CFTC Forex Brokers

Commodity Futures Trading Commission or CFTC together with NFA are two interdependent regulatory organizations that supervise US derivatives markets as well as Online Trading in the US. The CFTC’s mission is to establish market integrity to protect investors from abusive trading practices and fraud.

CFTC Forex Trading Platform

Forex Trading Market is legal in the US, therefore is subject to strict compliance regulations by CFTC, ensuring that all activities meet legal requirements and stay under close supervision.

• CFTC-regulated Brokers and Platforms must adhere to stringent requirements, offering unparalleled funds security backed by the assurance of US banks.
• СFTС also cooperates with foreign regulators, such as UK’s Financial Conduct Authority (FCA) and others to protect clients from offshore or unregulated brokers.
• For further information read CFTC Wikipedia article or check out our US Brokers article and NFA Brokers List. 

US CFTC Forex Regulation

CFTC protects traders from any fraudulent or manipulative activities related to commodity and financial futures. It also ensures that all markets are fair, open, and financially sound for everyone involved.

Check CFTC official website – www.cftc.gov, also follow them on Twitter @CFTC for important updates

The CFTC introduces a number of guidelines to follow in order to be an officially licensed broker, as registration is mandatory in the US for each broker. See below some points we advise you to consider:

• In order to legally operate in the US, all brokers need to be regulated by the CFTC as well as become members of the National Futures Association (NFA)
• CFTC Regulated Forex Brokers are considered to be among the most reliable companies to invest with, as the implemented objectives put regulated companies above general offerings in terms of regulations and credibility.
• Brokers are highly accountable, with a good standing feature of a net capital level that covers the liabilities and protects investors by any means.
• However, CFTC applies restrictions to some practices and to retail traders too, lowering leverage to a maximum of 1:50 and restricting hedging strategy. 
• CFTC imposes strict rules preventing international brokers from operating for USA nation without being supervised and regulated by US regulatory agencies. Hence, many scam brokers will try to allure US traders with appealing opportunities, which is in fact forbidden
• We sharply recommend checking FX brokers for regulation before engaging in any sort of trade and being aware of scammers for your safety.

Top 5 Best Forex Brokers CFTC

Our financial experts have selected a list of CFTC Regulated Brokers with good trading conditions operating under CFTC licenses in the US (the number of which is quite limited due to regulations) and can accept US traders and clients:

• OANDA – Best Overall CFTC Broker  2024
• Interactive Brokers – Best Lowest Spread CFTC Broker 2024
• Forex.com – Best MT4 Broker with CFTC Regulation 2024
• IG – Best CFTC Broker for Beginners 2024
• Nadex – Best for US Binary Options CFTC Broker 2024

What is the difference between SEC and CFTC?

Founded by separate legislation, the SEC and CFTC have distinct duties that they fulfill through varied approaches. Fundamentally, the SEC oversees securities activities while its counterpart monitors derivatives markets.

How Do You Check if a Broker is CFTC Regulated?

You can easily verify Broker’s CFTC Regulation through the NFA online verification system called “BASIC” where the status can be verified using their NFA ID, firm name, or other identifying criteria.

Who are Binary Options brokers who are regulated by the CFTC?

Binary options are legal and available to trade in the U.S. but they must be traded on a regulated U.S. exchange. There are currently only three regulated CFTC brokers offering binary options in the U.S.: Cantor Exchange, LP; Chicago Mercantile Exchange, Inc. (CME); and the North American Derivatives Exchange, Inc. (NADEX).

What markets does the CFTC regulate?

List of Brokers with CFTC Regulation

This is the full list of brokers regulated by CFTC reviewed and verified by our experts:

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