The National Futures Association (NFA) is among the best-known national regulatory authorities worldwide due to the strict oversight it has over many U.S. financial firms. The NFA acts as the primary regulatory authority in the United States and is responsible for overseeing online forex brokers alongside the Commodity Futures Trading Commission (CFTC).To get more news about nfa regulated forex brokers, you can visit wikifx.com official website.

Selecting the right broker and trading platform for currencies can impact your potential for profit, so consider your needs and choose wisely from our roundup of NFA-approved brokers.
The list of NFA regulated brokers varies from month to month, so we’ve compiled a current list of some of the best forex broker options also overseen by that association. Each of these preferred brokers has enjoyed a relatively stable and favorable regulatory history with the NFA.
1. FOREX.com
FOREX.com is backed by Gain Capital and is the largest online forex broker for U.S.-based traders.

It’s regulated by the CFTC and NFA in addition to numerous other regulatory agencies around the world. This broker offers an execution service in several major currency pairs at its maximum leverage ratio of 50:1.

You can get started live trading with just a $50 minimum deposit or you can open a demo account with virtual money.

The broker also features competitive pricing, excellent customer service and powerful trading platforms for traders of all experience levels.
2. IG Markets
Switch to IG and enjoy spreads from 0.8 pips on EUR/USD and USD/JPY.

You can get started in less than 5 minutes. Simply fill out a form where you'll be asked about your trading experience. Then you get an instant online verification of your identity. From there, you can fund your account and trade. Withdraw money easily and whenever you'd like.
3. Interactive Brokers
Interactive Brokers appeals to more advanced high-volume traders who wish to trade many international markets other than just forex.

It offers some of the best commissions among online brokers, starting at the greater of 0.20 basis points multiplied by the trade value and $2 for monthly trade volumes up to $1 million. If you trade more, you can get even better commissions.

Interactive Brokers also has several trading platforms, including its FX Trader platform designed specifically for trading currencies.
4. TD Ameritrade
TD Ameritrade benefits from oversight by the NFA and CFTC and offers excellent trading platforms for desktop, web and mobile devices. TD Ameritrade also offers excellent research and market analysis.

You can trade more than 70 different currency pairs via its excellent thinkorswim trading platform that offers especially good currency tracking and analysis tools, including hundreds of indicators for your charts.
The NFA was one of the first financial watchdog agencies to impose tight restrictions on forex trading in an attempt to protect U.S.-based retail traders from suffering excessive losses.

Clients who trade through NFA-regulated forex brokers are currently subject to a number of notable limitations that include keeping leverage ratios at or below 50:1 on major currency transactions with an even lower leverage ratio limit of 30:1 for exotic currency pairs. Orders placed by the clients of these brokers must also be liquidated according to the first-in, first-out (FIFO) rule. The practice of hedging positions by simultaneously having open but offsetting positions in a currency pair is also prohibited.

Forex brokers need to have a minimum of $20 million in order to protect client funds. Brokers also need to make a report to the NFA each week on the balances clients have, which is published on its website.

Online forex brokers must fulfill all regulatory requirements and must continue good performance with respect to its clients. Too many client complaints can result in the withdrawal of this approval.