Best Commodity Futures Trading Commission (CFTC) Regulated Brokers 2025
We’ve personally tested and ranked the top brokers regulated by the US Commodity Futures Trading Commission (CFTC), ensuring high standards of trust and reliability.
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1Plus500 is a reputable broker that began operating in the US in 2021. It is accredited by the CFTC and NFA to provide futures trading on forex, indices, commodities, cryptocurrencies, and interest rates. The creation of an account on Plus500 takes only 10 minutes, and you need a minimum of $100 to start trading. Its user-friendly web platform makes it a strong choice for US traders.
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 NinjaTrader is a US-based brokerage regulated for trading futures. It offers three different pricing plans for varied needs and budgets, along with extremely low margins on popular contracts. The company's renowned charting software and trading platform provides extensive customization options and excellent technical analysis features. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.3 Interactive Brokers (IBKR) is a top brokerage firm offering access to 150 markets in 33 countries and a range of investment services. With 40 years in the field, this company listed on Nasdaq strictly follows the rules set by authorities such as the SEC, FCA, CIRO, and SFC. It's recognized as one of the most reliable brokers for global trading. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 Established in 1999, FOREX.com is part of StoneX, a global financial services company that serves over a million customers. It's regulated in the US, UK, EU, Australia, and other countries. The broker offers a wide range of markets beyond forex and provides competitive pricing on advanced platforms. -
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Trust Platform Assets Fees Accounts Research Education Mobile Support 4.5 OANDA is a well-known company that excels in quick trade executions, low deposit necessities, and impressive charting and trading platform functions. The highly-regarded brand has over 25 years of expertise and is overseen by reliable authorities like the NFA/CFTC. It provides 24/7 support for traders and offers flexible contract sizes with automated trade executions.
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Safety Comparison
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Mobile Trading Comparison
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Comparison for Beginners
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Comparison for Advanced Traders
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Accounts Comparison
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Detailed Rating Comparison
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Fee and Cost Comparison
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Broker Popularity
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Broker | Popularity |
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Interactive Brokers |
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NinjaTrader |
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FOREX.com |
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Why Trade With Plus500 US?
Plus500 US is an excellent choice for beginners, offering a user-friendly platform, low trading margins, and access to the Futures Academy to improve trading skills. Its strong tools and reliable service earned it second place in DayTrading.com's 'Best US Broker' award.
Pros
- The trading app offers an excellent user interface with an updated design, straightforward layout, and charts optimized for mobile use.
- Plus500 US stands out due to its affordable fees for trading. It offers competitive margins and does not charge for inactivity, live data, routing, or platform usage.
- The Futures Academy is a useful resource for beginner traders due to its captivating videos and simple articles. Its unrestricted demo account is also beneficial for practicing trading strategies.
Cons
- Plus500 US presently offers about 50 futures for trading, but currently does not provide stocks.
- The private trading platform is easy to use, but doesn't have the advanced analysis tools that platforms like MetaTrader 4 do.
- Testing showed fast response times for support, but phone aid is not available.
Why Trade With NinjaTrader?
NinjaTrader consistently satisfies active futures traders with its low-cost service and high-quality analysis tools. It offers superior charting features, including hundreds of indicators and over 10 chart types.
Pros
- NinjaTrader is a well-regarded and acclaimed futures broker, approved by the NFA and CFTC.
- NinjaTrader provides detailed charting software for active traders, complete with custom technical indicators and widgets.
- You can access thousands of applications and add-ons from developers worldwide for trading.
Cons
- The advanced trading tools require an additional fee.
- You need to register with partner brokers to trade in securities other than forex and futures.
- Some payment methods require a withdrawal fee.
Why Trade With Interactive Brokers?
Interactive Brokers is ideal for seasoned traders due to its robust charting platforms, updated data, and adaptability, especially with the IBKR Desktop application. Its exceptional pricing and advanced order features appeal to traders, and its variety of stocks remains unmatched in the market.
Pros
- IBKR offers exceptional access to global stocks, with thousands of equities available from over 100 market centers in 24 countries, including the recent addition of the Saudi Stock Exchange.
- IBKR, primarily designed for skilled traders, has expanded its appeal recently by eliminating its initial $10,000 deposit requirement.
- The new IBKR Desktop platform combines the advantages of TWS and adds unique tools like Option Lattice and Screeners with MultiSort to make trading accessible and impressive for traders of all levels.
Cons
- Only one active session per account is allowed, which means you can't run the desktop version and mobile app at the same time. This can sometimes lead to a frustrating trading experience.
- Customer service may take time to respond, and there may be delays in fixing problems based on tests. It could be difficult to reach the customer service promptly.
- TWS's platform may be difficult for beginners to grasp because of its complexity. Plus500's web platform, on the other hand, is more appropriate for those new to trading.
Why Trade With FOREX.com?
FOREX.com is a top-tier brokerage suitable for forex traders of all skill levels. It offers more than 80 currency pairs, has small spreads starting from 0.0 pips, and features low fees. The platform provides powerful charting tools that include over 100 technical indicators and multiple research aids.
Pros
- FOREX.com provides top-tier forex pricing beginning at 0.0 pips. They also offer competitive cashback rebates up to 15% for dedicated traders.
