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4 Best High Leverage Forex Brokers accepting US Traders

Edited by: Louis Schoeman

Best High Leverage Forex Brokers

 

The 4 Best High Leverage Forex Brokers Accepting US Clients – Rated and Reviewed. We have listed the Best High Leverage Forex Brokers that accept Clients in the United States.

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In this in-depth guide, you will learn:

 

  • The Best High Leverage Forex Brokers Accepting US Traders – a List
  • The Best High Leverage Broker in the USA for beginners
  • Forex Brokers with 1:5000, 1:10000, 1:3000, 1:2000, 1:100, and, Unlimited Leverage
  • Which Forex Broker gives the Highest Leverage in the United States?
  • What is the Best Leverage for Forex Trading?
  • The Best Leverage for Small Trading Accounts
  • What is the Highest Leverage in Forex?

 

and much, MUCH more!

 

6 Best High Leverage Forex Brokers accepting US Traders

 

4 Best High Leverage Forex Brokers Accepting US Traders – a Comparison

 

🔎 Broker🚀Open an Account📊 Leverage🤝 Accepts US Traders💶 Min. Deposit
🥇 Plus500👉 Click Here1:300✅Yes100 USD
🥈 IG👉 Click Here1:222✅Yes50 USD
🥉 OANDA👉 Click Here1:888✅YesNone
🎖️ Interactive Brokers👉 Click Here1:30✅YesNone

 

4 Best High Leverage Forex Brokers Accepting US Traders (2024)

 

  1. ☑️ Plus500 – Overall, the Best High Leverage Forex Broker for US Traders
  2. ☑️ IG – High Trust Score in the United States
  3. ☑️ OANDA – Best Online and Mobile Trading Experience
  4. ☑️ Interactive Brokers – Excellent Proprietary Offering

 

Plus500

 

Plus500

Plus500 is a highly regulated and trusted Forex and CFD Broker that offers a leverage of up to 1:300. License and Regulations include the CFTC, ASIC, FSCA, FCA, CySEC, FSA Seychelles, and, MAS. In addition, notable Factors and Features include:

 

  • Multilingual Website Option and Customer Support
  • Access to over 60 Currency Pairs
  • 100 USD Minimum Deposit
  • USD, GBP, and, ZAR Base Currencies

 

A Single Live Trading Account is paired with an Impressive Proprietary Trading Platform. Moreover, Trading instruments available for trade include Cryptocurrencies, Forex, indices, commodities, shares, options, and, ETFs. Furthermore, it should be noted that Plus500 does not support Scalping or Hedging.

 

🔎 Broker🥇 Plus500
📈 RegulationASIC, FSCA, FCA, CySEC, FSA Seychelles, MAS, CFTC
📉 Ease of Use5/5
📊 Support Hours24/7
💹 Trading PlatformsPlus500 platform
↪️ Account TypesLive Trading Account
💴 Base CurrenciesUSD, GBP, ZAR, EUR
📌 SpreadsFrom 0.8 pips
📍 Leverage1:300
💶 Currency Pairs60+; minor, major, and exotic pairs
💵 Minimum Deposit100 USD
💷 Inactivity FeeYes, 10 USD after three months of inactivity
🚀Open an Account👉 Click Here

 

Plus500 Overview

 

Pros and Cons

 

✅ Pros❌ Cons
The Plus500 platform does not have a high learning curve like other platformsPlus500 does not offer MetaTrader or any other third-party platforms
Plus500’s demo account is ideal for testing trading strategies and practicing tradingThere are high CFD fees because of wider, marked-up spreads
Plus500 works on a spread-only basis, free from commission feesThere is a 0.7% currency conversion fee

 

Our Insights

The Benefits of trading with Plus500 include Trusted Deposit Options, Secure Fund Withdrawal, Negative Balance Protection, and, a highly regulated trading environment.

 

IG Review

 

IG

IG is a popular and well-established Forex Brokerage with a Leverage of up to 1:222 on the Pro Account. In addition, it is regulated by ten Tier-1 Regulators, including the CFTC and NFA. Notable Factors and features include:

 

  • 24/7 Responsive and Dedicated Customer Support
  • MetaTrader 4 and Proprietary Trading Platforms
  • Several accounts, including Share Dealing and Spread Betting Options
  • USD Base Currency
  • Spreads from 0.1 Pips
  • Access to over 80 Currency Pairs

 

Trading instruments and Products include Forex, Indices, Share CFDs, Commodities, Cryptocurrencies, Futures, Options, Bonds, ETFs, Digital 100s, and, Interest rates. Furthermore, it should be noted that IG charges an inactivity fee, a currency conversion fee, and, an overnight fee.

 

🔎Broker🥇IG
📈 Regulation and LicensesFCA, BaFin, CySEC, FINMA, DFSA, FSCA, MAS, JFSA, ASIC, FMA, CFTC, NFA, BMA
📉 Ease of Use4/5
📊 Support Hours24/7
💻 Trading PlatformsMetaTrader 4, IG Platform, ProRealTime (PRT), L2 Dealer, FIX API
💴 Base CurrenciesUSD
📊 SpreadsFrom 0.1 pips DMA
📌 Leverage1:222 (Pro), 1:30 (EU, UK, Retail)
💸 Currency Pairs80+; major, minor, and exotic pairs
💳 Minimum DepositFrom 50 USD (differs per region)
🚫 Inactivity FeeYes, 12 USD after 2 years of inactivity
📍 Website LanguagesEnglish
💰 Fees and CommissionsSpreads from 0.1 pips, commissions from 0.10%
🚀Open an Account👉 Click Here

 

IG Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Access to over 17,000 instruments across marketsLimitations on customer support hours
Investing opportunities for high-volume tradersInactivity fees apply
Several advanced Trading platformsIG is not available in all regions

 

Our Insights

The benefits of trading with IG include access to the IG Academy, Risk management guidelines, Webinars, and, Seminars led by industry professionals.

