Not if you know how to be a profitable trader. Profitable traders know how to use margin responsibly and safely.Then 4xs margin to get you under the 25k asap and topping up repeatedly.
Ahhhh so he's not just after a broker that gives you a 20% bonus for sending them cash, but might have a Forex Broker not paying up, this is my fear, also a Spot trader.
I'm sure it happens, small profits be fine, make a few Mil and errrr maybe worth the bad press to keep it.
None of you seem to understand. All you have to do is name a broker and then he will go away.![]()
good 
If you are trading with a reputable and regulated broker this will never happen.
None of you seem to understand. All you have to do is name a broker and then he will go away.![]()
I am also wondering how he got 200:1 leverage by his broker that is based in the UK.
The brokers that i know about that accept US residents offer 50:1 leverage as they should.
Maybe that is the reason why his account is getting closed.