Australian brokers are regulated by ASIC who in 2021 set the maximum leverage for retail traders to 30:1. While all ASIC regulated brokers are restricted to this level they do vary when it comes to professional leverage.

Higher levels of leverage are also available through overseas forex brokers who accept Australian traders. We added two such brokers that are regulated overseas including one regulated by the FMA in in New Zealand.

Australian High Leverage Forex Brokers

Our list of the best forex broker with high leverage are:

ASIC REGULATED BROKERS
Broker Our Rating Regulation Standard
EUR/USD Spread
Standard
GBP/USD Spread
Standard
AUD/USD Spread
Raw
EUR/USD Spread
Raw
GBP/USD Spread
Raw
AUD/USD Spread
Commissions
(USD Base)
MetaTrader 4 MetaTrader 5 cTrader Execution Speed Minimum Deposit Currency Pairs Crypto CFDs Retail Leverage Prof. Leverage
98 ASIC, FCA
CySEC, DFSA
1.12 1.69 1.22 0.10 0.60 0.30 $3.50 77ms $0 62+ 12+ 30:1 500:1 Visit Site
72 FMA, FSA 1.20 1.4 1.7 0.23 0.72 0.65 $3.00 72ms $0 64+ 11+ 500:1 500:1 Visit Site
57 ASIC, CySEC, MAS
FCA, FMA, DFSA
EFSA, FSA, FSCA
1.70 2.3 1.4 - - - - 140ms $100 71+ 15+ 30:1 300:1 Visit Site
43 ASIC, CySEC, MFSA
FCA, FSA, FINRA
GFSC
1.0 2.0 1.0 - - - - 130ms $200 (Australia), $50-$100 (EU) 49+ 46+ 30:1 400:1 Visit Site
69 ASIC, MAS, FCA
CIRO, FMA, BaFin
1.12 1.30 1.64 0.5 0.9 0.6 $2.50 138ms $0 338+ 19+ 30:1 500:1 Visit Site
85 ASIC, FSA-S
CySEC
0.62 0.83 0.77 0.02 0.23 0.17 $3.50 134ms $0 61+ 18+ 30:1 500:1 Visit Site
71 ASIC, FCA, BaFin
FINMA, NFA/CFTC, MAS
CySEC, DFSA, FMA
JFSA, BMA, FSCA
1.13 1.66 1.01 0.16 0.59 0.29 $6.00 174ms $450 100+ 12+ 30:1 200:1 Visit Site
81 NFA/CFTC 1.4 2 1.4 - - - 120ms $0 68+ (Spot) - 50:1 100:1 Visit Site
61 CIRO, FCA, NFA, CFTC, MAS, JFSA, CIMA 1.2 1.5 1.4 - - - $7.00 30 ms (May 2023) $100 80+ - 33:1 33:1 Visit Site
 

What Forex Brokers Have The Highest Leverage?

The broker with the highest leverage will depend on the jurisdiction the broker is operating from. In Australia, Europe, the UK and the UAE, the maximum leverage is 1:30 for major forex pairs.

1. Australia (ASIC) 1:30 Leverage with Pepperstone

Australia (ASIC)

Forex Panel Score

98

Average Spread

EUR/USD = 1.12
GBP/USD = 1.69
AUD/USD = 1.22

Trading Platforms

MT4, MT5, cTrader, TradingView

Minimum Deposit

$0

Why We Recommend Pepperstone

We recommend Pepperstone for Australian traders because they offer the maximum 1:30 leverage for trading forex, while also offering raw spreads with no markups. The platform also has an average execution speed of 25 milliseconds.

Pros & Cons

  • MetaTrader 4, MetaTrader 5, TradingView and cTrader
  • Competitive spreads (EUR/USD spread of 1.12 pips)
  • Average execution speeds of 77 milliseconds
  • Only offers third-party platforms
  • No trading on physical assets
  • US clients not accepted

Broker Details

We Recommend Pepperstone With A Score of 94/100

We awarded Pepperstone the best Australian forex broker and since they also offer the maximum leverage available for retail (30:1) and professional traders (500:1) it was logical they were awarded the best overall.

