4 Best Forex Brokers that allow Hedging in the USA
Last Update: July 23rd, 2024
The 4 Best Forex Brokers that allow Hedging in the USA – Rated and Reviewed. We have listed the Best Forex Brokers that offer Hedging accepting US Clients.
| Broker | Website | |
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| 🥇 |  | Visit Broker |
| 🥈 |  | Visit Broker |
| 🥉 |  | Visit Broker |
| 4 |  | Visit Broker |
| 5 |  | Visit Broker |
| 6 |  | Visit Broker |
| 7 |  | Visit Broker |
- The Best Forex Brokers that allow Hedging in the USA – a List
- Is Forex Hedging in the USA Legal?
- Is Forex Hedge Trading Profitable?
- The Best Forex Brokers for Beginners in the United States
- The Leading Forex Brokers that allow Scalping and Hedging
and much, MUCH more!
4 Best Forex Brokers that allow Hedging in the USA – a Comparison
| 🔎 Broker | 🚀 Open an Account | 💹 Allows Hedging | 💴 Min. Deposit |
| 🥇IG | 👉 Click Here | ✅Yes | 50 USD |
| 🥈Interactive Brokers | 👉 Click Here | ✅Yes | None |
| 🥉OANDA | 👉 Click Here | ✅Yes | None |
| 🏅eToro | 👉 Click Here | ✅Yes | 10 USD |
4 Best Forex Brokers that allow Hedging in the USA (2024)
- ☑️ IG -Overall, the Best Forex Broker that allows Hedging in the USA.
- ☑️ Interactive Brokers – Leading Broker Choice for Established US Traders.
- ☑️ OANDA – Popular Forex Broker for Beginners.
- ☑️ eToro – The Best Mobile trading experience.
IG
IG is a trusted and highly regulated Forex and CFD Brokerage that offers hedging via its web and mobile trading platforms. Traders can switch to Hedge Mode through the “Force Open” option.
IG accounts offered include an Options Trading Account and a Spread Betting Option. Moreover, additional Broker highlights include:
- 24/7 Multilingual Customer Support
- Spreads from 0.1 Pips
- Leverage of up to 1:222
- Access to Over 80 Currency Pairs
Trading instruments and Products include Forex, Indices, Share CFDs, Commodities, Cryptocurrencies, Futures, Options, Bonds, ETFs, Digital 100s, and, Interest rates.
| 🔎Broker | 🥇IG |
| 📈 Regulation and Licenses | FCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA |
| 📉 Ease of Use | 4/5 |
| 📊 Support Hours | 24/7 |
| 💻 Trading Platforms | MetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, FIX API |
| 💴 Base Currencies | USD |
| 📊 Spreads | From 0.1 pips DMA |
| 📌 Leverage | 1:222 (Pro), 1:30 (EU, UK, Retail) |
| 💸 Currency Pairs | 80+; major, minor, and exotic pairs |
| 💳 Minimum Deposit | From 50 USD (differs per region) |
| 🚫 Inactivity Fee | Yes, 12 USD after 2 years of inactivity |
| 📍 Website Languages | English |
| 💰 Fees and Commissions | Spreads from 0.1 pips, commissions from 0.10% |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Access to over 17,000 instruments across markets | Limitations on customer support hours |
| Investing opportunities for high-volume traders | Inactivity fees apply |
| Several advanced Trading platforms | IG is not available in all regions |
Our Insights
The Benefits of trading with IG include access to impressive educational resources and responsive customer support.
Interactive Brokers
IBKR is an excellent Broker choice for traders who wish to hedge their forex-related orders at a highly trusted and regulated multi-asset service provider. In addition, traders will have access to an impressive range of markets and instruments, allowing them to hedge directly or indirectly. Notable Factors and Features include:
- Multiple Global Regulations
- 24/5 Customer Support
- Several Desktop, Web, and, Mobile Platforms
- IBKR Lite and IBKR Pro Accounts
- Spreads from 0.6 Pips
- Leverage of up to 1:30
Trading instruments and Products include Forex, Stocks, ETFs, Options, Futures, Indices, Mutual funds, Cryptocurrencies, Metals, and, Bonds.
| 🔎 Broker | 🥇 Interactive Brokers |
| 💴 Min. Deposit | None |
| 💶 Inactivity Fee | None |
| 📈 Tradable Assets | Forex, Metals, Futures, ETFs |
| 🪙 Crypto Trading | ✅Yes |
| 📉 MT4 / MT5 | None |
| 📊 Proprietary Platforms | ✅Yes |
| 📲 Mobile App | ✅Yes |
| 🤝 Customer Support | 24/7 |
| ✏️ Education | ✅Yes |
| 📍 Account Types | IBKR Pro and Lite |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Low commissions and fees | Intimidating Platform |
| Excellent educational materials | Complex tiered pricing plans |
| Reliable trade execution | Lacking Customer Support |
Our Insights
The benefits of trading with Interactive Brokers include Low Commissions, reasonable Fees, and, excellent educational resources.
