US FOREX BROKERS MT4

The forex market is still the largest financial market in the world with a daily turnover of over 5 trillion dollars.

A long time ago, this market was restricted to only big financial institutions; however, with the continuous growth in technology regular folks can now participate in this industry.

If you are in the United States, you can use US forex brokers MT4 to have access to this large financial market.

All US forex brokers offer MT4 trading platform to US forex traders and it’s free. All you have to do is to register an account.

FOREX BROKERS LIST

forex brokers list

There are many forex brokers out there, in this post, I am going to only focus on highly trusted ones

Below are the forex brokers list, launch year, and regulations.

BROKERYEARREGULATION
XM2009ASIC, CySEC, IFSC
FXTM2011CySEC, FCA, IFSC
FXCC2010cySEC, VFSC
LIBERTEX1997cySEC
FXPRO2006CySEC, FCA, FSCA, SCB
HFM2010CySEC, FSC, FSB, FCA, BaFin, DFSA
FXCM1999FCA, ASIC, SFC, CONSOB, BaFin, ACP
IRONFX2010FCA, ASIC, FSCA, CySEC
pepperstone2010CYSEC, BAFIN, CMA, SCB, DFSA, ASIC, FCA
Forex.com1999NFA, CFTC, FCA, ASIC, FSA, IIROC, SFC
IG1995NFA, CFTC, ASIC, FSA(UK), MAS
Oanda1996CFTC, NFA, FSA, IIROC, MAS
IC MARJETS2007ASIC, ACN
EXNESS2008CySEC, FCA
ETORO2007NFA, CySEC, ASIC, CFTC, MiFID, FCA
Interactive brokers1997FSA, IIROC, CFTC, SEC
INSTAFOREX2007BVI FSC, CySec
TICKMILL2014FCA UK, CySEC, FSA Seychelles
ATC BROKERS2005CFTC, NFA
ALPARI1998FSC Mauritius
AVA TRADE2006MiFiD, CBI, FSA, ASIC, SFB, BVI, ADGM, FSRA, CySEC
XTB2002FCA
FXOPEN2003FCA, ASIC, FC
Markets.com2008CySEC, FCA, ASIC, FSCA, BVI FSC
WINDOR BROKERS1998CySec, FCA, ACPR, BaFin, MiFID
ADMIRAL MARKETS2001ASIC, CySEC, FCA, EFSA
HANTEC MARKET1990FSA
HYCM1977CySEC, FCA, MiFID, DFSA, SFC
SWISSQUOTEBANK2000FINMA, MFSA, DFSA
LITEFOREX2005RMI BCA

The above are Mt4 and MT5 forex brokers.

READ ALSO: US FOREX BROKERS MT5

READ ALSO: US FOREX BROKERS WITH HIGH LEVERAGE

US FOREX BROKERS MT4

us forex brokers mt4

There are many US forex brokers MT4; below are the most trusted US forex brokers that offer MT4.

  • IG
  • TD  Ameritrade
  • Forex.com
  • Interactive broker
  • Oanda
  • Thinkorswim

US FOREX BROKERS NO MINIMUM DEPOSIT

us forex brokers no minimum deposit

There are lots of US forex brokers, sadly at the moment, only the Oanda broker has no minimum deposit. Other US forex broker has a starting minimum deposit of about 100-200 dollars.

Oanda allows clients to trade a wide range of financial instruments, including Forex in the United States and Japan, as well as Forex and CFDs (contracts for difference) in Canada, the United Kingdom, EMEA, APAC, and Australia.

The award-winning Oanda platform combines sophisticated trading tools with powerful charting packages that include a wide selection of cutting-edge indicators and drawing tools, all powered by TradingView.

READ ALSO: US FOREX BROKERS WITH LOWEST SPREADS

READ ALSO: US FOREX BROKERS WITH INDICES

BEST FOREX BROKERS IN THE USA FOR BEGINNERS

As a beginner, trading the forex market might be scary due to the need to use the proper lot size and leverage after market structure analysis.

Above all other things to consider as a beginner in the forex market, choosing the proper broker is essential because it will save you time and money.

The best forex brokers in the USA for beginners are listed below according to the stockbroker forex website:

FeaturesIGFOREX.COMTD AMERITRADEINTERACTIVE BROKERS
TRUST SCORE99939894
Year founded1974199919551977
Publicly traded (listed)YESYESYESYES
BANKYESNOYESNO
TIER-1 LICENSES6456
TIER-2 LICENSES3000
TIER-3 LICENSES1100
EUROPEAN  UNION AUTHORISEDYESYESYESYES

BEST FOREX BROKER IN USA MT4

best forex broker in usa mt4

It is not ideal to pick a sing broker and name them the best forex broker in the USA with MT4; this is because traders have their preferences when choosing a broker.

Some brokers offer better spread than others, while some better swap fees, at the end of the day.

it is all based on the trader’s trading style, that being said there is a handful that fits into the best forex broker in the USA, especially for beginner traders.

Below are comparisons of the best forex brokers in the USA:

FEATUREIGFOREX.COMATC BROKERSOANDA
EUR/USD Avg. raw spread0.17_0.3_
GBP/USD Avg. raw spread0.59_0.6_
AUD/USD Avg. raw spread0.3_0.4_
EUR/USD Avg. raw spread0.861.30_1.1
EUR/USD Avg. raw spread____
Minimum deposit$450$100$3000$0
Swap-free account  ××
Commissions×$2 to $6$5$5
No funding fee× × 

WHAT BROKER SHOULD I USE FOR META TRADER 4 IN THE USA?

The trusted brokers in the USA are
·         IG
·         Forex.com
·         Oanda
·         ATC brokers
In this article, I have already mentioned why these brokers are the best to choose from, from their spread to their commissions.

IS META TRADER 4 ALLOWED IN THE USA?

Yes, Meta trader 4 is allowed in the USA. At the moment MT5 is not allowed in the USA only MT4 is.