Which Broker is Best for High leverage ?
Oct 21, 2021 at 23:59
In my account only use 1:200, the higher leverage that offers is 1:500, but I see there are so many PAMM trader they like to use leverage 1:100, I just thinking if any trader looking broker with high leverage, they will trade high risk like want to use such trading strategy like as martingale or averaging trading system, because this strategy need make more transaction, high leverage allows them to open orders using smallest margin requirement
Miembro desde Aug 27, 2017
posts 121
Oct 27, 2021 at 17:18
IC Markets is a solid broker. I get 1:500 leverage with them. I think most brokers nowadays offer high leverage but stick to best ones.
Trading is a marathon, not a sprint.
Oct 27, 2021 at 23:10
I don't think choosing leverage 1:1000 is good for a newbie, even it is useless, and harmful account, because high leverage can lead traders to become greedy, over trading and this is not a good way to manage money in the forex trading market, my broker offer leverage to 1:500, but I only choose leverage 1:200, swing trader choose this leverage is enough.
Oct 28, 2021 at 01:25
skihav posted:Forex trading is leverage trading. Where leverage acts as a borrowed source. Which helps to manage very little investment. Therefore, before selecting leverage, it is necessary to create knowledge about that leverage. 1: 500 is the best leverage for me.
I wouldn't dabble in risk at all. It might be too dangerous.
Miembro desde Aug 27, 2017
posts 121
Oct 28, 2021 at 06:07
FXOday posted:Your opinion about whether leverage is good or not is not really for this thread. OP is asking for good brokers with high leverage. That's what you should answer.
I don't think choosing leverage 1:1000 is good for a newbie, even it is useless, and harmful account, because high leverage can lead traders to become greedy, over trading and this is not a good way to manage money in the forex trading market, my broker offer leverage to 1:500, but I only choose leverage 1:200, swing trader choose this leverage is enough.
Trading is a marathon, not a sprint.
Miembro desde Aug 05, 2021
posts 401
Oct 28, 2021 at 17:18
Offshore brokers tend to offer the highest leverage in many cases. I would recommend the broker I use as theirs goes up to 1:500, but they only offer MT4 and I saw you mention that you're interested in MT5.
Miembro desde Jun 17, 2021
posts 46
Nov 03, 2021 at 08:09
I’m using 300x on FinproTrading, though they offer upto 500x.
Miembro desde Apr 09, 2019
posts 538
Nov 03, 2021 at 10:14
If you are looking for brokers that offer more leverage than you are allowed on regulated options then you will have to go offshore at the very least and then depending on your countries laws may even then need to look at unregulated brokers. There are some real gems but also some dreadful ones so do your research. I honestly don't think more than 1:500 is ever needed.
If you can't spot the liquidity then you are the liquidity.
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