Broker offers 1 2000
There is also the ever-present risk of falling below the margin requirements set by your broker.
Today forex bonuses
The margin call is the set percentage of any transaction size you are required to fulfill in terms of your own capital. If at any time you fall below that threshold, you can expect your brokers to prompt the margin call, which automatically liquidates your portfolio as far as meeting your obligations is concerned.
- Trading with low capital
Fxdailyreport.Com
The advantages of trading with high leverage brokers can make the mouths of even the most experienced traders water. The sheer unpredictability with which positions emerge and the appeal of massive gains from relatively minimal capital investment make it an exciting world to do business. But just as the gains are sweet, trouble is real when trading with high leverage forex brokers. In fact, there have been rising calls amongst international regulators looking to clamp down on the less savvy consumer.
This is to stop traders from investing their life savings without a comprehensive understanding of the pros and cons of this intricate and potentially high-risk investment strategy. That said, here is a comprehensive list of the pros and cons of trading with high leverage forex brokers.
10 best forex brokers with highest leverage
broker | info | bonus | open account |
---|---|---|---|
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec | 50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win. | Visit broker | |
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC | $100 no-deposit bonus, 100% deposit bonus | visit broker | |
min deposit: $5 spread: from 0 pips leverage: 888:1 “*this leverage does not apply to all the entities of XM group.” regulation: ASIC, cysec, IFSC belize | “50% +20% deposit bonus up to $5,000, loyalty program bonus “*clients registered under the EU regulated entity of the group are not eligible for the bonus and the loyalty program” | visit broker | |
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN | 35% of the account deposit | visit broker | |
min deposit: $100 spread: starting 0 pips leverage: up to 400:1 regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA | visit broker | ||
min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202 | visit broker | ||
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK | visit broker | ||
min deposit: no minimum deposit spread: 1.2 pips leverage: 50:1 regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC | visit broker | ||
min deposit: $10 spread: leverage: regulation: cysec | - | visit broker | |
min deposit: $200 spread: from 3 pips leverage: 400:1 regulation: NFA, FCA, cysec | visit broker |
Before we delve into the pros and cons, it is worth explaining what leverage is.
What is leverage ?
Leverage is a service offered by forex brokers. It allows FX traders to place orders that are significantly higher than their actual deposit. This, in turn, helps them achieve higher profits in the market. In the same way, when using leverage, the traders risk losing their deposit faster.
Pros of trading with high leverage forex brokers
The first and most obvious benefit of trading with high leverage forex brokers is that it earns you more money for less effort. Regardless of the nature of the instrument being traded or whether you are staking a small or large amount, the key role of high leverage brokers is to increase your profit by multiplying the stakes. Although the same effect could be achieved by investing more capital in each position, leverage works to ensure it is a step ahead in artificially boosting your available capital, usually by hundreds or even a thousand times.
- Increases capital efficiency
In conjunction with the point above, high leverage forex brokers give you the ability to earn high profits per transaction, naturally increasing the efficiency with which you are using your capital. For instance, if it takes you a week to generate $100 with an unleveraged position, leveraging it up means it will take a shorter period to deliver the same results.
In essence, this means that your capital and revenues will be freed up sooner and can be reinvested more times to deliver the most significant and fastest yields possible.
- Trading with low capital
A few years back, only the wealthy could make a profit through forex trading. This is until the introduction of leverage which allows anyone to do it. Leverage allows traders to start trading without having to provide large amounts of funds.
- Eases low volatility
Another important benefit of higher leverage forex trading is its ability to mitigate against low volatility. A volatile trade is one that delivers the highest profits. Unfortunately, due to the cautious nature of forex market traders, volatility tends to be at the lowest end of the scale. High leverage mitigates this by offering larger profits from smaller transaction sizes. High leverages allow traders to capitalize on even the smallest degrees of movement in market pricing.
High leverage FX brokers are the true double-edged sword. When they work for you, they really work for you. But when they turn against your position, trading with them can do some serious damage to your finances within the blink of an eye. Therefore, it is important that as a trader you also understand the disadvantages of trading forex with high leverage brokers.
- Heavier loss risks
The main disadvantage of using high leverage brokers in trading is that it carries a high amount of risk by paving the way for heavy losses. The goal of leveraging is simply upping your ante so that you are essentially playing with more money. Hence, when the games are up and done, you keep huge profits but also bear the losses.
High leverage can end up costing you a lot more than you bargained for, especially when your positions inevitably head south time and again. It is important to know that the higher the leverage you are trading with, the larger your chances of profit and loss are.
- A constant liability
When trading forex, it is crucial to understand that leveraging automatically builds a liability that must be met by your account by the end of the day. Regardless of whether a transaction is up or down, or how many additional costs you have covered at the end of the day, the basic cost must be met and will automatically be applied to your account.
This means that by simply entering into a position, you are by default handicapped since you will need to meet the automatic liability of the leverage portion at the close of the trade. Even if the transaction eventually trends towards zero, the leverage amount will still be owed and must be paid before you can move forward.
Any leveraged trade earns a higher cost. The funding applied to your position must be paid for in terms of interest. Whenever you leverage your transaction, you are essentially borrowing money from your broker and will be required to pay with interest. This interest is calculated and applied daily depending on the rates set by your broker.
Note that the higher the leverage amounts in the trade, the more interest you will incur and the commission the broker will charge to open the contract.
There is also the ever-present risk of falling below the margin requirements set by your broker. The margin call is the set percentage of any transaction size you are required to fulfill in terms of your own capital. If at any time you fall below that threshold, you can expect your brokers to prompt the margin call, which automatically liquidates your portfolio as far as meeting your obligations is concerned.
This could mean that any standing positions that could have run on to deliver massive profits are closed out early in addition to settling losing positions that may never recover.
The bottom line
when managed well, trading with high leverage brokers can be a successful and profitable move. Just make sure to never use high leverage if you are taking a hands-off approach to your trades.
Best high leverage forex brokers 2021
Online trading has become more accessible for the average person since the rise of the internet. Brokerage houses quickly spotted the opportunity and provided retail traders access to the financial markets via leverage.
Trading financial markets, like the FX market, can be expensive and without leverage simply impossible for the retail trader. Leverage, however, is a double-edged sword – while it enables traders to multiply their position sizes, it also increases the risk involved.
Top brokers for leverage
Below is the choice of forex brokers who provide 500:1 and 400:1 leverage options. Let’s compare!
Do you know another forex broker that offers the highest leverage of 400:1 or higher?
Please suggest by adding a comment below.
What is leverage?
Simply put, leverage acts as a multiplier of a trader’s capital. Enabled by the broker, this allows the trader access to markets they would not be able to otherwise trade.
Leverage determines the amount traders move on the actual market. For instance, on a trading account having a leverage of 400:1, traders move on the real market 400 times more than the actual position in their retail account.
How does leverage work?
The leverage level of a broker is usually expressed as a ratio. It demonstrates a particular percentage of the total available capital that a trader is required to have in their account (e.G. Leverage 1:100 requires 1% margin).
