4 Best High Leverage Forex Brokers accepting US Traders
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.
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!
4 Best High Leverage Forex Brokers Accepting US Traders – a Comparison
| 🔎 Broker | 🚀Open an Account | 📊 Leverage | 🤝 Accepts US Traders | 💶 Min. Deposit |
| 🥇 Plus500 | 👉 Click Here | 1:300 | ✅Yes | 100 USD |
| 🥈 IG | 👉 Click Here | 1:222 | ✅Yes | 50 USD |
| 🥉 OANDA | 👉 Click Here | 1:888 | ✅Yes | None |
| 🎖️ Interactive Brokers | 👉 Click Here | 1:30 | ✅Yes | None |
4 Best High Leverage Forex Brokers Accepting US Traders (2024)
- ☑️ Plus500 – Overall, the Best High Leverage Forex Broker for US Traders
- ☑️ IG – High Trust Score in the United States
- ☑️ OANDA – Best Online and Mobile Trading Experience
- ☑️ Interactive Brokers – Excellent Proprietary Offering
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 |
| 📌 Year Founded | 2008 |
| 👤 Amount of staff | 1,000+ |
| 👥 Amount of active traders | Over 400,000 active traders (as of the latest reports) |
| 📍 Publicly Traded | Yes, listed on the London Stock Exchange (LSE: PLUS) |
| 🛡️ Regulation and Security | Very High |
| ⭐ Regulation | FCA CySEC ASIC MAS FSA EFSA DFSA CFTC |
| 🌎 Country of regulation | UK Australia Cyprus New Zealand |
| 1️⃣ Suited to Professionals | ✅Yes |
| 2️⃣ Suited to Active Traders | ✅Yes |
| 3️⃣ Suited to Beginners | ✅Yes |
| 🥰 Most notable Benefit | Wide range of tradable instruments (CFDs on forex, stocks, commodities, indices, etc.), competitive spreads, user-friendly platform |
| 🥺 Most Notable Disadvantage | Limited educational resources for beginners, lack of fundamental analysis tools |
| 🔃 Account Segregation | Client funds are kept in segregated accounts |
| 🔋 Investor Protection Schemes | Client funds are protected under the Financial Services Compensation Scheme (FSCS) in the UK, and other local protection schemes |
| ⚙️ Account Types and Features | Real Account Demo Account |
| 💴 Minor account currencies | USD, EUR, GBP, and other major currencies available for trading; minor currencies not as widespread |
| 💶 Minimum Deposit | $100 (or equivalent in other currencies) |
| ⏰ Average deposit processing time | Instant (depending on payment method) |
| ⏲️ Average withdrawal processing time | 1-3 business days |
| 💵 Fund Withdrawal Fee | No withdrawal fees for most methods |
| 💷 Spreads from | 0.8 pips (depending on the market conditions) |
| 💳 Commissions | No commissions spreads only |
| 🪙 Number of base currencies | 7 (USD, EUR, GBP, AUD, JPY, CHF, and CAD) |
| 💰 Swap Fees | Applicable swap fees/overnight financing |
| ↪️ Leverage | varies by instrument (Trading with leverage comes with a high risk and may not be suitable for everyone.) |
| ➡️ Margin requirements | Varies by asset class typically between 2% to 5% |
| ☪️ Islamic account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⌚ Order Execution Time | 1-2 seconds |
| 📈 Total CFDs Offered | Over 2,000+ |
| 📉 CFD Stock Indices | ✅Yes |
| 🌽 CFD Commodities | ✅Yes |
| 📊 CFD Shares | ✅Yes |
| 💹 Deposit Options | Credit/debit cards bank transfer PayPal Skrill Neteller e-wallets |
| 💱 Withdrawal Options | Credit/debit cards bank transfer PayPal Skrill Neteller e-wallets |
| 🖥️ Trading Platforms | Plus500 WebTrader, Plus500 Mobile App +INSIGHTS |
| 💻 OS Compatibility | WebTrader (browser based), iOS, Android |
| 🖱️ Forex trading tools | Basic charting tools, risk management tools (stop-loss, take profit), no advanced trading tools like MetaTrader4/5 |
| 🩷 Customer Support | Responsive |
| 🐦 Social Media Platforms | Facebook YouTube |
| 🗯️ Languages supported | English, Spanish, German, French, Italian, Portuguese, Dutch, Chinese, and other languages |
| 🎓 Forex course | No comprehensive course; limited resources |
| ✏️ Webinars | Limited availability |
| 📔 Educational Resources | Basic tutorials and guides |
| 🫰🏻 Affiliate program | ✅Yes |
| 🫶 Amount of partners | Hundreds of affiliate partners globally |
| 🤝 IB Program | ✅Yes |
| 🎉 Sponsor | Legia Warsaw Chicago Bulls BSC Young Boys |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| The Plus500 platform does not have a high learning curve like other platforms | Plus500 does not offer MetaTrader or any other third-party platforms |