YouTube video

Here’s why we love Pepperstone:

  • Their technology stack offers a great environment
  • They offer the best trading platform range
  • Both spreads and commissions are competitive
  • They offer a great range of currency pairs and CFDs
  • The customer support is Melbourne-based
  • They won client satisfaction awards

Pepperstone ReviewVisit Pepperstone

Pepperstone Has The Highest ASIC Regulated Leverage Allowed

All ASIC-regulated forex brokers can only offer 30:1 to retail traders. Traders in Australia can only get higher leverage by using a non-regulated broker such as Blackbull or by nominating to become a professional trader which has strict requirements. The maximum leverage figures for Australian traders are shown below.

Forex Broker Retail Leverage Professional Leverage Regulation
Pepperstone 30:1 500:1 Australia (ASIC)
IC Markets 30:1 500:1 Australia (ASIC)
Blackbull Markets 500:1 500:1 New Zealand (FMA)
Eightcap 30:1 500:1 Australia (ASIC)
Plus500 30:1 300:1 Australia (ASIC)
FP Markets 30:1 500:1 Australia (ASIC)
CMC Markets 30:1 500:1 Australia (ASIC)
eToro 30:1 400:1 Australia (ASIC)
AvaTrade 30:1 400:1 Australia (ASIC)

Pepperstone has fast execution based on our testing

As with all ASIC-regulated Forex Brokers, forex leverage is limited to 30:1 for major currency pairs and 20:1 for minor pairs using retail investor accounts.  Maximum leverage for other products includes 20:1 for gold and major stock indices and 10:1 for silver and other commodities. If you wish to trade cryptocurrencies, the maximum leverage is 2:1 and 5:1 CFD shares.

While leverage can greatly increase your profits, it can also increase your losses. For this reason, we recommend looking for a broker with fast execution speed. Faster execution speed reduces your risk of slippage, which protects you from undesirable losses.

To find out which brokers have the best execution speed, our CompareForexBrokers technology research analyst, Ross Collins, tested 20 brokers to find out which brokers were the fastest. In Ross’ tests, we found Pepperstone was the fastest ASIC-regulated Forex broker for limit order speed with an average execution speed of 77 ms. The only broker to beat them was New Zealand broker, BlackBull Markets, with an average limit order execution speed of 72 ms. We say this is an outstanding result for Pepperstone as it compares very well with other brokers such as ThinkMarkets (161ms), Markets.com (151ms), and FP Markets (225ms).

Our test also found that Pepperstone did very well for Market Orders. With a market order execution speed of 100 ms, Pepperstone finished 5th of all the brokers we tested, slightly behind Fusion Markets and FP Markets. We discuss Market Orders in more depth in the FP Markets section.

We found it easy to sign up for a Pepperstone account. No card is required!

Our CEO at CompareForexBrokers, Justin Grossbard, opened a trading account with 20 different brokers to see which has the easiest sign-up process. Justin rated Pepperstone 9/10 for the account opening experience. It took him less than 10 minutes to register his basic details (name, address, email) and answer a few basic questions such as salary. You also need to answer 10 simple questions proving you have a basic understanding of trading and its risks.

Perhaps the only hassle Justin found was the need to provide some form of verification ID. This means uploading an image of a primary ID to Pepperstone’s secure client area such as:

  1. Passport
  2. Driver’s License
  3. Government Issued Photo ID

and one photo of a secondary ID such as:

  1. Utility Bill (Phone, Electricity, Gas)
  2. Bank or Credit Card Statement
  3. Government-issued Issued Tax Documents
  4. Birth Certificate
  5. Citizen Certificate

Once done, you simply choose either a demo or live account, your desired trading platform (MetaTrader 4, MetaTrader 5, cTrader, or TradingView), and the type of trading account. As a bonus, Justin found that you don’t need to make a deposit or even provide any funding account details like credit cards. This makes it easy to start practising with a demo account right away and not commit your own money until you are ready to start trading live.

Pepperstone offers you two retail investor accounts:

  • The Standard account (spread-only – no commissions)
  • The Razor account (commission-based)

Both Standard and Razor accounts offer both MetaTrader platforms and Capitalise.ai, while only Razor also offers cTrader and TradingView.

If you are using MT4, MT5, or Capitalise.ai with the Razor account, commission costs will be AUD or USD 3.50 per standard lot ($7.oo round-turn). For cTrader and TradingView, commissions are USD 6.00 for each standard lot (round-turn). Spreads with this account can be as low as 0.0 pips which means you will not pay any spread.

