Best High Leverage Forex Brokers

Our list of the highest leverage forex broker by regulator is.

  • Pepperstone - The Best Australian High Leverage Broker
  • BlackBull Markets - The Best High Leverage NZ Forex Broker
  • Plus500 - The Best High Leverage Forex Broker in Singapore
  • Axi - The Highest Dubai and UAE Forex Broker
  • FXTM - The Highest Leverage Forex Broker Overall
  • ThinkMarkets - The Best High Leverage UK Forex Broker
  • Markets.com - The Highest Leverage EU Forex Broker
  • IG Group - A Good Margin Trading FX Broker in Germany
  • OANDA - A Top FX Broker In USA To Trade Leverage Products
  • FOREX.com - The Best Forex Broker In Canada With Gearing
Broker Our Rating Regulation Standard
EUR/USD Spread
Standard
GBP/USD Spread
Standard
AUD/USD Spread
Raw
EUR/USD Spread
Raw
GBP/USD Spread
Raw
AUD/USD Spread
Commissions
(USD Base)
MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
98 ASIC, FCA
CySEC, DFSA
1.12 1.69 1.22 0.10 0.60 0.30 $3.50 77ms $0 62+ 12+ 30:1 500:1 Visit Site
72 FMA, FSA 1.20 1.4 1.7 0.23 0.72 0.65 $3.00 72ms $0 64+ 11+ 500:1 500:1 Visit Site
57 ASIC, CySEC, MAS
FCA, FMA, DFSA
EFSA, FSA, FSCA
1.70 2.3 1.4 - - - - 140ms $100 71+ 15+ 30:1 300:1 Visit Site
62 FCA, FSCA, CySEC
FSCM, CMA
1.9 2 2 0.0 0.0 0.5 $2.00 160ms $500 63+ - 30:1 300:1 Visit Site
68 FCA, FSCA
ASIC, FSA-S, CySEC
1.1 1.3 1.1 0.1 0.3 0.2 $3.50 161ms $0 46+ 21+ 30:1 500:1 Visit Site
67 ASIC,FCA
,DFSA,FMA
1.2 1.3 1.3 0.44 0.85 0.42 $3.50 90ms $0 72+ 11+ 30:1 400:1 Visit Site
71 ASIC, FCA, BaFin
FINMA, NFA/CFTC, MAS
CySEC, DFSA, FMA
JFSA, BMA, FSCA
1.13 1.66 1.01 0.16 0.59 0.29 $6.00 174ms $450 100+ 12+ 30:1 200:1 Visit Site
81 FCA, CIRO, ASIC
MAS, JFSA, FSC-BVI
KNF, NFA/CFTC, MFSA
0.6 0.9 0.7 - - - - - $0 70+ 4+ Visit Site
61 FCA, CySEC, CIMA
NFA/CFTC, CIRO, JFSA
1.2 1.6 1.4 - - - $6.00 30 ms (May 2023) $100 80+ 8+ 30:1 400:1 Visit Site
58 ASIC, FCA, CySEC
FSCA, FSC BVI
1.6 1.6 1.9 - - - - 150ms $100 54+ 24+ 30:1 300:1 Visit Site
 

What Forex Brokers Have The Highest Leverage?

Leverage involves borrowing capital to gain a larger exposure to the Foreign exchange market. With it, comes inherent risk as the more leverage you expose yourself to, the more you risk losing, potentially. Saying all that, we have come up with a list of the best high-leverage forex brokers, based on a series of trading factors.

1. Pepperstone The Best Australian High Leverage Broker

Pepperstone

Forex Panel Score

98

Average Spread

EUR/USD = 0.1
GBP/USD = 0.4
AUD/USD = 0.2

Trading Platforms

MT4, MT5, cTrader, TradingView, Capitalise.ai

Minimum Deposit

$0

Why We Recommend Pepperstone

We recommend Pepperstone as the best Australian high-leverage forex broker offering the maximum 30:1 leverage for forex trading. This was based on our comprehensive analysis, comparing the top ASIC-regulated brokers and focusing on currency pairs, spreads, commissions, and trading platform features.

While a handful of forex brokers from IC Markets to CMC Markets also offered 30:1 leverage, overall, we determined Pepperstone as the top high-leverage forex broker in Australia due to a combination of these key trading factors.

Pros & Cons

  • Retail leverage of up to 400:1
  • Powerful trading platforms
  • Super competitive spreads
  • Only offers third-party platforms
  • No trading on physical assets
  • U.S. clients not accepted

Broker Details

The Best Australian High Leverage Broker

The best ASIC-regulated forex broker offering the maximum 30:1 leverage for trading forex is Pepperstone. This was based on comparing the top 2024 ASIC-regulated brokers and focusing on currency pairs, spreads, commissions, and forex trading platform features. While a handful of forex brokers from IC Markets to CMC Markets also offered 30:1 leverage, it was these other criteria that led Pepperstone to be determined as the best.