- FOREX.com has over 20 years of experience with strong regulatory oversight, and has received multiple awards, including second place in our 'Best Forex Broker' awards. As such, FOREX.com is globally reputed as a reliable trading brokerage.
- Numerous educational materials such as tutorials, webinars, and a comprehensive YouTube channel are available to assist you in learning about the financial markets.
Cons
- Demo accounts have a limited time duration of 90 days, which may not be sufficient for thoroughly testing trading strategies.
- US clients do not have negative balance protection, so you can potentially owe more than your original account deposit.
- FOREX.com's MT4 platform provides around 600 instruments for trading, which is considerably less than the 5,500+ options accessible on its other platforms.
Why Trade With OANDA US?
OANDA is a reputable broker for US traders. It offers user-friendly tools for analysis and a simple sign-up process. It is very trustworthy due to heavy regulation.
Pros
- There's a robust selection of 68 currency pairs for committed forex traders focusing on short-term trades.
- Traders can experience quick and dependable order execution.
- The broker provides clear pricing without any concealed fees.
Cons
- Few payment options are available and e-wallets are not supported.
- The trading markets are limited to only forex and cryptocurrencies.
- Customer support is not accessible during weekends.
Filters
Choosing a Broker in the US for Trading Futures and Options
If you’re an active trader in the US interested in trading futures and options, it’s important to select a broker regulated by the Commodity Futures Trading Commission (CFTC). This regulation helps protect your money.
The CFTC is highly respected for its rigorous standards and strictly oversees financial activities, earning high trust ratings on platforms like brokerlistings.com.
How to Verify Your Broker’s CFTC Regulation Status
Checking if your broker is regulated by the CFTC is crucial to ensure legitimacy. Here’s an easy guide, using OANDA US as an example:
Step 1 – Visit the NFA Website
Go to the NFA BASIC website, which lists registered entities overseen by the CFTC.
Step 2 – Search for the Broker
Enter the broker’s name or NFA ID number. Use the exact name as it appears on the broker’s website or materials.
Step 3 – Verify Registration Details
Check the broker’s registration status. They might be listed as:
- Futures Commission Merchant (FCM)
- Introducing Broker (IB)
- Swap Dealer (SD)
Ensure their details confirm CFTC approval, like OANDA’s registration with NFA ID 0325821, showing they meet US trading standards.
Step 4 – Confirm Active Registration
Make sure the broker’s registration is active and not suspended or revoked.
Step 5 – Review Disciplinary History
Look for any disciplinary actions or violations linked to the broker.
Step 6 – Check the Broker’s Website Claims
Brokers often display their NFA ID and regulation details on their websites. Always verify these independently on the NFA website.
If you have questions about a broker’s status, contact the CFTC or NFA directly:
- CFTC: www.cftc.gov
- NFA: www.nfa.futures.org
Understanding the Commodity Futures Trading Commission (CFTC)
The CFTC is a US government agency responsible for overseeing derivatives markets, which include futures, options, and swaps. These markets are crucial for various industries by helping manage risks and determine prices.
Key goals of the CFTC include:
- Ensuring Market Integrity: They enforce laws to keep markets fair and trustworthy, free from fraud and manipulation.
- Protecting Participants: Safeguarding traders, especially less experienced ones, from fraud and bad practices.
- Promoting Financial Stability: Monitoring markets to prevent issues from impacting the wider economy.
- Encouraging Innovation: Adjusting regulations to manage new technologies and products, like cryptocurrencies.
- Promoting Transparency: They require detailed reporting for market clarity and informed decisions.
- Enforcing Compliance: Regular audits and cooperation with global regulators ensure standardization.
CFTC’s Accountability
The CFTC is an independent body within the US government but answers to Congress and the President:
- Congress: Oversees the CFTC’s activities, controls its funding, and demands regular updates on its performance.
- The President: Appoints CFTC Commissioners and can influence the agency’s direction via policy alignment.
Rules for CFTC-Regulated Brokers
Brokers under the CFTC’s watch must follow strict rules to maintain market integrity and protect traders:
- Registration: Must be registered with the CFTC and NFA.
- Segregation of Funds: Client money must be separate from business funds to protect your deposits.
- Capital Requirements: Maintain minimum financial reserves for stability.
- Attention to Clients: Trades must be executed promptly and fairly.
- Prohibition of Fraud: Brokers cannot participate in deceitful activities.
- Enforcement Actions: Non-compliance can lead to fines and other penalties.
The CFTC’s Enforcement Power
The CFTC has strong authority to enforce rules and keep US markets trustworthy:
- Heavy Fines: Can impose large fines for rule violations, like deceptive trading practices.
- Investigative Authority: Can investigate and uncover misconduct.
- Civil and Criminal Cases: Collaborates with other agencies like the DOJ to address major violations.
- Whistleblower Program: Offers rewards for reporting misconduct.
The CFTC sometimes struggles with resource limitations as market sectors like cryptocurrency grow, but it remains a key player in market regulation alongside agencies like the SEC.
Conclusion
While the CFTC faces challenges in adapting to fast-evolving markets, its commitment to enforcing rules and protecting traders remains strong. Although regulation provides safeguards, it’s crucial to understand the intrinsic risks involved in trading derivatives in the US. To begin, explore brokerlistings.com’s list of top CFTC-regulated brokers.