Forex broker which meets 3 criterias ...

Discussion in 'Forex Brokers' started by Sunshine4ever, Feb 29, 2008.

  1. Hi

    Does anybody know of a forex broker who gives the following:

    1. low spreads on USDJPY, EURJPY, NZDUSD, AUDUSD, GBPJpY
    2. high leverage
    3. rollover time different than 5 pm ET

    I've been searching for a while, and although I found brokers that provide 1 & 3, the leverage was very low.

    Thanks for help!!!

    PS: preferably US or UK brokers ..
  2. When you say "high leverage", what are you talking about?
  3. more than 100 to 1 :D
  4. if you can't make money on 5:1, 10:1 or even 50:1 you won't be able to make money on 100:1.
  5. thanks for your valuable input ... but it doesn't answer my question ...
  6. Most of the market makers who offer that kind of (insane) margin are true bucket shops. Almost no one lasts for long under that type of swing. However, if you're hell bent on running down that hill, I suggest you look into the NFA capital requirement thread at the top of this forum and pick from some of the companies listed in the document the CFA provides and simply check them out.

    I'd start with the poorly capitalized firms, as they're more likely to do it.

    I wish you good luck. You're going to need it.
  7. What has your own research uncovered so far?
  8. What has your own research uncovered so far? [/QUOTE]

    So far I looked into

    Deutche bank
    Forex Club
    Saxo Bank
    Man Financial

  9. It's law that you have 1% of your trade value in cash in your portfolio so I doubt someone is going to provide you with greater than 100:1 leverage.
  10. sim03


    There is no such "law."
    #10     Feb 29, 2008