Trading with leverage is common and simple as the only requirement is for a margin minimum held by the trader. It establishes the amount of money a broker requires from a trader to open a position and is expressed in percentages.
So let’s look at how leverage trading works:
A trader wants to open a trade with a contract size of 100,000 per lot but does not have the $130,000 to put down.
Using leverage of 1:500, he or she can dramatically reduce the amount of capital required.
$130,000 / 500 (leverage used) = $260.00 required capital
Using this leverage size, we can use a simple formula to work out the amount of investment needed:
Buy trade: ask price x contract size / leverage
Sell trade: bid price x contract size / leverage
1 lot = 100,000 contracts (contracts worth is based on the underlying instrument which in this case is GBP)
GBP/USD, 100 000 contracts are worth 100 000 units of GBP.
What is leverage trading?
Leverage trading increases the accessibility to financial markets by enabling retail traders to trade more significant volumes than otherwise possible. For instance, in a 1:1 leverage trading account, one can move on the market $1 for every $1 in the trading account. That’s not enough to trade multiple positions, and the volume moved would be so small that it won’t impact the value of a trading account.
Without leverage, the margin needed for a trade would often exceed the size of the account, making it impossible for retail traders to participate. In other words, to move $200,000 on the market you’ll need to come up with a deposit of $200,000, whereas only $1000 in a 200:1 leveraged account.
How to use leverage correctly
Money management is key when trading with high leverage. First, it is important to know how much a pip movement affects the trading account. That helps to establish the risk for each trade. Second, make sure that the target exceeds the risk involved.
For instance, if the risk per each trade is 1%, the reward should exceed 1%. For some, the minimum risk-reward ratio for each trade is 1:2, meaning the trading account stands to make $2 for every $1 risked on any given trade. This way, traders avoid the negative effects of leverage and benefit from it.
Guide to find a high leverage broker?
There are many forex brokers in the marketplace that offer high leverage trading. To make an informed choice, it’s best to consider several factors:
- Do they offer a demo account?
- What trading platform are they using (MT4/MT5)?
- Where are they regulated?
- What platforms do they offer?
- How much leverage do they offer?
- What are the fees and on-going costs?
Which brokers offer high leverage?
Some forex brokers limit the maximum leverage on currency pairs to 1:25, 1:50, or a similar ratio. Obviously, these brokers are acting outside of jurisdictions imposing such restrictions. Current maximums on forex instruments that regulated forex brokers in the US may offer only leverage of 1:50, while the european broker under ESMA allowed using only 1:30.
It is not uncommon for some high leverage forex brokers to offer accounts in their offshore subdivisions with a much higher leverage under the same company management.
It is recommended to look into the average leverage offered across different asset classes to get a feel for what’s reasonable. For example, the maximum leverage for various financial instruments and commodities may look as follows:
Forex – 1:500
metals – 1:500
indices – 1:200
energy – 1:200
crypto – 1:100
Pros and cons of high leverage
Forex trading and high leverage pair well together as the number of people interested in entry into the speculative financial markets increases. As with every other financial instrument, there are inherent risks, but when handled with caution – high leverage trading on the forex market carries certain advantages.
- It opens opportunities to trade larger volume of currency pairs with an initially small balance.
- Traders can use “borrowed” capital as a funding source for forex trading.
- Multiple respected authorities like US FMA and CFTC, australian ASIC and european ESMA oversee and issue regulatory guidance on high leverage trading.
- Free demo accounts to learn before trading with real money.
- It opens access to many new markets, previously unaffordable for small traders and investors.
- Minimal margin requirements.
- There is a high potential to lose funds more easily.
- Some forex brokers offer unreasonably high leverage ratios (alike 1:1000)
- Many offshore brokers who circumvent industry and regulatory standards.
- Traders are prone to taking higher risks to ‘win big’.
Calculating profits in high-leverage trading
Leveraged forex trading extends certain margin privileges to traders in good faith as a way to facilitate more efficient trading of currencies. This means it is essential that traders maintain at least the minimum margin requirements for all open positions at all times in order to avoid any unexpected liquidation of trading positions.
While high-leverage forex trading carries certain risks – it also opens greater possibilities to accessing bigger lots and making greater profits.
Examples
Without leverage
If you wanted to open a position size of $10,000 (0.1 lots) and trade without leverage, you’d have to have at least that amount in your account. While the risk depends on your stop loss, let’s assume a 20 pip stop loss of 0.1 EURUSD is a risk of about $30, which is roughly 0.3% of the $10,000 position size.
With leverage
If you’re trading with a leverage of 100:1 and have entered a $100,000 position, the broker will set aside $1,000 from your account. The 100:1 leverage means you are now controlling $100,000 with $1,000.
Let’s say the $100,000 investment rises in value to $101,000 or $1,000. That means your ROI is 100% ($1,000 gain / $1,000 initial investment).
Can all traders use high leverage?
While all forex broker clients can use some form of leverage, not all can use high leverage to trade. Following the 2018 measures to protect retail clients, ESMA does not consider highly leveraged trading to be suitable for all investor types.
Retail clients are those who enjoy lower leverage and higher protections while professional clients have access to higher leverage and fewer regulatory restrictions but are confident they can manage the risks that go along.
ESMA has put in place various intervention measures on cfds, including establishing the maximum leverage limits available to the different client classifications, based on the trading instrument.
For retail client leverage limits are:
1:30 (3.33% margin) for forex majors
1:20 (5% margin) for main index cfds, forex small caps and gold cfds
1:10 (10% margin) for other commodity cfds except gold
1: 5 (20% margin) for individual stocks (equity cfds) and other underlyings
1:2 (50% margin) for cfds on cryptocurrencies
For professional client leverage limits are:
Up to 1:500 (0.2% margin) for forex majors, forex minors, some indices (ASX200, DAX30, DJI30, FTSE100, NQ100, SP500), and some commodities (gold, silver, XAUAUD, WTI and BRENT)
up to 1:200 (0.5% margin) for remaining indices and bonds
up to 1:100 (1% margin) for remaining commodities
up to 1:25 (4% margin) for forex exotics
UP to 1:20 (5% margin) for individual stocks (equity cfds) and cfds on cryptocurrencies
What are the main leverage ratios?
There are various levels of leverage and their use depends on the types of broker accounts and capital owned by the traders. Generally, the top most popular leverage ratios are:
- 1:20
- 1:33
- 1:50
- 1:100
- 1:200
Can US traders use high leverage?
US forex brokers are very restrictive in the leverage they offer, especially following the financial collapse in 2008. As per the commodity futures commission (CFTC) rule from october 2010, the maximum leverage available to US residents is 50:1.
The dodd frank act further prohibits US clients from trading forex with a counterparty that is not regulated in the US.
Risk management with forex leverage
There are widely accepted rules that investors should review when selecting a leverage level. The three basic rules of leverage are:
Maintain low levels of leverage.
Use trailing stops to reduce downside and protect capital.
