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|
Table of contents
Top 10 of the Best High Leverage Forex Brokers for 2021
Here’s our ranking:
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|
|Fibo Group||$50||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|
*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.
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.