There are no noteworthy reasons why an average retail investor from Europe, or anywhere else, would be interested in opening a forex trading account with a US forex broker. Unfortunately, that means dealing with all of the leverage, hedging and FIFO restrictions. Therefore, they look for offshore brokers which do accept US clients.

There are a few offshore brokers who are willing to provide forex trading services to US traders. These are the four US regulated Forex brokers accepting US clients: Forex. com, Oanda, IG US and ATC brokers. com is a registered FCM and RFED with the CFTC and member of the National Futures Association NFA OANDA Corporation is a registered Retail Foreign Exchange Dealer RFED with the U.

Please refer to the OANDA Corporation Risk Disclaimer for details. IG is a trading name of IG US LLC a company registered in Delaware under number Business address, West Jackson Blvd.

IG is a registered RFED and IB with the Commodities Futures Trading Commission and member of the National Futures Association NFA ID ATC BROKERS US is a member of the National Futures Association NFA and is a registered introducing broker with the Commodity Futures Trading Commission CFTC. In most of the world, leveraged forex trading and contracts for difference are often regulated under the same legislation and offered together by brokers.

However, CFDs are not allowed to be sold to retail investors in the United States. Any overseas broker selling CFDs to a US citizen would be violating federal laws and may be prosecuted by the SEC. Because of the considerable risk involved in cooperating with US forex traders, many firms keep their distance. There are two primary organizations in the United States which are responsible for regulating and overseeing the forex market. However, there are even more organizations for regulating other financial products and trading instruments in the US.

Most countries only have one national competent authority to report to. The Securities and Exchange Commissions is a federal government agency. The SEC is responsible for regulating securities in the US and the exchanges where they are traded [1]. According to the Securities Exchange Act of , the SEC is also responsible for overseeing the self-regulatory organization SROs.

US brokers must register with the CFTC Commodity Futures Trading Commission , which is a federal regulatory agency and become a member of the NFA National Futures Association , which is an SRO [2]. Collectively, the CFTC and the NFA are responsible for regulating Forex brokers accepting US clients, and those two agencies are governed and empowered by the SEC.

As forex trading currency pairs are not considered as securities, and they are not necessarily traded on exchange venues, the SEC does not have immediate jurisdiction over those markets [3]. Forex brokers operating in the US are required to follow a number of very specific rules in terms of how the products are structured, which differ significantly from other countries, such as the UK, Australia, Europe and others.

These rules originate from the legendary Dodd-Frank Wall Street Reform and Consumer Protection Act. Although most financial regulators around the world have reviewed their stance on leverage, at the time, the US was one of the only countries which imposed strict limits on how much leverage brokers can give to traders.

According to a rule implemented by the NFA in , retail forex brokers must not allow their clients to hedge trades, which means they may not have long and short positions held concurrently.

In addition, if a trader chooses to have more than one position of the same currency pair, they cannot choose which position to close first, they are closed according to a First-in First-out rule [5]. Forex brokers regulated in the United States are required to follow very intensive capital requirements. The regulations were so burdensome that brokers ultimately gave up on the idea of providing brokerage services in the US. In , prior to dramatic regulatory reform, there were 52 retail forex brokers [8].

As of December , there are just four retail brokers registered in the USA Forex. com, Oanda, IG US and ATC brokers [9].

Currently in , there are 4 Forex brokers accepting US Clients that are regulated within the United States. Forex brokers that operate offshore that accept US traders are:. A portion of the Sign up links to brokers websites are affiliate links.

After downloading the MT5 platform on your PC, move your cursor to the top left corner of the MT5, you will find an Icon directly under the file button hover your cursor and you will see create a new chart and you will see the index you want to add.

RELATED: TOP SECRET ON HOW TO TRADE BOOM AND CRASH. There are a thousand and one ways to trade the volatility 75 index, that being said there is no one strategy because at every time frame the V75 is respecting the market structure.

One thing that does matter is that the V75 index respect the market structure formed and this is the kind of V75 strategy you want to have for consistency in profit. One essential volatility 75 index strategy is chart pattern. Chart patterns are a part of market structure and are formed every day on V75 index across all timeframes, this pattern can be a continuation or reversal pattern and the market effectively responds to these patterns since it cannot be affected by global events. However, some volatility indices are more volatile than others, so you must evaluate your account size and how much you are ready to risk per trade when deciding on the best volatility to trade.

