Australian brokers ICMarkets recently increased its leverage up to 1:100 for retail and institutional clients to access the forex market more comfortably.

ASIC-regulated broker ICMarkets is on a mission to create the best trading experience for clients so that they can focus more on making profits without distractions. That's why the company offers superior spreads, execution and services built by traders themselves.

The hybrid broker trading environment offers the most aggressive prices and flexible trading conditions, which is ideal for traders who demand the best execution quality and lowest spreads. ICMarkets has low forex fees. The account opening process is easy and fasts while depositing and withdrawals are free and user-friendly.

Plus, recently, ICMarkets provided leverage of up to 1:1000 to pave the way into the forex market for retail traders even more. Clients only need a small initial outlay (margin) through this high leverage. However, it should be realized that using leverage in addition to increasing profits can also magnify losses.

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Pros of High Leverage

High leverage allows you to maximize profits, regardless of the instrument sold or the amount risked. For forex traders, it is important to remember that high leverage can mask periods of low volatility. When volatility is low, it can be difficult to make a profit, but high leverage can help by allowing more money to be made on fewer trades.