For the standard account, you’ll pay no commissions. Spreads with this account can be as low as 1.0 pips.

pepperstone accounts and platforms australia

 

Pepperstone Trading Platforms

Pepperstone’s range of trading platforms is one of the most diverse that we’ve seen.

Not only does it offer MT4 and MT5, but Pepperstone also includes Smart Trader Tools to make your MetaTrader experience even better. Among the 28 apps included with Smart Trader tools, we like Smart Lines and Mini Terminal which help you manage your trading risks.

Then there is cTrader, which we see as a good alternative for traders wanting extra charting tools, depth of market visibility and the ability to control order fills. Like MetaTrader’s EAs (Expert Advisors), cTrader lets you automate your trading using cBots.

TradingView is a specialised charting platform. In addition to a wealth of analysis tools and charts to help you identify trading opportunities, you can trade directly from the charts.

The last major platform is Capitalise.ai which allows you to automate your trading without the need for code. To use this, you will need to use MetaTrader 4.

Should you wish to social trade, Pepperstone has the following options – MetaTrader Signals, Myfxbook, and DupliTrade. All these programs work via trading signals, which allow you to copy the trades of other, more experienced traders.

Our Verdict on Pepperstone

For traders looking for the best high-leverage forex broker, Pepperstone offers an attractive combination of sizable margins, advanced trading tools, sophisticated trading platforms, and tight spreads. We consistently rate Pepperstone as our top broker, across most categories, with a total score of 923/1000.

Pepperstone ReviewVisit Pepperstone

Broker Screenshots

2. New Zealand (FMA) 1:500 Leverage with BlackBull

New Zealand (FMA)

Forex Panel Score

72

Average Spread

EUR/USD = 1.2
GBP/USD = 1.4
AUD/USD = 1.7

Trading Platforms

MT4, MT5, TradingView, Blackbull Trade

Minimum Deposit

$0

Why We Recommend BlackBull Markets

We recommend BlackBull for traders in Zealand because they offer the maximum 1:500 leverage for trading forex and some of the lowest spreads on the market. BlackBull also offers the fastest execution speed on the market, as per our execution speed testing.

Pros & Cons

  • Fastest execution speed in NZ
  • ECN/NDD execution model that offers deep liquidity
  • Institution-grade pricing for retail traders
  • Limited deposit options
  • Above-average commissions on forex pairs
  • No cTrader and TradingView

Broker Details

BlackBull Markets Offers 500:1 leverage

Blackbull is not regulated in Australia by ASIC. Instead they are regulated in New Zealand by the FMA (a ‘tier 1’ regulator). The FMA allows significantly higher leverage of 500:1 which was offered in Ausralia prior to 2021.

High leverage isn’t Blackbull’s only strength with also includes:

  • The fastest execution speed (0.72ms) of any forex broker
  • Low spreads on standard or ECN account trading
  • A plethora of trading platform including MT4 and MT5

How Blackbull Tested The Fastestest For Execution Speed

In our Pepperstone review, we explained how our tests showed that Pepperstone was the fastest ASIC-regulated broker for limit orders. BlackBull Markets is the fastest broker overall, with an execution speed of just 0.72 ms for limit orders.

BlackBull Markets also performed excellently in our test for market orders.  When our own, Ross Collins, tested for market orders, he found that BlackBull Markets has a market order speed of 90 ms, second only to Fusion Markets with 77 ms.

With BlackBull Markets finishing first for limit orders and second for market orders in our tests, BlackBull Markets is our overall winner for execution speed. When trading with high leverage, especially when it is 500:1 like BlackBull Markets’ offers, it’s important to use a broker with fast execution speeds, as this greatly reduces your risk of slippage (which can be very costly when markets move against your trading position quickly).

Broker Execution Type Overall Rank Limit Orders Market Orders
Blackbull Markets NDD/STP 1 1 2
Fusion Markets NDD/STP 2 3 1
Pepperstone NDD/STP 3 2 5
Hugos Way ECN 4 6 3
TMGM NDD/STP 5 4 7
FXCM Market Maker 6 8 6
City Index Market Maker 7 7 8
FxPro NDD/STP 8 10 9
Axi NDD/STP 9 5 15

Diverse Account Types

Like the best forex brokers we’ve reviewed, BlackBull Markets offers multiple account types to cater to all traders. Both beginners and experienced forex traders will benefit from ECN-style, STP execution with deep liquidity, while institutional investors can choose from among four different servers in major financial hubs.