Proper market analysis will filter out ranging volatility indices and focus your attention on trending volatility indices, allowing you to join in the trend continuation by putting into consideration chart pattern analysis market structure. I am going to make this real simple for you. Many beginners trading the V75 index always make the mistake of looking for the best indicator for volatility 75 index, what they actually need to learn is market structure and analysis, trust me I have been there, and the search for the best indicator for volatility 75 Index is an endless circle that will lead to nothing.

Indicators on their own are lagging unless you apply market structure, then it will become clear. To crown this all up, what you should be searching for is how to trade forex with market structure. To properly analyze volatility 75 index, you should have knowledge of market structure to identify support and resistance zone, reversal and retracement zones, how to use the Fibonacci tool, trend lines, and to identify chart patterns when you see one.

And of course top-down analysis on time frames. Know this and you will do a proper analysis on the V75 index. Adding boom and crash is as easy as adding any other index on MT5 and I have explained with a screenshot in this article above feel free to read through to see how to add boom and crash on MT5. Volatility 75 is a synthetic index designed by Binary.

com Deriv therefore at the moment of writing this article; they remain the only broker that offers the Volatility 75 index. I have been using Deriv Binary. com for years now to trade V75 and they are very efficient.

The article just above this one talks about where you can trade V75; you can trade the V75 index on Deriv Binary. Yes MT5 has a large range of trading instruments including the volatility 75 index. With MT5 you can trade the currency market, synthetic market, and even Cryptocurrency.

Volatility 75 is a synthetic indices designed by binary.

The recent global economic uncertainty has meant unprecedented volatility in the forex markets. For a good forex trader, volatility equals opportunity. Due to US regulations, Americans who wish to trade forex have fewer options than international forex traders, but there are still some great forex brokers accepting US clients.

This chart summarizes and compares account details of the best forex brokers for US clients. Please read on for my detailed reviews. com offers the most complex trading tools on the simplest trading platforms in addition to its outstanding analytical and educational resources.

A customer service department that can get bogged down if account issues arise is the only thing keeping Forex. com from a perfect score. com manages to do something that most brokers cannot—they keep things simple but still offer all the complex trading tools you might need. Their trading platform and their mobile app are both packed with charting tools, drawing tools, and a ton of market analysis. But despite all that and more, Forex. com keeps its platforms accessible to even the most inexperienced traders.

Thanks to the wide range of options, every forex trader will feel like Forex. com designed their platforms specifically for them. com also differentiates itself from other forex brokers through proprietary algorithms and analytics.

Their SMART signals algorithm uses historical prices to find trading opportunities and even breaks down the success rates of traders who traded off the identified signals. If you prefer humans to algorithms, Forex. com analysts are constantly updating forecasts and opinions.

In addition to their in-house experts, traders also have access to Trading Central and all of its insights and analytics. Indeed, it seems like Forex. com has spared no expense in keeping its traders educated and up to date. If you are a trader who is a little lacking in inspiration and needs help finding trading ideas and opportunities, Forex. com would be a great broker for you. When you sign up with Forex. com, you can choose a cost structure that is best suited for your trading style.

High-frequency traders, for example, can opt for a program that issues rebates for every trade made. In addition to our friends at the CFTC and the NFA, Forex. com is owned by StoneX Group, which is traded on the NASDAQ, so you can add the SEC as another watchful eye making sure your money is safe.

If you like to trade more than just forex, Forex. com, despite the name, also offers futures and options, plus gold and silver, in addition to more than 80 currency pairs. com to be your broker, you should take advantage of their great educational resources. For beginners, the two-hour live introduction course they offer is not to be missed.

The main knock against Forex. com is its customer service department. Like any other highly regulated forex broker, Forex. com must abide by KYC Know Your Client protocols, which require them to verify the identity of traders both at the time of sign-up and sometimes also after withdrawal requests. However, if there is any sort of hiccup, it can mean substantial delays in opening an account or withdrawing your money. This is when the customer service department comes in. If, for whatever reason, your account opening or a withdrawal gets flagged, Forex.

com can struggle to get everything back on track. extremely frustrating. My general rule is this: if the account-opening process goes smoothly for you, withdrawals will probably be just as simple, so enjoy the impressive services offered by Forex. com is an incredibly secure broker with an outstanding trading platform and a great mobile app. For traders of any experience level, Forex. com is a great choice to help you make the type of informed, intelligent trades that can make you a profitable forex trader.

For high-frequency traders, IG is a great option to keep your trading costs low without sacrificing security or trader resources. IG is known as one of the safest brokers in the world. Rest assured, your money will be safe with IG. Heavy regulation can mean hefty compliance expenses, but IG manages to keep their overall trading costs very low.

