Best High Leverage Forex Brokers in Canada 2024

Thadeus Geodfrey is an experienced and celebrated writer and self-taught trader specialising in cryptocurrencies and forex. Market analysis, identifying fraudulent brokers, and security are his cup of tea. At BrokerRaters Thadeus develops educational materials and user-guides, offer market insights, ensures our content conforms to the best standards. Join Thadeus to succeed in your trading endeavours.

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One of the best strategies for amplifying potential returns is high-leverage trading. That said, many Canadian brokers give their clients uncapped access to juicy leverage options. Sadly, despite offering high leverage, some providers have poor services, shoddy ethics, and many other shortcomings. Worry not; BrokerRaters is here to help you avoid such brokers.

Our guide will introduce you to the best high leverage forex brokers Canada. We picked these service providers after carefully vetting and comparing countless brands. Our experts checked everything while choosing the recommended brokers, including regulatory status, supported assets, and charged fees.

List of the Best High Leverage Forex Brokers

  • FP Markets – Overall Best High Leverage Forex Broker in Canada
  • AvaTrade – Best High Leverage Forex Broker for Beginners in Canada
  • XTB – Best Low-Cost High Leverage Forex Broker in Canada
  • Saxo – Best High Leverage Broker for Advanced Canadian Forex Traders
  • Forex.com – Best High Leverage Forex Broker for Canadian Mobile Traders
In This Guide

Canadian High Leverage Forex Brokers: Comparison Tables

Finding a high leverage broker in Canada isn’t as easy as it sounds. For starters, very few of these service providers are available today. Most brokers offer low leverages, and the rest don’t support leverage trading Canada. To make matters worse, some of the high-leverage trading platforms you’ll find on the internet are, in fact, shoddy platforms with nothing to offer. Their sole aim is to separate you from your hard-earned money.

Our experts have worked extra hard to ensure you have access to the best brokers with unquestionable credibility. They’ve weeded through murky waters, weeded out suspicious service providers, and identified the undisputed pack leaders. How did we do that? It’s simple. We vetted and compared brokers using a fixed list of factors, from licensing and regulation to fees and assets.

We’ve addressed the first factors that helped us isolate top-rated high leverage forex brokers Canada. Use them to cherry-pick a brand that can take your trading career to the next level.

Best Broker for Leverage Trading CanadaLicense & RegulationSupport ServiceSoftwarePayment MethodDemo Account
FP MarketsIIROC, ASSIC, FCA, MAS, FSCA, CMA, CySEC, FSA24/7MT4, MT5, TradingView, cTrader, WebTrader, Mobile App, Copy TradingCredit/debit cards, Neteller, Skrill, Bank transfer, Google Pay, Apple Pay Yes
AvaTradeIIROC, ASIC, FCA, MAS, FSCA, CBI, CySEC, PFSA, B.V.I FSC, FSA, ADGM, ISA24/5WebTrader, AvaOptions, AvaTrade App, Mac Trading, MT4, MT5, Automated TradingCredit/debit cards, Neteller, Skrill, Wire transfer, WebMoneyYes
XTBIIROC, MiFID, FSCA, ASIC, CySEC, FSA, FCA24/5xStation 5, xStation MobileNeteller, Credit/debit cards, Bank transfer, Skrill, PayPalYes
SaxoIIROC, ASIC, FCA, FSA, MAS, FINMA, JFSA, SFC, AFM, FSMA24/5SaxoTraderGo, SaxoTraderPROBank/wire transfer, debit cardYes
Forex.comIIROC, ASIC, FCA, CFTC, CIRO, CySEC, NFA, CIMA, FSA, MAS24/5WebTrader, Mobile App, MetaTrader 4, MetaTrader 5, TradingViewCredit/debit cards, PayPal, Wire transferYes 

Brokers Short Overview

The worst mistake you can make involves signing up with a broker without checking fees and assets. Many service providers charge higher-than-average fees. Avoiding them is necessary because high fees equal lower potential returns. Additionally, most brokers support select financial products. If you don’t exercise caution, you might sign up with a broker that doesn’t support your favourite assets.

Before choosing any of our recommended high leverage forex brokers Canada, check their fees and assets. The comparison tables in the sections below should help you to that end.