Keep positions small and limit capital to 1% to 2% of the total trading capital on each position taken.
When you follow these rules, you can better manage leverage. New traders should be cautious about the forex leverage level they select and make a choice based on their trading experience, risk tolerance and comfort when operating in the global currency markets. Remaining conservative and trading only with the best high leverage brokers in 2020, is a good start to start building experience.
Is trading with leverage dangerous?
No, if a trader understands the simple basics of leveraged trading.
Yes, if a trader has no clues about what he is doing.
High leverage enables forex traders to trade larger capitals with multiple types of trades. Without leverage the majority of individual investors won’t be able to operate in the forex environment today.
Trading with high leverage is riskier than with low leverage. However, this is dependant on your risk management.
Recently regulators stepped in and tightened the conditions for trading with leverage. Of course, the idea is to protect the retail trader, but brokers hope to lower risks by closing the opening positions when there isn’t sufficient capital in the trading account before losses exceed deposits.
Moreover, high leverage accounts leave more free margin available to trade with. This way, traders can find more trading opportunities from a range of markets.
Conclusion
Leverage is one of the reasons why online trading is so popular. Without leverage, many retail traders couldn’t afford to trade.
Moreover, high leverage means less margin is required. This leaves more funds available in the trading account for new trades and potential drawdown.
Tight money management rules coupled with high leverage is the perfect combination for ambitious traders in search of ways to beat the financial markets. One without the other makes it difficult to reach financial independence.
Top 10 best high leverage forex brokers 2021
Top rated:
Are you looking for the best high leverage forex brokers because these days you are only finding forex brokers with very low leverage?
Are you an EU resident and would you like to find serious brokers with high leverage?
Do you want to know what are the top high leverage brokers specifically in the UK?
Some of the major forex brokers still offer the possibility of trading with high leverage.
But let’s see everything together.
Typically, high leverage forex brokers have the advantage of offering tempting conditions for the rookie trader. High leverage usually comes with no minimum deposit requirement or just a symbolic one, for instance.
Therefore, traders are attracted by the simplicity and easiness to access the interbank market, while ignoring the rule of thumb regarding the risk.
Higher leverage, by definition, means higher risk.
Are high leverage forex brokers riskier than other ones? The right answer is no.
All of them offer different types of trading accounts that suit every kind of trader. Swing traders and investors alike have access to quality execution, ECN accounts, and excellent trading conditions.
Even among the best forex brokers with high leverage, some trading accounts and conditions are incredible. Moreover, the high leverage refers to only specific types of trading accounts and doesn’t apply to all regions of the world.
As usual, we’ve put together the top ten brokers fitting this category, with all the things to consider like regulation, brokerage type, minimum deposit conditions or the markets offered for trading.
Higher leverage in a trading account is perceived as riskier due to the possibility of consuming all the funds if things go wrong. That’s why in many countries, such as canada as we have already talked about in our article where we spoke about the best forex broker in canada, the trading leverage is restricted. As beginners, traders who usually ignore money management techniques, are destined to face harsh market conditions sooner rather than later.
Therefore, pay close attention and try to consider all risks well and manage them as best you can, especially if you decide to use high leverage.
Broker offers 1 2000
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
3 users say thank:
Yang pasti trading dengan skill analisa yang kita gunakan pasti akan lebih aman dengan adanya lose dan profit pasti kita tidak tidak akan di persulit wd karena hanya mengandalkan probalitas dari kemampuan kita.
Namun kalau sudah ada niat curang pasti broker akan melarangnya
misalkan.
Meng hack dengan memanfaatkan price feed di suatu broker dengan menggunakan sofware atau lainya probalitas profit juga pasti sangat signifikan pasti akan di curigai broker dan bisa di banend bahkan nama trader di blacklist.
Memanfaatkan 2 akun dengan 2 op entah dengan memanfaatkan swap untuk mendapatkan ke untungan
atau juga dengan cara TB ini juga sangat di larang bahkan IB juga bisa kena imbas. Makanya ib juga selalu memperingati bila cara tradingnya seperti ini.
Dan memasang pending order yang berlebibahan lebih dari 30. Ini jelas akan akan mengganggu server broker yang membuat sibuk. Dan bisa di cencel profit yang kita dapat.
Enaknya trading dengan normal aja dengan ilmu yang yang kita pahami tanpa ada unsur kecurangan pasti hasilnya juga lebih maksimal
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
2 users say thank:
3 users say thank:
Ada lima teknik trading yang dilarang keras oleh broker, karena dianggap curang dan sangat merugikan broker.
1. Trading balance
teknik ini dilakukan menggunakan dua buah akun pada satu broker dan melakukan transaksi pada satu pasangan mata uang dengan lot yang sama tetapi dengan posisi berlawanan. Semisal pada akun A dilakukan aksi jual, maka akun B dilakukan aksi beli. Meskipun akun A terkena margin call, si trader tetap untung. Sebab, diakun B dia akan balik modal sekaligus mendapatkan profit dari bonus yang diberikan broker. Jadi, yang menjadi incaran pelaku trading balance bukanlah profit dari trading, tetapi bonus yang diberikan broker. Jadi, wajar jika dianggap curang dan merugikan broker.
2. Trading arbitrase
teknik ini dilakukan dengan cara membuka posisi jual atau beli satu pasangan mata uang secara bersamaan pada dua broker berbeda. Pelaku trading arbitrase mengincar keuntungan dari selisih harga antara dua broker tersebut.
3. Scalping
scalping ialah trading jangka pendek dalam hitungan menit dengan mengambil profit beberapa pips menggunakan lot besar. Beberapa broker tidak mengijinkan penggunakan teknik ini, ada pula yang membolehkan namun dengan persyaratan ekstra ketat. Teknik ini dilarang karena membebani server broker dan mengganggu transaksi trader yang lain.
4. Teknik DDOS server trading
sesuai istilahnya, pelaku teknik ini menggunakan script atau program untuk menyerang server trading broker untuk keuntungannya. Tentu saja ini sangat terlarang.
5. Teknik hacking / cracking
dalam hal ini pelaku melakukan hack terhadap server broker menggunakan software atau aplikasi yang bisa menguntungkan dirinya dan merugikan broker.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
3 users say thank:
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
2 users say thank:
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
User say thank:
Halo gan..
Mau bantu jawab..
Sejauh yang saya tau, teknik yang sangat-sangat di larang adalah trading balance..
Karena trading balance itu bukan hedging dalam rangka mengunci posisi..
Tapi demi mengeksploitasi bonus deposit yang di berikan oleh broker..
Maka nya semua broker yang ada bonus depositnya, sangat2 melarang teknik yang satu ini..
Mungkin jaman dulu banget masih bisa..
Tapi broker mana mau di rampok terus..
Bayangin aja, modal kecil bisa menjadi sangat besar hasilnya karena hanya memutarkan uang dengan mengandalkan pencairan bonus deposit 30%..
Jadi, jangan coba-coba mencurangi broker..
