|
Additional Username
|
Joined Apr 2016
|411 Posts
Trading on higher leverages could be risky, i have noticed that some broker offers 1:1000 on micro and 1:400 on their regular accounts. However there are some crazy offers too like 1:3000 which seems bit unrealistic too.
Hi, I've got an a/c with exness. However, their website, personal area, formalities and entire security and communication process sucks big time! The actual staff are very nice but their procedures aren't. It's not easy to deal with repeated shortcomings for me... Can anyone please recommend an alternative but good and reliable 2000:1 leverage broker ? I'd really appreciate it, Thanks, -Dmfx
The only broker I know offering is Exness like other ppl mentionned. Personally I never had any trouble with them, my Skrill withdrawals are almost instant, heres a screenshot = http://photoshar.in/exness-multiple-withdrawals-2015
At 2000:1 one bad trade will probably wipe out your entire account.
You should be sizing your trades and defining your leverage based on the % of your account balance that you are ok risking per trade, according to how much you would lose if your stop loss is hit.
I have seen Forexmart. It offers 1:5000 leverage and $10 USD as minimum deposit. But I have doubts, it is too good to not be a scam. There are hedging strategies that allows to use this high leverage brokers with minimim risk but first need to check ig the broker is dependable. There are too manu complaints about this broker. Good luck.
