The 5 best Forex Broker with high leverage – Real comparison

The best Forex brokers with high leverage are regulated, operate transparent trading conditions, and utilize the latest fintech.

But finding the Forex Broker that’s right for you and your trading experience can be somewhat of a daunting task. With leverage ranging from less than 1:500 up to 1:2000, it is vital that you know as much about forex trading as possible before you get your feet wet.

To help navigate the world of high-leverage Forex Brokers, we have chosen our top five picks and reviewed them for you. We look at the top 5 forex dealers to see what each has to offer. Please read on to find out which brokerage fits your needs, whether you be a complete novice or a veteran forex trader.

High leverage forex trading

The following FX Brokers which we reviewed: 

  1. BDSwiss – Swiss financial know-how
  2. RoboForex – Great offers and promotions
  3. BlackBull Markets – Kiwi company with an excellent track record
  4. IC Markets – One of the biggest forex traders around
  5. VantageFX – Trusted ECN broker
Broker:
Review:
Spreads and Fees:
Regulation:
Advantages:
Open account:
1. BDSwiss
BDSwiss logo
Starting 0.0 pips + $ 2 – $ 5 commission per 1 lot (negotiable)
CySEC (EU), FSC (MAU)
+ Maximal leverage 1:500
+ Individual offers
+ Trading signals
+ Raw Spreads
$ 100 minimum deposit
2. RoboForex
RoboForex logo
Starting 0.0 pips + $ 4.0 commission per 1 lot
IFSC (BE)
+ Maximal leverage 1:2000
+ Huge varierity
+ Micro accounts
+ Bonus program
$ 10 minimum deposit
3. Blackbull Markets
Blackbull Markets logo
Starting 0.0 pips + $ 6.0 commission per 1 lot (negotiable)
FSP (NZ)
+ Maximal leverage 1:500
+ Real ECN
+ Account types
+ Deep liquidity
$ 200 minimum deposit
4. IC Markets
IC Markets logo
Starting 0.0 pips + $ 3.0 commission per 1 lot
ASIC (AU), CySEC (EU), FSA (SE)
+ Maximal leverage 1:500
+ Good conditions
+ ECN Broker
+ High liquidity
$ 200 minimum deposit
5. Vantage FX
Vantage FX logo
Starting 0.0 pips + $ 3.0 commission per 1 lot
ASIC (AU), CIMA (CAY)
+ Leverage 1:500
+ ECN Broker
+ Personal service
+ Bonus
$ 200 minimum deposit

What is high leverage Forex trading?

Before we dive straight into the review, let’s take a few seconds to consider what we mean by high leverage. This phrase means the trader can use their funds plus ‘borrow’ capital to increase potential gains. The result is that even the smallest traders trade currency pairs at larger volumes.

However, while making possible far greater returns, the gearing effect also significantly increases the risks of losses. For example, you want to trade with a leverage of 1:1000. That means you only need $1 of capital to trade the amount of $1,000. The leverage will increase your position size. But in the end, you can always verify the size of the position.

1. BDSwiss

BDSwiss website

BDSwiss was formed in 2012 and is jointly headquartered in Zurich, Switzerland, and Cyprus, the latter of which is an EU member state. It’s also overseen and regulated by the financial authorities in the USA, Seychelles, and Mauritius.

In less than a decade, BDSwiss has grown rapidly, and today boasts over a million and a half registered accounts from clients in more than 180 countries. BDSwiss is now arguably one of the most prominent international Forex trading groups in the world. The award-winning Forex Broker has grown its customer base through numerous branch offices, both in Europe and the US. Though it does have offshore registrations in the Seychelles and Mauritius, BDSwiss is generally considered a safe broker. It also has to comply with the European Union’s strict financial regulatory framework and that of the United States.

BDSwiss, then, can be considered a safe harbor for your trading cash. And with leverage of up to 1:500 available, the trading group is one of the best forex brokers with high leverage. However, it is always strongly recommended you carry out your due diligence and fully understand the implications of such high leverage. Always check the BDSwiss site to verify its allowance structure and check each instrument individually as there is variation here too.

Trading fees are competitive but vary depending on the type of account you open. Be sure when registering to select your base currency – either Euro, US dollars, or the GB Pound – and you can dodge currency conversion fees. Currently, there are three types of accounts – Classic, VIP, and Raw, which offer spreads from 0.0 pips (subject to a $5 commission) to 1.5.

The Classic and VIP accounts are not charged for Forex, commodity, or crypto pairs. However, they are charged a fixed commission for everything else, including shares and indices.