Fees

Best Broker for Leverage Trading CanadaMinimum Deposit RequirementCommission/ SpreadsDeposits/ WithdrawalsInactivity Fee
FP Markets$100From 0.0 pipsFree$0
AvaTrade$100From 0.6 pipsFree$50 after every 3 consecutive months of inactivity
XTB$0From 0%Free$10 monthly
Saxo$0From 0.03%Free$0
Forex.com$100From 0.0 pipsFree$15 monthly

Assets

Best Broker for Leverage Trading CanadaStocksForexCryptoCommoditiesIndicesETFsOptions
FP MarketsYesYesYesYesYesYesYes
AvaTradeYesYesYesYesYesYesYes
XTBYesYesYesYesYesYesNo
SaxoYesYesNoYesYesYesYes
Forex.comYesYesYesYesYesYesNo

Our Expert Opinion about High Leverage Brokers in CA

After comparing brokers with our tables, go through the minireviews we’ve compiled below. They are impartial and published after days of intensive research. We’ve ranked the recommended service providers based on their strengths to make finding the right platform easier for you. Pick the most fitting broker, do additional research, and read online reviews, then take the final step and sign up if everything is okay.

1. FP Markets – Overall Best High Leverage Forex Broker in Canada

Regarding high leverage, FP Markets is the undisputed king of the hill. This terrific broker allows its users to increase potential returns with some of the juiciest leverages in the market. If you are a forex trading enthusiast, you can enjoy offers as high as 500:1 while trading your favorite pairs. The same applies where CFDs on shares, metals, commodities, and other financial instruments are involved.

Besides offering high leverages, FP Markets is a goldmine for CFD traders. This provider offers over 10,000 CFD products accessible from desktop computers and mobile devices. They include CFDs on thousands of international shares, metals, and popular commodities such as gold, silver, and palladium. Other products we encountered while evaluating the FP Markets trading platform range from index CFDs and crypto CFDs to CFDs on bonds and ETFs.

Low commissions and spreads are part and parcel of FP Market’s offerings. Take forex pairs as an example. With this broker, you can trade popular currency pairs with sharp spreads starting from 0.0 pips 24 hours a day, 5 days a week. You can also trade share CFDs with an FP Markets Iress account and enjoy low commissions starting from 0.06%.

Finally, FP Markets offers fantastic trading platforms and commendable support services. Sign up with this broker today and get unmatched access to TradingView, cTrader, and MT4/5/ You can also use the proprietary WebTrader online trading platform or enjoy seamless on-the-go trading with the broker’s powerful mobile app. As an FP Markets client, you’ll get access to professional, multilingual support 24/7.

FP Markets

✔Low minimum deposit requirement
✔Hosts numerous learning and market analysis tools

trustpilor logo
7,164 User Reviews
google
0 User Reviews
apple
2 User Reviews
financeraters logo
Our Rating
Total Rating:
7,166 User Reviews
Pros & Cons
Fees
Trading Assets

Pros

  • 0+ popular forex pairs like AUD/CAD, CAD/JPY, and EUR/CAD are accessible
  • Up to 500:1 leverage on most assets
  • Offers over 10,000 CFDs on commodities, shares, etc
  • Tight spreads and commissions starting from 0.0 pips and 0.06%, respectively
  • No account inactivity fees
  • Expert multilingual support is provided 24/7
  • Third-party platforms like MT4 and MT5 are hosted

Cons

  • Iress’ minimum deposit is set at $1,000
  • Most available instruments are CFDs

We reviewed the applicable FP Markets fees, and like that the broker has a transparent structure. This allows users to efficiently plan for their activities without worrying about incurring additional costs. There are no hidden charges and no price manipulation with this broker.

Trading and Non-Trading Charges Details
Account Opening $0
Management Fee $0
Minimum Deposit Requirement From $50, depending on your jurisdiction
Commission From 0%
Spreads From 0.0 pips on major currency pairs
Deposits and Withdrawals Free deposits. Withdrawal fees apply based on the payment method used
Inactivity $0
Overnight Funding Varies based on global market conditions
Copy Trading Free

There are more than 10,000 CFD instruments at FP Markets across various asset classes. These include forex, shares, commodities, cryptos, and more. The best element about exploring these securities is that you have access to multiple platforms to choose from. Whether you prefer the MT4, MT5, cTrader, or TradingView, FP Markets has it all for you. You are guaranteed quality resources to maximize your potential.

When it comes to leverage applications, FP Markets has favorable limits for all types of traders. Retail traders can get up to 30:1, while professionals get 500:1. Moreover, we discovered multiple account types to suit every trader’s needs.