Instrument Traded Pepperstone Leverage IC Markets Leverage IG Markets Leverage CMC Markets Leverage EasyMarkets Leverage Plus500 Leverage
Forex (Major/Minors) 30:1/20:1 30:1/20:1 30:1/20:1 30:1/20:1 30:1/20:1 30:1/20:1
Major Index CFDs/Minor Index CFDs 20:1/10:1 20:1/10:1 20:1/10:1 20:1/10:1 20:1/10:1 20:1/10:1
Share CFDs 5:1 5:1 5:1 5:1 5:1
Commodities/Gold 10:1/20:1 10:1/20:1 10:1/20:1
10:1/20:1 10:1/20:1 10:1/20:1
Cyptocurrency 2:1 2:1 2:1 2:1 2:1 2:1
Bonds 5:1
Futures 5:1
ETF 5:1 5:1
Treasuries 5:1

Why Pepperstone Is the Recommended High Leverage Forex Broker In Australia

In forex trading, high leverage means you have to put in a small amount of capital to open a position. This capital is referred to as margin requirements. Among the high-leverage brokers in Australia, Pepperstone offers the most competitive leverage trading conditions:

  • Raw spreads with no markups (average EUR/USD spread of 0.1 pips)
  • 4 Powerful trading platforms (MetaTrader 4, MetaTrader 5, cTrader, and TradingView)
  • Advanced trading tools (Autochartist)
  • Average limit order execution speeds of 77 milliseconds
  • ECN pricing model

Pepperstone Spread Comparison

Below we compare the top currency pairs (forex pairs) that Australian forex traders trade. It shows how Pepperstone has superior spreads across the most popular forex pairs.

Pepperstone 2023 Spreads
0.20 1.00 0.40 0.60 0.10
0.17 0.30 0.14 0.25 0.02
0.20 0.50 0.20 0.30 0.10
0.20 N/A 0.20 0.30 0.20
0.42 0.30 0.20 0.83 0.44
0.30 0.68 0.24 N/A 0.17
0.40 0.70 0.30 0.70 0.20
0.50 0.80 0.30 1.10 0.10
0.50 0.40 n/a 0.30 n/a
1.23 1.23 0.77 1.41 0.44

Avg. spreads are taken from each broker's website and updated monthly. Last update on 02/01/2024

With a minimum deposit of USD 200, Pepperstone clients can control USD 100,000 in buying power.
pepperstone products
Pepperstone Margin Calculator

Pepperstone offers a proprietary margin calculator that helps forex traders work out the margin required to open and hold a position. The margin calculator can be accessed directly from the Secure Client Area, under the Trading Tools tab.

The calculation of the initial margin requirements relies on 4 factors:

  • Instrument traded
  • Account leverage
  • Size of trade (number of lots traded)
  • Account currency

Margin Requirements
Negative Balance Protection

Pepperstone offers negative balance protection to help prevent losses exceeding a trader’s account balance to improve your trading experience. Pepperstone uses an automated stop-out policy with different stop-out levels depending on the platform used:

  • For MT4/MT5 accounts – all open positions are closed if the margin level drops below 20%
  • For cTrader accounts – all open positions are closed if the margin level drops below 50%

In theory, this should prevent incurring a negative balance. However, in volatile markets, you can still see your account balance dropping into negative territory. In this case, Pepperstone might wave negative balances “on a case-by-case basis.”

Verdict On Pepperstone For Australian High Leverage Traders

The CFD Broker Pepperstone offers 30:1 leverage for forex trading which is the highest level of any ASIC-regulated forex broker. It also offers high leverage on other CFDs including indices, shares, commodities, and cryptocurrencies.

Pepperstone offers 30:1 leverage, low spreads and advanced tools.

With the best forex trading platforms offered from MetaTrader 4 to cTrader and fast execution speeds, Pepperstone is the best forex broker for scalping, intermediate or expert Australian forex traders in Australia.

View Pepperstone ReviewVisit Pepperstone

2. BlackBull Markets The Best High Leverage NZ Forex Broker

BlackBull Markets

Forex Panel Score

72

Average Spread

EUR/USD = 0.23
GBP/USD = 0.72
AUD/USD = 0.65

Trading Platforms

MT4, MT5, cTrader, TradingView, BlackBull CopyTrader

Minimum Deposit

$0

Why We Recommend BlackBull Markets

Blackbull Markets is our top New Zealand broker that offers the highest leverage of 500:1.
Unlike countries like Australia (ASIC), Europe (CySEC), and the UK (FCA) where leverage caps of 30:1 are imposed, NZ forex brokers can offer significantly higher leverage to you as a retail trader.

This is because, in New Zealand, the Financial Markets Authority (FMA) have a different set of trading rules.

We also like BlackBull Markets’ fast execution speeds (which we tested), diversity of trading platforms and solid range of trading products.

Pros & Cons

  • Highest leverage of 500:1
  • Fast execution speeds
  • Great range of trading platforms
  • Spreads wider than average
  • Limited educational resources
  • Only regulated in two jurisdictions

Broker Details

The Best High Leverage NZ Forex Broker

Blackbull Markets is a New Zealand broker that offers high leverage of 500:1. In New Zealand, the Financial Markets Authority (FMA) regulates brokers and financial markets.

Unlike countries like Australia (ASIC), Europe (CySEC), and the UK (FCA) where leverage caps of 30:1 are imposed, NZ forex brokers can offer significantly higher leverage to retail traders.

