NFA / CFTC: National Futures Association and Commodity Futures Trading Commission
United States · Tier 1
About NFA / CFTC
Retail forex dealers in the US must register with the CFTC and be NFA members. US rules are among the strictest: leverage is capped at 50:1 on major pairs, CFDs are banned for retail clients, and dealers must hold at least $20 million in net capital.