ACTUAL FOREX TRADING
BECOME A PROFITABLE FOREX TRADER
FOREX BROKERS THAT OFFER HIGH LEVERAGE
"Leverage enables a trader to make high returns, even with the slightest market movements.
It allows a trader to trade with a small account and make big wins. The same can be true of losses, though, so use leverage wisely and avoid trading with emotion"
An advantage of trading Forex over other financial markets is leverage.
Leverage enables a trader to make significant returns with a small amount of capital. Still, it can also result in substantial losses - even more than what you have deposited in your trading account!
Due to a regulatory policy introduced by ESMA, most brokers offer a ratio of 1:30 leverage. A well-funded and sensible trader should only need leverage at most 1:30. If standard leverage suits you, go to my best Forex brokers page.
Using the standard leverage of 1:30 is adequate for most traders. Still, if you need more leverage, I have a list of trustworthy brokers below that offer high-leveraged trading accounts. These brokers take clients from the UK, Canada, India, Australia, and other countries.
If you need to learn more about leverage, read my guide to leverage.
HIGH LEVERAGE BROKERS - UK, Australia, Canada, India
Broker #1 - IC Markets
Leverage: 1:500
Markets: Forex, indices, commodities, stocks, bonds, futures
Regulation: FSA
Office HQ: Cyprus & Seychelles
Takes clients from the UK, Australia, India, and other countries
Summary: IC Markets lacks strong regulation for high-leveraged accounts but has a high reputation and is a broker I trade with. High-leveraged accounts are available as standard. Clients can choose their leverage from 1:1 to 1:500
Broker #2 - IG
Leverage: 1:222 (professional accounts only)
Markets: Forex, indices, commodities, stocks, bonds, cryptocurrencies, ETFs
Regulation: FCA, NFA, CFTC
Office HQ: London, UK
Takes clients from the UK, Australia, India, USA, and other countries
Summary: IG Markets has the best regulation, FCA. It has offices throughout the world. The headquarters is in London, England. Due to strict FCA regulations, IG only offers high leverage on professional trading accounts.
Broker #3 - FP Markets
Leverage: 1:500
Markets: Forex, indices, commodities, stocks, metals, futures, ETFs
Regulation: ASIC, FSA, CySEC
Office HQ: St. Vincent and the Grenadines
Takes clients from the UK, Australia, India, Canada, and other countries
Summary: For Canadian based traders, this is your high-leverage Forex broker. I have no personal trading experience with them - I am based in the UK and don't need to trade with FP Markets - but they are a well-established broker. Their regulation and office location could be a cause for concern.
Open an account with FP Markets - ideal for Canadian traders.
Broker #4 - eToro
Leverage: 1:400 (professional accounts only)
Markets: Forex, indices, commodities, equities, ETFs
Regulation: FCA, CySEC, ASIC
Office HQ: Israel
Takes clients from the UK, Australia, USA, and other countries
Summary: eToro is well-regulated and provides a social trading experience. Their spreads are wide, but the overall trading experience, social trading features, and range of markets make up the difference.
You can only have a high-leverage if you open a professional account.
Broker #5 - Pepperstone
Leverage: 1:500 (professional accounts only)
Markets: Forex, indices, energies, gold, silver, crypto, softs
Regulation: FCA, ASIC, DFSA
Offices: Melbourne, Australia
Takes clients from the UK, Australia, India, and other countries
Summary: Pepperstone is a trustworthy and reliable Forex broker. They are based in Australia but regulated in the UK, UAE, and Australia. You can trade with them through TradingView and other trading platforms. Pepperstone offer increased leverage on professional trading accounts only.