Blackbull Benefits CFD Trading High Leverage Forex Brokers

When trading with Blackbull, the leverage you can trade forex with depends on your equity balance. A tiered leverage system is in place:

  • 500:1 leverage if your account balance is less than $50,000
  • 200:1 leverage if it’s between $50,001 – $100,000
  • 100:1 leverage if your equity is over $100,001

ECN Trading Conditions

BlackBull is a popular high-leverage broker in NZ thanks to its institutional-grade trading conditions. With no dealing desk interference and execution powered by the Equinix Data Center, the broker provides an ECN-style trading environment.

You can choose from a range of account types that have different pricing structures and initial minimum deposit requirements.

  • ECN Standard Account: Minimum deposit of US$0, spreads from 1.2 pips commission-free.
  • ECN Prime Account: Minimum deposit of US$2,000, spreads from 0.23 pips + a commission fee of $3.5 per side.
  • ECN Institutional: Minimum deposit of US$20,000, spreads from 0.0 pips + a commission fee that is negotiable depending on your trading volume.

Blackbull Markets Account Types

 

For traders following Sharia Law, Blackbull offers a swap-free, Islamic account with either Standard or Prime pricing.

BlackBull Forex Trading Features

To supplement its competitive trading environment and pricing, the broker allows you to use MetaTrader 4 (MT4) or MetaTrader 5 (MT5). When trading on either platform, you can utilize the following trading tools and features:

  • Risk management tools with different order types
  • Social trading tools, including Myfxbook
  • Advanced technical analysis tools
  • Automated trading with Expert Advisors (EAs)
  • Desktop trading or web trader platforms
  • Mobile trading apps for both iOS and Android devices
  • Minimal slippage with ECN and STP processing

blackbull markets trading platforms

Our Verdict On BlackBull As A NZ High Leverage Brokers

When trading with an FMA-regulated broker in New Zealand such as Blackbull, you can access high leverage of 500:1. Blackbull’s high forex leverage combined with excellent trading conditions and platforms makes the broker a great option for Kiwi traders.

3. Plus500 The Best High Leverage Forex Broker in Singapore

Plus500

Forex Panel Score

57

Average Spread

EUR/USD = 1.7
GBP/USD = 2.3
AUD/USD = 1.4

Trading Platforms

Plus500 Trading Platform

Minimum Deposit

$100

Why We Recommend Plus500

We picked Plus500 as our best high-leverage forex broker in Singapore. In Singapore, the Monetary Authority of Singapore (MAS) enforces leverage caps, with Plus500 able to offer a maximum of 20:1 when forex trading.

We like the global online broker for its user-friendly Plus500 trading platform, commission-free forex spreads and guaranteed stop-loss orders (GSLOs), which is why we recommend the broker for beginners.

Pros & Cons

  • Best high-leverage broker in SG
  • Simple Plus500 trading platform
  • Good risk management tools
  • Doesn’t offer ECN trading
  • Limited trading tools available
  • Wider-than-average spreads

Broker Details

The Best High Leverage Forex Broker in Singapore

Plus500 is a top broker regulated by the Monetary Authority of Singapore (MAS). In Singapore, MAS enforces leverage caps, with Plus500 able to offer a maximum of 20:1 when forex trading. The global broker is a market maker and therefore only offers one account type with no commission forex spreads.

Plus500 Forex Trading High Leverage Forex Brokers

To open a trading account with Plus500, you are required to make an initial minimum deposit of US$100. Once you’ve set up your account, you’ll be able to access the broker’s diverse selection of over 2,000 CFDs that cover seven different asset classes. Plus500 offers the maximum leverage permitted by MAS, yet leverage caps vary between asset classes.

  • Forex pairs 20:1
  • Indices 20:1
  • Shares 10:1
  • Commodities 5:1
  • Options 5:1
  • Cryptocurrency 2:1

Plus500 Share CFD Trading High Leverage Forex Brokers
Trading Forex and CFDs with Plus500

The broker’s proprietary platform is available as mobile apps for Apple and Android devices, as well as a desktop trading platform for Windows and a web trader platform via your browser.

Plus500 Platforms Trading High Leverage Forex Brokers

Plus500 offers a range of risk management features ranging from guaranteed stop-loss orders (GSLOs) to negative balance protection. Additionally, various trading tools are free to use, such as customizable alerts, market news, economic calendar, and educational resources online.

Plus500 Risk Management Trading High Leverage Forex Brokers
Our Verdict On High Leverage Brokers in Singapore

Plus500 is one of Singapore’s most popular forex brokers thanks to being licensed and regulated by MAS, offering strong risk management tools and the maximum leverage available in Singapore (20:1).

To start trading leveraged products with Plus500, you will need to make an initial minimum deposit of 100 USD. Free demo accounts are also available to practice trading strategies.

4. Axi The Highest Dubai and UAE Forex Broker

Axi

Forex Panel Score

67

Average Spread

EUR/USD = 0.44
GBP/USD = 0.85
AUD/USD = 0.42

Trading Platforms

MT4

Minimum Deposit

$0

Why We Recommend Axi

Among the best Forex brokers under DFSA regulation, our team of industry experts recommends Axi (formerly AxiTrader) for leverage trading in Dubai and the UAE.

Under current legislation, the Dubai Financial Services Authority (DFSA), offers a maximum leverage for retail traders of 1:30 on all currency pairs.

