Trading wasn’t that popular in the world a while ago, but the coronavirus pandemic made it very popular. The lockdown boredom was why many individuals jumped into the world of online trading. This increase in the traders was the reason behind the high market competition in high leverage forex brokers’ Canada platforms.
To stay ahead of others in this competition, many brokers provide a high leverage, and here we will be discussing the best of them.
Best High Leverage Brokers in Canada – Up to 1:500
CAD 150 Deposit
|Visit Site FXCC Canada|
CAD 200 Deposit
|Visit Site BlackBull Markets Canada|
CAD 150 Deposit
|Visit Site Easy Markets Canada|
CAD 150 Deposit
|Visit Site Avatrade Canada|
CAD 150 Deposit
|Visit Site FXChoice Canada|
What is the meaning of High leverage forex brokers Canada?
When you start investing online, you can borrow some money from the brokers to invest in the market of your choice. Using this borrowed capital for investments is known as leverage. It is usually represented in a ratio between the total exposure and total margin requirement of a trade.
So, when any forex broker provides high leverage to investors, it becomes one of the high leverage forex brokers Canada. With such platforms, the chances of winning and losing magnify, and some examples of high leverage are:
Top 10 High leverage forex brokers Canada you need to know about
When looking for forex broker platforms in Canada, you will come across many options. However, for the best gains, you need to get one of the high leverage forex brokers Canada. So, here are our top 10 picks for the best high leverage forex brokers Canada that you can try.
1. BlackBull Markets
BlackBull Markets is the forex broker in Canada that offers the best overall experience for you with high leverage. It allows you to trade with more than 200 instruments from a single platform, making it a good choice for beginners. BlackBull Markets is a platform with custom trading options for traders with all experience levels. So, everyone from a beginner to an experienced broker will have a good experience here.
2. CMC Markets
CMC Markets is a UK-based Forex broker currently active in Canada and is known for its high leverage trading experience. While you trade Forex here, you get to trade many other instruments, including crypto, stocks, and more.
The Forex broker in Canada brings good regulatory experience for you. There are more than 1500 digital tokens to trade with, so you can have vast trading experience. Along with Forex, you can trade in Stocks, Crypto, Commodities, Metals, and other CFDs according to regulations.
Dukascopy is not that old compared to some other trading platforms, but it is one of the best high leverage Forex brokers you can choose in Canada. Here you can also enjoy low spreads while trading in several options like Forex, crypto, commodities, and more.
Yet another platform with high leverage for Forex brokers out there. It also offers a wide range of trading options with CFDs and cryptocurrencies apart from stocks and Forex. EagleFX is a good option for you considering its trading options for everyone with different levels of expertise. It also allows different trading styles and has experts in all types of trading for better advice.
6. FP Markets
FP Markets is one of the most versatile options that you can go for. It provides more than 10000 trading options, including stocks, commodities, etc. FP Markets is available with different trading platforms so you can choose one of your choices. One of the best things about it is that it supports all the trading styles and EAs to provide a richer trading experience for you.
Finding a trading platform with the safest experience includes checking compliance with regulatory authorities. IG is one of the best forex trading platforms with the most reliable regulatory options. It is also a good trading platform for forex traders with all experience levels. It also has other options for trading apart from Forex only, and you can enjoy high leverage while trading here.
LiteFinance is often known as LiteForex, considering its friendly experience and trading options for Forex traders. It comes with high leverage and offers all EAs and different trading styles. The trading experience with LiteFinance is richer than usual because of news trading and scalping features. It also provides different platforms for trading if you do not want to use MT4 or MT5.
OctaFX is a famous global platform for Forex trading. It does not come with many restrictions, but the regulations it comes with make it a reliable choice for many. With OctaFX, you can trade on many instruments, including Currency Pairs, CFDs, metals, commodities, indices, and more.
10. Saxo Bank
The last one on the list is Saxo Bank, known for its MT4 trading platform. Another attractive thing about the Saxo Bank Forex trading platform is the high leverage it provides for all the product offerings worldwide. Apart from the high leverage, you can also enjoy low spreads here. Saxo Bank enhances your trading experience with quick deposits, so you never miss an important trading opportunity.
Top 10 High leverage forex brokers Canada comparison
|Broker||Leverage||Minimum Deposit||Trading Platform|
With this comparison table, you can easily tell which one of the high leverage forex brokers in Canada brings the best experience for you. Always go with the broker that offers the best experience with a low deposit and a more reliable trading platform.
Keeping things like trading platform and regulatory compliance is also important when selecting your high leverage forex broker.
When selecting one of the best high leverage forex brokers Canada, keep in mind that the chances of winning and losing will equally increase. So, if you are winning big, you can also be losing big. Thus, it is very important to carefully carry out your trading journey. Additionally, keep track of the taxes and fees to get the best-earning experience when Forex trading in Canada.