High leverage forex brokers in Australia

What is high leverage forex trading?

Leverage is a forex trading strategy in which a trader borrows capital from a broker to invest. High leverage forex brokers Australia allows traders to take trading positions and amplify their transaction seizes artificially. This way, they can take benefit from every transaction.

Margin is the borrowed money needed to purchase securities. However, leverage is generally represented in a proportion of capital compared to debt. Each forex broker has different margin and leverage ratio requirements. The offered leverage ratio is generally 200:1, 30:1, 50:1, etc.

To get high leverage in forex trading, a trader needs to:

• Open an account under a forex broker offering high leverage.
• Develop his trading portfolio and become a professional forex trader to prove their expertise.
• Start high leverage forex trading.

Always remember that high leverage forex trading comes with a mix of high risk and amazing profits. Therefore, be cautious and only invest the amount you can afford to lose.

Choosing the right leverage is an important aspect of forex trading. Getting into high leverage forex trading requires comprehensive research and knowledge about the political situation and economy of the country. Besides that, you also need an understanding of global macroeconomics and volatility’s impact on the forex market, etc.

Another important thing to practicing high leverage forex trading is choosing the right broker.

Best high leverage fore brokers Australia you must know

Are you ready to step into high-leverage forex trading practices? Then it is highly imperative to choose the right high-leverage forex brokers Australia to work with. This practice can give you a reliable and secure forex broker to work with. Ultimately, you can focus on your forex trading practices to increase your possibilities of making profits.

Here we have brought some of the top high-leverage forex brokers Australia that you must consider in this regard.

So, here we go:

1. IG Markets
2. AvaTrade
3. Libertex
4. com
5. Vantage FX

Quick overview of high leverage forex traders Australia

 

IG Markets

IG is one of Australia’s most trusted and reputable high leverage forex brokers. It offers above 80 currency pairs to trade. The currency pairs you can find in its portfolio are a mix of major, minor, and exotic currency pairs. 24/7 customer support availability makes IG Markets a more lucrative brokerage to work with. Moreover, the process of opening an account with IG Markets is just a matter of minutes.

IG is a leading multiple asset brokerage that allows you to access a lucrative range of tradable assets.

Pros

• One of the best regulated and reputable Australian brokers to rely on.
• A lucrative mobile application offers complete functionality
• Competitive commissions and trading fees

Cons

• Although IG is a reputable forex broker, it sometimes requires manual configurations.

AvaTrade

Ava Trade is another high leverage and regulated forex broker to trade within Australia. This highly regulated platform offers access to 30x leverage for major currency pairs and 20x for minors. Australian residents can access 30x max leverage based on the recent ASIC regulations.

This forex broker offers a lucrative range of major, minor and exotic currency pairs to trade. Min deposit limit of AvaTrade is $100.

Pros

• Lower spreads and trading commissions
• Highly regulated forex broker
• Offers high leverage for forex trading.

Cons

• It charges a high margin fee.

Libertex

Libertex has ranked among the top forex brokers overall this year. It has been working in the industry for more than two decades. This one of the oldest high leverage brokers in the industry offers 30:1 leverage for its retail customers. However, when it’s about professional forex traders, you can enjoy up to 600:1 leverage.

This forex broker charges $5 a month after 180 days of inactivity.

Pros

• The minimum deposit limit of Libertex is just $10.
• It is licensed and regulated under CySEC.
• You can access three trading platforms with Libertex.

Cons

• Product selection to trade with Libertex is pretty limited.

Capital.com

Capital.com is another high-leverage forex broker. It offers 30x leverage for its retail brokers. You can perform your trading activities with the company’s website. However, it also supports Metatrader 4 for forex traders who prefer working with this trading platform.

You can trade all the available forex pairs at 30:1 leverage with Capital.com. It offers 140 different currency pairs to trade for forex brokers. The min deposit amount is just 20 GBP to start your trading with.

Pros

• It offers plenty of educational and research tools.
• Lower minimum deposit requirements and tighter spreads.
• MT4 trading platform is available for traders

Cons

• Options trading isn’t available at Capital.com.

Vantage FX

Vantage FX is the next of the best high leverage forex brokers in Australia. This is a regulated forex broker that offers 500:1 for professional clients. Most importantly, Vantage offers an amazing range of forex trading platform accessibility. It offers more than 40 currency pairs to trade. Customer support services of Vantage FX are available 24/7 to add more convenience. However, the availability of features such as negative balance protection, zero spreads, lower commission fees, etc., make Vantage more popular.

Pros

• You can access different trading accounts as per your need.
• A 50% welcome bonus is available.
• Zero spreads.

Cons

• Access to pro tools requires a $1000 deposit.

Final thoughts

Overall, these are the best high-leverage forex brokers Australia you can consider. However, performing your due diligence is always recommended before opting for any of the brokers for enhanced satisfaction.