Canadian Traders

GT11101
GT11101
May 15, 2018 at 12:20
344 Views
5 Replies
GT11101
GT11101
Member Since May 10, 2017   1 posts
May 15, 2018 at 12:20
Hi,

I am looking for a new broker that is reliable, with high leverage and accepts canadian clients.

Thanks,

G
Message
AniLorak
AniLorak
Member Since Apr 18, 2017   920 posts
May 16, 2018 at 11:06
Don’t go for new broker, because more than 60% new brokers close their service within 1st 3 years! Really horrible.
Message
AmDiab
AmDiab
Member Since Apr 18, 2017   718 posts
May 16, 2018 at 13:35
I really agree with you @Ani; new brokers are risky since they don’t have enough reputations.
Message
Kiara
Kiara
Member Since May 15, 2018   5 posts
May 16, 2018 at 13:35
I am with USGFX. It is an Australian broker regulated by ASIC, very reliable and with great customer support. The leverage is up to 1:500.
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AniLorak
AniLorak
Member Since Apr 18, 2017   920 posts
May 21, 2018 at 06:37
Kiara posted:
 The leverage is up to 1:500.

So, you are trading with 1:500? Or you are using a decent trading leverage?
Message
Kiara
Kiara
Member Since May 15, 2018   5 posts
May 21, 2018 at 07:33
That depends on each trader's strategy and their capital. I mean you can choose 1:100, 1:200, 1:400 or 1:500.
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HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.