Are you looking for the best high leverage forex brokers because these days you are only finding forex brokers with very low leverage?
Are you an EU resident and would you like to find serious brokers with high leverage?
Do you want to know what are the top high leverage brokers specifically in the UK?
We have solutions.
Some of the major forex brokers still offer the possibility of trading with high leverage.
But let’s see everything together.
Typically, high leverage Forex brokers have the advantage of offering tempting conditions for the rookie trader. High leverage usually comes with no minimum deposit requirement or just a symbolic one, for instance.
Therefore, traders are attracted by the simplicity and easiness to access the interbank market, while ignoring the rule of thumb regarding the risk.
Higher leverage, by definition, means higher risk.
Are high leverage Forex brokers riskier than other ones? The right answer is no.
All of them offer different types of trading accounts that suit every kind of trader. Swing traders and investors alike have access to quality execution, ECN accounts, and excellent trading conditions.
Even among the best Forex brokers with high leverage, some trading accounts and conditions are incredible. Moreover, the high leverage refers to only specific types of trading accounts and doesn’t apply to all regions of the world.
As usual, we’ve put together the top ten brokers fitting this category, with all the things to consider like regulation, brokerage type, minimum deposit conditions or the markets offered for trading.
Higher leverage in a trading account is perceived as riskier due to the possibility of consuming all the funds if things go wrong. That’s why in many countries, such as Canada as we have already talked about in our article where we spoke about the best Forex Broker in Canada, the trading leverage is restricted. As beginners, traders who usually ignore money management techniques, are destined to face harsh market conditions sooner rather than later.
Therefore, pay close attention and try to consider all risks well and manage them as best you can, especially if you decide to use high leverage.
| High Leverage Forex Brokers | Min. Deposit | Highest Leverage Available | Regulatory Body |
|---|---|---|---|
| FBS | $1 | 1:3000 | IFSC |
| HotForex | $5 | 1:1000 | FSA |
| OctaFX | $100 | 1:500 | SV |
| JustForex | $100 | 1:3000 | FSA |
| FXTM | $10 | 1:2000 | FSC |
| InstaForex | $1 | 1:1000 | BVI |
| Roboforex | $10 | 1:2000 | IFSC |
| Fibo Group | $50 | 1:1000 | FSC |
| Alpari | $5 | 1:1000 | FSC |
| Grand Capital | $10 | 1:1000 | FSC |
Table of contents
Top 10 of the Best High Leverage Forex Brokers for 2021
Here’s our ranking:
FBS
One of the major Forex brokers with high leverage, fbs.com serves clients in over a hundred countries over the world. Incorporated in Belize, FBS provides trading conditions for all types of traders: scalpers, swing traders, and investors alike. When it comes to high leverage brokers, FBS is one of the most recognized in the sector, offering 3000:1 if you are regulated under IFSC regulation.
Getting started at FBS could also not be easier. The start up cost is very low in terms of minimum deposit requirement, being just $1. This can be very attractive particularly to new traders in the industry. The trading costs are kept as low as possible too with the broker offering a range of ECN accounts that can feature fixed spreads from 0 pips.
Leverage on major forex pairs: 3000:1 (IFSC), 30:1 (CySEC)
HotForex
Headquartered in Cyprus, HotForex is one of the leading Forex brokers with high leverage with an international market presence. A truly global provider of CFD trading, it prides itself as being customer oriented and offering a unique trading experience. High leverage with HotForex is available around the world, particularly under FSA regulation in the Seychelles where it can reach 1000:1.
HotForex also offers a very good value start up cost making it very easy for new traders. The minimum deposit is just $5 on a micro account with the six available account types providing something for everyone and even including a stock trading account at a $10,000 minimum deposit as well as their great built-in HFCopy copy trading platform.
Leverage on major forex pairs: 1000:1 (FSA), 500:1 (FSCA) 50:1 (DFSA), 30:1 (FCA) 30:1 (CySEC)
OctaFX
OctaFX is one of the Forex brokers offering high leverage having a focus on the Asian market. Despite being incorporated in St. Vincent and the Grenadines, OctaFX is regulated by the FCA in the United Kingdom. It offers all kinds of trading accounts and copy trading, operating since 2011. They have cultivated a strong reputation as a top ECN/STP broker that can also offer very high leverage alongside their excellent execution speeds.
