Forex Brokers That Accepts U.S. Residents
Many international Forex brokers not accept US traders. The main reason for this is the Dodd-Frank Act. On July 21, 2010 president Obama signed the Dodd-Frank wall street reform and consumer protection act. The new rules goal is to regulate financial markets like futures, options, stocks and Forex.
In order offer Forex trading service for US residents, the Forex broker must be authorized and regulated by following bodies:
NFA – the National Futures Association.
CFTC – Commodity Futures Trading Commission.
Register to these two bodies isn’t an easy task and most of the international brokers didn’t do this yet.
Brokers Accepting US residents:
ZuluTrade – exist since 2006 and accept traders from US. The company CFTC Member ID = 0389149. Here you can ZuluTrade detailed review.
To check ZuluTrade registration on NFA site click here
Summary
Working with regulated broker ensures the safety of your funds so it’s highly recommended to work only with regulated brokers.
Forex Regulators
How To Choose Signals Provider
Best Forex Strategies For Beginners
Forex Trading Tips
Dive into the heart of Forex trading excellence with our "Forex Trading Tips" category. Uncover a treasure trove of expert advice, strategies, and market insights designed to elevate your trading game. Whether you're a novice exploring the world of currency exchange or a seasoned trader looking for that extra edge, our articles are tailored to empower you at every level. Discover time-tested tips on risk management, market analysis, and effective trading strategies that can help you navigate the dynamic Forex landscape. Join us on a journey of continuous improvement, where each tip is a stepping stone towards mastering the art of Forex trading. Maximize your potential and make informed decisions with the wisdom shared in our Forex Trading Tips category.
Forex Trading Tools and Resources
In the dynamic world of Forex trading, having the right tools at your disposal can make a world of difference. Whether you're a seasoned trader... Red More
Social Trading Platforms: Connecting Traders for Success
In the ever-evolving landscape of Forex trading, the power of community and collaboration has taken center stage with the emergence of social trading platforms. These... Red More
Unveiling the Top Forex Pairs to Trade for Profitable Ventures
In the fast-paced world of forex trading, the choice of currency pairs can significantly impact your success. Wise investors understand that not all pairs are... Red More
Forex Risk Management Strategies for Small Accounts
Trading in the Forex market offers significant opportunities for profit, but it also carries a substantial level of risk. For traders with small accounts, effectively... Red More
Forex Trading Psychology Tips for Consistent Profits
Successful Forex trading is not only about understanding technical and fundamental analysis; it's also about mastering the psychological aspects of trading. Emotions can play a... Red More
The Top 5 Essential Indicators for Success
In the fast-paced world of forex trading, having the right tools at your disposal can be the difference between success and struggle. Among these tools,... Red More