What is the best Forex brokerage company in the United States?

Beginner Questions
1

I am interested to know your opinions on which Forex trading company is the best in the United States and why. Also, are there advantages to trading with a company that is located in the same country where the trader lives? Thanks for your help.

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2

I, personally, do not see any advantages from trading with a company that is located in the same country.So, here is a list with a good Forex trading companies in general by investopedia.

  • CMC Markets : Best Overall Forex Broker and Best for Range of Offerings
  • London Capital Group (LCG) : Best Forex Broker for Beginners
  • Saxo Capital Markets : Best Forex Broker for Advanced Traders
  • XTB Online Trading : Best Forex Broker for Low Costs
  • IG : Best Forex Broker for U.S. Traders
  • Pepperstone : Best Forex Broker for Trading Experience
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3

Thanks for the reply. It turns out that five of the six companies do not accept U.S. clients and the one that does, IG, has no account protection or guaranteed stop losses for U.S. clients. Perhaps that is outdated information, but maybe not. However, after reading IG vs FOREX.com 2021 - ForexBrokers.com, IG looks like a very good company.

4

My personal opinion is Oanda FX. Check them out. At the time I created an account they where the highest capitalized broker, meaning even if everything crashed, you have a higher chance of withdrawing your money.

5

Thanks. I will read up on them.