Leverage is the best trading tool and the most misunderstood. Many market participants, including professional ones and regulators, mistakenly associate it with high risk. We have researched hundreds of brokers to find the best high leverage Forex brokers, which offer clients a competitive edge.
High leverage serves a rather specific need in Forex trading. Here is the list of reasons for you to open account with broker offering 1:1000 or higher leverage:
- You need to open big positions with small balance size.
- You need to open a large number of smaller trades that sometimes have to be on concurrently.
- You are using tight stop-loss with prudent risk management — your risk tolerance would allow you to open bigger positions unless limited by the margin requirement due to the broker’s low leverage.
- You are copying trades or following signals of a strategy that requires high account leverage.
Best High Leverage Brokers Reviewed
It is important to note that regulated forex brokers can only offer certain leverage limits to traders – which are based on the individual’s country of residence.
Limits are also determined based on whether the trader is a retail or professional client, as well as the respective asset class.
Nonetheless, in the sections below, we compare the 10 best high leverage brokers in the market right now.
Brokers Reviews | Leverage | Platforms | Min Deposit | Payments |
OctaFX | 1:500 | MetaTrader 4, Metatrader 5, cTrader | 50 | Neteller, Skrill, Fasapay, Visa, Mastercard, Malaysian, Vietnamese, Indian, Indonesian, Bangladeshi local banks, Bitcoin, Unionpay |
LiteFinance | 1:500 | Metatrader 4, Metatrader 5, WebTerminal | 10 | Skrill, Webmoney, Bitcoin, Advcash, Credit Card |
XM | 1:888 | MetaTrader 4, Metatrader 5, XM Webtrader | 5 | Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer |
AvaTrade | 1:400 | AvaTrader, MetaTrader 4, MetaTrader Floating Spread, Mac Trading, Web Trading, Mobile Trading, Automatic Trading, AvaOptions | 100 | Credit Cards, Debit Cards, Skrill, Wire Transfer, PayPal, Neteller, WebMoney |
InstaForex | 1:1,000 | MetaTrader 4, Metatrader 5, Webtrader | 1 | Some local Bank transfers, PayCo, AstroPay, Cryptocurrency |
FxPro | 1:500 | FxPro cTrader, FxPro cTrader Web, MT4 Client Terminal, MT4 MultiTerminal, MT4 WebTrader, MT4 Premium | 100 | Credit/Debit Card, Bank Wire, PayPal, Neteller, Skrill |
Dukascopy | 1:500 | Dukascopy | 250 | Wire, Bank Guarantee, Standby letter of Credit Segregated Accounts |
PrimeXBT | 1:1000 | PrimeXBT, Turbo | 1 | Credit Cards |
HYCM | 1:400 | Metatrader 4 | 100 | credit cards, wire transfer, Skrill, webmoney |
IronFX | 1:500 | Metatrader 4 | 100 | credit cards, Fasapay, neteller, qiwi, skrill, webmoney, wire transfer |
CMTrading | 1:400 | MetaTrader 4, Sirix | 200 | credit/debit cards, Wire transfer, CashU ,Skrill |
Blueberry Markets | 1:500 | MetaTrader 4 | 100 | credit cards, wire transfer, POLi, Skrill |
iFOREX | 1:400 | FXnet Trader | 100 | credit cards, wire transfer |
FP Markets | 1:500 | MetaTrader 4 (MT4), IRESS, Mobile trading | 200 | credit cards, UnionPay, Neteller, Skrill (3% fee), Wire transfer, BPay and broker-to-broker transfer |
