Following
are the top 10 Forex brokers with high leverage
However, the broker operates within CFTC
regulations that allow US residents to trade with a maximum leverage of 1:50.
Other eToro features that make it one of the best brokerages in the country
include highly advanced technical indicators, trading tools, and market
research analysis tools within their platform. eToro is also accessible via
highly intuitive and user-friendly web trading and mobile platforms, does not
charge trading commissions, and maintains ultra-tight spreads.
2) Forex.com
is on this list mainly because of its relatively attractive leverage of 1:400.
But we also liked the solid reputation of trust and credibility it has
established over the years. After being actively involved in this industry for
nearly two decades, Forex.com has become a market leader and is dominating
various aspects of forex trading.
For example, it hosts one of the highest
number of currency trading pairs (80+). It also has the most advanced and
adaptive trading platforms as well as an extensive collection of technical
analysis and trade automation tools. In addition, the broker hosts a highly
polished industry insider and pro analysts. And they are constantly reviewing
the markets and publishing actionable suggestions on potential market movements
and price actions.
3) CedarFX
bills itself as the original eco-friendly brokerage, offering both a commission
account and an eco account. You can trade a wide variety of financial
instruments through CedarFX, including foreign currencies.
While CedarFX corresponds to a $1 commission
on Eco Accounts, it also offers high-leverage trading, with the help of Ecologi
planting over 100,000 trees to offset its carbon footprint.
You can use free demo accounts to get an idea
of how your trading style works in the current market, and you have leverage
of up to 500:1 for forex trading. To diversify your portfolio, you have access
to 500:1 leverage for precious metals, 200:1 for indices and commodities, 100:1
for cryptocurrencies, and 20:1 for stocks.
Leveraging at a high rate with CedarFX allows
you to speculate as much as you want, shop for growth, short certain currencies
and grow your net worth rapidly.
4) FBS
maintains the highest leverage in the global forex trading industry -
currently set at 1:30. This is one of the most versatile brokers we have come
up with with a unique approach to the industry. It also has a long list of
trading account types, and each one is specifically tailored to a particular
class of traders.
The most popular account types are the
micro-lot trading (CENT) account for beginners, and the high-volume (ECN)
account for scalpers. The broker further takes pride in hosting a vast
collection of trading tools as well as highly effective automated trading
systems. More importantly, forex transactions are commission-free, with spreads
ranging from 0.0 pips for a zero-spread trading account to 3.0 pips for the
least popular forex pairs.
5) AvaTrade
has an established presence in over 150 countries around the world. Thus it
operates under the strict guidance of all major financial regulatory agencies
in Europe, Canada, Japan and Australia. This, as well as the fact that it
offers highly attractive leverage up to 1:400, makes it the broker of choice
for most international traders. Apart from leverage, you also need to keep in
mind that the broker runs one of the most advanced and user-friendly trading
platforms.
Some of the key features availed by the
broker include a professional in-house trading software, Forex API, and
attractive trading strategies – all of which are freely available on the site.
Plus the broker is also one of the few that offers you adjustable trading
algorithms and forex trading APIs that let you automate your trades from
scratch.
6) Pepperstone
Melbourne, Australia based Pepperstone aims to provide traders around the
world with superior technology, low cost spreads and a genuine commitment to
traders.
Pepperstone offers 500:1 leverage for Forex
in ASICs, 50:1 in its DFSA jurisdiction and 30:1 in its FCA jurisdiction. This
means that for every $1 in your trading account, you can trade $500 under
ASICs, $50 under DFSAs and $30 under FCAs in the Forex market.
Access Pepperstone's platform, available on
Windows and Mac OS, iOS and Android for mobile and tablet, and its web app,
WebTrader for desktop. You can also use MetaTrader 4 and MetaTrader 5 or
cTrader. You can also tap into some of the social trading platforms - Myfxbook,
MirrorTrader and RoboX.
7) IG
: At 500:1 leverage, IG is another broker that allows you to bet on currencies
from around the world. IG offers the high leverage you need to grow your
profits quickly, but the platform makes the process as simple and profitable as
possible for investors:
80 currency pairs to choose from
0.8 pips. very tight spreads starting from
Heavy liquidity
Open 24 hours a day, 5 days a week
Take advantage of the platform's simplicity
and leverage options to diversify your portfolio without having to invest all
your cash at once.
8) XM
Global ranks in the list of most reputed online trading brokerages. Here,
traders are treated with a highly attractive leverage of 1:888. Not to mention
that they also offer the most comprehensive list of trading pairs and other
financial investment products. And these can be executed in one of their many
retail client trading accounts which cater to both beginners and expert
traders.
However, note that 1:888 leverage is only for
the U.S. and available to international merchants operating outside Europe. XM
Not available in the United States, but operates in Europe through a proxy -
XM-UK. And in this FCA controlled financial district, leverage is limited at
1:30. Additionally, traders are treated with ultra-tight spreads of up to 0.6
pips for all major trading pairs. You may also be interested to note that all
X.M. The trading platforms are expert advisor friendly. A 50%+20% bonus on your
initial deposit will also be considered when your trading account is verified.
9) Forex
Capital Markets (FXCM) is another great option for experienced forex
traders. This broker offers leverage levels ranging from 1:50 to 1:500.
This brokerage supports several third-party
trading platforms such as ZuluTrade and MetaTrader 4. This platform diversity
gives you access to an abundance of drawing tools and technical indicators.
One downside is the broker's inactivity fee,
but this is only applicable if your account has been inactive for more than a
year.
10) Interactive
Brokers caters well to experienced active traders, offering levels up to
400:1. The brokerage offers very efficient order execution thanks to its IB
Smart Routing technology. Its mobile trading platform is well supported on all
devices. Beginners may find it difficult to use as it is aimed at experienced
traders.
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