This is in accordance to your account type, however the maximum leverage currently provided for FBS members is 1:3000.
As with all other aspects, FBS is flexible in allowing for such leverage to larger account types on a bespoke solution. As such kindly check with your Account Manager on a solution for you.
How big is 1:3000 leverage?
For traders who are having trouble understanding the scale of this high leverage. Please refer to the below.
FBS offers up to 1:3000, the normal average leverage among many online Forex brokers are around 1:400. (for your information, 1:3000 is the highest in the world in 2019)
In case you are using the highest leverage offered by FBS(1:3000), and place a order of 0.01 lot, then you will be required less than a dollars as the required margin.
Meaning that you can start trading with only a few dollars with FBS, if you like.
But please remember that, you need to also take margin level into consideration when you trade, and you are always recommended to have enough account balance to support your open positions.
Lesser the account balance is, more vulnerable to market volatility.
To support your trading, FBS has online calculator in the Official Website which you can use to calculate margins, trading volume and other numbers instantly.
Alternatively, you can open an Demo account to try out FBS’s trading conditions with risk-free.