Tickmill | 1:500 | MetaTrader 4, Webtrader | 100 | wire transfer (commission are charged), credit/debit cards, Skrill, Neteller, FasaPay, UnionPay and WebMoney |
TenkoFX | 1:500 | MetaTrader 4, Webtrader | 10 | Skrill, Neteller, FasaPay, Webmoney, Yandex Money, Qiwi |
Freshforex | 1:1000 | Metatrader 4 | 1 | WebMoney, ePayService, Skrill , FasaPay, ADVCash, Perfect Money, Neteller, OnlineNaira NGN/USD, E-wallets for the Philippines, Visa/Mastercard/Maestro USD/EUR, Local Depositors, Bitcoin, Internet Banking |
Pepperstone | 1:500 | Metatrader 4, Metatrader 5, cTrader, cAlgo, cMirror | 200 | bPay, credit cards, Paypal |
CMCMarkets | 500:1 | Next Generation web-based | 1 | Credit cards, Wire Transfer |
ActivTrades | 1:400 | Metatrader 4, Activtrader | 100 | Credit Card, Wire transfer, neteller, skrill, sofort |
Hotforex | 1:1,000 | Metatrader 4, mobile platform, rapid trader fix/api | 5 | credit cards, skrill, Unionpay, neteller, wire transfer, webmoney, fasapay |
Alpari | 1:500 | MetaTrader 4 | 1 | Debit or Credit Card, Wire Transfer |
Anzo Capital | 1:1000 | MetaTrader 4 | 100 | Webmoney, Skrill, Neteller, Credit Cards |
CityIndex | 1:400 | MT4 (MetaTrader 4), Advantage Web, Advantage Trader, iPhone, Android, Windows Phone App, iPad and Tablet App | 100 | Credit/Debit Cards |
Tifia | 1:1,000 | Metatrader 4, webtrader | 10 | wire transfer, credit cards, skrill, neteller, perfect money, fasapay, okpay |
RealTrade | 1:500 | MetaTrader 4 | 20 | Credit Cards, WebMoney, and Wire Transfer |
FXOpen | 1:500 | MetaTrader 4 | 1 | Wire, WebMoney, AlertPay, CashU, c-gold, PerfectMoney |
Fort Financial Services | 1:1,000 | MetaTrader 4, CQG, Ninja trader, binary options | 5 | Credit cards, webmoney, Skrill, Neteller, perfect money, fasapay, wire transfer |
MEX Exchange | 1:500 | Metatrader 4 | 25 | Neteller, Skrill, Fasapay, UnionPay, Credit Cards, Wire Transfer |
FBS | up to 1:3,000 | MetaTrader 4, Metatrader 5, Webtrading | 1 | credit cards, fasapay, Indonesia local banks, Neteller, okpay, perfectmoney, Skrill, Webmoney, wire transfer, Thai local banks, Exchangers, Malaysian banks and Bitcoin by Skrill |
Synergy FX | 1:500 | MetaTrader 4 | 500 | credit cards, skrill, wire transfer |
FXGiants | 1:500 | MetaTrader 4 | 500 | credit cards, neteller, paypal, skrill, unionpay, Webmoney, Wire Transfer |
FXGlobe | 1:500 | MetaTrader 4 | 250 | Credit cards, Neteller, Skrill, Wire transfer |
FXonus | 1:500 | MetaTrader 4 | 500 | Credit Cards, Skrill, Neteller, Wire Transfer, China Union Pay |
FXoro | 1:400 | Metatrader 4 | 200 | credit cards, wire transfer, skrill, neteller, ecoPayz, CashU |
FXprimus | 1:500 | Metatrader 4 | 100 | Bitcoin, China UnionPay, FasaPay, Neteller, Skrill, Wire Transfer |
JCMFX | 1:1,000 | MetaTrader 4 | 10 | credit cards, FasaPay, Wire Transfer, Neteller, Skrill |
Larson&Holz | 1:500 | Metatrader 4, Web Trader | 100 | credit cards, wire transfer, neteller, paypal, Yandex, liqpay, alfa click, beeline, mtc, perfect money |
LCG | 1:500 | MetaTrader 4, LCG Trader (web-based, ECN accounts only) | 1 | wire transfer, debit/credit cards, Skrill |
LMFX | 1:1,000 | Metatrader 4, Webtrader | 50 | credit cards, Fasapay, neteller, okpay, skrill, wire transfer |
LQDFX | 1:500 | MetaTrader 4, xStation | 20 | Wire transfer, Credit cards, Skrill, Neteller, Unipay, FasaPay, SoFort, iDeal |
