Best high leverage Forex brokers

High leverage ratios is one of the reasons so many people are attracted to trading forex. Leverage in the forex market typically ranges from 50:1 to 200:1. This is significantly higher than the 2:1 leverage that is commonly offered on equities and the 15:1 leverage provided in the future markets.

Choose your quick section of our top high leverage Forex brokers below.

Our 6 Best High Leverage Forex Brokers of 2021:

Here is a list of global forex brokers that offer very high leverage to retail traders.

3500:1 maximum leverage

Capital Street FX

3000:1 maximum leverage

FBS

JustForex

2000:1 maximum leverage

RoboForex

Exness

FXTM

1000:1 maximum leverage ** Serious regulation

Binary.com

Deriv

Fibo Group

HotForex

NordFX

Tifia

Anzo Capital

Some of these brokerages may not be available to traders in certain countries like the United States and United Kingdom because they act outside of jurisdictions that impose restrictions on very high leverage.

Anzo Capital

3500:1 maximum leverage

Regulated by Financial Services Commission (FSC), Mauritius

Capital Street Intermarkets Limited is a global forex and CFDs brokerage. Launched in 2008, the Mauritius-based is fully licensed and regulated by the Financial Services Commission (FSC).

Capital Street FX is focused on the newest and fastest-developing investment regions around the world, including the Middle East (Dubai), Mainland Africa, South East Asia (India, Pakistan and Bangladesh). Its product range includes forex, cryptocurrencies and CFDs for stocks, bonds and indices.

FBS

3000:1 maximum leverage

Regulated by the Cyprus Securities and Exchange Commission (CySEC)

FBS is an award-winning global forex and CFDs brokerage. Founded in 2009, the Cyprus-based company is operated by Tradestone Ltd and regulated by the Cyprus Securities and Exchange Commission (CySEC). The global branch is run by FBS Markets Inc and regulated by the International Financial Services Commission of Belize (IFSC).

Users are offered five different trading accounts and access to multiple asset classes, including forex and CFDs on stocks, indices, precious metals and energies. FBS is a MetaTrader broker and also offers a proprietary platform for social trading called FBS CopyTrade.

JustForex

3000:1 maximum leverage

Regulated by the Financial Services Authority (FCA) of St Vincent and the Grenadines government.

JustForex is a global retail forex and CFDs brokerage. Founded in 2012, it operates out of Saint Vincent and the Grenadines in the Caribbean. The customer-centric brokerage provides clients access via two MetaTrader platforms to multiple asset classes, including forex, cryptocurrencies and CFDs on precious metals, energies and stock indexes and bond indexes.

FBS is well regarded for its low spreads, speedy withdrawals and deposits with 0% fees and excellent customer support. JustForex is a MetaTrader broker and supports social trading through MQL5 signals.

RoboForex

2000:1 maximum leverage

Regulated by the International Financial Services Commission (IFSC), Belize

RoboForex is a global online trading platform offering access to multiple assets, including forex, cryptocurrencies and CFDs on stocks, indices and commodities. It offers competitive tight spreads and is known for its very fast order execution. RoboForex LTD is a member of the RoboMarkets/RoboForex Group that also includes RoboMarkets LTD and RoboMarkets LLC. Known for its innovative drive, RoboForex developed trading platforms especially for its clients in addition to offering the most popular trading platforms in the industry.

Exness

2000:1 maximum leverage

Regulated by the Financial Conduct Authority (FCA) (UK), Cyprus Securities and Exchange Commission (CySEC) and Financial Services Authority (FSA) (Seychelles)

Exness is a leading global forex and CFDs retail broker that offers access to multiple asset classes, including forex, cryptocurrencies and CFDs on indices, stocks, precious metals and energies. Exness is a MetaTrader broker and also offers a cutting-edge social trading platform for investors and copy traders.

Founded in 2008, the Cyprus-based brokerage has experienced outstanding growth since it came to market and has a monthly trading volume in excess of 325 billion USD. It has a reputation for its game-changing innovations and excellent customer support.

FXTM

2000:1 maximum leverage

Regulated by the Financial Conduct Authority (FCA) in the UK, the Cyprus Securities and Exchange Commission (CySEC) in Europe, the Financial Services Commission (FSC) in the Republic of Mauritius and the Financial Sector Conduct Authority (FSCA) in South Africa.