Blackbull Markets Account Types

BlackBull Markets’ Standard account charges no commissions. However, costs are instead factored into the spreads, which start at 0.8 pips. The ECN Prime account offers tighter spreads starting at 0.0 pips but charges AUD 7 per trade, round-turn.

For larger investors, BlackBull Markets offers the ECN Institutional account with spreads as low as 0.0 pips and commissions dependent on the trade size. With this account, you can execute trades via four Equinix servers located in key financial markets: New York, Shanghai, Tokyo, and London.

BlackBull Markets offers all forex traders an ECN-like, no-dealing desk trading experience, regardless of account type. For this reason, we scored BlackBull Markets 79/100 on its trading experience.

BlackBull Trading Platforms

True to its financial technology roots, BlackBull Markets doesn’t skimp when it comes to trading platforms. In addition to the standard versions of popular MetaTrader 4 and MetaTrader 5 trading platforms, BlackBull Markets also offers a webtrader platform that allows access to MT4 from any device.

blackbull trading platform

Social traders have access to a MyFxBook integration for MetaTrader 4, as well as ZuluTrade and Hokocloud. Virtual Private Servers (VPS) and API trading are also available.

Our Verdict on BlackBull Markets

The combination of fast execution, deep liquidity, and ultra-high leverage makes BlackBull Markets one of the best forex brokers in our eyes, especially for an authorised broker outside of Australia.

Broker Screenshots

3. Singapore (MAS) 1:20 Leverage With Plus500

Singapore (MAS)

Forex Panel Score

57

Average Spread

EUR/USD = 1.7
GBP/USD = 2.3
AUD/USD = 1.4

Trading Platforms

Plus500 Trading Platform

Minimum Deposit

$100

Why We Recommend Plus500

We chose Plus500 as the best high-leverage broker for Singapore traders since they offer the maximum 1:20 leverage for trading forex and also offer low spreads. As a market maker, Plus500 also issues no commissions to its traders.

Pros & Cons

  • Well-regulated market maker
  • Good variety of CFDs to trade
  • Solid risk management tools
  • Lack of trader education materials
  • Does not have MetaTrader 5, TradingView and cTrader
  • Does not have a commission-based RAW account

Broker Details

PLUS500 OFFER 1:20 LEVERAGE ON FOREX PAIRS IN SINGAPORE

Plus500 is a market maker that offers the maximum leverage permitted by MAS (1:20) in Singapore.

PLUS500 RISK MANAGEMENT FEATURES

Plus500 offers a range of risk management features ranging from guaranteed stop-loss orders (GSLOs) to negative balance protection.

Additionally, various trading tools are free to use, such as customizable alerts, market news, economic calendar, and educational resources online.

PLUS500 HAS NO COMMISSION FEES

Plus500’s spread starts from 0.01% and varies depending on the financial instrument you want to trade.

Additional fees include:

  • Overnight funding which depends on the trade size and guaranteed stop orders, which adds a minimum of 10% to the spread.
  • Inactivity charge of $10 per month if you haven’t logged in for three months.

PLUS500 OFFERS A WIDE VARIETY OF PRODUCTS & COMPETITIVE SPREADS

The market maker offers more than 70 forex pairs, 1100+ stocks, 98 ETFs and 15 cryptocurrencies to its Singaporean traders.

You can access them in Plus500’s Standard Account which offers competitive spreads, such as 1.7 pips on EUR/USD and 1.4 pips on AUD/USD.

Broker Screenshots

4. United Arab Emirates (ADGM) 1:30 Leverage With eToro

United Arab Emirates (ADGM)

Forex Panel Score

43

Average Spread

EUR/USD = 1
GBP/USD = 2
AUD/USD = 1

Trading Platforms

eToro Trading Platform

Minimum Deposit

$50

Why We Recommend eToro

We recommend eToro for the UAE because they are the best high-leverage forex broker that also offers access to social trading.

Pros & Cons

  • 1:30 leverage on standard accounts & 1:400 on professional accounts
  • Social/Copy trading
  • Deposit requirement of only 200 AED
  • Inactivity and withdrawal fees
  • Too few technical analysis tools
  • No MT4, MT5, cTrader or TradingView

Broker Details

ETORO OFFERS THE MAXIMUM LEVERAGE IN UAE OF 1:30

Under the Dubai Financial Services Authority (DFSA) legislation, the maximum leverage for retail traders is 1:30 on major currency pairs.

