10 Best High Leverage Forex Brokers in Ireland

A forex broker is a financial services company that facilitates the buying and selling of forex and CFD instruments, including currencies, commodities, indices, cryptocurrencies, and more. Forex brokers act as intermediaries between retail traders and global financial markets. They offer leverage, trading platforms, tools, resources, and support to help traders participate in the forex market

High-leverage forex brokers offer the opportunity to control larger positions with a smaller amount of capital. For example, with leverage of 1:100, a trader can control a $10,000 position with just $100. Forex brokers in Ireland follow the European Securities and Markets Authority (ESMA) guidelines. Under these guidelines, brokers are allowed to offer leverage of 1:30 for major currency pairs and 1:20 for minors and exotics to protect retail investors from excessive risk. However, some brokers offer professional accounts that provide leverage as high as 1:500. Additionally, some regulated brokers have offshore entities, or some offshore forex brokers offer leverage as high as 1:1000 or more, which may appeal to more experienced or professional traders seeking greater trading flexibility and higher potential returns.

In this article, we’ve compiled a list of the best high-leverage forex brokers. We focused on brokers who are regulated, and offer low spreads, competitive trading conditions, user-friendly platforms, responsive customer support, and more. This guide is designed to help you choose brokers that provide high leverage while ensuring a secure and efficient trading experience.

A List of 10 High Leverage Forex Brokers in Ireland

• Pepperstone: As high as 1:500 for Professional Account 
• FBS: As high as 1:3000 
• JustMarkets: As high as 1:3000 
• FXTM: As high as 1:3000 
• ThinkMarkets: As high as 1:2000 
• HFM (HF Markets): as high as 1:2000
• XM: As high as 1:1000
• IC Markets: As High as 1:1000 
• TickMill: As high as 1:1000
• FP Markets: As high as 1:500

Best High leverage Forex Brokers (Reviewed and Compared)

Can I trust these high-leverage brokers in Ireland?

Yes, you can trust these high-leverage brokers in Ireland. Brokersway recommends brokers based on facts and thorough research. We evaluate brokers using 170 data points, grouped into 6 key categories: regulations and security, fees, trading experience, trading tools, customer support, and trading education. These brokers are regulated by multiple authorities, ensuring they are legitimate and trustworthy. Below are the regulations of these brokers.

• Pepperstone: Regulated by 7 regulatory authorities including FCA, ASIC, CySEC, BaFin, DFSA, CMA, and SCB
• FBS: Regulated by 3 Regulatory Authorities including Cysec, ASIC, FSC-Belize
• JustMarkets: Regulated by 4 Regulatory Authorities including CySEC, FSC- Mauritius, FSA-S, FSCA.
• FXTM: Regulated by 5 Regulatory Authorities including CySEC, CMA, FCA, FSCA, FSC-Mauritius
• ThinkMarkets: Regulated by 10 Regulatory Authorities including ASIC, CySEC, FCA, FSA, FSC, NZFMA, DFSA, JFSA, FSCA, CIMA
• HFM (HF Markets): Regulated by 6 Regulatory Authorities including FCA, DFSA, FSCA, FSA in Seychelles, CMA, CySEC
• XM: Regulated by 5 Regulatory Authorities including ASIC, CySEC, DFSA, FSCA, FSC in Belize (Global)
• IC Markets: Regulated by 3 Regulatory Authorities including FCA, CySEC, and ASIC
• Tickmill: Regulated by 5 Regulatory Authorities including FCA, CySEC, FSA, FSA (Labuan), and FSCA
• FP Markets: Regulated by 5 Regulatory Authorities including ASIC, CySEC, SVGFSA, FSCA

How Did We Select the Best High Leverage Forex Brokers in Ireland?

Research

To identify the best high-leverage forex brokers in Ireland, we conducted extensive research, focusing on the leverage, features, services, and regulations associated with each broker. We analyzed market trends, broker offerings, and user feedback to understand what traders value most. This comprehensive approach allowed us to build a solid foundation for our evaluations.

Data Collection

We gathered data from a variety of reliable sources, including official regulatory bodies, broker websites, TrustPilot, FPA, WikiFX, and reputable financial news platforms. This data encompassed key metrics such as trading fees, available assets, leverage options, and client support services. Additionally, we considered user reviews and testimonials to gauge trader satisfaction and experiences.

