High-Leverage Forex Brokers Compared (2025)

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By Anton Palovaara About the author
Anton Palovaara is the founder and chief editor of Leverage.Trading. With 15+ years across equities, forex, and crypto derivatives, he specializes in leverage, margin, and futures markets. His work combines proprietary calculators, independent platform reviews, and the Global Leverage & Risk Report, which are used by thousands of traders worldwide and cited by media like Benzinga and Business Insider.

Founder & Chief Editor

Choosing a forex broker that offers higher leverage requires caution. Leverage increases your exposure, but it also increases the speed at which losses can occur, especially during volatile market conditions. That’s why we take a risk-first approach when reviewing high-leverage forex brokers.

In this guide, we compare regulated brokers that provide higher-than-standard leverage options, along with the key factors that matter most for safety: margin rules, execution stability, transparent fees, and regulatory oversight. Our goal isn’t to encourage high-risk trading, but to help you understand how each broker handles leverage, and what safeguards are available to protect your capital.

Forex trading often involves larger position sizes than many retail traders typically use. Leverage allows you to access these markets with less upfront capital, but it also means market movements can impact your account much faster. This guide will help you compare the brokers we’ve tested and give you a clearer framework to choose one that aligns with your trading style and risk tolerance.

Key tfakeaways

• eToro offers a well-developed copy-trading system, which may appeal to traders who want to follow other traders’ strategies, but it does not remove the risk of losses.
• TastyFX provides up to 1:50 leverage for U.S. traders — the maximum allowed under current U.S. regulations.
• High leverage accelerates risk and increases the speed at which losses can occur. Understanding margin, maintenance levels, and liquidation thresholds is essential before trading.
• Regulation matters—make sure to choose a broker that complies with national regulatory bodies to protect your funds and ensure fair trading conditions.
• Each broker differs in spreads, tools, education, and regulatory coverage — factors that can affect your safety and trading experience.

Before comparing brokers, you may find it helpful to double-check your potential costs and position sizing. Our Forex Spread Calculator and Forex Risk Calculator can help you estimate trading costs and understand your downside before entering a trade.

List of high-leverage forex brokers

Note: Some of the platforms listed above are our partners. Our Affiliate Disclosure explains how we stay independent.

High-Leverage Broker Comparison

Broker Reviews

Below are our more in-depth reviews of each forex broker.

1. Etoro Review

Etoro is a broker that offers leveraged trading and copy-trading features, allowing users to mirror other traders’ positions in real time. The feature is automated: once you select a trader to follow, your account can mirror their trades, although past performance does not predict future results.

Etoro places emphasis on education and social trading, combining platform materials with a public feed where users share their views and trades. For less experienced traders, the combination of educational resources, social features, and a simple interface may make it easier to understand how the platform works, but it does not reduce the risk of loss.

Leverage

Etoro offers a range of leverage options depending on the trading instrument. The maximum leverage on forex is 1:30, and other leverages range from 1:2 to 1:20 for things like crypto CFDs and gold.

Key Features

• The copy trading feature is easy to use and automate. It’s free to use and allows you to leverage the expertise of high-profile traders.
• There are plenty of educational materials on Etoro, including podcasts and blogs.
• Smart Portfolios allows you to invest in a pre-selected set of assets to improve diversification.
• Etoro is a good option thanks to its range of accessible safety features as well as its low fees.

Pros

• Etoro includes educational resources that explain its products and basic trading concepts.
• The platform is built around “social” investing, including a trade copy feature, which does not remove the risk of losses.
• Every live account includes a virtual account with $10,000 in demo funds to practice trading without real-money exposure.
• Etoro provides a mobile app with access to its main trading and account features.

Cons

• Only offers email and ticket customer support unless you’re a club member. While this isn’t the end of the world, it’s less responsive than other platforms.
• Lacks some of the more advanced analytics features that you’d find elsewhere.
• Currently only available in 47 US states.

Fees

• Charges a $5 withdrawal fee on minimum withdrawals of $30.
• Charges a $10 inactivity fee if you’ve been active for more than a year.
• Variable spread and overnight fees depending on the trade.

