Any legit 1000:1+ leverage brokers?

I'll second that, if you are planning to try high leverages, do it with a small account. As for newbies, stick with the low leverages until you are better experienced at trading..

Been researching more into FxGlory and Traders way to try an give an insight as to why I choose TradersWay as a first choice over the alternatives. Afterthought - FxGlory may have the upper hand except on a couple points over all payment processor, pip and leverage distribution levels are what I'd consider most important factors.

Every Company offering super high leverage is generally targeted to small balance retail traders. Which means they will not offer 1000:1 to someone with $20,000. Anyways the point is the leverage they offer is conditioned in levels of margin.

Potential Earnings Table

Starting Balance $100------------------Risk 20 pip(50%)---------- TP 40 pip

$$$-----------------# Lots------------Leverage
0. $100
1. $200-----------------0.25----------------1000:1
2. $400-----------------0.5-----------------1000:1
3. $600-----------------0.5-----------------1000:1
4. $1,000----------------1------------------1000:1
5. $1,400----------------1-------------------500:1
6. $2,100----------------2-------------------500:1
7. $3,700----------------4-------------------500:1
8. $5,300----------------4-------------------500:1
9. $8,500----------------8-------------------200:1
10. $11,700-------------8-------------------200:1

Total - $100 to $11,700 with only ten trades netting 400 pips for a risk to reward ratio of 1:117! That's right make it to number 10 1 out of 117 times and you'll brake even. Remember it isn't necessary to win 10 times in a row! 10 losses could occur (not in a row obviously) over the course of reaching #10. Maybe this doesn't sound so crazy anymore?

Kayla the trader says "I only want $1,000 $11,700 is to much!" well Kayla here are the stats

$100 to $1,000 with only 4 trades netting 160 pips for a risk to reward of 1:10. Surely it is possible to win 4 trades netting 40 pips each?

The above chart is according to Traders Way leverage table posted further down the page. Note - Sure you will have losses and those losses will be roughly 33-50%. The good news is every winner should be 60% to 100% or more. This chart could also be scaled down to represent any %Risk such as 25% or 10% all fairly high risk/reward situations considering most traders opt for 1-5% risk.

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Comparison of two 1000:1+ brokers

Been researching a bit more into FxGlory and Traders way to try an give some sort of insight as to why I choose TradersWay as a first choice over the alternatives.

Every Company offering super high leverage is generally targeted to small balance retail traders. Which means they will not offer 1000:1 to someone with $20,000. Anyways the point is the leverage they offer is conditioned in levels of margin or balance.

Lets compare Leverage vs Margin

Traders way -

balance lower than 1000
1:1000

balance from 1001 to 5,000
1:500

balance from 5,001 to 10,000
1:200

balance from 10,001
1:100


FxGlory -

Equity, USD Maximum leverage
$1-999
1:3000

$1000-1999
1:2000

$2000-2999
1:1000

$3000-4999
1:500

$5000-9999
1:400

$10000-29999
1:200

Above $30000
1:100

Fairly similar to TW except they have more leverage retargeting levels (7). Remember this change will happen automatically when a trade is open. Potentially reducing profits to some extent by increasing used margin if the trade isn't automatically closed.

Right off the bat we notice FxGlory offers more leverage on respective level. So if you absolutely need max leverage maybe FxGlory is the way to go. I opted for TW because TW has fewer Retargets and thus fewer interrupted trades. One of those interrupted trades could be a whopper netting 1,000's of dollars.

As far as FxGlory offering more leverage IMHO it isn't needed. 1000:1 is perfect allowing for a 20 pip stop @ 50% risk. Any larger than that and you'll be risking the whole account on 1 trade. At least with 50% risk it is possible to adjust $@risk per trade eventually trading back up to break even or beyond. However if your consistently earning more than $5,000 each month with a method like this then the better option would be FxGlory since they don't have a withdrawal limit whereas Traders Way's max withdrawal is $5,000 per month.



Payment processors

Traders Way

Wire Transfer
WebMoney
Credit/Debit Card
MoneyBookers and MoneyBookers Prepaid Debit Cards
CashU


FxGlory


Credit/Debit Card
Paypal
Payza
MoneyBookers
OkPay
WebMoney
Neteller


Comparing the above FxGlory clearly has the upper hand. Paypal and Payza are vary popular easily accessible payment processors for US customers.


Spread



Traders Way -

MT4 Var Account - This is the account I signed up for since I didn't sign up for any of the other account options I can not speak for live spread results of other accounts offered. Listed below are the average spread over the last few days displayed via live MT4 results not the results listed on site.

EUR/USD - 1.7
GBP/USD - 1.9
USD/JPY - 1.7 pip.

These are darn good spreads wouldn't you agree?



FxGlory -

EUR/USD - 2
GBP/USD - 3
USD/JPY - 3-4

Not so attractive but still fairly reasonable. Most would rather spread of 2 pips and under for the major's.



Deposit/Withdrawal Restrictions



TradersWay

No deposit restrictions

$5,000/Month Max Withdrawal


FxGlory

No deposit or withdrawal Restrion



FxGlory takes the win again!


The only question left is which offers a more reliable trading client? <- Most important question of them all

Sorry I can not offer this information till after testing both brokers.


Well that's about all I can think of for comparison sake. Both brokers have advantages and disadvantages. Choose the one with the advantages you consider most important.

Good Luck And Good Trading Friends,
Johnn2Pips

did you find the broker with 1000:1 leverage?

I did try out FxGlory at one point and do not have a complaint about them. They offer massive leverage, and IMO you do not need that kind of leverage. I would actually advise against such high leverage especially for newer traders as you're setting yourself up for failure. However, if you really want to give it a go try them out.

Instaforex is good actually its the best

I also have been trading with FxGlory since 2014 and I don`t have issues with them. I think this piece of advice is more for the newbies; always read the temrs and conditions of your broker before deploying your trading styles.

the best broker with 1000:1 leverage is Citifx pro, it is liquidated by citi group and be used by both retail and institutional traders
https://www.citifx.com/

I have said my opinion on ridiculously high leverage many thimes before, so I will not repeat myself.
Instead, I will just place a WarrenBuffet qoute which, I think, covers the matter pretty well.

Check out the Exness thread, they have 2000 and I never had a problem with withdrawal so far.