FBS
visit FBS
74-89% of retail CFD accounts lose money
Best High Leverage Forex Brokers 2023
Top Picks
-
-
HF Markets
visit HF Markets71.04% of retail investor accounts lose money -
OctaFX
visit OctaFX74-89% of retail CFD accounts lose money -
FXTM
visit FXTM81% of retail investor accounts lose money -
Roboforex
visit Roboforex61.41% of retail CFD accounts lose money
To rank the best brokers with high leverage we used the following parameters:
- The maximum leverage available to retail traders
- The available leverage for professional traders
- The minimum order size
- The platforms where high leverage is available
Table of Content
Round-up
| High leverage forex brokers | Highest leverage available | Min. deposit | Forex orders from |
|---|---|---|---|
| FBS | 1:3000 | $1 | $0,33 |
| HF Markets | 1:1000 | $5 | $1,00 |
| OctaFX | 1:500 | $25 | $2,00 |
| JustForex | 1:3000 | $100 | $0,44 |
| FXTM | 1:2000 | $10 | $0,50 |
| InstaForex | 1:1000 | $1 | $1,00 |
| Roboforex | 1:2000 | $10 | $0,50 |
| Fibo Group | 1:1000 | $50 | $1,00 |
| Alpari | 1:1000 | $5 | $1,00 |
| Grand Capital | 1:1000 | $10 | $1,00 |
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Review
FBS : up to 1:3000
- The maximum leverage on forex major pairs with FBS is 1:3000 under IFSC regulation.
- For European clients the maximum leverage available with FBS is 1:30, but 1:500 for professional clients.
- The minimum deposit to access the 1:3000 leverage is $5 with the FBS micro account.
- High leverage with FBS is available on MT4.
- FBS offers the possibility to open forex positions starting from 0.01 lot.
- Nano lots (0.0001 standard lots) are available, but the leverage will be reduced to 1:1000.
- With the maximum leverage available, with FBS you can open forex positions as low as $0.33.
visit FBS
74-89% of retail CFD accounts lose money
HF Markets : up to 1:1000
- The maximum leverage available on HF Markets is 1:1000 under FSA (Seychelles) regulation.
- For South African clients, the maximum leverage with HF Markets is 1:500.
- For clients under DFSA (Dubai), FCA (UK) and CySEC (Europe), the maximum leverage will be 1:30 (1:400 for professionals).
- HF Markets offers high leverage on Metatrader 4.
- The minimum deposit required by HF to access the highest leverage is $5.
- HF globally allows open positions even with micro lots (0.01 standard lots).
- Using HF’s FSA leverage, you will be able to open forex positions as low as $1.
visit HF Markets
71.04% of retail investor accounts lose money
OctaFX : up to 1:500
- With OctaFX the maximum leverage available is 1:500 under the SV regulation.
- Other traders under CySEC, face a 1:30 leverage limit.
- The minimum deposit required to access such leverage with OctaFX is $25.
- OctaFX allow traders to trade with micro lots.
- MT4 and MT5 both cater for high leverage with OctaFX.
- The minimum amount of money required to open a forex trading order is $2 (under SV).
visit OctaFX
74-89% of retail CFD accounts lose money
Justforex : up to 1:3000
- Justforex offers high leverage on forex up to 1:3000 (under FSA regulation).
- UK and European traders maximum leverage allowed with Justforex is 1:30.
- The minimum deposit required by Justforex is $100
- Forex traders can open positions from $0,33 thanks to micro lots.
visit Justforex
74-89% of retail CFD accounts lose money
FXTM : up to 1:2000
- FXTM allows traders under FSC to benefit from high leverage up to 1:2000. while it’s 1:30 within the EU and the UK.
- Professional FXTM clients leverage is 1:300, however it may be lower depending on the volume of the position: the higher the volume, the lower the leverage, down to 1:25.
- FXTM offers high leverage with MetaTrader 4.
- The minimum deposit to access high leverage is $10.
- The minimum amount of money required by FXTM to open a forex position with the maximum leverage, is $0,50.
visit FXTM
81% of retail investor accounts lose money
Instaforex : up to 1:1000
- Instaforex offers high leverage up to 1:1000 under their BVI regulation European traders on the other hand, cannot trade with leverage higher than 1:30.
- However, EU professional traders can access 1:500 leverage with Instaforex.
- The minimum deposit with Instaforex is very low at $1.
- Taking into account the maximum leverage available, Instaforex allows traders to open forex positions from $1 only.
visit Instaforex
61.14% of retail investor accounts lose money
Roboforex : up to 1:2000
- The maximum leverage available with Roboforex is 1:2000 under IFSC regulation.