Paxforex | 1:500 | MetaTrader 4 | 10 | Credit cards, FasaPay, Neteller, OKPAY, Perfect Money, QIWI, Skrill, UnionPay, WebMoney, Wire Transfer |
Pricemarkets | 1:400 | MetaTrader 4 ECN, Currenex ECN, Integral FX, Liquid-x, Hotspot FX | 500 | wire transfer, credit cards |
Rallytade | 1;1,000 | Metatrader 4, xStation (web-based), xSocial, xOptions | 100 | credit cards, neteller, skrill, Interswitch, Pocketmoni, etraszact, perfectMoney, WebMoney, VoguePay |
Range Markets | 1:500 | Metatrader 4 | 100 | Neteller, Credit Cards, wire transfer |
Roboforex | 1:500 | MetaTrader 4, cTrader | 1 | credit cards, QIWI wallet, webmoney, Yandex.money, RBK money, Skrill, FasaPay, CashU, Payoneer, China UnionPay, Neteller, Perfect Money |
Tradersway | 1:1,000 | Metatrader 4, ctrader | 0 | Skrill, Neteller, Perfect Money, Webmoney, QIWI, MonetaRu, EasyPay, Boletto, CashU |
AGEA | 1:500 | Streamster, MetaTrader 4 | 1 | Credit Cards, Wire, Skrill, Webmoney, e-Dinar, Neteller, FasaPay, Perfect Money |
FxGlory | 1:3,000 | MetaTrader4, Mobile | 1 | Credit/debit cards, Paypal, Bitcoin |
Orbex | 1:500 | MetaTrader 4 | 500 | Skrill, Neteller, Wire Transfer, Credit Cards, CashU, Webmoney |
AccentForex | 1:500 | MetaTrader 4 | 10 | WebMoney, OkPay, Skrill, Wire Transfer, Credit Cards |
GrandCapital | 500:1 | MetaTrader 4, WebTrader | 10 | Credit card, Neteller, Webmoney, CashU, Fasapay, Scrill, Webmoney |
Alvexo | 400:1 | MetaTrader 4, WebTrader, Mobile | 5000 | Cash-U, Credit Card, Webmoney, Wire Transfer |
RubixFX | 400:1 | MetaTrader 4 | 500 | Wire Transfer, Credit Cards |
Juno Markets | 1:400 | MetaTrader 4 | 500 | neteller, skrill, credit cards, wire transfer |
Eightcup | 1:500 | Metatrader 4 | 100 | |
Swissmarkets | 1:500 | Metatrader 4, Webtrader | 200 | credit cards, wire transfer, neteller, skrill, iDEAL, giropay |
Trade360 | 1:1,000 | Trade360 | 100 | credit cards, skrill, neteller, wire transfer |
ForexMart | 1:1,000 | Metatrader 4 | 1 | credit cards, Neteller, Skrill, Paypal, Paxum? Bitcoin |
Forexee | 1:500 | MetaTrader 4 | 50 | Credit Cards, Webmoney, Wire Transfer, Skrill, Neteller, Bitcoin, Bitcoin Cash, litecoin, Fasapay, etherium, Payza, Perfect Money |
LH-Crypto | 1:500 | Metatrader 4, Metatrader 5 | 10 | Bitcoin, Bitcoin Cash, Ethereum, Litecoin, Monero, DASH, Ripple, NEO, Visa, MasterCard, Web Money, QIWI, wire transfer |
1Market | 1:400 | Webtrader, Metatrader 5 | 250 | credit cards, bank wire transfers, Neteller, Skrill, Sofort, Rapid, PaySafe Card and Volt |
HonorFX | 1:500 | Metatrader 5 | 100 | Credit Cards, Neteller, Skrill, Paypal, Bitpay, Fasapay, Perfect Money |
MarketBull | 1:1000 | Metatrader 4 | 1000 | Credit Cards, Neteller, Skrill, Bank Wire Transfer |
CedarFX | 1:500 | MetaTrader 4 | 50 | Credit Card, Bank Wire, Bitcoin |
GCI Trading | 1:400 | MetaTrader 4, ActTrader | 500 | Bank Wire Transfer, Credit Card, Neteller, Skrill |
Axi | 1:400 | Metatrader 4 | 200 | Debit and Credit Cards (Visa, Master, Maestro, JCB) Neteller Skrill/Moneybookers Global Collect (only for Australian clients) BPAY (only for Australian Clients) China Union Pay (only for Chinese residents) Bank Transfer Broker to Broker Transfer |
What is the best leverage for trading?