Investors on eToro can open a professional trading account with eToro to increase the maximum leverage on forex pairs to 1:400 after passing their test.

eToro also offers copy trading. You can track how investors feel about every one of those currencies, and ‘’copy’’ other trader’s suggestions.

SPREADS & FEES ON ETORO’S STANDARD ACCOUNT

eToro’s Standard Account charges a fee on currency CFD trades through the spread.

Spreads are variable depending on the currency and start from 1 pip for EUR/USD trades, 1.5 pips for EUR/GBP, and 2 pips for GBP/USD. Overnight and weekend fees apply.

ETORO OFFERS MANY FINANCIAL PRODUCTS AS A MARKET MARKET

Trading with eToro will give you access to 49 forex pairs, 263 ETFs, 2961 stocks and 41 cryptocurrencies to trade.

etoro brief account types and products

5. United Kingdom (FCA) 1:30 Leverage With CMC Markets

United Kingdom (FCA)

Forex Panel Score

69

Average Spread

EUR/USD = 1.12
GBP/USD = 1.3
AUD/USD = 1.64

Trading Platforms

MT4, CMC NGEN

Minimum Deposit

$0

Why We Recommend CMC Markets

We recommend CMC Markets for trading with leverage in the UK as the forex broker offers the maximum leverage of 1:30, as per FCA regulations.

Pros & Cons

  • Most currency pairs in the UK
  • Good spreads on the majors
  • No minimum deposit requirement
  • High stock CFD fees
  • Only CFDs are available
  • Trade speed is not fast

Broker Details

CMC MARKETS OFFER LEVERAGE OF 1:30 IN THE UK TO RETAIL TRADERS

Regulated by the FCA in the UK, CMC Markets offers up to 1:30 leverage on the major forex pairs.

CMC Markets also offers Spread Betting to its investors in the UK market with up to 1:30 leverage.

Professional clients can access leverage on CMC Markets of up to 1:500.

Note that cryptocurrency CFDs are banned for UK retail traders.

CMC MARKETS OFFER GUARANTEED STOP-LOSS ORDERS

To protect its investors, CMC Markets offers the functionality to set a guaranteed stop loss to protect your trades from unnecessary losses during times of volatility.

CMC MARKETS’ ACCOUNT TYPES & SPREADS

  • Standard

The market maker provides access to competitive spreads, such as a 1.12 pips spread on EUR/USD and 0.857 spreads on EUR/GBP.

  • FX Active

The FX Active’s execution type is the combination of Market Maker & STP with some of the lowest commission rates – $2.50 USD per side.

6. European Union (CySEC) 1:30 Leverage With IC Markets

European Union (CySEC)

Forex Panel Score

85

Average Spread

EUR/USD = 0.62
GBP/USD = 0.83
AUD/USD = 0.77

Trading Platforms

MT4, MT5, cTrader

Minimum Deposit

$200

Why We Recommend IC Markets

We recommend IC Markets for leverage trading for European traders as the forex broker offers the maximum leverage of 1:30, as per CySEC regulations.

Pros & Cons

  • Competitive raw spreads
  • No deposit or withdrawal fees
  • Minimum deposit requirement of $200
  • Commissions are $2.50 USD per side
  • No fixed spread account

Broker Details

Our IC Markets testing revealed low standard account spreads of 1.03 pips

Like Pepperstone, IC Markets has grown to become one of the largest forex brokers in the world since commencing operations in Sydney in 2007. As a no-dealing desk broker, IC Markets sources its prices from over 25 liquidity providers and uses a simple pricing model, giving you a choice of a commission and no-commission account.

Key Strengths of IC Markets

  1. Tight spreads
  2. Three top Forex trading platforms
  3. Fast executions speed
  4. 24/7 customer support

Tight Spreads When Trading To Save On Costs

Trading with high leverage can greatly increase your returns or your trading costs. The most important trading cost to consider is your spreads. When comparing brokers, we always look for tight spreads across currency pairs and other financial products we want to trade.

For a standard account, we have observed most brokers advertise a minimum spread of 1 pip, with a few listed slightly lower or higher. To find out what the spreads were really like, Ross Collins, Chief Technology Researcher at CompareForexBrokers, tested the spreads for standard accounts of 20 brokers. We found that IC Markets finished on top, ahead of CMC Markets and Fusion Markets with an average spread of 1.03 pips. Ross did a deep dive explaining how he did his testing and methodology and wrote about it on his Standard Spread Account Testing.