Here is a breakdown of the number of assets you will trade at FP Markets Standard, Raw, and Iress accounts.

Asset Class Number Offered
Forex 70+ currency pairs
Shares 10000+
Indices 19+
Commodities 12+
Cryptocurrencies 12+
ETFs 46+
Bonds 2+
Futures 7+

Disclaimer: CFD trading is risky, especially with the application of leverage attached. While many traders earn good profits from it, it can leave you with massive losses should a trade work out against you. Therefore, start by understanding CFD trading and all the risks involved before venturing into such securities. Remember, over 76% of retail traders lose money in CFD trading.

2. AvaTrade – Best High Leverage Forex Broker for Beginners in Canada

Our experts consider AvaTrade to be the best high-leverage broker for beginners for excellent reasons. First, the broker offers user-friendly platforms like WebTrader, the AvaTrade mobile app, and MT4/5. These platforms have numerous features that make them ideal for novices, including simple, beginner-friendly interfaces.

We also evaluated AvaTrade’s educational resources and feel obligated to recommend them to newbies. If you have yet to learn the ins and outs of forex trading or feel you need to enhance your grasp of fundamental concepts, visit this broker’s free online learning platform, Ava Academy. It has a plethora of resources that will help you transition to a knowledgeable trader, including extensive trading guides and courses with hundreds of lessons and quizzes.

The courses offered at Ava Academy are tailored to help you learn everything from the basics and principles of success to the intricacies of risk management and technical analysis. The best part is that you can test yourself with a funded demo account after acquiring sufficient knowledge. You’ll be using virtual money, so risking enormous financial losses is out of the question.

Once you’re ready to trade live, sign up with AvaTrade and get uncapped access to over 60 currency pairs, from USD/CAD and USD/JPY to NZD/CAD, GBP/USD, and CAD/CHF. These assets have flexible leverages of up to 400:1 and competitive spreads starting from 0.6 pips. You can also diversify your AvaTrade trading portfolio with CFDs on stocks, cryptocurrencies, commodities, and other financial instruments.

AvaTrade

✔Regulated by FCA
✔The platform supports algorithmic trading

trustpilor logo
8,869 User Reviews
google
10,200 User Reviews
apple
25 User Reviews
financeraters logo
Our Rating
Total Rating:
19,094 User Reviews
Pros & Cons
Fees
Trading Assets

Pros

  • Intuitive platforms with beginner-friendly features
  • Competitive spreads for forex traders, starting at 0.6 pips
  • Users can trade 60+ currency pairs and other products
  • Extensive learning materials like free courses and tutorials
  • Newbies can open demo accounts and practice with virtual cash
  • Social and copy trading is supported

Cons

  • Many assets have high spreads and commissions
  • Dormant accounts are hit with a $50 charge every 3 months

Our experts investigated the AvaTrade broker’s fees and charges. We first noticed that the platform has a modest minimum deposit requirement of $100. What’s more, its users pay no additional costs while depositing funds or cashing out. That makes AvaTrade an ideal broker for both cost-conscious and newbie traders who want to test their waters with small capital before going all in.

That said, AvaTrade requires dormant account holders to pay $50 after every 3 consecutive months of inactivity. Moreover, if you let your account remain inactive for over successive months of inactivity, the broker will charge you a $100 administration fee. Not to forget, AvaTrade requires traders who hold positions overnight to cover a premium.

Here’s a breakdown of the fees you should expect to encounter while trading with this service provider:

Fees and Charges Amount
Spreads From 0.9 pips
Administration fee $100
Inactivity fee $50
Overnight premium Yes

The AvaTrade trading platform’s users have access to over 1,250 financial instruments, from forex pairs and indices to commodities, options, ETFs, and more. Below is an overview of some of this service provider’s product offerings:

  • Forex: As an AvaTrade user, you can trade diverse popular currency pairs, like EUR/USD, CAD/JPY, and USD/TRY. You can also boost potential returns with leverage of up to 400:1.
  • Commodities: From crude oil to silver, corn, and platinum, countless commodities are available on the Ava trading platform. They have competitive spreads and juicy leverages for individuals who want to access larger positions with small capital.
  • Cryptocurrencies: With an AvaTrade account, you can trade crypto CFDs like BTC/USD, Ripple, and Bitcoin Gold. These assets have reasonable spreads starting from 0.10% over-market.
  • Stocks: Over 90 stocks are accessible on the AvaTrade platform, including popular products like Groupon, Apple, and Microsoft. You can trade such instruments and enjoy reasonable spreads starting from 0.13%.
  • ETFs: If you want to trade ETFs, AvaTrade has you covered. You’ll find numerous outstanding assets, such as the MSCI EAFE Index Fund, S&P 500 VIX Short-Term Futures ETN-Series B, and Energy Select Sector SPDR.
  • Indices: After opening an AvaTrade account, you’ll get uncapped access to US500, UK100, CHINA A50. The broker also allows index traders to enhance potential returns with up to 100:1.
  • Options: AvaTrade’s AvaOptions trading platform allows users to trade options. It’s also equipped with 13 strategies, including call spread, put spread, and straddle.

3. XTB – Best Low-Cost High Leverage Forex Broker in Canada

After evaluating and testing countless service providers, we’ve ranked XTB as the best low-cost broker for traders seeking juicy leverage. The first aspect that has encouraged us to do that regards minimum deposit. Unlike other industry leaders, XTB doesn’t require new signups to deposit any minimum amount before trading. You can sign up with this broker today and start your trading career with whatever your budget supports.

XTB’s leverage for Canadian forex traders is capped at 500:1. With such high numbers, you can control significantly larger positions and maximize your profit potential to a large extent while working with limited capital. You use XTB’s flexible leverage offering while trading CFDs on 70+ currency pairs, like AUD/CAD, CAD/CHF, and EUR/AUD.

The other commendable thing about XTB is that the broker’s users have access to over 5,900 financial instruments, in addition to currency pairs. While trading with this service provider, you’ll get the opportunity to diversify your forex trading portfolio with CDFs on commodities, indices, stocks, and ETFs. That’s not all.

XTB users can invest and earn long-term returns. The broker offers real stocks to investors, including popular products like Dell Technologies, Apple, and Adidas. Many of these assets have zero commission and friendly minimum order requirements starting at $10. You can also invest in zero-commission ETFs like Vanguard, iShares, and Amundi products after signing up with XTB.

XTB

✔User-friendly interface
✔Expert customer support services

trustpilor logo
1,338 User Reviews
google
65,000 User Reviews
apple
8,200 User Reviews
financeraters logo
Our Rating
Total Rating:
74,538 User Reviews
Pros & Cons
Fees
Trading Assets

Pros

  • Forex traders get up to 500:1 leverage
  • No minimum deposit requirement
  • Tight spreads as low as 0.5 pips
  • Offers 5,900+ tradable instruments, including 70+ FX pairs
  • Traders can invest in popular stocks and ETFs for long-term returns
  • Extensive learning materials

Cons

  • Withdrawals below $50 are subject to charges
  • Limited trading platforms are available

We love XTB because it is one of the most affordable brokers out here. How so? For starters, there are no XTB minimum deposit requirements. Moreover, the broker’s users don’t have to pay additional fees while funding their accounts or cashing out. Most importantly, XTB doesn’t require traders to cover account opening, maintenance, or inactivity fees. In the table below, we’ve highlighted the fees, commissions, and costs you should take note of before committing to XTB.

Fees and Charges Amount
Account opening and maintenance $0
Minimum deposit $0
Deposit fee $0
Withdrawal fee $0 for withdrawals above $50; $30 for withdrawals below $50
Investing commission From 0%
Spreads From 0.3 pips
Currency conversion fee 0.5%
Inactivity fee $0

XTB users have unlimited access to 5,800+ financial products, ranging from forex pairs to commodities. You will be hard-pressed to find a broker with a more impressive asset portfolio than XTB. Let’s run through some of the assets we encountered while exploring and evaluating the XTB online trading platform:

  • Shares: Over 2,900 stocks are available on the XTB online trading platform, including popular products like Tesla, Amazon, and Intel Corp. You can start investing in them with capital as low as $10.
  • ETFs: As an XTB client, you can diversify your portfolio by investing in different ETFs, such as Dell Technologies, FACC AG, and PayPal Holdings PLC. The best part is such products have zero commission and a $10 minimum order requirement, which is pretty low.
  • Forex: Over 71 popular forex pairs are accessible to XTB users, from EUR/GBP and AUDCHF to NZD/USD, USD/CAD, and GBP/ZAR.
  • Indices: Presently, this broker offers 30+ indices, including popular instruments like AUS200, FRA, and US100. You can trade these products and magnify potential returns with flexible leverage.
  • Commodities: XTB offers you the opportunity to trade CFDs over 25 commodities, from cocoa and coffee to oil, gold, and gas.

