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Forex brokers offering high leverage allow traders to control larger positions with a smaller amount of capital, which can potentially amplify profits. However, high leverage also increases the risk of significant losses. Some brokers that are well-known for providing high leverage include IC Markets, which offers leverage up to 1:500, giving traders the ability to take on larger positions with relatively small margins. Another notable broker is XM, offering leverage of up to 1:888, which is among the highest in the industry. OANDA and FXTM als