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High Leverage Broker Question / Recommendations

  • #1
  • First Post: Edited Jan 22, 2016 7:32pm Jan 21, 2016 11:43pm | Edited Jan 22, 2016 7:32pm
Are there any brokers with all of the following?

1. 500:1 lev with 20% stop out level. Or
2. 400:1 lev with 0% stop out level.

There are only a few I've seen that offer anything close. Most that say they offer 500:1 or more have a stop out level of 50/80/or even 100% which effectively minimizes the actual leverage accordingly.

Which brokers do you recommend?
  • #2
  • Jan 24, 2016 12:26am Jan 24, 2016 12:26am
Quoting Pipologist
Are there any brokers with all of the following? 1. 500:1 lev with 20% stop out level. Or 2. 400:1 lev with 0% stop out level. There are only a few I've seen that offer anything close. Most that say they offer 500:1 or more have a stop out level of 50/80/or even 100% which effectively minimizes the actual leverage accordingly. Which brokers do you recommend?
FxPro does 1:500 5% stop out back in days, not sure anymore
  • #3
  • Jan 24, 2016 3:38pm Jan 24, 2016 3:38pm
Quoting plotinus82
{quote} FxPro does 1:500 5% stop out back in days, not sure anymore
Thanks. Will check it out and add to list...will start a list here once there are several.
  • #4
  • Jan 24, 2016 3:54pm Jan 24, 2016 3:54pm
Pepperstone is 400:1 20%, Activtrades is 400:1 30%, Exness is 2000:1 10% (classic min 2k account), Hotforex is 1000:1 10%. I can confirm the stop out levels work as they say in all 4 instances FxPro is now 20-25% stop out level. Fxcm is 100%... Dukascopy is 300:1 (on request) but they place hedges automatically on 100% (you can opt out of hedging to closing).
  • #5
  • Jan 24, 2016 4:13pm Jan 24, 2016 4:13pm
Quoting sakisf
Pepperstone is 400:1 20%, Activtrades is 400:1 30%, Exness is 2000:1 10% (classic min 2k account), Hotforex is 1000:1 10%. I can confirm the stop out levels work as they say in all 4 instances FxPro is now 20-25% stop out level. Fxcm is 100%... Dukascopy is 300:1 (on request) but they place hedges automatically on 100% (you can opt out of hedging to closing).
With Exness and HotForex I think margin goes down quickly once account is over 10k or 50k. Which negates the possibility of continued trading at high margin.

Ideally the broker would have no account equity caps at 500:1 and at most/least a 100 lot cap at that level. I think Pepperstone has a 200 lot cap. So it's not only the margin and stop out, but how much they allow you to trade at the higher margins.

A broker that gives 500:1 only up to $1000 equity is pretty much useless once your account trades higher volumes and intends to trade at higher margins.

There was this one (won't mention name) that offered 1000:1 but.....it had 50% stop out and over $1000 it dropped to 500:1 at 50% stop out. Once you did all the math it was equivalent to a broker that offered 100:1 at 20% up to 50k (which nearly every non US broker offers).
  • #6
  • Jan 25, 2016 12:37pm Jan 25, 2016 12:37pm
Quoting Pipologist
A broker that gives 500:1 only up to $1000 equity is pretty much useless once your account trades higher volumes and intends to trade at higher margins.

Probably they simply don't want you to screw up in a blink of eye, then posting scam alerts, warning about bucketshop that ripped you off, etc.
Serious broker always make sure they tip off traders about possible risks. Its a rule of thumb actually.

Hotforex has 60 lots restriction on Premium with same margin as on micro, do you need more?
  • #7
  • Jan 28, 2016 2:06pm Jan 28, 2016 2:06pm
Check TradeWiseFX, as per your requirement their leverage is very much that, but for stop loss it’s not what you wanted, but then honestly we are here to trade not gamble, so it should not be big deal. It is obvious that we recommend broker which we work with, as obviously if we are trading with any company so we think they are best and that automatically becomes recommendation for others.
  • #8
  • Jan 28, 2016 2:09pm Jan 28, 2016 2:09pm
https://www.100forexbrokers.com/high-leverage-brokers
  • #9
  • Jan 31, 2016 7:49pm Jan 31, 2016 7:49pm
nice list. thanks.
  • #10
  • Feb 1, 2016 1:34am Feb 1, 2016 1:34am
Quoting Pipologist
{quote} nice list. thanks.
  • #11
  • Feb 3, 2016 5:52am Feb 3, 2016 5:52am
Was looking that link @PoundTrader posted and found this relatively new broker: http://www.ads-securities.co.uk/

FCA regulated and founded 2014. they are a sub from Abu Dhabi.

