Regulations shut down higher leverage 1:500 on Australia.

Discussion in 'Forex Brokers' started by hanneswas, Jan 30, 2021.

  1. El Trado

    El Trado

    It would probably be harder to trade and make money if the gamblers wouldn’t be able to use as high leverage as they want. That they blow up lets the brokers keep lower spreads for the rest of us
     
    #21     Mar 30, 2021
  2. mlawson71

    mlawson71

    Too high leverage is also not a very good thing either, is it not?
     
    #22     Mar 31, 2021
  3. There are many brokers which provide upto this much leverage like I C M, Fx tm etc. but I would say be cautious with the leverages because they are really a double edged sword. I think you cannot use this much leverage until you are absolutely sure that this trade would be a win. If you lose a trade at this much high leverage, you will be crushed. It should always be kept in mind.
     
    #23     May 22, 2021
  4. You can use offshore licences from certain brokers like ICM and FP Markets. They do provide a max leverage of 500:1 when choosing their offshore licence like St.Vincent for FP Markets.
     
    #24     Oct 14, 2022
  5. Rodri

    Rodri

    Some brokers, including ICM and FP Markets, offer offshore licences that you can use. When using their offshore licence from St. Vincent, they offer a maximum leverage of 500:1 for FP Markets.
     
    #25     Dec 13, 2022