I need a broker with higher leverage then 30:1 | Forex Factory

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I need a broker with higher leverage then 30:1

  • #1
  • First Post: Apr 15, 2021 11:40am Apr 15, 2021 11:40am
Hi! I used to use Go Market for trading Forex but for a couple of weeks they dropped leverage to 1:30. I noticed most brokers did the same. Do you know any good broker that did not do this? It has to have a higher leverage - at least 1:100, small size trade, small minimum deposit amount, small spreads, easy deposit and easy withdrawal without fees. Any suggestions? Thank you!
  • #2
  • Apr 15, 2021 6:16pm Apr 15, 2021 6:16pm
Quoting totemg2000
Hi! I used to use Go Market for trading Forex but for a couple of weeks they dropped leverage to 1:30. I noticed most brokers did the same. Do you know any good broker that did not do this? It has to have a higher leverage - at least 1:100, small size trade, small minimum deposit amount, small spreads, easy deposit and easy withdrawal without fees. Any suggestions? Thank you!
Guessing you are in Australia. ASIC recently came out with new rules on leverage restrictions. You can try qualify as a wholesale investor and be exempt from the restrictions. Hit your broker up for more info.
  • #3
  • Apr 16, 2021 7:59am Apr 16, 2021 7:59am
I can't qualify for other type of accoumt. I want to change my broker. Please, anyone can recommend the broker they use that have similar conditions as I mentioned in the first post?
  • #4
  • Apr 24, 2021 5:32am Apr 24, 2021 5:32am
Any and all Australian, UK and European Union brokers are legally oblicated now to keep their leverage at 1:30 and below. If you are looking for a broker with higher leverage you'd have to look for companies licensed in other jurisdictions, but I recommend a lot of caution if dealing with offshore companies, there are a lot of scammers among them.
  • #5
  • Apr 24, 2021 8:34am Apr 24, 2021 8:34am
I would recommended 3 I used and they were top notch.
https://www.tradeviewforex.com/
https://sgtmarkets.com/
https://www.fxpig.com/

I think they have some fees in withdrawal though...I used skrill with them and I don't remember the fees being high.
  • #6
  • Apr 25, 2021 1:50pm Apr 25, 2021 1:50pm
Quoting Redbaron81
I would recommended 3 I used and they were top notch. https://www.tradeviewforex.com/ https://sgtmarkets.com/ https://www.fxpig.com/ I think they have some fees in withdrawal though...I used skrill with them and I don't remember the fees being high.
What speed of execution they offer?
  • #7
  • Apr 29, 2021 10:13am Apr 29, 2021 10:13am
Quoting murcott
{quote} What speed of execution they offer?

within 100 ms
  • #8
  • Apr 30, 2021 12:01am Apr 30, 2021 12:01am
Quoting Saxio
{quote} within 100 ms

Hi,

I definitely recommend trying Gerchik & Co . 393 of instruments to trade, low spreads, fast execution (1ms), 1:100 leverage, starting deposit only from $100. You can trade currency, crypto, indices and CFD on stocks, CFD on RAW materials, CFD on metals.

Definitely need to try!!!

P.S.

In June will start contest , where the first 55 places get a prize of $1000.
  • #9
  • May 4, 2021 5:44am May 4, 2021 5:44am
If you want to find a broker with higher leverage than 1:30 as now, as far as I know, you have to find brokers with poor management.
Sometimes too low leverage can be something we are not very happy about
  • #10
  • Edited 1:07pm May 13, 2021 12:55pm | Edited 1:07pm
alpari
vantage
icmarkets
go markets
fp markets
BD swiss
global prime
think markets
  • #11
  • May 16, 2021 1:29am May 16, 2021 1:29am
Quoting totemg2000
Hi! I used to use Go Market for trading Forex but for a couple of weeks they dropped leverage to 1:30. I noticed most brokers did the same. Do you know any good broker that did not do this? It has to have a higher leverage - at least 1:100, small size trade, small minimum deposit amount, small spreads, easy deposit and easy withdrawal without fees. Any suggestions? Thank you!
You can check Hotforex or Tickmill they offer accounts with high leverage but it isn't possible to do with FCA or ASIC regulated entities.
  • #12
  • May 21, 2021 2:17am May 21, 2021 2:17am
This week I opened an account at VP Markets because it has a leverage of 1:333 on indices. Not sure whether this is a good broker though, they are not very known, but I will post my experience at my own thread about this broker.
  • #13
  • Last Post: May 22, 2021 7:23am May 22, 2021 7:23am
Quoting totemg2000
Hi! I used to use Go Market for trading Forex but for a couple of weeks they dropped leverage to 1:30. I noticed most brokers did the same. Do you know any good broker that did not do this? It has to have a higher leverage - at least 1:100, small size trade, small minimum deposit amount, small spreads, easy deposit and easy withdrawal without fees. Any suggestions? Thank you!
i assume u are looking into trading forex from the US? or looking for an offshore broker? I think US trader are able to trade through lmfx they do offer higher leverages for forex trading. hotforex is a good option for an ooffshore broker but disallow US traders. just do your due diligence and be sure first to get everything verified
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