2. Tastyfx Review

Tastyfx is a U.S.-regulated forex broker offering up to 1:50 leverage, with web and app-based trading platforms and telephone, chat, and email support. It’s a decent mix of all the features you need from a forex trading platform, and offers both web- and app-based trading services. In testing, the availability of phone support and multiple help channels meant it was straightforward to reach a support agent when needed.

Leverage

Tastyfx offers the most flexible leverage available under current US regulations: 1:50. This is for major currency pairs, so be aware that you might be offered lower leverage for less common currency trades.

Key Features

• Competitive trading costs – margins as low as 2% on forex trades.
• Offers a range of trading tools, such as technical indicators, charting packages, and automated trading features.
• Large customer base means lots of customer sentiment data, in turn meaning Tastyfx is responsive to customer demands.
• Monthly cash rebates of up to 15%.
• Regulated by NFA and CFTC.

Pros

• High trust rating thanks to its backing from US IG.
• Tight spreads on major pairs, which can reduce trading costs compared with wider spreads.
• Provides educational resources and platform tools that can support both new and experienced traders.
• 24/7 customer support on web chat, phone, and email.

Cons

• Tastyfx only offers spot forex markets.
• There’s a fee for withdrawing funds to your bank account.
• No crypto trading – market is limited to standard forex pairs.

Fees

• No account maintenance fees.
• Current withdrawal fees are $15.
• Margin rates as low as 2%.·  Tight spreads of 0.8pips on major forex pairs.

3. Forex.com Review

Forex.com is a regulated broker that offers leverage up to 1:50 on many major forex pairs and supports more than 80 currency pairs with spreads that can start from around 0.7 pips on some majors. The platform lists a wide range of major, minor, and some exotic currency pairs, which allows traders to access different markets from a single account.

Leverage

Forex.com offers leverage of up to 1:50 on currency pairs, putting it on par with Tastyfx. Bear in mind that this will depend on the currency pair you’re trading, but 1:50 is standard on the most popular.

Key Features

• Regulated by the CFTC and NFA in the US, as well as the FTC in the UK.
• Its 80 currency pairs include majors, minors, and exotic currency pairs.
• Plenty of research tools to help you figure out where to invest your money.
• Solid educational resources to supplement existing knowledge.

Pros

• The wide set of currency pairs may appeal to traders who want access to majors, minors, and some exotics in one place.
• Order execution is designed to be fast on major pairs, although slippage can still occur in volatile conditions.
• Includes a built-in currency converter that shows the notional value of a trade in your account currency.

Cons

• Its web platform isn’t as user-friendly as some other options on this list.
• Product portfolio is limited – only includes forex and CFDs.
• Far more complex and in-depth than something like Etoro, meaning it might not be suitable for beginners.
• Account verification takes 2 business days, which is slower than other platforms.

Fees

• No fees on bank card withdrawals, but bank withdrawal fees range from $25 to $40.
• Inactivity fee of $15 per month after 1 year of not logging in.
• Low forex fees – varies based on currency pairing.

4. Oanda Review

Oanda is a long-established regulated broker known for its transparent spreads and research tools. IOanda does not charge a separate commission on many trades and instead prices its services through the spread, which is transparent on the trading interface.

During testing, the platform’s commission-free spread model made it straightforward to see estimated trading costs before placing an order.

Leverage

Oanda offers leverage of up to 1:50 on its currency pairs.

Key Features

• Particularly good option for more experienced traders because it offers a lot of depth in its trading options.
• Registered with the CFTC and NFA in the US and FCA in the UK.
• Integrates numerous user interfaces and third-party services.
• Includes products such as financial spread betting, CFD, forex, commodities, and more.

Pros

• Desktop trading platform includes a wide range of tools and order types while remaining navigable once you are familiar with the layout.
• Offers lots of research options.
• Offers cash rebates for traders who meet specific volume thresholds, according to its rebate schedule.
• In testing, the platform remained stable during order placement on major pairs; however, execution speed and slippage can still vary with market conditions.
• Plenty of options for partner tools and API integration.

