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Broker for USA Trader with 1:500 leverage and MT4 Platform

  • Post #1
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  • First Post: Apr 25, 2024 1:14pm Apr 25, 2024 1:14pm
Can anyone recommend a Broker for USA Trader that offers 1:500 leverage, MT4 platform, Easy funding and withdrawing avoiding Crypyo and excess fees by third party Crypto Exchanges. Must be Secure, reliable, quality customer service, regulated, etc... Or I would settle for any Broker that at least offers 1:500 leverage and MT4 trading platform. I currently use Coinexx and like them overall... EXCEPT, must fund with Crypto (BTC) and the excess fees with funding and withdrawing via Crypto suck! Also, just funded BTC this week and it took 48 hours to get through the Blockchain. I would much prefer being able to fund via Visa, Skrill, etc, thereby avoiding the crypto route and excess fees eating away at my funding and withdrawing amounts.
Quoting BudFoxxx
1:500 leverage
Quoting BudFoxxx
Must be Secure, reliable, quality customer service, regulated
Seriously?!

Here for 7 years but you don’t realise that 1:500 and “regulated” are - by definition - mutually exclusive?

No real regulator allows leverage anything like that. Only fake/pretend regulators who are paid for by the companies they “regulate” but have no power, and can’t help the customers at all.

This is why you see so many scammy “brokers” claiming to be “regulated in Vanuatu” or the Seychelles or some Caribbean island. It means “unregulated”.
Yeah, for US traders looking for high leverage, you need to use an offshore broker and there are literally only a handful that still accept clients from the US.
LQDFX used to be a very solid and trustworthy one that was around for many years but then got taken over by a new entity, PlexyTrade. All of LQDF's existing clients got migrated over in the change. PlexyTrade also accept US clients and look to have a very solid offering.
Quoting JoBlo
PlexyTrade also accept US clients and look to have a very solid offering.
Strange, then, that the people compiling that huge "Going offshore to avoid the CFTC" thread at Babypips have just come to the exact opposite conclusion and finally removed LQD/Plexy from their safe list?
Quoting Quickly
finally removed LQD/Plexy from their safe list?

Lol, they didn’t mind LQDFX (weirdly enough!): it’s only Plexy they don’t consider safe, or whatever (they’re actually right about that, though, for sure).
Quoting BudFoxxx
Can anyone recommend a Broker for USA Trader that offers 1:500 leverage, MT4 platform, Easy funding and withdrawing avoiding Crypyo and excess fees by third party Crypto Exchanges. Must be Secure, reliable, quality customer service, regulated, etc... Or I would settle for any Broker that at least offers 1:500 leverage and MT4 trading platform. I currently use Coinexx and like them overall... EXCEPT, must fund with Crypto (BTC) and the excess fees with funding and withdrawing via Crypto suck! Also, just funded BTC this week and it took 48 hours to...
Take a look at Tradersway. Traded with them for few years now and no issues. Do your own Due Diligence.
All the best
Quoting BudFoxxx
Can anyone recommend a Broker for USA Trader that offers 1:500 leverage, MT4 platform, Easy funding and withdrawing avoiding Crypyo and excess fees by third party Crypto Exchanges. Must be Secure, reliable, quality customer service, regulated, etc... Or I would settle for any Broker that at least offers 1:500 leverage and MT4 trading platform. I currently use Coinexx and like them overall... EXCEPT, must fund with Crypto (BTC) and the excess fees with funding and withdrawing via Crypto suck! Also, just funded BTC this week and it took 48 hours to...
I'm in the same boat. I've heard good things about Ox Securities, although they had a PAMM that recently blew up tons of investors accounts, and those investors are apparently leaving bad reviews even though it's not Ox's fault. Apparently these regulated Autralian brokers deal with US Citizens without hassle and offer high leverage.
Quoting BudFoxxx
Can anyone recommend a Broker for USA Trader that offers 1:500 leverage, MT4 platform, Easy funding and withdrawing avoiding Crypyo and excess fees by third party Crypto Exchanges. Must be Secure, reliable, quality customer service, regulated, etc... Or I would settle for any Broker that at least offers 1:500 leverage and MT4 trading platform. I currently use Coinexx and like them overall... EXCEPT, must fund with Crypto (BTC) and the excess fees with funding and withdrawing via Crypto suck! Also, just funded BTC this week and it took 48 hours to...
It sounds like you're looking for a broker that fits quite specific needs. Here are a few options that might work for you:

  1. OANDA

    1. Leverage: Up to 1:50, which is lower than what you want, but worth considering.
    2. Platform: Offers MT4.
    3. Funding/Withdrawing: Accepts bank transfers, credit cards, and PayPal, avoiding crypto hassles.
    4. Regulation: Well-regulated in the U.S.
    5. Customer Service: Generally good reputation for support.

  2. IG

    1. Leverage: Up to 1:50 for forex.
    2. Platform: MT4 is available.
    3. Funding/Withdrawing: Accepts various methods, including credit cards and bank transfers.
    4. Regulation: Highly regulated and reliable.
    5. Customer Service: Solid support options.

  3. Forex.com

    1. Leverage: Up to 1:50.
    2. Platform: Offers its own platform, but MT4 is also available.
    3. Funding/Withdrawing: Supports bank transfers and credit cards.
    4. Regulation: Strong regulatory standing in the U.S.
    5. Customer Service: Decent support available.

Unfortunately, brokers offering 1:500 leverage in the U.S. are very limited due to regulations, so you may need to adjust your expectations on that front. It’s essential to check user reviews and possibly open demo accounts to see how they operate before committing.

  • Post #9
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  • Last Post: Oct 27, 2024 11:44am Oct 27, 2024 11:44am
Quoting brockssn
Apparently these regulated Autralian brokers deal with US Citizens without hassle and offer high leverage.

You’re the only person/bot to whom that’s “apparent”. It’s apparent to nobody else, mostly because it isn’t true. Obviously.
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