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Any 500 to 1 leverage brokers left?
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Mar 03, 2021 at 17:28
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bax699 posted:
Theres a good number of 1:500 brokers left
Yes, but for instance, FxPro now is 200:1, ICMarkets, on the australian regulation went from 500:1 to 30:1. So I wonder, which regulated forex brokers with 500:1 are out there? With a good service
F*** it we ball!
Mar 04, 2021 at 07:48
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master800ve posted:bax699 posted:
Theres a good number of 1:500 brokers left
Yes, but for instance, FxPro now is 200:1, ICMarkets, on the australian regulation went from 500:1 to 30:1. So I wonder, which regulated forex brokers with 500:1 are out there? With a good service
At ICMarkets they offer the option for non-residents in Australia to have their accounts moved under ICMarkets Seychelles or ICMarkets Global, where leverage is still 1:500
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Feb 02, 2022 at 07:52
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I use brokers with 500:1 leverage mainly CedarFX atm. I used to have the idea that regulated was a must but i dont anymore. The truth is these unregulated brokers like CedarFX, ICM Seychelles and others are making a lot of money as a broker themselves. Times have changed and there are so many retail traders that cant use a 30:1 leverage broker as dont have the capital. There is such a demand for these brokers they are just as reliable as regulated imo
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Feb 02, 2022 at 17:46
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It can be difficult to find if you only look at regulated brokers, but there are options as far as unregulated brokers go. I know LonghornFX goes up to 1:500 and has a lot of crypto options, but can't think of any others off the top of my head at the moment.
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