The highest account leverage in Forex known today is 500:1 (actually, 1000:1 is the new leader nowadays!)
Below is the choice of Forex brokers who provide 500:1 and 400:1 leverage options. Let's compare!
There is Continental Capital they also offer 400:1 leverage. Here is the link http://co-fx.com/
BrokerGuru
February 22, 2010
Thank you, I'll check.
Continental Capital in an IB for WSD Direct.
trader
February 23, 2010
WSD Global Markets www.wsd-fx.com offer 400:1 on MT4 minimum account opening balance is 250USD
BrokerGuru
February 23, 2010
Thank you!
WSD Direct F.A.Q. page says it's $200 for a mini account.
A reply from a representative regarding leverage:
"At the moment 1:200 is the maximum we offer. But normally we start with 1:100 when the customer opens an account.
If you want to increase the leverage, it can be made depending on our valuable clients."
trader
March 10, 2010
Much love to BG this is a very helpful website. I was just wondering if anyone has had much experience with 'FOR INVEST GROUP' or 'GLOBAL CLEARING GROUP'?? And if so were they good/bad?? cheers
Picking a broker who is reliable, reasonably honest, trust worthy (especially in withdrawals), and have good customer service is not easy.
It is up to us to read reviews of every potential brokers and be very aware scam brokers who are out to get and keep our deposit money.
100ForexBrokers is one very good site to check out Brokers' reviews and so is Forex Peace Army site.
Never ever jump into a Live account with any Broker until you have checked out their reviews and practiced on their Demo Account for at least 3 months.
You will save yourself a lot of headaches and frustrations by reading and judging each potential broker before depositing your money with them. There are just too many scam brokers out there and getting more by the day.
Just use some common sense and remember that if anything sound too good to be true, it is indeed not true.
I've a lot to say about that first broker on your list, but you go and read up on their reviews and be the judge.
All the best in your foray into the forex world.
RahmanSL
P/S Hi BG! Looks like I have "grown up" a bit these past few months; yah? But I will always remember 100ForexBrokers, and especially you Broker Guru, as being my first real genuine friend and mentor in the world of forex.
Thank you once again for....well...your immense patience with me.
BrokerGuru
March 13, 2010
Thank you, RahmanSL.
trader
March 13, 2010
for 5000 dollar investment, what is the best leverage to choose ?
BrokerGuru
March 14, 2010
$5000 is a good start, where you may choose any leverage from 100:1 to 500:1.
Somewhere around 100:1 or 200:1 would be an optimal choice.
Tip: regardless the leverage, you should always keep main focus on the size & the amount of lots you'll be trading with, because in the end not the leverage, but the risks you'll take when adding up more trading lots will determine the overall outcome of your proper account management.
trader
March 14, 2010
InstaForex have 1:1000 first to offer such leverage
BrokerGuru
March 14, 2010
Thank you.
Do you know if this leverage is given to all clients, or only to clients from certain countries?
For example, we've found that EXNESS broker also offers 1:1000, but it is only available to a limited number of countries.
trader
February 22, 2010There is Continental Capital they also offer 400:1 leverage. Here is the link http://co-fx.com/
BrokerGuru
February 22, 2010Thank you, I'll check.
Continental Capital in an IB for WSD Direct.
trader
February 23, 2010WSD Global Markets www.wsd-fx.com offer 400:1 on MT4 minimum account opening balance is 250USD
BrokerGuru
February 23, 2010Thank you!
WSD Direct F.A.Q. page says it's $200 for a mini account.
A reply from a representative regarding leverage:
"At the moment 1:200 is the maximum we offer. But normally we start with 1:100 when the customer opens an account.
If you want to increase the leverage, it can be made depending on our valuable clients."
trader
March 10, 2010Much love to BG this is a very helpful website. I was just wondering if anyone has had much experience with 'FOR INVEST GROUP' or 'GLOBAL CLEARING GROUP'?? And if so were they good/bad?? cheers
BrokerGuru
March 10, 2010We have few comments from traders here:
about Global Clearing Group
http://www.100forexbrokers.com/reviews-ratings/global-clearing-group
http://www.100forexbrokers.com/broker-discussion/2pipsforex
about ForInvest
http://www.100forexbrokers.com/reviews-ratings/forinvest
http://www.100forexbrokers.com/broker-discussion/forinvest
RahmanSL
March 11, 2010Dear Trader (10-March-2010),
Picking a broker who is reliable, reasonably honest, trust worthy (especially in withdrawals), and have good customer service is not easy.
It is up to us to read reviews of every potential brokers and be very aware scam brokers who are out to get and keep our deposit money.
100ForexBrokers is one very good site to check out Brokers' reviews and so is Forex Peace Army site.
Never ever jump into a Live account with any Broker until you have checked out their reviews and practiced on their Demo Account for at least 3 months.
You will save yourself a lot of headaches and frustrations by reading and judging each potential broker before depositing your money with them. There are just too many scam brokers out there and getting more by the day.
Just use some common sense and remember that if anything sound too good to be true, it is indeed not true.
I've a lot to say about that first broker on your list, but you go and read up on their reviews and be the judge.
All the best in your foray into the forex world.
RahmanSL
P/S Hi BG! Looks like I have "grown up" a bit these past few months; yah? But I will always remember 100ForexBrokers, and especially you Broker Guru, as being my first real genuine friend and mentor in the world of forex.
Thank you once again for....well...your immense patience with me.
BrokerGuru
March 13, 2010Thank you, RahmanSL.
trader
March 13, 2010for 5000 dollar investment, what is the best leverage to choose ?
BrokerGuru
March 14, 2010$5000 is a good start, where you may choose any leverage from 100:1 to 500:1.
Somewhere around 100:1 or 200:1 would be an optimal choice.
Tip: regardless the leverage, you should always keep main focus on the size & the amount of lots you'll be trading with, because in the end not the leverage, but the risks you'll take when adding up more trading lots will determine the overall outcome of your proper account management.
trader
March 14, 2010InstaForex have 1:1000 first to offer such leverage
BrokerGuru
March 14, 2010Thank you.
Do you know if this leverage is given to all clients, or only to clients from certain countries?
For example, we've found that EXNESS broker also offers 1:1000, but it is only available to a limited number of countries.
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