As with Forex.com, Ally Invest offers a full 24/7 Telephone, chat, and email support coverage. Even though, international wire transfer and credit card are my two favorites for financial transactions with forex brokers, having Bitcoin as an option is a big plus. Bill for the farm? Funding - Wire Transfer (Banks in Europe), PayPal, Skrill, WebMoney, Perfect Money. The Broker does not offer any other trading platform which makes LMFX a MetaTrader 4 only broker. Forex.com again takes the lead in this round, with the broadest selection of high-quality platforms available. The complaints were mostly about System Availability and Fund Transfers. Have US and Cyprus governments made an agreement about it? Also, most surprisingly, I could not find any reference to Oanda in the FINRA or SIPC databases. However, we could not find any simple or clear explanation of the Margin account Interest Charges. Moreover, the MT5 platform allows the client to trade in the stock market too. Quite often, retail banks offer terrible deals for trading and investing compared to dedicated brokers, but this is not the case with Ally. In addition to PC desktop version, MetaTrader 4 for MAC, MetaTrader Web and MetaTrader Mobile are also provided by request. In the early 2010s, the number of offshore brokers accepting US clients was supposed to be over 100, but now it’s merely around 10. Ideal for scalping and high-volume trading. After the big US banks went bankrupt at the height of the financial crisis, watchdogs like CFTC and NFA decided to make amendment in Regulation to fill loopholes of Financial sector. The industry-leading Forex Trading Software is MetaTrader, and Forex.com offer MetaTrader 4. Those accounts are Premium Account, Zero Account and Fixed Account. For those seeking a great trading platform, ThinkorSwim might be the solution, but with only 24 Forex Pairs & high leverage costs, you might need to think twice. To trade Forex well, you need to have a profound understanding of Technical Analysis. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. We also use third-party cookies that help us analyze and understand how visitors use this website. The StockBrokers.com best online brokers 2020 review (10th annual) took six months to complete and produced over 30,000 words of research. 1:500 Leverage, < 1.0 Pips Spread, < 400 ms order execution time, Free Market Analysis. We develop high quality free & premium stock market training courses & have published multiple books. Are they used against Forex traders? Forex Brokers That Accept US Clients in 2020. If safety of your funds and reliability is your primary concern, then Forex.com is the best answer between the three forex brokers that accepts clients from the US. Usually, when a company is well established and large, it loses its competitive edge.