Best trading platforms in United States
Quick answer: In the United States, trading is overseen by SEC, FINRA, CFTC and NFA. Pick a platform that is regulated for United States residents, accepts USD deposits, and has transparent fees.
What traders in United States need to know
- Forex brokers must be registered with the CFTC and be NFA members; leverage on major pairs is capped at 50:1.
- The Pattern Day Trader rule requires $25,000 in a margin account to make four or more day trades in five business days.
- Many offshore crypto exchanges and bot platforms restrict US residents, so check availability before signing up.
How to check a broker or bot is safe
Search the broker's legal name on the official register of SEC, FINRA, CFTC and NFA. Make sure the website domain matches the registered entity, never send money to individuals or "account managers", and start with a small deposit to test withdrawals.