3 best-regulated Forex brokers & platforms with high leverage in comparison
Table of Contents
The list of the 3 best-regulated FX brokers with high leverage:
Broker: | Review: | Leverage: | Regulation: | Assets: | Advantages: | Open account: |
|---|---|---|---|---|---|---|
1. Vantage Markets  | Up to 1:500 | CIMA, ASIC | 300+ (40+ currency pairs) | + Fast execution + MT4 & MT5 + Low trading fees + No hidden costs + Free bonus + Multi-regulated | Live account from $200(Risk warning: Your capital can be at risk) | |
2. RoboForex  | Up to 1:2000 | IFSC (Belize) | 9000+ (36+ currency pairs) | + Many awards + Huge diversity + Many account types + 1:2000 Leverage + Bonus program + Low spreads + Low commissions + 9,000+ assets | Live account from $10(Risk warning: Your capital can be at risk) | |
3. BlackBull Markets  | Up to 1:500 | FSPR, FSCL | 100+ (64+ currency pairs) | + Social trading + 24-hour support + Low spreads + High liquidity + Fast execution + Multi-Regulated + Secure broker | Live account from $200(Risk warning: Your capital can be at risk) |
(5 / 5)The forex industry is a liquid market with more than ten million active forex traders. Traders are attracted to forex trading for many reasons, leverage being one of them. Leverage rates are higher and if applied strategically, can bring high rewards.
Many forex brokers offer attractive leverage rates, but most are not regulated. Regulation is imperative to ensure reliability and trustworthiness in the forex industry.
What are the benefits of trading with a regulated Forex broker?:
1. Conducive trading environment
Forex traders with a regulated forex broker trade comfortably without losing funds. Regulated forex brokers follow guidelines that limit their activities to those that benefit the broker and trader.
2. Security of trading funds
Regulated forex brokers require separate accounts for client funds to avoid mixing with the company funds. It also requires forex brokers to put mechanisms that reduce the risk of losing funds, such as negative balance protection and risk management tools.
3. Transparency of operations
The risk that unregulated forex brokers have is they can charge hidden trading costs such as account management fees. Regulated forex brokers ensure that they let the forex trader understand the trading costs before implementing them.
It helps forex traders to develop trust towards their forex brokers and contributes to building a reputation for the forex broker in the industry.
4. Industry-standard trading tools
A regulatory institution within a jurisdiction ensures that the trading tools are of standard quality. Forex brokers have to update their trading tools to compete with other traders using advanced trading tools.
5. Protection against Forex fraud
The forex industry has trillions of dollars traded regularly and has attracted some forex scams. Forex frauds often pose as forex brokers and manipulate forex traders to invest their capital in them. Regulation is one-way forex traders can distinguish between reliable forex brokers and scammers.
6. Dispute resolution
It is easy to settle disputes regarding any case like funds transfer or trading issues with a regulated broker. It is due to is a regulatory body that mediates the case if unresolved between the forex broker and the client.
7. Customer support
Forex brokers that have regulations ensure that their customer support is effective. It is difficult to get proper assistance from some unregulated forex brokers. Regulations and audits ensure forex traders get quality services from their forex brokers.
How much leverage can you get from a regulated Forex broker?
Leverage rates change with the location of a forex trader. For forex brokers within the EU, forex brokers regulated in this region comply with ESMA rules that only allow 1:30. Forex brokers within the US offer forex leverage up to 1:50.
Outside the EU and US, forex brokers can offer higher rates from 1:100 to 1:3000. Forex leverage rates depend on the regulation of a country. Areas with strict policies often have lower leverage rates than areas with less stringent laws.
How can you trade safely using high Forex leverage?
Forex experts often term leverage as a double-edged sword because it has the potential for high profits and massive losses. Here are some crucial factors traders should consider before using high leverage when trading.
1. Trading strategy
A trading strategy is a plan of entering and exiting the market and making profits. Develop a trading strategy with a 70-80% success rate. For this to work, it requires traders to keep adjusting the strategy.
Many forex brokers offer educational materials that cover topics such as trading strategies. There are also copy/social trading features that traders can use to get insights on how to trade from expert traders.
2. Practice your trading strategy
Another factor is to practice your trading strategy before you use it. It is common knowledge, and it is one exercise that forex traders have to try consistently. The financial markets continue to change, which requires an evolving strategy.
Forex traders can use the demo account and practice the trading instrument they want to trade. It assists the trader to foretell some changes they can expect even though the results could be different with live trading.
They could also use a micro account after the demo. If you are confident with your trading strategy, apply it in live trading with more funds.
