Here is a list of brokers offering great account options and excellent trading conditions.
Broker | Features | Broker Reviews | Visit |
 | * 1:1000 leverage * 210+ instruments * $15 min. deposit * CySEC licence | ||
 | * 1:1500 leverage * $100 min. deposit * FCA licence | ||
 | * 1:1000 leverage * FSA licence | ||
 | * 1:500 leverage * 10,000+ instruments * $100 min. deposit * ASIC licence | ||
 | * 1:888 leverage * 1000+ instruments * $5 min. deposit * CySEC licence | ||
 | * 1:500 leverage * $100 min. deposit * CySEC licence | ||
 | * 1:400 leverage * $100 min. deposit * ASIC licence | ||
 | * 1:3000 leverage * 550+ instruments * $100 min. deposit * SVG licence | ||
 | * 1:1000 leverage * 70+ instruments * $0 min. deposit * FSC licence | ||
 | * Low deposit * CySEC licence | ||
 | * 1:500 leverage * FCA licence | ||
 | * 1:500 leverage * $250 min. deposit | ||
 | * 1:1000 leverage * 950+ instruments * $250 min. deposit * CySEC licence | ||
 | * 1:500 leverage * 1000+ instruments * $200 min. deposit * ASIC licence | ||
 | * 1:500 leverage * 800+ instruments * $50 min. deposit * FSCA licence | ||
 | * 1:500 leverage * CySEC licence | ||
 | * 1:500 leverage * 70+ instruments * $5 min. deposit | ||
 | * 1:500 leverage * 300+ instruments * $50 min. deposit * SVG licence | ||
 | * 1:1000 leverage * 130+ instruments * $5 min. deposit * FCA licence | ||
 | * 1:2000 leverage * 140+ instruments * FCA licence | ||
 | * 1:500 leverage * $10 min. deposit | ||
 | * 1:1000 leverage * 1200+ instruments * $5 min. deposit * CySEC licence | ||
 | * 1:1000 leverage * 200+ instruments * $1 min. deposit * CySEC licence | ||
 | * 1:500 leverage * 80+ instruments * $200 min. deposit * ASIC licence | ||
 | * 1:500 leverage * $250 min. deposit * FSCA licence | ||
 | * 1:30 leverage | ||
 | * 1:200 leverage | ||
 | * 1:400 leverage | ||
 | * 1:1000 leverage | ||
 | * 1:500 leverage | ||
 | * 1:777 leverage |
Contents
What Is Leverage?
Leverage trading is a service offered by forex brokers. It allows you to trade large volumes using smaller amounts of capital. For example, if you want to trade $200 with a leverage of 2:1 you will only need to have 50% of the capital available to open the trade i.e. $100. The remaining money is lent to you by your broker.
Why Do Traders Need High Leverage?
High leverage forex trading enables you to borrow funds in order to trade with higher amounts of money. It gives you the opportunity to trade more than you have deposited and to therefore earn much larger profits. While this presents increased opportunity for traders, it also involves far more risk. As such, it is important that you learn how to trade with leverage and that you practice trading on a demo account.
What is the maximum leverage allowed?
High leverage forex trading is regulated in many countries. The leverage you get depends on your country of residence, your choice of forex broker, your trading experience, and your choice of trading instrument. As such, it is best to contact a forex broker’s customer support team to verify what leverage you can trade with.
How To Choose The Best Brokers With High Leverage
For those interested in high leverage trading, it’s important to consider key factors like account types, minimum deposits, regulations, platforms and trading conditions, not just the leverage on offer. Here are a few tips to help you find the best brokers with high leverage.
- Available Leverage – The amount of leverage available can vary from 1:2 to 1:1000 depending on which broker you choose to trade with. Be sure to research and compare different forex brokers before opening an account.
- Regulation – The best forex brokers are licensed by a reputable regulatory body. It is important to check their regulatory status. It is also important to see if they offer negative balance protection and a good level of client fund protection.
- Trading Conditions – The best forex brokers will offer a wide range of trading instruments including stocks, commodities, and cryptocurrencies. Try to also find brokers with fast trade execution and tight spreads.
- Minimum Deposits – Most forex brokers offer at least one cheap trading account. If you’re looking at new brokers, make sure you check that their minimum deposits are low and that they offer a few different payment methods.
- Trading Support – The best forex brokers will usually offer free educational resources and free market analysis. Look for a forex broker that also offers access to trading tools such as calculators, economic calendars, EAs, and chart indicators.
To learn more about the best forex brokers in Nigeria, be sure to check out our forex broker reviews. To find out more about their promotions and latest news, be sure to check out our blog.