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 $50 None MetaTrader 4, Proprietary platform 1:50 ASIC, FCA, IIROC, MAS, CFTC, NFA, FSA, SFC, CIMA Accepts US clients
Accepts US clients

9.9/10
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Nadex $250 None None None CFTC Accepts US clients
Accepts US clients

9.7/10
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FXCM $50 ?
Standard: $2000, Mini: $50
None MetaTrader 4, Proprietary platform, Web-based 1:50 ASIC, FCA

9.3/10
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4 OANDA $1 None MetaTrader 4, Proprietary platform 1:48 ASIC, FCA, IIROC, CFTC, NFA 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

FOREX

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 Review
Nadex

Nadex is a Chicago-based regulated derivatives exchange designed for the retail trader that offers only limited risk products. It is part of the IG Group, a global financial services provider with a market cap of over £2.2bn. Unlike many other binary options brokers, Nadex.com is available to U.S. citizens as it is based in the States and is a regulated US exchange, designated by the CFTC (Commodity Futures Trading Commission) and is legally permitted to accept US residents as members. At Nadex, traders have access to trade over 2,400 binary option contracts daily on some of the most popular financial markets including Forex, stock indices and commodities.

Nadex Review
FXCM

FXCM (Forex Capital Markets) was founded in 1999 in the U.S.A. and was an early pioneer of internet-based trading. FXCM was listed among the fastest growing companies by Inc. 500 List of America’s Fastest Growing Companies three years in a row. The FXCM Group has headquarters in New York, with offices around the globe in places such as the U.K., France, Italy, and Australia. It is regulated and licensed in each of them. FXCM is also a publicly traded company on the Nasdaq Exchange, the major U.S. exchange listing the equity of large technology-based companies.

FXCM Review
OANDA
OANDA
OANDA

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
CitiFX Pro

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