3. Risk management tools
Most regulated forex brokers offer risk management tools. These are the stop loss, take profits, stop limits, and the guaranteed stop loss. They limit the potential losses since the forex market is volatile when trading exotic or minor pairs.
These risk management strategies work by closing or opening a trading position at a set price. Take-profit orders let your forex broker close a trading position at the ideal profit price. Traders can learn to effectively apply risk management strategies as part of their trading plans.
4. 1% rule
If you use high leverage, consider using the 1% rule. Traders use a trading strategy to risk a small percentage of the total balance in their accounts. It helps to reduce the possibility of wiping out your entire account balance with one trade.
That way if you have an account balance of example, $10,000 you can risk $100 per trade it would take more than 100 trades to exhaust your account balance.
Negative balance protection
Most forex brokers offer negative account protection, but some don’t have this feature. It is a crucial tool; traders should choose a forex broker that offers negative balance protection. It happens through a forex broker closing a losing position before it clears the total account balance.
Trading psychology course
It is also crucial to learn how to manage your emotions when trading, especially using high leverage. Some forex traders could be overwhelmed after losing a highly leveraged trade. They might end up making other trades in an attempt to recover what they lost.
In this process, they lose more than what they intended, it is one reason traders should take a course on emotional management. It helps to manage emotions and avoid making emotional decisions that affect trading negatively.
List of the 3 best-regulated Forex brokers with high leverage in comparison:
1. Vantage Markets
It is a forex broker that has been in the market for more than a decade since its inception in 2009 and currently serves more than half a million forex traders. It offers clients access to trading instruments such as forex, CFDs, indices, commodities, and shares.
Regulation
- Australian Securities and Investments Commission
- Cayman Islands Monetary Authority
- Vanuatu Financial Services Commission
Account types
Traders can access three types of accounts:
The Standard STP account has a minimum deposit of $200, forex spreads from 1.0 pips, and has no commissions. It can access 44 currency pairs, indices, commodities, and share CFDs. Traders can open trading positions from 0.01 lots and use the MT4 and MT5 trading platforms.
Raw ECN account has a minimum deposit of $500 with forex spreads from 0.0 pips with commissions from $6 per round turn. It offers access to 44 forex pairs, commodities indices, and share CFDs. Traders can open positions from 0.01 lots, and uses MT4/MT5 trading platforms.
The Pro ECN account has a minimum deposit of $20,000. Its forex spreads start at 0.0 pips, and commissions of $4 per round lot. Traders can access 44 forex pairs, indices, share CFDs, commodities, and open trading positions from 0.01 lots on the MT4/MT5 trading platforms.
(Risk warning: Your capital can be at risk)
Leverage
Vantage Markets is a regulated forex broker with high leverage rates of up to 1:500. It is available in the Standard, Raw ECN, and Pro ECN accounts. Retail traders get leverage of 1:100, but they can apply for the maximum forex leverage.
Trading costs
Vantage Markets has no inactivity fees, account maintenance, or hidden fees. Overnight fees get charged if you open a trading position using leverage and keep the open position overnight. Deposits and withdrawals are free.
It supports payment platforms including bank wires, credits or debit cards, and digital wallets such as Neteller, UnionPay, and Skrill.
Features
- Vantage markets offer a free demo account that forex traders can use for practicing their trading strategies.
- It has incorporated the MT5 and MT4 trading platforms popularly used by many forex traders.
- The MT4 trading platforms offer advanced charting tools with 9-time frames, 50+ technical indicators, 30+ custom drawing tools, depth of market, and allows hedging and scalping.
- MT5 also brings fast order processing speeds, charts with 21-time frames, once click trading, 80+ technical indicators, and allows hedging and scalping.
- Automated trading using MQL4 and MQL5-based Expert Advisors for customizing trading robots.
- Trading bonuses and promotions such as the 50% welcome bonus for new forex traders who register accounts at Vantage.
- Risk management tools are available such as stop-loss, and take-profits.
- Muslim traders can trade with the Islamic/swap-free account that complies with the Sharia laws and is compatible with the MT4 and MT5 trading platforms.
- Its trading platform is accessible via any device using its mobile app, desktop, and website version.
- Research tools such as updated news and financial calendar and market analysis from trading experts are available on their trading platform as weekly articles.
- There is also more analysis from trading central, an analysis tool that scans the market for relevant news regarding any financial market.
- The educational content on vantage markets includes trading articles with basic level content, trading strategies, and trading psychology.
- Customer support is there 24/7 to assist traders through any process. Traders can contact them through live chat, phone calls, and email.