We also like Axi for its fast limit order speed of 90 ms and its solid range of 72 forex pairs available to trade.

Pros & Cons

  • 72 forex pairs to trade
  • Fast limit order execution speed
  • $0 minimum deposit requirement
  • Spreads could be tighter
  • Limited range of platforms
  • Inactivity fees apply

Broker Details

The Highest Dubai and UAE Forex Broker

Among the best Forex brokers under DFSA regulation, our team of industry experts recommends Axi for leverage trading. AxiCorp Financial Services Pty Ltd (DIFC) is an entity registered in Dubai and regulated by the DFSA.

Under current legislation by the Dubai Financial Services Authority (DFSA), the regulatory body that operates within the Dubai International Financial Center (DIFC), the maximum leverage for retail traders is limited to 1:50 on major currency pairs and 1:50 on minor and exotic forex pairs.

Best MT4 Trading Platform Solution

Axi’s MetaTrader 4 software is based on superior network technology, which significantly reduces latency and increases the broker’s system refresh speed. MetaTrader 4 trading platform’s real-time pricing enables Forex traders to closely track the movement of a particular market. The broker’s MT4 software comes with the following advantages:

  • FX quotes sources directly from 20 independent market makers
  • ECN-style technology
  • Automated trading via Expert Advisors
  • Access to the Autochartist market scanner

With Axi, UAE-based retail clients can access the Forex market and other segments through two main account types – Standard and Pro Accounts, while there is no minimum deposit requirement. A comparison of trading conditions offered on both accounts is presented below.

axitrader account types international

Before they start trading on a live account, UAE-based retail clients can practice on a free, 30-day trial Demo account with $50,000 of virtual funds.
Forex Trading Dubai
Axi UAE MetaTrader 4 Leverage Limits

Axi offers more than 100 financial instruments on its MetaTrader 4 platform, including:

  • Foreign Exchange – 80 currency pairs traded with leverage of up to 1:50 valid for retail clients
  • Cryptocurrencies – retail clients can trade Bitcoin with leverage of up to 1:10
  • Commodity CFDs – 10 contracts traded with leverage of up to 1:50
  • CFDs on Stock Indices – 11 contracts traded with leverage of up to 1:50

UAE-based professional traders are granted access to considerably higher leverage ratios for CFD trading – up to 1:500.

Our Verdict On High Leverage Brokers in Dubai

Overall, UAE forex traders can find competitive leverage trading conditions with Axi. On the downside, the DFSA-regulated brokers aren’t mandated to provide negative balance protection. However, the Axi platform comes with advanced risk tools like guaranteed stop-loss orders to protect your bottom line.

5. FXTM The Highest Leverage Forex Broker Overall

FXTM

Forex Panel Score

62

Average Spread

EUR/USD = 0
GBP/USD = 0
AUD/USD = 0.5

Trading Platforms

MT4, MT5

Minimum Deposit

$10

Why We Recommend FXTM

We recommend FXTM because it offers the highest leverage of any forex broker in the industry. This is because FXTM is regulated by The Financial Sector Conduct Authority (FSCA) in South Africa, which allows brokers to offer leverage of up to 1:2000, four times higher than other tier-1 brokers around the world.

We also like FXTM for offering both MT4 and MT5, its unique social copy platform, FXTM Invest and the broker’s excellent educational resources.

Pros & Cons

  • Highest leverage of 1:2000
  • Both MT4 and MT5 offered
  • Good for copy trading
  • Limited funding methods
  • Product range could be bigger
  • Wide Standard account spreads

Broker Details

The Highest Leverage Forex Broker Overall

The Financial Sector Conduct Authority (FSCA) is the South African regulator and allows brokers to offer the highest leverage worldwide. FXTM offers maximum leverage of 1:2000 which is four times higher than other tier-1 brokers around the world. HotForex is another high-margin FSCA broker with 1:1000 leverage. South African FSCA-regulated brokers can offer extremely high leverage similar to offshore jurisdictions like Mauritius (FSC) or Seychelles (FSA).

With FXTM, South African clients can select from three Standard accounts and three ECN accounts. The Standard accounts feature only a bid-ask spread and no trading commissions and are suitable for novice traders. The ECN accounts feature much lower bid-ask spreads, charge a small trading commission, and are suitable for experienced traders.

Leverage Standard Account Cent Account Stock CFD Account ECN Account ECN Zero Account Pro Account
Maximum Leverage 1:2000 1:2000 1:2000 1:2000 1:2000 1:200
Minimum Deposit $100 $10 $100 $500 $200 $25,000
Spreads from 1.3 pips 1.5 pips 0.1 points 0.1 pips 0.1 pips 1.5 pips
Commissions 0% Commission 0% Commission 0% Commission $4.0 round-turn 0% Commission 0% Commission
Trading Platform MT4 MT4 MT4 MT4 and MT5 MT4 and MT5 MT4 and MT5
Margin Call 80% 80% 80% 80% 80% 80%
Stop Out 50% 50% 50% 50% 50% 50%

FXTM Forex Leverage

South African retail traders have a choice of more than 63 major, minor and exotic pairs with flexible leverage from 1:1 to 1:2000 and trade size from USD 0.1 per pip (micro lots).