Again the cost of getting started with OctaFX is attractively low at just $100 minimum deposit. This will get you access to a range of assets that includes trading on 28 forex currency pairs that also have excellent spreads starting from 0.4 pips through a variable spread, or 2 pips with a fixed spread. If you are interested in cpy trading as well as high leverage and low costs, the OctaFX also has their own proprietary copy trading service available.
Leverage on major forex pairs: 500:1 (SV), 30:1 (FCA) 30:1 (CySEC)
Justforex
In the category of best Forex brokers with high leverage, JustForex is the next broker to feature. . With a simple, yet convincing approach, it offers ECN execution to its clients and up to 1:3000 leverage, depending on the type of the trading account selected. Among other services for retail traders, it offers social trading, VPS (Virtual Private Server) access, and a variety of bonuses and promotions. The only slight drawback at this point for the broker is that they are not yet regulated in the EU. They are however working on this with both ESMA and the FCA.
If you do decide on an account with this high leverage broker then you will have three types to choose from and a very reasonable minimum deposit of just $100 to get started. When this is coupled with the great low spread starting from 0 pips on some markets, then it is clear why JustForex is a good emerging proposition.
Leverage on major forex pairs: 3000:1 (FSA), 30:1 (FCA) 30:1 (CySEC)
FXTM
Another broker that fits into the category of best Forex brokers with high leverage, FXTM has a daring mission: to offer unparalleled market conditions, continuous trading as well as advanced trading education. They are a globally recognized broker at this point and offer excellent services through 6 available account types, three of which are ECN accounts. They are popular among all traders, but particularly in Africa, and Nigeria where the NGN is an accepted base currency.
Their popularity comes from reputation but also competitiveness as shown by their very low £10 minimum deposit to get started with a cent account. This attracts many new traders. With that said, this top broker has many options available to all types of trader through the multiple account types. They also offer a very competitive spread that starts from 0 pips and a loyalty program that can help you in further reducing trading costs.
Leverage on major forex pairs: 2000:1 (FSC), 2000:1 (FSCA), 30:1 (FCA), 30:1 (CySEC)
Instaforex
Aiming at providing the most extensive trading opportunities to FX traders, Instaforex uses the best technologies to fill any trader’s needs. With a minimum deposit of only $1, anyone can get access to ECN market conditions. They are a very well-known international forex broker who have cultivated a trustworthy reputation and tend to attract many Asian traders. With regulation coming from the British Virgin Islands, you can access extensive leverage of up to 1000:1.
New traders in particular are attracted to this broker thanks to the availability of a cent account that can provide low-risk trading opportunities. An unlimited demo account is also available where needed, while the fast execution provided by the ECN accounts along with the great leverage, works to attract many experienced traders.
Leverage on major forex pairs: 1000:1 (BVI), 30:1 (CySEC)
Roboforex
A rapidly expanding broker, RoboForex started operating on the online trading industry in 2009. Fast forward nine years later and the broker is close to having a million trading accounts opened. Trading with RoboForex is simple and straightforward. As a CySEC regulated broker, offers a true ECN (Electronic Communication Network) execution and maximum leverage of 1:2000, though this leverage amount is available under IFSC regulation only.
Trading here you can choose from a broad range of 5 account types and a very reasonable minimum deposit that starts from only $10. You will find all the major platforms available to trade on here. This includes MT4, MT5, and cTrader, with the maximum leverage trading through cTrader at 500:1. With a top ECN execution speed, and low spreads starting from 0 pips as well as their own copy trading platform, it is easy to see why many choose to trade with Roboforex.
Leverage on major forex pairs: 2000:1 (IFSC), 30:1 (CySEC)
Fibo Group
Offering Forex and CFD (Contracts for Difference) trading since 1998, the Fibo Group Forex broker is one of the oldest names in the retail trading business. With low spreads, fast, flexible and accurate execution, Fibo Group is one of the most reliable high leverage Forex brokers. FiboGroup considers transparency as key to customer retention and, besides currencies, gives access to markets like CFDs, spot metals or cryptocurrencies. The top CySEC and FSC regulated broker is headquartered in Vienna, Austria and they are well-known too for their very fast ECN/STP execution speeds.
This combination of stringent regulation and swift order execution with a trusted reputation to boot, works to attract a wide range of new and veteran traders. The $50 minimum deposit also helps keep them in a very accessible place, while the trading costs are kept as low as possible with spreads starting from 0 pips.
