Margin trading is when investors borrow money to buy and sell assets online. In this article, we reveal our 5 Best 1:2000 Leverage Forex Brokers and we review the features, trading conditions and instruments these brokers offer.
Research suggests that approximately 9.6 million people trade forex online. Forex markets are open 24/7 and an average value of around $5 trillion of forex transactions take place daily.
Margin trading is also referred to as “trading with leverage”. Depending on regulations, some brokers may offer leverage of 1:2 or higher.
Rank Broker Regulations Min. deposit Rating Open account MiFID, FSA, ASIC, BVI, FFAJ, FSCA, ADMG, FRSA FCA, FSA, FSCA, DFSA, CySEC, FSC CySEC, FCA, SFSA, FSCA, CBCS, FSA, FSC $10 ASIC, FCA, FSCA $50 $100 $50 FCA, ASIC, CFTC, FINMA, MAS, JFSA, DIFC $0 FCA, KNF, CySEC, IFSC $200Top 10 Brokers for 2024
Our top 3 Brokers for trading with 1:2000 leverage are:
🏆 Exness
🏆 FXTM
🏆 FreshForex
Here is an overview of some of these brokers that offer leverage of 1:2000, along with pros and cons of each and an explanation of what leverage is.
Exness
Exness currently has more than 340,000 clients internationally and has been around for more than a decade.
Overall Rating Rated #1 of USD 10 FSA, CBCS, FSC, FSC, FSCA, CySEC, FCA 📱 Platforms MT4, MT5 ₿ Crypto Yes 💵 Account Currency USD, EUR, ZAR, CHF, NZD, SGD, JPY, AUD Yes 1:unlimited 🛒 Instruments 100+ Forex, Cryptocurrencies, Energies, Metals, Shares, Stocks, Commodities 🏛️ Visit Broker
4.9/5
Recommended FX Brokers
Min. Deposit
Regulators
Islamic Account
Leverage
Exness is a highly regulated broker that offers commission-free trading, raw spreads from as low as 0 pips and unlimited leverage.
Exness provides educational resources in more than 5 languages and is a beginner-friendly broker.
Exness Pro, Raw Spread, Zero, Standard Cent and Standard accounts can be converted to swap-free accounts.
Exness Pros and Cons:
| ✔️Pros | ❌Cons |
| beginner-friendly | No trading bonuses |
| 100+ forex pairs | No USA clients |
| No inactivity fees | |
| Low minimum deposit |
FXTM
FXTM was founded in 2011 and has over 4 million clients globally.
Overall Rating USD 10 CySEC, FCA, FSC 📱 Platforms MT4, MT5, FXTM Trader ₿ Crypto No 💵 Account Currency USD, EUR, GBP, NGN Yes 1:2000 🛒 Instruments Metals, Stocks, CFDs, Indices, Forex, Commodities 🏛️ Visit Broker
4.1/5
Minimum Deposit Regulators Islamic Account Leverage
FXTM can be used by clients from more than 100 countries and allows traders to use more than 5,000 strategies that have been created and tested by professional traders.
FXTM offers spreads from 0 pips and more than 1,000 tradable instruments. This broker is beginner-friendly and provides plenty of educational resources to help you get started.
FXTM Pros and Cons:
| ✔️Pros | ❌Cons |
| low minimum deposit | inactivity fees |
| tight spreads | No USA clients |
| 3 types of accounts | 4 base currencies |
| beginner-friendly |
FreshForex
FreshForex is an award-winning broker that was founded in 2004. This broker offers tight spreads on hundreds of instruments and there are several promotional offers.
By joining FreshForex, you can get +10% to each cryptocurrency deposit, 300% for each deposit, cashback rewards and more.
FreshForex provides plenty of educational resources and research material, and is a great choice for beginners.
FreshForex Pros and Cons:
| ✔️Pros | ❌Cons |
| trading bonuses | no USA clients |
| high-quality resources | |
| beginner-friendly | |
| no minimum deposit |
Grand Capital
Overall Rating USD 10 FinaCom 📱 Platforms MT4, MT5, GrandTrade ₿ Crypto Yes 💵 Account Currency USD, EUR, JPY, GBP, CHF, RUB Yes 1:500 🛒 Instruments Stocks, Energies, Metals, Forex, CFDs, Crypto, Indices 🏛️ Visit Broker
4.8/5
Minimum Deposit Regulators Islamic Account Leverage
Grand Capital offers more than 300 instruments and 6 flexible account types that are compatible with MetaTrader 4 and 5.
Grand Capital was established in 2006 and this broker has more than 750,000 clients globally.
Grand Capital offers a renewable deposit bonus of 40% and there are many contests to participate in.
Grand Capital Pros and Cons:
| ✔️Pros | ❌Cons |
| multiple account types | not many regulations |
| promotional offers | no USA clients |
| low minimum deposit |
AAFX
AAFX is a CFD and forex broker that was founded in 2010 and is based in Hong Kong and Australia.
AAFX uses No Dealing-Desk (NDD) execution and offers commission-free trading and tight spreads on a variety of forex pairs, commodities, indices, stocks and other instruments.
AAFX offers a fixed account, an ECN account and a VIP account. A minimum deposit of $100 is required to open an account with this broker.
AAFX Pros and Cons:
| ✔️Pros | ❌Cons |
| multiple account types | 3 base currencies |
| tight spreads | high minimum deposit |
| commission-free trading | |
| EA trading |
Conclusion
With the companies presented, traders can trade Forex with 1:2000 leverage or even higher.
A high leverage ratio indicates a company is largely financed by debt and increases the insolvency risk because it becomes more difficult to meet financial obligations when the company’s assets suddenly drop in value.
We hope that this review of our 5 Best 1:2000 Leverage Forex Brokers will help you find a broker that aligns with your trading goals so that you can trade with confidence and peace of mind.
Good luck with your trading!
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FAQ
What is leverage?
Leverage is when funds are borrowed to increase the amount of capital an investor has to enter the markets with and trade. This method of trading is also referred to as “Margin trading”.
Trading with margin can increase your account balance by 2x, 100x or even 3000x the initial amount, but you will expose yourself to much higher risks.
How does leverage work?
When you trade on margin, you deposit a fraction of the amount you want to trade with and your broker supplies the rest of the funds.
The total exposure of your account is known as the “Leverage ratio”.
You will be able to trade with the funds in your account but the money you use will be owed to your broker.
What are the benefits of using leverage?
The advantages of using leverage are:
- You only have to fund a portion of your account to enter the markets with a bigger deposit
- Using leverage enables “gearing”, which frees up your capital for other investments
- Using leveraged products to speculate on market movements enables you to benefit from falling and rising prices, which is known as ‘going short’.
What are the drawbacks of using leverage?
Some of the disadvantages of using leverage are:
- Margin trading exposes you to much higher risks
- You give up the benefit of taking ownership of an asset when you trade on margin
- If your positions move against you, you will need to add capital or exit positions, which is known as “margin calls”
- Overnight fees may be charged when you open a full position using margin
Disclaimer
Remember, 75% of retail investors lose money when trading CFDs and there is a high risk of losing your capital in the forex markets.
The information on this website is in no way intended to be used as financial advice and opening an account with any broker is done at your own discretion and risk.
