Best High Leverage Forex Brokers in UAE

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Trading with higher leverage increases your profit potential. If you are looking to trade on leverage, you will need to trade with a forex broker that offers high leverage trading. In this guide, we take a look at the best high-leverage forex brokers available to UAE traders.

Best High Leverage Forex Brokers in UAE 2022

  • eToro – Best Overall High Leverage Forex Broker
  • Capital.com – Best High Leverage Trading Platform 
  • Libertex – Offers 600:1 Leverage for Professional Traders
  • Skilling – Offers 500:1 Leverage
  • AvaTrade – Best High Leverage Broker for Expert Traders
  • VantageFX – Top High Leverage Forex Broker 
  • FinmaxFX – Offers 200:1 Leverage for Retail Traders
  • Plus500 – User-friendly Forex Broker that Offers High Leverage Forex Trading
  • Forex.com – Offers over 90 Forex Pairs for Forex Traders and High Leverage
  • FXTM – Offers the Highest Leverage of 1000:1

Best High Leverage Broker Reviews

Below we break down the 10 best high leverage forex brokers for UAE traders, starting with eToro!

01. eToro: Best High Leverage Forex Broker for UAE Traders

etoro-logo

eToro is the best high leverage forex broker that also offers access to social trading. You can trade on over 50 forex pairs with leverage up to 30:1 or trade cryptocurrencies, stocks, and ETFs with leverages between 5:1 and 10:1. You can open a professional trading account with eToro to increase your maximum leverage on forex pairs to 400:1 after passing a test. If you don’t want to trade the markets yourself, you can use eToro’s social trading platform to copy the trades of expert high-leverage traders.

ProsCons
Up to 30:1 leverage on standard accounts and 400:1 on professional accountsCharges inactivity and withdrawal fees
Licensed and regulated brokerFew technical analysis tools are available
Low minimum deposit of only 200 AED
Offers social trading
Doesn’t charge commission or management fees


02. Capital.com: Best High Leverage Trading Platform in the UAE

capital.com-logo

Capital.com offers UAE traders up to 30:1 leverage. They have their own proprietary trading platform, which is compatible with MetaTrader 4. You can trade over 140 currency pairs via Capital.com and open an account for only 75 AED. Capital.com doesn’t charge any commission and has low spreads. They offer technical analysis tools and educational material to their traders.

ProsCons
Up to 30:1 leverageOnly CFD trading
Possible to connect with MetaTrader 4No options trading
Offers over 140 currency pairs
Low minimum deposit to open account


03. Libertex: Offers 600:1 Leverage for Professional Traders

libertex-logo

Libertex is a regulated forex broker that has been in business for over 25 years and that offers up to 600:1 leverage to professional traders. Retail traders can trade with up to 30:1 leverage on Libertex. Libertex offers trading via MT4, MT5, and their own trading platform. On all these platforms you can trade 51 currency pairs with high leverage. You can open a Libertex account from 40 AED.

ProsCons
30:1 leverage for retail traders and 600:1 for professional tradersOffers few other assets to trade
Over 25 years in business as regulated broker
Low minimum deposit to open account


04. Skilling: Offers 500:1 Leverage to UAE Forex Traders

skilling-logo

Skilling is a new forex and CFD broker that offers up to 500:1 leverage on major currency pairs, and 200:1 on minor ones to UAE traders. With Skilling you can trade gold shares with up to 200:1 leverage, commodities with up to 100:1 leverage, stocks with 10:1, and cryptocurrencies with 5:1. On Skilling, you can trade 800 different financial instruments and they offer social trading services. Skilling doesn’t charge trading fees but only spreads and is regulated by the FSA and CySEC.

ProsCons
Offers high leveraged trading to UAE tradersDoesn’t offer ETFs
Doesn’t charge trading fees
Offers social trading 


05. AvaTrade: Best High Leverage Broker for Expert Traders

avatrade-logo

AvaTrade is the best high leverage broker for expert traders known for its advanced trading tools, multiple trading platforms and leverage up to 400:1 on forex currency pairs. You can trade commodities with up to 200:1 leverage, ETFs with 20:1, and 10:1 on stocks with AvaTrade. For Muslim UAE-based traders AvaTrade offers Islamic forex trading accounts.

ProsCons
Offers up to 400:1 leverageCharges margin fees
Has Islamic accounts available
Compatible with MT4 and MT5


06. VantageFX: Top High Leverage Forex Broker 

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VantageFX offers UAE traders up to 500:1 leverage on forex pairs and a range of trading platforms. You can use technical analysis tools on VantageFX and they offer free forex signals, negative balance protection, fast execution, and even a 50% welcome bonus. For Islamic traders from the UAE VantageFX offers Swap-Free Islamic accounts.

ProsCons
Offers up to 500:1 leverageNot regulated by top-tier regulators
Doesn’t charge spreads
50% welcome bonus for new traders
Islamic accounts available for Muslim traders


07. FinmaxFX: Offers 200:1 Leverage for Retail Traders

finmax-fx-logo

FinmaxFX is a forex broker that offers 200:1 leverage on forex pairs for retail traders. It isn’t regulated by FCA or CySEC, which is why it can offer this high leverage. You can trade over 50 currency pairs and 400 other assets with FinMax and they support automated trading.

