The 6 Best High Leverage Forex Brokers in India in 2024

IQ Option is another good high-leverage broker on our list that that offers forex, CFDs, ETFs and binary options trading.

Similar to Olymp Trade, IQ Option has a very beginner-friendly trading platform, offers a free demo account, $10 minimum deposit, various trading tools and strategies that help increase the chances of making the right predictions and earning high returns.

IQ Option offers up to a 1:1000 leverage in forex trading, up to 1:50 for commodities, up to 1:100 for cryptocurrencies and ETFs, up to 1:20 for stocks and up to 1:150 for indices.

Another good platform to do margin trading is Pepperstone. It allows you to trade over 1,200 instruments, including ETFs, crypto, stocks, and major pairs.

Aside from this, it offers raw spread accounts, allowing traders to access different market participants, major pairs, and instruments.

Additionally, they can trade these on a zero-spread basis, and it allows copy trading, too.

You can enjoy a maximum leverage of up to 1:400 for retail investor accounts and a maximum leverage of up to 1:500 margin for professional accounts.

Skilling is another amazing platform you can consider for margin trading, especially if you’re aiming for high leverage in forex.

Aside from major currencies, you can also trade other assets like CFDs via stocks, crypto, indices, and commodities.

Like most forex brokers that operate offshore, Skilling offers a whopping maximum leverage of 1:500, making it one of the best high-leverage forex brokers on the market.

Other things to like about this forex broker are its competitive spreads and 0% commissions. Plus, it’s also regulated by CySEC in Cyprus and FSA in Seychelles, so you’re sure it’s safe.

The last platform we can recommend if you wish to venture into leverage trading is IG.

Similarly, it has a high leverage margin of up to 1:500, allowing traders to trade 80 different currencies across different countries.

IG also has very tight spreads, starting at 0.8 pips. Yet, it requires a minimum deposit of $450 (Rs. 36,000) before you can open an account and start trading.

What Is Leverage in Forex Trading?

Margin or leverage trading involves borrowing money or funds to increase the trader’s trading position. A broker often offers leverage with certain limits. For example, if the margin account contains a 50% initial leverage, staking Rs. 10,000 will enable you to acquire Rs. 20,000 worth of assets.

Leverage limits would highly depend on different factors like the broker, asset class, and the country where you reside.

The Advantages of Trading With High Leverage

There are many reasons why you should go with high-leverage forex brokers. It’s a great option when you are:

Trading on a Budget

If you’re already skilled and confident to trade forex and want to do this for a living, high-leverage forex brokers can help you acquire good assets.

This will be beneficial, especially if you don’t have enough money to invest in capital, and it will eventually help boost your monthly profit.

Exploring Low Volatility Markets

Leverage trading can also aid you in gaining good profit out of the low volatility market, especially when investing in major forex pairs.

Even if these major forex pairs rarely move, traders can still enhance their return potential while still minimizing risk.

Engaging in Low-Risk and High-Profit Trades

Brokers with high leverage similarly offer negative balance protection to professional clients. Hence, by leverage trading, you won’t lose more than what you have in your trading account.

If you stake Rs. 5,000 in a 1:1000 margin requirement, you can gain up to Rs. 5,000,000, giving you a high profit.

The Risks of Trading With High Leverage

While there are many benefits to trading through brokers with high leverage, there are still risks you need to look out for, including:

Liquidation

There is a possibility that you will lose the money staked during forex trading due to liquidation. This may happen when the position’s value declines by a certain percentage.

Monetary Loss

Trading with a CFD broker is risky because there’s a chance that retail traders will lose a huge amount of money, often up to 80%.

This makes high-leverage forex brokers risky to handle as well, compared to those retail investor accounts generating profit consistently.

Factors to Consider for the Best High Leverage Broker in India

When looking for brokers with high leverage, it’s not enough that your only standard would be their margin requirement. You also need to look at the following factors:

#1 Regulation

As previously mentioned, a high-leverage broker should not only require increased margins for leverage trading, but it should also be regulated by a legitimate governing body in its country of origin.

This is to ensure that all your transactions are safe and secure and minimize the risk of fraud and loss of client funds. The above listed high leverage brokers are all having strong international regulatory background to ensure that your money is safe with them.

#2 Commissions and Fees

You need to make sure that you understand all the commissions and fees charged by the platform before you start margin trading. Forex brokers  earn money through commissions and spread-only accounts, so we suggest you look into platforms with tight spreads and low commission fees, like Exness.

#3 Minimum Deposit

Aside from the capital you need to invest in margin trading, you also need to pay a minimum deposit to open an account. While some brokers like Exness, Olymp Trade or IQ Option require a low minimum deposit of $10 (Rs. 800) or below, others may require at least $200 or higher.

Conclusion

Margin trading is truly helpful, especially for traders who wish to MAKE HIGH RETURNS out of their trades. Of course, high returns would also mean good income.

However, you must understand that while there may be a “best high leverage forex broker” offering big margins, such numbers also mean greater risks.

Hence, we don’t recommend this for beginners but for professionals only. Leverage is still in itself borrowed money, and you must return it to the broker after making a profit.