How hard would it be to get this leverage?

Discussion in 'Forex Brokers' started by dunitlongpole, Aug 29, 2007.

  1. How hard would it be to get 400:1 leverage on a $1,000,000 trade?

    I know it is incredibly stupid to use that much leverage, so please, no lectures. I just told a friend it could be done, and he doesn't believe me...

  2. you wake up yet buddy?
  3. Brandonf

    Brandonf ET Sponsor

    It could, can and has been done.
  4. Cybren


    Do you mean 1:400 on a deposit of 1 mio, or just 1:400 on a 1 mio trade (so for example 10 lots USD/JPY).

    Both is possible, but last is easy.
  5. asap


    just google it "FX 400:1"

    lots of entertainment there.


  6. sim03


    Care to elaborate? As in dealer name.

    I say, no chance in hell, in a single transaction. Only some forex market makers offer 400:1... and a couple lovely Swiss gems 500:1. No MM I know of allows trade size more than 10, 20 Mio, tops.

    Some ECNs offer liquidity in some pairs a lot more than that... but good luck getting anything above 100:1, at best.
  7. forex162


    I'm assuming he means 400:1 on margin of 1 mil, which would make for a 400 mil position.

    Not happening. I'm sure you can get 400:1 on margin of 500 dollars, but 400:1 on 1 mil is unheard of.
  8. misha7




    no retail market maker would be able to give you 400:1 on one trade of a million, which would mean opening a 400 million position,,, the most I have heard of at a broker, even through a phone is 60 million, and that's at 100:1,,, not sure about ECN's though.
  10. would 400:1 on $50,000 be more realistic?
    #10     Aug 29, 2007