BDSwiss has combined the renowned Swiss financial prowess with a powerful and easy-to-use trading platform. It’s little surprise their expansion has been so rapid as it rests on sound foundations. Given the number of awards it has won and the solid reputation it has earned, BDSwiss looks well placed for even more significant growth.

BDSwiss advantages:

  • Permitted leverage of up to 1:500 subject to criteria
  • European traders can use high leverage with the Mauritius regulator
  • A low minimum deposit of $100 USD
  • Robust foundations
  • Global coverage
  • Ability to trade forex and a range of CFD instruments
  • Opening an account is fast and easy
  • Free demo accounts
  • Customer support Monday to Friday
  • Forex educational resources, webinars, and courses
  • Trading Signals
  • Base currencies are USD, EUR, and GBP
  • MetaTrader 4/5, Web-Trader, App

(Risk Warning: Your capital can be at risk)

2. RoboForex

RoboForex website

Belize-based RoboForex is probably best known outside of the trading world as the sponsorship partners of BMW M Motorsport. The company was formed in 2009 and is IFSC (International Financial Services Commission) of Belize regulated. This accreditation provides for segregated trading accounts and negative balance protection. RoboForex is signed up to the financial commission’s compensation fund and provides execution quality certificates via Verify My Trade.

Since its inception, RoboForex has been solidly focussed on using cutting-edge technology to leverage its years of trading experience.

It operates globally and offers eight asset classes, leverage of up to 1:2000 regardless of account type, and more than 50 Forex currency pairs.

RoboForex offers a range of five different account types with varying initial deposits ranging from $10 to $100 and varying degrees of leverage from 1:300 to 1:2000. So there’s a good chance you can track down an account that suits you. There are also ‘swap-free’ Islamic and demo accounts available.

Trading is via the industry-standard MetaTrader, MetaTrader 4 and 5, cTrader, and the broker’s in-house R Trader platform.

Because RoboForex is overseas-based and regulated, they can offer an array of attractive bonuses and promotional offers. These offers vary from time to time. However, at the time of writing, their flagship offer was a prize giveaway with a total pot of a million dollars. The giveaway is to mark RoboForex’s tenth year of trading. In addition to monthly prizes worth $100,000, in May 2021, there is to be a ‘grand Prix giveaway’ which is worth an accumulated $300,000.

At the moment, there are these types of bonuses:

  • a $30 welcome bonus once your account has been verified
  • a 60% profit share bonus
  • A 120% bonus of your deposited amount.

Check the website for the terms and conditions.

As well as the attractive benefits above, RoboForex scores as one of the best forex brokers with high leverage thanks to its commission structure. They charge zero commission on client trading accounts. As well as that, RoboForex offers over 20 different ways to deposit funds, so you are unlikely to be stuck for a payment provider.

Withdrawals are easy too. Their system for withdrawals is automatic and can take as little as one minute to transfer, depending on your payment method. Varying withdrawal fees apply.

RoboForex advantages:

  • Tight spreads from 0.0 pips
  • High leverage for every customer
  • Fast order execution and ECN accounts
  • Four account currencies available
  • Micro accounts
  • Eight asset classes including Forex, Indices, Stocks, Cryptocurrencies, Energy, Metals, ETFs, and soft commodities
  • Access to over 12,000 markets
  • Negative balance protection
  • 24/7 multi-language customer support
  • Dedicated analytics app
  • Learning videos
  • MetaTrader 4/5, cTrader, RTrader

(Risk Warning: Your capital can be at risk)

3. Blackbull Markets

BlackBull Markets website

Based in New Zealand, hence the nice wordplay of BlackBull, this international brokerage is a real Electronic Communication Network (ECN). Founded in the year 2014, BlackBull Markets has dual accreditation. It’s licensed both by its domestic regulatory body, the New Zealand Financial Markets Authority, and in Seychelles by their Financial Services Authority.

BlackBull is headquartered in New Zealand’s largest city, Auckland, and has a support office in the Malaysian capital city, Kuala Lumpur. BlackBull Markets trades its more than 300 tradable instruments on the award-winning and industry-standard MetaTrader 4 and 5 platforms and Web Trader.

As arguably one of the best forex brokers with high leverage, the award-winning BlackBull Markets team gains this accolade thanks to a combined decade of experience in institutional Forex trading. And this is reflected in the institution-class fintech service it offers its retail clients.

The minimum deposit to get started trading with BlackBull Markets is from $200, with leverage of 1:500, fast order execution, and customer support 24/5.

The lowest spreads available are from 0.1 pips but typically are in the region of 0.8 pips in their ECN Standard type of account. Live spreads for the EUR/USD pair begin at 0.2 pips.

