An important parameter of Forex trading is leverage (L). Its value can vary widely, so traders can choose the best option depending on their needs. There are many US Forex brokers with the highest leverage. Among them, several top companies offer cooperation on mutually beneficial terms.
Features of trading with high leverage
Leverage is the ratio of a trader’s funds to the total amount borrowed from a broker for Forex trading. The minimum value of this indicator is 1:1. In this case, the work is carried out without using the broker’s money. The maximum L can be practically anything. This value is chosen by the broker depending on many nuances. Traders are allowed to adjust L in pre-specified limits.
All the highest leverage Forex brokers from the USA offer their clients trading with ratios from 1:1 to 1:3000 and more. There is a 1:50 limit for US traders. US law sets this maximum limit, and brokers do not have the right to violate it. At the same time, such restrictions are not introduced for customers from other countries.
By itself, trading with high leverage is a risky business. Because of this, many novice traders have a negative attitude towards such work. At the same time, professionals prefer precisely high values of L.
Key features of using high leverage:
- the more significant the value of L, the less the trader will have to invest his own money in the transaction;
- free margin increases as L increases;
- at any value of leverage, the value of a pip remains the same.
Using a high L intuitively pushes the trader to open a big trade. However, with a lack of funds, this is not recommended. Otherwise, you can lose a lot of money if the trading operation fails. If you set low leverage rates, the profit amount will be minimal, even with super-successful transactions. Considering the above, experts recommend that traders use an average L.
In most cases, 1:30 – 1:50 will be the best option. At the same time, such recommendations remain only additional information for the trader. In any case, he must independently determine suitable leverage with which it will be comfortable to trade on Forex.
US brokers offering maximum leverage
There are many brokers registered in the USA. At the same time, not all offer high leverage to their clients. You must consider the companies included in the top 5 ratings to find a suitable option.
Top 5 high L trading brokers:
- FX Glory. This well-known company has been operating for a long time. Over the period of its existence, it has become one of the best in America and beyond. The broker offers its US clients trading with a maximum allowed leverage of 1:50. At the same time, users from other countries can increase the indicator up to 1:3000. Which is a record value equal to which it is impossible to find. In addition to this feature, FXGlory stands out for the variety of available trading instruments and a wide range of settings. All this together helps to achieve success and makes cooperation mutually beneficial.
- AAAFX Trading. In 2023, this Forex broker will celebrate its 15th birthday. He has enough experience, so he offers traders the most favorable conditions for comfortable work. Among the company’s key features is the possibility of trading with leverage up to 1:2000. US users are subject to the standard 1:50 limit. Other positive aspects include the quality work of customer support. It is available in 11 languages 24 hours a day. In addition, clients praise the broker for a large selection of additional tools for trading.
- Forex.com. With an unblemished reputation, this broker is a good option for beginners and professional traders. It opens vast opportunities for its clients and guarantees the transparency of each transaction. Forex.com’s leverage varies widely and reaches 1:400 (for Americans – 1:50). The broker is also interested in its affordable prices, which is essential for traders with little financial resources. It should also be noted that the company has more than 200,000 customers, which proves its reliability.
- IG. The world-famous company IG Group is the owner of this broker. It is rightfully considered one of the most reliable, as it has licenses from several countries and guarantees the safety of any investment. IG got into this rating due to the maximum L of 1:200 (1:50 for users from the USA). This is small compared to FXGlory and AAAFX Trading, but more than dozens of other companies. The broker is also interested in its educational materials, high-quality support service, and small commissions.
- Interactive Brokers. One of the oldest companies is InteractiveBrokers. It is popular with traders and gets much positive feedback. The broker offers traders trading with leverage up to 1:400. For customers registered in the US, the maximum available is 1:50. Among the broker features are also called a wide selection of trading instruments and minimal commissions.
Trading with high leverage is a particular activity that requires maximum concentration and attention from the trader. Not all American brokers open access to it. However, if you search well, you can find companies worthy of attention. Cooperation with them will provide an opportunity to comfortably work on Forex and get a good profit for it.