The leverage ratios available for exotic pairs are capped to lower limits as follows:

  • NOK and SEK crosses have a maximum leverage of 1:50 and a maximum trade size of up to 50 standard lots
  • For bigger trade volume the NOK and SEK crosses have a maximum leverage of 1:25
  • HKD crosses have a maximum leverage of 1:25
  • ZAR crosses have a fixed leverage of 1:25
  • TRY and CZK crosses have fixed leverage of 1:3 respectively 1:5

Additionally, FXTM offers a forex margin calculator, which is an essential risk management tool used to determine the appropriate position size.

Forex Margin Calculator
Our Verdict On High Leverage Brokers in South Africa

Overall, trading forex with FXTM comes with the best margin-based leverage conditions. There is also a very low barrier to entry in the foreign exchange market with a minimum deposit of USD 10. From time to time South African traders can expect very “lucrative bonuses and promotions” that can boost their account balance.

6. ThinkMarkets The Best High Leverage UK Forex Broker

ThinkMarkets

Forex Panel Score

70

Average Spread

EUR/USD = 0.1
GBP/USD = 0.3
AUD/USD = 0.2

Trading Platforms

MT4, MT5, ThinkTrader

Minimum Deposit

$0

Why We Recommend ThinkMarkets

ThinkMarkets is our choice for the best high leverage FCA-regulated forex broker, in the UK.

Like a lot of forex brokers, ThinkMarkets limits leverage to a maximum of 1:30 for retail traders. Where the broker stands out for us is its low RAW spreads, which are tight across the board at 0.20 pips for the 5 major currency pairs.

We also like ThinkMarkets’ platform range, which includes both MT4 and MT5 as well as the broker’s own excellent platform, Thinkorswim, a favourite of ours.

Pros & Cons

  • Competitive spreads
  • Solid platform range
  • Good range of funding methods
  • Slow execution speeds
  • $500 minimum deposit for RAW
  • Only 46 forex pairs to trade

Broker Details

The Best High Leverage UK Forex Broker

The best FCA-regulated UK high-leverage forex broker is ThinkMarkets. It should be clarified that the Financial Conduct Authority (FCA) limits leverage for all retail traders including:

  • Major Currency Pairs – maximum leverage of 1:30, margin requirements of 3.33%
  • Minor and Exotic Currency Pairs – maximum leverage of 1:20, margin requirements of 5%
  • Gold and Major Stock Indices – max leverage of 1:20 (5% margin level)
  • Other Metals and Commodity CFDs – leverage of up to 1:10 (10% margin level)
  • Shares CFDs – leverage of up to 1:5 (20% margin level)
Leverage Retail Pro
Forex - Major 30:1 500:1
Forex - Minor 20:1 500:1
Indices 20:1 200:1 (South Africa Zar40 is 100:1)
Energy 10:1 200:1
Metals 10:1 - 20:1 400:1
Shares CFD Mostly 5:1 10:1 to 20:1
Futures 10:1 33:1 to 200:1

ThinkMarkets offers the maximum FCA leverage and these features:

  • Trading 6 different markets
  • Powerful trading platforms (MT4, MT5, ThinkTrader)
  • 2 main account types: Standard (commission-free trading) and ThinkZero (raw spreads)

thinkmarkets account types international

The broker also offers a free Demo Account, which can be configured either as a Standard Account or as a ThinkZero Account.

Retail vs Professional Clients Leverage Limits

ThinkMarkets’ CFD product offering includes more than 1,200 instruments, including:

  • Foreign Exchange – a total of 40 Forex pairs. Retail clients can trade major pairs such as EUR/USD or GBP/USD with a maximum leverage of 1:30, minor pairs such as AUD/CAD or GBP/NZD with max leverage of 1:20 and exotic pairs such as EUR/NOK or USD/MXN with leverage of up to 1:20. Professional clients are granted access to higher leverage ratios on all Forex pairs, which is mostly 1:500. There are certain exceptions – the highest leverage allowed on USD/CNH or USD/TRY for professional traders is 1:100, while the highest leverage allowed on USD/ZAR, EUR/ZAR, GBP/ZAR, EUR/PLN and EUR/CZK is 1:250
  • CFDs on Stocks and ETFs – a total of over 1,500 contracts. Retail traders can access Equities and ETFs with a maximum leverage of 1:5, while professional clients – with leverage of up to 1:20
  • CFDs on Stock Indices – a total of 15 contracts. Retail clients can access max leverage of 1:20, while professional traders – 1:200
  • Energy CFDs – a total of 3 contracts. Retail clients can trade WTI Crude Oil or Brent Oil with leverage of up to 1:10, while the highest leverage allowed for professional traders is 1:200
  • Metals CFDs – a total of 7 contracts. Retail clients can trade Gold with a maximum leverage of 1:20 and Silver with 1:10, while professional traders are granted access to higher leverage – 1:400

think markets products international

The eligibility criteria for professional clients include:

  • 40 trades of significant size opened during the past 12 months
  • A financial portfolio of over EUR 500,000
  • Work experience in the financial sector

Our Verdict On ThinkMarkets For UK High Leverage Trading

Overall, ThinkMarkets gives the best trading conditions for UK traders. The cost to start trading with ThinkMarkets is attractively low and suitable for beginners with a $0 minimum deposit. Retail clients can also fund their live accounts using a crypto wallet BitPay which supports Bitcoin, Ether, and Bitcoin Cash.