Selama broker nya gak over curang, maka trading lah seperti biasa sebaik mungkin..
Kalo memang broker nya kelewat curang, yaaa jangan trading di situ lagi..
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Tehnik apa saja yang dilarang oleh broker ?
Dalam melakukan trading tentu kita ingin melakukan trading dengan aman, maksudnya ketika kita bisa menghasilkan profit, profit tersebut lancar kita WD, dan dalam hal ini kita harus mengetahui tehnik apa saja yang dilarang broker. Yang menjadi pertanyaan ada berapa sich tehnik trading yang dilarang broker ?
Ada 2 strategi yang dilarang oleh broker yang bisa dibagi dalam rule khusus dan rule umum.
- rule umum memuat strategi atau teknik yang dilarang oleh broker bahkan hampir semua broker melarangnya dengan keras.
- rule spesifik yaitu strategi atau teknik yang dilarang dan sudah ditetapkan oleh sebuah broker dan tiap-tiap broker beda dalam rule tersebut.
Untuk yang pertama adalah rule umum (hampir semua broker melarangnya) seperti:
1. Trading ballance, strategi trading menggunakan 2 akun bonus dengan membiarkan salah satu akun MC dan akun satunya meraup bonus, strategi ini dilarang oleh semua broker terutama NDB broker.
2. Arbitrase, strategi trading dengan mencari selisih harga antar broker atau 2 broker yang berbeda.
3. Hacking/cracking, strategi trading dengan cara hack server broker dengan software
4. DDOS erver broker, strategi trading dengan sebuah program yang menyerang server broker kemudian memanipulasi harga.
5. Pending order yang berlebihan, startegi dengan membuka sangat banyak order pending yang bisa membuat server broker down
Kedua adalah rule spesifik, yaitu strategi yang sudah ditetapkan oleh sebuah broker sebagai larangan, misalnya:
1. Rule closing, ada broker yang menetapkan rule closing harus setelah 5 menit, 10 menit dan sebagainya
2. Rule hedging, ada broker yang melarang melakukan hedging sebelum sekian menit dan sebagainya
3. Dan masih banyak lagi, tentunya setiap broker ada rule masing-masing untuk itu penting sekali kita membaca rule atau term and condition sebelum kita mendaftar di sebuah broker.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Trading advantages of roboforex forex broker
No limits in providing outstanding benefits to roboforex clients.
- Tight spreads
from 0 pips - Fastest order
execution - 4 account currencies
(EUR, USD, CNY, GOLD) - Micro accounts with the
minimum lot size of 0.01 - 8 asset
classes - Affiliate program
50% profit sharing
Roboforex bonus programs
Roboforex provides for its clients best promotional offers on financial markets.
Start trading with roboforex now and unleash the powerful benefits!
Profit share bonus
up to 60%
- Bonus up to 20,000 USD.
- Can be used during "drawdown".
- Deposit from 10 USD.
- Withdraw the profit received when trading your own funds.
Get bonus
Classic bonus
up to 120%
- Bonus up to 50,000 USD.
- Сan’t be used during "drawdown".
- Deposit from 10 USD.
- Trade with bonus funds and withdraw the profit.
Get bonus
Cashback (rebates)
up to 15%
- Receive cashback for the trading volume of just 10 lots.
- Available for all verified clients.
- Receive real money as cashback and withdraw it instantly.
Learn more
Up to 10%
on account balance
- Payments for the trading volume starting from 1 lot.
- No restrictions: withdraw instantly.
- Receive % on account balance every month.
Learn more
Account types
- First deposit
- Execution type
- Spreads
- Instruments
- Bonuses
- Platforms
Pro-standard
The most popular account type at roboforex, which is suitable for both beginners and experienced traders.
Prime
"prime" accounts combine all best features of ECN accounts and are suitable for advanced traders.
Pro-cent
Pro-cent accounts provide an opportunity to trade micro lots and is best suitable for beginners, who want to test our trading conditions with minimum investments.
ECN account type is intended for professionals, who prefer the best trading conditions with tight spreads.
R trader
R trader is a multi-asset web platform, which combines modern technologies, a classic but taken to a new level design, and access to the world’s major financial markets.
- First deposit 100 USD
- Execution type market execution
- Spreads floating from 0 points
- Instruments over 12,000 stocks, indices,
forex, etfs, cfds, cryptocurrencies - Bonuses not available
- Platforms R trader - web platform
By opening a demo account at roboforex, you can test our trading conditions - instruments, spreads, swaps, execution speed - without investing real money.
- First deposit not required
- Execution type market execution
- Spreads depends on type of account
- Instruments depends on type of account
- Bonuses limited number of offers
- Platforms
depends on type of account
Trading platforms
The most popular platform for trading on the forex market, which includes a knowledge database, trading robots, and indicators.
- 3 types of order execution
- 9 time frames for trading
- 50 integrated indicators for technical analysis
- Variety of order types
The latest version of metatrader platform with an opportunity to choose between netting and hedging systems.
- 4 types of order execution
- Multi-currency tester
- Market depth
- 6 types of pending orders
Roboforex trading platforms
For those traders who prefer to be always on the move we present exclusive roboforex trading platforms: webtrader and mobiletrader.
- Trade from any browser or mobile device (ios, android).
- Get the same functionality as on desktop platforms.
- Control your positions and orders from any place in the world.
Multi-asset web-based trading platform with the fastest in the industry financial charts and advanced technical analysis tools.
- Over 12,000 stocks, indices, FX, etfs, cryptocurrencies.
- Minimum deposit: 100 USD.
- Trading robots builder. No programming skills required.
Trading platforms center
Exclusive trading platforms
For those traders who prefer to be always on the move we present exclusive roboforex trading platforms: webtrader and mobiletrader.
Security of client's funds
Your funds are fully secured when you trade with roboforex.
- Regulated activities: IFSC license
no. 000138/107 - Negative balance
protection - Participant of the financial
commission compensation fund - Execution quality certificate
start trading now
8 asset classes
Discover the world’s key markets through roboforex accounts and platforms.
Forex
We offer transparent and reliale access to trading FX with more than 40 currency pairs
Forex trading benefits
- Institutional spreads from 0 points
- Metatrader4, metatrader5, ctrader, R trader platforms
- Leverage: up to 1:2000
- Fastest execution possible
read more
Stocks
Access to more than 12,000 stocks through R trader platform and more than 50 via metatrader 4/5 terminals
Stocks trading benefits
- Minimum deposit: 100 USD
- Free stock exchange market data online
- Leverage: up to 1:20
- Metatrader4, metatrader5, R trader platforms
read more
Indices
In its most regularly traded format, an index is defined as a portfolio of stocks that represents a particular market or market sector
Indices trading benefits
- Metatrader4, metatrader5, R trader platforms
- Tight spreads - no mark up
- Leverage: up to 1:100
- Over 10 instruments
read more
Trade fast-growing global ETF industry with over $3 trillion in assets in management
Etfs trading benefits
- Minimum deposit: 100 USD
- R trader platform
- Leverage: up to 1:20
- Сorporate events supported and handled by the system automatically
read more
Soft commodities
Trade etfs on grown commodities such as coffee, cocoa, sugar, corn, wheat, soybean, fruit
Soft commodities trading benefits
- Minimum deposit: 100 USD
- R trader platform
- Over 100 instruments
- Leverage: up to 1:20
read more
Energies
Trade cfds and commodity etfs on energy market including oil, natural gas, heating oil, ethanol and purified terephthalic acid
Energies trading benefits
- Tight spreads
- Metatrader4, R trader platforms
- Ideal instrument for day traders
- Minimum deposit: 10 USD
- Leverage: up to 1:100
read more
Metals
Trade cfds and commodity etfs on precious metals including gold, platinum, palladium, silver as well as gold/dollar and silver/dollar pairs.
