In this article, we will look at 5 high leverage brokers that you can trade with. First, lets talk about what is a high leverage broker.
What is a high leverage broker?
A high leverage broker provides traders with high leverage accounts for trading. Generally, a high leverage broker provide leverage more than 1:1000. We do not recommend traders trade with high leverage.
That said, having access to high leverage can be very beneficial for you if you are very confident about your trading as a forex trader. If you can consistently make profitable trades, then high leverage is an advantage.
When choosing a high leverage broker, it is important that you take into account other factors as well.
These other factors to consider are, regulations, trading Software provided, customer Service, commission and spreads, supported countries and minimum Deposit required.
Now let’s talk about 5 high leverage brokers who a legit.
1. FBS Broker
FBS broker is at the top of the list, because FBS broker provides traders leverage up to 1:3000. Not only FBS broker provides very high leverage, it is also a legit broker that has won many awards.
FBS broker is regulated by 4 different regulators including tier 1 Forex regulators. These are,
- International Financial Services Commission (IFSC) of Belize
- Cyprus Securities and Exchange Commission (CySEC)
- Financial Sector Conduct Authority (FSCA) of South Africa
- Australian Securities and Investments Commission (ASIC)
FBS broker provides 3 main trading platforms. These are MetaTrader 4, MetaTrader 5 and FBS trader. The MetaTrader 4 and MetaTrader 5 trading software supports mobile, web and pc trading. It also supports algorithmic trading as well.
FBS trader is a mobile trading application that is downloaded by 5 million users worldwide. FBS mobile trading application works on both Android and IOS.
FBS broker provide traders with one main account. This is a called a standard account. The spreads for this account starts at 0.7 pips and the commission from 0%.
FBS broker provide traders with great customer support 24/7. To trade with the FBS broker you only require a minimum deposit of $5. If you are interested in trading with the FBS Broker, click the button down below.
2. XM Broker
XM Broker is another great broker that provides traders with high leverage. XM Broker provides leverage up to 1:888. This is high leverage but not high as the FBS Broker.
XM broker is also regulated by tier 1 regulators such as Australian Securities and Investment Commission (ASIC).
Like the FBS broker, the XM broker provides traders with the MetaTrader 4 and MetaTrader 5 trading platform. XM also provides a mobile trading application called the XM trading point which is downloaded by 5+ million traders worldwide.
XM Broker provides 24/5 customer support. You can contact XM Broker customer support through live chat, email, phone and social media pages.
XM Broker provides traders with 3 main account types. These are micro account, standard account and ultra low account. To trade with the XM Broker you only require a minimum deposit of $5 like the FBS Broker. The ultra low account provides the lowest spreads that starts at 0.6 pips.
If you are interested in trading with the XM Broker, click the button below.
3. FXTM
FXTM is another high leverage broker that provides leverage up to 1:1000. FXTM is regulated by several regulators including Financial Conduct Authority (FCA) UK and Financial Services Commission (FSC).
FXTM Broker provides traders with 4 main trading platforms. These are MetaTrader 4, MetaTrader 5, FXTM WebTrader and FXTM Trader App. FXTM provides traders with 24/5 customer support. You can contact FXTM customer support through phone, email, live chat and social media.
The FXTM broker provides traders with two main account types. These are Advantage & Advantage plus accounts. To open an account with the FXTM broker you need to deposit at least $500. This is high compared to the XM Broker and the FBS Broker.
With the Advantage account the spreads starts from 0.0 pips but commissions are $3.5 per lot traded. For the advantage plus account, the spreads starts from 1.5 pips but no commission is charged.
4. RoboForex
RoboForex is another great broker that provides leverage up to 1:2000. This is the second highest leverage on the list. RoboForex is regulated by the International Financial Services Commission (IFSC) of Belize.
RoboForex provides traders with 3 main trading platforms. These are MetaTrader 4, MetaTrader 5 and R trading platform. These are all great trading platforms that work on mobile, web and pc.
RoboForex provides traders with 24/7 customer support just like the FBS Broker. You can contact the RoboForex broker through email, live chat, phone, ticket system and through social media pages.
There are 5 account types provided by the RoboForex broker, these are Prime, ECN, R Stock Trader, ProCent and Pro account. To start trading with the Prime and ECN account you only need a deposit of $10. To start trading with the R Stock Trader account you need a minimum deposit of $100.
5. HF Markets
HF markets is another great broker that provides very high leverage up to 1:2000. HF Markets is regulated by 5 different regulators. These include, Financial Conduct Authority UK (FCA) and Cyprus Securities and Exchange Commission (CySEC).
HF Markets provides traders with 3 main trading platforms. These are MetaTrader 4, MetaTrader 5 and HFM trading platform. The HFM trading platform is a mobile trading app that supports both Android and IOS. HF Markets provides traders with 24/5 customer support. You can contact HF markets customer support through live chat, email and phone.
HF Markets provides traders with 4 main account types. These are cent, zero, pro and premium account. The spreads for HF markets starts from 0.0 pips depending on the account type. To trade with HF markets you need to a minimum deposit of $0 except for the pro account which requires a minimum deposit of $100.
Broker Comparison Table
The following table shows the comparison between these brokers to help you choose the right broker for you.
| Specification | FBS Broker | XM Broker | FXTM | RoboForex | HF Markets |
| Leverage | 1:3000 | 1:888 | 1:1000 | 1:2000 | 1:2000 |
| Customer Support | 24/7 | 24/5 | 24/5 | 24/7 | 24/5 |
| Minimum Deposit | $5 | $5 | $500 | $10 | $0 |
| Regulations | CySEC, FSC, ASIC, FSCA | CySEC, ASIC, IFSC, | FSC, CySEC, FCA, FSCA | FSC | FCA, DFSA, FSA, FSCA, CySEC |
| Spreads | from 0.7 pips | from 0.6 pips | from 0.0 pips | from 0.0 pips | from 0.0 pips |
| Commissions (for low spread account) | from 0% | from 0% | $3.5 per lot | $2 per lot | $3 per lot |
Conclusion
In this article we discussed about 5 forex brokers who provide a high leverage. These are all great brokers that not only provide high leverage but is highly regulated. As discussed, FBS broker is the broker who provides the highest leverage, 1:3000. If you are interested in trading with the FBS broker click the button down below.