| Plus500’s demo account is ideal for testing trading strategies and practicing trading | There are high CFD fees because of wider, marked-up spreads |
| Plus500 works on a spread-only basis, free from commission fees | There 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
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 |
| 📌 Year Founded | 1974 |
| 👤 Amount of Staff | 2,000+ |
| 👥 Amount of Active Traders | 300,000+ |
| 📍 Publicly Traded | ✅Yes |
| 🛡️Regulation | FCA, ASIC, CFTC, NFA, BaFin |
| 🌎 Country of Regulation | UK, Australia, US, Germany |
| ↪️ Account Segregation | ✅Yes |
| ⭐ Investor Protection Schemes | ✅Yes |
| 🅰️ Institutional Accounts | ✅Yes |
| 🅱️ Managed Accounts | None |
| 💴 Minor Account Currencies | USD, EUR, GBP |
| 💶 Minimum Deposit | $250 |
| ⏰ Average Deposit/Withdrawal Processing Time | 1-3 business days |
| 💷 Fund Withdrawal Fee | None |
| 📈 Spreads from | 0.6 pips |
| 📉 Commissions | None |
| 💰 Number of Base Currencies Supported | 5 |
| 📊 Swap Fees | Applicable |
| ⚙️ Leverage | Up to 1:30 (Retail) |
| 🔖 Margin Requirements | Varies by asset |
| ☪️ Islamic Account | ✅Yes |
| 🆓 Demo Account | ✅Yes |
| ⏲️ Order Execution Time | 0.1 seconds |
| 🖱️ VPS Hosting | ✅Yes |
| ✔️CFDs Total | 17,000+ |
| 📌 CFD Stock Indices | 80+ |
| 🍎 CFD Commodities | 30+ |
| 📍 CFD Shares | 12,000+ |
| 💴 Deposit Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill |
| 💶 Withdrawal Options | Bank Transfer, Credit/Debit Cards, PayPal, Skrill |
| 🖥️ Trading Platforms | MetaTrader 4, ProRealTime, L2 Dealer, IG Trading Platform |
| 💻 OS Compatibility | Windows, MacOS, Android, iOS |
| 📐 Forex Trading Tools | Economic calendar, Autochartist, Trading signals |
| 🥰 Live Chat Availability | ✅Yes |
| 💌 Customer Support Email | ✅Yes |
| ☎️ Customer Support Contact Number | ✅Yes |
| 💙 Social Media Platforms | Facebook, Twitter, LinkedIn |
| ✏️ Languages Supported | Multiple languages |
| 📔 Forex Course | ✅Yes |
| 📚 Webinars | ✅Yes |
| 📒 Educational Resources | Articles, Videos, Tutorials |
| 📑 Affiliate Program | ✅Yes |
| 🗃️ Amount of Partners | Not specified |
| 🗄️ IB Program | ✅Yes |
| 📇 Notable Events or Teams | ✅Yes |
| 🪙 Rebate Program | ✅Yes |
| 💴 Cent or Micro Accounts | None |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Access to over 17,000 instruments across markets | Limitations on customer support hours |
| Investing opportunities for high-volume traders | Inactivity fees apply |
| Several advanced Trading platforms | IG 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 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 Deposit | None |
| 📌 Account Types | Standard, Elite Trader |
| 🆓 Demo Account | ✅Yes |
| 🎁 Bonus Offers | ✅Yes |
| ✏️ Education | ✅Yes |
| 📲 Mobile Trading | ✅Yes |
| 🖱️ Trading Platform | MetaTrader 4 |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Great trading platforms | Only FX and CFD available for most clients |
| Outstanding research tools | Lacking Customer Support |
| Low trading fees | Inactivity 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
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. Deposit | None |
| 💶 Inactivity Fee | None |
| 📈 Tradable Assets | Forex, Metals, Futures, ETFs |
| 🪙 Crypto Trading | ✅Yes |
| 📉 MT4 / MT5 | None |
| 📊 Proprietary Platforms | ✅Yes |
| 📲 Mobile App | ✅Yes |
| 🤝 Customer Support | 24/7 |
| ✏️ Education | ✅Yes |
| 📍 Account Types | IBKR Pro and Lite |
| 🚀Open an Account | 👉 Click Here |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Low commissions and fees | Intimidating Platform |
| Excellent educational materials | Complex tiered pricing plans |
| Reliable trade execution | Lacking 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.
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.
In Conclusion
Trading Forex is taking a risk and Leverage significantly boosts this risk. In addition, gains and losses will increase.
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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