Hi.
Something got me wondering about Pepperstone, why is their leverage extremely high when it comes to being an ECN broker (as they claim)? Or is it because they are based in Melbourne while ASIC don't care about the leverage? And is that why they don't accept many clients from many countries (including Canada)?
Should I trust this broker offering this high leverage? I need your opinions, please, traders.
Something got me wondering about Pepperstone, why is their leverage extremely high when it comes to being an ECN broker (as they claim)? Or is it because they are based in Melbourne while ASIC don't care about the leverage? And is that why they don't accept many clients from many countries (including Canada)?
Should I trust this broker offering this high leverage? I need your opinions, please, traders.