7. Markets.com The Highest Leverage EU Forex Broker

Markets.com

Forex Panel Score

58

Average Spread

EUR/USD = 0.6
GBP/USD = 0.6
AUD/USD = 1.8

Trading Platforms

MT4, MT5, Markets.com Trading App

Minimum Deposit

$100

Why We Recommend Markets.com

Markets.com is our pick as the best European high leverage forex broker, offering up to 30:1 leverage on major forex pairs. We like the broker’s choice of platforms, which includes both MetaTrader platforms and the broker’s own, Marketsx trading app.

Lastly, we gave Markets.com a high trust score of 7/10 (although the broker isn’t regulated by CIRO in Canada) and funding method score of 8/10, including 11 base currencies to fund your account with.

Pros & Cons

  • Commission-free spreads
  • Good range of funding methods
  • Good platform selection
  • Wider spreads than average
  • No ECN/RAW account
  • Average execution speeds

Broker Details

The Highest Leverage EU Forex Broker

Markets.com is the best European high-leverage CySEC-regulated forex broker. They have a massive range of markets available to traders that are constantly expanding. Our experts have identified these to be some main features of the platform:

  • Commission-free trading with tight spreads
  • Choice of Markets.com, MT4, and MT5 platforms.
  • Leverage of up to 30:1 on major forex pairs for retail traders

Markets.com spreads and products

Market.com offers a wide range of products in Europe and the UK. They are a market maker or dealing desk with no commission trading costs as they are integrated into the spreads. Despite this, they still have very competitive spreads, the below table shows selected live spreads we observed as part of our review. These spreads can change and may be higher at a different time but appear very competitive.

Markets.com spreads

Along with competitive spreads, Markets.com offers an excellent choice of financial instruments for trading.

  • 67 Forex pairs – Including 7 Majors, 28 Minors
  • More than 2000 CFD stock shares
  • 28 Commodities – Including Gold, Silver, Natural gas
  • 25 Cryptocurrencies
  • 66 ETFs
  • 40 Index funds

financial instruments with Markets.com
Markets.com Leverage

Markets.com’s leverage will depend on whether you have a retail or professional trader. The highest leverage for a retail customer is 30:1 on major forex pairs and down to 2:1 on cryptocurrencies. For a professional trader, the highest leverage that can be utilized is 300:1 on major forex pairs and down to 10:1 on cryptocurrencies.

Asset FCA & CySEC retail (UK & Europe) FCA & CySEC professional (UK & Europe)
Major Forex pairs 30:1 300:1
Minor and Exotic Forex Pairs 20:1 300:1
Major Indices 20:1 200:1
Non-Major Indices 10:1 200:1
Gold 20:1 200:1
Commodities 10:1 150:1
Equities 5:1 10:1
Cryptocurrencies 2:1 10:1

Markets.com is regulated globally, but in Europe and the UK, they are regulated by two bodies that are a part of the European Securities and Markets Authority (ESMA). Financial Conduct Authority (FCA) if you are a UK customer and the CySEC (Cyprus Securities Exchange Commission (CySEC) if you are a European customer (not in the UK).

5 Trading platforms with Markets.com

Markets.com gives you a choice of 5 trading platforms for you to trade with. This includes:

  • Marketsx platform and Marketsx mobile: Their complementary trading platform with a comprehensive range of technical, fundamental, and sentiment tools to trade with over 2000 CFD assets.
  • MT4 and MT5: This means that you can take smaller trades, explore algorithmic trading, and hedge positions to manage exposure.

Markets.com trading platforms
Our Verdict On Markets.com For High Leverage Europe Trading

Overall Markets.com offers the maximum available leverage permitted by the regulator for traders based in the UK and Europe. Traders can choose from a wide range of trading platforms, each hosting a variety of unique trading tools to help you make the best decisions. Markets.com offers all the popular trading products each with competitive spreads that have no commissions.

8. IG Group A Good Margin Trading FX Broker in Germany

IG Group

Forex Panel Score

71

Average Spread

EUR/USD = 0.16
GBP/USD = 0.59
AUD/USD = 0.29

Trading Platforms

MT4, IG Trading Platform, L2 Dealer, ProRealTime

Minimum Deposit

$0

Why We Recommend IG Group

Among high leverage Forex brokers under the BaFin regulation in Germany that we reviewed, IG Group offers the best trading conditions.

Offering the same leverage ratios as other EU regulated brokers (by CySEC, FINMA and FCA), IG Group stands out as a highly trusted broker with a huge range of markets, including over 13,000 tradeable instruments.

This is why we gave IG Group a perfect score of 10/10 for trust and range or markets.

Pros & Cons

  • 110 forex pairs to trade
  • Highly trusted broker
  • Diverse range of proprietary platforms
  • Slow execution speeds
  • Average Standard account spreads
  • High commission costs

Broker Details

A Good Margin Trading FX Broker With BaFin (Germany)

Among high-leverage Forex brokers under the BaFin regulation we reviewed, IG appears to offer the best trading conditions. In Germany, the Federal Financial Supervisory Authority is the main regulatory body in charge of supervising all forex brokers.