Quote
ADS Securities London is a wholly owned subsidiary of Abu Dhabi based ADS Holding LLC, and works in partnership with ADS Securities LLC, which is also a subsidiary of ADS Holding, to provide high quality trading solutions. ADS Securities LLC is regulated by the Central Bank of the UAE and was established in 2010 with paid up capital of US$400 million.

Seems interesting: http://www.ads-securities.co.uk/accounts/ecn-account

They claim to have no trading size restrictions, as long as you have enough margin in your account. Also their stop out level is 20%, but can't find if they reduce your leverage based on your account size.
  • #12
  • Feb 3, 2016 8:14am Feb 3, 2016 8:14am
Quoting merquise
Was looking that link @PoundTrader posted and found this relatively new broker: FCA regulated and founded 2014. they are a sub from Abu Dhabi. {quote} Seems interesting:They claim to have no trading size restrictions, as long as you have enough margin in your account. Also their stop out level is 20%, but can't find if they reduce your leverage based on your account size.
Thanks, looks interesting but will wait until they generate a lot more public reviews or reviews on FF
  • #13
  • Feb 3, 2016 4:33pm Feb 3, 2016 4:33pm
Lots of members here are surprise why traders will open account with broker X or Y based in little islands. Lets put down all the attractions:

1. extremely high leverage 1:1000 or 2000 +. A lot of traders are under capitalized hoping to grow $100 to a million.

2. Deposit bonus. deposit $100 and you get $100 = $200. Then trader realized that once their balance reduce to $100, it became $0 the next minute when Broker withdrew the bonus.

3. Low stop out/margin call level - This applies to both scam brokers as well as reputable brokers , it depends how much risk they are willing to take. Typical brokers is 100% margin call.

4. rebates - lots of traders are looking for rebates. I know of 'traders' making money - $10K to $15K per month from rebates, they don't trade but pull other suckers into their brokers and get money being an IB. This is popular in emerging markets where traders open account with brokers based on word of mouth or brokers have a local marketing office.

5. Easy to open an acct with little documentation. You will find out what happens when you try to withdraw, you will need to send notarized, witnessed, court approved documentation !! and you can't send it to the local marketing office either, you need to send by courier to the distant island.

If you choose a broker based on the above, then you chose the wrong broker.
  • #14
  • Feb 3, 2016 5:03pm Feb 3, 2016 5:03pm
Quoting reddevil
Lots of members here are surprise why traders will open account with broker X or Y based in little islands. Lets put down all the attractions: 1. extremely high leverage 1:1000 or 2000 +. A lot of traders are under capitalized hoping to grow $100 to a million. 2. Deposit bonus. deposit $100 and you get $100 = $200. Then trader realized that once their balance reduce to $100, it became $0 the next minute when Broker withdrew the bonus. 3. Low stop out/margin call level - This applies to both scam brokers as well as reputable brokers , it depends...
+1
  • #15
  • Feb 4, 2016 10:58pm Feb 4, 2016 10:58pm
Quoting Pipologist
Are there any brokers with all of the following? 1. 500:1 lev with 20% stop out level. Or 2. 400:1 lev with 0% stop out level. There are only a few I've seen that offer anything close. Most that say they offer 500:1 or more have a stop out level of 50/80/or even 100% which effectively minimizes the actual leverage accordingly. Which brokers do you recommend?
hello,
what does 0% stop out level means?
  • #16
  • Last Post: Feb 7, 2016 3:15pm Feb 7, 2016 3:15pm
Quoting Pipologist
Are there any brokers with all of the following? 1. 500:1 lev with 20% stop out level. Or 2. 400:1 lev with 0% stop out level. There are only a few I've seen that offer anything close. Most that say they offer 500:1 or more have a stop out level of 50/80/or even 100% which effectively minimizes the actual leverage accordingly. Which brokers do you recommend?
Have a look here. 1:500 leverage is possible and stop out is 20% on Classic account.
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