Brokers with high leverage excl. Esma and Asic | Forex Factory

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Brokers with high leverage excl. Esma and Asic

  • #1
  • First Post: Sep 21, 2019 3:48am Sep 21, 2019 3:48am
Hi,

we now got the confirmation, that Asic regulated brokers will reduce their leverage to 1:20.
Esma already reduced the leverage to 1:30 some time ago.
So, for people like me the big question is: Are there any reliable brokers outside this regulators, that have a higher leverage and are still trustworthy?!

Opening an account with a broker on the Seychelles or in the Caribbean seems a little questionable...

Do you have any recommendations?! - Asking because some EAs sometimes need a high leverage, not because I myself am trading with it.

Thanks
  • #2
  • Sep 22, 2019 8:29am Sep 22, 2019 8:29am
Quoting Fx-Gamer
Hi, we now got the confirmation, that Asic regulated brokers will reduce their leverage to 1:20. Esma already reduced the leverage to 1:30 some time ago. So, for people like me the big question is: Are there any reliable brokers outside this regulators, that have a higher leverage and are still trustworthy?! Opening an account with a broker on the Seychelles or in the Caribbean seems a little questionable... Do you have any recommendations?! - Asking because some EAs sometimes need a high leverage, not because I myself am trading with it. Thanks...
Some large and reputable brokers, like IC Markets, are now offering regulation by ASIC and The Seychelles FSA. That's one way around the reduced leverage...

Here's what their website says:
https://www.icmarkets.com/sc/en/company/regulation (http://bit.ly/2lZ0M53)
  • #3
  • Last Post: Sep 23, 2019 6:04am Sep 23, 2019 6:04am
Quoting HairyHarley
{quote} Some large and reputable brokers, like IC Markets, are now offering regulation by ASIC and The Seychelles FSA. That's one way around the reduced leverage... Here's what their website says: https://www.icmarkets.com/sc/en/company/regulation (http://bit.ly/2lZ0M53)
Thanks very much, I am with IC, hope they can remain as my broker.
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