4. Saxo – Best High Leverage Broker for Advanced Canadian Forex Traders

Saxo is our recommended broker for advanced forex traders. We checked out this service provider and discovered it offers 3 sophisticated platforms ideal for pros: SaxoTraderGO, SaxoTraderPRO, and SaxoInvestor.

SaxoTraderGO is an intuitive platform that ensures traders have all the information and tools they need to make speedy trading moves at their fingertips. SaxoTraderPRO is this service provider’s professional-grade software. It’s fully customizable and equipped with advanced trading features like an advanced trade ticket, Depth Trader, and 50+ technical indicators. The broker’s users can also use SaxoInvestor to invest in bonds, stocks and other financial products.

While trading forex with Saxo, you’ll get ample opportunity to profit from over 185 FX instruments. They range from majors like EUR/USD and minors like EUR/JPY to exotics and other pairs. Saxo offers competitive spreads starting from 0.6 pips to its VIP account holders. Additionally, it allows forex enthusiasts to trade other leveraged products, from options and futures to CFDs on commodities, stocks, indices, and more.

Saxo’s forex traders can access juicy leverages of up to 1:100. This broker also gives its users access to a wide range of investment products. We discovered 23,500+ stocks, 7,000+ ETFs, and 5,900+ bonds that forex traders can invest in courtesy of Saxo. Other investment products offered to this broker’s clients include 17,700+ mutual funds and crypto ETPs.

Pros & Cons

Pros

  • Offers a higher number of currency pairs than its peers
  • Traders can maximize their profit potential by trading options, futures, and other financial instruments
  • Numerous investment products are available on the platform, from stocks and ETFs to bonds and mutual funds
  • Zero minimum deposit requirement for new signees
  • No account inactivity fees
  • Advanced traders have access to powerful trading platforms tailored for professionals

Cons

  • Only supports proprietary trading platforms
  • Stringent eligibility requirements for professional and VIP accounts

5. Forex.com – Best High Leverage Forex Broker for Canadian Mobile Traders

A favorite for over 1 million traders, Forex.com is our top high-leverage broker for mobile traders in the Great White North. We tested this broker’s dedicated app, and the results left us gob-smacked. It has unique features and functionalities designed to help forex enthusiasts trade the markets with unmatched precision, keep up with crucial market moves, and stay on top of every price action.

Forex.com app’s user-friendly interface makes it a fitting solution for both newbies and professionals. The app has exciting features tailored to facilitate advanced trading, including customizable professional-grade charts and one-click trading. As if that isn’t enough, seasoned pros can use the app’s powerful research and analysis functionalities to make quick, informed decisions.

While using this broker’s magnificent app, you can magnify potential returns with 50:1 leverage. This service provider also offers you the chance to reduce costs with low spreads starting from 0.0 pips. If you are worried about product range, don’t. With this broker, you can trade 80+ currency pairs, including popular options like CAD/JPY, AUD/USD, and GBP/USD.

In addition to currency pairs, Forex.com users have access to diverse markets, from indices and stocks to commodities, crypto, and precious metals. Furthermore, we recommend this broker because its users can also tap the terrific potential of popular platforms like TradingView, MT4, and MT5.

Pros & Cons

Pros

  • The app has robust features like one-swipe trading and TradingView charts
  • Offers forex traders low spreads starting from 0.0 pips
  • Forex traders can diversify with CFDs on stocks, crypto, and other assets
  • Tier-1 educational resources and materials, including free courses and guides
  • Extensive news and analysis materials
  • Users can leverage automated trading strategies
  • Supports investing in physical metals like gold and silver

Cons

  • $15 monthly account inactivity fee
  • High minimum deposit requirements for Active Trader and VIP accounts

Leverage Trading in Canada

Leverage Trading in Canada

Leverage trading is legal in Canada. However, that applies to forex pairs, commodities, stocks, and similar securities. Crypto regulations prohibit exchanges from offering leveraged trading services. However, as a forex trader, this restriction shouldn’t affect you.

To enjoy the boons of leveraged trading in Canada, you must be at least 18. The requirements may vary depending on territory and province, so we encourage you to check your local ordinances. Don’t forget to review your region’s tax laws for traders.  

What is High Leverage Trading?

