US Forex Brokers MT4 List

Our November 2022 Best MetaTrader 4 USA brokers are.

  • oanda logo OANDA - Best MT4 Forex Broker For US Traders
  • IG IG US - Great For New Traders
  • forex.com logo Forex.com - Has Low Trading Costs

Oanda
Forex.com
IG
Our Rating
8.83
7.28
8.23
Forex specialist in USA
Choice of trading platforms
Guaranteed stop loss orders

Regulations and Licenses

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

Brokerage

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

Markets and Instruments

Feature
Oanda
Forex.com
IG
Currency Pairs
68+ (Spot)
55+ (Spot)
80+ (Spot)
Cryptocurrency CFDs*
-
-
-
Index CFDs
-
-
-
Share CFDs
-
-
-
Commodities CFD
-
2+ (Spot)
-
Stockbroking
-
-
-
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
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
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