📈 Popular:

Broker of the month

Top 27 Regulated Forex Brokers

Forex No Deposit Bonuses

Promotions

⚡ Easily Trade – Apple, Microsoft , Tesla and Google Stocks – Open a FREE Account Here

Best Brokers

1st Place

2nd Place

3rd Place

4th Place

5th Place

1:1000 Leverage Forex Brokers

1:1000 Leverage Forex Brokers

 

 

The foreign exchange market is known for its high leverage and some Forex brokers are known to offer leverage ratios as high as 1:1000 and higher.

 

 

Here is an overview of some of these Forex brokers that offer leverage up to 1:1000 to their traders, followed by a discussion of the benefits and pitfalls of very high leverage.

 

 

AMarkets

 

Overall Rating

4.3/5

Rated #219 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

IFC

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

AMarkets is an offshore online broker company based in Saint Vincent and the Grenadines.

AMarkets was founded in 2007 in Russia, but with offices in Kingstown, Saint Vincent, and the Grenadines, it is registered by the Financial Services Authority of Saint Vincent and the Grenadines (SVG).

AMarkets is affiliated with The Financial Commission, a dispute resolution body, as well as the independent body, Verify My Trade, which audits execution quality.

AMarkets provides four account types, a fixed account, standard account, ECN account, and Bitcoin account. There is a special account for institutional clients and Islamic accounts can be opened.

A minimum deposit of $100 is needed to open an account.

 

Amega

Amega FX is an unregulated forex broker in the Marshall Islands that offers the MT5 and MT4 forex trading platforms to trade over 25 forex currency pairs, CFDs, futures, gold, silver, oil, bitcoin, and other cryptocurrencies.

The broker was established in 2017 and also has offices in Cyprus, Russian Federation, and Vietnam.

Account Types available are Mini, Premium, Swap Free, PAMM, and Scalper accounts and can be opened with a minimum deposit of only $1.

 

Anzo Capital

 

Overall Rating

4.7/5

Rated #335 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

IFSC 

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

45

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Anzo Capital is an online Forex and CFD broker company based in Belize. The company was founded in 2015 by an assembly of professionals and now has offices all around the world.

Anzo Capital is regulated by a three-tier regulator, the IFSC (International Financial Services Commission), and offers customers two different account types: The STP Account – commission-free, with floating spreads that begin at 2.2pips on majors and a minimum deposit requirement of 100 USD; and an ECN Account – with a commission fee of 7 USD/lot RT, floating spreads from 0.1pip and a minimum deposit requirement of 500 USD.

Anzo Capital clients are able to trade in over 80 currency pairs, gold, silver, energies, and equity indices.

 

ATIORA

Atiora Ltd is an ECN broker that offers forex and CFD trading via the MT4 platform, WebTrader, and a Mobile App.

Atiora Limited was established in 2015 and is registered with the Financial Services Commission in St Vincent and the Grenadines.

The broker offers one basic account and a demo account but offers a wide range of trading instruments including over 50 currency pairs, Spot Metals, Energy, Oil, and CFDs for trading options.

The minimum deposit to open an account is only $1.

 

AtlasForex

AtlasCapital, a subsidiary of Atlas Bank, is an online Forex and CFD Broker with headquarters in Limassol, Cyprus where it is regulated under CySEC, EEA Authorized by FSA (UK), and in compliance with MiFID (EU)

Clients’ funds are held in segregated accounts and transactions on the site are protected with up to 256-bit Secure Sockets Layer encryption.

ACFX offers the MT4 platform and three types of accounts: MT4 normal account, MT4 crypto account, and DCTrader account.

 

CapproFx

CapproFX is an online broker with a registered office in London, UK, and a maintained support office in Hong Kong, but has not obtained any license from the local respected authorities.

CapproFX provides services for trading in Forex, Commodities, and CFDs and performs trading through liquidity providers with competitive conditions.

It seems however that the address in the UK may be a virtual one, with the company office actually located in India. CapproFX also receives numerous negative reviews from the traders, which faced complications with withdrawals, misunderstanding about the closing of positions, as well as the removal of profits.

 

CPT Markets

 

Overall Rating

4.7/5

Rated #285 of
Recommended FX Brokers

💰Minimum Deposit

USD 100

🌐 Regulators

FCA, IFSC

📱 Trading Desk

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

CPT Markets is part of CPT Markets Limited, registered in Belize and licensed under the International Financial Services Commission of Belize. Originally called Citypoint Trading Ltd, the UK branch was established in 2008 with headquarters in London.

The broker is also regulated by the FCA and provides the MT4 trading platform for trade on 50 markets with instruments including Forex, Precious Metals, Cash Indices, and Energy Futures.

The minimum deposit to open an account is 100 US$ and a demo account is also provided.

 

Deriv

 

Overall Rating

4.3/5

Rated #365 of
Recommended FX Brokers

💰Minimum Deposit

USD 5

🌐 Regulators
FSA, MFSA, VFSC
📱 Trading Desk

MetaTrader 5

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Deriv, previously known as the online broker Binary.com, is a forex broker company with head office in the United States with offices in Malta, Malaysia, and Japan. The company was founded in 1999 by Binary Group and is a valued name in the binary options trading business.

In 2016 Binary.com was started and introduced the first Bitcoin accounts.

After a rebrand it became the new and improved Deriv, now providing an expanded product range but offering only a demo account and a Standard type of account. There is no minimum deposit when using cryptocurrencies, with payments processed in three blockchain confirmations.

Deriv offers three different trading platforms, DMT5, DTrader, and DBot.

The product range includes Forex (close to 50 FX currency pairs), Stock indices, Synthetic indices, and Commodities (precious metals, such as gold and silver, plus energies like oil).