There are several account types available. Each is tailor-made to suit every Forex trader, from complete beginners to veteran Forex traders. Standard Accounts accept deposits as low as $200, are commission-free, and give access to all of BlackBull Markets tradable instruments with low spreads.

Prime Accounts, meanwhile, require a minimum initial deposit of $2,000 but offer a commission of $6 per lot on every $100,000 traded. Spreads start at 0.2 pips. It should be noted that BlackBull Markets charge overnight swap fees to keep positions open. For those of the Muslim faith, there are swap-free Islamic accounts. If you wish to test the water first, you can open a 30-day demo account simulator that’s pre-loaded with $100,000 of virtual cash for you to trade risk-free.

For their live accounts, you have the choice of depositing in nine currencies, including USD, EUR, AUD, and GBP. All payment methods are instantly processed, apart from bank transfers, which take between one to three days. You can only make a withdrawal via the method you used to pay initially. Withdrawal fees apply.

Advantages of BlackBull Markets:

  • More than 300 tradable instruments
  • Gold standard award-winning trading platforms
  • Extra tools such as ZuluTrade and Myfxbook
  • Zero pip spreads available
  • Offers more than 60 Forex pairs
  • Commission-free trading on some accounts
  • Maximum leverage of 1:500
  • MetaTrader 4 and 5, plus a mobile app
  • Deposits accepted in nine currencies
  • Trading Academy
  • Cross-platform trading

(Risk Warning: Your capital can be at risk)

4. IC Markets

IC Markets website

Founded in 2007 in Australia, IC Markets is regulated by the ASIC (Australian Securities and Investments Commission). It also has overseas branches and is subject to regulation by the CySEC (Cyprus Securities and Exchange Commission), and in Seychelles by the Financial Supervisory Authority (FSA).

Opening an IC Markets account is fast and easy. You only need $200 as a minimum deposit. And you will also love those deposits, withdrawals, and inactivity incur no fees.

However, there is a $20 AUD charge for international bank transfers. Otherwise, moving your money in or out is free with most of the payment methods on offer. Getting an account approved typically only takes 24 hours on a business day. You will also be asked about your trading experience during the account setup process. There is also the option of opening a demo account to try out the platform.

There are three account types – Raw Spread (based on cTrader); Raw Spread (based on MetaTrader); and Standard, which is also traded on MetaTrader.

The Standard account comes with zero commission and spreads from 1.0. Both Raw Spread accounts offer pips of 0.0 but charge commission. The cTrader account charges $3 per $100,000 USD, while the MetaTrader version is subject to a commission of $3.50 (per lot per side).

Trading fees charged by IC Markets are broadly speaking low and align closely to their main competitors.

What also sets IC Markets apart as one of the best forex brokers with high leverage is the number of base currencies they can offer to clients. These are USD, GBP, EUR, AUD, NZD, JPY, CAD, HKD, SGD, and CHF. This is extremely useful if you have a multi-currency bank account with an internet bank. Or, if you wish to avoid conversion fees by funding your account in the currency of your existing bank account or trading assets in the currency you selected as your account’s base currency.

IC Markets’ portfolio and fee reports are straightforward and transparent. It’s easy to view your profit and loss balance as well as the commission fees incurred.

Advantages of IC Markets:

  • Low forex trading fees
  • Free deposit and withdrawal
  • ECN Broker
  • Minimum $200 deposit
  • No inactivity fee
  • Supports ten base currencies
  • Three account types
  • Fast execution of orders
  • Offers sub-accounts in different base currencies
  • Uses MetaTrader 4 and 5, plus cTrader
  • Forex spreads starting from 0.0 pips

(Risk Warning: Your capital can be at risk)

5. Vantage FX

Vantage FX website

VantageFX was founded in Australia in 2009 and said theirs is a dedicated ECN trading platform. It also offers online trading via MetaTrader, a mobile trading app, and social trading.

The Vantage FX team, drawn from Forex, finance, and technology backgrounds, is regulated by the Australian Securities and Investments Commission (ASIC). Their various branches around the world are regulated by financial regulatory bodies in the Cayman Islands, the UK, and Vanuatu. The company uses a segregated bank account with Tier-1 bank, National Bank of Australia, to hold client payments.

Vantage FX can lay claim to being among the best forex brokers with high leverage because of their background. They say it is because of their strong and diverse experience that they can offer class-leading access to global Forex markets. They say retail and pro traders will notice a distinction when comparing Vantage FX to other brokers they may have used in the past.

