Non ESMA broker with Micro Lots | Page 4 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

How to make lots of money using micro lots 16 replies

Broker with 0.1 Micro-Lots 9 replies

Anyone know any good broker that allows micro lots? 16 replies

Need MT4 Broker that does MICRO Lots 13 replies

Micro mini lots MT4 Broker 2 replies

Non ESMA broker with Micro Lots

  • #61
  • Apr 28, 2019 1:22pm Apr 28, 2019 1:22pm
Quoting turnip15
{quote} Looks like it. Thus the ability to trade Dax at min of 0.10 pence? should be okay for a small account of say £300 to practice live Indices trading in the UK ?
Yeah it's how I started..... So much better as demo... With low risk
  • #62
  • Apr 29, 2019 8:54am Apr 29, 2019 8:54am
If my calculations are correct XM offers ~£0.077/pip on US500Cash (S&P 500) and US100Cash (NASDAQ) and £0.10/pip on UK100Cash (FTSE). I'm only trading the US500Cash (S&P 500) as the spread is relatively a lot lower.

https://www.xm.com/au/equity-indices
  • #63
  • Dec 8, 2019 3:58pm Dec 8, 2019 3:58pm
Anyone got any idea what might happen to trading conditions in the UK if Brexit happens at the end of January 2020? Will the ESMA regulations become irrelevant for UK traders?

Thoughts?
  • #64
  • Dec 9, 2019 3:21pm Dec 9, 2019 3:21pm
that would be one of the good things about brexit , UK out of ESMA jurisdiction
  • #65
  • Dec 12, 2019 4:28am Dec 12, 2019 4:28am
Quoting MXT
that would be one of the good things about brexit , UK out of ESMA jurisdiction
About the only good thing!
  • #66
  • Dec 16, 2019 12:29pm Dec 16, 2019 12:29pm
Quoting MXT
that would be one of the good things about brexit , UK out of ESMA jurisdiction
Actually, I wouldn't hold your breath...

Either Brexit doesn't happen, of even if it does, the FCA probably won't loosen restrictions on leverage for retail traders.
  • #67
  • Dec 16, 2019 1:59pm Dec 16, 2019 1:59pm
Quoting ChilledT
{quote} Actually, I wouldn't hold your breath... Either Brexit doesn't happen, of even if it does, the FCA probably won't loosen restrictions on leverage for retail traders.
yea that would be the unlucky outcome , but should they get enlighened along the way , they would realize they have the opportunity to create a retail FX hub in London by inceasing leverage again
  • #68
  • Dec 18, 2019 4:11am Dec 18, 2019 4:11am
Now that really would be interesting...
  • #69
  • Dec 18, 2019 11:56am Dec 18, 2019 11:56am
Quoting dispersion
{quote} Not a long time option definitely. Australia is likely to introduce limits similar to ESMA soon (we are talking about developed country right?)
are there any current infos about ASIC restrictions? all news are dated in 09/2019, for example Admiral

"Nothing will change for you today or tomorrow. If the regulatory proposal comes into force, you will be informed separately. It is expected that such a regulation could become effective in late Q4-2019 or early Q1-2020."
  • #70
  • Dec 28, 2019 10:22am Dec 28, 2019 10:22am
Quoting diego400
{quote} are there any current infos about ASIC restrictions? all news are dated in 09/2019, for example Admiral "Nothing will change for you today or tomorrow. If the regulatory proposal comes into force, you will be informed separately. It is expected that such a regulation could become effective in late Q4-2019 or early Q1-2020."
I think a lot of ASIC-regulated brokers are giving their clients to option to stay with ASIC or move their accounts to an offshore-based branch of the same broker.
  • #71
  • Jun 19, 2020 3:54pm Jun 19, 2020 3:54pm
I am looking for (”exploring”) brokers that offer high leverage products (CFD) for retail european traders. Like 90% of Europeans, I have moved in 2018 to IC Markets (ASIC/Aussie Commision) after the new ESMA rules.

The imminent changes that will occur in Australia, will limit our opportunities. In simple words, I am looking for a trusted broker (even if it is an offshore), which offer CFD products (leverage up to 1:500) with low latency. Feel free to share your thoughts

Thanks!
  • #72
  • Dec 14, 2020 2:06pm Dec 14, 2020 2:06pm
Quoting Rhesus
I am looking for (”exploring”) brokers that offer high leverage products (CFD) for retail european traders. Like 90% of Europeans, I have moved in 2018 to IC Markets (ASIC/Aussie Commision) after the new ESMA rules. The imminent changes that will occur in Australia, will limit our opportunities. In simple words, I am looking for a trusted broker (even if it is an offshore), which offer CFD products (leverage up to 1:500) with low latency. Feel free to share your thoughts Thanks!
IC Markets have the solution. Go in client area an can move to IC Markets Global Seycheles.
  • #73
  • May 14, 2021 12:56pm May 14, 2021 12:56pm
Sorry to reopen an old thread. I am UK based but I opened an IG account in Switzerland and no ESMA restriction apply.
  • #74
  • Jun 4, 2021 5:32am Jun 4, 2021 5:32am
ASIC-regulated brokers are not really an option for this anymore. First, they don't offer their services to non-Australians anymore, and second, ASIC too restricted leverage to 1:30 for major pairs and even less for everything else.
  • #75
  • Oct 20, 2021 2:03am Oct 20, 2021 2:03am
Some even offer nano lots I suppose, never tried them.
  • #76
  • Last Post: Nov 7, 2021 7:34am Nov 7, 2021 7:34am
For everyone still looking at this, I ended up opening an account with Avatrade. Just need to make sure they open the account under the BVI jurisdiction and then you get 100:1 leverage and also forex OPTIONS (this is huge!!).
0 traders viewing now