Metals trading benefits
- Hedge against political instability and dollar weakness
- Minimum deposit: 10 USD
- Metatrader4, metatrader5, ctrader, R trader platforms
- Leverage: up to 1:1000
read more
Cryptocurrencies
Bitcoin, litecoin and ethereum proved to have great potential for investment and speculation
Cryptocurrencies trading benefits
- Metatrader4, metatrader5, R trader platforms
- Over 20 cryptoinstruments
- Leverage: up to 1:50
- Trading 24/7
read more
0% commissions
When our clients deposit their trading accounts, the commission is always 0%. Roboforex covers all expenses. Choose the payment system according to your convenience, not cost effectiveness.
Roboforex also compensates its clients' commission for funds withdrawal twice a month.
Instant withdrawals
- Automatic withdrawal system: withdrawals within a minute for certain payment methods
- System works 24/7
- Simple, reliable, and fast
More than 20 ways to deposit funds
Become an investor on forex
For easy short-term investments
- Choose among over 1,000 traders.
- Get detailed statistics on trader's performance.
- Unsubscribe at any time.
Copyfx platform will be perfect for those, who search for a simple but reliable way to invest on forex.
Roboforex market analytics
Forex analytics
Forex technical analysis & forecast for february 2021
Fibonacci retracements analysis 01.02.2021 (GOLD, USDCHF)
The aussie is being pulled down. Overview for 01.02.2021
Economic calendar
Exclusive market analytics
Claws & horns is an independent analytical company providing brokers with a set of necessary analytical tools.
Fxwirepro™ is a leading analytical company, which provides the participants of financial markets with research reports in the real-time mode.
Company news
Roboforex: changes in trading schedule (martin luther king jr. Day)
Roboforex: changes in trading schedule (christmas and new year holidays)
Roboforex received prestigious awards of the financial sector
Winner of more than 10 prestigious awards
Roboforex was recognized by the most respected experts of the financial industry.
More than 800,000 clients from 169 countries.
Best investment products (global)
Best partnership program (LATAM)
Most trusted
broker
Most transparent
asian forex broker
Best global mobile
trading app
Best broker
of the CIS
Official sponsor of "starikovich-heskes" team at the dakar 2017
Experienced racers with more than 60,000 off road kilometers in europe, africa, and australia under their belt.
Official sponsor of muay thai fighter andrei kulebin
A many-time thai boxing world champion, an experienced trainer, and an honored master of sports.
Roboforex ltd is an international broker regulated by the IFSC, license no. 000138/107, reg. Number 128.572.
Risk warning: there is a high level of risk involved when trading leveraged products such as forex/cfds. 58.42% of retail investor accounts lose money when trading cfds with this provider. You should not risk more than you can afford to lose, it is possible that you may lose the entire amount of your account balance. You should not trade or invest unless you fully understand the true extent of your exposure to the risk of loss. When trading or investing, you must always take into consideration the level of your experience. Copy-trading services imply additional risks to your investment due to nature of such products. If the risks involved seem unclear to you, please apply to an outside specialist for an independent advice. Roboforex ltd and it affiliates do not target EU/EEA clients. Roboforex ltd and it affiliates don't work on the territory of the USA, canada, japan, australia, bonaire, curaçao, east timor, liberia, saipan, russia, sint eustatius, tahiti, turkey, guinea-bissau, micronesia, northern mariana islands, svalbard and jan mayen, south sudan, and other restricted countries.
At roboforex, we understand that traders should focus all their efforts on trading and not worry about the appropriate level of safety of their capital. Therefore, the company took additional measures to ensure compliance with its obligations to the clients. We have implemented a civil liability insurance program for a limit of 5,000,000 EUR, which includes market-leading coverage against omissions, fraud, errors, negligence, and other risks that may lead to financial losses of clients.
© roboforex, 2009-2021.
All rights reserved.
Best high leverage forex brokers for 2021
Below you will find a list of forex brokers that offer trading accounts with high leverage and, consequently, have low margin requirements. If you’re a scalper and prefer to trade in high volumes or your trading style implies simultaneous position opening, then choosing a high-leverage broker is a good call. Just be careful, as much as the low margin requirement provides an excellent opportunity to quickly make some profits, it also creates a possibility to take heavy losses and even wipe out your trading account in instance. Perform basic risk calculations before engaging in forex trading. Hitting the stop out level is never a fun thing to experience.
Recently, the european securities and markets authority imposed leverage caps on the assets that are traded on brokerage platforms within the EU and the united kingdom. The issue here is that many retail traders cannot afford the large margin requirements needed to support trading under such restricted leverage conditions. If you decide to trade with brokers in the UK and EU, ESMA’s new leverage caps mean that you need to have a margin of 3.33% to trade a major forex pair, as much as 5% to trade a minor forex pair, and as high as 10% to trade stocks cfds. If you love crypto cfds, you have to be prepared to come up with at last 50% of the total capital required to setup a position on BTC/USD or any other crypto pair of your choice. The brokers in those regions have already started to feel the pinch as affected traders pull out of their platforms in large numbers. This is where these high leverage forex companies have come to the rescue and provide alternative trading venues for such traders.
The essence of high leverage trading
To understand the impact of high leverage trading, picture this scenario. If you setup a standard lot position on EUR/USD, you will need $100,000 capital. With a 3.33% margin requirement on a low leverage broker platform, you will need at least $3,333 to setup this position. But if you were to trade with the high leverage brokers in the list below, using a leverage of 1:500 (i.E. 0.2% margin) means that you would only need $200 to effect the same trade. Same position size, and same size of profit or loss. What a world of difference this makes.
Some of the brokers in this list provide leverage of up to 1:3000. However, a clarification at this point would be in order. The leverage you see listed beside each broker is the maximum leverage available to you as a trader. The leverage provided by these brokers falls into a spectrum which starts at 1:2 and terminates at 1:500, or 1:2000 or 1:3000 as the case may be. This gives you the power to choose leverage amounts you are ok with. If you are more comfortable with using a leverage of 1:200 (i.E. Margin of 0.5%) and not the very high leverages (such as 1:3000), by all means work with this. Best high leverage brokerage companies put the power of choice in your hands without having to box you into a corner with very few leverage options.