With high-leverage trading, you use a sizable amount of borrowed capital to increase your trade sizes and control larger positions. An example of high leverage is 100:1. With it, you can get exposure to assets worth $10,000 while your capital is a mere $100.

How Does Leverage Trading Work?

To trade with leverage, you must open an account with a broker supporting leverage trading. Then, fund your account while adhering to any stipulated minimum requirements. Then, choose the right leverage and use it to maximize your profit potential.

How to Choose the Best High Leverage Forex Broker in CA

As pioneers in the high-leverage trading industry, we urge you to prioritize trading with the best brokers. Don’t relent when it comes to that. Many service providers out here don’t have your best interests at heart; they are out to make a quick buck. Suppose you fall for one of the so-so or scammy service providers. In that case, countless problems will plague you, from outright scams and financial losses to frequent transaction delays and deplorable customer support.

Licensing and regulation
Leverage options
Trading platforms and tools
Fees and costs
Product range
Reviews and reputation

Licensed and regulated brokers adhere to stringent standards and mandates designed to protect your funds, data, and assets. With a multiregulated service provider, you will be assured of a fair trading environment, optimum security, and ethical practices. To summarize, sign up with a high-leverage broker licensed, authorized, or regulated by respected authorities like IIROC and CIRO.

While assessing service providers, check stipulated minimum and maximum leverages. And remember, although the highest leverages can lead to optimum returns, they also magnify potential losses. Also, as experts in our field, we highly recommend service providers with flexible leverage.

An ideal high leverage broker should offer you access to your favorite trading platforms. This is incredibly important, especially if you are a fan of third-party trading software like MetaTrade 4 and 5. Moreover, all proprietary platforms should have intuitive interfaces, robust trading features, and unquestionable performance.

While vetting suitability, you should consider each broker’s fees, spreads, and commissions. Affordable fees, tight spreads, and low commissions can reduce overall costs and increase your odds of reaping higher returns.

Put yourself in the best position to profit from opportunities in diverse markets by signing up with a broker that offers a vast range of financial products. Most importantly, choose a service provider that gives you ample access to your favorite securities.

We strongly urge you to research and vet every broker’s reputation and track record before opening a new account. To do that, visit Google Play, the App Store, and Trustpilot and go through relevant ratings and reviews. Pay closer attention to feedback and comments regarding security, support service, and leverage trading.

Risks to Trade with High Leverage Forex Broker

leverage risks

Trading with high leverage brokers can be beneficial but also exposes you to significant risk. For starters, higher leverage can lead to catastrophic financial losses. Let’s explore some of the dangers that high leverage forex brokers expose you to:

  • Amplified losses: High leverage amplifies both potential profits and losses. If you use maximum leverage and the market goes against you, you can part with more than your initial deposit.
  • Psychological pressure: Ungodly losses caused by high leverage can cause immense psychological pressure. And psychological pressure can catalyze irrational decisions and costly mistakes.
  • Over-leveraging: If you are an ambitious trader, high leverage may tempt you. Unfortunately, hitting the max increases your odds of incurring substantial losses or, in extreme cases, losing your entire trading capital.

Pros & Cons of High Leverage Trading

Before making the final decision, review the pros and cons of high-leverage trading we’ve listed below. Most importantly, dig some more and come to terms with everything associated with this endeavor, especially the drawbacks.

Pros:

  • High leverage amplifies potential returns.
  • Traders can access large positions with small capital with high leverage trading.
  • High-leverage brokers give traders the opportunity to profit during low-volatility periods.

Cons:

  • High leverage magnifies potential losses.
  • High-leverage trading requires excellent skills and a deep understanding of the markets, making it incredibly risky to newbies.

Conclusion

High-leverage trading is a double-edged sword. It can lead you towards juicy returns or catastrophic ruins, courtesy of magnified losses. We encourage our readers to research and understand the risks of using high leverage before putting hard-earned money on the line. If you are new to trading, don’t start with maximum leverage. Start with the lowest ratio possible and climb the rungs over time. 

author image
Thadeus Geodfrey

Thadeus Geodfrey is an experienced and celebrated writer and self-taught trader specialising in cryptocurrencies and forex. Market analysis, identifying fraudulent brokers, and security are his cup of tea. At BrokerRaters Thadeus develops educational materials and user-guides, offer market insights, ensures our content conforms to the best standards. Join Thadeus to succeed in your trading endeavours.

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