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- Main Features of the Top Forex Trading Brokers with High Leverage
- How Forex Trading Works for Traders and Brokers
- FAQ
Our team of expert traders tested dozens of regulated forex brokers to compile a toplist of the best sites for high-leverage trading. Some of the brokers recommended on this page offer leverage as high as 1:3000 to traders from select jurisdictions. Each recommended broker received a quality score based on several factors, including Trustpilot rating, regulation, fees and commissions, available trading platforms, customer service quality and more.
- Fusion Markets 74-89% of retail's CFD accounts lose money
- FP Markets 73.85% of retail investor accounts lose money
- Global Prime 74-89% of retail CFD accounts lose money
- Pepperstone 75.5% of retail investor accounts lose money
- Axi The vast majority of retail client accounts lose money
- XM Group 72.82% of retail investor accounts lose money
We have thoroughly evaluated all brokers listed below using TradingPedia’s exclusive methodology.
Main Features of the Forex Trading Brokers with High Leverage
- Brand
- Trading platforms
- Minimum deposit
- Regulations
- Trading instruments
- Spreads
- Leverage for Forex CFDs
- Leverage for Crypto CFDs
- Leverage for Indices CFDs
- Deposit methods
- Withdrawal Methods
- Commission per Lot
- Contact details
Choosing a reliable broker is perhaps one of the most important decisions a trader can make. The supported platforms and tools for market analysis, along with the available markets themselves and the maximum leverage you can use, will all significantly affect your overall experience and performance as a forex trader.
Sadly, it has become increasingly difficult for ambitious retail traders in certain locations to find brokers with high leverage limits. Nonetheless, there are options for retail traders out there, and professionals have even more brokers to choose from, as you shall see shortly. On this page, you will also find comparison tables for the best forex brokers offering high-leverage trading. We have ranked them based on several factors, including regulation, spreads and commissions, Trustpilot rating, trading instruments, software, deposit and withdrawal methods.
Forex is one of the best markets for people looking to trade with higher leverage. Even retail traders from regions like the EU or Australia, where the limit is 1:30 for major pairs, have a lot more leverage to work with than those focusing on stocks that offer maximum leverage of 1:5 in these countries. Then there is the fact that the leverage for FX pros is often considerably higher, reaching 1:500, 1:1000 or more. As tempting as using high leverage can be, it is also important for traders to be cautious when necessary and remember that leverage is a double-edged sword as both potential profits and losses can increase dramatically.
How Forex Trading Works for Traders and Brokers
Forex trading involves exchanging one currency for another, and this is done in pairs. There are three main types of currency pairs, the first one being major pairs like EUR/USD and GBP/USD. Another category comprises commodity forex pairs and includes pairs that are strongly correlated with commodities such as crude oil, natural gas, and agricultural resources. Such pairs include CAD/USD and AUD/USD. Finally, we have minor currency pairs like NZD/JPY and SGD/HKD.
If you plan to trade currencies, it is crucial to understand the concept of leverage so that you can use it to your advantage, given that it is the only way to make significant profits as a forex trader. Leverage refers to the money you can borrow from a broker to open larger positions than your capital allows. For instance, if a trader has $5,000 and uses a leverage ratio of 1:5, they can open a position as large as $25,000. The profits they can potentially generate from this trade will be magnified, but the same applies to their potential losses. This is why using leverage carries a considerable risk but this is manageable so long as you are careful.