Verification

After collecting data, we verified the information to ensure accuracy and reliability. This step involved cross-referencing details from multiple sources, including regulatory websites and independent reviews. By ensuring that our data is accurate, we aim to present an honest assessment of each broker’s strengths and weaknesses.

Live Testing

To provide a real-world perspective, we conducted live testing of the shortlisted brokers. This involved opening demo accounts and executing trades to evaluate the trading platforms, order execution speed, and customer service responsiveness. Our live testing process allowed us to assess each broker’s performance under actual market conditions, providing valuable insights into their functionality.

Scoring

Finally, we scored each broker based on a set of criteria, including regulatory compliance, trading costs, platform usability, available trading instruments, customer support, overall user experience, and leverage. Each category was assigned a specific weight, reflecting its importance in trading. The scores helped us rank the brokers, ensuring that our recommendations align with the needs and preferences of traders looking for high-leverage forex brokers in Ireland.

What is a Forex Broker?

A forex broker refers to a financial services provider that allows traders to access the foreign exchange market, facilitating the buying and selling of currency pairs. By acting as intermediaries, these brokers connect traders to liquidity providers and offer trading platforms that support real-time execution, price tracking, and market analysis. They operate during the global forex market hours, ensuring traders can engage in trading throughout the week.

In addition to currency pairs, many forex brokers offer CFDs on various assets such as commodities, indices, stocks, and cryptocurrencies. These contracts enable traders to speculate on price movements without owning the underlying assets. Brokers also provide tools like leverage, advanced charting, and educational resources to assist traders in refining their strategies and making more informed trading decisions.

What is Leverage in Forex Trading?

Leverage in trading refers to the use of borrowed capital to increase potential returns on an investment. It allows traders to control larger positions with a relatively small amount of their own funds, known as margin. For example, with a leverage ratio of 100:1, a trader can control $10,000 worth of assets with just $100. This amplifies both potential profits and potential losses, making it a powerful but risky tool.

In forex and CFD trading, leverage varies depending on the broker and regulatory conditions. For major currency pairs, leverage can range from 10:1 to 500:1 or higher with offshore brokers. While leverage increases trading opportunities, it also magnifies risks, especially in volatile markets. Traders should employ proper risk management, such as setting stop-loss orders and maintaining sufficient margin levels when using high leverage. A trader should understand the impact of  high leverage carefully as it can enhance gains but also lead to substantial losses if the market moves unfavorably

Do Forex Brokers Offer High Leverage in Ireland?

Yes, forex brokers in Ireland can offer high leverage through professional accounts or via their offshore entities. In line with European regulations, brokers typically provide a fixed leverage of 1:30 for major currency pairs, as set by regulatory authorities like ESMA. However, professional traders may access higher leverage through specific professional accounts, which are subject to different regulatory standards. Additionally, some forex brokers operating through offshore entities may offer higher leverage to attract international clients.

Brokers that offer high leverage in Ireland often do so through professional accounts, where the leverage can go up to 1:500 or even higher. This provides traders with the ability to control larger positions with smaller capital requirements. For traders outside of Ireland or those using offshore entities, brokers may offer leverage as high as 1:1000 or 1:3000, depending on the regulatory environment in the jurisdiction where the entity is based.

Here are some brokers in Ireland that offer high leverage  to their clients:

• Pepperstone: Up to 1:500 for a professional account
• FP Markets: Up to 1:500 for a professional account
• JustMarkets: Up to 1:3000
• FXTM: Up to 1:3000

Do Regulated Forex Brokers Offer High Leverage in Ireland?

Yes, regulated forex brokers in Ireland can offer high leverage through their professional accounts or via their offshore entities. Typically, regulated forex brokers offer fixed leverage, such as 1:30 for major currency pairs, as set by authorities like ASIC, CySEC, and the FCA. However, these brokers may offer higher leverage through professional accounts. Additionally, some forex brokers operate offshore entities where they can onboard clients and offer higher leverage. Here are some regulated forex brokers that offer high leverage:

• Pepperstone: 1:500 for a professional account 
• FP Markets: 1:500 for a professional account
• JustMarkets: upto 1:3000
• FXTM: upto 1:3000

Which broker offers the highest leverage in Ireland?

