The Forex market, with a trading volume of $ 5 trillion, is not only the largest investment industry in the world but also the most liquid.
Large market size, liquidity and additional facilities such as the availability of high leverage make it the most attractive market for most individuals and institutional investors.
Some regulatory shocks that have emerged in the past decade have threatened to disrupt trade by attacking the most attractive feature – leverage, you can use trading account with high leverage for the best result.
It began in 2010 when the American CFTC set a 1:50 limit on the leverage given to forex brokers. Eight years later, ESMA Europe followed and introduced a 1:30 leverage limit in August 2018.
However, you don’t need to panic because there are still many leading international brokers with leverage as high as 1: 3000.
I’ve explored the internet to check the various high-leverage brokers that are currently available and come with a list of the 5 best brokers so you don’t have to do it. But first, we share with you the criteria we use in separating the wheat from the chaff.
Top 5 highly leveraged brokers
- XM Global
While XM UK and XM Global are subsidiaries of the largest XM Global Limited, you will only enjoy the benefits of XM Global’s significant leverage of up to 1: 888.
The first is regulated by FCA-UK and therefore works within the 1:30 ceiling. We were particularly drawn to XM Global’s global approach to foreign exchange trading, with different accounts for both beginner and advanced traders.
It gives you access to the seven major currency pairs with tight spreads starting from 0.6 pips.
After opening a trading account with XM, you become eligible for their different types of bonuses. These include the no deposit bonus, $ 30, for each new account and a 100% bonus for the first deposit.
If you are new, you will probably want to sign up for their free introductory course in forex trading. It is available in the form of articles, e-books, videos, and regular webinars, organized several times a week.
Novice traders and advanced traders may also choose to have their account paid by one of XM’s personal account managers. And if you choose to manage your account, XM uses daily signal updates and market outlooks for more informed business execution.
Advantages and disadvantage
Advantages:
- Strong leverage
- Multilingual Support Support (up to 30 languages)
- 60 Up to 60 currency pairs to choose from
- Supports multiple international payment methods
- Strict regulation of FCA, IFSC, CSEC, and ASIC
- Fast execution of the transaction and no re-quotation
Disadvantages
- Online web-based chat
- InstaForex
Founded in 2007 and headquartered in Kaliningrad, Russia, Instaforex emerged as one of the best forex brokers based in Eastern Europe. The high leverage of 1: 1000 in the region dedicated to crippling leveraged traders makes it stand out.
Likewise, the multi-account feature allows traders to host three accounts on their servers simultaneously and supports all major currency pairs.
How does it work?
InstaForex serves beginner and expert traders. Either you can start by opening a demo account or a real trading account that only requires $ 1 in a minimum deposit. In both cases, all InstaForex traders have access to training resources and video tutorials.
Brokers will also give their clients direct access to their complicated charts and various technical analysis tools to help carry out trading.
When analyzing brokers, we really like the level of instant support they provide to their traders through various communication channels.
We also like the level of technology investment they make to ensure their brokers are available in various options such as web merchants, MT4 and MT5.
Advantages and disadvantages
Advantages
- A fast trading process with one-click trading features
- A high level of data security using 128-bit encryption technology
- Positions The position is locked even in the most unstable markets
Disadvantages
- Option The bank withdrawal option is very slow
- FCA is not regulated
- OctaFX
In addition to its high leverage – 1: 500 – OCtaFX is on our list of the best Forex brokers because of its extremely low fees and its even lower spreads ranging from 0.4 to 0.6 pips.
We also enjoyed the copy trading option that allows beginners to make more informed transactions by copying and learning from more experienced traders.
More importantly, OctaFX runs regular promotions that allow a group of selected traders to access more important levers.
Their latest campaign targeted the Asian market, allowing MT4 traders in the region to manually raise their leverage from 1: 500 to 1: 1000 and MT5 traders from 1: 200 to 1: 500.
How does it work?
You start by opening a trading account and choosing the best trading platform; you can opt for MT4, MT5, their Web Trader platform or the OctaFX trading application.
Both versions are available in more than 10 languages and require a minimum deposit of $ 5 with a 50% bonus on your first deposited amount.
Here, you can trade all major currency pairs with an operator who performs operations quickly thanks to the one-click trading feature.
In addition to the copy trading feature, we also appreciated their daily market outlook and their constant trading signals.
Advantages and disadvantages
Advantages
- Changed Leverage with a maximum of 1: 500
- No deposit or withdrawal fees
- FCA regulated
- An extensive resource for educational material
Disadvantages
- Has limited payment options
- Forex .com
In a rapidly collapsing market, it is impressive to see the 1: 400 offered by Forex.com. We list it on this list not only because of the competitive leverage and fixed spreads but also because of its longstanding reputation in the foreign exchange market.
Having been established in 2001, Forex.com is one of the most reputable and highly reputed leverage brokers.
We believe that Forex.com has one of the largest collections of tradable currency pairs, 80+. We also appreciated its clear and competitive pricing model that considers each transaction, as well as its sophisticated trading platforms.
In addition to providing a trader with a large resource of technical analysis tools, we also observed that the broker regularly monitors forex markets and provides tips on potential price influencers.
Advantages and disadvantages
Advantages
Availability of the smartphone trading application that allows a trader to move
- FCA, CFTC, AISC, and CIMA regulated
- VPS hosting services
- Access to the latest research and industry news
Disadvantages
- Spread Great pies
- ForexTime (FXTM)
With an above-average leverage ratio of 1: 1000, a solid brand reputation and an extensive collection of trading currency pairs, FXTM easily figures in our list of the best forex brokers.
Other factors, such as the extensive trading platforms, Metatrader to WebTrader and mobile applications, as well as its foolproof protection against risks, also motivated our decision to include it in our top ten list.
FXTM broker places primary importance on forex education and the constant re-evaluation of its commercial strategy. It sends out documents regularly and hosts webinars.
We also appreciated the broker’s focus on data security, fast transaction execution, and a caring customer service team.
We also found that FXTM has adopted one of the fastest payment processing technologies, capable of handling a considerable base of payment options.
The number of forex trading pairs available here is however limited to 50 but includes all major trading pairs.
Advantages and disadvantages
Advantages
- The attractive leverage effect
- SpreadBarred Warp (from 0.1 pips)
- Can be integrated with expert advisors
- Regulated FCA and regulated by CySEC
Disadvantages
- A relatively limited number of currency pairs
So, this was the top 5 high leverage Forex brokers 2019 and if you have any topic in mind that you want me to cover for you then please let me know.