Best US Forex Brokers of 2025

Trading platforms: tastyfx offers access to MetaTrader4 and ProRealTime, which are two platforms well suited to traders who rely on structured charting workflows or want to automate parts of their process. ProRealTime, in particular, remains one of the stronger desktop charting environments available to U.S. traders, with reliable order handling and a layout that supports detailed technical analysis. tastyfx also benefits from IG’s liquidity relationships and routing framework, allowing it to process larger orders without unnecessary slippage, which matters for traders who scale positions or work in fast-moving markets.

Trading fees: Spreads remain competitive across major and minor pairs, and traders can supplement their analysis with third-party signals from AutoChartist and PIA First, which are tools that add structure to trade planning without dictating strategy. Research produced across IG’s global network continues to inform the tastyfx experience, giving traders access to market commentary that is generally timely and practical.

Tastyfx web platform in fullscreen layout with watchlist signals news positions charts and news headlines in view.

Steven's take:

"I’ve found tastyfx to be a straightforward platform that still has enough depth for serious traders. The layout makes it easy to stay oriented, and the execution quality reflects IG’s scale behind the scenes."

Steven Hatzakis

The platform environment is clean and navigable, and U.S. clients operate under CFTC and NFA oversight, rules that shape leverage, disclosures, and capital standards. For traders who want a stable, well-built forex workflow backed by a publicly traded parent with extensive regulatory coverage, tastyfx offers one of the most complete U.S.-available packages.

Trading fees and execution: What distinguishes IBKR in forex is its execution framework. Instead of marking up spreads, IBKR aggregates pricing from a large group of interbank dealers and charges a commission per trade. The result is transparency: spreads often remain tight, and costs are tied directly to trading volume. This structure particularly benefits traders who routinely work with standard-lot order sizes or who have strategies that demand precise fills. High-volume traders can also qualify for reduced minimum commissions, a meaningful factor for those running systematic or intraday approaches that generate frequent tickets.

Research and analysis: IBKR’s platforms integrate headlines from major newswires, economic calendars, and a broad library of third-party services. The Traders’ Insight blog and additional in-house content add context during active market periods, while premium providers fill in the specialized analysis that many advanced traders rely on. The breadth can be overwhelming at first, but it gives experienced traders the ability to shape their information flow rather than work around preset defaults.

An example of the daily analysis and research to be found on the Traders Insights blog. Featured here is an article from Darren Chu describing USDJPY Bull Flag pattern analysis.

IBKR is not designed to simplify forex trading; it’s designed to give knowledgeable traders the tools, data, and routing control needed to execute sophisticated strategies. For those who prefer depth over ease, its platform suite remains one of the most capable options available to U.S. residents who qualify for forex access.

Trading platforms: FOREX.com’s Advanced Trading desktop platform and Web Trading platform give traders two clear paths: a more configurable, tool-heavy environment for active users, and a simpler browser-based experience for those who prefer clean navigation. Both are powered by strong charting, with TradingView integration providing familiar layouts, multiple timeframes, and a wide range of indicators. MetaTrader 4 and MetaTrader 5 remain available for traders who prefer that ecosystem, which is helpful if you already have templates or EAs you rely on. Performance analytics, built from the Chasing Returns acquisition, add another layer by surfacing patterns in your own behavior rather than just market data.

Research and education: Education is where FOREX.com earns its spot in this guide. The Trading Academy, along with written content and video series, gives traders a detailed, modular way to build skills over time. Courses are organized by experience level, and the combination of interactive lessons, quizzes, and regular video updates makes it easier to connect platform features with real market situations.

An example of a beginner-level educational course on FOREX.com, including an accompanying video.

Schwab’s broader ecosystem matters here, too. Support staff are generally knowledgeable across markets, and the firm’s extensive research and education, while not forex-specific, gives traders a steady stream of market context. The trade-off is that forex access is limited to thinkorswim and comes with a 10,000-unit minimum trade size, which won’t suit everyone. For platform-focused traders who want forex inside a larger brokerage relationship, Schwab is a sensible fit.

Costs are the main consideration. Standard spreads tend to run higher than the industry average. Traders who deposit at least $10,000 can access OANDA’s Core Pricing, which lowers spreads but adds a per-side commission. For heavier traders, the Elite Trader program adds further rebates. For those who prioritize research quality and usability over the lowest spreads, OANDA remains a practical option.