Broker Average Spread Average Spread Cost (USD)
IC Markets 1.03 $9.63
CMC Markets 1.11 $10.10
Fusion Markets 1.19 $11.07
TMGM 1.21 $11.18
Admiral Markets 1.31 $11.96
FXCM 1.47 $13.49
Pepperstone 1.46 $13.52
FP Markets 1.47 $13.60
Go Markets 1.49 $13.87
EightCap 1.51 $13.97
OANDA 1.54 $14.23
Axi 1.71 $15.99
City Index 1.79 $16.52
Blackbull Markets 1.82 $16.95
FXPro 2.22 $20.83

As part of his findings, Ross explained that 1.03 pips were equal to a cost of USD $9.63 per lot. So if you are a frequent or high-volume trader, you will pay USD 9.63 for every $100,000 you trade. To contrast, our worst-performing broker FXPro, averaged spreads of 2.22 pips or USD $20.83. So, for example, if we trade 10 lots ($96.30 to $200.83), we will have paid over $100 more than we needed to.

Broker Spread Cost per 100,000 lot Cost for 10 x 100,000 lots Extra Cost vs IC Markets
IC Markets 1.03 $9.63 $96.30
FusionMarkets 1.19 $11.07 $117.00 $20.70
FP Markets 1.47 $13.60 $136.00 $39.70
EightCap 1.51 $13.97 $139.70 $43.40
FXPro 2.22 $20.83 $208.30 $112

IC Markets Trading Accounts

You can open 3 trading accounts with IC Markets: a Standard and two Raw Spread accounts. The standard account only allows trading on MT4 and MT5, while Raw Spread adds cTrader to the mix.

As a spread-only account, the Standard account charges no commissions with spreads starting from 0.6 pips. These are competitive spreads for a zero-commission account, most of which charge 1 pip from our observation.

The Raw Spread account charges different commissions based on which platform you choose. With MT4 or MT5, you will pay AUD 7 round-turn whereas with cTrader you will pay USD 6 round-turn (which will need to be converted to AUD). Like most ECN-style accounts, spreads start as low as 0 pips with Raw Spread.

In fact, IC Markets had the lowest average forex market spreads compared to other brokers, according to spread testing findings by our very own Ross Collins, head of technology research.

ic markets trading accounts and products au

IC Markets Trading Platforms

In addition to the MT4, MT5, and cTrader trading platforms, you can also use ZuluTrade for trading.

ZuluTrade is a social trading platform that allows you to copy the trades of successful traders. You can automate your trading by doing this. With around 2 million users, ZuluTrade is as successful as any copy trading platform that we’ve seen. You can integrate ZuluTrade with MT4 for extra trading features. All of IC Markets’ platforms are available on all devices: on desktop, as a webtrader, and via mobile app.

Our Verdict on IC Markets

With great platforms, tight spreads, and high leverage, IC Markets is a good choice for beginners transitioning to more advanced trading strategies. We scored IC Markets 831/100, overall, as our second-best broker behind Pepperstone.

7. Germany (BaFin) 1:30 Leverage With IG Group

Germany (BaFin)

Forex Panel Score

71

Average Spread

EUR/USD = 1.13
GBP/USD = 1.66
AUD/USD = 1.01

Trading Platforms

MT4, IG Trading Platform, L2 Dealer, ProRealTime

Minimum Deposit

$0

Why We Recommend IG Group

We chose IG for trading with leverage in the German market as the forex broker offers the maximum leverage of 1:30, as per BaFin regulations.

Pros & Cons

  • A wide offering of trading products
  • No minimum deposit requirement (Standard Account)
  • Choice of 4 trading platforms
  • Below-average execution speed
  • Commissions of $3.50 per side
  • DMA account is only for professional traders

Broker Details

IG OFFER LEVERAGE OF UP TO 1:30 IN GERMANY

IG Group is a BaFin-regulated forex CFD broker in Germany and offers the maximum permitted leverage of 1:30.