Leverage on major forex pairs: 1000:1 (FSC), 30:1 (CySEC)
Alpari
Alpari.com is an international brand name in the industry, providing ECN trading conditions to both novice and professional retail traders. Founded in 1998, after several problems in the past years (in particular after the Swiss Franc affair in 2015), it is still in business with a quality service. They still manage to attract a range of traders from around the world too, with a high leverage of 1000:1 available if you are regulated under the FSC.
Alpari offer three account types and a minimum deposit from just $5 on a micro account, rising to $100 on a standard, and $500 on an ECN account really help to boost the appeal when the starting spread of 0 pips is factored in. Trading takes place through the trusted and respected MT4 and MT5 and the broker provides well for all types of trader.
Leverage on major forex pairs: 1000:1 (FSC)
Grand Capital
With eleven years of experience in the online trading industry, GrandCapital, based in the Seychelles offers ECN Prime as the leading execution in the industry. With over two hundred CFDs on offer and a leverage of up to 1000:1, it is a broker popular among beginner traders.
Although they are not regulated by any official regulatory body, instead being independently regulated by an organization called the Financial Commission, organized by Serenity Escrow, they are still trusted by many traders in the sector. As high leverage brokers go, they offer a healthy account choice with something to suit all traders, and particularly appealing to the newer traders in the industry with a minimum deposit of just $10 on one of their 6 account type choices. They are not yet near the top of the high-leverage broker sector, but they are on the ladder and growing their reputation.
Leverage on major forex pairs: 1000:1
High Leverage Forex Brokers Comparison
First of all, keep in mind that high leverage comes with extremely high risks. If you’re a beginner, before trading with real money, open a demo account with these brokers first.
Secondly, the chart below shows the maximum leverage on forex major pairs offered by said brokers. However, this high leverage feature may not be available in every country or world area. For example, within the UK and the EU the maximum leverage allowed is 1:30 due to the ESMA, FCA and ASIC oversight.
| Feature | Min. Deposit | FX Leverage |
|---|---|---|
| FBS | $1 | 1:3000 (IFSC) |
| HotForex | $5 | 1:1000 (FSA) |
| OctaFX | $100 | 1:500 (SV) |
| Justforex | $100 | 1:3000 (FSA) |
| FXTM | $10 | 1:2000 (FSC) |
| Instaforex | $1 | 1:1000 (BVI) |
| Roboforex | $10 | 1:2000 (IFSC) |
| Fibo Group | $50 | 1:1000 (FSC) |
| Alpari | $5 | 1:1000 (FSC) |
| Grand Capital | $10 | 1:1000 (FSC) |
Top 7 Best High Leverage Forex Brokers UK for 2021
When deciding to take up an account with a high leverage broker, you need to be an experienced trader and have a good understanding of what you are getting into. After all, there is a reason why most forex brokers have a disclaimer at the bottom of their page!
But it’s not always about which broker is offering the highest leverage. You also need to consider the quality of their service and their liquidity.
A high leverage broker should still deliver a high-quality service on top of everything else. High leverage forex brokers in the UK are among some of the best, combining high leverage rates with excellent service and FCA regulation.
That’s why we have compiled this list.
Here’s our detailed list of the best UK high leverage forex brokers (regulated or authorized by FCA) according to our research:
What is Leverage?
Leverage is a key concept in forex trading, but beginners can find tricky to fully understand what is it and how it works.
Leverage in forex trading is essentially borrowing funds from the broker to enable you as the trader to open an increased size of position relative to the balance in your account.
It can be a very useful foreign exchange and trading tool at all levels, but particularly if you are operating within a smaller budget since you will often need at least $1,000 to open a forex position.
This $1,000 mark to open a position as an example, could be reached with as little as $10 and leverage of 1:100. This means you have access to 100 times the funds in your account thanks to leverage. This number and availability will depend on your broker and the regulations where you are trading.
High Leverage Trading: 3 Things to consider
Forex trading or any kind of trading with high leverage there are a few important points to consider:
Margin Calls can be a common occurrence
Particularly at smaller money levels, even a small change in the price of your asset could trigger a margin call. This is where you don’t have enough money deposited to cover the loss caused by leveraged trading. The broker may request you to make an additional deposit or else your positions can be automatically closed.
The higher the leverage here, the more vulnerable you are to price changes. It is worth remembering that at a 1:100 leverage, even just a $0.10 change in the foreign exchange value is the equivalent of $10 based on your leverage.