OANDA
OANDA is a well-regulated and established Forex and CFD Broker offering several account types with Hedging capabilities. License and Regulations in the USA include the CFTC and NFA. Moreover, additional Broker highlights include:
- MetaTrader 4 and MetaTrader 5 Availability
- Multiple Base currencies, including USD, EUR, HKD, and, SGD
- 24/5 Multilingual Customer Support
- Spreads from 0.1 Pips
- Leverage of up to 1:888
- Access to over 40 Currency Pairs
- An Affiliate Program
Trading instruments and Products include Forex, Indices, Commodities, Metals, Shares, Energies, and, Cryptocurrencies.
| 🔎 Broker | 🥇 OANDA |
| 💶 Minimum Deposit | None |
| 📌 Account Types | Standard, Elite Trader |
| 🆓 Demo Account | ✅Yes |
| 🎁 Bonus Offers | ✅Yes |
| ✏️ Education | ✅Yes |
| 📲 Mobile Trading | ✅Yes |
| 🖱️ Trading Platform | MetaTrader 4 |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Great trading platforms | Only FX and CFD available for most clients |
| Outstanding research tools | Lacking Customer Support |
| Low trading fees | Inactivity fee |
Our Insights
OANDA suits all Traders of all skill levels. Moreover, Beginners will benefit from excellent educational resources and several how-to guides.
eToro
eToro is a popular and highly trusted Forex services provider that offers Social Trading and Hedging access. License and Regulations in the USA include the NFA. Additional Broker highlights include:
- 24/5 Customer Support
- Spreads from 1 Pip (EUR/USD)
- Leverage of up to 1:400
- Access to over 50 Currency Pairs
- Commission Free Trading
Trading instruments and Products include Forex, Stocks, Crypto CFDs, Indices, Commodities, and, ETFs.
| 🔎 Broker | 🥇 eToro |
| 📈 Regulation and Licenses | CySEC, FCA, ASIC, FSA, NFA, FinCEN, FINRA, SIPC |
| 📉 Ease of Use | 5/5 |
| 📊 Support Hours | 24/5 |
| 💻 Trading Platforms | eToro platform |
| 💹 Account Types | Standard Retail Account |
| 💴 Base Currencies | USD |
| 🅰️ Spreads | From 1 pip EUR/USD |
| 🅱️ Leverage | 1:400 (eToro Seychelles Ltd) |
| 💶 Currency Pairs | 55; minor, major, exotic pairs |
| 💳 Minimum Deposit | From 10 USD (US) |
| 🚫 Inactivity Fee | 10 USD after 12 months of inactivity |
| 📌 Website Languages | English, Italian, German, etc. |
| 🤝 Affiliate Program | ✅Yes |
| 📉 Hedging | ✅Yes |
| 📊 Trading Instruments | Forex, stocks, crypto (physical), crypto CFDs, indices, commodities, ETFs |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Social trading | Withdrawal Fee |
| Low trading fees | Inactivity fee |
| Negative balance protection | Conversion fees |
| User-friendly Platform | Single base currency |
Our Insights
The Benefits of trading with eToro include access to Social Trading, Low Trading Fees, Negative Balance Protection, and an award-winning trading platform.
What is Hedge Trading in Forex?
Hedge Trading in Forex is a strategy investors use to protect their position in a currency pair from an unfavorable move. In layman’s terms – it involves opening multiple positions to offset potential losses.
There are two main strategies for hedging in Forex. The First option is to take a position opposite in the same currency pair. The Second strategy involves the use of Options.
In Conclusion
For US Clients interested in and focused on risk management when trading, hedging is an essential tool.
| Broker | Review | Regulators | Min Deposit | Website | |
|---|---|---|---|---|---|
| 🥇 |  | Read Review | ASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSA | USD 100 | Visit Broker |
| 🥈 | | Read Review | FSCA, IFSC, ASIC, CySEC, DFSA, FCA | USD 5 | Visit Broker |
| 🥉 | | Read Review | FCA, FSCA, FSC, CMA | USD 10 | Visit Broker |
| 4 | | Read Review | ASIC, BaFin, CMA, CySEC, DFSA, FCA, SCB | USD 200 | Visit Broker |
| 5 | | Read Review | FCA, CySEC, FSCA, SCB | USD 100 | Visit Broker |
| 6 | | Read Review | CySEC, MISA, FSCA | USD 25 | Visit Broker |
| 7 | | Read Review | CySEC, FCA, FSA, FSCA, Labuan FSA | USD 100 | Visit Broker |
| 8 |  | Read Review | CBCS, CySEC, FCA, FSA, FSC, FSCA, CMA | USD 10 | Visit Broker |
| 9 |  | Read Review | ASIC, CySEC, FSCA, CMA | USD 100 | Visit Broker |
| 10 |  | Read Review | IFSC, FSCA, ASIC, CySEC | USD 1 | Visit Broker |
Our Insights
While reviewing the Best Forex Brokers that offer Hedge Trading in the USA, we found 4 excellent options. Each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.
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Hedge Trading in Forex is a strategy investors use to protect their position in a currency pair from an unfavorable move.
Notable Factors and features to keep in mind include competitive spreads, suitable leverage options, and adherence to regulatory standards.
License and Regulations include the CFC and the NFA.
IBKR supports Scalping and Hedging.
A minimum deposit is not required upon registration.
A Demo Account with a large Virtual Balance is available.
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