Cons

• Customer service isn’t 24/7 for standard level accounts.
• Includes more ancillary fees than other platforms.
• No guaranteed stop losses for US clients.
• Doesn’t offer negative balance protection for US clients – meaning you could end up owing money.

Fees

• Variable withdrawal fee of up to $20 depending on method and amount.
• Variable spreads depending on currency pair being traded.
• Inactivity fee of $10 a month after a year of not logging in.

5. IG Review

IG is a regulated broker offering up to 1:50 leverage for U.S. traders, along with a wide range of markets and strong analytical tools. IG is a long-established broker that offers trading on around 80 currency pairs.

In testing, basic questions could be handled by the automated chatbot, with the option to escalate to a human agent via channels such as WhatsApp for more detailed queries.

Leverage

IG offers leverage of up to 1:50 on its currency pairs. As with other platforms, this varies depending on the currency pair being traded.

Key Features

• High level of trust thanks to its market reputation and backing by CFTC, NFA, and FTC.
• Offers both web- and app-based trading platforms that are accessible to traders of all levels.
• Has a wide range of trading instruments, including forex, stocks, crypto, bonds and more.
• Usage can be as in-depth as you want thanks to all the integrated features and research tools.

Pros

• Extensive API integration and analytics tools.
• Mobile app and web platform include a wide range of built-in tools and layouts; new users may still need time to learn the full interface.
• No minimum deposit requirements.
• Smart Portfolios group assets into pre-selected baskets; they do not guarantee diversification or positive returns.
• Third-party comparison sites have given IG high trust ratings; these scores are based on their own criteria and may change over time.

Cons

• Doesn’t have a copy trading feature, although this isn’t a big loss for more experienced traders.
• Web platform may require manual configuration depending on the kind of layout you like.
• Doesn’t yet offer integration for MT5, although MT4 is available.

Fees

• Spreads can be as low as 0.6pips on major forex pairs.
• No account opening, deposit or withdrawal fees.
• Overnight fees depend on the market, but aren’t always charged.

What to consider when choosing a broker

When it comes to choosing a broker with flexible leverage, there are plenty of things you should consider. For instance, if you’re trading CFDs, it’s essential to know how CFD leverage works as many brokers have this structure.

While your requirements will vary depending on your experience, trading desires, funds, and trading instruments, the absolute minimum requirements are:

Regulatory Status

This is a bit of a no-brainer, but you’ll want to use a broker that’s regulated by a national body. In the US, this is the CFTC and NFA, and in the UK it’s the FTC. But why is regulatory compliance important?

In short, it ensures all actions taken on the website by clients will contribute to a healthy market. This helps maintain market stability, which we all benefit from in our trading actions.

What’s more, it means that you as a trader are more protected: your money is kept safely, and you can be confident in your deposits and withdrawals. As with any money-based activity, security is essential.

Ease of Use

Ease of use is a subjective term, but the main things to look out for are:

• Straightforward deposits and withdrawals – options including wire transfers, bank check, PayPal, etc.
• Access to features such as research, education, and so on.
• Integration of APIs and third-party services. This won’t mean much to newbie traders, but APIs should integrate seamlessly into the trading platform.
• Instructions and tutorials.

More experienced traders will probably be able to pick up a new platform quickly, but those with less industry knowledge will benefit from accessibility.

Currency Pairs Offered

You’ll find pairs such as USD/EUR and USD/GBP on all websites, but also look out for pairs like USD/JPY and USD/CHF because these come with decent liquidity. If you’re a day trader, these are the ones to focus on. But if you’re looking to diversify or want more interest, a site with more currency pairs will be better.

Asset Selection

Although we’ve focused specifically on forex trading in this article, you might want to look at other options. These include crypto, shares, indices, commodities, and more. Trading different assets takes a bit of practice, but it can be a viable way to diversify your portfolio and minimize risk.

