In the UK, the highest leverage forex broker for retail clients is legally limited to 1:30 under the Financial Conduct Authority (FCA). However, traders who qualify as professional clients can access much higher leverage — often up to 1:500 — depending on the broker’s risk assessment and classification rules.
This guide explores the highest leverage options available to both retail and professional traders in the UK, while remaining compliant with FCA regulations.
FCA Leverage Rules for UK Forex Traders
Retail Client Leverage Caps
- 1:30 on major currency pairs
- 1:20 on minors, gold
- 1:10 on indices, commodities
- 1:2 on crypto CFDs
Professional Clients Can Access:
- Up to 1:500 leverage
- No negative balance protection
- No FSCS claims
- Must meet 2 of 3 FCA criteria (explained below)
FCA Professional Client Criteria
You must meet 2 out of 3:
- Trading Volume: At least 10 significant trades per quarter over the last year
- Portfolio Size: Over €500,000 in financial instruments
- Experience: At least one year in a professional financial role
Best High Leverage Forex Brokers in the UK (2025)
1. Pepperstone UK – Up to 1:500 (Pro), 1:30 (Retail)
- FCA Licence: FRN 684312
- Platform: MT4, MT5, cTrader, TradingView
- Leverage: 1:30 retail, 1:500 professional
- Spreads: From 0.0 pips (Razor account)
- Best For: Experienced traders seeking ultra-tight ECN spreads
2. Intertrader – Up to 1:200 (Pro), 1:30 (Retail)
- FCA Licence: FRN 597312
- Platform: MT4, WebTrader
- Leverage: 1:30 retail, 1:200 professional
- Spreads: Fixed from 0.6 pips
- Best For: UK-based pro traders who prefer tax-free spread betting
3. Markets.com UK – Up to 1:300 (Pro), 1:30 (Retail)
- FCA Licence: FRN 509562
- Platform: Marketsx, MT4, MT5
- Leverage: 1:30 retail, up to 1:300 pro
- Spreads: From 0.6 pips
- Best For: Multi-asset traders with pro status
4. IG Markets – Up to 1:222 (Pro), 1:30 (Retail)
- FCA Licence: FRN 195355
- Platform: IG platform, MT4
- Leverage: 1:30 retail, up to 1:222 pro
- Spreads: From 0.6 pips
- Best For: Institutional-style execution and macro research
5. CMC Markets – Up to 1:200 (Pro), 1:30 (Retail)
- FCA Licence: FRN 173730
- Platform: Next Generation, MT4
- Leverage: 1:30 retail, 1:200 pro
- Spreads: From 0.7 pips
- Best For: Advanced traders in the UK looking for low latency and charting tools
Broker Comparison Table
Broker | FCA Regulated | Retail Leverage | Pro Leverage | Best For |
---|---|---|---|---|
Pepperstone UK | ✅ | 1:30 | 1:500 | ECN spreads, scalping, EAs |
Intertrader | ✅ | 1:30 | 1:200 | Spread betting with FCA safety |
Markets.com | ✅ | 1:30 | 1:300 | CFD trading, pro user tools |
IG Markets | ✅ | 1:30 | 1:222 | Institutional-grade access |
CMC Markets | ✅ | 1:30 | 1:200 | Advanced charting, global assets |
How to Apply for a Professional Account (UK)
- Complete your broker’s Pro Client Application
- Submit proof of trading history or professional experience
- Provide portfolio documentation (bank/broker statements)
- Acknowledge loss of retail protections
- If approved, you’ll gain access to higher leverage tiers
Important Considerations
- Retail traders are legally restricted to 1:30
- To go higher, you must qualify and be reclassified
- Professional traders lose FSCS protection and negative balance protection
- High leverage increases risk of rapid loss — use stop-loss tools and strong risk management
Key Takeaways
- FCA brokers offer up to 1:30 leverage for retail and up to 1:500 for professional clients
- Pepperstone UK provides the highest leverage (1:500) for qualified pro traders
- Intertrader and Markets.com also support pro leverage up to 1:200–1:300
- Applying for pro status requires financial experience or portfolio documentation
- Always understand the risks of high leverage before upgrading your account
Frequently Asked Questions
What is the maximum leverage allowed in the UK?
Retail traders are capped at 1:30. Professional clients can access up to 1:500, depending on the broker.
How can I qualify for high leverage in the UK?
You must apply for professional classification and meet at least 2 of the FCA’s 3 eligibility criteria.
Which UK forex broker offers 1:500 leverage?
Pepperstone UK offers up to 1:500 leverage for professional clients.
Is it safe to use high leverage?
Only if you have strong risk management. High leverage magnifies both gains and losses.
Do I lose protection if I become a pro client?
Yes. Professional accounts do not have FSCS protection or negative balance protection.
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