ProsCons
Offers up to 200:1 leverageCharges high inactivity and withdrawal fees
Supports automated tradingNot licensed by top-tier regulators
Compatible with MT4 and MT5


08. Plus500: User-friendly Forex Broker that Offers High Leverage Forex Trading

plus500-logo

Plus500 is a forex and CFD broker that offers up to 30:1 leverage to retail traders and 300:1 to professional traders. Plus500 is regulated by CySEC, FCA, and DFSA. You can trade over 70 forex pairs with them, but also other assets like stocks, commodities, options, ETFs, and cryptocurrencies. Recently they added CFD options to their available assets.

ProsCons
Offers up to 300:1 for professional traders and 30:1 for retail tradersCharges high overnight fees
Offers CFD options
Regulated by top-tier regulators


09. Forex.com: Offers over 90 Forex Pairs for Forex Traders and High Leverage

forex.com-logo

Forex.com is one of the best high leverage forex brokers for UAE traders. They offer up to 50:1 leverage on over 90 currency pairs, which is more than most forex brokers have available. Forex.com charges low spreads and is an STP broker. Apart from forex, you can trade over 4,500 assets with them, including stocks, cryptocurrencies, ETFs, indices, and commodities.

ProsCons
Over 90 currency pairsUnclear trading fees
Over 4,500 available assets
Transparant licensed and regulated STP broker


10. FXTM: Offers the Highest Leverage of 1000:1

fxtm-logo

FXTM offers the highest possible leverage of 1000:1. They charge low spreads and don’t reduce the maximum leverage on smaller account types. On some assets, they don’t charge spreads. You can trade forex majors with 1000:1 leverage, minor pairs with 500:1 leverage, and exotic forex pairs with 50:1 leverage with them.

ProsCons
Offers up to 1000:1 leverageFew available assets apart from currency pairs
No spreads on certain assets

Related: best forex brokers in UAE overall


What is High Leverage Forex Trading?

High leverage forex trading is the practice of borrowing big amounts of money from brokers to open larger positions. Traders can trade the markets with small amounts of their own money and take bigger risks with high leverage forex trading because both the profit and loss potentials are multiplied. Brokers charge traders swap and overnight fees for borrowing money from them. 

What is the Best Leverage for Forex Trading?

The best leverage for forex trading depends on your risk appetite. The higher the leverage, the more risk you take. Trading with higher leverage can increase your profits but also your losses. Some asset classes like cryptocurrencies are very volatile. Brokers don’t offer high leveraged trading on volatile assets because this is risky. 

Why Should I Trade With leverage?

You should trade with leverage because you can trade with larger amounts of money by borrowing from your broker. This increases your profit potential. 

High Leverage Trading Tips

We recommend traders that want to trade with high leverage to use trailing-stop orders and other risk management tools the broker offers, understand the value of a pip before opening a trade, apply a risk-reward ratio, and use the high leverage only for short-term trading.

Getting Started with High Leverage Forex Trading

You get started with high leverage forex trading by opening an account with a forex broker. In this guide, we will explain how to do this with eToro.

Open a Forex Trading Account

You open a forex trading account at eToro by going to the eToro website, clicking on ‘Sign Up’, choosing a username and password, filling in your email address, and accepting the terms and conditions. It is possible to sign up with Google or Facebook instead.

When you have created your account, you will need to verify your identity. You do this by going through the KYC procedure and uploading a picture of your passport, driver’s license, or national ID card, and a recent utility bill or bank statement.

Open a Forex Trading Account with eToro
id-verification-etoro

Depositing Funds

Once your account is verified, you need to deposit funds into it. You do this by logging in to your account, clicking ‘Deposit’, and choosing a preferred payment method and the amount you want to trade with. 

Practice High Leverage Trading with a Demo Account

We recommend practicing high leverage trading with a forex demo account before trading high leverage with real money. This way you familiarize yourself with the process. 

Start Trading with Leverage

Once you are ready to trade with leverage with real money, start doing so with low leverage ratios and slowly move up to a level you are comfortable with.

Best High Leverage UAE Forex Brokers – Our Verdict

Based on our review, we consider eToro as the best forex broker in UAE for leverage trading. Despite leverage rates of 1:400, they offer great copy trading features, an intuitive trading platform, and free demo accounts.

FAQ

What are the advantages and disadvantages of high leverage trading?

The advantages of high leverage trading are that it increases profit potential and you can make a lot of money fast, however, it is also risky and you can lose a lot of money quickly as well.

Why can brokers offer leverage to traders?

Because prices of forex pairs fluctuate about 1% per day and brokers can manage the risk of all their traders’ profits and losses whilst providing leverage.

Does it cost money to trade with leverage?

Yes, you borrow the money to do this from your broker, which has to be paid back with interest (overnight fees).

Where can I trade with the highest leverage?

At FXTM you can trade with the highest leverage, being 1000:1.

Is it possible to trade crypto with leverage?

Yes, you can trade crypto with leverage at some of the brokers mentioned in this guide, including eToro. The leverage offered on cryptocurrencies is lower than on forex pairs.


Methodology
The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of the best forex brokers. Trading platform, fees, mobile trading, payments, assets, regulation,
education and research are all part of our six-month evaluation of a broker’s account.The rating scale was based on thousands of data points that have been weighted into the scoring system. Brokerages were required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online brokers we reviewed. Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.

Disclaimer
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.

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Stefan Grasic (Dipl.-Jur) is the World Wide Director of research for Buisness24-7 and has considerable experience in the financial and investment niche, but also enjoys writing articles for the general readership. Stefan is an active Crypto, Forex and general investment researcher advising blockchain companies at their start up level. He keeps fit by mountain biking, surfing, skiing and lots of other adrenaline sports.