High leverage forex broker
Leverage in Forex trading refers to borrowed funds provided by brokers, allowing traders to open larger positions with smaller amounts of own capital. For example, with leverage of 1:500, a trader can open a position worth $50,000 using only $100 of personal funds. This tool significantly affects the potential profitability and risks associated with forex trading.
FxPro is an international forex brokerage company established in 2006. It is registered and regulated by several major financial authorities, including FCA (United Kingdom), CySEC (Cyprus), and FSCA (South Africa). FxPro offers traders leverage of up to 1:500, and for professional traders, leverage can even reach 1:10,000.
| Trading Instrument | Maximum Leverage |
|---|---|
| Forex Majors | up to 1:500 |
| Forex minors | up to 1:200 |
| Metals | up to 1:200 |
| Indices | up to 1:200 |
| Stocks | up to 1:20 |
High leverage provides traders with certain benefits. It enables opening positions with limited capital, thus increasing potential returns from smaller market movements. Traders can diversify their investments and strategies without requiring large deposits.
Despite its benefits, high leverage involves significant risks. Even small fluctuations in currency prices can cause considerable losses. For example, a 1% price movement at leverage of 1:500 can lead to a loss of 500% of the initial investment. FxPro provides negative balance protection, limiting trader losses to the initial account deposit.
| Account Type | Minimum Deposit | Leverage | Commission |
|---|---|---|---|
| MT4 Account | $100 | Up to 1:500 | None |
| MT5 Account | $100 | Up to 1:500 | None |
| cTrader | $100 | Up to 1:500 | From $4.50/lot |
FxPro implements negative balance protection, preventing traders from losing more than their initial deposit. The broker is regulated, offering a legal safeguard for client funds. Traders' deposits are stored separately from company assets.
Transaction processing times vary, typically ranging from instant (e-wallets, cards) to several business days for bank transfers.
FxPro's customer support operates 24 hours a day from Monday to Friday, providing multilingual assistance. The team resolves issues related to account management, transactions, technical problems, and general trading inquiries. Communication channels include phone, email, and live chat.
For traders who prefer high leverage, applying effective risk management is crucial. This involves using stop-loss orders, limiting the size of individual trades, and regularly monitoring open positions. Proper discipline can help reduce the potential negative impact of market volatility.
FxPro is suitable for traders familiar with managing high-risk scenarios. The broker's offering of high leverage, robust platforms, and solid regulation make it appealing. Traders should assess their financial capabilities and risk tolerance before selecting a high-leverage broker.