High Leverage Forex Brokers

In our guide, we will go over the best forex brokers with high leverage. These high leverage brokers are ranked based on leverage, trading platforms, security, fees, reliability, and more.

Best High Leverage Forex Brokers

Here are the top forex brokers with high leverage available. These are based on trading platforms, available currency pairs, security, reliability, trading fees, and more. This is our selection…

  1. Pepperstone – Best High Leverage with Low Spreads
  2. AvaTrade – Best High Leverage Broker Trading
  3. FP Markets – Best Execution High Leverage Forex Broker
  4. eToro – Best High Leverage Copy Trading Broker
  5. Interactive Brokers – Best High Leverage Broker for Market Access
  6. FXTM – Best ZuluTrade High Leverage Forex Broker
  7. Forex.com – High Leverage Forex Broker with 70+ Currency Pairs
  8. HYCM – Best MetaTrader 4 High Leverage Forex Broker

Pepperstone – Best Overall

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.9% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Pepperstone is an Australian forex broker that provides Forex traders with great leverage levels. US traders get access to 50:1, while traders in ASIC jurisdiction have 500:1 leverage. 

Pepperstone is known for its selection of premium third-party trading platforms. This includes MetaTrader and cTrader. Traders gain access to a range of helpful trading tools.

PROSCONS
High LeverageLimited Product Portfolio outside of Forex
Low non-trading fees
No deposit and withdrawal fees
Regulation

AvaTrade

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

AvaTrade has built up a solid reputation over the years. It offers traders access to a wide range of 55 different Forex currency pairs and high leverage of up to 400:1.

Opening a Forex account through AvaTrade is fast and easy. There are no fees charged for deposits and withdrawals. It offers user-friendly and diverse research and educational tools. Read more in our in-depth review of AvaTrade.

PROSCONS
Wide range of currency pairs High inactivity fees
Easy account opening process
Free deposits and withdrawals
Great research tools

FP Markets

FP Markets offers its clients high leverage of up to 500:1. Its low Forex trading fees make it an ideal choice for many traders. 

The account opening and deposit processes are quick and efficient. There is a range of excellent educational tools, such as e-books and demo accounts.

The product portfolio is limited to Forex, CFDs, and cryptocurrencies. This might be limiting for traders wanting a diverse portfolio.

PROSCONS
Low Forex feesLimited product portfolio
Easy and fast account opening
Quick deposits and withdrawals

eToro

etoro logo
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Disclaimer: CFDs are complex leveraged derivatives that come with a high risk of losing money rapidly. 68% of retail investor accounts lose money when trading CFDs with this provider. Make sure you understand how CFDs work and if you can afford to take the high risk of losing your money. eToro USA LLC does not offer CFDs, only real Crypto assets available.

Although not the highest leverage broker on the list, eToro is still recommended for Forex traders. This firm offers leverage of up to 30:1. eToro stands out for its copy trading.

eToro offers web and mobile trading platforms that are easy to navigate and use. Traders have access to a broad range of trading strategies to copy. This includes forex, CFDs, and cryptocurrencies.

PROSCONS
Copy TradingLimited research material
Cryptocurrency tools
User-friendly platform
Ideal for beginners

Interactive Brokers

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Disclaimer: CFDs are complex leveraged derivatives that come with a high risk of losing money rapidly. 68% of retail investor accounts lose money when trading CFDs with this provider. Make sure you understand how CFDs work and if you can afford to take the high risk of losing your money. eToro USA LLC does not offer CFDs, only real Crypto assets available.

Interactive Brokers caters well to experienced active traders, with high leverage levels of up to 400:1.

Interactive Brokers offers efficient order execution, thanks to its IB Smart Routing technology. 

Its mobile trading platform is well supported across all devices. Beginners may find it tricky to use as it is aimed at experienced traders.

PROSCONS
High Leverage offeredNot easy for beginners to navigate
Fast order execution
Market Access
Offers fractional shares

FXTM

Forex Capital Market (FXCM) is another great option for experienced Forex traders. This broker offers leverage levels ranging from 1:50 to 1:500.

This brokerage supports several third-party trading platforms such as ZuluTrade and MetaTrader4. This platform variety gives you access to an abundance of drawing tools and technical indicators.

A downside is the broker’s inactivity fees, which only apply if your account is inactive for more than a year.

PROSCONS
High Leverage levelsCFDs only
Supports various third-party trading platformsExpensive inactivity fees
A well-established and reputable broker
User-friendly mobile trading app
No commission and tight spreads

Forex.com

Over 70 forex pairs to choose from, Forex.com gives US traders 50:1 leverage on major currency pairs. These include EUR/USD, EUR/CAD, and USD/CA.

Forex.com offers a range of account types to suit different trading styles. This broker offers everything you need from low Forex fees to technical research tools.

On the downside, it has a limited range of financial assets. The desktop trading platform is not user-friendly.