Pros
- Fast order processing rates
- Low trading costs
- Negative balance protection
- 24/7 customer care
- Fast account registration
- Fast deposits and withdrawals
- Multiple registrations
- High forex leverage
Cons
- Limited access to financial markets
- Limited educational content
(Risk warning: Your capital can be at risk)
2. RoboForex
It is a forex broker that started its operations in 2009 and has 800,000 forex traders from 169 countries. It offers access to 12000 financial markets ranging from stocks, CFDs, energies, ETFs, metals, forex, and commodities.
Regulation
- International Financial Service Commission in Belize
Account types
Forex traders have an option of five trading accounts;
A Prime account has a minimum deposit of $10, and forex spreads from 0.0 pips. It has access to CFDs, cryptocurrencies, and 28 forex pairs. Traders can open positions from 0.01 to a maximum of 500 lots with a stop out at 100%.
ECN account has a minimum deposit of $10 and floating spreads starting at 0.0 pips. It offers CFDs, cryptocurrencies, and 36 forex pairs. Traders can open position sizes from as low as 0.01 to 500 lots on MT4 with stop-outs at 40%.
R stocks trader account has a minimum deposit of $100 and spreads from 0.01 USD. It offers CDS, forex, ETFs, indices, and cryptocurrencies with stop-outs set at 20%.
Pro Cent account has an initial deposit of $10, and forex spreads from 1.3 pips. It offers access to 36 forex pairs, metals, and cryptocurrencies with stop-outs at 10%. Traders can open trading positions from 0.01 to 10,000 lots with a limit of 200 open positions on MT4 and 1000 on MT5.
The Pro account has a minimum deposit of $10 and floating spreads from 1.3 pips. It offers cryptocurrencies, metals, CFDs, and forex pairs. Traders can open positions from 0.01 to 500 lots, limited to 500 open positions on MT4 and 1000 on MT5, and stop-outs at 20%.
(Risk Warning: Your capital can be at risk)
Leverage
RoboForex is a regulated forex broker with a maximum leverage of 1:2000 for the Pro Cent and Pro accounts. The Prime and R stocks trader have the highest forex leverage at 1:300, while the ECN account has 1:500.
Trading costs
Leveraged trading positions that stay open overnight, attract rollover/ overnight charges. The rates depend on the number of nights and the size of the positions. It also has an inactivity fee of $10 for accounts dormant for more than a year.
Deposits and withdrawals are free through bank wires, credit/debit cards, and electronic wallets such as Skrill, Neteller, Pay Pal, and Union Pay.
Features
- A free demo account for traders to use for risk-free trading using virtual funds.
- It has four trading platforms, MT4, MT5, R stocks Trader, and cTrader, with industry-leading trading tools to use.
- The MT4 offers one-click trading, three order types, multiple charts with nine-time frames, depth of market price quotes, 50+ technical indicators, and several drawing tools.
- MT5 has market depth prices, hedging and netting options, fast order processing rates, four types of executions, one-click trading, and charting software with 21 timeframes.
- cTrader has advanced risk management tools, fast order processing speeds, fourteen-time frames, 62+ technical indicators, and level two pricing.
- R stocks trader is a proprietary trading platform that offers access to shares, indices, and CFDs. It also has level two prices, technical indicators, and advanced charts.
- Traders with account balances of more than $300 can apply to use the free virtual servers offered at Roboforex.
- It has a social/copy trading platform; Copy FX traders interact, to learn different trading strategies from professional forex traders.
- The swap-free/ Islamic account is also available for Muslim traders through an online application form and assistance from customer support.
- Research tools and materials are present on the free analytics center that offers the latest news reports and analysis from experts also the economic calendar.
- New traders can get trading resources and learning materials compiled into video courses and articles from trading sectors and financial assets.
- Customer service supports 11 languages through live chat, emails, and phone calls.
Pros
- Fast order processing speeds
- A variety of trading accounts
- Fast deposits and withdrawals
- High leverage rates
- Industry-leading trading tools
- Negative balance protection
- Low trading costs
- Low initial deposits
Cons
- Has no fixed spreads
- Limited trading instruments
(Risk Warning: Your capital can be at risk)
3. BlackBull Markets
It is a forex broker based in New Zealand that launched in 2014 and serves thousands of forex traders. It has access to forex, CFDs, metals, commodities, indexes, shares, and energies.
Regulation:
- Financial Services Authority in Seychelles
Account types:
It offers three types of trading accounts;
ECN Standard account has an initial deposit of $200, and forex spreads from 0.8 pips with no commissions. Traders can open positions from 0.01 lots and access all trading instruments offered at BlackBull markets.