And if you can find a platform that offers numerous assets in one place, all the better. Bear in mind that some sites don’t offer certain assets in the US or other countries. You’ll be able to find this information on the broker’s website, so ensure you do plenty of research before making your pick.

Customer Support

Customer support can be easy to overlook when picking a broker, because it’s reasonable to assume that every site will have something. And while this is true, you’ll definitely notice the difference between levels of support when you’ve got a high-priority request that needs sorting ASAP.

Some sites offer 24/7 support through live chat or phone. This is the gold standard, as it means you can get your problem sorted very quickly. Others will only offer ticketed or email support, which can delay responses by a day or more.

High leverage and potentially volatile trades will benefit from responsive customer service, so bear this in mind when making your pick. However, it doesn’t have to be a deal breaker if a broker doesn’t offer 24/7 support, as you can usually get around this with community help.

How to open an account

The steps for opening an account will vary to a degree, but all should be straightforward. The process should go as follows:

1. Pick your broker. Choose the one that meets your interests and requirements.
2. Sign up. Visit the website and register. Submit the required information, including your name, location, contact details, etc.
3. Verify your identity. You’ll need ID and proof of address for this, which will include a passport or driver’s license and a utility bill or bank statement. This step can take up to 2 business days.
4. Add funds. Deposit funds into your account using your chosen method. Bear in mind that some brokers will have a minimum deposit amount, so factor this into your initial decision.
5. Start trading. Explore the site and use a practice account if one is available. Once you’re ready, jump into trading!

When it comes to things like identity verification and depositing funds, you may find these affect your desire to use a broker. For example, if you want to get started ASAP, a 2-day wait isn’t ideal, and neither is a high minimum deposit. Make sure you look into these before making your decision.

What are the risks associated with high leverage?

The idea of high leverage in itself isn’t inherently bad because, as mentioned, it’s essentially a credit limit. However, it’s what you do with this borrowed money that can be risky. This includes:

Outsized losses

This is the obvious lesson that most beginners learn when they first dip their toes in the water of high-leverage. Due to increased position sizes, high leverage can greatly increase losses, which is why traders should use tools like a leverage calculator to evaluate potential outcomes.

Less Effective Management

Because your initial capital investment is small, it can be easy to overlook how much money you’re actually trading. This can lead to you feeling more confident and not conducting proper risk management.

Added Charges

Overnight funding charges will be calculated based on the amount you’ve invested, not the amount of your money that you deposited into your account. As such, the fees may be higher than you can manage.

Margin Calls

A margin call is when your position moves against you, leading to you having to deposit extra funds. Not doing so can lead to a loss, and you’ll want to avoid adding too much extra capital if you can avoid it.

Emotional Trading

High-value trades can lead to loss of objectivity, especially if it feels like you’re trading with someone else’s money. In turn, this can affect your decision-making, which is essential when you’re working with high leverage.

How we select and review platforms: Our methodology

To select our top picks for the list of forex brokers, we use several criteria. These include:

Trading Conditions

Along with leverage, we look at the trading conditions each platform offers. We’re particularly interested in spreads, fees, margin requirements, and other factors that will affect your user experience and the amount of money you can make.

User Reviews

It’s essential to look at what other people think of trading platforms. We look at things like Trust Pilot to see what real users think of their experience, as well as insights offered by market leading platforms. Users can typically offer the most accurate information, although we equally consider the bias of people who may not have had particularly good experiences on a platform.

Functionality

We play around with trading platforms to see how they function from a user’s perspective. This includes things like opening an account, depositing and withdrawing money, and how it works for beginner and more experienced traders.

Customer Support

We think it’s vital that you can get the response you need if something goes wrong. This is why we look at the customer service options available as well as how quickly you’ll get an answer to your question.

Conclusion

Our preferred broker based on testing is Tastyfx due to its flexibility, ease of use, and competitive costs. However, if you have more specific needs within forex trading, then any of the other options listed in this article will be a great pick.

When picking a forex broker with high leverage, make sure you do plenty of research to ensure it meets your requirements. Read user reviews and explore the broker’s site before making your decision, and you should be able to pick one that works for you.