How to use high leverage correctly
If you take the time to read through the guidelines released by ESMA on the leverage caps, you would notice that the limitation on leverage to 1:30 for forex majors only applies to retail traders. Institutional traders are still allowed to use high leverages; sometimes as high as 1:300. The question is: if high leverage was an entirely bad thing, why was it not scrapped by ESMA entirely? Why are institutional traders allowed to use high leverage whereas retail traders are not?
An explanation for this is that institutional traders usually would have received professional training and proper instruction on position sizing and risk management. The firms they work in also have internal risk control mechanisms that ensure that no trader within the institution goes beyond allowable risk. There is also considerable oversight from team leaders at every level. Furthermore, there is also a great understanding of the concept of volatility, so any leverage used is deployed according to high volatile a market is, with the higher leverages being used to trade low volatility markets.
This goes to show that the real problem here is not leverage in itself, but the propensity of retail traders to abuse leverages and take on too much risk as a result. It is almost a natural thing for traders to want to assume considerable risk, and restricting leverage is not going to cure such innate instincts. Leverage caps will if anything, only serve to push traders to come up with more money to fund such risky trading. Therefore, emphasis on using leverage, whether low or high, should shift totally to ensuring that the traders obey the rules of position sizing and risk management to the letter.
Therefore, in using any of the high leverage brokers listed below, traders must STRICTLY observe the following rules:
- A) high leverage is best left for the low volatility markets. Forex majors tend to have lower trading ranges, lower spreads and have more predictable movements that forex minors or exotic currency pairs. High volatility markets such as stocks and index cfds should be used with lower leverage. The least leverage of all should be used for cryptocurrencies.
- B) position sizing must take into account the 3% exposure rule. That is, the total capital of the trader that should be in open trades should not exceed 3% of the account size. If you are using a leverage of 1:100 (1% margin) and you are trading with a $2,000 account, your position size should not exceed $60. If you set up a trade where you hope to make 90 pips and risk 30 pips as the stop loss, then you should trade micro-lots only. Indeed, you should not trade mini-lots on any account that is less than $5000.
- C) always pay attention to risk-reward ratios. Any trade that involved taking tremendous risk and does not provide a potential profit that is at least three times the risk set as the stop loss should be skipped. In other words, your risk-reward ratio should be at least 1:3.
- D) never take more than 2 trades simultaneously, and you should ensure that they collectively do not exceed 3% of your account size.
- E) do not use high leverage for highly volatile markets such as the cryptocurrency and commodity CFD markets such as gold and crude oil.
- F) remember that using a high leverage broker does not mean you must always use the maximum leverage for all trades. You have to be use leverage responsibly.
- G) before entering any leveraged trade, write down the reasons behind your decision and compare this with your earlier defined parameters for trade entries. If there is significant deviation from your trade strategy parameters (which should all have been derived from previous testing on demo and a small real account), then you should re-evaluate your decision.
High leverage brokers for you
Below is a list of the best high leverage brokers you can work with. A look at the list will reveal that there are some familiar names on it. Some of these brokers have head offices in the UK or in cyprus (EU region). In order to compensate for the exit of traders who cannot meet the steep margin requirements on their EU/UK platforms, these brokers have devised a system of automatically migrating affected clients to their offshore branches. This arrangement works well for broker and trader. The broker retains the client, and the client is able to get the same standard of regulation and service provision from the broker, albeit in a new jurisdiction.
Feel free to look at what each of these brokers has on offer, and start trading with a high leverage brokerage today.
Broker offers 1 2000
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
3 users say thank:
Yang pasti trading dengan skill analisa yang kita gunakan pasti akan lebih aman dengan adanya lose dan profit pasti kita tidak tidak akan di persulit wd karena hanya mengandalkan probalitas dari kemampuan kita.
Namun kalau sudah ada niat curang pasti broker akan melarangnya
misalkan.
Meng hack dengan memanfaatkan price feed di suatu broker dengan menggunakan sofware atau lainya probalitas profit juga pasti sangat signifikan pasti akan di curigai broker dan bisa di banend bahkan nama trader di blacklist.
Memanfaatkan 2 akun dengan 2 op entah dengan memanfaatkan swap untuk mendapatkan ke untungan
atau juga dengan cara TB ini juga sangat di larang bahkan IB juga bisa kena imbas. Makanya ib juga selalu memperingati bila cara tradingnya seperti ini.
Dan memasang pending order yang berlebibahan lebih dari 30. Ini jelas akan akan mengganggu server broker yang membuat sibuk. Dan bisa di cencel profit yang kita dapat.
Enaknya trading dengan normal aja dengan ilmu yang yang kita pahami tanpa ada unsur kecurangan pasti hasilnya juga lebih maksimal
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
2 users say thank:
3 users say thank:
Ada lima teknik trading yang dilarang keras oleh broker, karena dianggap curang dan sangat merugikan broker.
1. Trading balance
teknik ini dilakukan menggunakan dua buah akun pada satu broker dan melakukan transaksi pada satu pasangan mata uang dengan lot yang sama tetapi dengan posisi berlawanan. Semisal pada akun A dilakukan aksi jual, maka akun B dilakukan aksi beli. Meskipun akun A terkena margin call, si trader tetap untung. Sebab, diakun B dia akan balik modal sekaligus mendapatkan profit dari bonus yang diberikan broker. Jadi, yang menjadi incaran pelaku trading balance bukanlah profit dari trading, tetapi bonus yang diberikan broker. Jadi, wajar jika dianggap curang dan merugikan broker.
2. Trading arbitrase
teknik ini dilakukan dengan cara membuka posisi jual atau beli satu pasangan mata uang secara bersamaan pada dua broker berbeda. Pelaku trading arbitrase mengincar keuntungan dari selisih harga antara dua broker tersebut.
3. Scalping
scalping ialah trading jangka pendek dalam hitungan menit dengan mengambil profit beberapa pips menggunakan lot besar. Beberapa broker tidak mengijinkan penggunakan teknik ini, ada pula yang membolehkan namun dengan persyaratan ekstra ketat. Teknik ini dilarang karena membebani server broker dan mengganggu transaksi trader yang lain.
4. Teknik DDOS server trading
sesuai istilahnya, pelaku teknik ini menggunakan script atau program untuk menyerang server trading broker untuk keuntungannya. Tentu saja ini sangat terlarang.
5. Teknik hacking / cracking
dalam hal ini pelaku melakukan hack terhadap server broker menggunakan software atau aplikasi yang bisa menguntungkan dirinya dan merugikan broker.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
3 users say thank:
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
2 users say thank:
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
User say thank:
Halo gan..
Mau bantu jawab..
Sejauh yang saya tau, teknik yang sangat-sangat di larang adalah trading balance..
Karena trading balance itu bukan hedging dalam rangka mengunci posisi..
Tapi demi mengeksploitasi bonus deposit yang di berikan oleh broker..
