US BROKERS

[Alan Northam]

Oanda.com: Oanda offers MT4. Oanda does not offer much historical data for backtesting and 10 demo accounts and 10 live accounts. Demo accounts do not expire.

IG.com: IG offers MT4. IG does not offer much historical data for backtesting and 3 demo accounts and 3 live accounts. Demo accounts do not expire. IG forex charts have an extension of .FX for U.S. clients. For example EURUSD.FX Both EURUSD and EURUSD.FX show up in the Watch List so make sure you chose EURUSD.FX or trading EA’s will not work. IG.com is not available in Ohio!

Forex.com: Forex.com offers MT4 or MT5. Forex.com offers the sufficient historical data for backtesting less than 2 years for M1, M5, and M15. Forex.com offers 3 demo accounts and 3 live accounts. Demo accounts expire after 90 days if not being used. Demo accounts block the use of Expert Advisors.

Trading.com: Trading.com offers MT5. Trading.com offers the the most historical data for backtesting. Trading.com offers 1 demo account and 4 live accounts. Additional demo accounts can be obtained upon request. Demo accounts never expire.

[aaronpriest]

Wow, I used to use EAs on Forex.com all the time with demos for testing years ago, sad to hear they are banning that now. Didn’t someone say they were offering MT5 accounts for US citizens now? Last I heard they still had no plans to do so, but I haven’t confirmed that recently. Trading.com is probably the best broker for US clients, the others are pathetic brokers.

[Alan Northam]

Yes Forex. com does offer MT5.  When I apply for an additional live trading account it asks me to choose between MT4 or MT5.  Thanks for reminding me.  I need to add that to my post above.

[Author]

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