The foreign exchange is a fast-paced and exciting place that is more active as compared to any other financial market across the whole world. It’s where fortunes are made within a matter of seconds, and it's responsible for a staggering five trillion US dollars swapping hands daily. If you want to get started with foreign exchange (also known as Forex market) investing or trading in the US, then you need to find the best forex broker to work with. That’s why we have come up with this article that contains the top 5 US Forex brokers in 2023. 1. eToro, 2. OANDA, 3. Interactive Brokers, 4. IG Markets, 5. TD Ameritrade, We’ve compiled this list after comprehensive research and made sure that each broker offers the following:To get more news about best us forex brokers, you can visit wikifx.com official website.

eToro is one of the top international brokers offering a wide range of services for the U.S. clients. One of the key benefits of the broker is the world’s largest social trading platform that allows users to study the experience of successful traders and automatically copy their trades.

eToro provides access to trading U.S. stocks and ETFs at zero fees, while in the Forex market, the broker offers narrow spreads and around 50 top currency pairs for trading. eToro is an excellent chose for those who like to trade cryptocurrencies, offering more than 70 of them.

eToro is a company licensed by many respectable regulatory authorities, including in the UK, Cyprus and Australia. In the U.S., the broker is regulated by the SEC and FINRA.
OANDA is a Forex broker with over 19 years of experience in the Forex market. It is registered in the USA. It provides its clients with a fairly wide range of financial services in almost all countries of the world. OANDA clients have the opportunity to trade with a broad range of financial products at the Forex in the US and Japan; Forex and CFDs (contracts for difference) in Canada, UK, EMEA, APAC, and Australia. OANDA’s platform offers exceptional execution with sophisticated trading tools and advanced charting packages with an extensive range of leading-edge indicators and drawing tools powered by TradingView.

The company was founded in 1996 and is currently regulated in four jurisdictions. The main regulator of the broker is the UK Financial Conduct Authority (FCA). The company has several significant awards to its credit, including a victory in the category "Best Forex Trading Technologies" from the UK Forex Awards, "Best Trading Platform" from FX Week, as well as "Best Customer Service" from the US Foreign Exchange Report.
In general, OANDA has medium commissions in the CIS market, which may vary depending on the trading instrument used. An important advantage is the absence of a commission when funds are withdrawn to debit cards. However, while withdrawing to a credit card more than once a month, the commission is from $15 for each transaction. Withdrawals via the PayPal payment system are possible in US dollars, euros, and British pounds only.

Interactive Brokers is one of the most famous investment companies in the USA, which has been providing its services since 1977. The company uses an integrated approach to work, providing users with the widest range of services at all stages of cooperation — from opening an account to withdrawing earned funds.

Interactive Brokers supports over 300 different trading instruments, including stocks, metals, and commodity assets so traders get an excellent opportunity to implement a wide variety of strategies. Another advantage is it has modern trading platforms for personal computers and mobile devices.

Interactive Brokers provides high-quality services and effective Forex services. At the same time, the company is constantly working on improving the technologies it already has in use. The company is regulated by the US Securities and Exchange Commission (SEC), the US Financial Industry Regulatory Authority (FINRA), the UK Financial Regulatory Authority (FCA), and other international financial regulation commissions. Just in 2023, the broker was awarded the "Best Online Broker” (Barron's) and the "Best Broker for Economical Investments" (NerdWallet) titles and got five stars in the Online Stock Trading for Traders category (Canstar).
In general, the level of commission at Interactive Brokers is directly related to the specifics of the trading instrument. The broker charges a fee for withdrawing funds, while the payment system can also charge the client a commission, which gives an advantage to the company's competitors who bear the costs of this operation.