements, including financial requirements, developed by NFA which are meant to protect investors from fraudulent activity and customer abuse of any kind.

Below is a list of the top NFA Forex brokers. The Daily Forex team has done all the research and has made it easy for you to select the NFA regulated Forex broker that meets your own personal criteria.

Broker's Name Minimum Deposit Deposit Bonus Type of Platform Maximum Leverage Regulation Rating More Info
FOREX $250 None MetaTrader 4, Proprietary platform 1:50 CFTC, FCA, NFA, FSA, ASIC, IIROC, SFC, SEC Accepts US clients
Accepts US clients

9.6/10
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FXCM $50 ?
Standard: $2000, Mini: $50
None MetaTrader 4, Proprietary platform, Web-based 1:50 FCA, NFA, ASIC Accepts US clients
Accepts US clients

9.3/10
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eToro USA $50 $100 Proprietary platform 1:400 CFTC, NFA Accepts US clients
Accepts US clients

9.2/10
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4 OANDA $1 None MetaTrader 4, Proprietary platform 1:48 CFTC, FCA, NFA, ASIC, IIROC Accepts US clients
Accepts US clients

9.1/10
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5 CitiFX Pro $10,000 None MetaTrader 4 None FCA, NFA

8.6/10
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NFA Forex Brokers Reviews

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FOREX.com is a currency trading website operated by Gain Capital Holdings, Inc., a financial services company that’s been in business since 1999. GAIN Capital is listed on The New York Stock Exchange (NYSE: GCAP). FOREX is a highly regulated Forex broker throughout Europe and Asia and has won rewards for the best research and analysis by FX Street for 2014 and 2015.

FOREX Review
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FXCM Holdings, LLC has been listed as one of the fastest growing companies by Inc. 500 List of America Fastest Growing Companies three years in a row (2004-2006). FXCM Holdings, LLC is headquartered in New York, with offices around the world including U.K., Japan, Hong Kong, France, Italy, and Australia, and is regulated and licensed in each of them. FXCM has over 165,000 tradable accounts on its platforms and a monthly average of over $250 billion in trade volume. See review of FXCM at DailyForex.com.

FXCM Review
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eToro USA is an American version of the famous eToro brand. eToro makes learning and mastering the necessary Forex trading skills a fun experience with a graphical and user friendly interface while offering a competitive platform for more experienced traders. eToro USA is an introducing broker of FX Solutions, enabling eToro to trade in the US without receiving NFA regulation while benefiting from eToro's famous game-like trading platform.

eToro USA Review
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OANDA is a multi-faced financial services Forex and CFD broker and market maker. Founded in 1996, OANDA is based in New York and is available for traders in the U.S., Canada, Asia and Europe. OANDA was the first broker in 1995 to offer a broad range of currency exchange-rate information free of charge over the Web. Today, it possesses one of the world's largest and most accurate databases of currency rates, handling more than a million queries a day.

OANDA Review
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CitiFx pro is a global bank and the broker of choice for those who want a reliable broker in the demanding Foreign Exchange market. In fact, foreign Exchange has been one of the defining businesses of Citi for much of its 200 year existence. In 2007 the G10 and EM businesses were combined into a single global FX offering for Citi clients. Today CitiFx has a physical presence in 83 countries with 1,400 dedicated staff giving it the largest FX presence of any bank globally.

CitiFX Pro Review