ECN Prime account has a minimum deposit of $2000, and forex spreads from 0.1 pips with commissions of $6 per $100,000 traded. Clients can open positions from 0.01 lots with access to all trading instruments available.
ECN Institutional account for volume and corporate traders has a minimum deposit of $20,000. Clients can open positions from 0.01 lots, with forex spreads from 0.0 pips and variable commissions depending on the asset.
(Risk Warning: Your capital can be at risk)
Leverage rates:
BlackBull Markets is a regulated forex broker with high leverage of 1:500, accessible to the three trading accounts. It allows traders to trade the foreign currency using high leverage rates.
Trading costs
It offers low trading costs for traders, with overnight fees charged based on the leverage and the number of nights. It has no account maintenance costs or inactivity fees and deposits and withdrawals are free.
It supports payment methods such as wire transfers, credit/ debit cards, and digital wallets like Webmoney, Skrill, Neteller, and QIWI.
Features:
- Traders can access a free demo account to test features on BlackBull Markets.
- It offers two trading platforms, the MT4 and MT5.
- MT4 has three order executions, custom indicators, a market watch, fast order executions, a multi-charting option, and a user-friendly interface.
- MT5 has fast execution rates, advanced charts with 21-time frames, 30+ inbuilt technical indicators, hedging and netting options, four order executions, and more.
- It offers copy trading features where forex traders can copy trading strategies from lead traders at a minimum capital of $200, using Zulu-trade, My FX book Auto-trade and Hoko-cloud.
- Its trading platform is accessible from mobile phones through its mobile app, it also has a desktop version compatible with different OS and browsers.
- It has a Virtual Private Server offered to forex traders with account balances of more than $2000 and active trades of more than 20 lots per month.
- Muslim traders can trade in BlackBull markets with the swap-free account, which offers the same trading conditions as the Prime and Standard accounts.
- Research materials include the latest news, analysis from experts, and the Auto- chartist tool that scans the market for updates.
- Customer support is available 26/7 through live chat, emails, and phone calls.
Pros:
- Fast execution rates
- Fast account opening process
- Low trading costs
- Quality trading tools
- High leverage rates
Cons:
- Limited educational materials
- Customer support is available 24/6
(Risk Warning: Your capital can be at risk)
Conclusion – Always be careful when using the benefits associated with leverage as a trader
Trading the financial markets is almost impossible using leverage. New and experienced traders prefer to trade using high leverage, which is why high leverage forex brokers attract more clients. Traders need to be careful when choosing a high leverage forex trader.
It is also crucial to be keen when using leverage which is why forex brokers offer risk management tools. Traders should also note how to use them carefully to be effective. Leverage can be a tool to make high profits when it is applied professionally when trading.
FAQ – The most asked questions about Regulated Forex brokers :
How does leverage work?
Leverage works like a loan, in this case, it has no interests. When a forex trader uses forex leverage of 1:100 for example, they can access capital worth 100 times more than what they have in their account balance.
The forex broker offering 1:100 requires a 1% deposit as margin or security and gives you the rest. An example is if you want to buy an asset of $10,000 and have $100, you will deposit $100 in your margin account and get leverage of $10,000 to buy that asset.
Which is the highest Forex leverage a forex broker can offer?
It depends on the location of the forex trader since there are forex brokers that limit the leverage that traders can access due to strict regulations. For traders whose regions have light regulations, traders can access high forex leverage of up to 1:3000.
What leverage is the best for a new trader?
If you are a new trader, high leverage of 1:100 and more could limit your account balance within a short time. It is advisable to start with rates such as 1:20 and grow as you learn the tricks and strategies to use when trading.
What does high leverage mean when trading forex?
In the currency markets, leverage can sometimes reach 100:1. As a result, you can buy and sell up to $100,000 worth of commodities for every $1,000 in the account. Many traders believe that the reason forex market makers provide such high leverage is that leverage increases risk.
Which brokers offer high leverage and are the best?
Leverage restrictions frequently vary by the asset being traded and the investor’s country of residence. However, we discovered that Vantage Markets, RoboForex, and BlackBull Markets are the brokers giving customers some of the highest leverage.
Which forex leverage is best?
In forex, the level of leverage you feel most at ease with is always the best. Pick a lower degree of leverage, like 1:5, if you don’t enjoy high-risk trades. You must have faith in your trading methods, given the risk involved.
How do brokers who use high leverage generate money?
By giving their clients access to the foreign currency market, high leverage brokers can profit. They make money on the difference between the bid and asking prices in addition to charging a fee on every deal that one of their clients executes.
Last Updated on January 27, 2023 by Arkady Müller
