Seeking high leverage is suicidal. The higher the leverage goes, the lower percentage of capital a true trade should utilize in a market with realistic characteristics such as liquidity. We are talking about a constant here. One up the other down. No trick to push it too far. Otherwise everyone knows account killer.
In some special situations, when you really can read the market, it would be wonderful with real high leverage. And tight stops...But is 100:1 the most you can get?
I don't know why people make a big deal about high leverage being a bad thing. What matters is how many lots you trade. I trade one $100k lot for every $10k in trading capital at 100:1 margin. Whether or not that's aggressive compared to most I'm not really sure, but I've never blown out my account.
Sorry, but I can't resist repeating what someone next to me said when they read the title of your thread.. "Why not ask for the biggest toilet to flush your money down" ....lol Just a joke.... Don
I am not encouraging over extending yourself. But one valid argument for higher leverage is for a well capialized trader to keep money in an insured instrument on the sidelines and liquid, while specualting with a small amount of funds in an uninsured environment. Keep in mind if your Forex dealer goes broke you lose your funds...so do not keep a high balance. With the advent of upcoming regulations...many Forex dealers might go by by...... Michael B.