Quick Answer
US retail forex is subject to a specific federal and self-regulatory framework; an overseas broker’s licence does not establish US eligibility. Check the exact legal entity in the CFTC/NFA records, permitted activities, current account agreement and product terms. This page compares public-source information for FOREX.com, OANDA and tastyfx without ranking them or claiming that any one provider is suitable for every US customer.
US Forex Brokers Compared
These are research profiles, not recommendations or a ranked “best” list. Where a cost or minimum deposit is not confirmed in the cited public source, the table says so rather than filling the gap with an estimate.
| Broker | Entity and regulatory evidence | Platforms | Published cost information | What to verify |
|---|---|---|---|---|
| FOREX.com | GAIN Capital Group LLC; linked NFA BASIC record in its BrokerSafari review. | FOREX.com platform; US pages also describe MT5 access. | Standard and RAW pricing; US RAW page states $7 per $100,000 traded. | Account eligibility, current commission basis, product and funding terms. |
| OANDA | US-facing service; verify the contracting entity and current NFA/CFTC record directly. | OANDA Trade; other integrations vary by market. | Official US fee and spread disclosures; no live side-by-side cost test here. | Current pricing schedule, entity, platforms, products and funding terms. |
| tastyfx | Provider disclosure states tastyfx, LLC and NFA ID 0509630; independent register match not asserted here. | Provider pages list supported web, desktop and third-party platforms; check account compatibility. | Provider advertises separate Standard and Zero+ pricing; verify current account schedule. | NFA record, eligibility, commission basis, supported platforms and withdrawal terms. |
How US Retail Forex Regulation Works
The Commodity Futures Trading Commission (CFTC) and National Futures Association (NFA) are central to the US retail forex framework. A firm’s name, trading name, NFA ID and permitted activities must match the current official records. Marketing language or a foreign licence is not a substitute for that check.
The CFTC explains that retail forex customers should verify a dealer’s registration and NFA membership. Status and permitted activities can change, so use the official register at the time of account opening. This page is educational and is not a legal opinion.
Leverage, Margin and Risk
US retail forex margin rules differ from the UK, EU and many offshore jurisdictions. The applicable requirement depends on the instrument, firm and current rule. Do not use an international marketing page to infer the leverage available to a US customer.
Leverage magnifies both gains and losses and can cause losses quickly. Read the firm’s margin, liquidation, negative-balance and risk disclosures. A high leverage figure is not evidence of stronger protection or a better broker.
Costs, Platforms and Account Terms
Compare the same pair, trade size and holding period. Include spread, commission, overnight financing, currency conversion and any funding or inactivity charges. “From” pricing is a minimum claim, and platform screenshots do not establish execution quality.
Check that the desired platform is enabled for your account and that each instrument is available through the US entity. Account opening requirements, funding methods and withdrawal terms can differ even when brands offer similar software.
How We Selected and Compared These Providers
- Selection criteria
We included FOREX.com, OANDA and tastyfx because each has a US-facing service page and an associated BrokerSafari review. The table compares cited public disclosures and identifies differences in source strength; it is not a complete directory, a recommendation or a live account test.
A provider’s US marketing page does not establish current eligibility or permissions. We did not independently test onboarding, costs, execution, support or withdrawals. Recheck the CFTC/NFA record and account agreement before applying.
What We Verified—and What Remains Unverified
We reviewed cited CFTC/NFA reference material and provider disclosures dated 21 October 2026. The tastyfx NFA number is described as provider-disclosed in this research; we do not present it as independently matched to a live NFA record here.
BrokerSafari did not open accounts or test prices, order execution, customer service, deposits or withdrawals. Readers should check the official register and current terms directly before making a decision.
Broker comparison
BrokerSafari scores describe recorded evidence, coverage and confidence. They are not investment ratings, suitability findings or guarantees.
- Evidence confidence:
- medium
- Evidence coverage:
- 56.3%
- Regulatory status:
- Verified regulator record located
- Relevant evidence:
- BrokerSafari review identifies the US entity and links a named NFA record.
- Scope:
- US entity only; non-US companies require separate checks.
FOREX.com is a trading brand. This review independently matches the US legal entity GAIN Capital Group LLC, doing business as FOREX.com, with NFA BASIC ID 0339826 and the registration categories shown in the public record. It also reviews the provider’s US MT5 disclosures. Other group entities, country eligibility, and account-specific terms require separate checks.
- Evidence confidence:
- medium
- Evidence coverage:
- 71%
- Regulatory status:
- Verified regulator record located
- Relevant evidence:
- OANDA publishes a US forex service and entity-specific risk and regulatory disclosures.
- Scope:
- Confirm the current contracting entity and eligible products before applying.
OANDA is a global trading group with separate companies and permissions across multiple markets. The FCA register identifies OANDA Europe Limited (FRN 542574); OANDA’s own public disclosures list additional US, Singapore, Australian, Polish and other entities. Products, fees, payment methods and protections depend on the applicable company. BrokerSafari reviewed public documents only and did not test an account, live pricing or withdrawals.
- Evidence confidence:
- low
- Evidence coverage:
- 59.5%
- Regulatory status:
- Provider-disclosed only
- Relevant evidence:
- The provider’s US disclosure states its registration and NFA ID; this page flags the record as provider-disclosed unless independently matched.
- Scope:
- US provider disclosures; no non-US service or permissions are inferred.
tastyfx is a US-facing forex brand. Its public disclosures identify tastyfx, LLC and state CFTC registration, NFA membership and NFA ID 0509630; BrokerSafari did not independently match that identifier to a live NFA record in this review. The provider publishes multiple account, platform and pricing options. We did not open an account, test live costs or request a withdrawal.
Related research
Frequently asked questions
Eligibility changes and depends on the exact US entity and product. Use the CFTC/NFA records and provider country terms; this comparison is not a complete or guaranteed availability list.
Not by itself. US eligibility and permissions must be checked for the company serving the US account under the applicable US framework.
tastyfx’s public disclosure states that tastyfx, LLC is registered with the CFTC and NFA under ID 0509630. This page labels that as provider-disclosed because a live NFA record was not independently matched here.
No broker can be declared safest from this comparison. Check current regulator records, entity, permissions, risk disclosures, fees and the service you plan to use.
Do not rely on an offshore headline ratio for a US account. Verify the legal entity and US product rules; leverage availability is jurisdiction- and product-specific.
No. The page summarizes public sources and does not claim live trading, price, deposit or withdrawal tests.
Evidence Reviewed
Source records are shown for the claims and selection scope described on this page. A provider statement is not independent verification.