There's no question that US-based Forex traders have fewer brokerage
options than their international counterparts. Nevertheless, there are
some fantastic choices available in the US, including Forex.com and
FXCM, two long-established, internationally acclaimed brokerage houses.
If you're looking for an NFA regulated Forex broker, you'll want to
evaluate these two choices among any other options, and you can start
your research with this top US Forex brokers comparison.
FXCM,
short for Forex Capital Markets, is a no dealing desk Forex broker that
offers two distinct services. DailyFX, a news service, provides regular
financial news to Forex traders worldwide, while FXCM itself offers
trade executions on multiple platforms with competitive spreads. For US
traders, leverage is restricted to 1:50 because of NFA regulations.
Specifically useful for new traders may be the company's free online
learning seminars that are offered on a regular basis. Experienced
traders will appreciatethe company's fractional pip pricing and
non-dealing desk nature, which ensures that the brokerage will not take
the other side of your trade. Partnerships with top banks enable FXCM to
have fast execution and respected trading conditions.
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