Maka nya semua broker yang ada bonus depositnya, sangat2 melarang teknik yang satu ini..
Mungkin jaman dulu banget masih bisa..
Tapi broker mana mau di rampok terus..
Bayangin aja, modal kecil bisa menjadi sangat besar hasilnya karena hanya memutarkan uang dengan mengandalkan pencairan bonus deposit 30%..
Jadi, jangan coba-coba mencurangi broker..
Selama broker nya gak over curang, maka trading lah seperti biasa sebaik mungkin..
Kalo memang broker nya kelewat curang, yaaa jangan trading di situ lagi..
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Tehnik apa saja yang dilarang oleh broker ?
Dalam melakukan trading tentu kita ingin melakukan trading dengan aman, maksudnya ketika kita bisa menghasilkan profit, profit tersebut lancar kita WD, dan dalam hal ini kita harus mengetahui tehnik apa saja yang dilarang broker. Yang menjadi pertanyaan ada berapa sich tehnik trading yang dilarang broker ?
Ada 2 strategi yang dilarang oleh broker yang bisa dibagi dalam rule khusus dan rule umum.
- rule umum memuat strategi atau teknik yang dilarang oleh broker bahkan hampir semua broker melarangnya dengan keras.
- rule spesifik yaitu strategi atau teknik yang dilarang dan sudah ditetapkan oleh sebuah broker dan tiap-tiap broker beda dalam rule tersebut.
Untuk yang pertama adalah rule umum (hampir semua broker melarangnya) seperti:
1. Trading ballance, strategi trading menggunakan 2 akun bonus dengan membiarkan salah satu akun MC dan akun satunya meraup bonus, strategi ini dilarang oleh semua broker terutama NDB broker.
2. Arbitrase, strategi trading dengan mencari selisih harga antar broker atau 2 broker yang berbeda.
3. Hacking/cracking, strategi trading dengan cara hack server broker dengan software
4. DDOS erver broker, strategi trading dengan sebuah program yang menyerang server broker kemudian memanipulasi harga.
5. Pending order yang berlebihan, startegi dengan membuka sangat banyak order pending yang bisa membuat server broker down
Kedua adalah rule spesifik, yaitu strategi yang sudah ditetapkan oleh sebuah broker sebagai larangan, misalnya:
1. Rule closing, ada broker yang menetapkan rule closing harus setelah 5 menit, 10 menit dan sebagainya
2. Rule hedging, ada broker yang melarang melakukan hedging sebelum sekian menit dan sebagainya
3. Dan masih banyak lagi, tentunya setiap broker ada rule masing-masing untuk itu penting sekali kita membaca rule atau term and condition sebelum kita mendaftar di sebuah broker.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as instaforex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Best forex brokers in nigeria for 2021
We compared & then selected the 8 best forex brokers in nigeria that are regulated with FCA (UK), cysec & FSCA.
Forex trading is a popular financial instrument for investing in the markets. However, choosing the right forex broker can be a tricky task.
In a rapidly developing country such as nigeria, there are so many good brokers, but there are also a lot more scam brokers operating in the market. So it is really important to only choose trusted & regulated nigerian forex brokers and avoid the bad ones.
In order to help you find the best forex broker, we have tracked & compared over 10 different brokers that accept nigerian investors.
List of 8 best regulated forex brokers in nigeria for 2021
There are various aspects that we looked into in order to assess each broker, these include the broker’s compliance with multiple top-tier regulations, broker reviews, the amount of fee charged (even the hidden charges), leverage offered, minimum deposit, funding & withdrawal methods and time taken etc.
Our below vetted list is created especially for nigerian traders; it will quickly allow you to compare the key features that you need to look for in any reputed forex broker.
Best forex brokers in nigeria
Here’s our updated list of the 8 best performing forex brokers in nigeria in terms of trading & non-trading fees, promptness of deposits & withdrawals, trade execution, support & deposit bonus (last 6 months):
1. FXTM – best forex broker in nigeria (instant order execution, low deposit & easy withdrawals)
Overall rating 9/10
- Fees: 1.9 pips average spread for EUR/USD with standard account. And 0.3 pips (plus $0.4 per mini lot) with ECN MT5 account.
- Account minimum: ₦2000 or $10 (cent account)
- Leverage: 1:1000
- Promotion: no deposit bonus available currently
Ranks #1 forex broker in nigeria
Forextime or FXTM is the best forex broker in nigeria, and they are one of the few forex brokers that has local office & phone number in nigeria. They are safe for nigerian traders as they are regulated under various trusted jurisdictions such as the FCA in UK, cysec in cyprus, FSCA and FSC of mauritius. FXTM is our recommended forex broker for nigerian traders.
FXTM’s was founded in 2011 & they are a FCA regulated forex broker, which is a top tier regulation, so we consider them to be a safe broker. They offer various account types, all of them can be funded in USD or naira & have very low minimum deposit requirements starting from just ₦2000 with the cent account. This makes FXTM a very good choice for nigerian traders.
Apart from forex trading, FXTM also offer other instruments such as cfds on commodity futures and cfds on spot metals making them a very attractive choice for traders looking to diversify their portfolio. They have also recently upgraded its range of currencies & now offer 57 major & minor currency pairs.
Another important factor that we look for in a broker is their promptness of support & withdrawals, and FXTM beats other brokers hands down in this area.
FXTM broker offers local customer support in english & has 19 deposit & withdrawal options which includes many methods for nigerian traders including bank deposit & card payment. Even allows users to create a demo account in order to build their confidence and learn the art of trading. FXTM also offers a wide range of educational material to its clients, including trading webinars.
- FXTM is a highly regulated forex broker, so trading with them is safe. They are regulated globally with 3 top tier regulators i.E. FCA(UK), FSCA & cysec.
- You can start trading with ₦2000 deposit, making them a good option for new traders.
- Low spreads for most major & minor currency pairs including EUR/USD with ECN MT5 account.
- Fast withdrawals in nigeria.
- Live chat support is available 24/5 & for few hours during weekends. Their support overall is quite good.
- FXTM has bit higher spread with their standard accounts compared to other brokers. For ex. Their typical EUR/USD spread with standard account is around 1.9 pips on average, but its still competitive.
2. Hotforex – best regulated forex broker with low spread & 100% deposit bonus
Overall rating 9.0/10
- Typical fees: 1.2 pips spread for EUR/USD with micro account & 0.3 pips with zero account. This would be variable depending in the market conditions.
- Account minimum: $5 (₦2000)
- Leverage: 1:1000
- Promotion: get 100% bonus on new deposits with at-least ₦30,000 deposit required.
Ranks #2 forex broker in nigeria
Hotforex is our recommended low cost broker for nigeria. They have a local office & phone support in nigeria & are a highly regulated broker (FCA, FSCA & cysec). They are a 100% STP broker which ensures very fair dealing. Plus they offer very good order execution on all trades, have really low spreads for EUR/USD & other majors, and very good customer support as well. We highly recommend hotforex for beginner traders looking for a well regulated low cost broker in nigeria.
