You trade 1:5? Why not just increase leverage on smaller amount and move the rest to an account with some investor protection? You could even park it in some dividend? Not sure where you are. But here in the US it is my understanding that fx, futures, and option trading accounts are not covered by SIPC. Peace
I have an account with IB, they are covered by SIPC, although fx is not. I don't just trade fx; I was merely making a point that 1:50 leverage is too much. I trade mainly stocks and some FX and futures. I don't stay up at night worrying that IB will collapse under while I have a position open in FX.
Its better to practice first in demo account and spent three to four month in demo account to properly learn basics and after getting proper results go for live trading account.