 

FortFS

 

Overall Rating

4.7/5

Rated #244 of
Recommended FX Brokers

💰Minimum Deposit

USD 5

🌐 Regulators

📱 Trading Desk

Meta Trader 4, Meta Trader 5

Crypto

Yes

📈 Total Pairs

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

Fort Financial Services (FortFS) is a forex broker company based in Kingstown, in St Vincent and Grenadines. Fort Financial Services was founded in 2010 and operates under license from the International Financial Services Commission of Belize.

Fort Financial Services offers a wide range of tradable contracts – more than 500 contracts to choose from and four account types to traders, called the Newbie, Fort, Flex, and Pro accounts.

The Newbie account offers low floating spreads, the Fort account provides fixed spreads and the Flex account offers low floating spread and market execution, which makes it the most popular account type. The Pro account is suitable for professionals and offers interbank ECN liquidity, market execution, and low spreads.

The minimum deposit required by the broker is 5 USD for Fort, Flex, and Newbie Accounts. For the Pro Account, a trader will need 500 USD as the minimum deposit.

There are no commissions for Forex and Precious Metals but for zero spread assets it could be from $ 20 for majors to $ 50 for more exotic currency pairs.

 

GKFX Prime

 

Overall Rating

4.3/5

Rated #422 of
Recommended FX Brokers

💰Minimum Deposit

USD 0

🌐 Regulators

MFSA

📱 Trading Desk

Meta Trader 4

Crypto

Yes

📈 Total Pairs

42

☪️ Islamic Account

No

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️ Visit Broker

 

GKFX Prime is a relatively young Forex broker that was established only in 2012 and has its headquarters in Tortola in the British Virgin Islands.

GKFX Prime is a part of the Global Kapital Group, a financial company with offices in several parts of Europe and regulated by organizations like BaFin, CONSOB, CNB, and the AMF.

GKFX Prime provides trading of more than 200 products, including Forex, CFDs, commodities, equities, indices, and precious metals through the use of several popular trading platforms.

Account types include a Standard FIXED account with spreads from 1.8 pips, a Standard Variable account with spreads from 1.3 pips, an ECN Zero Account with spreads from 0.0 pip, and a VIP Variable account with spreads from 0.6 pip.

Swap-free accounts can be opened with commission charges of $10 per lot per day on all FX positions. A corporate account requires a minimum deposit of $25 000, with leverage up to 1:400 and an average spread of 1.0 pip on EUR/USD.

 

InstaForex

 

Overall Rating

4.8/5

Rated #40 of
Recommended FX Brokers

💰Minimum Deposit

USD 1

🌐 Regulators

CySEC, FSC

📱 Trading Desk

MetaTrader 4

Crypto

Yes

📈 Total Pairs

4

☪️ Islamic Account

Yes

📊 Trading Fees

Low

🕒 Account Activation Time

24 Hours

🏛️Visit Broker

 

InstaForex was established in 2007 and is a well-regulated and award-winning broker offering more than 300 financial instruments and MetaTrader 4 and MetaTrader 5 as trading platforms.

InstaForex provides a variety of flexible trading accounts, some of which offer commission-free trading, free VPS, a variety of trading tools, and educational material.

The broker is regulated by CySEC, BVI, and SVGFSA.

 

What is leverage?

Leverage can be described as the use of borrowed funds to increase a trader’s trading position beyond what would be possible from their cash balance itself. Brokers allow this use of leverage through margin trading, where the broker provides the borrowed funds to enable a trader to get a much larger exposure to the market the person is trading in than the amount that was deposited to open the trade.

 

How does leverage work?

Leverage works by using a deposit, known as margin, to provide the trader with increased exposure to an underlying asset, meaning the person puts down a fraction of the full value of a trade and the provider is loaning him the rest. The trader’s total exposure compared to the margin is known as the leverage ratio.

 

The benefits of using leverage

Magnified profits – A trader only has to put down a fraction of the value of a trade to receive the same profit as in conventional trade.

Gearing opportunities – Using leverage can free up a trader’s capital to be committed to other investments, an ability known as ‘gearing’.

Shorting the market – Using leveraged products to speculate on market movements enables a trader to benefit from markets that are falling, as well as those that are rising, which is known as ‘going short’.

 

Drawbacks of using leverage

Magnified losses – Margins magnify not only profits but losses too.

No shareholder privileges – When trading with leverage, a trader gives up the benefit of taking ownership of an asset, which has implications on dividend payments.

Margin calls – If a trader’s position moves against him the person will need to add capital or exit positions.

Funding charges – When using leverage a trader is being lent the money to open the full position at the cost of his deposit and if a position is kept open overnight, a fee will be charged.

 

Conclusion

A high leverage ratio indicates a company is largely financed by debt and increases the insolvency risk because it becomes more difficult to meet financial obligations when the company’s assets suddenly drop in value.

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

You might also like

Best Consumer Discretionary Stocks in Kenya

Retail and distribution opportunities in Africa’s developing economies are highly attractive to multinational corporations. Increasing household spending, which is forecast to reach $2.5 trillion by

Exclusive Markets Review

    Overall, Exclusive Markets offer traders a choice between three live account types, namely a Standard Account, Pro Account, and an Exclusive Account. Exclusive

eXcentral Review

  Overall, eXcentral offers the following account types: There are four account types offered at eXcentral: Classic, Silver, Gold, and VIP.eXcentral offers two trading platforms,

ForexMart Review

  Overall, ForexMart is considered a trustworthy, low-risk broker with leverage from 1:500, low fixed spreads from 0.0, minimal lot of 0.01, and a minimum deposit of $15

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x