Hi
Anyone know good broker has WTI with leverage 400 or 500 ?
Thanks
Anyone know good broker has WTI with leverage 400 or 500 ?
Thanks
Reliable Broker with nano lot, micro lot broker, leverage 1:400, 1:500 35 replies
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i want 400:1 or 500:1 leverage with metatrader platform 107 replies
400:1 500:1 leverage 24 replies
urgently need a 250 dols mini lot,400;1 leverage,reliable broker 9 replies
DislikedMost major jurisdictions have banned such leverage - ESMA did it years ago for the entirety of the EU, Australia followed recently. Most brokers which offer such leverages now are registered offshore and they are not trustworthy.Ignored
Disliked{quote} Dose not being regulated by ESMA or ASIC equate to not being trustworthy? If so, why?Ignored
DislikedWhat if a broker is regulated by ASIC or ESMA, but they also have branches in other countries like Seychelles or Vanuatu? Are those branches not worthy of your trust?Ignored
DislikedWhat if a broker is regulated by ASIC or ESMA, but they also have branches in other countries like Seychelles or Vanuatu? Are those branches not worthy of your trust?Ignored
Disliked{quote} To be completely blunt? No. I'd actually go as far as to say that if a broker follows one regulation in one jurisdiction and provides the people of that jurisdiction a proper service, and then engages in shady practices in another jurisdiction because the regulation there is lackluster, that is a very, very bad look for that broker.Ignored
Disliked{quote} And you consider offering higher leverage a "shady practice"?Ignored
Disliked{quote} It depends on the other practices of said broker. If they have poor customer service, no transparency on their business model, are registered, as mentioned, in an offshore zone, etc that 1:500 or 1:1000 leverage such brokers offer does become a questionable practice, yes. Context is important.Ignored
Disliked{quote} It does. Unregulated brokers cannot be trusted, that was my point.Ignored