By comparison with other EU financial services regulators (CySEC, FINMA and FCA), BaFin imposes more or less the same restrictions on leverage ratios. BaFin-regulated Forex brokers are obligated to offer lower leverage ratios on CFD products for retail clients:

  • As low as 1:5 on cryptocurrencies
  • And as high as 1:30 on forex major pairs

Below you can review BaFin’s restrictions on leverage ratio across different asset classes.

Max Retail Leverage Max Professional Leverage
Forex - Majors 1:30 1:222
Forex - Minors 1:20 1:222
Cryptocurrency 1:2 1:22
Indices - Cash, Futures 1:20 1:222
Energies 1:10 1:75
Metals - Gold 1:10 1:222
Metals - Other 1:10 1:55
Base Metals 1:10 1:27
Soft Commodities 1:10 1:75
Shares CFD 1:5 1:22
Interest Rates 1:5 1:435
Sector 1:10 1:10
Bonds 1:5 1:222
ETFs 1:5 1:100

IG CFD Trading Margins

IG is authorized to conduct online CFD trading business and is regulated in multiple jurisdictions worldwide, including the BaFin. With IG, retail traders can choose from over 17,000 financial instruments and need to ensure a minimum deposit of USD 300 or currency equivalent to start trading CFDs.

Leveraged products offered by IG Bank include:CFD Margin Rates

  • Forex trading – over 68 currency pairs, traded with maximum leverage for retail clients of 1:30 (majors) and 1:20 (minors and exotics). Professional clients can access higher leverage – 1:200
  • CFDs on Stock Indices – +100 contracts traded with leverage of up to 1:20 (retail clients) and up to 1:200 (professional clients)
  • CFDs on Soft Commodities, Metals and Energies – 47 contracts traded with leverage of up to 1:10 (retail clients) and up to 1:200 (professional clients)
  • Cryptocurrencies – 8 digital coins and the Crypto 10 Index traded with leverage of up to 1:2 (retail clients) and up to 1:20 (professional clients)
  • Shares CFDs – access to over 13,000 Stocks, including Swiss, US, FANG or Cannabis Stocks, traded with leverage of up to 1:5 (retail clients) and up to 1:20 (professional clients)
  • Other markets – access to Bond, Option, Interest Rate and Sector CFDs with leverage of up to 1:5 (retail clients) and up to 1:400 (professional clients)

IG offers individual tiered margin rates for each instrument traded, which is based on the number of contracts. IG offers four margin rate tiers, including preferential margin rates on their premium services. Please see the example below for how FX margins are calculated:

How are FX margins calculated?
Our Verdict On  High Leverage Forex Brokers in Germany

IG is the ultimate forex broker for trading leveraged products in Germany. Alongside finishing first in this category, IG is also the world’s biggest forex CFD provider with over 17,000 tradable instruments. IG minimum deposit is CHF 5,000, which can be deposited immediately via credit card.

9. OANDA A Top FX Broker In USA To Trade Leverage Products

OANDA

Forex Panel Score

81

Average Spread

EUR/USD = 1.4
GBP/USD = 2
AUD/USD = 1.4

Trading Platforms

MT4, TradingView, OANDA Trade (fx Trade)

Minimum Deposit

$0

Why We Recommend OANDA

Among US-regulated brokerages we reviewed, OANDA is the most appropriate choice for forex trading. In the US, the Commodities & Futures Trading Commission (CFTC) imposes a higher-than average maximum leverage of 1:50 on major currency pairs.

With its esteemed reputation and multiple tier-1 regulations, we scored OANDA highly for trust (10/10). We also like OANDA’s user-friendly platforms, which is why we recommend the broker for beginners.

Pros & Cons

  • Highly trusted broker
  • 1:50 maximum leverage for major pairs
  • Good for beginners
  • No share CFDs
  • Limited online funding methods
  • Lacks ECN/RAW account

Broker Details

A Top FX Broker In the USA To Trade Leverage Products

Among the US-regulated brokerages we reviewed, OANDA appears to be the most appropriate choice for forex trading. In the US, the Commodities & Futures Trading Commission (CFTC) is the main entity tasked to oversee all brokerage trading firms dealing in futures contracts, swaps, commodities, and Forex trading.

OANDA US Regulation CFD Trading High Leverage Forex Brokers

As per current NFA/CFTC rules, the maximum leverage allowed for retail Forex traders in the United States is:

  • 1:50 on major currency pairs (2% margin requirement)
  • And 1:20 on minor currency pairs (5% margin requirement)

Additionally, US residents can only trade with Forex brokers under NFA regulation and licensed by the CFTC.

Forex Trading

OANDA operates as a market maker broker, offering no commission forex trading. Forex spreads are competitive compared to other market makers with high leverage, starting from 0.6 pips for EUR/USD commission-free.

The currency pair you are trading determines the maximum leverage OANDA provides. For instance, if you are developing trading strategies around the USD/CAD you can trade with the highest leverage available to US retail traders, being 50:1. Yet, fx pairs like the EUR/PLN, SGD/JPY, or GBP/NZD are capped at 20:1.

OANDA US Traders CFD Trading High Leverage Forex Brokers

To reduce the high risk of trading with leverage, OANDA offers premium risk management features such as guaranteed stop-loss orders.