Maybe not by a lot, but in forex trading, every pip counts. IG offers over 80 currency pairs to US traders, so even if you like trading exotic pairs, IG has you covered.

com, IG has more than enough for even the most dedicated technical analyst. At any given time, you can see exactly what percentage of other IG traders are long or short on any currency pair. IG also uses the client sentiment data to help you with trade ideas. If not, then by all means, go with IG. But for me personally, Forex.

com offers more capabilities and is a much more simple, pleasing platform. com offers. As much as I like the educational resources offered by IG, it bothers me that they are not fully integrated with the mobile app. If I want a quick refresher on something, I have to exit the IG app and look it up on the Trader Academy app.

The most impressive thing about OANDA is their mobile trading app. OANDA offers its traders all the necessary tools in a clean, simple interface that makes forex trading seem easy.

Every screen is simple but loaded with information and options. I particularly like the charting options. You can access them from the homescreen, which always displays the chart of your favorite currency pair.

You could probably say that about any of the trading apps these days, but what sets OANDA apart is its incredible options for customization. You can take this app and shape it into exactly the trading tool you need. Just by way of example—some charting options come with 19 color choices. OANDA gives you the ability to shape that platform however you like. Getting in and out of position is incredibly easy, with a clearly disclosed spread, so you know exactly how much the trade is costing you.

Where most of the other forex brokers have difficulty, OANDA excels. Despite their reputation as sort of a new kid on the block, which comes largely from their willingness to innovate, OANDA has been around for more than 25 years and is regulated in the US by the NFA and CFTC, and in the UK, Japan and several other countries.

They are extremely trustworthy and secure. I counted 68 pairs that you can trade, which should be more than enough for most traders, but if you love trading exotic pairs, other brokers offer 80 or more pairs. If you plan on doing most of your forex trading while on the go, then OANDA is your best choice. The OANDA trading app is outstanding. Interactive Brokers is one of the best known brokers in the world.

Forex might not be their chief focus, but they offer great spreads and comprehensive, albeit complex, trading and charting options. Interactive Brokers is cheap. Most traders I know who use Interactive Brokers do so for one reason: pricing.

They offer more trading options than just about anyone, including market-if-touched orders, limit-if-touched orders, and more. Another good reason to use Interactive Brokers is that they are one of the most trusted brokerages in the world. According to their own statistics, they have nearly two million traders in more than countries. Interactive Brokers also uses at least a little bit of their capital to fund a pretty comprehensive trader education program called IBKR Trading Academy. Like a lot of the larger forex brokers, it can be easy to get lost in the shuffle with Interactive Brokers.

Initial dealings with customer service are pleasant and productive, but should you require more detailed help, like if your withdrawal runs into KYC protocol issues, you can be in for a lengthy runaround. This seems to be the case with most of the brokers this size, but Interactive Brokers has more than their share of customer service complaints. Interactive Brokers also offers access to a number of financial markets.

This is anecdotal evidence to be sure, but if you go through their list of educational resources in the Trading Academy, they list forex trading below 39 by my count other subjects—just after their courses on municipal bonds. A lot of Interactive Brokers software is designed more for professional traders, and I mean professional professionals.

They offer several platform alternatives, however, so you should be able to find a platform suitable for your trading abilities.

Other benefits of offshore brokers that N1CM offers are frequent sign-up bonuses. N1CM also features very competitive spreads, in part because as an offshore broker their administrative costs are significantly lower than a regulated broker that has to deal with the significant costs of proving compliance to any number of regulatory agencies. I also like N1CM for their integrity. The question is, do you really need that much leverage?

Do you need to trade CFDs? CFDs are very popular in Europe, but typically more than two thirds of all retail CFD accounts lose money. And leverage can work against you as easily as it can work for you. That means slower execution speeds and a little more slippage.

You may notice that a lot of the pros I listed above are theoretical. According to their own statistics, they have nearly two million traders in more than countries. Easily customizable, IG offers users the option to create and save preferred layouts, as well as create custom watchlists. This enables us to keep creating helpful forex trading content for our readers for free. US forex traders also pay no commission when trading on a standard account. Likewise, as retail investing increases in popularity, unethical individuals may attempt to profit illegally by posing as legitimate trading platforms or investment advisors. These rules originate from the legendary Dodd-Frank Wall Street Reform and Consumer Protection Act.

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