Registered: May 2012
08-16-12 01:31 AM
Quote from mm2mm:
Are there any brokers that offer 50:1 margin in the US to trade stocks?
I am currently trading forex and I love how easy is to apply for a forex account with 50:1. ( I have oanda)
Since currencies almost never move 2% in one day and many stocks do, 50:1 leverage is never going to happen. PM does provide the highest leverage for customers. To get higher than 6:1 leverage during the day, your account has to be over $5M and the prime Broker has to allow your trading based on risk. With over $5M in a PM account, the brokers don't have to monitor margin during the day, only at the close.