- European traders must register under the CySEC branch of Roboforex, which maximum leverage is 1:30 (1:500 for professional traders).
- Trading with high leverage may let qualify the trader to the Roboforex rebates program based on the volumes traded
- The minimum deposit required to open a high leverage account with Roboforex is $100.
- The minimum amount of money needed by Roboforex to open a forex position is $0,50.
visit Roboforex
61.41% of retail CFD accounts lose money
Fibo Group : up to 1:1000
- Fibo Group offers high leverage up to 1:1000 under FSC regulation.
- The broker in the EU accepts professional traders only, and the maximum leverage is 1:500.
- The minimum deposit of Fibo Group is $50.
- The minimum trading size with Fibo is 0.01 standard lots on forex.
- The amount of money needed to open a position on forex is $1 with Fibo.
visit Fibo Group
(Your capital is at risk)
Alpari : up to 1:1000
- Under FSC, Alpari offers forex traders a maximum leverage of 1:1000.
- The minimum deposit with Alpari is kept low at $5.
- Alpari offers high leverage with both MT4 and MT5.
- The minimum amount of money needed to open a forex position with Alpari is $1.
- The minimum trading size is 0.01 with Alpari.
visit Alpari
74-89% of retail CFD accounts lose money
Grand Capital : up to 1:1000
- Grand Capital offers high leverage up to 1:1000 under their FinCom regulation.
- The minimum deposit required to open an account with Grand Capital is $10.
- The minimum trade size with Grand Capital is 0.01 standard lots.
- The lowest amount of money needed to trade forex is $1.
visit Grand Capital
74-89% of retail CFD accounts lose money
High leverage forex brokers comparison
It’s important to keep in mind that high leverage comes with extremely high risks. If you’re a beginner, before trading with real money, you should always open a demo account with these brokers first.
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.
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
| Feature | Min. deposit | FX leverage |
|---|---|---|
| FBS | $1 | 1:3000 (IFSC) |
| HF Markets | $5 | 1:1000 (FSA) |
| OctaFX | $25 | 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 high leverage forex brokers in the UK: 2023 list
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 provide clear disclaimers.
As opposed to solely considering which broker is offering the highest leverage, you also need to consider the quality of a broker’s 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.
Here’s our detailed list of the best high leverage forex brokers for traders in the UK (regulated or authorized by FCA) according to our research:
Warning
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
What is leverage?
Leverage is a key concept in forex trading, however for beginners it can be tricky to fully understand what it is 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 useful foreign exchange and trading tool at all levels, particularly if you are operating within a smaller budget since you will often need at least $1,000 to open a forex position.
For example, a $1,000 mark to open a position, could be reached with as little as $10 and a leverage of 1:100. This means you have access to 100 times the funds in your account thanks to leverage. The number and availability will, however, depend on your broker and the regulations where you are trading.
High leverage trading: 3 things to consider
When trading forex 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 occurs when you don’t have sufficient funds 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 trading with a high leverage involves more risk, which 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. Most regulated brokers with high leverage cap it at around 50:1 as is the case under the IIROC in Canada, for example.
There are some market regulators even stricter like the ESMA in Europe, the FCA in the UK, and ASIC in Australia, where you are limited to 30:1 maximum leverage. In Singapore under MAS, this is even lower at 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.
The table below 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 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.
If you are new to trading, one of the best places you can benefit from our article on the best brokers for beginners.
Aside from this, you should utilise the demo accounts offered by high leverage forex brokers. If you live outside the EU, it is worth visiting the FBS website (74-89% of retail CFD accounts lose money) to open a free 30-days demo account, since it offers high leverage of up to 1:3000 under IFSC regulation for you to try, as one of the highest leverage brokers in the industry. FBS also offers a low minimum deposit if you decide to move onto trading with real money.
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.
About The Author
Filippo Ucchino
Co-Founder - CEO - Broker Expert
Filippo is the co-founder and CEO of InvestinGoal.com. He has 15 years of experience in the financial sector and forex in particular. He started his career as a forex trader in 2005 and then became interested in the whole fintech and crypto sector.
Over this time, he has developed an almost scientific approach to the analysis of brokers, their services, and offerings. In addition, he is an expert in Compliance and Security Policies for consumers protection in this sector.
With InvestinGoal, Filippo’s goal is to bring as much clarity as possible to help users navigate the world of online trading, forex, and cryptocurrencies.
Best High Leverage Forex Brokers 2023
Related Top10