Hotforex was established in the year 2010. They are regulated with FCA (UK), cysec & even financial sector conduct authority (south africa), so we find them to be a trusted broker for nigerians.
They have very low minimum deposit, as low as $5. Also, they offer extremely competitive spread of 0.3 pips for EUR/USD with zero account (1.2 pips with premium, micro accounts), 0.8 for USD/JPY, 0.6 for GBP/USD (this may vary depending on the market fluctuations).
Further, hotforex offers trading on various platforms that can be accessed from android, iphone and desktop. You can trade on the metatrader 4 or metatrader 5 platforms, both of which are the most widely used trading platforms in the world.
Hotforex also offers local bank withdraw and deposit methods for nigerian traders, and there are many wallet options as well. Plus, hotforex have ongoing deposit bonus promotion available for traders in nigeria.
- Hotforex is a highly regulated broker, as they are regulated by 3 top-tier regulatory authorities FCA, FSCA & CYSEC. This ensures very fair dealing.
- Low minimum deposit requirements of $5.
- Hotforex has one of the lowest spread of all the brokers that we have compared. Around 0.3 pips typical spread for EUR/USD with their zero account.
- Very attractive 100% sign up bonus for new customers & good loyalty program for existing customers.
- Hotforex offers local deposit options like bank transfers for nigerian customers. You would need to talk to their live chat for the local bank funding options.
- Very good support available via live chat, phone & emails.
- 100% depoit bonus available for every deposit of $250 or higher.
- Their commission per lot of $6 (roundturn) with zero account is higher than other brokers like IC markets, FXTM that offer similar low spread ECN type accounts.
3. Octafx – low spread broker, commission free local deposits, withdrawals & 50% deposit bonus
Overall rating 8.9/10
- Fees: 1.1 pips typical spread for EUR/USD with MT4 micro accounts. And 0.7 pips (plus $0.3 per mini lot) with ECN ctrader account.
- Account minimum: $50 (₦18,000)
- Leverage: 1:500
- Promotion: 50% deposit bonus on all deposits
Ranked #3 forex broker in nigeria
Octafx is a cysec regulated forex broker that also accepts nigerian clients. They offer good trading conditions including competitive spread, fixed as well as variable spread MT4 accounts, local nigerian bank deposit & withdrawal methods, and multiple trading platforms i.E. MT4, MT5 & ctrader for mobile, web, and desktop.
Octafx is a forex & CFD broker that was established in 2011. They have 3 account types i.E: MT4 micro account for new traders with spread starting from 0.4 pips, the MT5 account for expert traders with 0.2 pips spread & ctrader ECN account for professional traders with the lowest raw spread & direct market execution. All their accounts have good trading conditions with support for scalping & hedging.
Their trading instruments on offer are limited though, as octafx offers forex trading on 28 currency pairs, and CFD trading on metals, energies, indices & cryptocurrencies. But they have competitive spread on their available trading assets, especially for traders who are looking to trade major currency pairs, and 3 main cryptos (bitcoin, ethereum and litecoin).
Their support is also very responsive in handing issues. Their live chat support is available for 5 week days, and email support is available 24/7. They also have whatsapp text support available. But they don’t have a nigerian phone number currently.
The funding & withdrawal options at octafx are very wide for nigerian traders. They offer instant funding via skrill, neteller, and quick zero fees funding via bank transfer, or cash, or ATM in their gtbank account. Also they offer BTC funding & withdrawal.
- Octafx is a cysec regulated forex broker, so it is considered safe for nigerian traders to trade with them.
- Their spreads for major currency pairs is quite competitive. For ex. Their spread for EUR/USD starts from 0.4 pips even with their beginner MT4 micro account.
- Local deposit & withdrawals options available in nigeria, and they don’t charge any fees with this method. Also instant wallet funding and withdrawals options are available.
- Their support overall is good, as their live chat support is available 24/5, and their email support is available 24/7.
- They have a 50% deposit bonus available for all deposits.
- Octafx has lesser trading assets available as compared to other forex brokers. They have 28 currency pairs, cfds on 4 metals, 10 indices & 3 cryptos (bitcoin, litecoin, ethereum).
So, let's see, what was the most valuable thing of this article: list of top forex brokers with highest leverage 100:1, 200:1, 400:1, 500:1 and 1000:1 in 2020. Here is our recommended for beginners and professional traders. At broker offers 1 2000
Contents of the article
- Today forex bonuses
- Fxdailyreport.Com
- 10 best forex brokers with highest leverage
- Best high leverage forex brokers 2021
- Top brokers for leverage
- What is leverage?
- How does leverage work?
- What is leverage trading?
- How to use leverage correctly
- Guide to find a high leverage...
- Which brokers offer high...
- Pros and cons of high leverage
- Calculating profits in high-leverage...
- Can all traders use high...
- What are the main leverage...
- Can US traders use high leverage?
- Risk management with forex...
- Is trading with leverage dangerous?
- Conclusion
- Top 10 best high leverage forex brokers 2021
- Broker offers 1 2000
- 3 users say thank:
- 2 users say thank:
- 3 users say thank:
- 3 users say thank:
- 2 users say thank:
- User say thank:
- Trading advantages of roboforex forex broker
- Roboforex bonus programs
- Profit share bonus up to 60%
- Classic bonus up to 120%
- Cashback (rebates) up to 15%
- Up to 10% on account balance
- Account types
- Trading platforms
- Roboforex trading platforms
- Exclusive trading platforms
- Roboforex bonus programs
- Security of client's funds
- 8 asset classes
- 0% commissions
- Instant withdrawals
- Become an investor on forex
- Roboforex market analytics
- Forex analytics
- Forex technical analysis & forecast for february...
- Fibonacci retracements analysis 01.02.2021 (GOLD,...
- The aussie is being pulled down. Overview for...
- Economic calendar
- Exclusive market analytics
- Company news
- Roboforex: changes in trading schedule (martin...
- Roboforex: changes in trading schedule (christmas...
- Roboforex received prestigious awards of the...
- Forex analytics
- Winner of more than 10 prestigious awards
- Best investment products (global)
- Best partnership program (LATAM)
- Most trusted broker
- Most transparent asian forex broker
- Best global mobile trading app
- Best broker of the CIS
- Official sponsor of "starikovich-heskes" team at...
- Official sponsor of muay thai fighter andrei...
- 8 asset classes
- Best high leverage forex brokers for 2021
- The essence of high leverage trading
- How to use high leverage correctly
- High leverage brokers for you
- Broker offers 1 2000
- 3 users say thank:
- 2 users say thank:
- 3 users say thank:
- 3 users say thank:
- 2 users say thank:
- User say thank:
- Best forex brokers in nigeria for 2021
- Best forex brokers in nigeria
- 1. FXTM – best forex broker in nigeria (instant...
- 2. Hotforex – best regulated forex broker with...
- 3. Octafx – low spread broker, commission free...
No comments:
Post a Comment