Typically, 100:1 leverage is the maximum needed to offer you flexibility in various trading techniques although there is no perfect level for every trader. The desirable leverage is dependent on your own circumstances, experience, and attitude to risk. Some traders may want to use no leverage at all, whereas you are experienced it can be a great way to fully exploit trading strategies with minimum capital requirements.
What leverage is best for newbie?
If you are at very beginning in trading, first learn deeply how to operate trading safely and use leverage smartly. It is recommended to choose among the best brokers for beginners since those brokers offering educational materials and support you at first steps and it is best not to use the highest leverage ratios at the very beginning.
What Are the Pros and Cons of Using a Broker’s Leverage?
Before deciding on a leveraged account, traders should consider the pros and cons of using Forex brokers with high leverage.
The Pros of Using High Leverage Forex Brokers
- High leverage allows traders with smaller portfolios to diversify their trades.
- It provides a boost to the profit, but also the loss potential of a trading account.
- Traders can deploy advanced and sophisticated trading strategies with less capital.
- High leverage provides more freedom and flexibility.
- Skilled traders can achieve their trading goals from a lower capital base.
The Cons of Using High Leverage Forex Brokers
- Unskilled traders can lose their entire deposits.
- Swap rates eat into the cash balance if traders keep positions open for too long.
- New traders fail to implement risk management and engage in reckless trading.
- Leveraged trading requires skill, knowledge, discipline, and the execution of strict risk management.
- Most traders use high leverage in underfunded trading accounts and spike their risk profile.
What to Look for in a High Leverage Forex Broker
Choosing a forex broker depends not only on your trading preferences but also the country you live in. United States forex traders won’t be able to use the highest available leverage or use popular trading programs like MetaTrader 5. When you pick a broker, here are a few things to pay attention to:
Margin Requirements
In the United States, margin requirements are limited to 2% (50:1 leverage). Internationally, you can lever trades up to 500:1 on most major currencies. You don’t need to use high leverage on all trades, but make sure to pick a broker with limits that work for you.
Commissions and Fees
Forex brokers make money in two ways: from commissions or from the spread. Many brokers have spread-only and commission accounts available, and commission accounts get reduced spreads. Brokers have fee charts on their websites. Make sure you understand all charges before you open an account.
Support for Trading Software
Many forex brokers have their own proprietary trading software, but also offer popular platforms like MetaTrader 4 and cTrader. If you like to trade using MetaTrader 4, make sure the broker you choose supports it!
Account and Trade Minimums
Capital required to open an account varies by the broker, as does the amount needed to complete a trade. Some brokers may have no account minimum, but all will have trade minimums.
Why Leveraged Trading is Beneficial?
Traders benefit from leveraged trading because they get to use larger amounts of money without risking their own money. Their potential reward is higher if they trade correctly, while their personal wealth is less exposed to risk.
In the right circumstance, leverage can be an extremely powerful tool for traders. However, they should be aware that leverage comes with risk, so the greater the leverage, the smaller the margin of error.
Conclusion
High leverage forex brokers are as good an option for traders as any other category. Many traders appreciate the high leverage and minimum deposit combination. This way, it is easy to test the brokerage house under live trading conditions and decide if it is the best solution for a long-term partnership.
Other traders do not simply want high leverage conditions, but rather high leverage with low spreads for an improved scalping performance. Many scalpers choose ECN forex brokers, which offer high leverage mixed with raw ECN spreads and commissions.
High leverage forex brokers generally offer staggering execution and market conditions suitable for most types of traders. All traders need to do is to pick the right trading account and adjust the money management in such a way to balance the risks involved with high leverage trading.
To summarise, the most significant advantage of high leverage brokers is that traders get to make the most of their capital.