PROSCONS
Low Forex feesLimited product portfolio
Great variety of currency pairsOutdated desktop trading platform
Diverse technical research tools

HYCM

HYCM uses the premium MT4 trading platform, offering high leverage of up to 500:1. The broker offers excellent trading conditions and great liquidity.

You can access levels of up to 500:1 through HYCM, depending on where you live and which currency pair you’re trading. Account minimums with HYCM may vary depending on your base currency and the type of account you open; typically, you need $100 to $200 before you open an account.

You can customize your account levels with varying fee structures to fit your risk tolerance and trade frequency.  You’ll also find a range of education and research tools.

PROSCONS
High Leverage levelsInactivity fees
Access to a range of trading platforms
Low Forex fees
Great educational tools

Compare High Leverage Forex Brokers

Compare the high leverage trading platforms below:

High Leverage Broker Pepperstone AvaTrade FP Markets eToro Interactive Brokers FXTM Forex.com HYCM
Leverage up to 1:400 up to 1:400 up to 1:500 up to 1:30 25%-50% Margin up to 1:30 up to 1:50 up to 1:30
Minimum Deposit $0 $100 $100 $50 - $500 $0 $50 $100 $100
Deposit Methods Credit/debit cards, Bank/Wire Transfer, PayPal, Neteller, Skrill, UnionPay Credit and Debit Cards, Wire Transfer, e-payments Credit Cards. Debit Cards, Bank Transfer, Ngan Luong, FasaPay, Online Pay, Broker to Broker, Neteller, Skrill, PayTrust, PayPal, Bpay, Poli PayPal, Skrill, Neteller, Credit Card, Debit Card, Rapid Transfer, iDEAL, Klarna / Sofort Banking, Bank Transfer, Online Banking - Trustly, POLi Bank Wire, Credit Cards, ACH, Mail a check, Rollover, Online Bill Pay, Trustee-to-Trustee, SEP Contribution Credit Cards, Debit Cards, e-Wallets, Bank Wire, Local Payment Solutions Credit Cards, Debit Cards, Wire Transfer Credit Cards, Debit Cards, Virtual Cards, Wire Transfer
Regulation ASIC, CySEC, FCA, SCB, DFSA, BaFin, CMA FCA, ASIC, FSCA, FRSA, Israel Securities Authority, Financial Services Agency, Financial Futures Association of Japan ASIC, CySEC FCA, CySEC, ASIC, FSAS SEC, CFTC, FCA, NFA FCA, CySEC, FSCA, MiFID, FSA, BaFin, AMF, FCMC, AFM CFTC FCA, CIMA, CySEC, DFSA
Trading Platforms cTrader, MetaTrader 4, MetaTrader 5, DupliTrade Proprietary, MetaTrader 4, MetaTrader 5, AvaTrade Go, DupliTrade, ZuluTrade
Assets Offered CFDs on Forex, Crypto, Shares, Indices, Crypto Forex, Stocks, Commodities, FXOptions, Cryptocurrencies, Indices, ETFs, Bonds Forex, Shares, Metals, Commodities, Indices, Cryptocurrency, Bonds, ETFs Stocks, ETFs, Forex, Crypto, Indices, Commodities Stocks, ETFs, Options, Futures, Currencies, Cryptocurrencies, US Spot Gold, Bonds, Mutual Funds, Hedge Funds Forex, Indices, Forex Indices, Commodities, Metals, Stocks Forex, Shares, Commodities, Cryptocurrencies, Gold and Silver, Indices Forex, Stocks, Indices, Commodities

How to pick a high leverage broker?

Here are a few essential things to pay attention to when choosing a high leverage forex broker. 

Margin Requirements

It’s essential to choose a broker with leverage limits that suit your trading style. US brokers are limited to 50:1 leverage. International brokers can trade with leverage of up to 500:1 on most major currencies.

Fees and Commissions

You should understand all the fees your broker charges before opening an account. Forex brokers make money either from commissions or spread, or both. We researched Forex Brokers offering the lowest bid-ask spreads or zero spread accounts.

Account and Trade Minimums

Account minimums vary from broker to broker, while some require no account minimum. The amount needed to initiate a trade will also vary.

Trading Platforms

Many brokers offer clients their own trading platform software. Others might offer access to popular platforms like cTrader and MetaTrader4. Make sure you choose a broker with the right trading tools to suit your trading needs.

Leverage Restrictions & Regulation Worldwide

Leverage involves a high potential risk of losing money. Financial jurisdictions and authorities take necessary measures to limit allowed levels. Different authorities have different regulations, so you must check for your specific jurisdiction.

The current maximum for leverage levels in the US is 1:50, while the European broker under ESMA is allowed only 1:30. On the other hand, Australian regulator ASIC does not restrict levels. Brokers with ASIC licenses may offer leverage up to 1:500.

How do High Leverage Brokers Work?

