Low Spread US Forex Brokers

The US forex brokers with the lowest spreads is:

  • oanda logo Oanda - Best Low Spread US Forex Broker
  • ig logo new IG - Has Top Range Of Trading Platforms
  • forex.com logo new Forex.com - Good Metatrader 4 Broker
  • tdameritrade logo TD Ameritrade - Has The Best Range Of Products
  • eToro - Has Great Social Crypto Trading
  • trading.com-logo Trading.com - Best Forex Broker With Metatrader 5
  • nadex logo Nadex - Is The Forex Broker For Forex Options

Oanda
Forex.com
IG
TD AmeriTrade
eToro
Our Rating
8.83
7.28
8.23
6.21
7.17
Forex specialist in USA
Choice of trading platforms
Guaranteed stop loss orders
ThinkOrSwim Trading Platform
Social trading
CFD Platform

Regulations and Licenses

Feature
Oanda
Forex.com
IG
TD AmeriTrade
eToro
NFA or CFTC (USA)

Brokerage

Feature
Oanda
Forex.com
IG
TD AmeriTrade
eToro
EUR/USD Standard Spread
1.1
1.50
1.0
-
-
Commissions (USD Base)
$5.00
$5.00
-
-
-
Minimum Deposit
$0
$100
$450
$2000
$10
Swap Free Account
No Inactivity Fees
Funding Methods
3+
4+
4+
5+
4+
No Funding Fees

Markets and Instruments

Feature
Oanda
Forex.com
IG
TD AmeriTrade
eToro
Currency Pairs
68+ (Spot)
55+ (Spot)
80+ (Spot)
70+ (Spot)
-
Cryptocurrency CFDs*
-
-
-
-
24 (Spot)
Index CFDs
-
-
-
4+ (Spot)
-
Share CFDs
-
-
-
4,200+ (Spot)
-
Commodities CFD
-
2+ (Spot)
-
2+ (Spot)
-
Stockbroking
-
-
-
4,200+ (Spot)
1903 (Spot)
221 ETFs
Retail Max. Leverage (USA)
Major Pairs 50:1
Minor Pairs 33:1
Spot 50:1
Futures 6.25:1
Major Pairs 50:1
Minor Pairs 20:1
-
-

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Oanda
Forex.com
IG
TD AmeriTrade
eToro
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
MetaTrader 4 only
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Oanda
Forex.com
IG
TD AmeriTrade
eToro
Broker Official Site Our Rating Regulation EUR/USD Spread GBP/USD Spread AUD/USD Spread MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
Visit Broker > 8.83 NFA, CFTC
IIROC
- - - 120ms $0 68+ (Spot) - 50:1 100:1
Visit Broker > 7.28 NFA, CFTC
FCA, IIROC
- - - 160ms $100 55+ (Spot) - 50:1 50:1
Visit Broker > 8.23 NFA, CFTC
FCA, ASIC
- - - 130ms $450 80+ (Spot) - 50:1 50:1
Visit Broker > 6.21 NFA, CFTC
IIROC
- - - 110ms $2000 70+ (Spot) - 50:1 50:1
Visit Broker > 7.17 ASIC, FCA
CYSEC
- - - 120ms $10 - 24 (Spot)