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I need a broker with higher leverage then 30:1

  • Post #1
  • Quote
  • First Post: Apr 15, 2021 12:40pm Apr 15, 2021 12:40pm
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!
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.
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?
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.
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.
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?
Quoting murcott
{quote} What speed of execution they offer?

within 100 ms
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.
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
  • Post #10
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  • Edited 2:07pm May 13, 2021 1:55pm | Edited 2:07pm
alpari
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go markets
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think markets
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.
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.
  • Post #13
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  • Last Post: May 22, 2021 8:23am May 22, 2021 8:23am
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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