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Looking brokers for Europeans with leverage more than 1:30 10 replies

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Looking for low leverage brokers

  • Post #1
  • Quote
  • First Post: Oct 30, 2012 2:53pm Oct 30, 2012 2:53pm
Hey Guys.

I am looking for a broker that offers low leverage? Surprisingly to me that it seems hard to find, seeing that all you here is watch you're risk blah blah blah :/ Anyway looking for a broker that offers as low as 2:1 but around 10:1 is better than anything my search results show up

Any help would be greatly appreciated

Oh and the thought of just ringing whatever brokers I like the look of and ask them. Actually I will most def ring around in the next couple of days.
Even If It Is A Minority Of One, The Truth Is Still The Truth!!!
err.. are you asking because you want the broker to restrict your leverage? (like, protect you from using higher leverage if it was available?)

Since any broker that offers, say 100:1, technically deals to you on any leverage level below that.

If your account balance is $1k, open a mini lot ($10k notional value) and that's 10:1 leverage right there. If you don't want more leverage than that, just don't open any additional exposure.

Some brokers will let you change the hard leverage limit on your account to a any value you'd like to restrict the account from holding exposure beyond a given point of leverage... Oanda does this, Pepperstone does this, most others do this...
FXGears.com
Quoting Jack_Larkin
err.. are you asking because you want the broker to restrict your leverage? (like, protect you from using higher leverage if it was available?)

Since any broker that offers, say 100:1, technically deals to you on any leverage level below that.

If your account balance is $1k, open a mini lot ($10k notional value) and that's 10:1 leverage right there. If you don't want more leverage than that, just don't open any additional exposure.

Some brokers will let you change the hard leverage limit on your account to a any value you'd like to restrict...

I have traded (if I can call it that lol) with a few and IBFX or FXCM would have to be my most liked. I know I can figure out my true lev n all that, but more curious. But thx for your thoughts.
Even If It Is A Minority Of One, The Truth Is Still The Truth!!!
But does make me wonder why if I type in high leverage I'll find hundreds of brokers promoting the poison of high leverage keeping in mind high leverage is what I have learnt is the biggest killer of retail traders accounts n yet they purposley create an illusion that 1:100 is normal then if I type in low leverage I get nothing. You know... what we should be trading. Ahhh oh how clear it is that the rich rule lol.

And this brings the debate over what is the realistic $ amount needed to start? My experience is 10-30k isn't enough I would say 50k would be close.
Even If It Is A Minority Of One, The Truth Is Still The Truth!!!
They offer 10:1 leverage account.

Has cons too:
Android system: doesn't allow to modify the TP/SL
iPhone: buggy with the new order, doesn't care the order expiration ( somebody wiped an account in that way once)

Or you will use they native platform, or MT4 or Teamviewer to desktop versions from mobile or live with bugs.

need 1000 pip for margin call, with 1:10 leverage, with 1:100 you are hitten at 100 pip.

Not sure if I want to trade the EUR/USD 1000 pip SL
I want to buy PATIENCE
Most any broker will allow you lower leverage than what they offer in maximum leverage, just request it.

I suppose there's no advertisement of low leverage for two reasons:
1) It's not often requested.
2) All the client needs to do is to request it.
Most brokers will let you electively choose a lower leverage than what they offer by default. A couple detail it on their site, the rest I'm sure you could ask and would do it for you.

FxPro (http://www.fxpro.com/help/changing-leverage) ,
Alpari (http://www.alpari.co.uk/en/manage-account/leverage.html)
FXCC (http://www.fxcc.com/margin)

And I know from personal experience FXDD will lower it down to 1:1 if you ask them.
Quoting LEXngton
Most any broker will allow you lower leverage than what they offer in maximum leverage, just request it.

I suppose there's no advertisement of low leverage for two reasons:
1) It's not often requested.
2) All the client needs to do is to request it.
Thx. So basically my first thought was on the right track was just to ring them n demand whatever I want or no bizzo, not like I am opening a small account. So buck em give me what I want or my money doesn't go into their books lol
Even If It Is A Minority Of One, The Truth Is Still The Truth!!!
Quoting Forex2k10
Most brokers will let you electively choose a lower leverage than what they offer by default. A couple detail it on their site, the rest I'm sure you could ask and would do it for you.

FxPro (http://www.fxpro.com/help/changing-leverage) ,
Alpari (http://www.alpari.co.uk/en/manage-account/leverage.html)
FXCC (http://www.fxcc.com/margin)

And I know from personal experience FXDD will lower it down to 1:1 if you ask them.

Thx heaps bro I knew I would get answers here.
Even If It Is A Minority Of One, The Truth Is Still The Truth!!!
  • Post #10
  • Quote
  • Last Post: Oct 30, 2012 5:42pm Oct 30, 2012 5:42pm
Quoting matheszabi
They offer 10:1 leverage account.

Has cons too:
Android system: doesn't allow to modify the TP/SL
iPhone: buggy with the new order, doesn't care the order expiration ( somebody wiped an account in that way once)

Or you will use they native platform, or MT4 or Teamviewer to desktop versions from mobile or live with bugs.

need 1000 pip for margin call, with 1:10 leverage, with 1:100 you are hitten at 100 pip.

Not sure if I want to trade the EUR/USD 1000 pip SL
Yeah I didn't really like odonda. Tried them out on demo some 7 yrs ago and didn't like the platform but perhaps I will give it a look at again has been some time.
Even If It Is A Minority Of One, The Truth Is Still The Truth!!!
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