Pepperstone, FBS, JustMarkets, and FXTM are known for providing the highest leverage globally. The leverage offered by these brokers is as follows:

• Pepperstone: 1:500 for a professional account. 
• FBS: Up to 1:3000
• JustMarkets: Up to 1:3000
• FXTM: Up to 1:3000

How to Choose Best High Leverage Forex Brokers in Ireland: A Step-by-Step Guide

To choose the best high-leverage forex brokers, follow these steps:

• Step 1: Write down your requirements and list your priorities and expectations from a high-leverage forex broker in Ireland. Define how much leverage you require (e.g., 1:200, 1:500, 1:1000, or more).
• Step 2: If you don’t have a broker in mind, start with an internet search for “High leverage forex brokers in Ireland” and read user reviews.
• Step 3: Make a list of a few brokers from your research. Then, start checking their websites one by one.
• Step 4: Find out the regulatory authorities and protections offered.
• Step 5: Check the account types available, maximum leverage, payment options, minimum deposit, etc.
• Step 6: Note the trading fees and non-trading fees charged.
• Step 7: Test the trading platform provided and its features.
• Step 8: Take a look at the customer support services.
• Step 9: Review the trading resources provided by the broker.
• Step 10: Compare and make your choice.

Final Verdict:

If you are a trader in Ireland looking for a high-leverage forex broker, you can choose a high-leverage forex broker that is regulated and offers low spread, competitive trading conditions. We have thoroughly reviewed the best high-leverage brokers for traders in Ireland, taking into consideration regulation, available leverage, trading conditions, fees, and customer support. Here are the best high-leverage forex brokers for traders in Ireland:

• Pepperstone: Offers leverage up to 1:500 for Professional Account holders. Well-regulated by FCA, ASIC, CySEC, BaFin, DFSA, CMA, and SCB, known for tight spreads and fast execution.
• FBS: Provides leverage as high as 1:3000, regulated byCysec, ASIC, and FSC-Belize, with a broad range of instruments and educational support.
• JustMarkets: Offers leverage up to 1:3000, regulated byCySEC, FSC- Mauritius, FSA-S, and FSCA, with competitive spreads and access to various markets.
• FXTM: Leverage up to 1:3000, regulated by CySEC, CMA, FCA, FSCA, and FSC-Mauritius, with a focus on customer support and educational tools.
• ThinkMarkets: Provides leverage up to 1:2000, regulated by ASIC, CySEC, FCA, FSA, FSC, NZFMA, DFSA, JFSA, FSCA, and CIMA, with low spreads and fast execution speeds.
• HFM (HF Markets): Offers leverage up to 1:2000, regulated by FCA, DFSA, FSCA, FSA in Seychelles, CMA, and CySEC, with low commissions and strong customer support.
• XM: Offers leverage up to 1:1000, regulated by ASIC, CySEC, DFSA, FSCA, and FSC in Belize (Global), with a wide range of instruments and tight spreads.
• IC Markets: Leverage up to 1:1000, regulated by ASIC, CySEC, and  FSA, offering low spreads and advanced trading platforms like MetaTrader 4 and 5.
• TickMill: Offers leverage up to 1:1000, regulated by FCA, DFSA, FSCA, CySEC, FSA-Labuan, and FSA-S, known for low trading costs and fast execution speeds.
• FP Markets: Provides leverage up to 1:500, regulated by ASIC, CySEC,  FSA, FSCA, and SVG, with a broad range of instruments and competitive spreads.

Each of these brokers offers high-leverage options with a focus on security, competitive spreads, and a variety of trading instruments. Whether you’re seeking leverage as high as 1:3000 or more moderate levels like 1:500, these brokers provide a reliable, regulated environment for your trading needs in Ireland.

Our Methodology:

Our team developed over 170 data points grouped into 6 macro areas for assessing the performance of forex brokers. They are as follows:

• Regulation and Security
• Fees and Commissions
• Trading
• Trading tools
• Customer Support
• Trading Education

Our team collated information from various sources and verified them before assessment and rating. We tested the services offered by the brokers using various devices, software, and strategies. Final fact-checking, evaluation, and editing were done and the best brokers were selected. To find out more, read our methodology.