 

OANDA

 

OANDA

OANDA is an acclaimed Forex, CFD, and Financial service provider with a leverage offer of up to 1:888. In addition, it is licensed and regulated by ten Tier-1 Regulators, including the CFTC and NFA. Moreover, notable factors and features include:

 

  • Standard and Premium Account Options
  • MetaTrader 4 and MetaTrader 5
  • Commission Free Trading on select accounts
  • USD, EUR, HKD, and, SGD Base Currencies
  • Access to Over 48 Currency Pairs

 

Trading instruments and Products include Forex, indices, commodities, metals, shares, energies, and, cryptocurrencies. In addition, Scalping and Hedging are supported.

 

🔎 Broker🥇 OANDA
💶 Minimum DepositNone
📌 Account TypesStandard, Elite Trader
🆓 Demo Account✅Yes
🎁 Bonus Offers✅Yes
✏️ Education✅Yes
📲 Mobile Trading✅Yes
🖱️ Trading PlatformMetaTrader 4
🚀Open an Account👉 Click Here

 

OANDA Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Great trading platformsOnly FX and CFD available for most clients
Outstanding research toolsLacking Customer Support
Low trading feesInactivity fee

 

Our Insights

The benefits of trading with OANDA include many trading accounts suited to Beginners, Casual Traders, Muslim Investors, and, Experienced Traders.

 

Interactive Brokers Review

 

Interactive Brokers

Interactive Brokers is a Highly regulated Forex Service provider with a comprehensive offering. Moreover, Leverage of up to 1:30 is offered, with spreads starting from 0.6 Pips. In addition, IBKR is governed by FINRA, IIROC, FCA, CSSF, CBI, MNB, ASIC, SFC, and, MAS. Notable factors and features include:

 

  • No minimum deposit required
  • 24/5 Dedicated Customer Support
  • Several Base currencies, including USD, AUD, and, EUR
  • Access to over 100 Currency Pairs
  • Multilingual Website Option
  • Scalping and Hedging are Offered

 

Furthermore, trading instruments and products include Forex, Stocks, ETFs, Options, Futures, Indices, Mutual funds, Cryptocurrencies, Metals, and, Bonds.

 

🔎 Broker🥇 Interactive Brokers
💴 Min. DepositNone
💶 Inactivity FeeNone
📈 Tradable AssetsForex, Metals, Futures, ETFs
🪙 Crypto Trading✅Yes
📉 MT4 / MT5None
📊 Proprietary Platforms✅Yes
📲 Mobile App✅Yes
🤝 Customer Support24/7
✏️ Education✅Yes
📍 Account TypesIBKR Pro and Lite
🚀Open an Account👉 Click Here

 

Interactive Brokers Overview

 

Pros and Cons

 

✅ Pros❌ Cons
Low commissions and feesIntimidating Platform
Excellent educational materialsComplex tiered pricing plans
Reliable trade executionLacking Customer Support

 

Our Insights

The benefits of trading with IBKR include Account options suited to Beginner and Professional Traders. Moreover, Web, Desktop, and Mobile trading platforms are also available.

 

Margin in Forex

 

What is Leverage in Forex?

Leverage describes the process of borrowing funds to open trading positions. Funds deposited in a margin account are a form of collateral, or essentially, a loan from the trader’s selected broker.

In turn, the loan will allow the trader to leverage their funds, opening Forex trades larger than their available account balance. Moreover, each margin account has its margin requirements.

 

What is Leverage in Forex?

 

In Conclusion

Trading Forex is taking a risk and Leverage significantly boosts this risk. In addition, gains and losses will increase.

 

BrokerReviewRegulatorsMin DepositWebsite
🥇Read ReviewASIC, FSA, CBI, BVI, FSCA, FRSA, CySEC, ISA, JFSAUSD 100Visit Broker
🥈Read ReviewFSCA, IFSC, ASIC, CySEC, DFSA, FCAUSD 5Visit Broker
🥉Read ReviewFCA, FSCA, FSC, CMAUSD 10Visit Broker
4Read ReviewASIC, BaFin, CMA, CySEC, DFSA, FCA, SCBUSD 200Visit Broker
5Read ReviewFSC, FSA, VFSCUSD 10Visit Broker
6Read ReviewCySEC, MISA, FSCAUSD 25Visit Broker
7Read ReviewCySEC, FCA, FSA, FSCA, Labuan FSAUSD 100Visit Broker
8Read ReviewCBCS, CySEC, FCA, FSA, FSC, FSCA, CMAUSD 10Visit Broker
9Read ReviewASIC, CySEC, FSCA, CMAUSD 100Visit Broker
10Read ReviewIFSC, FSCA, ASIC, CySECUSD 1Visit Broker

 

Our Insights

While reviewing the Best High Leverage Forex Brokers that accept US Traders, we found 4 excellent options. Moreover, each broker has its list of Benefits, ranging from multiple account types to multilingual customer support. Finding the Best Forex Broker will depend on a trader’s individual trading needs.

 

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Faq

Plus500 is regulated by several acclaimed agencies, including the US Commodity Futures Trading Commission (CFTC).

Trading instruments available for trade include Forex, indices, share CFDs, commodities, cryptocurrencies, and, futures.

OANDA offers 24/5 Multilingual Customer Support via multiple channels.

IBKR Campus is a comprehensive educational platform for trading and investing.

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