Vantage FX pitches three client account flavors suitable for all levels of trading experience. All are based on MetaTrader 4 and 5, offer 44 currency pairs, leverage up to 1:500, and nine base currencies.

The Standard STP account is aimed at novice traders who want direct market access with zero commission and a low $200 minimum deposit. The minimum lot of trade size is 0.01, while the spreads start at 1.4.

The ECN-based accounts, Raw ECN and Pro ECN allow for 0.0 pips. The most popular of the two is Raw ECN, as it requires only a minimum deposit of $500 to get started trading. The commission is charged from $3 per lot per side.

Meanwhile, the Pro ECN account is firmly designed for high-volume trade professionals and money managers. The minimum deposit is $20,000, with the commission payable being from $2 per lot per side.

Vantage FX offers a range of international and Australia-only payment methods, including Visa, JCB, China Union Pay, Neteller, Skrill, and FasaPay. Most options involve no fees.

Their transparent forex market access and solid financial setup have understandably led to Vantage FX being hailed as a secure and safe Forex Broker.

Advantages of VantageFX

  • 50% welcome bonus on initial deposits up to $500
  • A minimum deposit of $200
  • 0.0 spreads
  • Leverage up to 1:500
  • Free Forex signals
  • Fast execution
  • Award-winning customer support
  • Negative balance protection
  • Spot FX and Forex CFDs
  • Volume commission rebates

(Risk Warning: Your capital can be at risk)

What are high-leverage Forex brokers?

These brokers specialize in foreign exchange trades and use a system of leverage using borrowed money to bet on the direction of travel between currency pairs. For example, the USD against the Euro. Or the GB Pound against the Japanese Yen. The gearing effect that’s possible, generally 1:500, makes significant gains possible if the exchange rate moves in the predicted direction. If not, the losses can be substantial. However, almost all high leverage forex trading platforms have negative balance protection. So you won’t lose any more than the deposit you hold in your account.

What is 1:500 leverage?

Leverage is essentially a line of credit to trade on the foreign exchange markets. If a broker is offering leverage of 1:500, it means you can multiply your capital by 500. In other words, for every dollar of your trading capital, is matched by $500 from the broker.

What is the best leverage ratio for novice traders?

As a novice trader, you should not be trading at more than 10:1 or 5:1. To be ultra-cautious, it’s better to stick with the leverage of 1:1 at the beginning. The most common rookie mistake of a new Forex trader is to go too high with leverage. Play it safe until you have a comprehensive grasp of the subject and never trade with cash you can’t afford to lose.

Is high leverage Forex trading risky?

The general consensus is that high leverage foreign exchange market trading is riskier. However, the potential rewards – and losses – are significantly more significant due to the multiplying effect. Some traders contend that by using only a level of leverage you are comfortable with, this form of trading can carry no more risk than other types. But, more importantly, it magnifies potential gains. It’s the classic half-full, half-empty argument.

Which are the best high-leverage Forex brokers?

The best ones are those that are regulated by a recognized financial regulatory body. They should also offer negative balance protection and be transparent about their commission fees and trading and non-trading charges. If you would like to get a proper handle on a particular platform, consider opening a demo account first. This will enable you to get some hands-on experience with virtual trading capital before committing yourself.

  1. BDSwiss
  2. RoboForex
  3. Blackbull Markets
  4. IC Markets 
  5. Vantage FX

Final review of the best Forex Brokers with high leverage:

High leverage forex trading can be a success if you go about it the right way. As you can see from our review of the best Forex Brokers with high leverage, finding the right broker to suit should be easier than you imagine.

The top 5 Forex brokers we highlight all share a strong commitment to helping their clients achieve their foreign exchange trading goals. These five are well-regulated and widely considered to be a safe harbor for trading.

There is much emphasis, too, on the fintech that underlies their platforms. There is a reliance on the industry-standard software MetaTrader 4 and 5, along with mobile apps and integration with social copy trading apps such as ZuluTrade and Myfxbook, among others.

There is much evidence to conclude that the five forex brokers we have reviewed here are not prepared to rest on their laurels. There is a commitment to continue introducing the latest technology to execute orders as fast as possible and make their platforms intuitive and user-friendly.

As we have spotlighted, there is recognition of the need to cater to the diversity of traders, from beginners to seasoned veterans of Forex Trading. This is reflected not only in their tailor-made accounts with specific types of traders in mind but also in their desire to educate. Brokers like those we have reviewed spend much time, effort, and money on their educational resources. Not only is it in their interests to have an informed customer base, but it is also an acknowledgment that no matter how little or how much forex trading experience you have, there is always something new to learn.

With high leverage, you can use a bigger position sizes and suitable trading strategies.

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