Our Verdict On High Leverage Forex Brokers in the US

Overall, OANDA is a global market leader in online trading. For certain major forex pairs, you’ll gain access to the highest leverage available in the US. Furthermore, you can also utilize risk management tools and features that will assist in mitigating the high risk of forex trading.

10. FOREX.com The Best Forex Broker In Canada With Gearing

FOREX.com

Forex Panel Score

61

Average Spread

EUR/USD = 0.8
GBP/USD = 0.8
AUD/USD = 1.7

Trading Platforms

MT4, MT5, FOREX.com Trading Platform

Minimum Deposit

$100

Why We Recommend FOREX.com

Among CIRO-regulated brokers we reviewed, FOREX.com is the most appropriate choice to trade Forex pairs with reasonable leverage trading conditions.

Under current legislation by the Canadian Investment Regulatory Organization (CIRO) (formerly IIROC), you can trade with a maximum leverage of 1:50, which is higher than the 1:30 that most brokers offer retail traders.

We particularly like FOREX.com’s user-friendly proprietary platform and integration with TradingView charting, a must for technical analysis traders.

Pros & Cons

  • Up to 1:50 forex leverage
  • MT4, MT5 and proprietary platform
  • Excellent charting via TradingView
  • Wider average spreads
  • High commissions of $14
  • Product range could be better

Broker Details

The Best Forex Broker In Canada With Gearing

Under current legislation by the Canadian Investment Regulatory Organization (CIRO), the maximum leverage that Forex brokers are allowed to offer Canadian retail clients stands at 1:50 (or 2% margin required). The CIRO is Canada’s self-regulatory agency that oversees all Canadian forex brokers.

Unlike other regulatory bodies, CIRO imposes spot risk margin rates based on the underlying FX volatility. Moreover, the CIRO groups FX pairs into 4 groups based on some “quantitative and qualitative criteria” (see the table below).

Leverage Group 1 Group 2 Group 3 Group 4
Currencies USD AUD, EUR, YEN, ILS, MXN, NZD, NOK, SEK, CHF, GBP CZK, DKK, HKD, HUF, MYR, PLN, SAR, SGD ARS
Margin Rates for USD Accounts N/A 3% 10% 25%
Margin Rates for CAD Accounts 1.60% 3% 10% 25%

Among CIRO-regulated brokers we reviewed, FOREX.com appears to be the most appropriate choice to trade Forex pairs with reasonable leverage trading conditions.

FOREX.com is a trading name of GAIN Capital Holdings Inc, a company established in 1999 in New Jersey, authorized and regulated in multiple jurisdictions, including CIRO, NFA and CFTC of the USA to name a few.

FOREX.com Account Types

FOREX.com offers two main account types – The Standard Account with a minimum deposit of $1,000 and the Direct Market Access Account with a minimum deposit of $25,000.

The DMA Account allows Canadian clients to:

  • Trade on quotes that come directly from top-tier liquidity providers.
  • View multiple levels of real-time pricing on the broker’s order book.
  • Split the spread and place orders within the top of the book spreads.
  • Take advantage of average execution speeds of 0.05 seconds.

forex.com account types for canadian traders 1.2 pips
FOREX.com Leverage and Margin Requirements
Forex Margin and Leverage
FOREX.com allows access to leverage trading on several markets, including:

  • Foreign Exchange – 84 currency pairs traded with spreads of as low as 0.8 pips on majors. Margin requirements depend on the Forex pair and the base account currency chosen by clients. For instance, the required margin on EUR/GBP for clients with CAD-based accounts is 6%, while for USD-based accounts – 8.3%
  • Commodities – 21 CFD contracts, with margin requirements, again depending on product and base account currency. For example, the margin requirement on Spot Gold for retail clients with CAD-based accounts is 23.5%, while for USD-based accounts – 22.5%
  • Shares CFDs – over 220 Stocks traded with spreads of as low as 1 point and commission as low as 0.1%. Margin requirements for both CAD-based and USD-based retail accounts are the same. For example, for CFDs on Amazon.com Stock, the required margin equals 20%, while for CFDs on GlaxoSmithKline Stock – 30%
  • Stock Indices – 18 CFD contracts, with margin requirements for both CAD-based and USD-based retail accounts being the same. For example, for CFDs on NASDAQ 100, the required margin is 14.5%, while for CFDs on Japan’s Nikkei 225 – 15%
Number of Instruments Margin Rates Range
Forex 84 3% - 28.7%
Indices 18 14% - 15%
Shares 220 (4 markets) 20% - 50%
Commodities 11 Futures
5 Spot
Futures -5% to 44%
Spot - 8% - 11%
Metals 5 15% - 28%

Orders-Aware Margining

In selected markets, FOREX.com offers lower margin requirements to maintain an open position. This is done through something called “orders-aware margining” which can be activated by attaching a stop-loss order on an open trade. On the downside, you should be aware that this feature is only available through the FOREX.com desktop platform.

Our Verdict On High Leverage Forex Brokers in Canada

Overall, FOREX.com ranks as the best brokerage trading firm offering high-leverage trading products. It’s safe to trade with FOREX.com and they only have low entry barriers with a minimum deposit of USD 100. US traders have multiple deposit and withdrawal options including debit cards, electronic bank transfer wire, checks, and eCheck.