Yes, it is possible to use IBKR strictly for Leverage FX trading. Be sure to request Leverage Forex trading permissions when setting up your Interactive Brokers account.
Please Note
- US Clients with IBLLC accounts and Fully Disclosed Broker Clients from the US generally must be Eligible Contract Participants to be eligible to trade Leverage Forex.
- An Eligible Contract Participant is generally an individual or organization with assets of over USD 10 MM (or USD 5 MM if trades are hedging). The complete definition is located in Section 1a(18) of the Commodity Exchange Act. For more information about the Commodity Exchange Act, see the U.S. Commodity Futures Trading Commission website, or read the complete definition here.