Discussion in 'Forex Brokers' started by sunnyskies, Aug 8, 2005.
Whats the highest margin offered by a legitimate broker? Name some names plz.
81 views and no responses?
Do a google search, you would of had your answer already
i did and my findings were inconclusive wise ass, thats why i asked here.
I use cms, margin is 400/1 that means that means that with 25$ you can open a 10 000 $ trade!
The charting platform is great, you can trade directly on the charts, I never had any problem with this broker, I trade with them since one year, between 3 or 5 trade a day, never had problems with stoploss, order execution etc......
there is also fx solution that offers this 400/1 leverage.
Then learn how to use google.
Using it now, and it came highly recommended by a 9 year Forex Trader.
400:1 is for brokers who have a stake in blowing up your account
200:1 is (for the most part) only for mini accounts, but more than most people need
100:1 is what normal brokers will give you
Bottom line, if you are getting pitched 400:1 as a reason to open an account with a firm, its not one you want to deal with.
Isnt there 1:1000 some places?
Tradergod: Dont waste your time trying to persuade a newbie not to use 200+ leverage. They have to see it themselves.
Unless the top 10 traders tell him that lower leverages is what one should use.
Separate names with a comma.