High Leverage Brokers are brokers that allow trading with borrowed funds and multiplying the buying power of initial capital.

What are the fees and commissions charged by high leverage forex brokers?

The fees and commissions charged by high leverage forex brokers can vary greatly. Some brokers may charge a flat fee per trade, while others may charge a commission based on the size of the trade. Some brokers may also charge a monthly or annual fee. The fees and commissions charged by high leverage forex brokers can have a significant impact on your trading costs, so it is important to compare the fees charged by different brokers before selecting a broker.

How to open a high leverage brokerage account?

How do I open an account with a high leverage forex broker?

The process of opening an account with a high leverage forex broker is actually quite simple and can be done in just a few steps.

First, you will need to find a broker that offers high leverage accounts. We recommend Pepperstone. Once you decide on which broker to use, you need to open an account with them. This can usually be done online and only takes a few minutes.

Leverage and Margin Explained

Leverage refers to the ratio of borrowed money used to enter a trade. You only need a small amount of capital to open a position. It allows you to borrow large sums of money from your broker, which you will have to pay back.

Margin is the amount of money a trader needs to open a trade. When it comes to high leverage in Forex trading, you only need to put forward a percentage of the full value of the position to open a trade.

Leverage gives you more opportunities to diversify your trading portfolio. It allows you to operate with larger trades volume and currency pairs through a smaller initial balance.

The leverage level offered by a broker is usually shown as a ratio. It shows the particular percentage of the total trade volume that the trader needs.

For example, a leverage ratio of 1:100 requires the trader only to have 1% of the total trade volume. If you have a deposit of $100, you can open a leveraged position of $100,000.

Leverage Margin Needed
50:1 2%
100:1 1%
200:1 0.5%
400:1 0.25%
500:1 0.2%

Restrictions & Specifics on Leverage In the USA

There are strict regulations on Forex trading in the US compared to most other countries. The National Futures Association (NFA) is the financial body that imposes leverage limitations on US forex brokers.

Leverage is limited to 1:50, and products like CFDs are entirely illegal. If you have a 1$ account balance, you can open a trade with 50$.

On the other hand, countries like Australia have no restrictions on leverage. This puts Forex traders in the US at an obvious disadvantage, but there are still many great broker options.

FAQ

What is 1:500 leverage?

Leverage of 1:500 means that for every $1 of your capital, you will receive $500 to trade from your broker. This is a loan from your broker that you will need to pay off. Brokers extend this line of credit to their clients for trading on the Forex markets.

What is 1:1000 leverage?

Leverage of 1:1000 means that for every $1 in your account, you get access to $1000. If you have $10 in your trading account, then you will have access to $10 000 for trading. This is a loan provided by your broker that you will have to pay back.

What is the highest leverage available?

Leverage in Forex trading is often as high as 1:500. Some brokers may even offer leverage of up to 1:1000. It’s important to be aware of the financial risk involved, especially with these high leverage levels.

Which is the best leverage in Forex?

The best leverage in Forex is always the level that you feel most comfortable with. If you don’t like high-risk trades, it’s best to choose a lower level of leverage, such as 1:5. With such risk involved, you need to be confident in your trading strategies.

How do high leverage forex brokers make money?

High leverage forex brokers make money by providing their clients with access to the foreign exchange market. They charge a commission on each trade that their clients make, and they also make money from the spread between the bid and ask prices.

How do high leverage forex brokers hedge their risk?

High leverage forex brokers typically hedge their risk by taking offsetting positions in the underlying currency pairs. For example, if a broker has a client who is long EUR/USD, the broker may take a short position in EUR/USD to offset the risk. Alternatively, the broker may take a long position in USD/JPY to offset the risk.

Where do high leverage forex brokers get their liquidity?

The vast majority of high leverage forex brokers get their liquidity from large banks. These banks provide the brokers with access to the interbank market, where the banks themselves trade with one another. The banks that provide this liquidity to forex brokers are typically called “prime brokers”. The interbank market is the largest and most liquid market in the world, with a daily turnover of over $5 trillion.

How do high leverage forex brokers make their profits?

There are a few ways that high leverage forex brokers make their profits. The first way is through the bid-ask spread. The bid-ask spread is the difference between the prices that the broker is willing to buy and sell the currency for. The second way is through commissions. Commissions are typically a percentage of the trade value and are paid to the broker when the trade is executed. The third way is through rollover fees.

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Ziga Breznik

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About the author

Ziga Breznik is the owner and head of research at PublicFinanceInternational.org – he is an active investor in the forex, crypto and stock markets – he has seen trading platforms disappear along with his investments – especially during the “crypto boom”. Ziga learned the hard way that finding a reputable and trustworthy online brokerage is key to long-term success in the financial markets. He founded PublicFinanceInternational.org as a platform where he shares his research with one goal in mind: to provide unbiased and trustworthy online brokers reviews.