Volatility amplifies the risk of trading with high leverage
As mentioned, even small changes in the asset price can multiply very quickly when operating with high leverage. Volatility in the market can have the potential to wipe out your account very quickly in some cases so it is worth trying to invest in more stable assets and making sure to set a regular stop loss.
Risk Management is key
Overall, it is clear that leverage is high risk. This risk only increases as the leverage goes up. Even professional funds and traders can be wiped out by a volatile market that triggers a margin call. For this reason your risk management tools, setting a stop loss, and a take profit level, are essential. Using a demo account to learn more about trading before risking real money is also a very wise move.
What’s the highest leverage available by regulation?
The leverage you will have available in forex trading depends on the broker but also on the regulation you are trading under, where you are, and the asset itself. In fact most regulated brokers with high leverage cap it around 50:1 as you can see under the IIROC in Canada for example.
There are some market regulators even more strict like under ESMA in Europe, the FCA in the UK, and ASIC in Australia, you will be limited to 30:1 maximum leverage. In Singapore, under MAS this is even lower being 20:1. The regulatory bodies that offer the highest leverage are the international ones such as the IFSC in Belize, the FSA in Seychelles, the FSA in the British Virgin Islands, and more.
Below the table lists the maximum leverage allowed by many regulatory authorities worldwide.
| Assets | ESMA & FCA | ASIC | MAS | Offshore* |
|---|---|---|---|---|
| Major FX pairs | 30:1 | 30:1 | 20:1 | Discretionary |
| Other FX pairs & gold | 20:1 | 20:1 | 20:1 | Discretionary |
| Major indices | 20:1 | 20:1 | 20:1 | Discretionary |
| Minor indices | 10:1 | 10:1 | 10:1 | Discretionary |
| Commodities | 10:1 | 10:1 | 5:1 | Discretionary |
| Stocks | 5:1 | 5:1 | 10:1 | Discretionary |
| Cryptoassets | 2:1 | 2:1 | 2:1 | Discretionary |
*it refers to International market regulators
What is the best leverage for trading?
Typically, 100:1 leverage is the maximum needed to offer you flexibility in anything you would like to do although there is no perfect level. This is all dependent on your own circumstances, experience, and attitude to risk. Some traders may want to use no leverage at all. If you are experienced though it can be a great way to fully exploit trading strategies with minimum capital requirements.
If you are new to trading, one of the best places you can start out is to view our article on the best brokers for beginners.
Aside from this, you should certainly open and try out a demo account with a best high leverage forex broker. A good option to consider here, if you live outside the EU, may be visiting the FBS website to open a free 30-days demo account, since it offers very high leverage of up to 1:3000 under IFSC regulation for you to try, making FBS the highest leverage broker in the industry. It also offers a low minimum deposit if you decide to move into real money trading.
Conclusion
High leverage Forex brokers are as good a choice as any other category. Many traders appreciate the high leverage/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.
Others do not simply want high leverage conditions, but rather high leverage and very low spreads for a better scalping performance. In fact many scalpers choose ECN forex brokers, which in some cases may offer high leverage mixed with raw ecn spreads and commissions.
Moreover, high leverage Forex brokers do 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 override the downside of a high leverage trading.
To sum up, the most significant advantage of them all is that traders get to make the most of their capital.
Best High Leverage Forex Brokers FAQs
What are the best High Leverage Forex Brokers?
The best High Leverage forex brokers are: 1. FBS – 2. HotForex – 3. OctaFX – 4. Justforex – 5. FXTM – 6. Instaforex – 7. Roboforex – 8. Fibo Group – 9. Alpari – 10. Grand Capital
What is the best leverage for $100?
In order to open a forex position with $100, you have to use at least a leverage of 10:1. However, that amount is not enough for a good margin risk management.
Which broker has the highest leverage?
The highest leverage available is available in the IFSC regulated entity of FBS, and this is 3000:1. With this high leverage amount is extremely easy to trigger a margin call. Do not use this leverage amount if you’re not an expert.
What leverage is best for newbie?
Since the higher the leverage, the higher is the risk, a beginner should start trading with low leverage. Also, a beginner should keep in mind that many professional traders rarely go beyond the 10:1.
Is higher leverage better in forex?
It depends on the amount of risk you want to take, and on the trading technique. A scalper needs high leverages, while a short-medium term trader may need lower leverage.
What does a leverage of 1 1000 mean?
It means that your invested amount, as well as every profit and loss, will be multiplied by 1000. If you invest $100 and your investment loses a small 1%, you are virtually losing $1000.
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