Margin trading is when investors borrow money to buy and sell assets online. In this article, we reveal our 5 Best 1:3000 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 1:3000 leverage are:
🏆 Alpari
🏆 FBS
Here is an overview of some of these brokers that offer leverage of 1:3000, along with pros and cons of each and an explanation of what leverage is.
Alpari
Alpari is a regulated broker with more than 2 million clients worldwide.
USD 5 FSC 📱 Platforms MT4, MT5, Alpari Mobile ₿ Crypto No 💵 Account Currency USD, EUR, GBP, NGN Yes 1:1000 🛒 Instruments Forex, Metals, CFDs 🏛️ Visit Broker
Minimum Deposit
Regulators
Islamic Account
Leverage
Alpari was founded in 1998 and this broker offers 4 types of accounts and hundreds of tradable instruments.
Despite the high minimum deposit requirement, Alpari is a beginner-friendly broker that provides plenty of educational resources and demo accounts.
Pros and Cons of Alpari:
| ✔️Pros | ❌Cons |
| Referral program | 4 base currencies |
| Social trading broker | Limited instrument selection |
| tight spreads | No USA clients |
| fixed spreads |
Capital Street FX
Capital Street FX is a licensed and regulated broker based in Mauritius. This broker offers a wide range of Forex currency pairs, Stocks, Indices, Commodities, Bonds and Cryptocurrencies.
Capital Street FX was founded in 2002 and operates as part of 6 other international companies. Capital Street FX is authorized and regulated by the Financial Services Commission of Mauritius (FSC).
Capital Street FX offers 4 types of accounts and a minimum deposit of $100 is required to open an account with this broker.
Capital Street FX Pros and Cons:
| ✔️Pros | ❌Cons |
| trading bonuses | not many regulations |
| tight spreads | |
| fixed and variable spreads | |
| VIP account |
FBS
FBS has more than 17 million clients and over 150,000 affiliate partners globally.
16,000,000+ Traders Overall Rating USD 1 CySEC, IFSC, FSCA, ASIC 📱 Platfroms MT4, MT5, FBS trader, CopyTrade ₿ Crypto Yes 💵 Account Currency EUR, USD Yes 1:30 🛒 Instruments Forex, Indices, Stocks, Metals, Energies, Crypto Welcome bonus 🏛️ Visit Broker FBS has launched a new type of account specifically for trading cryptocurrencies. The new Crypto account has over 100 instruments with digital currencies. BTC, LTC, and ETH are just some of the instruments that will be available for trading against other cryptocurrencies or against more traditional currencies, commodities, and other instruments.
4.7/5
Minimum Deposit Regulators Islamic Account Leverage
FBS has been around for many years and is regulated by the Cyprus Securities and Exchange Commission.
FBS offers competitive spreads on a variety of instruments and clients can start trading with as little as $1 for crypto accounts and $5 for trading accounts.
FBS Pros and Cons:
| ✔️Pros | ❌Cons |
| low minimum deposit | 2 base currencies |
| beginner-friendly | |
| many clients | |
| tier-1 regulations |
FX Glory
Overall Rating USD 1 Off-shore regulation 📱 Platforms MT4 ₿ Crypto No 💵 Account Currency USD, EUR, GBP, CHF, JPY, XRP, LTC, BTC Yes 1:3000 🛒 Instruments Forex, Metals, Oil 🏛️ Visit Broker
2.8/5
Minimum Deposit Regulators Islamic Account Leverage
FXGlory is a low-cost, beginner-friendly Forex broker that was founded in 2011 in the United Arab Emirates.
All FXGlory accounts offer both instant and market order executions and all accounts are commission-free and have fixed spreads.
The FXGlory customer support team is available 24/7 and they have offices in Dubai, Malaysia, Spain, Cyprus, the United Kingdom and St. Vincent and the Grenadines.
FX Glory Pros and Cons:
| ✔️Pros | ❌Cons |
| trading bonuses | offshore broker |
| low minimum deposit | limited product choice |
| 5+ account currencies |
JustMarkets
JustMarkets is a beginner-friendly broker that offers 7 types of accounts and spreads from as low as 0 pips.
When you open an account with JustMarkets, you can claim a $30 welcome bonus and a 120% deposit bonus.
This broker also has a referral program and is an excellent choice if you are interested in copy trading.
JustMarkets Pros and Cons:
| ✔️Pros | ❌Cons |
| Beginner-friendly | no USA clients |
| low spreads | |
| commission-free trading | |
| trading bonuses |
Conclusion
With the companies presented, traders can trade Forex with 1:200 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 10 Best 1:3000 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!
You might also like: Best VIX75 Forex Brokers
You might also like: Best Day Trading Forex Brokers
You might also like: Best CFD Brokers
You might also like: Best ZAR Account Forex Brokers
You might also like: Best PAMM Forex Brokers
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.