IG OFFERS A WIDE VARIETY OF FINANCIAL PRODUCTS

Leveraged products offered by IG Group include:

  • Forex trading – 100+ currency pairs (1:30 for majors)
  • CFDs on Stock Indices – 100+ contracts (1:20)
  • CFDs on Soft Commodities, Metals and Energies – 47 contracts (1:10)
  • Cryptocurrencies – 8 digital coins (like Bitcoin) and the Crypto 10 Index (1:2)
  • Shares CFDs – 13,000+ Stocks (1:5)

Professional clients can access higher leverage of 1:200.

IG’S ACCOUNT TYPES AND SPREADS AS A MARKET MAKER

  • CFD Account – spreads as low as 1.13 pips on EUR/USD and 1.01 pips on AUD/USD and $0 minimum deposit requirement
  • DMA Account – 0.32 pips average on the top 5 most traded majors and $450 minimum deposit

8. USA (CFTC, NFA) 1:50 Leverage With OANDA

USA (CFTC, NFA)

Forex Panel Score

81

Average Spread

EUR/USD = 0.6
GBP/USD = 0.9
AUD/USD = 0.7

Trading Platforms

MT4, TradingView, OANDA Trade (fx Trade)

Minimum Deposit

$0

Why We Recommend OANDA

We recommend OANDA to traders in the USA as the forex broker offers the maximum leverage of 1:50, as per CFTC and NFA regulations, while providing over 65 currency pairs.

Pros & Cons

  • 65+ currency pairs, including majors and minors
  • Spread Only account offers 0.6 pips spread on EUR/USD
  • STP-style trading with their Elite Trader Account
  • No negative balance protection
  • No guaranteed stop-loss order
  • No swap-free account

Broker Details

OANDA OFFERS 1:50 LEVERAGE IN THE USA

OANDA operates in the USA as per NFA regulation and is licensed by the CFTC.

As per current NFA/CFTC rules, the maximum leverage allowed for retail Forex traders in the United States is 1:50 on major pairs.

When it comes to using leverage on cryptocurrencies, it is legal to do so in the US. However, regulation varies from state to state.

OANDA HAS THE LOWEST SPREADS ON THE MARKET

As a market maker, OANDA offers only 1 account type: ‘’Spread Only’’ which offers the lowest spreads out of the other USA-regulated brokers that we reviewed.

Spreads matter in leveraged trading, and this is why OANDA has average spreads on the top 5 majors standing at 0.70 pips while the industry average is 1.52.

OANDA OFFERS A WIDE VARIETY OF PRODUCTS

OANDA offers American traders access to 68 forex pairs and 8 cryptocurrencies.

The products are available to trade in their trading platforms OANDA Trade, MetaTrader 4 and TradingView.

9. Canada (CIRO) 1:50 Leverage With FOREX.com

Canada (CIRO)

Forex Panel Score

61

Average Spread

EUR/USD = 1.2
GBP/USD = 1.6
AUD/USD = 1.4

Trading Platforms

MT4, MT5, FOREX.com Trading Platform

Minimum Deposit

$100

Why We Recommend FOREX.com

We recommend FOREX.com to traders looking to use leverage in Canada as the forex broker offers the maximum leverage of 1:50, as per CIRO regulations.

Pros & Cons

  • Above average execution speed
  • Access to 84 currency pairs
  • Low spreads
  • Minimum deposit of $2,500 on RAW Account
  • No cTrader and TradingView

Broker Details

FOREX.COM OFFERS 1:50 LEVERAGE IN CANADA

The maximum leverage that Forex brokers are allowed to offer Canadian retail clients stands at 1:50, and this is the leverage that Forex.com offers.

Unlike other regulatory bodies, CIRO imposes spot risk margin rates based on the underlying FX volatility.

FOREX.COM’S ACCOUNT TYPES AS A MARKET MAKER

  • Standard Account – available with Forex.com’s Trading Platform, the forex broker offers spreads as low as 1.2 pips on EUR/USD and a minimum deposit of $100
  • MetaTrader Accounts – available with MetaTrader 4 and 5, the same spreads apply from the Standard Account
  • Raw Pricing Account – Forex.com offers low spreads on their Raw account with a $7.00 commission per side and a $2,500 minimum deposit requirement

FOREX.COM’S WIDE OFFERING OF FINANCIAL PRODUCTS

FOREX.com offers 80+ forex pairs, 2200+ Stock CFDs and 17 indices to its investors for leveraged trading.

forex-com account types and products for canadian traders 1.2