If you are looking for prop firms with high leverage, then we have got you covered. In this article you will find our top high leverage prop firms based on comprehensive reviews and ratings.
Leverage in trading basically allows you to trade a larger position size than you would otherwise be able to without it. This makes prop firms with high leverage an interesting proposition for aspiring prop traders who want the potential to make as much profit as possible using their successful trading strategies. After all, it is not your funds you will be risking and prop firms should cover any losses.
It is important to note that whilst leverage allows you to trade with a larger position size and target greater profits, it also substantially increases the risk. Therefore, if you do plan on trading with high leverage using a prop firm, make sure you stick to their trading rules and conditions.
Most high leverage prop firms will have a maximum drawdown and maximum loss limit that you need to adhere to, otherwise you risk failing the trader challenge and losing your funded account.
Leverage Example
If you were trading 1:1 without leverage, you would only be able to place a position size which is the equivalent to your account size. If you had a funded account size of $1,000, your maximum market exposure would be $1,000 at any time.
However, if you had an account balance of $1,000 and a high leverage prop firm with 1:100 leverage, you could effetely take a position size one hundred times greater. In this instance, that would be $100,000 because $1,000 x 100 = $100,000.
The Funded Trader is a popular prop trading firm where aspiring traders can potentially unlock up to $600k accounts to become professional traders and earn a 90% share of the profits.
E8 Funding give you the funds and take the risk for you to trade. They have a simple 2-phase evaluation process which gives you access to manage up to $1,000,000 in trading funds and an 80% profit share once complete.
OspreyFX is an ECN trading broker that provides a funded account up to $200,000 with a 70% profit share to the trader if they can complete the demo and verification stages of the trading challenge.
ThorFX is a trading brokerage that also provides real funding up to $200,000 with an 80% profit share for traders who can pass the 2-stage evaluation challenge.
You can trade forex with high leverage up to 1:200 with The Funded Trader. You can trade on both the MetaTrader 4 and MetaTrader 5 platforms and they have a good variety of trading challenges to choose from. They use Eightcap as their partner broker, who are a leading trading broker with hundreds of financial instruments and excellent trading conditions including tight spreads, low commission fees and quick trade execution speeds.
Pros
Maximum balance of standard accounts up to $600,000
Scaling plan with balance up to $1,500,000
Arranges exciting events, rewards and competitions
E8 Funding offer forex trading accounts with high leverage up to 1:100. You can trade on either the MT4 or MT5 platforms with no restrictions on your trading strategies. Through the E8 MT4 Server, which they only use to collaborate with Tier-1 institutions, you may get minimal spreads with a competitive commission and reliable execution speeds.
Pros
Unlimited evaluation free retries
Instant account access
Attractive and innovative trader dashboard
Forex leverage of up to 1:100
Max capital allocation on the E8 account from 250k to 600k
Funded account balance up to $1,000,000 with scaling
OspreyFX is a broker and prop firm all in one. They let you trade forex, stocks, indices, commodities and cryptocurrency. The leverage goes up to 1:100 whilst they have forex spreads that start from just 0.1 pips and charge a small commission fee. You can get your trading challenge fee refunded along with a free bonus if you pass.
Pros
Profit share of 70%
Funded account up to $200,000
Both MetaTrader 4/5 platforms
Trade forex, stocks, indices, commodities and cryptocurrency
Majority of trading strategies are allowed
Overnight and weekend holding allowed
Expert advisors (EAs) and news trading allowed
Tight spreads from 0.1 pips and competitive commission charges
Leverage of up to 1:100
Prop trading firm and brokerage firm all in one
Weekly payouts once funded
Achievable targets of 10% for Demo Stage in 30 days and 8% for Verification in 60 days
Refundable fee and $1,000 bonus with a funded account
ThorFX are also a trading broker and proprietary firm in one. They are another high leverage prop firm with 1:100 leverage available on over 145+ financial instruments. You can trade forex with spreads from 0.1 pips on the MetaTrader 4/5 platforms.
Pros
Profit share of 80%
Maximum loss 15%
Weekly payouts
Trade 145+ financial instruments
1:100 leverage
Expert advisors (EAs) allowed
Handy trader dashboard
No profit targets once funded
Allow most trading strategies
Refundable fee
News trading, overnight and weekend holding allowed
A prop firm with high leverage can be a great solution for confident and talented traders who have a proven track record of success using high-risk trading strategies. They increase the potential profit that a trader can make, whilst prop traders should be protected from the risk.
However, this does mean that high leverage prop firms can be harder to come by. They will also have strict rules and conditions that you need to stick to which can have a limiting impact on the trading strategies that you can use.
After all, just because a prop firm has high leverage, it does not mean they want you to use dangerous money management. They are looking for consistent traders who can make profits with sensible risk over the long term.
ProprietaryFirms.com is a website dedicated to reviewing prop trading firms. With an increasing demand of aspiring traders who are looking to get a funded account, there are more and more prop trading firms popping up nowadays. We can help traders to find the prop firms that meet their needs.