ForexTime Limited (FXTM) is a well-established multi-asset retail broker that was founded by the owner of Alpari International. FXTM clients have access to multiple asset classes and the choice of the MetaTrader 4, MetaTrader 5 and WebTrader trading platforms. Financial instruments included in its product range are forex, cryptocurrencies and CFDs on commodities, indices, futures and shares.

Founded in 2011, FXTM is one of the most successful brands operating within Exinity Group. The Group has a global network of offices and regulations that spans Europe, Africa, Asia and Latin America. It has already attracted over 3 million clients across 180 countries.

FAQs

What is leverage?

Leverage in forex trading is the ability to buy and sell foreign currencies online through a broker while only putting up a fraction of the amount needed to open a trade.

Example: 50:1

50:1 leverage means that for every $1 you have in your trading account, you can place a trade worth up to $50. If you deposited $500, you would be able to trade amounts up to $25 000 on the forex market.

Example: 1000:1

1000:1 leverage means that for every $1 you have in your trading account, you can place a trade worth up to $1000. If you deposited $500, you would be able to trade amounts up to $500 000.

How to choose the best leverage for forex trading

The best leverage for forex trading depends on the amount of money that you have available that you are willing to risk losing. The general view is a leverage ratio of 100:1 to 200:1 is the best leverage for intermediate to advanced forex traders.

The best leverage ratio for beginner traders is 1:1 to 10:1. The most common mistake beginner traders make is trading with a leverage ratio that is too high. It’s strongly recommended that you trade with a lower ration until you have become more experienced in forex trading.

Trading with too high a leverage ratio is one of the most common errors made by new forex traders. Until you become more experienced, we strongly recommend that you trade with a lower ratio.

Can you trade forex without leverage?

Yes, you are allowed to trade forex without leverage. In this case, your leverage ratio will be 1:1. However, in reality, it’s unlikely you’ll make a serious profit using this risk-adverse strategy.

Why is forex leverage so high?

High leverage ratios is one of the reasons so many people are attracted to trading forex. Leverage in the forex market typically ranges from 50:1 to 200:1. This is significantly higher than the 2:1 leverage that is commonly offered on equities and the 15:1 leverage provided in the future markets.

The reason why forex market makers offer such high leverage is because leverage is a function of risk. If your account is properly managed, the risk is very manageable. The brokers would not offer leverage otherwise. Another reason is the spot cash forex markets are so large and liquid, it’s much easier for traders to enter and exit a trade than other less liquid markets. 

Why is leverage a double-edged sword?

One thing you’ll hear often about trading forex is leverage is a double-edged sword. This means trading forex with leverage can have both favourable and unfavourable consequences.

Leverage amplifies profits but it also magnifies losses when trading forex. The higher the leverage on the money you trade with, the higher the risk you will take on. This is because leverage increases how much money you make or lose on positions equally.

It is essential that you consider your appetite for risk when taking on leverage to trade forex. Remember, a brokerage cannot force you to trade with leverage.

If you do trade with high leverage as many of the top traders do, make use of stop orders to limit the downside risk. Experts recommend risking no more than 1 percent of the account equity on any single trade and no more than 5 percent of the account equity for all open trades at any point in time.

Example

If you make a trade with a mini trading lot of $10 000, each pip would be worth around $1. If you gain 5 pips and traded with $50 of your own money, you will make a 10 percent return. If you lose 5 pips, you will make a 10 percent loss.

Who trades forex with very high leverage?

Very high leverages attract forex traders who employ aggressive trading strategies or those who need to open a large number of trades simultaneously. Interestingly, professional traders usually trade with very low leverage. Many professional traders will use leverage ratios of 10:1 or 20:1.

Keeping their leverage lower helps professional traders to protect capital they are trading with on behalf of clients. It also keeps their returns consistent. In general; the less leverage you use, the better in the long run.

Forex Trading Africa Disclaimer

Trading forex carries a high level of risk of  losing money and may not be suitable for all investors. Before deciding to trade forex, you should carefully consider your investment objectives, level of experience and appetite for risk. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money in forex trading that you cannot afford to lose.

Forex Trading Africa will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Any opinions, news, research, analyses, prices or other information contained on Forex Trading Africa’s website is provided as general market commentary and does not constitute investment advice.

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